• Pinboard Links,  The Morning Flap

    The Morning Flap: March 12, 2012

    A Newt Ginrich – Rick Perry GOP Ticket?

    These are my links for March 9th through March 12th:

  • Pinboard Links,  The Morning Flap

    The Morning Flap: March 6, 2012

    These are my links for March 2nd through March 6th:

  • Pinboard Links,  The Morning Flap

    The Morning Flap: February 6, 2012

    Visit msnbc.com for breaking news, world news, and news about the economy

    These are my links for February 3rd through February 6th:

    Many Democrats have high hopes for the Southwest in Election 2012 and some even think that President Obama even has a decent shot to move Arizona from Republican to Democrat in the Electoral College column this November. However, the president may have an uphill fight to achieve that goal as most voters in the Grand Canyon State disapprove of the way he’s done his job.

    A new Rasmussen Reports telephone poll found that just 41% of Likely Voters in Arizona approve of the way President Obama has performed his role. Fifty-six percent (56%) disapprove. Those figures are significantly lower than the president’s national ratings. They include 28% who Strongly Approve and 48% who Strongly Disapprove.

  • Polling,  Unemployment Rate

    Poll Watch: U.S. Unemployment Rises to 8.6 Per Cent

    According to the latest Gallup Poll.

    U.S. unemployment, as measured by Gallup without seasonal adjustment, increased slightly to 8.6% in January from 8.5% in December, but was down from 9.9% in January a year ago.

    And underemployment surged:

    Underemployment, a measure that combines the percentage of workers who are unemployed with the percentage working part time but wanting full-time work, surged to 18.7% in January. This is a worsening from the 18.3% of December but is still below the 19.0% of a year ago

    Well, there has been a deterioration and not any dramatic improvement since the first of the year.

    What does this mean?

    No bragging rights for the Obama Administration that the economy,including unemployment is making a dramatic recovery, but no doom and gloom about accelerating unemployment either.

    Stay tuned as the government will release probably improving numbers tomorrow.

  • Pinboard Links,  The Morning Flap

    The Morning Flap: February 2, 2012

    These are my links for February 1st through February 2nd:

    • In Bad Break for Romney, He Wins Trump’s Endorsement – A portion of today’s Morning Jolt covers the reports last night that Donald Trump would endorse Newt Gingrich for president. Moments ago, news broke that Trump would endorse Romney.

      Sigh.

    • 2012 Michigan Republican Primary – Romney 38%, Gingrich 23%, Santorum 17%, Paul 14% – Mitt Romney, coming off his big win in the Florida Primary on Tuesday, is the clear front-runner in the first Rasmussen Reports telephone survey of the Republican presidential race in his home state of Michigan. Voters in this hard hit state see Romney as the much better choice to manage the economy. The Michigan Republican Primary is on February 28.

      Romney earns 38% support from Likely Republican Primary Voters in Michigan, with former House Speaker Newt Gingrich a distant second with 23% of the vote. Seventeen percent (17%) prefer former U.S. Senator Rick Santorum, and nearly as many (14%) favor Texas Congressman Ron Paul. One percent (1%) like some other candidate in the race, and six percent (6%) are undecided

    • Coulter’s shameful defense of Romneycare – Ann Coulter’s support for Mitt Romney entered a new stage today with a column offering an all out embrace of Romneycare. In the process, she insults the intelligence of conservative critics of the law and doesn’t address their actual arguments against it.

      Her first defense of the law is to name other conservatives who supported it at the time. So what? Many of us were opposed to it all along. For instance, in August 2006, before Barack Obama even announced he was seeking the presidency, I fretted that Romney’s support for universal health care made him the natural heir to President Bush’s big government “compassionate conservatism.” In July 2007, I wrote that, “It is hard to imagine anything representing a greater affront to conservative principles than using government to coerce private citizens into purchasing healthcare.” David Hogberg was another early critic, among many others.

    • Have Democrats Succeeded in Pre-Destroying Romney? – – Tuesday’s installment of the left’s crusade to destroy Mitt Romney began like this: an operator chirping, “I’d like to welcome you today to the Mitt Romney Would Destroy Social Security and Medicare Conference Call.”

      A few moments later, Congresswoman Debbie Wasserman Schultz, the chairwoman of the Democratic National Committee, was on the line. “Thanks, everybody, for joining the call today,” she began. Within minutes, she had accused Romney of “political pandering,” supporting “the extreme tea party agenda,” and lying to senior citizens, Hispanics and supporters of the space program.

      Just another day in the life of the vast left-wing conspiracy.

      Practically every day for months, Democrats and their allies have been hammering Romney like this. Unions, party committees at the national and state levels, independent groups such as American Bridge and Americans United for Change, and the Obama campaign itself have undertaken an unprecedented effort to tarnish the front-runner while virtually ignoring the rest of the GOP candidates. And it appears to be working.

      Even as he finds increasing success in the Republican primary, negative views of Romney have skyrocketed, particularly among independents, according to recent polls. An ABC News/Washington Post survey released last week, for example, found Romney viewed unfavorably by 49 percent of voters and favorably by just 31 percent. Among independents, just 23 percent viewed Romney favorably, compared to 51 percent who felt that way about President Obama.

      One emerging strain of the conventional wisdom holds that it’s the harsh attacks on Romney from Newt Gingrich — and blowback from Romney’s own brutally negative campaign — that’s causing this to happen. Democrats have been pushing this line, in fact, arguing that Romney is winning at a steep cost and will limp into the general election bruised beyond repair.

    • The National Review’s Candidate Won’t Stop Digging – It is days like today that make me thankful I think they all suck. At least I’m thankful I’m in the firmly not Romney camp.

      Having told us only Romney was viable (with half-nods to Huntsman and Santorum) and having trotted out Elliot Abrams to smear Newt Gingrich with out of context quotes, even National Review is having trouble defending their candidate today.

      This morning Mitt Romney said he wasn’t concerned about the poor. The poor, after all, have food stamps and Medicaid. But don’t worry. If the safety net is broken, Patrician Mitt Romney will fix it so the poor can stay comfortably poor. After all, just look what he did in Massachusetts. The poor can now wait 44 days to get in to see a doctor. Excelsior!

      After making sure we all understood the poor were for the Democrats to be worried about, Romney decided to keep digging his hole even bigger. By the end of the day, Jim DeMint had to rebuke him.

    • Flap’s Dentistry Blog: The Morning Drill: February 2, 2012 – The Morning Drill: February 2, 2012
    • Romney derangement syndrome (on the right) – So what gives? Perhaps it is frustration, especially among talk-show hosts, at not being able to derail Romney. Maybe some shrill bloggers understand that Romney threatens to prove that they are less in tune with Republicans than the “squishy” Republican candidates and officeholders. And maybe conservative political journalists have more in common with their mainstream counterparts than they’d like to admit — a suspicion of wealth, ignorance of the business world and a fixation on the candidates’ interaction with them. After all, Romney never really courted and flattered conservative pundits the way Newt Gingrich did (especially by bashing the mainstream media competition).

      None of this is to say there isn’t strong and valid opposition to Romney in the conservative press. (Michelle Malkin, who recently endorsed Santorum, and staunch critics of Romneycare certainly fit this description.) But it’s hard to ignore the conclusion that for some in the conservative press there is an element of anti-Romney animosity that is not quite grounded in reason or ideological consistency — it is personal. And other than Romney’s being “handsome, rich and successful,” as Kathleen put it, it’s really hard to fathom where it comes from.

    • Day By Day February 2, 2012 – Share the Wealth | Flap’s Blog – FullosseousFlap’s Dental Blog – Day By Day February 2, 2012 – Share the Wealth
    • Romney Poised for Blowout Win in Nevada – A new Las Vegas Review-Journal poll in Nevada finds Mitt Romney leading the GOP presidential race with 45%, followed by Newt Gingrich at 25%, Rick Santorum at 11% and Ron Paul at 9%.

      However, Carl Bunce, the Nevada chairman of the Paul campaign, “dismissed the poll results, saying most Paul supporters refuse to participate or lie in surveys because of a bad experience in Nevada four years ago. He said Sen. John McCain’s campaign did robocalls to identify Paul supporters and then sidelined them at the state party convention.”

    • GOP 12: Romney cruising in Nevada – RT @GOP12: Gingrich more than doubles Santorum in Nevada.
    • Report says Trump set to endorse Gingrich Thursday in Vegas – The Hill’s Blog Briefing Room – RT @thehill: Report claims Trump will endorse Gingrich #tcot #GOP2012
    • (404) http://t.co/y0 – RT @jimgeraghty: Great news, President Obama! Consumer confidence is almost back up to the Carter 1980, Bush 1992 levels! …
    • Romney poised to roll, poll shows – News – ReviewJournal.com – RT @jaketapper: NV poll – Romney 45, Gingrich 25, Santorum 11, Paul 9 >
    • (404) http://t.co/3PZC – RT @WestWingReport: Gallup: 44% approve of #Obama, 49% don’t (month ago 45-47); Avg. of all recent polls: 46.5%-47.9% ( …
    • @Flap Twitter Updates for 2012-02-02 | Flap’s Blog – FullosseousFlap’s Dental Blog – @Flap Twitter Updates for 2012-02-02
    • Panetta: U.S., NATO will seek to end Afghan combat mission next year – The United States and NATO will seek to end their combat mission in Afghanistan next year and shift to a role of providing support and training to Afghan security forces, Defense Secretary Leon E. Panetta said Wednesday.

      U.S. military commanders had said in recent weeks they would begin a transition this year toward taking more of an advisory role as Afghanistan’s national army and police take greater responsibility for fighting the insurgency. But Panetta’s remarks were the first time the Obama administration has said it could foresee an end to regular U.S. and NATO combat operations by the second half of next year.

    • Figures on government spending and debt – Figures on government spending and debt (last six digits are eliminated). The government’s fiscal year runs Oct. 1 through Sept. 30.
      Total public debt subject to limit Jan. 30 15,313,699
      Statutory debt limit 16,394,000
      Total public debt outstanding Jan. 30 15,356,140
      Operating balance Jan. 30 158,596
      Interest fiscal year 2012 through December 62,662
      Interest same period 2011 56,780
      Deficit fiscal year 2012 through December 321,735
      Deficit same period 2011 368,960
      Receipts fiscal year 2012 through December 555,437
      Receipts same period 2011 531,797
      Outlays fiscal year 2012 through December 877,173
      Outlays same period 2011 900,757
      Gold assets in January 11,041
    • San Onofre Nuclear Plant Closed After Radiation Leak – A small quantity of radioactive gas leaked inside one of the buildings at San Onofre nuclear power plant north of San Diego, according to a spokesman for the Nuclear Regulatory Commission.

      The spokesman said the radiation levels were “barely measurable,” but the plant was shut down as a precaution.

      “At no point were the public or our workers in any danger,” Southern California Edison spokesman Gil Alexander told ABC News.

      Officials say the radiation leak likely occurred in the steam generator tubes of San Onofre’s reactor #3. The steam system, which is supposed to be shielded from exposure to radiation, was replaced in December 2010. Alexander said plant officials will be conducting an investigation into why the new steam tubes leaked.

    • Cities with highest and lowest unemployment rates – Nearly 90 percent of major U.S. cities had lower unemployment rates in December than the same month a year earlier, a reflection of stronger hiring nationwide.
      The Labor Department said Wednesday that unemployment rates fell in 329 cities last year. They rose in 37 cities and were unchanged in seven.
      The national unemployment rate fell in December to 8.5 percent – the lowest level in nearly three years. Employers added 200,000 net jobs, the sixth straight month of solid hiring.
      Unemployment rates rose from November to December in a majority of U.S. cities. However monthly metro area unemployment data can be volatile because they aren’t adjusted for seasonal variations, such as holiday hiring.
      The government will report Friday on U.S. hiring and unemployment in January.
      Below are the cities with the highest and lowest rates:
      Best and Worst Metro areas
      Figures are in percentages
      Highest unemployment rates December 2011
      El Centro, Calif. 26.8
      Yuma, Ariz. 23.1
      Merced, Calif. 18.7
      Yuba City, Calif. 18.1
      Visalia-Porterville, Calif. 16.2
      Fresno, Calif. 16.2
      Modesto, Calif. 16.1
      Stockton, Calif. 15.9
      Hanford-Corcoran, Calif. 15.3
      Ocean City, N.J. 15.1
      Lowest unemployment rates December 2011
      Bismarck, N.D. 3.2
      Lincoln, Neb. 3.6
      Fargo, N.D. 3.7
      Burlington, Vt. 3.8
      Logan, Utah 3.9
      Midland, Texas 3.9
      Houma-Bayou Cane-Thibodaux, La. 4.3
      Sioux Falls, S.D. 4.3
      Ames, Iowa 4.3
      Iowa City, Iowa 4.3
    • Mark Levin’s rebuttal of Ann Coulter’s “Three Cheers for RomneyCare” article » The Right Scoop – – RT @trscoop: Mark Levin’s rebuttal of Ann Coulter’s “Three Cheers for RomneyCare” article: #tcot
    • Capitol Alert: Tobacco tax backers launch campaign with swipe at opponents – RT @CapitolAlert: Tobacco tax backers launch campaign with swipe at opponents
    • Hub’s Kelly Evans Exits WSJ For CNBC – Deadline.com – Good Luck Kelly! LRT @NikkiFinke: Report: Kelly Evans Exits Wall Street Journal For CNBC
    • Ann Coulter – February 1, 2012 – THREE CHEERS FOR ROMNEYCARE! – RT @philipaklein: Coulter goes all in defending Romneycare, doesnt even address actual conservative objections
    • President 2012 GOP Poll Watch: Romney Regains the National Poll Lead from Gingrich | Flap’s Blog – FullosseousFlap’s Dental Blog – President 2012 GOP Poll Watch: Romney Regains the National Poll Lead from Gingrich
    • Defense Industry Helping McKeon’s Wife’s Campaign – Influence Alley – How about bought and paid for | RT @nationaljournal: Defense Industry Helping Rep. McKeon’s Wife’s Campaign —
    • Romney supports automatic hikes in minimum wage – seattlepi.com – REAL CONSERVATIVE Mitt Romney supports automatic hikes in minimum wage #tcot
    • Romney supports automatic hikes in minimum wage – epublican presidential contender Mitt Romney renewed his support Wednesday for automatic increases in the federal minimum wage to keep pace with inflation, a position sharply at odds with traditional GOP business allies, conservatives and the party’s senior lawmakers.

      “I haven’t changed my thoughts on that,” the former Massachusetts governor told reporters aboard his chartered campaign plane, referring to a stand he has held for a decade.

      He did not say if he would ask Congress to approve the change if he wins the White House this fall.

      Congress first enacted federal minimum wage legislation in 1938 and has raised it sporadically in the years since. The last increase, approved in 2007, took effect in three installments and reached $7.25 an hour for covered workers effective July 24, 2009.

      It has never been allowed to rise automatically, as Romney envisions.

    • Capitol Alert: Fundraising totals for hot California legislative contests – Fundraising totals for hot California legislative contests
    • McCaskill numbers down – Public Policy Polling – Say Good Bye Claire | RT @ppppolls: Claire McCaskill is tied with all 3 of her potential Republican opponents at 43%:
    • Obama pushes plan to help homeowners with underwater mortgages – President Obama on Wednesday announced a string of proposals aimed at helping to rejuvenate the sagging housing market, including one plan that would allow responsible homeowners to take advantage of historically low interest rates.

      As the housing market enters its fourth year of high foreclosures and sluggish sales, the president said his proposal — targeted at the middle class — would help homeowners save about $3,000 a year, without “red tape” or a “runaround” from banks.

    • Theodore Olson: Obama’s Enemies List – How would you feel if aides to the president of the United States singled you out by name for attack, and if you were featured prominently in the president’s re-election campaign as an enemy of the people?

      What would you do if the White House engaged in derogatory speculative innuendo about the integrity of your tax returns? Suppose also that the president’s surrogates and allies in the media regularly attacked you, sullied your reputation and questioned your integrity. On top of all of that, what if a leading member of the president’s party in Congress demanded your appearance before a congressional committee this week so that you could be interrogated about the Keystone XL oil pipeline project in which you have repeatedly—and accurately—stated that you have no involvement?

      Consider that all this is happening because you have been selected as an attractive political punching bag by the president’s re-election team. This is precisely what has happened to Charles and David Koch, even though they are private citizens, and neither is a candidate for the president’s or anyone else’s office.

    • Gingrich 2012? Going, Going, Gone – Last week, New York magazine’s John Heilemann pointed out a deep truth about Newt Gingrich’s peculiar presidential campaign: The very media elite that Gingrich delights in hammering has actually been in his corner all along. The press likes a horse race; the press likes outsize personalities; the press favors an underdog; and the press even takes a strange sort of delight in being ruthlessly attacked.

      Of course most political reporters don’t want Gingrich in the White House. But they’ve had every incentive to keep him in the headlines and overrate his odds of defeating Mitt Romney for the nomination.

      Tuesday night’s Floridian drubbing won’t change those incentives, so we can expect a last burst of media chatter about how Gingrich could still recover, ride a wilderness campaign to a Super Tuesday comeback and fight Romney tooth and nail all the way to the convention. But chatter is all it will be. For Gingrich and his media enablers alike, the dream died in Florida – and here are four reasons why.

      If Gingrich can’t compete in Florida, he can’t compete nationally.

    • Komen breast cancer charity severs ties with Planned Parenthood – latimes.com – Susan G. Komen for the Cure says it will stop funding Planned Parenthood centers
    • Koch group quietly met in Indian Wells | The Desert Sun | MyDesert.com – Koch group quietly met in Indian Wells
    • U.S. Job Creation Best Since September 2008 – Poll Watch: U.S. Job Creation Best Since September 2008: via
    • The Morning Flap: February 1, 2012 | Flap’s Blog – FullosseousFlap’s Dental Blog – The Morning Flap: February 1, 2012
  • Pinboard Links,  The Morning Flap

    The Morning Flap: January 11, 2012

    These are my links for January 5th through January 11th:

    • Rush Loves Mitt; Hates Newt – Master-talk-master continues finger on the scale for frontrunner on Wednesday’s show.

      Praises the Bay Stater: “Romney gave what may be his best speech ever last night.”

      And/but: El Rushbo bashes Romney — GM/Obama comparison from CBS “This Morning” Wednesday interview.

      Pans Gingrich: “Newt is so ticked off over the negative ad campaign…that right now, he is solely focused on taking Romney out, making sure Romney doesn’t win this thing.”

    • Gregory Flap Cole – Google+ – Iran: What me worry?

      From Michael Ramirez…… – Iran: What me worry?

      From Michael Ramirez……Michael Ramirez Cartoon

    • Savings from ‘3 strikes’ reform may be smaller than claimed | California Watch – Savings from California ‘3 strikes’ reform may be smaller than claimed
    • Flap’s California Morning Collection: January 11, 2012 » Flap’s California Blog – Flap’s California Morning Collection: January 11, 2012
    • Will Mindful Eating Help Curb Obesity? | Smiles For A Lifetime – Temporary (Locum Tenens) Dentistry – Will Mindful Eating Help Curb Obesity?
    • Journalists’ campaign trail secrets revealed – The Washington Post – Journalists’ campaign-trail secrets revealed
    • The Bain Capital Bonfire – About the best that can be said about the Republican attacks on Mitt Romney’s record at Bain Capital is that President Obama is going to do the same thing eventually, so GOP primary voters might as well know what’s coming. Yet that hardly absolves Newt Gingrich, Rick Perry and others for their crude and damaging caricatures of modern business and capitalism.

      Bain’s business model is little more than “rich people figuring out clever legal ways to loot a company,” says Mr. Gingrich, whose previous insights into free enterprise include years of defending the taxpayer-fed business of corn ethanol.

      A super PAC supporting the former House Speaker plans to spend $3.4 million in TV ads in South Carolina portraying Mr. Romney as Gordon Gekko without the social conscience. The financing for these ads will come from a billionaire who made his money in the casino business, which Mr. Gingrich apparently considers morally superior to investing in companies in the hope of making a profit.

      Mr. Perry, who has no problem using taxpayer financing to back his political allies in Texas, chimes in that “I have no doubt that Mitt Romney was worried about pink slips, whether he was going to have enough of them to hand out. Because his company Bain Capital, with all the jobs that they killed, I’m sure he was worried he’d run out of pink slips.”

    • President 2012: Conservatives Scrambling to Block Romney | Flap’s Blog – FullosseousFlap’s Dental Blog – President 2012: Conservatives Scrambling to Block Romney
    • (500) http://flapsblog.com/2012/01/11/day-by-day-janaury-11-2012-reality-show/ – Day By Day Janaury 11, 2012 – Reality Show
    • Riehl World View: Romney Has Lied, Maligned And Danced Away For Years, It’s Time He Paid For It – GOP will pay | RT @DanRiehl Romney Has Lied, Maligned And Danced Away For Years, It’s Time He Paid For It
    • (404) http://t.co/DqN – RT @jpodhoretz: Romney may win the easiest nomination victory ever–even though he’s as weak a candidate as we’ve seen: …
    • In Florida, Obama Trails Mitt By 3, Leads Rick By 2 – By Jim Geraghty – The Campaign Spot – National Review Online – Closer than you would expect RT @jimgeraghty In Florida, Obama Trails Mitt By 3, Leads Rick By 2 #tcot
    • @Flap Twitter Updates for 2012-01-11 | Flap’s Blog – FullosseousFlap’s Dental Blog – @Flap Twitter Updates for 2012-01-11
    • Log In – The New York Times – Log In – The New York Times
    • Log In – The New York Times – Log In – The New York Times
    • Log In – The New York Times – As Romney Advances, Private Equity Becomes Part of the Debate
    • As Romney Advances, Private Equity Becomes Part of the Debate – A working paper released in September shows that private equity-owned companies shed slightly more jobs than similar companies, though the difference was quite small. In total, they shed about 1 percent more jobs.

      The study — by Steven J. Davis of the University of Chicago; John C. Haltiwanger of the University of Maryland; Josh Lerner of Harvard, and Ron S. Jarmin and Javier Miranda of the Census Bureau — looked at about 3,200 buyouts conducted between 1980 and 2005.

      It found that companies bought by private equity firms let go a larger proportion of workers than similar firms, shrinking their work forces about 6 percent more over a five-year window. But companies bought by private equity firms also tend to open more new branches, offices and factories and hire more new staff members, partly offsetting the job losses.

      Some economists also argue that private equity takeovers make good economic sense in the long term, even if they result in more layoffs in the short term, by making companies more efficient.

    • Gingrich’s Own Close Tie to Buyout Industry – Newt Gingrich has ramped up his attacks on Mitt Romney as a heartless leveraged buyout executive for his years at Bain Capital, asking reporters in Manchester on Monday, “Is capitalism really about the ability of a handful of rich people to manipulate the lives of thousands of other people and walk off with the money? Or is that, somehow, a little bit of a flawed system?”

      But Mr. Gingrich was himself on an advisory board for a major investment firm that had a similar business model, Forstmann Little, a pioneering private equity firm co-founded in 1978 by Theodore J. Forstmann that was, along with Mr. Romney’s Bain Capital and Henry R. Kravis’s Kohlberg Kravis & Roberts, among the leading private equity firms during the 1980s and 1990s.

      Forstmann Little earned billions of dollars in profits from its investments in companies including General Instrument and Gulfstream Aerospace. But the firm shut down most of its operations a decade ago after suffering losses from ill-timed bets on high-flying telecommunications companies at the height of that industry’s bubble.

      Mr. Gingrich’s involvement with the firm could complicate his attacks on Mr. Romney.

      Still, to be fair, Mr. Forstman bristled at some of the more aggressive tactics of his rivals, and once described them as “barbarians at the gate.” That phrase was used as the title of a bestselling book that detailed Mr. Forstmann’s buyout battle with Mr. Kravis for RJR Nabisco, a contest K.K.R. eventually won.

    • President 2012: Mitt Romney Wins New Hampshire But…. | Flap’s Blog – FullosseousFlap’s Dental Blog – President 2012: Mitt Romney Wins New Hampshire But….
    • Film Attacking Romney Leaked Early – Film Attacking Romney Leaked Early – 0n to South Carolina #tcot
    • (500) http://flapsblog.com/?s=Romney+and+Kennedy&utm_source=twitterfeed&utm_medium=twitter – Romney And Kennedy | Flap’s Blog – FullosseousFlap’s Dental Blog:

      Annotations:

    • (500) http://flapsblog.com/2012/01/10/president-2012-when-mitt-romney-came-to-town-or-will-come-crashing-down/ – President 2012: When Mitt Romney Came to Town or Will Come Crashing Down?
    • The Wait Is Over: All Time Warner Cable Customers With HBO Can Now Use HBO GO/MAX GO « Time Warner Cable Untangled – RT @jeffTWC: The Wait Is Over: All Time Warner Cable Customers Can Now Use HBO GO/MAX GO – (Please RT)
    • CA-26: Rep Elton Gallegly to Retire – Tony Strickland, Steve Bennett and Linda Parks to Run | Flap’s Blog – FullosseousFlap’s Dental Blog – CA-26: Rep Elton Gallegly to Retire – Tony Strickland, Steve Bennett and Linda Parks to Run
    • Day By Day January 10, 2012 – Horse | Flap’s Blog – FullosseousFlap’s Dental Blog – Day By Day January 10, 2012 – Horse
    • @Flap Twitter Updates for 2012-01-10 | Flap’s Blog – FullosseousFlap’s Dental Blog – @Flap Twitter Updates for 2012-01-10
    • @Flap Twitter Updates for 2012-01-09 | Flap’s Blog – FullosseousFlap’s Dental Blog – @Flap Twitter Updates for 2012-01-09
    • @Flap Twitter Updates for 2012-01-08 | Flap’s Blog – FullosseousFlap’s Dental Blog – @Flap Twitter Updates for 2012-01-08
    • foursquare :: Gregory Flap @ Harrah’s Laughlin – Eating dinner and then football or poker. What debate? (@ Harrah’s Laughlin w/ 2 others)
    • foursquare :: Gregory Flap @ Arizona State line – On the way to Nevada! (@ Arizona State line)
    • @Flap Twitter Updates for 2012-01-07 | Flap’s Blog – FullosseousFlap’s Dental Blog – @Flap Twitter Updates for 2012-01-07
    • MapMyRUN – Map New Run – MapMyRUN – Map New Run:

      Annotations:

    • foursquare :: Gregory Flap @ Santa fe, NM – Leaving Santa Fe in the morning. Laughlin and poker here I come. (@ Santa fe, NM)
    • Unemployment Rate Drop Is for Real – now 8.5% – The U.S. unemployment rate dropped to 8.5% in December, while a broader measure dropped even further to 15.2% from 15.6% the prior month, both at their lowest levels since February 2009.

      While the unemployment rate has been falling in part due to people leaving the labor force, a large portion of this month’s number appears to come from people finding jobs.

      The unemployment rate is calculated based on people who are without jobs, who are available to work and who have actively sought work in the prior four weeks. The “actively looking for work” definition is fairly broad, including people who contacted an employer, employment agency, job center or friends; sent out resumes or filled out applications; or answered or placed ads, among other things. The rate is calculated by dividing that number by the total number of people in the labor force.

      In December, the household survey showed the number of people employed rose by 176,000, as the population increased by 143,000 over the month. So even though the labor force — the number of people working or looking for work — fell by 50,000, job growth is outpacing the increase in the population.

    • @Flap Twitter Updates for 2012-01-06 | Flap’s Blog – FullosseousFlap’s Dental Blog – @Flap Twitter Updates for 2012-01-06
    • Brown Seeks 7% California Spending Boost- Bloomberg – Brown Seeks 7% California Spending Boost
    • Brown Seeks 7% California Spending Boost – Governor Jerry Brown proposed $92.6 billion in spending for the year starting in July, an increase of about 7 percent, which will count on voters approving $7 billion of higher taxes in November.

      The spending plan foresees a deficit of $9.2 billion through the next 18 months. Almost half of that is in the current fiscal year, he said. He called for $4.2 billion in cuts, mostly to welfare and programs for the poor. If the tax increase isn’t passed, Brown’s plan would cut another $4.8 billion in support for public schools and community colleges.

      California is Standard & Poor’s lowest-rated state, at A-, six levels below AAA. Moody’s Investment Service grades it A1, four steps below the top rating, tied with Illinois (STOIL1) for the worst credit rating among states.

    • Small Business: Doctors going broke – Doctors in America are harboring an embarrassing secret: Many of them are going broke.

      This quiet reality, which is spreading nationwide, is claiming a wide range of casualties, including family physicians, cardiologists and oncologists.

      Industry watchers say the trend is worrisome. Half of all doctors in the nation operate a private practice. So if a cash crunch forces the death of an independent practice, it robs a community of a vital health care resource.

      “A lot of independent practices are starting to see serious financial issues,” said Marc Lion, CEO of Lion & Company CPAs, LLC, which advises independent doctor practices about their finances.

      Doctors list shrinking insurance reimbursements, changing regulations, rising business and drug costs among the factors preventing them from keeping their practices afloat. But some experts counter that doctors’ lack of business acumen is also to blame.

    • Employers close door on smokers – More job-seekers are facing an added requirement: no smoking — at work or anytime.

      As bans on smoking sweep the USA, an increasing number of employers — primarily hospitals — are also imposing bans on smokers. They won’t hire applicants whose urine tests positive for nicotine use, whether cigarettes, smokeless tobacco or even patches.

      Such tobacco-free hiring policies, designed to promote health and reduce insurance premiums, took effect this month at the Baylor Health Care System in Texas and will apply at the Hollywood Casino in Toledo, Ohio, when it opens this year.

    • New Pentagon strategy stresses Asia, cyber, drones – President Barack Obama unveiled a defense strategy on Thursday that would expand the U.S. military presence in Asia but shrink the overall size of the force as the Pentagon seeks to reduce spending by nearly half a trillion dollars after a decade of war.

      The strategy, if carried out, would significantly reshape the world’s largest military from the one that executed President George W. Bush’s “war on terrorism” in Iraq and Afghanistan.

      Cyberwarfare and unmanned drones would continue to grow in priority, as would countering attempts by China and Iran to block U.S. power projection capabilities in areas like the South China Sea and the Strait of Hormuz.

      But the size of the U.S. Army and Marines Corps would shrink. So too might the U.S. nuclear arsenal and the U.S. military footprint in Europe.

    • Obama: the US can no longer fight the world’s battles – The mighty American military machine that has for so long secured the country’s status as the world’s only superpower will have to be drastically reduced, Barack Obama warned yesterday as he set out a radical but more modest new set of priorities for the Pentagon over the next decade.

      After the wars in Iraq and Afghanistan that defined the first decade of the 21st century, Mr Obama’s blueprint for the military’s future acknowledged that America will no longer have the resources to conduct two such major operations simultaneously.

      Instead, the US military will lose up to half a million troops and will focus on countering terrorism and meeting the new challenges of an emergent Asia dominated by China. America, the President said, was “turning the page on a decade of war” and now faced “a moment of transition”. The country’s armed forces would in future be leaner but, Mr Obama pointedly warned both friends and foes, sufficient to preserve US military superiority over any rival – “agile, flexible and ready for the full range of contingencies and threats”.

    • Mitt Romney’s the nominee: The Republican primary race is over. – Is there anyone not annoyed by Mitt Romney’s narrow win in the Iowa caucus? Conservatives are disappointed because they recognize that the former Massachusetts governor, who used to be pro-choice and was for Obamacare before it was called that, is only pretending to be one of them. Seventy-five percent of Iowa’s Republican voters wanted someone further to the right. But because their votes were divided among too many weak and weird candidates, the only moderate running in their state came out on top.

      Liberals are bummed because Romney is the strongest potential challenger to President Obama. This shows up clearly in head-to-head polls, which put Romney tied with or slightly ahead of Obama, while other Republican contenders trail by 10 points or more. It was hard for Obama campaign officials to suppress their glee last month when Newt Gingrich, the only even remotely plausible alternative to Romney, briefly ran at the head of the pack. But even they knew this was a momentary aberration. Short of Republicans committing collective suicide by picking someone else, Democrats would like to see Romney win the nomination after a protracted, costly struggle that would deplete his financial resources, sully his image, and drag him further to the right. Today, that scenario looks less likely.

    • Richard Cordray & the Use and Abuse of Executive Power – Some think me a zealous advocate of executive power, and often I am when it comes to national security issues. But I think President Obama has exceeded his powers by making a recess appointment for Richard Cordray (whom I respect and have no problems with as a nominee) to head the new Consumer Financial Protection Bureau. Any private party can challenge this nomination by refusing to obey any regulation issued by the agency as the act of an unconstitutional officer. As a result, this may be the first time that Richard Epstein and I get to represent someone in court together!
    • Day By Day January 4, 2012 – Bupkis | Flap’s Blog – FullosseousFlap’s Dental Blog – Day By Day January 4, 2012 – Bupkis
    • Obama Begins 2012 at 46% Job Approval – Obama Begins 2012 at 46% Job Approval
    • Obama Begins 2012 at 46% Job Approval – Obama Begins 2012 at 46% Job Approval
    • Obama Begins 2012 at 46% Job Approval – RT @gallupnews: Obama Begins 2012 at 46% Job Approval… #Obama #Gallup
    • foursquare :: Gregory Flap @ Alburquerque, NM – On to Santa Fe (@ Alburquerque, NM)
    • (500) http://flapsblog.com/2012/01/05/flap-twitter-updates-for-2012-01-05/ – @Flap Twitter Updates for 2012-01-05
    • foursquare :: Gregory Flap @ Grants – Albuquerque here we come (@ Grants)
  • Pinboard Links

    Flap’s Blog.Com Links and Comments for November 6th through November 7th

    These are my links for November 6th through November 7th:

     

    • Early Jobs Projections Could Haunt Obama in 2012 – A year out from Election Day: an eon in political time, sufficient to alter circumstances substantially for or against either party. But Friday’s tepid jobs report brings a fresh reminder of the stubborn difficulty President Obama and his team face in overcoming one of their most enduring mistakes, one made before he even took office.

      Ten days prior to Mr. Obama’s taking the oath of office in January 2009, his economic team released a report outlining the estimated benefits of the $775 billion stimulus plan he was seeking. The projections were quite specific. The stimulus legislation passed just a few weeks later at about the size the White House had sought. Had all gone as promised by the report, the unemployment rate right now would have been around 6.5 percent, heading down to around 6 percent by the end of this year and a little over 5 percent at the end of next year.

      The Labor Department announced Friday that the unemployment rate for October was 9 percent, down from 9.1 percent a month earlier, and that job growth for the month was just 80,000, nowhere near the rate necessary to drive joblessness toward anything like 6 percent. The Federal Reserve has already projected that the unemployment rate will be at least 8.5 percent at the end of next year, meaning the next presidential term would start with a higher rate than the 7.3 percent Mr. Obama inherited when he took office.

    • White House gets an earful from Latinos in Inland Empire – Obama administration officials ventured to the Inland Empire on Saturday for a policy summit with Latinos, getting an earful from residents stung by the region’s flattened economy and critical of Washington’s failure to reform the nation’s immigration system.

      The daylong meeting at UC Riverside, one of a series that have been held across the country, included free-flowing policy bull sessions and presentations by White House representatives touting President Obama’s proposed jobs bills and record on healthcare, education funding and immigration.

      The crowd filled a cavernous auditorium and included Latino activists, business owners, teachers and other residents — most of whom said they came to be heard rather than listen to speeches.

      The economic wounds from the recession remain raw in a region where fortunes plummeted with the crash of the housing market and construction industry. Once a haven for Latino immigrants looking for housing construction jobs, unemployment now hovers around 14% in San Bernardino County and 13% in Riverside County.

      “This just can’t be an exercise in politics. It can’t be, a region gets checked off and we move on,” said Paul Granillo, president of the Inland Empire Economic Partnership, a coalition of the region’s businesses, government and nonprofit groups. “The challenges that face us are severe.”

      Nationwide, the Latino unemployment rate is just over 13%, compared with the national average of about 9%. Nearly a quarter of the 51 million Latinos in the U.S. live in poverty, compared with 15% for the nation as a whole.

      San Bernardino, a city where Latinos account for 6 of every 10 residents, has the second-highest poverty rate among the nation’s major cities. A U.S. Census report released in September showed that 34.7% of city residents live below the poverty line.

    • The Municipal Bond Market Is Imploding – Moody’s Credit Rating Service just announced the ominous trend that credit quality in the municipal bond market is falling at the fastest rate since the collapse of Lehman Brothers in 2008. Data released showed that 5.3 times as many municipal bonds were credit downgraded over the three last months than were upgraded. Moody’s emphasized that: “Downgrades dominated rating revisions across all public finance sectors except for healthcare,” said Assistant Vice President-Analyst Dan Steed, author of the report. “A rapid deterioration in credit metrics led to a higher-than-average 14 multi-notch downgrades.” Often sold to individuals as “conservative investments with tax free income”, munis in states like California, Illinois, New Jersey, and Pennsylvania are increasingly looking like high risk rolls of the dice.
    • Romney just dramatically raised the stakes vs. Obama – But no more. Romney has made several moves of late ensuring that if he’s the nation’s 45th president, Americans will have cast an affirmative vote for something.

      First, Romney said his policies would help U.S. growth accelerate to 4 percent annually. Gutsy. Recall how Tim Pawlenty was mocked mercilessly for setting a 5 percent growth target. Overall, U.S. GDP growth has averaged 3.3 percent the past 50 years. But many economists think aging America will need to settle for growth closer to 2 percent long term. Romney, however, seems to agree with consultant McKinsey that a higher retirement age and smarter immigration policy, along with smarter regulation and pro-investment tax policy, could allow the U.S. to maintain its historic growth rate, if not higher. More importantly, the target represents a rejection of the declinist mentality.

      Second, Romney has basically adopted Paul Ryan’s Medicare reform plan — helping seniors pay for private insurance — with the twist of giving seniors the option of sticking with a government program. By embracing a pro-market, patient-centered approach, Romney has invited Team Obama to attack him for trying to “privatize” Medicare as surely as if he advocated phasing out the system entirely. Another bold call.

      Third, Romney proposed capping government spending at 20 percent of GDP and cutting $500 billion from government spending during his first term. Not only does this directly strike at the liberal consensus that spending as a share of output must rise as America ages, it invites another Obama attack: the GOP nominee is proposing economy-killing austerity.

      So now Romney will have to advocate and defend — if he is the nominee — not just attack and deride. And America will have a choice, not just an echo.

    • NY-Sen: Sen. Gillibrand to Get a Strong GOP Challenger Next Year? – Wouldn’t this be a delicious match-up? “Republican Harry Wilson, the wealthy investor and former member of President Obama’s Auto Industry Task Force, is being talked up by GOP insiders as a possible candidate against US Sen. Kirsten Gillibrand in 2012, The Post has learned. He ran a strong but unsuccessful race for state comptroller last year against Thomas DiNapoli. Wilson, a native of upstate Johnstown who holds an MBA from Harvard, has been making the rounds of cable business shows lately, keeping his name before the public. GOP insiders said he has not yet decided to enter the Senate race.”

      He and Jon Huntsman could form “Disillusioned Obama Appointees United.”

    • (404) http://www.270towin.com/RT – In your dreams, Chris. Go here : @TheFix: Why the electoral college map STILL favors Obama
    • On electoral map, Obama still has routes to victory in 2012, despite low ratings – The Washington Post – In your dreams, Chris. Go here : @TheFix: Why the electoral college map STILL favors Obama
    • RealClearPolitics – Cain Holds Big Lead Over GOP Rivals in Iowa – Cain Holds Big Lead Over GOP Rivals in Iowa #tcot
    • Cain’s support dips after sex accusations: poll
      | Reuters
      – President 2012 Poll Watch: Herman Cain’s support dips after sex accusations
    • Romney, at tea party event, proposes broad changes to Medicare, other cuts at tea party rally – The Washington Post – Romney, at tea party event, proposes broad changes to Medicare, other cuts at tea party rally
    • Dilbert November 6, 2011 – Faking it? » Flap’s California Blog – Dilbert November 6, 2011 – Faking it?
    • The Sunday Flap: November 6, 2011 | Flap’s Blog – FullosseousFlap’s Dental Blog – The Sunday Flap: November 6, 2011 #tcot #catcot
  • Pinboard Links,  The Sunday Flap

    The Sunday Flap: November 6, 2011

    These are my links and comments for November 4th through November 6th:

    • Most of the unemployed no longer receive benefits – The jobs crisis has left so many people out of work for so long that most of America’s unemployed are no longer receiving unemployment benefits.

      Early last year, 75 percent were receiving checks. The figure is now 48 percent — a shift that points to a growing crisis of long-term unemployment. Nearly one-third of America’s 14 million unemployed have had no job for a year or more.

      Congress is expected to decide by year’s end whether to continue providing emergency unemployment benefits for up to 99 weeks in the hardest-hit states. If the emergency benefits expire, the proportion of the unemployed receiving aid would fall further.

      The ranks of the poor would also rise. The Census Bureau says unemployment benefits kept 3.2 million people from slipping into poverty last year. It defines poverty as annual income below $22,314 for a family of four.

      Yet for a growing share of the unemployed, a vote in Congress to extend the benefits to 99 weeks is irrelevant. They’ve had no job for more than 99 weeks. They’re no longer eligible for benefits.

      Their options include food stamps or other social programs. Nearly 46 million people received food stamps in August, a record total. That figure could grow as more people lose unemployment benefits.

      So could the government’s disability rolls. Applications for the disability insurance program have jumped about 50 percent since 2007.

      “There’s going to be increased hardship,” said Wayne Vroman, an economist at the Urban Institute.

    •  

    • Bachmann goes after Cain, calls him ‘inconsistent’ – In an interview airing Monday, Republican presidential candidate Michele Bachmann told radio host Scott Hennen that Herman Cain has been “inconsistent” on key issues — the most forward-leaning attack she has made to date on Cain, who remains neck-and-neck with GOP front-runner Mitt Romney in recent polling.

      Notably, Bachmann declined to directly answer questions about charges of sexual harassment against Cain — dating back to his time running the National Restaurant Association during the 1990s — that have threatened to stall his campaign for a week now, and instead hit him on matters of policy.

      “Well people are looking for an adult in the room. That’s what I am,” Bachmann said, deflecting a question about whether the Cain saga helps her own campaign.

      An excerpt of the interview was made available on a blog run by the co-host of “The Scott Hennen Show.” The interview was taped Friday during a brief telephone call into the show, according to the Bachmann campaign.

    •  

    • Cain/Gingrich in 2012? – Herman Cain and Newt Gingrich were on stage together in what was billed as a classic Lincoln-Douglas style debate. As I sat and watched the entire event, I came away with one vivid impression: Did I just finish watching the Republican presidential ticket in 2012? Cain/Gingrich? Don’t laugh. It could happen. Romney has a ceiling of support and Rick Perry seems stuck in neutral.

      Herman Cain’s poll numbers continue to impress and like Ronald Reagan, he seems to have a Teflon quality to him. Gingrich is steadily rising in the polls due to the fact that voters are starting to realize that this guy is REALLY smart and is an idea factory. Could this be a ticket that provides both style and substance?

      First of all, let’s start with this: They both respect each other and genuinely have a heartfelt friendship. Plus, for those voters concerned with Cain’s policy chops bringing on Gingrich could placate some wary voters. When I watched them on stage together Saturday night you could tell that Cain would LOVE to have Gingrich as his VP candidate. He even gave a big hint when he asked Gingrich the following question:

      Herman Cain to Newt Gingrich: “If you were Vice President of the United States, what would you want the President to assign you to do first? (Gingrich then began to laugh heartily)

      Probably Romney – Gingrich is more likely.

    •  

    • DeMint: No king to make, no candidate to back – My colleague Marc Thiessen breaks some news in reporting that Sen. Jim DeMint (R-S.C.) will not be endorsing a Republican presidential candidate in the primary. This is a surprising but understandable recognition (as Bill Kristol did in his own way) that there is no viable not-Romney in the race.

      Anyone who expected he might endorse Mitt Romney hasn’t been paying much attention to either the GOP race or DeMint’s role in the Tea Party movement. When DeMint did offer supportive words for Romney, he was beset by angry activists and soon backed off. DeMint is not about to sacrifice his role as a prominent Tea Party leader by endorsing the not-Tea Party candidate, Mitt Romney. DeMint and Romney most likely both know such an endorsement would be worthless in any event. DeMint’s followers wouldn’t follow his lead on this one; Romney supporters and potential supporters are not the type to be swayed by the hard-line DeMint.

      The real news here is that DeMint couldn’t find anyone else to back. If he could champion a viable Tea Party type, he certainly wouldn’t hesitate to be kingmaker. But really, who’s he going to back? It’s evident the Herman Cain phenomenon is dissolving. (In his Lincoln-Douglas style debate with Newt Gingrich Saturday, Cain, in passing on the first question about Medicare, once again showed he’s not well-informed enough to be a credible blogger, let alone a presidential candidate.)

      Texas Gov. Rick Perry was supposed to be the credible Tea Party-friendly alternative to Romney. DeMint’s decision not to give him a hand highlights just how far Perry’s fortunes have fallen. One has to think back to the forum DeMint hosting over Labor Day. Perry had accepted, campaigned in South Carolina and then canceled at the last minute, citing the Texas wildfires, even though DeMint offered to flip the order of speakers and let Perry go first. From hindsight, after a series of dreadful debates, one can surmise that Perry wasn’t all that anxious anyway to be grilled on constitutional issues. But standing up DeMint probably didn’t endear him to the South Carolina senator.

    •  

    • A year left: Obama running against history – With today marking the one-year countdown to Election Day 2012 and his approval rating stuck in the low 40s, President Obama will have to defy American electoral history if he is to win re-election.

      At 43 percent approval in a Gallup poll conducted Oct. 28-30, Mr. Obama recently referred to himself as an “underdog” — with good reason. Of all the presidents since World War II whose job-approval scores were lower than 50 percent one year before Election Day, only one went on to win a second term.

      That was President Nixon, whose job approval stood at 49 percent in November 1971. He rebounded to defeat Democrat George McGovern in a landslide in 1972.

      Mr. Obama does have some advantages. He is still a formidable fundraiser, having amassed more than $150 million for his campaign and the Democratic National Committee this year.

      Also, his re-election operation is more robust than any of the GOP camps, which are waging a long and costly primary battle. Mr. Obama’s campaign is able to build on a 50-state network from 2008, an email list of more than 9 million potential supporters and an experienced staff with unequaled savvy in digital marketing and social networking.

      In early polling of head-to-head matchups with potential GOP candidates, Mr. Obama comes out on top in nearly every instance. One poll in the battleground state of Florida this week showed former Massachusetts Gov. Mitt Romney tied with Mr. Obama.

    •  

    • @Flap Twitter Updates for 2011-11-06 | Flap’s Blog – FullosseousFlap’s Dental Blog – @Flap Twitter Updates for 2011-11-06 #tcot #catcot
    •  

    • foursquare

       

      :: Gregory Flap @ Ronnie’s Diner – After 9 mile run breakfast with Alice, Marianne, Tara, Nancy (@ Ronnie’s Diner)

    •  

    • @Flap Twitter Updates for 2011-11-05 | Flap’s Blog – FullosseousFlap’s Dental Blog – @Flap Twitter Updates for 2011-11-05 #tcot #catcot
    •  

    • Medscape: Medscape Access – Medscape: Medscape Access
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    • Medscape: Medscape Access – Medscape: Medscape Access
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    • Flap’s Blog.com Links and Comments for November 4th | Flap’s Blog – FullosseousFlap’s Dental Blog – Flap’s Links and Comments for November 4th #tcot #catcot
    •  

    • Medscape: Medscape Access – Vaccination Exemptions Rise in California Amid Concerns
    •  

    • Medscape: Medscape Access – Stroke Damage to Insular Cortex Boosts Smoking Cessation
  • Pinboard Links

    Flap’s Links and Comments for September 2nd on 14:59

    These are my links for September 2nd from 14:59 to 15:08:

    • Black unemployment rate: Highest since 1984 – The August jobs report was dismal for plenty of reasons, but perhaps most striking was the picture it painted of racial inequality in the job market.

      Black unemployment surged to 16.7% in August, its highest level since 1984, while the unemployment rate for whites fell slightly to 8%, the Labor Department reported.

      "This month's numbers continue to bear out that longstanding pattern that minorities have a much more challenging time getting jobs," said Bill Rodgers, chief economist with the Heldrich Center for Workforce Development at Rutgers University.

      Black unemployment has been roughly double that of whites since the government started tracking the figures in 1972.

      Economists blame a variety of factors. The black workforce is younger than the white workforce, lower numbers of blacks get a college degree and many live in areas of the country that were harder hit by the recession — all things that could lead to a higher unemployment rate.

      But even excluding those factors, blacks still are hit with higher joblessness.

    • Texas power officials say new EPA rule could cause ’emergency events’ – The Electric Reliability Council of Texas, operator of the state's power grid, said in a report today that a new federal environmental regulation would reduce generating capacity and put the grid "at increasing risk of emergency events," including rotating power outages.

      The Jan. 1 implementation date for the Cross-State Air Pollution Rule, designed to curb air pollution from power plants, leaves ERCOT with "an extremely truncated period" in which to assess the impact of the rule and "no realistic opportunity to take steps that could even partially offset the substantial losses of available operating capacity," it said.

      The report outlined three scenarios, with even the "best-case scenario" expected to result in the loss of an estimated 1,200 to 1,400 megawatts of generating capacity during peak consumption periods, ERCOT said.

      "Had this incremental reduction been in place in 2011, ERCOT would have experienced rotating outages during days in August," the report said.

      Rotating power outages are implemented as an emergency measure when electricity demand is close to exceeding power supplies from generators.

      ======

      Read it all

  • American Economy,  Barack Obama,  Inflation,  Jimmy Carter,  Misery Index

    Misery Index: Barack Obama is a One Term Jimmy Carter Type President?

    If the Misery index of unemployment and inflation is the harbinger of election 2012, Barack Obama will NOT be re-elected.

    When it comes to measuring the combination of unemployment and inflation, it doesn’t get much more miserable than this.

    In fact, misery, as measured in the unofficial Misery Index that simply totals the unemployment and inflation rates, is at a 28-year high, reflective of how weak the economic recovery has been and how far there is to go.

    The index, first compiled during the soaring inflation days of the 1970s by economist Arthur Okun, is registering a nausea-inducing 12.7—9.1 percent for unemployment and 3.6 percent for annualized inflation—a number not seen since 1983. The index has been above 10 since November 2009 and had been under double-digits from June 1993 through May 2008.

    But, President Reagan in the 1980’s had a plan to wring the misery out of the economy (created by President Jimmy Carter’s economic policies) – cuts in government spending, tax reform and tax cuts. Plus, Paul Volcker’s tight money policy at the Fed helped control inflation. I remember the high inflationary price pressures, high gold prices and rampant real estate speculation – plus, the gasoline lines under Carter.

    Reagan won the election in 1980 with his plan to right the economy.

    Without these policy changes and a dramatic improvement of the economy, Reagan would NOT have been re-elected in 1984.

    President Obama knows what has worked in the past. He simply doesn’t believe these measures will work because of his political ideology of tax and redistribution of wealth.