Friday, November 17, 2006

Why is Milton Friedman My Hero

What he accomplished by introducing the theory that policy makers couldn't maintain low unemployment by permitting higher inflation, thus, creating low unemployment for the past 27 years starting when Paul Volcker (who became Fed chairman in 1979) put his monetarist theory into practice.

So basically Milton Friedman put food in people mouths by introducing this theory.
Now, let me ask you this, what religion has ever done anything similar to that?
Somehow feeding people was never on any religions’ to do list.

Thursday, November 09, 2006

I don't like this

The most important figure (in the Bush administration) at the moment may be a man who comes from neither party's leadership. Former Secretary of State James Baker, an old Bush family friend, is heading a bipartisan task force that is expected soon to issue recommendations for future U.S. policy in Iraq.

I hate
James Baker!
Which election did he ever win? What good
decisions did he ever make?

Is this good or bad?

Jews take root in Capitol Hill

Democrats may have conquered both houses of Congress, and so have Jewish politicians. Number of Jewish senators rises from 11 t o13 and number of Jewish representatives jumps to 30 thanks to six new faces creating all-time high of Jewish politicians in Congress.

Tuesday, November 07, 2006

I’m not voting

I’m going to exercise my right NOT to vote and my right to complain.

We’ve all had enough of all this stupid mantra of lines about voting.


Here is something interesting from the WSJ:

If the polls turn out to be correct and the Democrats rack up big congressional gains Tuesday, they will have to thank a crop of candidates who don't look like a lot of the Democrats already in Washington.

In a party with a racially diverse old guard -- perhaps four African-Americans and one Hispanic could chair House committees -- nearly all of the party's promising new faces are white. Several are former Republicans, including two business executives: Gabrielle Giffords, who has run her family's Arizona tire company and Jack Davis, who runs an upstate New York factory making furnace parts.

The Democrats have fielded a squadron of military men and women including Joe Sestak in suburban Philadelphia, a former Navy admiral, and Iraq war veteran and double-amputee Tammy Duckworth in suburban Chicago. Brad Ellsworth, a 48-year-old county sheriff favored to capture a House seat in Indiana, is one of the few Democrats ever to sign the antitax increase pledge of Republican activist Grover Norquist's Americans for Tax Reform.

New senators could well include Bob Casey Jr. from Pennsylvania, who opposes abortion rights and perhaps former Reagan Navy Secretary Jim Webb in Virginia.

Thursday, November 02, 2006

Some people won’t be joining our wine party

Islamic law prohibits a Muslim from consuming alcohol.
Muslims believe that the verses of the Qur'an were revealed to Muhammad by God through the Angel Gabriel on numerous occasions between the years 610 and up till his death on July 6, 632.

Now, why would god tell him not drink wine?

Substance in Red Wine Appears To Let Mice Live Longer

Words can’t describe how exited I am!!!!!

Here is today’s commentary in the WSJ:


Ponce de Pinot Noir
November 2, 2006; Page A12

Milton Friedman taught us that there's no free lunch, but it turns out he may have been wrong -- at least biologically speaking. Scientists have discovered that a substance found in red wine protects mice from obesity and the effects of aging, and could perhaps do the same for humans. Talk about making our day.

The substance, resveratrol, is found in red wine, grape skins and other plants. Scientists say it has increased the life span of every organism they have tested it on. While mice are the only mammals tested so far, the researchers who've studied it are so convinced of its powers that some of them say they are taking the stuff themselves as a nutritional supplement that can be purchased commercially.

Human beings have been searching for the fountain of youth since long before Ponce de Leon, but we doubt even the cheeriest optimist thought it'd be found in a glass of pinot noir. Life just doesn't work this way, as conservatives in particular appreciate. We'd also point out that the tested mice were stuffed with more resveratrol than even the most ardent oenophile could consume -- much as were the mice who supposedly proved human vulnerability to such things as the red-dye in Maraschino cherries.

Could this be our revenge on the environmental movement? Come to think of it, this may also be the answer to the famous (and we always thought existential) question of why French women are so thin, or why the French have fewer heart attacks than Americans. On the other hand, it's still not enough to make us drink merlot.