Steve's barking when is 3% more then 3%

When is 3% more then 3%? When it's compounded.
Current rate of return on 30 year treasuries are over 3%. This is extreamly low rate of return.
Assume that the interest is used to buy more treasuries for a pension, those who claim that pensions can only get 3% returns are wrong.

Steve's barking Oh no I didn't write that or I really like being a curmudgeon.

I've been reading from some libertarians due to the disclosure by Snowden of domestic ease dropping they quote Ben Franklin.
Those who would give up liberty to purchase safety deserves neither liberty or safety.
The actual quote is
Those who would give up essential liberty to purchase a little temporary safety deserves neither liberty or safety.
With those 3 extra words the quote by Ben Franklin does not have quite the same meaning.

I don't have the same worries as some have about income inequities, I worry more about life inequities.
Too many of those high money types worry that the poor will get enough to eat, have a decent place to live and heaven forbid cable television and smart phones, like it's going to change the life style of the rich and famous.
Some times I suspect that there are people in the world who would be happy if the less fortune in the world turned into cows.

  
Why are we so worried about athletes who cheat when our bankers have a greater percentage of cheaters then baseball?

Steve's barking I don't know much about much about global warming.

Climate change (some times know as global warming is here to stay.
I read in one of my e periodicals that I subscribe too in one hundred years Miami, Boston, and my hometown New York City would no longer exist. The oceans will rise 17 feet. I assume that means that all the Arctic Ice will melt. I don't know much of science nor  math but I guess that means that all the Arctic Ice will melt with the resulting melting ice from two opposite places at the ends of the earth equals a displacing all the ice with 17 feet of water times the whole of all the oceans. To be quite honest I don't know how many mega tons of ice there is out there and what the ratio of melted ice turning to water but I kind of think that no matter how much ice there is at the top and bottom of the world the rising of the ocean levels to 17 feet is quite an accomplishment by mother nature, especially if evaporation ratio goes up do to the excess heat.

Now I read in another e periodical from some one with a strange idea that we're having rather server storms due to the lack of floral carbons in the air. What are floral carbons one may ask, those are the things that were banned in the early seventies because they were creating the new ice age. The floral carbons in the atmosphere prevent the heat of the sun from coming down to earth, hence creating a very cold earth.
The writer of this article because nothing is stopping the sun from heating up the oceans at any given time the storms tend to be stronger. Is that true? I have no idea.    

What I do believe we have created so much carbon  gas in the atmosphere were trapping the heat from the sun like a greenhouse. It takes years for this gas to dissipate. Despite what  the top scientist are telling us we have crossed the Rubicon and the only the only way to stop carbon gas from going into the atmosphere is to end the way we live. An other way is to try to counter balance the trapped heat. As far as floods and droughts perhaps ( this will sound like science fiction) store flood water and move excess water to parched places on earth.

Steve's barking Fla and Arizona hurt by Detriot's bankruptcy

Arizona and Florida will be hurt by Detroit's bankruptcy and Detroit's not even in those states.
Arizona and Florida are prime retirement areas for Northern retiries
Assume that pensions will be reduced due to backruptcy, there is a claim of underfunding by new wave actuarials. Reduced retirement income is not out of the question ( see Southern Europe).
If Detroit can reduce retirement income can other city and states be far behind?
Reduced retirement income from Northern civil servants would make it harder for the retiries to live in retirement states hurting those states.

Steve's barking let Snowden go

If I was the Pres, I would issue an order that Snowden could go to any country that we don't have an extradition treaty with. We would give him a 48 hour temporary passport and not interfere with any flights out of Russia.
Let's face facts, he's the fourth person from the NSA who has stated the same thing about the US government listening in to our personal conversations. The other three were charged with the same crimes as Snowden, and only one of them got anytime and that was one year.
By not letting him go to any country that would take him we've turned him into a martyr and an embarrassment for our friends and trading partners.

Steve's barking at a nation of law breakers

We in the United States are a nation of law breakers.
We (I) think nothing of driving at 65 miles in a 55 mile zone and think that it's alright.
When I was a smoker I would smoke in bed though it was dangerous and in New York City against the law.
Governments (city, state and federal) like to play fast and lose with the fourth amendment (that amendment stating that the right  of the people to be secure in their persons, houses and effects against unreasonable searches searches and seizures shall not be violated, and no Warrants shall be, but upon probable cause.
Does New York City have the right to stop and search anyone with maybe the exception is saving life and limb if one believes in the wording of the fourth amendment.
The sixth amendment specifically the right of the accused the right to a speedy and public trial. I can't recall a speedy trial.
The eight amendment clearly states excessive bail shall not be required. How many times have I read about million dollar bail for simple prostitution?  How many times have I read about bail for simple marijuana possession were the accused had no means to meet bail?

Steve's barking that Congressman Ryan opened the door for a European style healthcare system.

Congressman Paul Ryan opened the door for a European type healthcare system in the United States.
To be more specific the German Healthcare system.
Now how can that be?
He proposed that in the future (those who are now 55) seniors in the US would get vouchers which would be used to buy health insurance on the open market. Now as I recall the voucher would pay the amount that is equal to the second lowest health insurance in the local area.
What would happen if some brave public official would say that they agree as long as every American no matter the age should be entitled to the same style healthcare. Wouldn't this start a debate as too a truly universal healthcare in the US.
This program wold be similar to the Universal healthcare in Germany, and I say why not. We stole Social Security from them why not their healthcare system.  

Steve's barking Why I'm voting for number nine

I'm voting for Elliot Spitzer for comptroller out of loyalty.
As a former New York State worker I have to vote for the governor who gave decent raises (perhaps a little too much) that when all is said and done allowed me to retire without too few money worries.
He was also the governor who saw that state workers are partners in government not adversaries as the present governor does. As governor he wanted his auditors to be proactive as compared to what too many in government want and that's to be reactive ( if enough people make a complaint  we'll have our auditors look at it).
Was Elliot Spitzer too aggressive some times, and not showing enough compassion to people who broke the letter of the law but not the spirit? Yes.
Hopefully in his future endeavors he will show a little more understanding.

If we only elect candidates who never broke the law, then we would have almost no electable candidates.

My only worry about Elliot Spitzer as Comptroller of NYC is that this is a company ( Two major industries) town, and the finical heads can be very spiteful.          

Steve's barking at being duped again

Yesterday while looking at one of the many news blogs that I have an apps too an article stated Samsung was paying Apple was paying a Billion dollars in nickels for the patent infringement case it lost. Sending the nickels by 30 trucks. Like the idiot I am some times and also being tired I believed it and was trying to put the article on my Facebook page. Just to be on the safe side I check for other sources. The other sources showed me that it would be impossible to pay a billion dollars worth of nickels  in with only thirty trucks and it would take 20 billion nickels to make one billion dollars. That's probably more then all the nickels in circulation. Of cause I should have known better the picture net to the story was of pennies being dumped out of a truck.

 

Steve's barking at the importance of velocity

I was doing my surfing on the tube the other day when I believe I heard an ex-governor of the FED say that velocity in the money supply is unimportant because it's not constant. I most be from another world or I didn't hear right, velocity in my word is exceedingly important.
High velocity is can generally a precursor to inflation, slow velocity generally means deflation and high unemployment. In my world velocity is almost if not more so in this day and age M1, M2, M3, and M4.
Strangle the velocity murder the economy.   

Steve's barking let's zap the children

The way teaching children is going in the US education systems with standardized test and standardized teaching I can see in the future that all children will be taught from a interactive computer. A monitor who will be making minimum wag will strap the child into his or her seat putting earphones on their heads so as not to disturb other children. when it's time to find out if the child has learn the lesson an interactive test will be given. A wrong answer would be given a warning, a failure on the test the child would get a mild shock.
Children will understand that they must pass the test or be punished. The fear of being zapped will make them better students. The school system will become highly cost effective as there would no longer a need for teachers and their high salaries and pensions.
  

Steve's barking at giving up my privacy

I started  many years ago to give up my freedom by opening a back account.
I used direct deposit., my bank then knew were I worked. Now my bank knows that I'm on social security. I have cable telelivision, the cable company can know what I like to watch.
I use a google, aol, safari, and what ever micrsofts Internet gateway to the net is.
Guess what, I get pop ups advertisements tailered to what I'm looking at.
Lets not forget facebook, I now have more adds then I then I do friends posting.
If anyone wanted to know what what I made my last year of work and what my pension is they can look it up on the net the benifit of some private and non profits. There are even some firms that for a fee can tell you what kind of car I drive including my license plate numer, how long I lived at every place I have lived at. They probably can tell what kind of breakfast food I eat in the morning.

Now if I was a person of some notariotaty I would have reporters going through my trash, and photographers showing pictures of how heavy I've gotten in the last thirty years.

Am I worried that my government can and maybe has peek at my privacy? The answer is no.
Am I upset that my government violates the constition? The answer to that question is yes.
I also realized from the time of the our second president, the constition has been ignored and misinterpreted.

Steve's barking those who should thank Snowden

Those who should thank Edward Snowden.
All those American Union guys who don't have to fight for their jobs because of another free trade deal that negotiations may fall apart because of Snowden blowing the whistle.
All those European heads of state who continue to unleash unrealistic economic hardship on the population of Europe who now have a place for the people to look at that's not them.
All those foreign leaders who can now say look in the mirror to the United States.

There are a lot more would be terrorist in Europe, do you think that listening to there conversations helped.
Did they have another country help them out?    

Steve's barking, I'm shock there's gambling in the back of Ricks

I'm shocked there's gambling going on in the back of Ricks, or as the EU might say America is bugging our conversations, we're shocked. Germany taking the lead saying US you g ot some (ex)plaining to do.

I always thought it was the right of passage between nations, even ones that are allies to spy on one another.
Hay look at the US and Israel. Every five or so years we throw a Russian diplomat out of the country and they do the same to us for spying. We want to know what our NATO allies are doing and I'm sure they want the same from us.

In the late fifties and early sixties the CIA had so many goofs that some one gave them the nickname certified incompetent agency, what will the NSA be called? The not (very) smart agency.

We had Bradley Manning in the Army and Edward Snowden volunteering to do the glamorous yet tedious work of looking at  and or ease dropping on telephone conversation and e-mails. They knew what  they were doing yet they were shocked ( were they naive) at the carrying on of the government.

I was in the park the other day and this child maybe 9 or ten starting to annoy this senior citizen. The senior got angry and the child laughed at her. The senior started to chase the child, which made the child taunt the senior more. This incident made me think, perhaps these leakers were going after there iner-child and if we    ignored them that would be there greatest punishment.