Tag Archives: Abuse of Power

That Whole Life Expectancy Thing?

Yeah…not so much.

It turns out that there are a number of problems in determining life expectancy numbers.  As I mentioned the other day, in some cases, nations aren’t reporting their “deaths” correctly.

And THAT could make a huge difference.

Continue reading

What Did They THINK Was Going to Happen?

We are seeing–living–the impact of government intervention in markets.  Most notably, the housing market.

Not only has the housing market largely been responsible for the current economic  conditions we’re seeing, but it’s also responsible, in large part, for the slow and anemic recovery.

The sad part?

It didn’t have to be this way.  And THAT, gentle reader, is a text book lesson in markets and external impacts.

Continue reading

Wanna Know Why New Jersey Teachers are Getting Laid Off

Question:

Why is the state of New Jersey laying of so many teachers?

Answer:

Teachers.

Continue reading

WHO: World Health Care Ranking

So, remember during the health care debate..that whole thing about America ranking like, what, 38th or some nonsense?

Well, remember, that ranking is determined by weighing several factors, among them are infant mortality statistics, availability of medical care and life expectancy.

Life Expectancy.  Seems fair, right?  I mean, what better way to measure your country’s medical/health care than to measure the single best outcome…how long a person lives.

And guess where America ranks?  Guess who’s #1?

Continue reading

More Cash For Clunkers Down the Shit Hole

Last week I talked a bit about the waste of money that we named “Cash for Clunkers”.

In short, what I said was that car purchases are elastic.  People can pull forward or push out the purchase of a new car by several months.  In this case it turns out to be 7:

The government’s “cash for clunkers” program boosted auto sales by 360,000 during the two months it was in place.  In the seven months that followed, sales were down by 360,000 compared with what they would have been without the program…

Basically, 7 months after cash for clunkers ended, the same amount of cars wound up being sold.

Wanna know the unintended consequence?

Continue reading

Value: Creation and Destruction

There are three things that you can do with money:

  1. Make more of it
  2. Trade it for something you value
  3. Piss it away

Mostly I want smaller government because I’m afraid that the government is worse at 1 and 2 than I am.  More often than not, they’re Pissing it Away.  Either for votes, or, if they really ARE trying to make things better, they just don’t know how.  [‘Cause serious, if they knew how, they’d be out doin’ it and not subjecting themselves to government].

I know there are things we need a government to do; I know that.

But there are other things that a government SHOULDN’T do; and THEY should know that as well.

And marketing cars is one of those things.

Continue reading

Knee Jerk Reaction Coming in 5-4-3….

A wedding, time for happiness and excitement.  Right?  Depends I guess, on who you do business with.

So, turns out that we have an incompetent or unethical businesswoman here in Raleigh:

Raleigh, N.C. — The owner of a north Raleigh bridal store says dozens of brides might never see the wedding gowns and bridesmaid dresses for which they have already paid.

Continue reading

News Outlet vs. Communication Department

I suspect the media is much like everyone else; you get on board a winner.

For example, a study found that while it may appear that money wins elections, it’s really a winner that wins money.

But they dispute the commonly held assumption that the spending causes the win. Instead they point out that anticipated win – or possible win – will often attract the campaign money. When candidates obtain large amounts of money it is usually because they are seen to be the best candidate or the one mostly likely to win. Based on Levitt’s study of campaign spending by the same candidates against the same competitors over decades of US congressional elections, it was found that ‘the amount of money spent by the candidates hardly matters at all. A winning candidate can cut his spending in half and lose only 1% of the vote. Meanwhile, a losing candidate who doubles his spending can expect to shift the vote in his favor by only that same 1%’. The Freakonomics authors conclude that campaign spending has a very small impact on election outcomes, regardless of who does the spending.

To expect the media top act any better is, well, perhaps unfair.

But jeez…

Continue reading

Why People Hate Government

I suppose there’s nothing illegal about this.  And maybe it’s even natural that someone who’s spent a umber of years building experience and contacts would make a career move that makes sense.

In fact, it happens in Corporate America all the time.

But still, this rubs me wrong:

Raleigh, N.C. — Tom Shaheen, who has headed the North Carolina Education Lottery since its inception four years ago, has resigned his post to take a job with a company involved in the sale of lottery tickets through ATMs.

Lottery officials said in a statement Monday that Shaheen will be vice president of business development for Linq3, which has developed solutions for the sale of lottery tickets through automated teller machines and other point-of-sale terminals for distribution both in the U.S. and abroad. His last day at the lottery will be Sept. 17.

Good work if ya can get it!

Add to FacebookAdd to DiggAdd to Del.icio.usAdd to StumbleuponAdd to RedditAdd to BlinklistAdd to TwitterAdd to TechnoratiAdd to Yahoo BuzzAdd to Newsvine

Evil Internet Companies?

I’m not so sure; in fact, I tend not to think so.

After all, the net works much like any other service/product.  Companies wanna profit from it.  And the best way to profit is to make it as good and fast and available as possible.

However, not everyone agrees with me.

Continue reading