The Corpus Callosum

Archives for September, 2008

Just Say No! to Mars

When I was 11 or so, I read Heinlein’s novel, Podkayne of Mars.  I wanted to go to Mars after that.  The thought never really left me.  But in June of this year, I began to have my doubts.  Scientists reported that the soil on Mars is suitable for growing ASPARAGUS.  Forget Mars.  Keep your…

Bailout 2.0 is Upon Us

From London Banker: “The problem with financial institution balance sheets is that on the left hand side nothing is right and on the right hand side nothing is left.” It’s pretty obvious that financial institutions are struggling.  We’ve had 16 banks taken over by the FDIC in the past two years, 13 so far this…

Large Wall Street independent investment banks had a nice thing going.  Because much of what they did was not depository banking, there was little Federal oversight.  Instead, the SEC let them run voluntary oversight programs. Now, the SEC chairman, Christopher Cox, has assessed the performance of their voluntary oversight program: The financial upheaval of the…

Who Won the First Debate?

I can’t top this, so I’ll just quote.  It’s from Mike Shedlock, the guy with the portmanteau nickname, “Mish”: Careful analysis shows both Obama and McCain lost the debate…For the first time in history, I am proclaiming a moderator to be the winner of the debate. Jim Lehrer asked very good, pointed questions that neither…

Quote, and Question, of the Day

Quote of the day, attributed to President Bush: “If money isn’t loosened up, this sucker could go down.” –President Bush, 25 Sept 2008 He’s an idiot.  Liquidity is not the problem.  If it were, the whole mess would have been solved by now.  The problem is insolvency, not illiquidity.   So here’s the question of…

Ever since the inception of the Global and Perpetual War on Terror, there has been concern about the role of professionals with training in psychology and psychiatry in the design, conduct, and interpretation of torture programs. The American Psychiatric Association (APA) banned such participation in May 2006.  The American Medical Association (AMA) followed a few…

No, this is not a conspiracy hypothesis.  There really is a shadow banking system.  There is even a Shadow Financial Regulatory Committee (although the Committee is really a study group, not a regulatory body of any sort).   The System is said to be falling apart.  This might explain why the Fed and the Treasury…

Flickr Pickr: Hummingbird

This is a nice photo, with a Creative Commons license.  It’s a female Anna’s Hummingbird, Calypte anna. The picture was taken by Michael Risenhoover, who blogs at Michael 448.  Clcik on the image to go to the page and see the bigger versions.

Thank God For USNORTHCOM

USNORTHCOM is the organizational unit of the US military that is assigned to North America.  They are the ones who are responsible for defense of the homeland.   Religious Support Teams providing hope after Ike September 13, 2008 TYNDALL AIR FORCE BASE, Fla. – For the first time, military chaplains and the National Voluntary Organizations Active…

Mental Health Needs Increasing

The economic crisis is reported to be responsible for a recent increase in calls for mental health services: Economy worries driving more people to seek help By ROB WATERS and DAVID OLMOS September 20, 2008