Free Markets, Free People

Daily Archives: March 15, 2009

Podcast for 15 Mar 09

In this podcast, Bruce, Michael and Dale talk about the week’s events, and the state of modern journalism.

The direct link to the podcast can be found here.


The intro and outro music is Vena Cava by 50 Foot Wave, and is available for free download here.

As a reminder, if you are an iTunes user, don’t forget to subscribe to the QandO podcast, Observations, through iTunes. For those of you who don’t have iTunes, you can subscribe at Podcast Alley. And, of course, for you newsreader subscriber types, our podcast RSS Feed is here. For podcasts from 2005 to 2007, they can be accessed through the RSS Archive Feed.

BlogTalk Radio – Tonight 8pm EST

Call in number: (718) 664-9614

Yes, friends, it is a call-in show, so do call in.

Subject(s): We’ll talk about the week and the progress of the kangaroo and the car converging as we watch. Or if you’re interested in a non-metaphorical reference, we’ll discuss what has happened this week among our financial and governmental gurus to further exacerbate an already bad situation. And, we might touch on a couple of foreign policy situation since that’s an issue that seems to have been mostly ignored.

Bombers and “Bombers”

Daniel Larison is trying to smack Ed Morrisey around over a particular story:

There is a non-story making the rounds that the Russian military might base bombers in Venezuela and Cuba, provided that the Kremlin wanted to do this. In the same story that is being circulated, the Kremlin ruled out the idea as hypothetical speculation. Naturally, this had no effect whatever on wild accusations of Obama’s foreign policy failure.

As you can tell, Larison is sure there is no smoke or fire with this particular story, but refuses to let an opportunity go by to blame Bush for something, which he proceeds to do. However it seems Larison’s research into the story must have omitted this CNN version. The lede:

Russia expressed interest in using Cuban airfields during patrol missions of its strategic bombers, Russia’s Interfax news agency reported.

I put them in bold so they might catch Larison’s eye. You see, when most people see the words “Russia expressed interest” they interpret them to mean the state of Russia – you know, the country?- is interested enough in something to actually express that interest outloud to where a news agency heard it and reported it. And the words “Cuban airfields” usually mean, well, you know, airfields in Cuba – the object of the Russian interest. The thing airplanes fly off of. The fact that a Russian news agency reported the story about Russia’s interest and Cuba’s airfields, while also mentioning strategic bombers, kind of ties it all together and gives the statement some credibility over and above Larison’s hand-wave of dismissal. It certainly makes it more than a “non-story”.

In fact, Russia has obviously done more than just “think” about it.  Here’s the scoop on Venezuela:

Zhikharev also told Interfax that Venezuelan President Hugo Chavez has offered a military airfield on La Orchila island as a temporary base for Russian strategic bombers.

“If a relevant political decision is made, this is possible,” he said, according to Interfax. Zhikharev said he visited La Orchila in 2008 and can confirm that with minor reconstruction, the airfield owned by a local naval base can accept fully-loaded Russian strategic bombers.

Offer made by Venezuelan head of state. Enough interest to host a visit by Zhikharev (Chief of Staff of Russian Air Force).  Further interested enough to scope out the construction necessary to make it suitable for strategic bombers.

Yup – non-story. [/sarc]

But hey, never let the opportunity for a rant get slowed by facts, huh?


Governmental 3 Card Monte

A week or so ago, I highlighted a story about the possibility that Democrats were going to tax your employee health care benefits (after all, those among the 95% who are getting a tax cut have to have something to spend it on) and I was assured this particular plan comes up all the time and never gets out of committee. Well it appears those assurances of nothing to worry about were premature. The idea may not only get out of committee this time, but be signed into law as well:

The Obama administration is signaling to Congress that the president could support taxing some employee health benefits, as several influential lawmakers and many economists favor, to help pay for overhauling the health care system.

So you’ll pay taxes on your private health benefits to pay for health benefits for others, while government tells you how expensive your private coverage is and how they can run it much more cheaply and efficiently if only you’ll pitch in and pay for it.

Question: If taxes on your health care benefits are going to pay for a governmental health care system overhaul, and one assumes the purpose of the overhaul is to bring more and more of the health care system under governmental control, how will government “pay” for all of this in the future when you no longer have private health care benefits to tax?

Read the whole article.  It doesn’t even take a double digit IQ to spot the law of unintended consequences laying in the weeds just salivating over this one.


Years of Math

From an email.

Why? Because I think it is funny. And yes, I understand that we are still capable of and do teach math well.

But as I chuckled about it, this bit of humor is more about our priorities and some cultural issues than math.

1959-2009 (in the USA )

Last week I purchased a burger at Burger King for $1.58. The counter girl took my $ 2 and I was digging for my change when I pulled 8 cents from my pocket and gave it to her. She stood there, holding the nickel and 3 pennies, while looking at the screen on her register. I sensed her discomfort and tried to tell her to just give me two quarters , but she hailed the manager for help. While he tried to explain the transaction to her, she stood there and cried. Why do I tell you this? Because of the evolution in teaching math since the 1950s:

1. Teaching Math In 1950s

A logger sells a truckload of lumber for $100. His cost of production is 4/5 of the price. What is his profit ?

2. Teaching Math In 1960s

A logger sells a truckload of lumber for $100. His cost of production is 4/5 of the price, or $80. What is his profit?

3. Teaching Math In 1970s

A logger sells a truckload of lumber for $100. His cost of production is $80. Did he make a profit? 

4. Teaching Math In 1980s

A logger sells a truckload of lumber for $100. His cost of production is $80 and his profit is $20. Your assignment: Underline the number 20.

5. Teaching Math In 1990s

A logger cuts down a beautiful forest because he is selfish and inconsiderate and cares nothing for the habitat of animals or the preservation of our woodlands. He does this so he can make a profit of $20.  What do you think of this way of making a living? Topic for class participation after answering the question: How did the birds and squirrels feel as the logger cut down their homes? (There are no wrong answers, and if you feel like crying, it’s ok.)

6. Teaching Math In 2009

Un hachero vende una carretada de maderapara $100. El costo de la producciones es $80. Cuanto dinero ha hecho?