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BEST of the BLOG
PLANETARY OBSERVATIONS..
From Mudd, Stiles & The Heath Monitor Files
On the other hand...meet Dr. Marc Farber...
Some
of the American states have deficits as high as 45 percent of their
revenue and increasing taxes to cover the gaps is not likely to work
because people would just move elsewhere or leave the US altogether,
Faber said. "When you look at the US... it's a total disaster, we're
all doomed, we're doomed,"he said.
Obama, our civil liberties hero -
The
nation's chief executive extols the virtues of mandatory DNA testing of
Americans upon arrest, even absent charges or a conviction. Obama said,
"It's the right thing to do" to "tighten the grip around folks" who
commit crime...posted by Mudd.
The
erudite Doctor also pronounced: "I don't have a very high opinion of
Mr. Obama," Faber told "Squawk Box Europe." "I was negative of Mr. Bush
but I think Mr. Obama makes him look like a genius."
Is There an Ecological Unconscious?
My
colleague Mr. Mudd thinks this is rubbish, but I see a glimpse of truth
at least in it all. neither of us, however, has the fortitude to
analyse it. So analyyse THIS yourself...
Meanwhile -
"An
E.P.A. study last year estimated that $335 billion would be needed
simply to maintain the nation's tap water systems in coming decades. In
states like New York, officials estimate that $36 billion is needed in
the next 20 years just for municipal wastewater systems." posted by Mudd
"THE EDGE" & U2 and
THE TALE OF FIVE CASTLES
A prevailing theme prevails...we once again ask, "Who are the good guys? Who are the bad guys?"
We
all knowU2 and the good work they have done to 'save the planet.'We can
barely escape the good deeds of its lead singer Bono, and have taken
comfort in the notion that the light U2 shines upon us can truly light
the world.
Thus a recent story by Steve Lopez in the LA Times raised more than a few eyebrows. According to the report:
Monumental monuments
This
in from the lovely New York Times - "A new monument fight erupted this
week when Representative Rob Bishop, Republican of Utah, said he had
uncovered a 'secret' Interior Department memorandum suggesting that
the federal government was considering
Go tell it on the mountain: The Edge doesn't need five homes here
The
U2 guitarist is lining up political muscle and environmentalist star
power to support constructing his eco-friendly castles on a pristine
ridge near Malibu. What's greener? Not building at all.
national monument designation for 14 huge blocks of land in nine states from Montana to New Mexico."
Some
of America's finest places are National Monuments. Why not a few more
to round things out? After all, most of the fruited plains have been
trashed, sea to shining sea. Etc. Smart money says you preserve a few
big hunks of intact wildlands on general principle. It helps that the
tax-paying public already owns the lands in question anyway. Reckon
they can decide what to do with their own property.
Once the whining is over, cooler heads will prevail. Maybe.
Just
so you know, it's not easy for me to refer to U2 guitarist David Evans
as "The Edge." Sure, there was a time when I referred to myself as S.
Lo. But I quickly realized that once you've gone gray, it's hard to get
away with anything other than what's on the birth certificate.
And
I can't keep a straight face when I tell you that the five eco-friendly
castles Mr. Edge wants to carve into the top of a pristine ridge near
Malibu already have names. There's "Clouds Rest" and "Panorama," "Shell
House" and "Blue Clouds." And my personal favorite, "Leaves in the
Wind, www.leavesinthewind.com
posted by Mudd http://www.nytimes.com/2010/02/20/us/politics/20utah.html
Here
at The Zephyr, it all sounds so familiar...rich guys? Claiming to be
'green' but living fat opulent lifestyles and keeping everyone quiet by
giving them a taste of green as well?
So familiar...
The Next Hundred Million America in 2050
Check
out this excerpt from an NPR report about a man who's either
annoy-ingly optimistic or insane. Joel Kotkin sees nothing but
"aspiration cities" ahead. We think Mr. Kotkin needs a dose of reality
and where better to get it than in The Z. So kiss our aspirations,
Joel, get REAL.
Here is a bit of text...the link lies below..
SPEAKING OF RICH WEASELS... ANOTHER DAVID BONDERMAN UPDATE.
By
2050, the U.S. will add a staggering 100 million people. Yet daunting
as that seems, futurist Joel Kotkin lays out a sunny vision of a newly
dynamic American economy and culture. For one thing, consider the
alternative: Kotkin says other industrialized nations will struggle
with stagnant, even shrinking populations. So, how will America
accommodate so many more people? Think Houston, Phoenix, Las Vegas;
and if that thought depresses you, Kotkin says, think again. He
believes these "cities of aspiration" will replace traditional
gateways, such as New York, in providing upward mobility to new
arrivals. Kotkin also envisions a more diverse, older and
self-sufficient form of suburbia, where three-generation households
make a comeback, and technology allows more people to work at home.
It's not the vision environmentalists might like (Denser, greener
cities? Sorry, he says, Americans still love cars). But Kotkin says a
"new localism" will produce its own energy savings.
When
we last visited Mr. Bonderman, the billionaire/philanthropist/private
equity guru/bone cruncher had lost a pile of money during the global
financial crisis, wiped out Washington Mutual, and saw his personal
fortune plummet from $3.3 billion it 2008 to just a billion and change
in '09.
Now, a Google search gives us two new Bonderman updates.
"TPG co-founder Bonderman bashes FDIC bank investment rules TPG co-founder Bonderman bashes FDIC bank investment rules."
"One
of US giant TPG's co-founders has spoken out against Federal Deposit
Insurance Corporation regulation of private equity's investment in
struggling banks, saying that the rules are accelerating failures,
according to Reuters.
"The
FDIC has limited the percentage of ownership and control by outside
investors dues to concerns over funds exploiting the depressed assets
of troubled banks by quickly selling them off.
Dr. Marc Farber, investing guru. His site is GloomBoomDoom.com.
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