Free Markets, Free People

Dale Franks

Dale Franks’ QandO posts

Dale’s Observations For 2010-07-22

Scotland to Senate Lockerbie inquiry: Drop dead. #

Bernanke Says Extending Bush Tax Cuts Would Maintain Stimulus. #

Huh. They never mentioned this possibility in the whale watching tour brochure. #

For those who are interested, I do a lot of writing about motorcycling. I have interests outside of politics/economics. #

With the unemployment benefits, we will have spent more on stimulus than on the Iraq and Afghanistan wars combined. #

The index of U.S. leading indicators
fell 0.2 percent in June, the second decline in three months. #RecoverySummer #

Existing home sales fell–yes, unexpectedly–by 5.1% in June. #RecoverySummer #

Initial unemployment claims rose unexpectedly-we really need to talk about these expectations-to 464k. #RecoverySummer #

This journolist stuff is fabulous. I guess EVERYBODY gets all tough and manly on message boards. #

Eric Alterman, author of "What Liberal Media?": "Let’s just throw Ledeen…through a plate glass window." Thanks, @ezraklein! #

Dale’s Observations For 2010-07-21

TARP IG: Obama administration
housing rescue programs have been ineffective at preventing a
rise in home foreclosures. #

Bernanke says economic outlook is 'unusually uncertain'. Also declares surface of the sun is 'a bit warm'. #

The median duration of unemployment is higher today than any time in the last 50 years. #RecoverySummer #

I'm just going from meeting to meeting today. Theoretically, that accomplishes something, I'm just not sure what. #

Oakland, CA votes to permit large medical marijuana farms. #

Dale’s Observations For 2010-07-20

.@ewerickson on Sherrod: If the left gets a pass on race, the right has to fight back. | But fairly, not dishonestly. Or we're no better. #

I really want to know if Breitbart edited the Sherrod/NAACP video to make her look bad. If so, that's despicable. #

RT @dmataconis @benpolitico: White House denies role in Sherrod firing.| Ms. Sherrod says otherwise. #

Residents of Bell, CA (pop. 38k) just learned that city officials are taking in salaries ranging from $300k to $785k. #

I wonder if the NAACP is learning any lessons about the damage that accusations of racism cause. #

Mexican authorities searching a man at the airport in the nation's capital found 18 monkeys hidden beneath his clothes. #

Apparently, the Turkish gov't likes "good" terrorists like Hezbollah and Hamas, but not "bad" terrorists like the PKK. #

.@dmataconis @CMDeB @KurtSchlichter: Presidents are entitled to have their qualified nominees confirmed. | Elections have consequences. #

.@CMDeB: This is not helpful. Tea Party Scalds GOP Candidate in Va. | Not helpful to whom? GOP, or limited government principles? #

Man, that journo-list is the gift that keeps on giving. Its members colluded to keep Jeremiah Wright out of the news. #

RT @markknoller: UK wants US to understand the economic importance of BP, not drive it into oblivion. | Huh. Yeah. Good luck with that. #

'Rock Band 3' hitting stores on October 26. *sigh* I learned 'Rock Band' by playing an actual instrument. #

Forecaster: End of single-fee broadband is on the way. Enjoy your smartphone's unlimited data plan while you can. #

Comparisons to the Great Depression keep popping up. Just in case you were feeling a bit optimistic. #

Poll: Faith in Social Security system tanking. Looks like someone learned how to do simple math. #

Housing starts fell to the lowest level in 8 months. The one tiny ray of hope is that building permits rose by 2.1%. #

Dale’s Observations For 2010-07-19

BMW has announced the K1600GT sport touring motorcycle. 1600cc 6-cylinder engine. 160HP. 130 ft-lb torque. WANT! #

RT @NickSchweitzer @dmataconis: You misunderestimate her ability. | Perhaps. It may turn out to be perfectly cromulent for her. #

In the future, we may look back on today as the day that Sarah Palin managed to refudiate her chance to become president. She's Quayle II. #

The Republican party cannot be counted on to cut spending II: The GOP's counterinsurgency by spenders. #

People who live in glass houses shouldn't throw stones. Breitbart hits NAACP with promised video of racism. #

The Republican party cannot be trusted to cut spending. #

The Washington Post assesses the US intel community. After post-9/11 billions spent, it sucks. Or just blows. #

The National Association of Home Builders/Wells Fargo confidence index dropped to 14. Unexpectedly. #RecoverySummer #

HTC says the phone named by Steve Jobs as having antenna problems received 35-times less complaints than the iPhone 4. #

Sarah Palin apparently isn't all that interested in the property rights of Muslims, either. #

Observations: The QandO Podcast for 18 Jul 10

In this podcast, Bruce and Dale discuss the dissatisfaction about President Obama’s competence, the oil spill, and the American stranded in Egypt.

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 2009, they can be accessed through the RSS Archive Feed.

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Dale’s Observations For 2010-07-16

The University of Michigan Consumer Confidence Index dropped to its lowest reading since last August. #RecoverySummer #

This is troubling: Army reports record number of suicides for June #

.@CMDeB: Don't get me wrong, I still think its about the best thing EVER. in reply to CMDeB #

RT @CMDeB: A vagina is not a shield of protection. | My understanding is, however, that it regularly requires one. #

When the oil was leaking, Mr. Obama was always saying "BP this" and "BP that". Now that it's capped, he's saying "we". Uh huh. #

Now that the oil well seems capped, Mr. Obama is regaling reporters with how "we" stopped the oil. Umm, "we" didn't stop anything. BP did. #

Read the whole thing: The Jobs Americans Should Not Have to Do? One must wonder what kind of society we have become. #

Consumer price index falls; could deflation be in future? #RecoverySummer #

Mortgage rates remain at lowest level in decades #

Army reports record number of suicides for June #

Well, she's gonna be working this shit out in therapy for the test of her life. #

Dale’s Observations For 2010-07-15

DISCLOSE bill has passed the Senate. Just a little less liberty in"the home of the free". #

.@dmataconis @jaseliberty @beckychr007: 2. Multiple-party government trends to be unstable. See Italy, and 60 governments since WWII. #

.@dmataconis @jaseliberty @beckychr007: 1. The Constitutional structure of the US government makes more than 2 parties…problematic. #

Gallup says economic pessimism is on the rise, as consumer confidence drops to its level 15 months ago. #RecoverySummer #

Gallup says economic pessimism is on the rise, as consumer confidence drops to its lowest level in 15 months. #

.@jaseliberty @beckychr007: Re "the two party legal monopoly"| I'm not sure what you mean by this. What laws require 2 parties? #

Mortgage applications sink to a 13-year low, while foreclosures rise. #RecoverySummer #

The big honkin' Droid X Android phone, with its 4.5 inch screen, goes on sale today. To Verizon customers, anyway. #

BP Says Cap Is Repaired and Oil Cutoff Test Can Proceed. #

Initial jobless claims dropped today, but seasonal factors may be giving us a misleading view. #

Well, the dogs have ripped thecable hookup to the outside of the house apart. That's just the end to a perfect day. #

Yummy! #

Dale’s Observations For 2010-07-14

BP has started a pressure test to see if the leaking well is truly capped. #

The Fed has lowered its estimate of economic activity. #RecoverySummer # U.S. retail sales tumbled a second straight time in June, falling more than expected. #RecoverySummer #

RT @dmataconis: Megyn Kelly-Kristen Powers. Those two don't like each other.| I'm surprised we got out of it without a C-bomb being dropped. #

I wonder what workman's comp will charge my company for this. #

The nice thing about an emergency room in a small town is that you get right in, even with a minor complaint. They gave me ice. #

Well, I managed to burn my hand at work first thing this morning, so I'm off to the hospital. Great. #

Dale’s Observations For 2010-07-13

I guess the NAACP cut off the live web feed of their debate on the Tea Party resolution. Transparency! #

RT @libertypapers: Tweeting from my new BlackBerry Bold :-) | Blackberry, huh? Cool. How are things back in 2006? #

Whoopi Goldberg: Mel Gibson isn't RACIST racist. #

RT @daveweigel: My post at the Daily Dish about why Sullivan is wrong about Trig Palin: | Kudos for that. #

Legal expert Lindsay Lohan has no intention of going to jail, "has seen 'Chicago' several times" to develop strategy. #

NFIB's business optimism index falls 3.2 points to 89. 90% of small businesses plan no hiring. #RecoverySummer #

The future is now: BMW announces two new motorcycles powered by a 1649cc inline-6 motor weighing only 250 pounds. WANT! #

More trouble for BP: Now senators want to know if BP had anything to do with the Lockerbie bomber's release. #

Dianne Feinstein comes out against California's marijuana legalization initiative. #

Moody's downgrades Portugal; Greece raises $2.04 billion #

Backlash grows against full-body scanners in airports #

BP: well could be contained today if new cap works | Keeping fingers crossed. #