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  • So How Is That Government-Run Auto Company Working Out?

    On 04.07.10 12:00 PM posted by Mike Brownfield

    <ahref="http://blog.heritage.org/wp-content/uploads/GM-dealer.jpg"></p>It’s been nearly a year since the Obama administration took the reins of General Motors, and if today’s headlines are any indication, things aren’t looking good for the troubled Detroit auto maker.

    First off, GM just isn’t making money. <ahref="http://www.washingtonpost.com/wp-dyn/content/article/2010/04/07/AR2010040701922.html">It posted a $4.3 billion loss for the second half 2009 – far from profitability, far from a government-led turnaround. The company claims it has a chance of “achieving profitability” in 2010, but keep in mind that GM is $50 billion in the hole to the American taxpayers, who paid for a bailout in 2009.

    And those taxpayers can’t recoup their losses until the U.S. investment in GM is sold, which won’t happen until someone actually wants to buy the company. With $4.3 billion in losses, don’t expect buyers to come running anytime soon.

    <spanid="more-30760"></span>There’s more bad news for GM. The company is <ahref="http://www.nytimes.com/2010/04/07/business/07cars.html?ref=todayspaper">saddled with massively underfunded pension plans, and it needs to come up with $12.3 billion in payments into the plan within the next five years. According to a government report released yesterday, it’s uncertain whether GM will be able to make that payment. That’s not a hard conclusion to reach given today’s reported $4.3 billion in losses.

    More bad news for Americans. <ahref="http://www.nytimes.com/2010/04/07/business/07cars.html?ref=todayspaper">As The New York Times reports, “If either company’s plan must be terminated, the government would become liable for paying benefits to hundreds of thousands of retirees.” That’s 650,000 GM retirees, to be exact.

    But wait, there’s more. Enter the United Auto Workers, <ahref="http://detnews.com/article/20100407/AUTO01/4070347/UAW-suit-says-GM-owes-$450M#ixzz0kQKZGHMT">which yesterday sued GM, claiming that the company owes a union-run health care fund $450 million.

    If you add it all up, that makes for a lot of financial obligations for a company that is already well below water, to the depths of about 20,000 leagues under the sea.

    So what happens if GM doesn’t make a profit and all of these liabilities end of sinking the company? More from The New York Times on the government report issued Tuesday:

    “In the event that the companies do not return to profitability in a reasonable time frame, Treasury officials said that they will consider all commercial options for disposing of Treasury’s equity, including forcing the companies into liquidation.”

    In other words, back to square one – an unprofitable company overburdened with expenses, in need of a government bailout.

    Last year, we wrote that the federal government’s ownership of GM <ahref="http://www.heritage.org/Research/Reports/2009/05/General-Motors-Bankruptcy-and-Nationalization-Exit-Strategy-Needed">was the wrong approach, and that it necessitated an exit strategy for the American taxpayer. Given where GM is now, an exit strategy would have been a good idea.

    In April 2009, <ahref="http://www.cbsnews.com/8301-503544_162-4979228-503544.html">President Barack Obama said, “I don’t want to run auto companies. … I’ve got more than enough to do.”

    At the time, GM was broken. Under President Obama’s leadership, the American taxpayer bought it. And all indications are that it’s not getting fixed anytime soon. Buyer’s remorse, anyone?

    http://blog.heritage.org/2010/04/07/…y-working-out/

  • NRC Trips Obama’s Sprint to Close Yucca Mountain

    On 04.07.10 11:14 AM posted by Jack Spencer

    In a welcome decision, the Nuclear Regulatory Commission yesterday announced that it will not act on the Department of Energy’s motion to withdraw its application to construct the nuclear materials repository at Yucca Mountain until the court system rules on related lawsuits.

    Not only will it not consider the motion but it will continue its work on the application review and expects to have a significant portion completed by November. In other words, Yucca is far from dead.

    The announcement from the NRC was a pleasantly unexpected one. Just days ago Department of Energy Secretary <ahref="http://energytopic.nationaljournal.com/2010/04/chu-on-yucca-mountain-economy.php">said, “We are taking steps to end [Yucca Mountain] because… we see no point in it. It’s spending a lot of money. It’s very important that we not linger around this decision. It’s been made, and we want to go forward and move into the future.” The DOE called Yucca an unworkable option. Apparently the NRC wasn’t listening.
    <spanid="more-30757"></span>

    After the DOE proclaimed that it would withdraw the Yucca application, a dozen parties subsequently filed petitions to intervene, mostly on the grounds that it was unlawful for the DOE to do so. And this was the problem all along for the Administration’s policy. They disregarded the process, ignored existing statute, flouted the will of Congress, and overlooked the science. Most importantly, they allowed politics to get in the way of sound policy.

    Just like the president’s announcement on offshore drilling, his rhetoric on nuclear sounds good but <ahref="http://www.heritage.org/research/reports/2010/02/presidents%20yucca%20policy%20inconsistent%20with% 20nuclear%20rhetoric">his policy decisions do little to advance the long-term prospects of nuclear energy. This is clearly the case with Yucca.

    Even if Yucca is not the final destination for our nation’s nuclear waste, it shouldn’t prevent the NRC from completing the Yucca license application. A geologic repository will eventually be needed, and the application process will provide the NRC, DOE, and the nuclear industry valuable information to inform future decision-making.

    If killing Yucca Mountain is what the Administration wants to do then it should go about it the right way. It should seek legislative reforms to allow for a Yucca alternative and develop an achievable Plan B to take the current plan’s place. Doing so would allow the 121 communities across the country that currently store both commercial and defense waste to be more comfortable with the process. .

    A better approach altogether, however, would be to institute reforms that would allow the project to move forward in a more stable way. The heart of such an approach would be to empower the State of Nevada to determine the outcome of Yucca Mountain. Then Nevada could negotiate a workable solution directly with industry—leaving out the federal government and all of its politics. If no workable plan is developed, then Yucca dies on Nevada’s terms. If, however, an agreement is reached, then Nevada could enjoy the many economic benefits of hosting such a facility.

    The Obama Administration’s awkward attempt to strong-arm the death of Yucca Mountain is but the latest <ahref="http://www.heritage.org/Research/Reports/2009/06/Five-Free-Market-Priorities-for-a-Nuclear-Energy-Renaissance">chapter in government ineptitude when it comes to nuclear waste. It’s good to see the NRC seems to have recognized the folly of the process and responded by slowing things down. To be effective, regulators can not be bullied and judging by yesterday’s decision; the NRC will not be bullied. Good for them.

    http://blog.heritage.org/2010/04/07/…ucca-mountain/

  • Nuclear Posturing

    On 04.07.10 10:00 AM posted by Mackenzie Eaglen

    <ahref="http://blog.heritage.org/wp-content/uploads/Natanz-Nuclear-Facility.jpg"></p>In <ahref="http://article.nationalreview.com/430547/nuclear-posturing/nro-symposium">NRO’s symposium today, Clifford May notes that Iran’s leaders will view the Nuclear Posture Review “as one more sign of a weakening America,” and Jamie Fly argues that our self-imposed nuclear limitations will not convince Iran or North Korea to change their behavior.

    As if on cue, Iranian President Mahmoud Ahmadinejad <ahref="http://www.usatoday.com/news/world/2010-04-07-iran-us-nuclear_N.htm">accused U.S. leaders of resorting to weapons “like cowboys” when “beaten by logic.”

    The NPR is full of problems. For example, while the strategy outlines many current threats accurately, its solutions are based on the misguided belief that the right message is enough to scare Iran and North Korea into submission.<spanid="more-30746"></span>

    Another problem is the assumption that if the U.S. leads by example, others will follow. While this works well for Army infantrymen, it does not work well in the international arena. U.S. leaders must view the world as it is, and not as they wish it to be. This means acknowledging the reality that in the past decade alone, the number of global nuclear powers has grown from six to nine. The expanding nuclear club belies the presumption that reducing our own nuclear-weapons numbers will in itself lead to a safer world.

    The NPR unnecessarily takes options off the table for responding to chemical or biological attacks. The nation should not tie one hand behind its back when deciding how to defend American citizens.

    An irony lies in the fact that by limiting the use of nuclear weapons, Obama’s vision increases the value of conventional military forces — which Obama is busy cutting. His defense budgets may compromise U.S. military superiority, including its air dominance, maritime control, space control, and ability to project power to distant regions.

    The most dangerous problem of all is that cuts to strategic and conventional forces increase the likelihood that U.S. military capabilities will fall short of the nation’s wide-ranging security commitments — including our nuclear umbrella.?

    http://blog.heritage.org/2010/04/07/nuclear-posturing/

  • Side Effects: New Tanning Tax Burns Business Owners

    On 04.07.10 09:00 AM posted by Brandon Stewart

    </p>In the days and weeks following the signing of Obamacare into law, Administration officials have attempted to promote all of the legislation’s immediate impacts. Owners of tanning salons across the country are already seeing one of those immediate impacts—a*whopping 10% tax.

    One salon owner in Western Oregon laments in <ahref="http://www.wndu.com/home/headlines/89295577.html">an interview with a local*TV*station, “10% of everything you make to the federal government. That is tough on top of all of the taxes we are paying today.” Another salon employee at a Michigan-based business echoed those concerns in a separate interview <ahref="http://abclocal.go.com/wjrt/story?section=news/local&id=7350639">complaining, “It’s not fair. This is a choice and now the government is telling you because you make this choice we are going to give you a 10% tax on this. Where’s it going to stop?”<spanid="more-30682"></span>

    That’s a question many business owners are asking themselves these days. From the looming <ahref="http://blog.heritage.org/2010/02/06/who-profits-from-the-death-tax-estate-planning-lawyers/">reinstatement of the estate tax to <ahref="http://blog.heritage.org/2010/03/18/obamacares-biggest-losers/">new regulations about employee health insurance, employers are reeling from taxes and the prospect of more to come. As <ahref="http://blog.heritage.org/2010/02/23/uncertainty-from-washington-hampering-job-creation/">we reported earlier this year, “<ahref="http://www.nfib.com/Portals/0/PDF/sbet/sbet201001.pdf">one in 6.25 small business owners (PDF) who say now is not a good time to expand their businesses say the uncertain political climate is the reason.”

    In the video, some owners even discussed the possibility of closing because of the new tax burden. As one Nebraska-based business owner <ahref="http://new.khastv.com/modules/news/article.php?storyid=20453">put it, “There comes a time when you have *to close your door and cut your losses.”

    Foundry readers will not be surprised that higher taxes often stunt job growth, a topic <ahref="http://blog.heritage.org/2010/02/23/uncertainty-from-washington-hampering-job-creation/">we’ve discussed here before. We just need the Obama administration and this Congress to get a clue.

    http://blog.heritage.org/2010/04/07/…siness-owners/

  • Free Nations More Likely to Vote With the U.S.

    On 04.07.10 08:25 AM posted by Conn Carroll

    <ahref="http://www.heritage.org/Research/Reports/2010/04/~/media/Images/Reports/2010/b2395_chart3_1/b2395_chart3_2.ashx">

    <ahref="http://blog.heritage.org/wp-content/uploads/UNIndexVoting.jpg"></p>In 2008, on average only 26 percent of all non-consensus <ahref="http://www.state.gov/p/io/rls/rpt/c29990.htm">votes in the U.N. General Assembly coincided with the United States’ votes. However, when the nations are categorized in terms of economic freedom, as measured by the <ahref="http://www.heritage.org/Index/">2010 Index of Economic Freedom,*a trend appears – those nations with better freedom scores cast votes that coincide with the U.S. at a higher rate.

    This should not be surprising. Economic freedom refers to the ability of individuals to control their own labor and property. In an economically free society, individuals are free to work, produce, consume, and invest in any way they please, with that freedom both protected by the state and unconstrained by the state. The states that score highest on the index understand that there are strong relationships between economic freedom and job creation, per capita income, economic growth rates, human development, the elimination of poverty, and environmental protection.<spanid="more-30734"></span>

    The opposite is true of those nations at the bottom of the Index. Countries like Cuba, North Korea, and Iran try to control their peoples and their economies and both suffer in the process.

    This is why we should never entrust the United Nations or an international court with the important task of safeguarding our rights and liberties. But that does not mean we should abandon the U.N. either. Instead we need to fight for our ideas and vote with our allies as often as we possibly can.

    http://blog.heritage.org/2010/04/07/…-with-the-u-s/

  • Side Effects: New Entitlement Compounds Debt Problems of Existing Entitlement

    On 04.07.10 07:00 AM posted by Kathryn Nix

    <ahref="http://blog.heritage.org/tag/side-effects/"></p>Obamacare was sold as a way to improve benefits and expand coverage.* But it doesn’t seem to be panning out that way.

    Almost immediately, major companies offering excellent health coverage to both active workers and retirees said the new law would cost them a bundle.* AT&T alone said they’d have to set aside an extra $1 billion in the first quarter due to an Obamacare tax on their retiree drug coverage.

    Now, both retirees and current employees of AT&T and other affected companies are “wondering whether the new law could mean reduced or canceled benefits for them in the future,” reports <ahref="http://www.washingtonexaminer.com/politics/Democrats-threaten-companies-hit-hard-by-health-care-bill-89347127.html">Byron York of the Washington Examiner.

    Obamacare devotees have described the tax on retiree drug benefits as a move to close a “loophole.”* The government, they said, was actually subsidizing the company-paid benefits, so the tax is merely a way to recoup some of the government’s money. Sounds reasonable.* Until you get the back story and the details.<spanid="more-30722"></span>

    The government “subsidy” was created in the Medicare Modernization Act of 2003, when Congress was busy passing the last new big entitlement before Obamacare:* a universal prescription drug benefit for all Medicare beneficiaries. That baby added- drum roll please- *roughly $8 trillion to the unfunded liability of the Medicare program.

    Back then, roughly three out of four seniors already had prescription drug coverage of some sort—often as a retirement benefit.* Rather than provide a prescription drug benefit for only those who needed it, both Democrats and Republicans in Congress wanted a universal drug entitlement added to Medicare. So, the Congressional Republican leadership enacted it. And the taxpayers were henceforth on the hook for Medicare drug coverage for all seniors—even the wealthiest—if they wanted it.

    During the big Medicare drug debate of 2003, the Heritage Foundation argued strenuously against this extravagant approach, warning that it would inevitably crowd out private coverage.* The Congressional Budget Office, too, cautioned that the universal entitlement would encourage companies to dump their drug coverage for retirees.

    To keep companies from dumping coverage as a result of their own handiwork, Congress offered tax free federal subsidies to private companies to keep offering prescription drug benefits to their retirees.* After all, it was cheaper for the government to help subsidize the private coverage than to pay the entire cost of the coverage through Medicare.

    But it was a case of “fixing” bad policy with more bad policy.* Congress effectively ensured that, whether seniors receive subsidized private benefits or the new Medicare benefit, taxpayers would foot the bill.

    Cut to Obamacare.* To help pay for a whole new health entitlement expansion, it guts the old “fix” that was originally designed in 2003 to prevent disruption of seniors existing drug coverage . This takes bad health policy to a whole new level.* Instead of helping offset the cost of Obamacare, it will doubtless encourage *companies to scale back or even drop their retiree drug benefits altogether, thereby increasing the number of seniors *directly dependent on the Medicare program. Of course, any additional costs from this latest move will be billed to the same folks who paid for Congress’s *2003 corporate welfare subsidies: the taxpayers. How clever.

    To learn how the Medicare prescription drug coverage should be designed, <ahref="http://www.heritage.org/Research/Reports/2003/11/Time-to-Rethink-the-Disastrous-Medicare-Legislation">click here.

    http://blog.heritage.org/2010/04/07/…g-entitlement/

  • Could New EPA Requirements Cause Headaches for Automakers?

    On 04.07.10 06:55 AM posted by Nick Loris

    <ahref="http://blog.heritage.org/wp-content/uploads/GM-headquarters-10-04-07.jpg"></p>The taxpayer-funded auto bailout was largely the result of a number of poor decisions made by General Motors and Chrysler. Along with the excessively high labor and legacy costs, Detroit’s dependence on big, non-fuel-efficient vehicles was its own doing and at one time, was a very profitable strategy. Detroit struggled to make competitive fuel-efficient vehicles that rivaled its Japanese counterparts. The government stepped in and took a controlling stake in General Motors and, more recently, attempted to provide more regulatory stability by mandating stricter fuel efficiency standards. The Environmental Protection Agency and National Highway Traffic Safety Administration <ahref="http://www.washingtonpost.com/wp-dyn/content/article/2010/04/01/AR2010040101412.html">announced fleet-wide requirements of 34.1 miles per gallon 2016 for all automakers in the U.S.

    Automakers are supportive of the ruling since it provides some regulatory stability, but it doesn’t come with guaranteed consumer demand. <ahref="http://blog.heritage.org/2010/04/02/epa%e2%80%99s-fuel-efficiency-standards-bad-news-for-the-consumer/">Setting aside the other problems with the government mandate, the new government regulations become a problem if it forces car manufacturers to produce vehicles no one wants to buy. Gloria Bergquist of the Alliance of Automobile Manufacturers <ahref="http://www.washingtonpost.com/wp-dyn/content/article/2010/04/01/AR2010040101412.html">said, “We have a hill to climb, and it’s steep, so we will need consumers to buy our fuel-efficient technologies in large numbers to meet this new national standard.”

    <spanid="more-30725"></span>Bob Lutz, Vice Chairman of GM echoed Berguist’s remarks <ahref="http://www.detnews.com/article/20100401/AUTO04/4010416/1148/AUTO01/Hybrid-car-field-gets-crowded#ixzz0kEfJ1qgh">saying, “We’ll have to force a lot of hybrids, which people may or may not pay for.” Consumers have a wide variety of choices when it comes to purchasing a vehicle; clearly, a number of smaller, fuel-efficient cars exist on the market today – including a growing number of hybrid vehicles. Yet Jake Fisher, senior automotive engineer at Consumer Reports <ahref="http://www.detnews.com/article/20100401/AUTO04/4010416/1148/AUTO01/Hybrid-car-field-gets-crowded#ixzz0kEfJ1qgh">said, “Performance hybrids and mild hybrids haven’t gained any traction in the market.”

    So there’s a potential for mass quantities of vehicles sitting on dealerships lots – sounds a lot like the last auto bailout. Maybe this time the government will be able to predict what consumers want down the road. Or maybe the government has backed our nation’s automakers into a corner and the only way out is more taxpayer-funded handouts. Megan McArdle <ahref="http://www.theatlantic.com/business/archive/2009/05/high-standards/17833/">says that raising the country’s fuel economy standards “will either help the Big Three compete, or seal their doom as the Japanese manufacturers continue to eat into their market share. If I had to bet, I’d wager this means big ongoing subsidies for our favorite three public charities.”

    Just what American taxpayers were hoping to hear.

    http://blog.heritage.org/2010/04/07/…or-automakers/

  • What rejecting science will mean | Gene Expression

    I am reading that a scholar affiliated with an evangelical theological seminary has had to resign his position because of a full-throated (see here) defense of evolutionary theory. In particular, this scholar seems to have asserted that evangelical Christianity is on the way to becoming a marginalized “cult” if it keeps rejecting scientific consensus in regards to evolutionary theory. Cult, from what I know, has a very strong connotation in the evangelical subculture.

    Obviously I don’t have relevant opinions about whether evangelicals should, or should not, accept evolution from the perspective of an evangelical Christian. But, we can look at the type of person who accepts and rejections evolution in American society. The General Social Survey has a vocabulary test which it gives to people, and the scores range from 0 out of 10 correct, to 10 out of 10 correct. Over the history of the GSS a little under 25% of the survey respondents scored on the interval 0 to 4. 13% scored on the interval 9 to 10. Let’s label the first “Not Smart” and the second “Smart.” Below are the proportion who accept evolution for the various GSS variables which speak to this issue (I’ve given the GSS labels, you can look up the specific question at the GSS browser under “selected” at the top left).

     
      Not Smart Smart  
      EVOLVED  
    True 45 73
         
      SCITEST4  
    Definitely True 10 34
    Probably True 32 32
         
      SCITESTY  
    Definitely True 11 31
    Probably True 31 35
         
      CREATION  
    God Created Man 41 25
    Man Has Evolved, God Guided 42 48
    Man Has Evolved 12 22
     

    I don’t know if rejecting scientific consensus will turn evangelical Christianity into a cult, but it will drive a particular self-selection….

  • The National Security Case Against Killing Anwar al-Awlaki

    For a moment, leave aside the legal questions about the Obama administration’s apparent decision that it possesses the legal authority to order the extra-judicial killing of American citizen and possible al-Qaeda affiliate Anwar al-Awlaki. Karen Greenberg, director of New York University’s Center on Law and Security and the person who convinced me the government can’t just revoke al-Awlaki’s citizenship, views a potential assassination of the Yemen-based cleric as a looming national security blunder.

    “Why kill someone who’s crucially important to linking that world and our world?” Greenberg said. “From the point of view of national security, having him in custody is far more important than killing him. He is an enemy that knows an incredible amount. Wouldn’t you like to know who in the U.S. has been in conversation with him?”

    There’s an additional irony, as Marcy Wheeler pointed out this morning. (Full disclosure: Marcy and I are both part of the Firedoglake blog-mafia.) Chances are whatever determination that al-Awlaki has crossed the line from inciting terrorist plots to participating in them — as an anonymous administration official cited to Greg Miller – came from the interrogation of Umar Farouk Abdulmutallab. Which occurred with the full protections of Miranda rights under the U.S. criminal justice system. Abdulmutallab, of course, isn’t a citizen and al-Awlaki is.

    On the other hand, maybe we shouldn’t even credit the recent determination that al-Awlaki has “recently become an operational figure for al-Qaeda in the Arabian Peninsula,” as the official told Miller. After all, the U.S. tried to kill him with a drone-launched missile strike in December.

    For Greenberg, even before the legal and constitutional questions about the permissibility of killing al-Awlaki arise, the strategic wisdom of it escapes her. “This is not a human rights issue, primarily, for me,” she said. “What do we get out of killing him?”

    To be on the safe side, this morning, The Washington Independent filed Freedom of Information Act requests with the Justice Department and the CIA for any documentation determining the legal basis for an extra-judicial killing of any American citizen on counterterrorism grounds. This is after repeated messages left with DOJ, White House and CIA spokespeople to uncover that assertion. All I got was a quote from CIA spokesman George Little that “this agency conducts its counterterrorism operations in strict accord with the law.” I was unable to persuade George to elaborate on the basis for his confidence that, in this case, it’s doing that.

  • Street parking could get a bit tougher to find around the Cell

    Posted by John Byrne at 3:07 p.m.

    Street parking will get slightly tougher to find around U.S. Cellular Field under a City Council plan to expand special permit parking areas on game days.

    The council’s Traffic Committee today approved an ordinance by Ald. Pat Dowell, 3rd, to extend the "Comiskey Park area parking permit program" several blocks to the south and east of the ballpark.

    Under Dowell’s plan, which will next head to the full City Council for approval, the special parking zone will be enlarged by two areas of about four square blocks each.

    One area would be bordered by Pershing Road, Wentworth Avenue, Princeton Avenue and 37th Street.

     

    The other would be bounded by 37th Street, Wentworth, Dearborn Street and 35th Street.

    Street parking would remain open on both Pershing and 35th, according to the ordinance.

     

    Dowell said residents of new housing developments near the ballpark want to be able to park in front of their homes on game days.

     

    The parking restrictions around the Cell begin three hours before first pitch and end three hours after last pitch. They also are in effect for concerts and other events at the ballpark.

  • Weather Channel asks, “July in April?” – Record smashing heat-wave hits much of the nation

    CP:  So it’s friggin’ hot in DC and much of the country.

    Audience:  How hot is it?

    CP:  It’s so hot that:

    • I saw a dog chasing a cat and they were both walkin’.
    • The robins are laying their eggs sunny side up.
    • I saw squirrels fanning their nuts.
    • Even meteorologists are doing stories about human-caused global warming.

    Settle down, disinformers, they’re only jokes.  We all know that you can’t use a single weather event as evidence for or against climate change — unless of course that weather event is a big snowstorm [see “Massive moisture-driven extreme precipitation during warmest winter in the satellite record — and the disinformers say it disproves (!) climate science].

    What people should be talking about are record highs versus record lows across the country.  The figure above comes from a Weather Channel post by Jonathan Erdman, “July or April? Spring skipped?“:

    To the south of this front, temperatures had soared into the 80s and, yes, 90s in many locations, shattering daily record highs.  In fact, according to the National Climatic Data Center, in the seven-day period from March 29 through April 4, over 1100 daily record highs were either tied or broken in the nation!

    Now that is a heat wave!

    The data in the top graphic might remind you of this figure from a must-read 2009 study led by National Center for Atmospheric Research (see “Record high temperatures far outpace record lows across U.S.“):

    temps

    This graphic shows the ratio of record daily highs to record daily lows observed at about 1,800 weather stations in the 48 contiguous United States from January 1950 through September 2009. Each bar shows the proportion of record highs (red) to record lows (blue) for each decade. The 1960s and 1970s saw slightly more record daily lows than highs, but in the last 30 years record highs have increasingly predominated, with the ratio now about two-to-one for the 48 states as a whole.  (©UCAR, graphic by Mike Shibao.)

    NCAR begins its release on this study:

    Spurred by a warming climate, daily record high temperatures occurred twice as often as record lows over the last decade across the continental United States, new research shows. The ratio of record highs to lows is likely to increase dramatically in coming decades if emissions of greenhouse gases continue to climb.

    “Climate change is making itself felt in terms of day-to-day weather in the United States,” says Gerald Meehl, the lead author and a senior scientist at the National Center for Atmospheric Research (NCAR). “The ways these records are being broken show how our climate is already shifting.”

    It’d be nice if the Weather Channel would say something close to that or at least mention the NCAR study if not the overall warming trend.  Instead the piece opens with this:

    To get a feel for what’s going on in the world’s weather, meteorologists look at weather patterns, namely, the juxtaposition of dips and rises in the jet stream that dictate the weather we feel here on the surface.

    Yes, as we know, for many if not most weather reporters, it’s all just one of the greatest coincidences in human history (see “In yet another front-page journalistic lapse, the NY Times once again equates non-scientists — Bastardi, Coleman, and Watts (!) — with climate scientists” and “Is that airlifted snow on your Olympic ski mountain, or is your enormous helicopter just happy to see me?“)

    Sadly, for the rest of us, assuming we keep doing what we’re doing, which is to say, nothing, NCAR predicts (and yes, they use the word “predictions” not “projections”):

    The modeling results indicate that if nations continue to increase their emissions of greenhouse gases in a “business as usual” scenario, the U.S. ratio of daily record high to record low temperatures would increase to about 20-to-1 by mid-century and 50-to-1 by 2100.

    In short, if you like the current heat wave, you ain’t seen nothing yet (see Our hellish future: Definitive NOAA-led report on U.S. climate impacts warns of scorching 9 to 11°F warming over most of inland U.S. by 2090 with Kansas above 90°F some 120 days a year — and that isn’t the worst case, it’s business as usual!”)

    h/t WAG.

    Related Post:

  • A lesson from California’s bad ballot measure

    by Eric de Place

    California’s nascent cap-and-trade program appears to be threatened by a ballot measure that is both substantively idiotic and yet diabolically clever. Basically, the measure would suspend implementation until California’s unemployment rate declines to below 5.5 percent. Financial backing comes from oil companies and other big polluters. Shocking, I know.

    Anyway, it’s a stupid idea on the merits because, apart from one industry-funded study, detailed analysis has shown that the bill would actually be beneficial to California’s economy, lowering energy bills and creating jobs. (Plus, the measure would, of course, reduce the state’s sizeable contribution to the planet’s greenhouse gas emissions; and California’s carbon footprint is roughly equivalent to that of France.)

    So why is it clever? Because linking the outcome to unemployment cements the (incorrect) impression that carbon reduction is bad for the economy. In fact, simply describing the measure requires one to link climate protection and unemployment. It’s a masterstroke of framing, and it’s a technique that progressives could stand to learn.

    Fortunately, this is a game that anyone can play! It shouldn’t be too hard to start adopting this kind of thing in ballot measure-saturated states in the West. So to get the conversation started, here’s a formula I just invented:

    [State] will levy an X percent tax on [bad-guy industry product] until [desired social or economic outcome] occurs.

    Here’s how it might work:

    Oregon will levy a 25 percent tax on cigarettes until teen smoking declines below 10 percent;
    Montana will levy a 50 percent tax on the in-state profits of payday lending firms until the state’s child poverty rate declines below 10 percent.
    Washington will levy a 10 percent tax on petroleum products until U.S. oil industry profits decline below $50 billion per year.

    You could tweak the dials here: change the numbers, change the targets, whatever. But I think you get the idea. In a best case scenario, progressives could win big fat Pigovian tax victories, and net a bunch of revenue to direct to their objectives.

    But even if the ballot measures failed, they would amount to a campaign season’s worth of PR for their pet issue. Tobacco sales are bad for kids; payday lending hurts poor children; the oil industry is screwing consumers. It’s fun, right? 

    I mean, if your state’s politics are locked in the death spiral of cynical bought-and-paid-for faux-populist ballot initiatives, the least you can do is leverage the dysfunction to do a little good for the world. 

    This post originally appeared at Sightline’s Daily Score blog.

    Related Links:

    Lowering income taxes while raising pollution taxes reaps great returns

    Filling our short-term fossil-fuel needs

    Can we get some attention for our issues now?






  • New Herbert Richter HTC HD2 mount includes kick stand

    hd2fajnapodstawkabiurkowain

    Herbert Richter is well known for their modular car mounts, allowing one to simply change the holder when you change your smartphone.

    The German company has now release a dedicated holder for the HTC HD2 that fit their suction mounts, and for buyers it includes a nice extra – a kick stand that can be used to hold the device in the upright position on a desk for example.

    The holder can be purchased in various online stores, including at Expansys for a slightly more expensive £13.99.

    Via PDA.pl.


  • Closing Bell: Here’s What You Need To Know About Today’s Ugly Market

    germanbeergirl.jpg

    Here’s what you need to know as you leave work today:

    • Short term Greek credit rates are getting hammered as private investors have begun to pull out of the economy. 6-month Greek debt bills now yield 6.60, and have a 313 bps spread against the German bund.
    • Today’s treasury auction resulted in lower than 4% yields, a positive for markets. We believe this is a sign of a flight to safety away from what is now perceived as risky European debt.
    • Alan Greenspan humiliated himself testifying before the Financial Crisis Inquiry Commission, refusing to apologize or acknowledge his mistakes. Jim Grant complained that Greenspan was never willing to acknowledge those who were right and, “just wanted to be liked.”
    • Ben Bernanke has outlined the aging population as the biggest threat to U.S. economic growth. This points out the fact that the civilian employment ratio is likely to continue to decline.
    • The DJIA (.60%), S&P 500 (.49%), and NASDAQ (.20%) are all down at close.
    • Crude oil, natural gas, and heating oil have all fallen off over 1% as a result of the negative consumer credit data, which implies lower demand.
    • Gold has shown a sharp gain of 1.3%. The U.S. dollar is slightly up against the euro and pound, and slightly down against the yen.
    • AIG is up 10.53% today.

    Join the conversation about this story »

  • Angel market holds steady in 2009, but seed-stage deals change

    The 2009 angel investor market exhibited a modest decrease in investment dollars but little change in the number of investments, while significant changes occurred in the critical seed and start-up stages, according to the 2009 Angel Market Analysis by the Center for Venture Research at the University of New Hampshire (UNH). Total investments in 2009 were $17.6 billion, a decrease of 8.3% over 2008, when investments totaled $19.2 billion. However, 57,225 entrepreneurial ventures received angel funding in 2009, a 3.1% increase from 2008, when 55,480 entrepreneurial ventures received angel funding. Active investors in 2009 totaled 259,480 individuals, compared to 260,500 individuals in 2008. The small decline in total dollars, coupled with the increase in investments, resulted in an 11.1% decline in deal size from 2008, according to Jeffrey Sohl, PhD, MBA, professor and director of the Center for Venture Research in UNH’s Whittemore School of Business and Economics.

    At 19%, software accounted for the largest share of angel investments in 2009, followed by health care services/medical devices and equipment (17%), industrial/energy (17%), retail (9%), and biotech (8%). “Industrial and energy investing saw a significant increase from 2008, reflecting a growing appetite for green technologies,” Sohl says. Mergers and acquisitions represented 54% of angel exits in 2009, while bankruptcies accounted for 40% of exits. Annual returns for angel exits (mergers and acquisitions and IPOs) varied from 23% to 38%.

    Overall, angels decreased their investments of seed and start-up capital. Thirty-five percent of 2009 angel investments occurred during the seed and start-up stage, a 10% decrease percent from 2008. First sequence investments in 2009 also represented a significant decline from the previous two years, at 47% of angel activity. However, angels exhibited increased interest in post-seed/start-up investing, with 62% of investments in the early and expansion stage — an increase over 2008 commitments. “This decrease in seed/start-up stage and first sequence investing is the unfortunate reality of a difficult economy and little or no support for angels — or the companies they invest in — from the various legislative initiatives enacted to stimulate the economy,” Sohl says. To read the report, “The Angel Investor Market in 2009: Holding Steady but Changes in Seed and Startup Investments,” click here.

    Source: News Blaze

  • 2011 Ford Mustang GT: Smoking Tire Style.

    Matt Farah, host of the SmokingTire.com has been reviewing cars now for quite some time. He started out on Fast Lane Daily, jumped to Garage419 (his own show btw) and now has the Smoking Tire. Hell, I even co-hosted a show with Matt on Sirius Satellite radio not too long ago. He’s good, honest and quite frankly a hoot to watch. Here we see Mr. Farah putting the new 412 HP Ford Mustang GT through its paces on what looks to be Mulholland Drive out in sunny California. Matt was very cool and collected on camera, but I can almost guarantee that once the camera light went off there was some serious hoonage taking place in the new GT.

    Source: Cardomain.com


  • Murdoch Getting Lonely Inside His Walled Garden

    Rupert Murdoch, the octogenarian chairman of News Corp., was at it again during a recent National Press Club interview at George Washington University — it being his routine bashing of news aggregators such as Google and Yahoo (although Google is typically the only one Murdoch mentions during his tirades), along with a call to arms for the newspaper industry, which Murdoch says must eventually embrace paywalls whether it wants to or not. Readers might not like them, the News Corp. founder said, but will wind up paying for the news “when they’ve got nowhere else to go.” The Murdoch-owned Times of London and Sunday Times are both expected to launch pay access in June. According to a number of reports about the interview, Murdoch said:

    We are going to stop people like Google or Microsoft or whoever from taking stories for nothing…there is a law of copyright and they recognise it. They take [news content] for nothing. They have got this very clever business model.

    He also said of the iPad:

    I got a glimpse of the future last weekend with the Apple iPad. It is a wonderful thing. If you have less newspapers and more of these…it may well be the saving of the newspaper industry. It doesn’t destroy the traditional newspaper, it just comes in a different form.

    But it is Murdoch’s comments about “having nowhere else to go” that are the most revealing when it comes to the aging newspaperman’s real agenda, because the reality is that News Corp. putting up paywalls at all of its newspapers isn’t going to really succeed unless everyone else does so as well. Ever since he decided not to remove the paywall at the Wall Street Journal — something he had hinted he might do before buying the paper — Murdoch has been trying desperately to get a bandwagon rolling on the issue, to get as many other major newspapers to join him in erecting paywalls.

    Even if News Corp.’s strategy is more about shoring up the declining readership of the print product than about reaching new online readers, the fact is that Murdoch is going to have a hard time of it if he is the only one blocking off his content.

    Then readers will have somewhere else to go — to his competitors, such as The Guardian, which has repeatedly argued against paywalls and has an entire content distribution strategy based on free access and an open API (application programming interface) that allows anyone to use the paper’s content. A bandwagon of one isn’t going to do much good, and Murdoch knows it — which is why whenever he’s handed a microphone he sings the same song.

    Post and thumbnail photos courtesy of Flickr user World Economic Forum.

  • Space Station crosses the dark side of Moon! | Bad Astronomy

    NASA’s Image of the Day posted a fantastic shot: the International Space Station crossing the face of the Moon:

    iss_moon

    Wow! You can just make out the shape of the ISS. And don’t let the relative sizes fool you: the Moon is about a thousand times farther away than the space station. It’s a wee bit bigger.

    And don’t forget that right now Discovery is docked to ISS. Check for them in your night sky!

    Image credit: Fernando Echeverria, NASA


  • What I Want To See In The Next iPhone OS

    iPhone 3GSWith Apple due to reveal the next generation of the iPhone operating system this Thursday, now is as good a time as any to discuss what we can hope to see in the upcoming fourth version of the mobile OS. You’ve already seen Patrick’s take, now here’s mine.

    The last major update to the iPhone’s operating system arrived last June, bringing with it many desired features. Highlights from the 3.0 update included the long awaited copy and paste, in addition to features such as spotlight search and voice control. But what can we expect from tomorrow’s 4.0 unveiling?

    Custom Message Alert Tones

    A small request and one that has bugged me ever since I bought my iPhone. I simply want the ability to customize my ringtone for when I receive an SMS. If it can be done for calls, why not for texts? But why stop there? When in a room full of iPhone owning friends, it can often prove annoying to hear the email notification noise every few minutes, let users customize that too. Choice is a beautiful thing.

    App Navigation

    iPhone users tend to have a lot of applications installed, so it comes as no surprise that these app-addicts want a better way to organize their growing collection of mobile software. Thankfully Apple is aware of the problem and introduced a visual way to organize apps in iTunes 9. However, beyond the occasional iTunes reshuffle, the daily on-device swiping to find that specific app is way past tedious.

    Many alternatives have been presented as a solution, including stacking, page overviews, category views, and more. A personal preference would be the introduction of folders. A folder could be presented just like any other application icon, which when pressed dug down into a page of specific apps. For example, a folder containing news applications, with another housing all of a user’s games. This would not only make it easier to find a specific app, it would also offer more breathing space to those more commonly used.

    Improve The Lock Screen

    A locked iPhone currently provides very little information at-a-glance. Adding information such as today’s calendar events, local weather and any missed calls or messages would offer up a much more useful hub for quick scanning. Of course if Apple were to add all this data to the lock screen it could turn off users who prefer the current minimalist version. A simple section in the device’s settings app could make it easy for users to pick and choose what information is displayed.

    Wireless Sync

    Picture this: You get home and your iPhone instantly connects to your home networks Wi-Fi, within seconds your iPhone realizes that your MacBook Pro is also connected to the same network. Once a connection is made your device begins to sync all your photos, notes, messages and anything else you choose, straight to your laptop, creating a seamless backup, all of which happens in the background, over the air. Sounds great right? Hope it sounds great to Apple, too.

    What do you want to see?

    The dream-features detailed above are just a representative selection. Plenty of other requests for the future of the iPhone’s OS have been suggested, some great, others not so much. I’d love to hear about your own feature requests in the comments.

  • NASA’s New Underwater Robot Chugs Along Indefinitely on Ocean Power | 80beats

    solo-trec

    After five years of research and three months of testing off the islands of Hawaii, scientists say the first underwater robot explorers powered solely by the ocean are ready for use. So far, all vehicles exploring the depths of the oceans have faced the possibility of running out of fuel, which made scientists wonder if there was any way that the ocean itself could power the vehicle. The answer came in the form of the Sounding Oceanographic Langrangrian Observer Thermal RECharging vehicle (or SOLO-TREC, for short)–a vehicle driven entirely by the natural temperature differences found in the ocean.

    The vehicle, a joint project involving NASA, the U.S. Navy, the Scripps Institution of Oceanography, and the University of California at San Diego, completed its testing phase successfully, and scientists hope it can soon be deployed for research projects around the world. Researchers say this technology breakthrough could usher in a new generation of autonomous underwater vehicles capable of virtually indefinite ocean monitoring for climate and marine animal studies, exploration and surveillance [PhysOrg].

    NASA’s Jack Jones says the fact that the robot just keeps going and going, like an aquatic Energizer bunny, brings humanity a little closer to an impossible dream: “People have long dreamed of a machine that produces more energy than it consumes and runs indefinitely…. While not a true perpetual motion machine, since we actually consume some environmental energy, the prototype system demonstrated by [NASA’s Jet Propulsion Laboratory] and its partners can continuously monitor the ocean without a limit on its lifetime imposed by energy supply” [CNET].

    SOLO-TREC works by harvesting temperature changes within the oceans’ waters as it moves vertically between warmer, shallower waters and the colder depths. Ten tubes filled with waxy substances called phase-change materials are crucial to its operations. When the water is warm, the substance melts and expands; when it’s colder, it solidifies and contracts. The expansion of the wax pressurizes oil stored inside the float. This oil periodically drives a hydraulic motor that generates electricity and recharges the vehicle’s batteries [PhysOrg]. These batteries then power the float’s hydraulic system, which changes the robot’s buoyancy and allows the float to move vertically, and also power the explorer’s on-board systems like GPS and communication devices. Since November, using only the energy generated by the ocean, SOLO-TREC has completed more than 300 dives, reaching depths of 1,640 feet.

    The JPL/Scripps team now plans on using the robot explorer for a variety of projects, with Russ Davis, a Scripps oceanographer, saying: “With further engineering refinement, SOLO-TREC has the potential to augment ocean monitoring currently done by the 3,200 battery-powered Argo floats” [PhysOrg]. The international Argo array has been used to measure temperature, salinity, and velocity across the planet’s oceans.

    Here’s a map of SOLO-TREC’s journey off the waters off Hawaii:

    earth20100405b-full_610x386

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    DISCOVER: Sweeping The Ocean Floor
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    Image: JPL/NASA