Monthly Archives: November 2009


Krugman-The Agony of Fox Business 1

In his 11 November 2009 NY Times blog post, The Agony of Fox Business, Paul Krugman writes

Clearly, the Fox Business crew is having a very hard time. They bill themselves as being truly pro-business — not like those leftists at CNBC. But they aren’t really pro-business; they’re pro-Republican. They’d like you to believe that it’s the same thing; but there’s this awkward fact that markets have, you know, gone up under Obama.

And this isn’t just a phenomenon of the last few months. Look back at stock returns under recent presidents, which is easy using a clever gadget at Political Calculations. Taking real, dividend-inclusive annual returns on the S&P 500, I get:

Reagan: 10.08%
Bush I: 10.16%
Clinton: 14.35%
Bush II: minus 5.81%

Tax-hiking Democrats are supposed to be terrible for business; I mean, Norman Podhoretz whines that Jews should be conservatives because Republican policies are better for the economy. But the data just refuse to say that — and that’s even if we restrict ourselves to the stock market, never mind job creation, wages, poverty and all that.

So the whole idea of Fox Business is problematic. It’s Fox, which means that it’s basically an arm of the GOP; but that’s a terrible match for business coverage, because the economy just refuses to punish liberals and reward conservatives the way it’s supposed to.

Looking back further, the “S&P proof” is not ironclad but it sure tends to support Krugman’s contention:

Annualized Rates of Return with Dividend Reinvestment and Adjusted for Inflation

Eisenhower (1/53-1/61) 13.85%
Kennedy (1/61-11/63) 9.29%
Johnson (11/63-1/69) 7.10%
[Kennedy & Johnson together (1/61-1/69) 7.87%] Nixon (1/69-8/74) MINUS 7.74%
Ford (8/74-1/77) 11.63%
[Nixon & Ford together (1/69-1/77) MINUS 2.40%
Carter (1/77-1/81) 1.25%
Reagan (1/81-1/89) 10.08%
Bush I (1/89-1/93) 10.16%
Clinton (1/93-1/2001) 14.35%
Bush II (1/2001-1/2009) MINUS 5.81%

Obama (1/2009-9/2009) 31.91% (and that’s just thru Sept!)

Looking over the longer periods, by the S&P 500 measure:
The laggards are: Nixon and Dubya.
The big winners are Clinton and Ike.
And the biggest winner so far is … you know who.

Hey, Barack. You’re looking good!


Sean Hannity Falsifying Footage

Watch this video to see how Jon Stewart Catches Sean Hannity Falsifying Footage To Make GOP Protest Appear Bigger


Follow this link to the HuffPo article that brought this to my attention.

Sean Hannity To Jon Stewart “You Were Right” About Bogus Video. It was all a mistake. Watch this video.


This may turn out to be the never ending story. The following video is Jon Stewart’s response to the Hannity response:


Barney Frank Clashes With Ed Schultz Over Bank Bonuses

Watch the following video:


This shows you why this liberal does not watch or listen to TV and Radio shows that are supposedly aimed at a liberal audience.

It is the hard headedness and lack of the ability to reason that keeps me from watching the right wing shows. Why would I want that crap on a left wing show?

In the first few decades of William F. Buckley, I would listen to his reasoned arguments even though I disagreed. Then he lost it and I stopped watching.


Bouncing Water Drops

What’s old is new. Watch this video of water bouncing off a surface.


The pictures of this are interesting even if the explanation is probably somewhat off the mark. I guess it takes a physicist rather than a mathematician to explain the observation.

There is an article on softpedia.com Understanding Water Drop Back-Jet Physics that has a more physical explanation. They also completed a high-detail computer model of the phenomenon, one that comprises more than 30,000 frames per second.

Picture from above article

For even more physics there is the article Between bouncing and splashing: water drops on a solid surface.

My freshman adviser at MIT, Harold Edgerton, made a famous milk drop photograph in 1957.


Harold Edgerton was an electrical engineer and began to take photographs as scientific experiments. In his first, he tried to produce a perfect coronet from a single drop of milk falling into liquid. To do this he invented the stroboscope – a device to produce short bursts of light. This allowed him to take split-second pictures of objects in motion which could not be seen by the human eye, including bullets and hummingbirds in flight, light bulbs shattering, and athletes in action. Some of his photographs had an exposure time of less than 1/10,000 of a second.


The 11/3 Project

Jon Stewart just loves Glenn Beck’s digestive and immune system so much, and he fears for it.


You probably had to have watched Glenn Beck to fully appreciate this video. I still found it funny even though I never have seen a Glenn Beck performance.


UK/USA made use of Uzbek torture

This two part video shows Former British Ambassador Craig Murray saying that the UK and the USA sent prisoners to Uzbek to be tortured.



I wonder how our staunchly anti-communist, anti-totalitarian wing nuts feel about this use of our former enemies.

I wonder why it is necessary to torture people into signing confessions and then killing them. Why not just forge the confession and kill them “humanely”?


Coburn Named as Senator Holding up Vets Bill

Follow this link to the story in the Marine Corps Times about how Republican Senator Coburn places holds on several veteran’s benefits bills. Follow this link to sign VoteVets.org’s petition to Sen. Coburn.

For those who think President’s Obama’s efforts to get things through the Congress is just a walk in the park, remember this story next time you are tempted to complain about lack of progress.

I have made statements before about how Lyndon Johnson would never have tolerated such obstructionism.  I then think back to how campaign finance laws have been changed over the years.  The control that the Democratic Party has over its Senators and Representatives is much less now than it was in Johnson’s years.  That is why even a 60 vote majority is not enough to give Reid the power to stop such shenanigans.

I would hate to think that American style Democracy cannot work without such dictatorial powers wielded by a few of our leaders.

The proof must come from continued pressure from the electorate in making calls to members of Congress demanding action.  Whining about President Obama’s failures just won’t cut it anymore.

Even to me, my call to stop whining about Obama sounds a little like the usual Right Wingnut’s complaint.  How can you complain about Bush condoning torture, when the terrorists are so inhumane?  My answer is that I have some say in what my President does, but other than sending an army to Afghanistan, I don’t have much control over what the terrorists do.

In this case, I have as much say in what Congress does as I do about what President Obama does.  So my call to focus our energy where it will do the most good is justified in this case as opposed to such supposed calls in the case of torture.


Does Fool’s News Ever Lie About The News

Follow this link to the report in the Christian Science Monitor.

I know that most of the readers of this blog wouldn’t have too much trouble believing that Fool’s News lies.

However, living out here in the hinterlands of Massachusetts, I have been asked by people I socialize with, “what  Fool’s News has ever lied about?”  Never believing that I would ever be asked such a question, I had not been saving up any evidence.  I have now decided that I had better collect the evidence.

Just don’t ask me to actually watch Fool’s News to gather the evidence. I am afraid my brain would start to rot.  I see plenty of evidence of such rot in people who do admit to watching it.