September 1, 2021

Cryptos are cryptic (to me)

 

Given the total supply of crypto currencies (e.g. Bitcoin, Ethereum, etc.) is infinite

AND given the price of something in infinite supply is its marginal cost of production,

HOW can anybody justify the current values of crypto currencies?

Not to mention that the transaction cost driven by the cost to validate transactions is not free. In fact this cost can be significant.


August 30, 2021

Where’s BLM, Biden, Lebron?




Where’s the outrage? Where’s BLM? Where’s Lebron?

Another week and more lives lost. Until the Democrats stop propagating the false narrative nothing will change.

Black lives matter - I support the words but cannot support the organization because it propagates the false narrative that systemic racism is the primary cause of the disparities(incarceration, teen mothers, fatherless households, income, wealth, etc.) between blacks and whites.

Racism exists, it’s bad, and we should continue to work to reduce it. Excess police force is bad and we should continue to work to reduce it.

BLM organization’s positions and policies do not address the problems (murders, fatherless households, teen pregnancy) and do not address the key root causes (it’s not excessive police force or systemic racism.)

August 27, 2021

Fair Share?

Democrats continually say that they want everyone to pay their "fair share".  The most recently available data on household income shows that there is already a very progressive Federal taxing of households with the bottom quintile of households paying zero tax and the richest households paying 46.2% of their income as tax.  How much fairer do they want?

In fact, what would be unfair if somebody works a little harder, a little smarter or a little longer and makes a little more that they pay the same percent on the extra as everyone else.  Wouldn't it be fair to treat everyone the same?  Wouldn't it be better if everyone contributed (pay taxes) instead of developing an entire group of people that are not asked to contribute but at the same time are being promised more? 


UPDATE in 2020, with the significant expansion of credits, it is estimated that over 60% of households had ZERO net federal tax payments. https://taxfoundation.org/us-households-paying-no-income-tax/


If Mr. Sanders were to con­fis­cate every as­set of every Amer­i­can bil­lion­aire—Jeff Be­zos’s rock­ets; Elon Musk’s bit­coin; Larry El­li­son’s boats; Oprah Win­frey’s houses; Ted Turn­er’s ranches; Jay-Z’s car col­lec­tion; even the starched shirt off the back of poor Larry Fink, who tied for last place on the Forbes list, at $1 bil­lion—it still wouldn’t cover the cost of De­moc­rats’ next two leg­isla­tive plans. That’s to say noth­ing of fund­ing the gov­ern­ment’s reg­u­lar op­er­a­tions, a base­line bud­get that’s ex­pected to be roughly $4 tril­lion a year. And we haven’t al­lo­cated a dime yet to Mr. Sanders’s larger am­bi­tions, in­clud­ing Medicare for All.

August 25, 2021

Biden - Military Genius - NOT!


Biden and his administration still want their participation trophies. It’s not what they did (saved some) but what they didn’t do (leave no one behind.) 


Biden is a military genius, NOT!

18 months before Biden abandoned Bagram and handed Afghanistan security to the terrorist Taliban  – zero deaths

9 weeks after Biden’s abandoning Bagram - 13 deaths (and possibly/likely more)


Psaki-“We will leave when our mission is completed. Our mission is to leave.”  Huh?

Nearly 90 retired U.S. generals and admirals penned an open letter asking Secretary of Defense Lloyd Austin and the Chairman of the Joint Chiefs of Staff General Mark Milley to resign from their positions following their “negligence in performing their duties primarily involving events surrounding the disastrous withdrawal from Afghanistan.”

https://flagofficers4america.com/read-and-sign-our-letters

Ben Crenshaw - “ The world just witnessed the President of the United States take orders from a band of barbaric terrorists while ignoring the pleas of our international allies and Americans he will leave behind … Joe Biden is a coward”.

Military genius - abandoning your large, secure, easily defended airbase in order to use a small airport surrounded by a congested city that you have allowed your enemy, known terrorists, to surround. 

Allies thoughts. London Telegraph 

“A few days ago, the G7 met – not to agree any plan of action, but to beg Biden to hold the airport for a few days longer. He refused. 


The integrity of Nato is certainly up for question now. Afghanistan was supposed to be a Nato mission but it was ended by Washington without involving any of the supposed allies.”

Washington Post - “Every stoning. Every beheading. Every terrorist act that is born in Afghanistan over the next many decades can be traced to the events of August 2021. When the Taliban attacked Forward Operating Base Chapman in March — violating the Doha agreement signed the year before — Biden chose not to abrogate the pact. This passive response was the only signal the Taliban needed. Biden unleashed the dogs of war by not fighting back, just in time for the spring fighting season.”

Lara Seligman - SCOOP: U.S. officials gave the Taliban a list of names of U.S. citizens, green card holders & Afghan allies to grant entry into the outer perimeter of the city’s airport, prompting outrage behind the scenes from lawmakers and military officials.


My Analogy

[Biden ]IS TO [Biden’s claims about his Afghanistan withdrawal]

AS

[A fireman starting a fire in an apartment] IS TO [that fireman bragging about saving 1/2 of the lives (ignoring the 1/2 that he killed)] 



August 24, 2021

Biden’s Failure (or lies)


 No indications our people are having difficulty getting to the airport

There’s no Al-Qaeda in Afghanistan

We needed tens of thousands of troops and trillions of dollars to maintain the stalemate in Afghanistan

Nothing but respect from our allies

There’s no national interest in stopping Afghanistan from becoming a terrorist state again

We will protect women’s rights in Afghanistan

We planned for every contingency

Washington Post - This is a moral disaster, one attributable not to the actions of military and diplomatic personnel in Kabul — who have been courageous and professional, in the face of deadly dangers — but to mistakes, strategic and tactical, by Mr. Biden and his administration.

Biden not willing to enforce Trump’ agreement. He’s more than willing to abrogate Trump’s other policies and agreements.

Taliban violating key provisions: ceasefire;Afghan negotiations; not allow use of Afghanistan soil to threaten the US; and allow Afghans to seek asylum.

Ayaan Hirsi Ali “The recklessness of the Biden team continues to astound me. It really is as if they are deaf, dumb, and blind – ignoring not only what is happening on the ground in Afghanistan but also what has happened in multiple similar situations throughout history.”

https://www.telegraph.co.uk/news/2021/08/28/joe-biden-deaf-dumb-blind-chaos-us-has-unleashed/


Allies thoughts. London Telegraph 

“A few days ago, the G7 met – not to agree any plan of action, but to beg Biden to hold the airport for a few days longer. He refused. 


The integrity of Nato is certainly up for question now. Afghanistan was supposed to be a Nato mission but it was ended by Washington without involving any of the supposed allies.”


BERNARD-HENRI LéVY - Worse than a crime, this is a mistake. And, worse than a mistake, it is a stain. A stain on the term of Joe Biden, whose first dramatic error this is. But also, in a greater sense, this stain dishonours the modern conscience. It will take a long time for that conscience to forget this failure, this shame.

https://www.nationalreview.com/2021/08/the-day-afghanistan-died/

August 22, 2021

Covid Update August 23, 2021- Hopefully Delta is waning( and it appears to be)

It appears, hopefully, that the Delta wave may have peaked here in the US.  Also, reassuringly, is that the UK, which opened up  July 19th, does not appear to have run away hospitalizations or deaths.

Comment on vaccines.  Vaccines are not force fields and do not stop the virus from entering your body.  What the vaccines do is to have your adaptive immune system primed to fight the virus if/when it enters your body preventing you from experiencing symptoms or greatly reduce the morbidity and mortality of the virus. 

Without random testing of representative populations, it is difficult to know for certain what is actually happening with the virus and vaccines in the population. It should not be a surprise, depending on the number and frequency of testing and the number of cycles used in the PCR amplification to detect virus or virus remnants in people, even with vaccination, if those people have been exposed to others with the virus (think Providence Rhode Island.)






August 19, 2021

Insurrections - which one concerns you more?

 Two movements

One was the BLM protests.  Other was the Trump Protest.  Which one looks more like an insurrection?

Over 70 million people voted for Trump. Tens of thousands of supporters went to Washington to support him on January 6. Thousands march to the capital. Hundreds broke into the capital. Tens had evil intent. This was wrong. It is condemned by all.   It wasn’t a significant threat to our Democracy. It wasn’t an armed insurrection.  The protesters did not kill anybody. [UPDATE  August 20, 2021 - FBI concludes The events of January 6, 2021, at the U.S. Capitol were not "the result of an organized plot to overturn the presidential election result, no evidence that President Trump or people directly around him were involved in organizing the violence]

There were over 1000 BLM riots in hundreds of cities, with repeated riots in multiple cities, causing billions of dollars of damage resulting in over 50 deaths  

https://www.reuters.com/world/us/exclusive-fbi-finds-scant-evidence-us-capitol-attack-was-coordinated-sources-2021-08-20/

https://thefederalist.com/2021/07/29/report-reveals-shocking-double-standards-for-bringing-u-s-rioters-to-justice/



August 13, 2021

Biden launches new terrorist state





Way to go Joe!  

What f’ing idiots thought that Afghanistan could stand against the Taliban after we leave without air power?

https://www.nationalreview.com/2021/08/the-day-afghanistan-died/


Number 2Taliban leader is Haqqani-known Al Qaeda leader  

Reuters November 2020  "The president{Trump) has acted appropriately in this, has never said: 'Hey, we're going to zero. Let's go tomorrow.' It has always been a conditions-based effort and that effort continues," the senior U.S. defense official said, without explicitly detailing future drawdown plans.


Pentagon Chief Says Hopes Fading for More Open Taliban Government in Afghanistan


https://www.wsj.com/articles/pentagon-chief-says-hopes-fading-for-more-open-taliban-government-in-afghanistan-11631175830?st=2o9eoo5libfl8qs&reflink=article_copyURL_share


June 6 2021 NBC News-Without the contractors' help, Afghan forces will no longer be able to keep dozens of fighter planes, cargo aircraft, U.S.-made helicopters and drones flying for more than a few more months, according to military experts and a recent Defense Department inspector general's report.

https://www.nbcnews.com/politics/national-security/without-u-s-contractors-afghan-military-will-lose-its-main-n1269686

July 24th - Forbes “The United States has said it will provide Afghanistan’s military with “over-the-horizon” air support after completing its troop withdrawal from the country. How it can do so with the significant number of potential constraints that may soon emerge, however, isn’t all that clear.” But the official, speaking after the calls with allies, suggested that Trump would not push a withdrawal faster than conditions on the ground allow.

U.S. and Afghan officials are warning of troubling levels of violence by Taliban insurgents and persistent Taliban links to al Qaeda.

WSJ Aug 14 KABUL—The Afghan gov­ern­ment out­post in Imam Sahib, a dis­trict of north­ern Kun­duz prov­ince, held out for two months af­ter be­ing sur­rounded by the Tal­iban. At first, elite com­mando units would come once a week on a re­sup­ply run. Then, these runs be­came more scarce, as did the sup­plies.

“In the last days, there was no food, no wa­ter and no weapons,” said trooper Taj Mo­ham­mad, 38. Flee­ing in one ar­mored per­son­nel car­rier and one Ford Ranger, the re­main­ing men fi­nally made a run to the rel­a­tive safety of the pro­vincial cap­i­tal, which col­lapsed weeks later. They left be­hind an­other 11 APCs to the Tal­iban.

The Afghan army re­lies heav­ily on ground air power, us­ing air­craft to re­sup­ply out­posts, strike tar­gets, ferry the wounded, and col­lect re­con­nais­sance and in­tel­li-gence.

In the wake of Pres­i­dent Biden’s with­drawal de­ci­sion, the U.S. pulled its air sup­port, in­tel­li­gence and con­trac-tors ser­vic­ing Af­ghanistan’s planes and he­li­copters. That meant the Afghan mil­i­tary sim­ply couldn’t op­er­ate any­more. The same hap­pened with an­other failed Amer­i­can ef­fort, the South Viet­namese army in the 1970s, said re­tired Lt. Gen. Daniel Bol­ger, who com­manded the U.S.-led coali­tion’s mis­sion to train Afghan forces in 2011-2013.


https://twitter.com/saeedshah/status/1425861403089453062?s=21

https://twitter.com/julianroepcke/status/1425751441629716485?s=21


July 18, 2021

Politicizing the vaccine and pausing J&J vaccine were mistake





Kamala Harris November 2020. https://www.cbsnews.com/video/2020-vp-debate-kamala-harris-on-coronavirus-vaccine/

Pfizer delayed announcing the vaccine efficacy. Articles in the Washington Post and the New York Times were clear that Pfizer planned to look at their data once 32 trial participants had been infected. Instead Pfizer announced their terrific results on Monday November 9, after the election. Why?  The companies said they had decided not to conduct the 32-case analysis “after a discussion with the FDA.” Instead, they planned to conduct the analysis after 62 cases.

Government pausing the J&J vaccine was a mistake. 



July 8, 2021

July 5, 2021

Why don’t these Black Lives Matter?






Where’s the outrage? Where’s BLM? Where’s Labron?

Another week and more lives lost. Until the Democrats stop propagating the false narrative nothing will change.

Black lives matter - I support the words but cannot support the organization because it propagates the false narrative that systemic racism is the primary cause of the disparities (incarceration, teen mothers, fatherless households, income, wealth, etc.) between blacks and whites.

Racism exists, it’s bad, and we should continue to work to reduce it. Excess police force is bad and we should continue to work to reduce it.

BLM organization’s positions and policies do not address the problems (murders, fatherless households, teen pregnancy) and do not address the key root causes (it’s not excessive police force or systemic racism.)


July 4, 2021

America

 



America isn’t a place, it is an idea. 

If you reject the idea, then we do not have a country left. 



July 1, 2021

June 28, 2021

Obama’s chief scientist of the energy department says climate change is no existential threat




Steven Koonin, who was chief sci­en­tist of the Obama En­ergy De­part­ment ar­gues that what the me­dia and politi­cians and ac­tivists say about cli­mate sci­ence has drifted so far out of touch with the ac­tual sci­ence as to be ab­surdly, demon­stra­bly false.


From deeply ex­am­in­ing the world’s en­ergy sys­tem, he also be­came con­vinced that the real cli­mate cri­sis was a cri­sis of po­lit­i­cal and sci­en­tific can­dor: “the world isn’t go­ing to be able to re­duce emis­sions enough to make much dif­fer­ence.”

He points out the weakness and uncertainty in the models, doubting the use­ful­ness of cen­tu­ry­long fore­casts claim­ing to know how 1% shifts in vari­ables will af­fect a global cli­mate that we don’t un­der­stand with any­thing re­sem­bling 1% pre­ci­sion.

He agrees that the world has warmed by 1 de­gree Cel­sius since 1900 and will warm by an­other de­gree this cen­tury, plac­ing him near the mid­dle of the con­sen­sus, but he doesn’t see any­thing that would jus­tify the rapid and whole­sale aban­don­ing of fos­sil fu­els, even if China, In­dia, Brazil, In­done­sia and oth­ers could be dis­suaded from pur­su­ing pros­per­ity.

He’s a fan of ad­vanced nu­clear power even­tu­ally to pro­vide car­bon free base-load power.

But the Green New Deal makes no eco­nomic sense to force.  Every­thing he sees in the sci­ence sug­gests a slow, mod­est ef­fect, not a run­away warm­ing.  Let tech­nology and mar­kets work at their own pace. The cli­mate might con­tinue to change, at a pace that’s hard to per­ceive, but so­ci­eties will adapt. “As a species, we’re very good at adapt­ing.”


But climate financial regulation will not help the climate, will further politicize central banks, and will destroy their precious independence, while forcing financial companies to devise absurdly fictitious climate-risk assessments will ruin financial regulation. https://johnhcochrane.blogspot.com/2021/07/climate-risk-to-financial-system.html



https://johnhcochrane.blogspot.com/2021/07/rossi-hansberg-on-effects-of-carbon-tax.html

June 24, 2021

CRT - What's wrong with "whiteness?"

 


DEFINITION

Critical race theory is an academic discipline that holds that the United States is a nation founded on white supremacy and oppression, and that these forces are still at the root of our society. Critical race theorists believe that American institutions, such as the Constitution and legal system, preach freedom and equality, but are mere “camouflages” for naked racial domination. They believe that racism is a constant, universal condition: it simply becomes more subtle, sophisticated, and insidious over the course of history. In simple terms, critical race theory reformulates the old Marxist dichotomy of oppressor and oppressed, replacing the class categories of bourgeoisie and proletariat with the identity categories of White and Black. But the basic conclusion is the same: in order to liberate man, society must be fundamentally transformed through moral, economic, and political revolution.


State leg­is­la­tion about crit­i­cal race the­ory bans a spe­cific set of ped­a­go­gies—not teach­ing about his­tory. Left-lean­ing me­dia out­lets have claimed that bills in states such as Idaho, Ok­la­homa, Ten­nessee and Texas would ban teach­ers from dis­cussing racism in the class­room. This is patently false. The leg­is­la­tion in these states would sim­ply pro­hibit teach­ers from com­pelling stu­dents to be­lieve that one race “is in­her­ently su­pe­rior to an­other,” that one race is “in­her­ently racist, sex­ist, or op­pres­sive,” or that an in­di­vid­ual “bears re­spon­si­bil­ity for ac­tions com­mit­ted in the past by other mem­bers of the same race.” The same bills ex­plic­itly say that teach­ers may and should dis­cuss the role of racism in Amer­i­can his­tory, but they may not shame or treat stu­dents dif­fer­ently ac­cord­ing to their racial back­ground.


Thanks to CRT - a false narrative that disparities are due to systemic racism, not culture  



What would you call an ideology that rejects color-blindness, openly criticizes the civil rights movement, attacks successful blacks, and is blatantly and unapologetically racist?

This is the TRUTH about #CriticalRaceTheory: Watch Video


Critical race theory (CRT) is an academic discipline founded by law professors who used Marxist analysis to conclude that racial dominance by whites created “systemic racism.” Critical race theorists have been dominant in colleges and universities for years, but their impact on public policy was limited until recently. The precepts of CRT have now burst outside the universities, affecting K-12 schools, workplaces, state and federal governments, and even the military. This has sparked resistance from Americans who refuse to have their children indoctrinated or to submit to race-based workplace harassment.

As a new tactic against this grassroots opposition, CRT’s defenders now deny that the curricula and training programs in question form part of CRT, insisting that the “diversity, equity, and inclusion (DEI)” programs of trainers such as Ibram X. Kendi and Robin DiAngelo are distinct from the academic work of professors such as Derrick Bell, Kimberle Crenshaw, and other CRT architects. While there are many different CRT variations, there are bedrock features that are common to all its theorists and practitioners.

HOW TO IDENTIFY CRT

1. Systemic Racism: Critical race theory’s key assertion is that racism is not the result of individual, conscious racist actions or thoughts. Racism is “systemic” and “structural.” It is embedded in America’s legal system, institutions, and free enterprise system, and imposes “whiteness” as the societal norm. The system, including capitalism, is “rigged” to reward white behavior and preserve white supremacy. Curricula and training sessions that teach that racism is systemic and structural, and demand that Americans work to dismantle laws, traditions, norms, institutions, and free-market enterprise— the entire American system itself—are part of CRT.

CRT AT WORK: “It’s important to try to help youth understand how bias and oppression are institutional, structural and systemic, and not simply interpersonal,” asserts Dorinda Carter Andrews, chairperson of the Department of Teacher Education at Michigan State University.

2. Race Drives Beliefs and Behaviors: Critical race theorists assert that American culture is a conspiracy to perpetuate white supremacy by imposing white concepts on people of other races. Thus, members of minority groups must retain their cultural habits and never adopt standard practices or norms, no matter how neutral. Curricula or DEI programs that separate individuals by race, or teach that concepts such as being on time, hard work, literacy, etc., are products of white values, and therefore must be rejected by minorities, are part of CRT.

CRT AT WORK: “[M]any Latinos naturally view information about time more generally and simply cannot see the judicial system’s need for specificity and exactitude,” says Maria Ontiveros in “Critical Race Feminism.” (p. 223).

3. White Privilege: Because of the above, critical race theory says that white people are born with unearned privilege that other Americans are denied. This produces a “whiteness premium” that prevents working-class whites from working with working-class blacks to change the economic system. Reflecting its Marxist origins, CRT asserts that to achieve the unification of the working class, whites must recognize their white privilege and renounce it. Any curricula or DEI program that compels students or employees to accept their white privilege and/or work to abandon it, are part of CRT.

CRT AT WORK: As Derrick Bell writes in “Race, Racism and American Law,” segregation “represented an economic-political compromise between the elite and working-class whites [that] gave to the poor the sense of superiority, while retaining the substance for the rich.”

4. The System Won’t Allow Non-Whites to Succeed: Critical race theory teaches that whites have rigged the system, so the criteria used to measure merit and success in school or the workplace are not objective, but are designed to keep white individuals on top. Hiring metrics and workplace benchmarks, such as punctuality and logical thinking, need to be eliminated if non-whites are to succeed. Any curriculum or training program that says color blindness is a myth and advocates for eliminating standard measurements of success, including standardized testing for university admissions for reasons of racial equity, are part of CRT.

CRT AT WORK: “In short, merit serves as the phony pennant of color-blindness, used as justification for opposition to affirmative action,” claims Derrick Bell in “Popular Democracy.”

5. Equity Replaces Equality: “Equity” sounds like “equality”, but under critical race theory, it has become its functional opposite. “Equality” means equal treatment of all Americans under the law. CRT’s “equity” demands race-based discrimination. Because systemic racism has produced disparities between the races and because the system will only deepen these disparities by rewarding the “wrong” criteria, government must treat individual Americans unequally according to skin color to forcibly produce equal outcomes. Advocating equity over equality is part of CRT.

CRT AT WORK: “Equitable treatment means we all end up in the same place,” said Vice President Kamala Harris.


  • CRT’s effect on teaching math. 
  • From https://www.dcp.edu.gov.on.ca/en/curriculum/secondary-mathematics/courses/mth1w/course-intro
  • An equitable mathematics curriculum recognizes that mathematics can be subjective.
    Mathematics is often positioned as an objective and pure discipline. However, the content and the context in which it is taught, the mathematicians who are celebrated, and the importance that is placed upon mathematics by society are subjective. Mathematics has been used to normalize racism and marginalization of non-Eurocentric mathematical knowledges, and a decolonial, anti-racist approach to mathematics education makes visible its historical roots and social constructions. The Ontario Grade 9 mathematics curriculum emphasizes the need to recognize and challenge systems of power and privilege, both inside and outside the classroom, in order to eliminate systemic barriers and to serve students belonging to groups that have been historically disadvantaged and underserved in mathematics education.


Accountability
Action orientation
Autonomy
Being on time
Can-do attitude
Delay gratification
Dressing appropriately for the specific job
Education achievement 
English common law
Equal Opportunity 
Grading Math
Hard work
Independence 
Individualism
Intent counts
Measured moderation
Meritocracy 
Nuclear family
Objectivity
Operating from conscience
Operating from principles
Perfectionism
Plan for future
Politeness
Property rights
Rationality
Reading
Respect authority
Scientific method
Self reliance
Sense of urgency
Silent strength
Speaking correct English
Standardized testing
STEM courses
Striving for perfectionism
Striving toward success
Survivor mentality
Task Completion
Urgency
Valuing what can be measured
Writing

Ineffectual

US President Joe Biden told Prime Minister Benjamin Netanyahu that  the US will not aid any Israeli counterattack on Iran , US media report,...