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Articles Posted by Nuc1

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  • The True Intent of Health "Reform"

    12/26/2009 1:28:19 PM PST · by Nuc1 · 23 replies · 1,119+ views
    The Market Ticker ^ | 12/25/09 | Carl Denninger
    There are two interesting articles in the WSJ relating to the "Health Reform" bill, one by Karl Rove and the second coming from The Heritage Foundation, a conservative think tank. Let's first talk about Karl Rove: Taxes start going up now, Medicare cuts begin after next fall's election, and spending for subsidies commences in five years. The price tag is not the first decade's announced $871 billion cost: It is $2.4 trillion. That's the cost of the tax credits in insurance exchanges, and the additional Medicaid costs the reform generates, over the first 10 years it's fully up and running,...
  • Thou Shalt Steal

    12/25/2009 12:49:33 PM PST · by Nuc1 · 18 replies · 895+ views
    Market Ticker | 12/22/09 | Karl Denninger
    Well well well... Tim Jones, parish priest of St Lawrence and St Hilda, told his congregation in York, northern England: "My advice, as a Christian priest, is to shoplift." Jones, who according to the church Web site previously worked in Corinth, Mississippi, made his comments about what he regarded as acceptable behavior by those in need when they were desperate. In a transcript of his sermon published in the local newspaper, "The Press," Jones said: "I do not offer such advice because I think that stealing is a good thing, or because I think it is harmless, for it is...
  • Senator Lamar Alexander On Nuclear Energy

    10/26/2009 4:29:05 PM PDT · by Nuc1 · 11 replies · 333+ views
    Senator Lamar Alexander | Unknown | Senator Lamar Alexander
    Senator Lamar Alexander on new nuclear development. Communications experts say that fear is the best way to get attention when you're trying to win an argument. Groups who oppose nuclear power have certainly mastered that technique by playing to economic, environmental, and safety fears. So I'd like to introduce a little element of fear into my argument here. I want to suggest what could happen if we don't adopt nuclear power as a more important part of our energy future- if Russia and China and a lot of other countries go ahead with nuclear - as they are now -...
  • How Turkey Was Lost

    10/20/2009 10:23:32 AM PDT · by Nuc1 · 51 replies · 1,256+ views
    Townhall.com ^ | 10/19/09 | Caroline Glick
    Once the apotheosis of a pro-Western, dependable Muslim democracy, this week Turkey officially left the Western alliance and became a full member of the Iranian axis. It isn't that Ankara's behavior changed fundamentally in recent days. There is nothing new in its massive hostility toward Israel and its effusive solicitousness toward the likes of Syria and Hamas. Since the Islamist AKP party first won control over the Turkish government in the 2002 elections, led by AKP chairman Recip Tayyip Erdogan, the Turks have incrementally and inexorably moved the formerly pro-Western Muslim democracy into the radical Islamist camp populated by the...
  • "Here it Comes"

    01/31/2009 5:57:26 PM PST · by Nuc1 · 34 replies · 1,054+ views
    market-ticker.org ^ | 01/31/09 | Karl Denninger
    I've noted that a few people have cast questioning eyes at my triangle, and the 210 target off it. Some have claimed that I should be using a log scale on that chart. Yeah, yeah. I've heard that. Now let's look at what we've learned the last few days, weeks and months: California appears to be functionally insolvent. As in now. How far is the state from widespread inability to pay police officers and firemen, and how long does it take before widescale riots break out when those who leach off the government teat for a living have their checks...
  • Let's Grow Up, Conseratives (Petulant Children Alert)

    02/03/2008 6:50:53 AM PST · by Nuc1 · 153 replies · 107+ views
    The Weekly Standard ^ | 02/11/08 | Fred Barnes
    The story from California last week was bound to alarm conservatives. Governor Arnold Schwarzenegger endorsed John McCain for president at a solar technology plant. Rudy Giuliani, who's also backing McCain, joined the lovefest as an uninvited but very welcome guest. And McCain talked about the Republican party as a "big tent," a phrase often used as code for appealing to moderates and ignoring conservatives. It's not that bad, though. McCain, now the likely Republican nominee, seems to understand that his first order of business is not merely mollifying conservatives but winning them over and unifying the party. "The important thing...
  • And Shariah For All

    09/15/2007 7:59:52 AM PDT · by Nuc1 · 29 replies · 852+ views
    Townhall.com ^ | 09/15/07 | Diana West
    The story of the week wasn't Gen. David Petraeus' testimony on Iraq, although it dominated the headlines. The story of the week wasn't the sixth return of Sept. 11 since the jihad atrocity of 2001, although it inspired many public statements and ceremonies. The week's biggest story garnered little press and few comments. But, in a significant way, this overlooked story -- an outrageous display of police force in Brussels on Sept. 11, 2007 -- symbolizes the missing link in our flawed comprehension of both Iraq and Sept. 11. There, in the so-called capital of Europe, 200 people marked the...