Wednesday Weekly Bits and Pieces 16 Oct 2013
The
debt ceiling needs to be raised by midnight tonight. The GOP could change their
collective minds. Nah. Congress could raise the debt ceiling without doing
anything to curtail spending. Democrats are pushing that line because they
don't want to be blackmailed by Republicans. Nah. The two parties might agree
to a short-term deal. Which is no resolution at all, of course, except to push
the issue further into the future and put off making a concrete decision for a
government going broke and out of money. But they'd wave a flag, pound their
chests and declare victory. Yes, they would. They surely would. We might see no
deal, and our government would essentially run out of credit. That's less
likely to me, because it sounds like
failure to everyone, even those who only remotely follow the news. But they
might.
A company in this kind of crisis is bankrupt, and with cooked books is illegal, but we won't pursue that line of thinking. I mean, if I go there, we'd
have to admit that Social Security is the world's largest Ponzi scheme, and we
know those are illegal.
Oh,
and in case you haven't heard yet - hello? Republican leaders? Funds for the
Affordable Health Care Act are not dependent on the budget process, so we must
still follow the mandates of Obamacare. Why did you use that as your pivot point?
Our
budget problems aren't the only issue either. The USA has hit its borrowing
limit and we're facing default - our debt ceiling.
Some
sources say there might be a compromise that is acceptable, but we don't know
until the elephants and donkeys start working together.
Other
sources say there is a deal on that table in the Senate and it will avoid the debt ceiling.
Interestingly
enough, this article mentions that Republicans want a provision that "would
force Congress, the president, and many other administration officials and
staff onto ObamaCare without additional subsidies." Well, finally! I feel
that if our government officials pass a law, they need to live within its
mandates.
Foreign government officials see us pretty clearly. They know that we have been
overspending since the 1970s. Why don't our own officials see the problem? More
candidly, why haven't they done something about it in the last forty years?
This article lists four ways a debt ceiling crisis would impact us individually. Well,
certainly expect the stock market to drop. In August of 2011, the last time we
faced a debt ceiling issue, the stock market dropped over 15%. Even if you
think you don't have money that will be impacted, many retirement funds are
linked to stock market investments. There's a reason our personal buying power
is the same now as it was in the late 90s.
On
the plus side, some government sites are opening again, on local budgets
instead of federal. The Statue of Liberty is available again to tourists.
Oh,
and Social Security is expected to see a slight increase (less than the cost of
living, of course).
We probably won't actually see a default. Unlike private citizens and companies,
the government is adept at printing money when it's needed. And there isn't a
single politician willing to lose his job because he told his constituents we
need to cut Social Security and Medicare.
No, the government will continue to fund much of our country's expenses
with money we don't have, somehow shown as income in an add ledger created by
politicians, not by accountants.
For
those accountants out there that would like to see the daily balance sheet for
the government, here's one. Those big numbers? They are in millions of dollars.
Yeah…
Some
people are even more pessimistic than I am, anticipating a global recession. I
think that foreign governments will simply find another currency to use as the
global standard. That will hurt us, but will hurt the world less.
If
you ever thought of chucking it all and becoming a dual citizen, this is a
pretty simple, straight forward article detailing the pros and cons. You'd still
have to pay US taxes, by the way, even if you live elsewhere.
Of
course if things get really bad, you can survive in the wilderness on lizards
and squirrels. This 72 year-old did, for 19 days. He probably didn't even know
there was a government shutdown!
The
amazing thing about the dancing bear is not that he dances so gracefully, but
that he dances at all. In the Cardinals vs Dodgers game, that wasn't quite
enough. Security escorted the dancing bear from the stadium.
Terrafugia
says they will have a flying car in the skies in just two years. Just in time.
Our roads are getting pretty bad in the neighborhood.
An
eighteen foot long, four hundred pound leviathan from the depths of the sea
surfaced on the coast of California. Dead, of course.
Young adult fiction is more prevalent than ever. I even think they are fun to read,
and some make good movies. I guess I long for the simple days when life was too
much a burden for a teenager.
You're
being tracked by the government agency NSA. Or someone. Or everyone. Get used
to it. Get over it. But if you can't, here's a good article about how they do
it. Sounds like Young Adult Fiction, doesn't it?
Former
President George W. Bush had a 95% blockage in one of his arteries. He had a
stent put in last August to alleviate the problem. We don't hear much from
"W" lately. He's gotten smarter and is staying out of the news.
The
fifth intergovernmental Panel on Climate Change (say that ten times fast) just
issued a dire report. Look for the weather to change drastically, it says.
Oh, okay. I will.
Oh, okay. I will.
It
wouldn't be a weekly update if I didn't say something about Apple™! They are
having another event on October 22nd, where they are expected to
announce upgrades to the iPad line. I was thinking of buying a new machine, but
I should wait a week and see what else they announce.
Wired says the same thing, only in less words.
Speaking
of Apple, some of their phones are suffering the Blue Screen of Death with the
new iOS 7. That's a little funny - make your OS look like Windows and it acts
like Windows!
With
only a goal of $25,000, this Kickstarter project plans to create a watch that will countdown until I die. Since today is my 56th birthday, maybe I should
toss some money at that project and get one!
I
might be better off with the one-minute beer cooler at the bottom of the
article, though.
I'm
still trying to figure out how to play my PC games and have full Mac functionality.
Aside from having two different machines (both pricey, I might add), I might be
able to use one machine for both purposes. This guy evaluated Parallels, VMWare
and Bootcamp on a Mac. You don't need this article unless you struggle with my
problem (gamer with an aging Mac and no games). I need this link!
Poor
me! Such a tough decision to make! This guy doesn't say whether he had a
computer during the year he lived without money. There are some interesting
lessons here. I wonder if he's still living this way?
These
folks choose to live on about $5,000/year. Of course, that's a choice, which is
entirely different from someone who doesn't have an option. They are
intentionally poor. There are some lessons here, though.
The
guy who wrote this has to be from the USA. You should see some of the thirty-five things he missed about the USA. Honestly, I'd miss some of them
too. What he doesn't mention (and we knew about in Africa) is the lack of
toilet paper. Of course, the guy without money (see above) used strips of
newspaper, but they didn't even have that in Africa!
I
might want to visit Iceland. With just over 300,000 people they have more books
published and read per capita than anywhere else in the world. My kind of
people. Of course, it IS Iceland - I'm not sure what else there is to do there.
They probably have a book on that, though.
Scott
Adams was pretty successful with his book(s). Most people aren't (including
me!). He talks about how he tried for success and failed, then succeeded.
Clever guy.
If
you're into art and love jewelry then Anna Silberstein's jewelry might interest you. Silberstein, by the way, translates to Silver Stone.
Ever
wonder how a cat sees the world? Me either. This guy did, though.
There
is a drug therapy that might eventually help MS patients. Science continually
amazes and delights me.
Worried
about gas prices? You need a motorcycle. Too dangerous (that's yes for most of
us)? Then how about a three-wheeled cycle that looks a bit like a car? You have to look at the picture. It
can be yours for less than seventy grand.
Iron
Man is coming closer to reality with the Tactical Assault Light Operator Suit,
or TALOS. The power pack is the problem. We don't have a portable ARC reactor.
Rumors
say that Marvel is planning five new television shows. Of course, DC is
expected to add Flash to its Green Arrow show as well. It's all good for
viewers, I think.
Finally,
I didn't get to go to New York's Comic Con and you probably didn't either.
These guys did, and they posted some pictures. Some are worth looking at.
Comments
Post a Comment