Category Archives: Politics & News

“We have met the enemy and he is us.”

Fact Checking

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An email trumpeting that “Casa D’Ice is back!” has made the rounds again.

For anyone not in the know, Casa D’Ice is a restaurant in North Versailles, Pennsylvania, some 10 miles from Pittsburgh. The restaurant has a lighted message board sign out front, the kind that typically heralds the daily special or the Sunday sermon with black slide-in-the-groove lettering. Outspoken owner Bill Balsamico changes the sign every couple of weeks when he feels the need to make a political statement.

I don’t think Mr. Balsamico uses factcheck.org. In fact (heh) I reckon that 90.31% of all online content is not fact checked.

Fact checking is a reporting term for verifying statements through several reliable, independent sources before publication. We expect the professional media to do it and we censure the professional media when they do not. The Dan Rather fiasco over his CBS News story about President Bush’s Air National Guard service is a case in point. His statement on the documents that he reported were written by President Bush’s National Guard commander lead the 272,000 hits returned when I Googled “Dan Rather” “CBS News.”

I did not fact check my 90% statistic. I made it up out of thin air but I’ll suggest that someone out there can correct me. I’ll further suggest that I’m within 20% of the correct answer. That may be seriously poor statistically but it still means there is a lot of misinformation online.

According to another email this week, a 1,200 pound Great White shark was caught in the Chesapeake over the weekend. That’s wrong, too.

This Casa D’Ice sign caught my eye first: “President Bush’s great fuel efficiency program on trucks & SUVs [will] save 30 gallons in 2008.” I couldn’t find anything to back that up. The current energy bill requires auto companies to achieve a 35-mpg CAFE by 2020. “Social security recipients get 3 dollar raise per month.” The actual Social Security Benefit COLA Increase for 2008 was 2.3 Percent.

I like Mr. Balsamico’s signs anyway. They are pithy–sometimes Deckish–and popular. His heart is in the right place even if he sometimes uses “Internet wisdom” for his source. I have singled him out not because he is doing a bad thing but because he could do his good thing so much better. More people see Mr. Balsamico’s signs than read this blog. Since the signs have gone viral, many many more people see photos of Mr. Balsamico’s thoughts than read this blog.

All that leads me to posit this theory: Internet Information Popularity is inversely proportional to Internet Information Accuracy.

That’s a rather sad commentary.

FactCheck.org describes its own goal as “[reducing] the level of deception and confusion in U.S. politics.” The Annenberg Public Policy Center project is run by the Annenberg School for Communication at the University of Pennsylvania. It is funded primarily by the Annenberg Foundation.

Press 1 for Spanglish

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I paid $3 to wash my truck in a $2.50 carwash over the weekend. That irritated me because I needed an extra few minutes to finish rinsing the thing and the Car Wash sign said “Add quarters for extra time.”

Of course, when I added the two extra quarters for extra time, it simply swallowed them and blinked at me.

Where are the illegal aliens when you need them? I would gladly pay $3 to some illegals to wash my truck. I went searching for some and got 3,170,000 hits in Google alone. Outraged Patriots leads that list.

Thirteen motel owners in Mesa, Arizona, were sentenced last week for catering to human smugglers and conspiracy to harbor illegal aliens. UPI reported that a US task force raided several Latino commercial establishments and arrested 49 people alleged to be illegal aliens who worked for a security company.

Huh. My great-x8-grandfather, Richard Barnard (ber-NARD), was born in Sheffield, Yorkshire, England, and sailed for the New World about 1642. Richard accompanied William Penn to the fertile southeastern counties of Pennsylvania (1). I guess that means that to the Lenni Lenape, my great x 8 grandfather was an illegal alien. Good thing the Lenni Lenape had less Homeland Security than we have today. And that conquerors don’t have to learn the Algonquian language known as Lenape (now “Delaware”).

I can think of a few reasons we don’t want people coming here from other countries to do the work we apparently don’t want to do. After all, they might change the way we live, change the foods we eat, change the way we manufacture things, and teach our wimmens a thing or two about love.

I’m all for it. After all, I come from alien stock. Just ask my kids. So do you, and you, and you. That fresh blood is one part of what makes this country great. I say we should spend our security efforts filtering out the peeps who want to rob and rape and maim and kill us and then invite the others in for a good party.

As long as we quit telling them they don’t have to learn English.


Want more detail? I wrote the op-ed Norman – French – English – Italian – Dutch – American for the Burlington Free Press about a dozen years ago. You can read it here.

XM Merger With Sirius Approved

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The Justice Department’s antitrust division said yesterday that the buyout of XM Satellite Radio by Sirius would not hurt competition or consumers.

OK, OK. I get it.

Of course creating a de facto monopoly in satellite services won’t hurt satellite services competitors. There are no satellite services competitors.

<sigh>

It’s the Economy, Stupid

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The accent may be on the wrong syl LA ble.

A friend mentioned that he had heard that a very large bank was talking to the Fed about liquidity problems. He was nervous that we might be on the brink of something way uglier than most are thinking.

He had probably heard the first rumblings about the Bear Stearns calamity. JP Morgan Chase agreed Sunday night to acquire B-S but the problem in the financial markets is widespread and still growing. The Wall Street Journal has a short history of troubled investment bank sales here: snipurl.com/21y4f

We recovered from the junk-bond market debacles and from the savings and loan scandals and from the insider trading/arbitrage adversity. We will recover from this sub-prime mortgage mess, too. Nonetheless, I am not happy about owning banking stocks right now.

That said, I have two thoughts for my friend.

Really.

Just two.

(1) 99.94% of the ARM crisis has been caused by systemic fraud (as in felonious behavior) on the part of the mortgage sellers and particularly the banks that financed the mortgages, then resold them as “secure” investments to pension funds and the like. The only good news is the Saudis and the Chinese appear to hold at least some of the paper.

(2) There is no real real estate problem no matter what the news says. Lemme repeat that. There is no real real estate problem no matter what the ID10Ts in Congress say.

We own a house. The roof still keeps the rain off, the heat still keeps the cold out, and the rent-a-cat still curls up by the fire. It absolutely does not matter to me today if this house is worth a dollar, a million dollars, or something in between. As it happens, the house is worth more than when we bought it. Yay! It’s also worth less than it was a year ago. Boo! Oh, wait. I didn’t sell it a year ago and I don’t plan to sell it today so its value on the market is of absolutely no consequence to me.

OK, its value on the market is of absolutely no consequence to me except when I pay taxes on its value but that’s a whole nother story.

Now the bad news. In other words, here’s why my friend may be right.

Nobody believes me.

We are so driven by this Chicken Little squawking about the housing sky falling that we really really believe the end is nigh.

And so it will be.

For a while.

Wot to do, wot to do.

Buy.

Warren Buffet is a whole lot smarter about this stuff than I am. His advice is simple. When you find a good property at a bargain price, buy it. Unfortunately, nobody believes him right now, either.

It’s not just the economy. It’s the stupidity of the herd that drives the economy.

License to What?

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“I needed some electrical work done,” a local homeowner told me the other day. “These licensed electricians come into your house, charge through the roof, and some of them don’t look smart enough to flip the light switch.”

States license a huge number of so-called professionals. In addition to doctors and engineers, we find beauticians, lawyers, drug and alcohol counselors, insurance and real estate agents, plumbers, electricians, and well drillers. There are also polygraph examiners, athletic trainers, interior designers, “specialist assistants,” and masseuses.

Assuring that your doc has at least heard of the Physician’s Desk reference strikes me as a fine idea. And it is quite worthwhile to check if the person who designs your next highway bridge has maybe googled deflection formulae at one time or another.

“Yow! You can make some serious money as an electrician,” the homeowner said.

Somebody sure can.

The State of Washington has its list of 410 or so licenses online here: dol.wa.gov/listoflicenses.html. 177 of them are handled by the “Department of Licensing.”

I can’t think up 400 categories of licenses and I’m really really good at making lists. I have to wonder how much of the licensing is about public safety and how much is about raising revenue.