Tidbit Of The Day

Stuart Hamblen’s  song “This Ole House” was inspired by a lonely shack he found while hunting in the mountains. Inside was the corpse of an elderly man guarded by a starving dog.

Hunting with Hamblen was his friend John Wayne.

Cryptowit

By William W. Lawrence Sr

Li srpc ievrw lmw jviihsq erh ibmwxirgi als hempc gsruyivw xliq eria.

Nslerr Aspjkerk zsr Ksixli 
Answer to yesterday’s puzzle: The first step to getting the things you want out of life is this: Decide what you want.
Ben Stein

Economic News Of The Day

Half of the nation’s 40 biggest publicly traded corporate spenders have announced plans to curtail capital expenditures reports the Wall Street Journal.

“Shadow banking” which can be defined as any “levered up non-bank investment conduits, vehicles and structures” has reached a record high of $67 trillion globally, reports CNBC.
If the definition doesn’t work for you, examples would be hedge funds, private equity companies, money-market funds and cash-rich organizations that lend government bonds for banks.
Shadow banking is largely unregulated and CNBC is naturally calling for more regulation of it. What CNBC et al fails to comprehend is that all “money” basically is, is a communication tool and hence is as hard to regulate as any word or idea. If the word “dollar” loses its meaning it will be replaced by other words such as “yuan” or “yen”. There will be suffering but it won’t be the wealthy, healthy and able doing it.

Tidbit Of The Day

Road projects in Iceland are often re-routed due to concerns about elves.

Hat tip Cracked (and the New York Times).

Thoughts On Secession

Barack Obama may be the most divisive president since Lincoln, yet has neither his intelligence, moral character, work ethic nor his willingness to bend over backwards to find common ground with his opponents.

So movements have begun in various red states calling for secession from the Union. Pretty much a joke, right?
Well the media outlets now are writing hand-wringing articles saying what a disaster it would be for the red states which is not what one does when one is laughing.
The rebuttal to such claims is that   relatively small nations do just fine and that places like Qatar, Norway and Switzerland are as rich or richer than we are. 
It is worth considering how much better off we Pennsylvanians with our new found natural gas bounty would be without the debt-laden millstones of New York and California.
Just sayin’

Cryptowit

By William W. Lawrence Sr

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Knw Bcnrw
 
Answer to yesterday’s puzzle: Listen, my son, to your father’s instruction and do not forsake your mother’s teaching.
Proverbs

Cryptowit

By William W. Lawrence Sr

Pmwxir, qc wsr, xs csyv jexliv’w mrwxvygxmsr erh hs rsx jsvweoi csyv qsxliv’w xieglmrk.
Tvszivfw 
Answer to yesterday’s puzzle: One of the penalties for refusing to participate in politics is that you end up being governed by your inferiors. 
Plato 

Tidbit Of The Day

Franz Kafka invented the hard hat.

At least Peter Drucker says he did.

Social Change Starts With Education

 Courtesy of  John McGrane

I have heard that as much as 90% of the professors in our universities vote as Democrats.

They, of course, brainwash our children to think in the liberal manner.

Imagine if the ratio were shifted to, say, 60% Democrat! Better yet, 50-50!

How to get academia to hire more profs to tell “the other side of the story?”

It would take a grass-roots movement (Fox? Rush?) to purge academia, in which Dad and Mom would press the issue of “Balance in Education.” It’s usually the parents who pay the eductaion bills, so they should be concerned. In fact, there have been signs recently of parents looking for ways to maximize their college investments by negotiating with second-choice schools. Why not demand to know the “political environment and policies” of schools?

The purge could even find its way into high schools!

Think about what it would be like if our younger voters were not so religiously liberal. (Example: Hollywood, which targets everything to the 17 – 25 year-old market, would have to alter story plots to reflect their audiences’ tastes. Maybe now and then the bad guy wouldn’t be a bald, old white man. Maybe movies would even stop blaming America for every problem in the world!)

This would be a change we could really use.

Cryptowit

By William W. Lawrence Sr

Qpg qh vjg rgpcnvkgu hqt tghwukpi vq rctvkekrcvg kp rqnkvkeu ku vjcv aqw gpf wr dgkpi iqxgtpgf da aqwt kphgtkqtu. 
Rncvq 
Answer to yesterday’s puzzle: A ship is safe in harbor, but that’s not what ships are for.” 
― William G.T. Shedd