Archive for February 9, 2009

Ouch! There goes the exchange rate again

Posted: February 9, 2009 by datechguy in doctor who, employment, hobbies
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Was looking at some items at eBay and noticed the British Pound exchange rate had gone back up to about 40% rather than the 30 it had been. Went to the Big Finish site to check and sure enough subscriptions in US dollars for a year went from $192 to $208 for the main series and about $6 higher for the companion chronicles.

It’s a tad frustrating when you think that you could have gotten it cheaper if you just gave it and purchased when the price is lower but then again $5 when you are unemployed is a lot more expensive than $10 when you are working.

It’s been about a week since my Instalance and as you can see my stats have returned to their previous level.

instalance

It can be quite humbling when your views go up by a factor of 30 the first day, drop to a factor of 15 the second and then just settle down to normal but better to have lanced and sunk then never to have been lanced at all.

My Economic Plan B

Posted: February 9, 2009 by datechguy in opinion/news
Tags:

There seems to be a fair amount of people who don’t agree with my plan of doing nothing. Who will not be inspired unless actual government action takes place. For all those people here is my personal plan B for recovery:

Step 1 Stopgap measures for immediate relief:

1. Extension of unemployment benefits.
An additional 13-26 weeks of unemployment is funded federally. This will buy time for the other actions to take place and or effect. This will keep people currently looking for a job from defaulting on bills or going on aid, hurting the economy and depressing business.

2. Repeal of payroll tax indexed to the unemployment rate:
Set a sliding scale where the payroll tax would be reduced and/or deleted based on the current unemployment rate. This would not only effect all workers but can be scaled based on the current rate so a proper balance can be made between taxation and relief.

3. 3 month infrastructure review:
Each state will be required to in 3 months present a report on the current state of infrastructure prioritizing the most critical projects. The states will do this individually and will be granted a limited amount of funds to do this. This will accomplish two different things:

a. It will give a list of actual projects and costs that will be publicly presented and prioritized. Considering the emergency this will also allow people on the state level closest to the issues to make these decisions

b. It will give time to study and have hearings on any other potential recovery/stimulus/tax cut ideas without rushing a bill, thus people can make the case for their opinions with proper review.

Step 2 Stimulus funding:

4. Funding:
Once the reviews are done the specific projects will be funded. Projects selected will be based on the priorities set by the states with electoral vote being the tiebreaker projects will be federally funded. States will be given the choice of 90% funding with no adjustment for any future overruns or 75% federal funding with 20% overrun protection.

In addition any other funding/tax breaks etc that has gone through committee successfully can now get their votes.

The advantages over the current situation are huge:

All funding is reviewed and get actual hearing on the local and state level. It is defended or rejected accordingly

Relief to the newly unemployed and the still working takes place at once.

Since major funding is delayed 3 months it gives us flexibility to react to market or other actions that come up before the day.

It gives a specific time table, markets love time tables and certainty.

I still rather have my plan A but never let it be said that I don’t have a backup.

Via Israellycool Rowan Laxton a high-ranking British diplomat. Who made the big mistake:

Stunned staff and gym members allegedly heard him shout: ‘F**king Israelis, f**king Jews’. It is alleged he also said Israeli soldiers should be ‘wiped off the face of the earth’.

His rant reportedly continued even after he was approached by other gym users.

After a complaint was made to police, Mr Laxton was arrested for inciting religious hatred through threatening words and behaviour and bailed until late next month.

His big mistake was not saying publicly what a lot of Europeans actually think. At the rate things are going hated of Jews is going to outstrip Soccer as the favorite sport of Europe. His mistake was saying it while being a white European, not a Muslim.

If he had converted he might have had a chance to avoid charges but believe me if he was not a white European the other people in that Gym would have been too afraid to say a word.

That’s a real horrible thing to say, what’s much more horrible is it is true.

I’m not a fan of speech laws, I think this idiot should have the right to be as much of an idiot as he wants but if you are going to have stuff like this, enforce it on everyone.