Very Cool Video

Patrick Depallier in Ken Tyrrells unique six wheel Tyrrell P-34 doing a lap at Monaco.

Now For Some Weirdness

The Alternate History Theme Park Where Dinosaurs Fought in the Civil War

LMAO....no comments needed...

Blago Gets Busted! Bigtime...

talk about blatant influence-peddling, bullying critical media, general corruption, ego-centered paranoia!

No its not Chavez, or for that matter business-as-usual politics of many LA countries regardless of ideology.

Its the wacky reign of Gov. Rod Blagojevich in Illinois busted for trying to sell Barack Obama's Senate seat, shaking down the Chicago Tribune, shaking down business and individuals for contributions among other shenanigans. The federal indictment details all this fun, which has shocked even cynical Chicagoans used to outrageous behavior from politicians. Count Blagola is in for it....

Some wags have already said that US Attorney Fitzgerald should be appointed to the Senate - leaving Illinois polls in peace.

EDIT: For anyone not familiar with the Loop area in Chicago, the US District Court in the Dirksen Center where the governor was dragged in, is directly across the street from where the transition is being run...Actually they are 2 of the 3 buildings in the complex known as the Federal Central , designed by Mies Van Der Rohe.
It is this proximity that explains why the national media covered the Courthouse action so quickly, and ran back to get quotes from the President-elect. And the US Attorneys office and detention areas are also there.

Latin American Finance Ministers - Bolivia and Venezuela get trashed

Latin American business magazine America Economia has a recent special rating Latin American finance ministers, particularly how well prepared they are to deal with the current worldwide financial crisis. 140 prominent professional economists were surveyed, asking them to rate the finance ministers performance based on four criteria: macroeconomic stability; pro-competetivenes/pro-growth strategies; leadership within the government as a whole; and projecting confidence to citizens, the business community and investors.

Rated highest were Chile's minister Andrés Velasco, followed by Mexico's Agustín Carstens, Peru's Luis Valdivieso, and Brazil's Guido Mantega. Among individual categories, Guatemala's minister is rated very high (#3) in the leadership category - which focuses on how well the minister leads "in the economic plans of the government" as a whole, and how he is able to work with the "demands of his colleagues" i.e. the ministers of labor, housing, education, health.

Biggest Losers

Bolivia's El Nuevo Dia (reprinted in Petroleumworld) acidly notes that Bolivia's Luis Arce is ranked at the tail end of the survey alongside colleagues from Venezuela, Ecuador, and Argentina. Coinciding with the countries worst prepared to deal with the current crisis.

Bolivia would probably be rated worse if it weren't for the countries reserves and recent macroeconomic stability. Most Bolivian experts will quickly point out that those are "in spite of Evo", rather than because of Evo. Previous governments fiscal policy choices and macroeconomic policies bear a lot of credit. Gas revenues come largely from investment that Evo has chased away. The pattern continues with Bolivias exports and trade policy, which face an uncertain future due to the Morales government bungling of Andean trade preferences and demoralizing of the export sector. With this kind of incompetence and ideological idiocity from the top, it is hard to see how poor Mr. Arce would make the grade.

President-Elect.... Picking Strong....

From The Economist

. He has embraced his former nemesis by making Hillary Clinton secretary of state. He has outraged the left by keeping Robert Gates at the Pentagon and making James Jones, a former NATO supreme commander who campaigned for John McCain, his national security adviser. He has reassured the markets by putting Tim Geithner in the Treasury and appointing Larry Summers as his White House economics guru. And he has made history by appointing Eric Holder as America’s first black attorney-general. The Justice Department, which once spied on Martin Luther King, will now be in the hands of a child of the civil-rights revolution.

it must be the hangover of 8 years of Bush's power-hoarding White House, and the Republicans embrace of mediocrity. relief to see people with actual brains and skill getting tapped to run things now. And those on the right whining about "socialism" during the campaign, were so way off it is almost funny...

: the imprint Mr Obama is already putting on history is impressive. He has demonstrated that he is self-confident enough to surround himself with big brains and strong personalities. He is also signalling that he intends to govern pragmatically—changing America’s foreign policy by degrees, not precipitously, and focusing his energies on America’s miserable economy.

As for the whining by some netroots/Daily Kos/moveon.org types...get a clue..... Some of the more leftish loudmouths need to figure out that a lot of the rage that ate up a lot of online space was directed at the extraordinarily obnoxious administration, and was not representative of a defined ideological position. Not many people want to resurect the substance or the attitudes of 70's or 80's east-coast liberalism. Our President-elect understands that perfectly.

Drug Wars: Erradication in Colombia and Bolivia

From the New York Times article on the failure of Plan Colombia's goals of erradication.

Despite record aerial eradication, coca cultivation rose by 15 percent during Plan Colombia’s 2000-2006 run, the report said.

It added that cocaine production rose by less — 4 percent — because eradication efforts forced growers to disperse their crops more widely, contributing to lower yields.

In Bolivia, the issue of erradication of coca and fighting trafficking has come up again due to Evo expelling the DEA, as the Economist points out:

The government points out that it is wiping out more than 5,000 hectares (12,000 acres) of coca this year (though the UN reckons Bolivia’s cocaine output rose 11% in 2007)..

Comparing Apples And Oranges


Both countries erradication efforts are often compared by analysts. The Bolivian government itself often cites its "successes" erradicating illegal coca and cocaine production, in contrast to the expensive and allegedly unworkable efforts in Colombia.

In some ways this is comparing apples and oranges. Most of the illegal coca production in Bolivia is centered in one clearly delimited area in Chapare. The area is controlled by growers, organized in unions that happen to be the core of the support of the governing party. You have the curious case of the president as commander in chief of the armed forces (including anti-narcotics units) and at the same time being the elected leader of of the coca growers unions. There has long been a sort of Mexican-standoff in the area b/w authorities and cocaleros, which at least on the surface it looked like coca leaf production was contained and not expanding back to pre-2002 levels.

Colombia on the other hand has coca growing areas - some enormous - spread out over the country. Given the size and topography it is easy for farmers whose crops have been destroyed to literally "move down the road" and replant elsewhere.

Complicating the entire situation is that growing areas are disputed by tens of thousands of guerrillas, paramilitaries and drug smuggling bands. In one sense creating "mini-conflicts" within the larger war in Colombia, over growing/production areas and key smuggling routes. Rents collected finance all the warring parties. The FARC's continued existence owes a lot to taxing coca and cocaine and direct involvement, while the paramilitaries are largely product of drug smuggler money.

It is using these funds that the FARC is able to mount its war against the Colombian state. And this larger conflict acts as a sort of buffer - by denying control of territory and diverting resources - insulating many of the actors involved in the drug trade from central authority. If the government has to focus on FARC guerillas attacking authorities in a given area, drug dealers who go out of their way to avoid authority often can go about their business - more so if they kill guerillas and anyone connected to them on their own dime.

Growing Vs. Production

Given these differences it is hardly surprising that coca production has increased in Colombia and remained more or less constant in Bolivia.

But, if we measure actual cocaine production, it appears that the increases in coca leaf acreage have not yielded a corresponding increase in cocaine production in Colombia. In other words the growers are forced to grow more to provide the labs with raw materials.

On the other hand in Bolivia, it is hard to avoid the conclusion that under this regime, it has become much easier for coca to reach cocaine producers. The cocaleros have become more efficient. Since there is no comparable 'existential' threat to this Bolivian government as the FARC presents in Colombia, there is much less excuse for the Morales government. Or at minimum it shows just how hard it is to show real results in erradicating coca - and cocaine production.

Election 2008: PRESIDENT OBAMA....

Great speech.....

Grant Park in Chicago...David Gergen & Carl Bernstein both made comments on the symbolism.. Site of infamous riots in 1968 Democratic convention...riot in the sense that Richard Daley Sr.'s cops ran amuck beating up protesters. National TV showed hizzoner melting down, while chaos reigns on convention floor in reaction to Grant Park. 40 yrs later it is Richie Daley Jr.'s Chicago that is the site of a historic celebration.

Election 2008: Done Deal Baby!!!!

CNN CALLS IT FOR BARACK OBAMA.................Virginia goes Democrat!!!!

THANK GOD! GOD BLESS AMERICA....

A good percentage of the American electorate does right by all of us...

Election 2008: 10 pm eastern.

New Mexico for Barack...Iowa for Barack...

CNN Cuts to McCain/Palin HQ in Arizona...weird scene: Faithful waving red flags and US flags..looks like Nixon visiting China.....Hank Williams Jr sings one of his songs about how he used to booze it up. I think Hank Sr. would be more appropriate for the event...."I'm so lonesome I could cry"....LOL.....

Election 2008: Ohio & PA....W00t!!

F-Joe The Plumber

CNN projecting Barack Obama wins key states of Ohio and Pennsilvania. Taking the blue collar vote....where McCain concentrated his efforts.......

COME ON FLORIDA....

Christopher Buckley, William F. Buckley's son endorses Obama

Author Christopher Buckley son of the "patron saint of conservatism" William F. Buckley, a self-described "small-government conservative" and "libertarian" on other issues has endorsed Barack Obama for president. The firestorm has caused him to resign from National Review the magazine WFB founded, which is often credited with helping launch the modern American conservative movement.

Buckley describes Obama as a "first-class temperament and a first-class intellect"

on John McCain:

John McCain has changed. He said, famously, apropos the Republican debacle post-1994, “We came to Washington to change it, and Washington changed us.” This campaign has changed John McCain. It has made him inauthentic. A once-first class temperament has become irascible and snarly; his positions change, and lack coherence; he makes unrealistic promises, such as balancing the federal budget “by the end of my first term.” Who, really, believes that? Then there was the self-dramatizing and feckless suspension of his campaign over the financial crisis. His ninth-inning attack ads are mean-spirited and pointless. And finally, not to belabor it, there was the Palin nomination. What on earth can he have been thinking?

On Obama:

Obama has in him—I think, despite his sometimes airy-fairy “We are the people we have been waiting for” silly rhetoric—the potential to be a good, perhaps even great leader. He is, it seems clear enough, what the historical moment seems to be calling for.

So, I wish him all the best. We are all in this together. Necessity is the mother of bipartisanship. And so, for the first time in my life, I’ll be pulling the Democratic lever in November. As the saying goes, God save the United States of America.

Economic Mess - Bailout Nothing New Really

For a historical and global perspective of what the US Govts bailout/rescue plan Britain's The Economist

[H]istory teaches an important lesson: that big banking crises are ultimately solved by throwing in large dollops of public money, and that early and decisive government action, whether to recapitalise banks or take on troubled debts, can minimise the cost to the taxpayer and the damage to the economy. For example, Sweden quickly took over its failed banks after a property bust in the early 1990s and recovered relatively fast. By contrast, Japan took a decade to recover from a financial bust that ultimately cost its taxpayers a sum equivalent to 24% of GDP.

All in all,[B] America’s government has put some 7% of GDP on the line, a vast amount of money but well below the 16% of GDP that the average systemic banking crisis (if there is such a thing) ultimately cost[/B]s the public purse. Just how America’s proposed Troubled Asset Relief Programme (TARP) will work is still unclear. The Treasury plans to buy huge amounts of distressed debt using a reverse auction process, where banks offer to sell at a price and the government buys from the lowest price upwards. The complexities of thousands of different mortgage-backed assets will make this hard. If direct bank recapitalisation is still needed, the Treasury can do that too. [B]The main point is that America is prepared to act, and act decisively.

Basically, the "bailout" is nothing that hasn't been done elsewhere, and the consequences for doing nothing could have been devastating.

Seen this shit happen in the 3rd World with much, much smaller and less complex economies, but the fundamentals are the same.......

one scenario, similar to what happened in East Asia, Russia in the late 90's, which dominoed into South America...

The trouble is that because of its large current-account deficit America is heavily reliant on foreign funding. It has the advantage that the dollar is the world’s reserve currency, and as the financial turmoil has spread the dollar has strengthened. But today’s crisis is also testing many of the foundations on which foreigners’ faith in the dollar is based, such as limited government and stable capital markets. If foreigners ever flee the dollar, America will face the twin nightmares that haunt emerging countries in a financial collapse: simultaneous banking and currency crises. America’s debts, unlike those in many emerging economies, are denominated in its own currency, but a collapse of the dollar would still be a catastrophe.

Are Republicans Getting Dumber???

....Or at least more anti-intellectual as David Brooks argues in the NYT.

[O]ver the past few decades, the Republican Party has driven away people who live in cities, in highly educated regions and on the coasts. This expulsion has had many causes. But the big one is this: Republican political tacticians decided to mobilize their coalition with a form of social class warfare. Democrats kept nominating coastal pointy-heads like Michael Dukakis so Republicans attacked coastal pointy-heads.

What had been a disdain for liberal intellectuals slipped into a disdain for the educated class as a whole.

Republicans developed their own leadership style. If Democratic leaders prized deliberation and self-examination, then Republicans would govern from the gut.

Ultimately, this has meant that the more educated sections of society have been staying away from the Republican party:

The political effects of this trend have been obvious. Republicans have alienated the highly educated regions — Silicon Valley, northern Virginia, the suburbs outside of New York, Philadelphia, Chicago and Raleigh-Durham. The West Coast and the Northeast are mostly gone.

Questioning Colombian Hostage Liberation.....As if...

Talk about trying very hard to rain on a parade..

Some on the very goofy left - including the usual Chavistas and FARC fellow travellers, are now claiming that the helicopter rescue of hostages was in fact "staged", that a ransom was paid...

it's clear that the official story has begun to unravel and will require some serious PR airbrushing to keep from falling apart altogether. It's looking more and more like the whole farce was concocted by Uribe

The "evidence"??? Well mostly FARC's own claim that Cesar (hostage "security" guy) was bribed with $20 million bucks. Not quite the Secretariat getting millions for their 4 most valuable and high profile hostage.

YOU GOTTA BE KIDDING ME....

EVEN IF..Cesar was FLIPPED for $20,000,000.00 chalk one up for Colombian intelligence. For the price of roughly 3 military choppers, military intelligence was able to reach the very security chief for the FARC's high-value hostages and get him to turn on his comrades. Not to mention get him to go to the landing zone with the hostages, surrounded by literally hundreds of men who would kill him and the captives without hesitation should news of his defection leak out.
that is...unless the Colombians also bribed just about every FARC fighter in the immediate vicinity of the pickup point.

At the very least there were a heck of a lot of fooled FARC fighters around that helicopter.

So basically the spin from these idiots at best shows that Colombia's intelligence and special operations personel penetrated a notoriously tight terrorist organization and bribed a top operative to betray the organization and release its most valuable and protected hostages. And mounted a succesful rescue mission that publically humiliated the terrorists.

Seems like a bigtime success..

Some people are just sore losers.

Bolivian Oil & Gas Companies / Professionals migrating to Peru

The Morales governments nationalization process - rather a reversion to majority government control of oil and gas companies has resulted in a precipitous drop in investment and production in Bolivia's once booming gas sector. Neighbor Peru has been agressively courting international partners to boost its own fledgling gas sector based around the Camisea gas fields. With much less than half of Bolivia's gas reserves it has attracted US $3 billion dollars in investment for exploration and production in hydrocarbons a staggering 10 times the $300 million for Bolivia this year.

And another effect has been a brain drain of Bolivian oil and gas professionals, skilled workers and managers to Peru where their expertise is valued highly. La Razon quotes one expert who estimates 800 top industry professionals moving to Peru to take on top managerial and technical positions. In addition, other workers have gone to Peru as employees of multinationals like Respsol YPF.

If that were not enough, several of the most experienced Bolivian companies, like Serpetbol which has have taken up shop in Peru's gas fields. That company billed nearly $60 million dollars in Peru, and employs 1000 workers.

What this exodus of experienced professionals and companies shows is Bolivia's current governments complete mismanagement of its oil and gas sector. Chasing away investors, hurts the entire national hydrocarbons industry, which includes the valuable human capital and 100 percent Bolivian service companies.
All the more glaring due to the enormous boom in price, which allows Peru to pulls in Billions of investments - as well as Bolivian expertise for much less gas than Bolivia has. Bolivia should have billions in investments, a vibrant national industry, operting at higher production levels. After nearly 3 years of Evo, it can not even comply with its Argentina and Brazil contracts. Promised Venezuelan/Russian/Iranian "investments" are more media events. I would be there are more Bolivians working in exploration in Peru, than there are Venezuelans doing the same in Bolivia.

DAYUM!!!: BETANCOURT ....US HOSTAGES FREED

way hot off the presses. The FARC's biggest captives were apparently freed in one major millitary operation - if this is for real, it will go on record as being one of the most impressive hostage rescues in history. These people were seized and held by some of the most ruthless, sophisticated, well-armed, kidnappers ever seen.

this will be a deathblow to the FARC. They just lost their best negotiating chips.

By FRANK BAJAK, Associated Press Writer 17 minutes ago

BOGOTA, Colombia - Colombian spies tricked leftist rebels into handing over kidnapped presidential candidate Ingrid Betancourt and three U.S. military contractors Wednesday in a daring helicopter rescue so successful that not a single shot was fired.
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Betancourt, who was seized on the campaign trail six long years ago, appeared thin but healthy as she strode down the stairs of a military plane and held her mother in a long embrace.

"Thank you for your impeccable operation," she told top military commanders. "The operation was perfect."

Eleven Colombian police and soldiers were also freed in the rescue, the most serious blow ever dealt to the 44-year-old Revolutionary Armed Forces of Colombia, which considered the four hostages their most valuable bargaining chips. The FARC is already reeling from the deaths of key commanders a

nd the loss of much of the territory it once held.

Cuba: Has Castro Educated His People??

Education and The Cuban Revolution, educational paradise? Fraud?

First of all, well before Castro, Cuba had one of the most educated populations in Latin America at all levels, with literacy numbers at 1st world levels.

So Castro was hardly starting w/a population of illiterates. And thanks to his exiling a sizeable percentage of the population he has had a smaller number of kids to educate, (think in terms of freeing up resources - #'s of classrooms, teachers, budget per pupil)

That being said, what credit he is due, is in improving the education of the small percentage of the rural and urban poor who traditionally had little access to education.
And in a larger sense, increasing the quality and intensity of the education available to most Cubans. Ideology aside, there is something worth studying about how Cuba has managed to produce the numbers of university grads in technical fields it has produced. Students whose preparation in key subjects like math, started well in elementary schools. Their soviet-style sports and arts programs are first rate: Miami's Junior College chess team is tops in the US thanks to its Cubans. Listen to how well spoken "El Duque" Hernandez or other Cuban pro's are compared to other latin ballplayers.
And in general, their primary and secondary schools seem to do a pretty good job. I talk a lot to everyday Cubans educated on the island, some very recent arrivals. From kids to professors, they all come out with a high level of education, extremely well spoken, impecable Spanish grammar.

Then again all these achievements are wasted, due to the inherently irrational and perverse nature of Socialism/Collectivism. Castro educates his population, produces a huge number of professionals in valuable professions. But then your system underpays this valuable human capital. To the point where women doctors would rather prostitute themselves, engineers drive cabs, and technicians take a flimsy raft to Florida. All this human capital, leaves or produces little on the island. Joins the millions of Cubans - valuable human capital - who have added Billions to the US economy.

That is called stupid.

Nicaragua: Ortega Trashes Opposition Parties

Ortega has succesfully managed to ban the Renovacion Sandinista party and the traditional Conservative Party. This is such a blatantly politicized move that even hard left apologists like Noam Chomsky and Eduardo Galeano have signed a petition asking for a political solution.

Ortega is acting like the other Chavista morons (i.e. Evo), bending procedural rules to the max in order to centralize power in himself, and trashing independent institutions and procedures. As Marcela Sanchez quoting Mundo Jarquin: , "Ortega is manipulating electoral and judicial powers to establish "an institutional dictatorship,"

The radical left does not believe in concepts like separation of powers, checks and balances and decentralized decision-making, in other words things that make for sucessfull representative democracy.

On a separate note. How come a lot of press do not refer to Ortega as a former dictator? Dude was a Communist thug, who ran a pro-Soviet regime during the Cold War. No one elected him as part of that "junta", and he "won" an election, while his Marxist-Leninist party exercised dictatorial control over all branches of government, media, the economy, the army, police, all the way down to neighborhood thugs and snitches who controlled the issuance of basic food rations.

Standard issue corruption is actually an improvement.



Tip Of The Hat to
Boz

USA Network

Quality TV is not an oxymoron.

Got done watching back to back episodes of Law and Order Criminal Intent, and In Plain Sight. Talk about two hours of solid drama. Am already addicted to Burn Notice and throw in Monk, and USA Network have got some winners.

Boli For Barack

First time i saw the guy was at a small event in Chicago when he was running against Bobby Rush. Since then followed him in IL State Senate and his election campaign for Senate in 04.

Veteran of Chicago Dem politics, staying on message while being tough. That is grad school in hardball politics for anyone.

Illinois State Senate has Chicago hardball players, Suburban Reps, Farmbelt & rural reps, Small City machine politicians, just a mishmash of different interests of a big state. Obama did a good job of getting it done for his district, and a reputation for being practical reaching across the aisle to people not only from other parties, but crossing the Chicago/Downstate divide. And he was known as a serious student of policy.

In his run for Senate, he won a very tough Democratic primary, getting votes from Downstate Illinois small town and rural voters - in areas that are close to the Mason Dixie line. He did very well in the central farm area that is midwestern as can be. He also did really well in the Conservative Western suburbs.

Basically, he is a really charismatic guy, who has a good feel on the American public, in seeing the similarities that cut across race, regional, and class - despite the problems in his campaign recently.

He is smart as hell, and can look at issues from different perspectives. But he is absolutely not a wimp, won't give up anything without getting some payback. that is Chicago-style.

He is not a knee-jerk liberal. You don't survive in Chicago and Illinois without dealing w Fortune 500 CEO's and small business alike.

He is as well prepared to actually lead and motivate Americans as anyone I have seen. And he surrounds (and will surround)himself w/both fresh faces and those w/experience. And that is the main point, he can put in place the people who can effect "change". At the very least change from the legions of Republican hacks that enabled Bush as he invaded the wrong country and did nothing while the gulf coast and New Orleans swamped. McCain is going to end up relying on these characters. No thanks

Tip Of The Hat to