Monday, August 22, 2016
When our myths collide with reality, we chose the myths.
Abnormally Normal: NASA says that the current low levels of Arctic sea ice coverage are not going to recover. Ten years ago this year's low levels of sea ice would have set a record, now it is business as usual. And that business will lead to the Arctic being essentially ice free – there will be pockets of ice here and there, but the greater part of the Arctic will be bare of ice. Bare of that white reflecting layer, and once the ice is gone and the sunlight is no longer reflected into the atmosphere but rather penetrates and warms the darker ocean waters, the rate of global warming will increase. And soon thereafter, methane releases will begin. And that will pretty much mark the end.
Quote: “Our federal disaster management system [FEMA] is simply not equipped to handle disasters.”
Shorter Version: Here's the complete case for private health insurance: ___________. Right, there isn't one. It takes your money and – when forced – gives you 80% of it back. Medicare takes your money and gives you back 98.6% of it. Go figure. No, really, go figure.
Popedsicle: The “Ice Wall” that was supposed to protect groundwater from entering the crippled Fukushima nuclear complex and becoming incredibly radioactive “has shown little or no success.”
Telling Phrase: “The new US commander in Iraq and Syria...” We have troops in Syria? Why? Enough to have a “commander”? What, exactly, threat to US national security does any of the the 6 or 17 or 43 sides to the Syrian civil war pose?
All You Need Know: Yes, it is possible to hack elections in the US. The use of computers and the internet nearly guarantees it will happen – not everywhere, but perhaps in a very few select pivotal places. With electronic voting there is no secret ballot and no guarantee whatsoever that the votes cast and the votes counted have any relationship.
On Closer Reading: “The supreme law in the US is the Constitution, which chiefly guarantees property rights and the rights of corporations but not necessarily the rights of human beings...”
The Message: A tattoo, no matter where or on whom, makes a statement: “I am trash, I do not respect myself, and I make poor decisions.”
Efficient Markets Aren't: Individuals acting in their own self-interest within a larger system always reduce that larger system's efficiency, thus rendering efficient markets a myth.
Truthiness: "Nothing terribly catastrophic has happened yet, so we have decided to continue screwing responsible savers with interest rates that are at 5,000 year lows so that this dangerous asset bubble can persist..." The latest FED minutes, ever so slightly paraphrased.
Porn O'Graph: Healthy returns.
A Parting Shot:
Posted by Charles Kingsley Michaelson, III at 7:39 AM