Wednesday’s woes

| March 11, 2009
Davy, Davy Crockett....

Davy, Davy Crockett....

Fresh, hot cup o’ links for you. . . .now with morning update (new links at the top)!

The bad news is that we’re only a year away from the next election cycle. The good news is that the Democrats fear a looming train wreck.

And speaking of panic . . . .

One of the great phrases of the English language: “an unfortunate mix-up“.  (Hat tip to Dave Barry.)

First, Obama lost Warren Buffet. Now he’s lost Andy Grove.

It’s a good day for the American worker . . . at least so far.

Back in December 2008, Steve Mufson at the WaPo asked readers to predict where oil prices would be three months later. My prediction (in the comments): “I think that oil will make a few runs at $60/bbl in the next few months, but I suspect that 3 months from now, it’ll still be trading in the current $35-45/bbl range.” I was wrong in that it never even cracked $50/bbl, but note this graph.

Gotta watch out for all those insufferably chipper Mormons.

It’s getting crowded under the Obama bus. I knew the interwebz were good for something. If you’re having trouble keeping track of all the failed nominations, here’s a brief recap.

Yesterday, we had the 10 newspapers most likely to die. Today, we have the “Bottom Rung” listing from Moody’s, with the 283 companies most likely to go under. Make sure your employer is not on the list; there are some well-known names there.

I visited Beirut in 1998 and still have warm feelings for the city and the people. I only hope that one day it can get the peace it deserves.

Having lived for two years in Central America (in four different countries) and thus having dealt constantly with immigration issues, I marvel at the people who consider deportation for illegal immigration to be cruel or unusual; it was and is a fact of life down there. Fortunately, law enforcement here in Colorado appears to be catching on.

When you sup with the devil, you want to bring a long spoon.

Looks like it’s time for the Dept of Homeland Security to do a little list pruning.

Having sent my son to DC’s public schools, I can say that this was truly a destructive and cowardly act on the part of Senate Democrats. But what else is new?

Oink. Oink. Oink.

Back in the late 1990s, during the heat of the boom, I told anyone who would listen to me that it was going to end very ugly. Having done a venture-funded startup in the early 1990s, I could see quite clearly that the vast majority of ventures were going to crater. I got completely out of the stock market (in February 2000, a month before NASDAQ peaked) and told anyone who would listen to me to do the same.

This is going to be worse.

Camille Paglia, never shy, makes clear her dismay over the Gang That Couldn’t Shoot Straight:

First it was that chaotic pig rut of a stimulus package, which let House Democrats throw a thousand crazy kitchen sinks into what should have been a focused blueprint for economic recovery. Then it was the stunt of unnerving Wall Street by sending out a shrill duo of slick geeks (Timothy Geithner and Peter Orszag) as the administration’s weirdly adolescent spokesmen on economics. Who could ever have confidence in that sorry pair?

And then there was the fiasco of the ham-handed White House reception for British Prime Minister Gordon Brown, which was evidently lacking the most basic elements of ceremony and protocol. Don’t they read the “Iliad” anymore in the Ivy League? Check that out for the all-important ritual of gift giving, which has cemented alliances around the world for 5,000 years.

Read the whole thing; I may not always agree with Paglia, but she’s always intelligent and on point, and a hoot to read as well.

Michael Totten also weighs in on the appalling treatment of Britain by the Obama Administration.

And, of course, Obama may be losing Newsweek as well, despite (or perhaps because of) the magazine’s self-invention as a forum for liberal advocacy.

Meanwhile, David Rothkopf over at Foreign Policy tries to read the Obama tea leaves on foreign trade.

As is often the case, the Left is doing the very thing that it claims the Right is doing.

This pretty much sums up my feelings about e-books (hat tip to I Fail At Life).

Remember when George Lucas and Steven Spielberg made great films? Here’s why they did (and how they did it).

I can believe this may be a real Russian proverb; I just hope it doesn’t become too familiar here.

If you’re going John Galt, here’s one place to start: deleting all those online accounts that you’ve accumulated for years.

No, FDR didn’t spent us out of the Great Depression; in fact, it appears he made things worse. Something to keep in mind as Congress and the White House spend us into oblivion.

An American Stoat in King Arthur’s Realm muses on the relative corruption and incompetency of American and British politicians.

Robert Reich worries that the peasants are revolting; if he read this post by Ted Bronson, he’s probably be even more concerned.

Some provocative questions regarding my favorite TV show.

Did you know that the proper way to treat old master recording tapes before trying to copy off of them is to bake them in the oven? Me, either.

Here’s some analysis on the Syria-Iran alliance. Expect to hear more — a lot more — about this in the future. Speaking of which: here’s more on Syria and its own geopolitical issues.

And finally, courtesy of Say Anything:

Now take your Zantac and go to work.  ..bruce w..

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Category: 2008 Election, Business, Economics, Geopolitics, History, Links roundup, Main, Military, Obama Administration, Stimulus, US Politics

About the Author ()

Webster is Principal and Founder at Bruce F. Webster & Associates, as well as an Adjunct Professor of Computer Science at Brigham Young University. He works with organizations to help them with troubled or failed information technology (IT) projects. He has also worked in several dozen legal cases as a consultant and as a testifying expert, both in the United States and Japan. He can be reached at, or you can follow him on Twitter as @bfwebster.

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