Wednesday, July 29, 2009

A Rule Of Blogging About Arguments Or Arguments About Blogging

Not for me to come up with a rule for blogging but anytime an argument devolves into the court scene from Animal House I say it is over. The Other McCain goes there in the big Erin Andrews/Douglas/Little Miss Attila dispute.

Oh Yeah it wasn't over when the Germans bombed Pearl Harbor.

Sunday, July 26, 2009

Obama's Presidency Will Be Over When...

Robert Gibbs says that the President doesn't pay attention to the polls but is just doing what is best for the U.S. people. At the current trend I would say that is Labor Day.

Monday, July 20, 2009

When Fiction Becomes Truth - Big Bang Theory Strikes

I guess Wolowitz from Big Bang Theory did really design and fabricate the toilet on the International Space Station (ISS). It is reported that the waste disposal system has flooded the orbiting base.

Friday, July 10, 2009

Meritocracy and Affirmative Action

Mr. Other McCain has a post here about meritocracy. Having worked in the Federal Government for the last twenty years or so I have come across the concept of meritocracy and affirmative action in action. At one of my jobs were a group of fine senior Federal employees we called the "bitchy GS-15 women". These were a group of women that had been hired, groomed and worked their way up to decision level management who lorded themselves over everybody because of their "position". Their problem was that they had never been told that hey had made a mistake or screwed up. Constantly promoted and receiving the highest ratings they could not consider of making mistake and demanded the respect they were due to the point that they were not only annoying but self-destructive. McCaian calls this "Elitism as Self-Congratulation"; and the only point they were where they were because they were women first; then fairly competent people later. In many ways they were oblivious of this.

Rant kind of over.

Proper and Efficient Use of Free Time

Hey, I work one full time job and blog for three sites and I do have free time to explore the internet. Perhaps I don't have enough time to write one thousand word plot summaries of Seinfeld episodes. Not that I don't like Seinfeld as I am one of those Gen X'ers that it speaks to.

Tuesday, July 7, 2009

Fed Admits Modifying Mortgages Doesn't Work

The Boston Fed did a study looking at Obama's premier program to fix the mortgage crisis by providing financial incentives for lenders to modify delinquent loans. Its conclusion is it doesn't work as most mortgage companies are hesitant to modify the loans. The reason is simply they lose money on the deals.

Part of this is that a lot of borrowers end up delinquent again anyway and another large group fix the problem themselves. The Fed says one simpler solution would be to just give the cash to homeowners and use it to pay the mortgages. Just as I predicted the government will end up using my tax dollars to keep people in their overpriced homes.

Why do I pay my mortgage every month?