Quantitative Easing Explained with Humor

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Weahterization Site

Excerpt from The Government’s Weatherization Site – Should We Laugh or Cry?

I’ve frequently griped about the way government spends money, and about some of the wasteful policies and programs it has established. However, there is one program (at least) that I believe in. Government funded home weatherization for people/families with low incomes. It makes sense on several levels. The home improvements are costly for someone living paycheck to paycheck, yet the energy savings from winterizing a home can be substantial. No one with a heart wants to see people in cold climates without heat. Also, the reduction in energy for that home is good for the individual, for the community, and even for the earth. Simply put it’s a practical useful government expenditure.

So what’s the complaint? The Weatherization & Intergovernmental Program website. First off, the name itself alludes to the problem with the site. I’m not sure I’ve ever heard a person use the word ‘intergovernmental’ in a sentence before, and it is the unintelligible nature of the website that is the problem. This is the opening paragraph of the website…

The U.S. Department of Energy (DOE) Weatherization and Intergovernmental Program provides grants, technical assistance, and information tools to states, local governments, community action agencies, utilities, Indian tribes, and overseas U.S. territories for their energy programs. These programs coordinate with national goals to reduce petroleum consumption and increase the energy efficiency of the U.S. economy. They aim at market transformation to reduce market barriers to the cost effective adoption of renewable energy and energy efficiency technologies.

Well, I’m glad to hear that, “They aim at market transformation to reduce market barriers to the cost effective adoption of renewable energy and energy efficiency technologies.” Seriously, they can’t say something like – we’d like more people of modest means to be able to weatherize their home?

Finish reading - The Government’s Weatherization Site – Should We Laugh or Cry?

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Stocks Down Early

Stocks open lower today...

From Yahoo/AP

NEW YORK (AP) -- Stocks retreated Tuesday following new worries about rising inflation in Asia and the possibility Ireland might need a bailout.

The Dow Jones industrial average fell 73 points in morning trading. The losses piled up even as shares of two components of the index, Home Depot Inc. and Wal-Mart Stores Inc., rose more than 2 percent following improved earnings.

Asian markets fell overnight after South Korea's central bank raised interest rates to curb growing inflation. There has been speculation in recent days that China will have to take similar steps soon.

A report in the U.S. showed inflation at the wholesale level was smaller than predicted. The producer price index rose 0.4 percent last month, half of what economists' expected. The rise was due to a sharp increase in food and energy costs. Stripping out those volatile costs, prices fell 0.6 percent. The report backs up the Federal Reserve's view that inflation remains low because of sluggish growth.

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Democracy Advocate Released

Aung San Suu Kyi was freed this weekend after years of house arrest in Myanmar/Burma. This staunch advocate for democracy in Burma was asked by CNN about a way forward...

from Suu Kyi calls for dialogue with Myanmar government

"We have to work together," she said. "That is the main message. Those inside the country have to work together and also those supporters outside."

Suu Kyi had much the same message for her supporters Sunday, telling them in a speech, "I'm not going to be able to do it alone. You've got to do it with me. One person alone can't do anything as important as bringing change and democracy to a country."

"We would like to form a network of people working for democracy," she told CNN Monday, and said she would like to open a dialogue with "those who are in a position to do something, to change the situation in Burma for the better."

She said she has had no contact with Gen. Than Shwe, Myanmar's top military leader and head of state. Asked what she would say to him, she said, "I think what we are looking for is dialogue, so I'm not just thinking about what I have to say to him. I think what we have to think about is what we have to say to each other."

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Online Giving

Below are a handful of quality charities worth looking into. These provide either a practical application for charitable work, or provide a different look on how charities can be viewed.Hire a Veteran
CGI
Online Charity
International Charity
US Education

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The Generous Spirit of the CAI

The Central Asia Intitute is a remarkable organization providing education, and specifically focusing on girls education in Pakistan and Afghanistan. On their website they list the following as just a part of what they have accomplished so far...

Education Projects

Education
145 schools fully or partially supported
1200+ fully or partially supported teachers
School library projects
824 graduates from Porter Training Program
Teacher Training Workshops
64,000 students educated, including 52,000 girls

The books written by Greg Mortenson - 'Three Cups of Tea' and 'From Stones to Schools' follow the establishment and activities of the CAI. They wonderful books that will make you feel good about the generous spirit of so many people in Asia and America alike.

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Will Congress Come Together to Work on Energy Reform

Excerpt from Purple People Vote for Moderate and Independent Voters

The elections are over, the House is controlled by Republicans and the Democrats no longer have a super-majority in the Senate. So the question now is, ‘Can they work together?’ Only time will tell.

However, there is one issue (at least) that lends itself to bipartisan compromise – Energy. There are all sorts of good reasons to want a substantive energy policy. In fact there are so many reasons for addressing energy policy that Republicans and Democrats don’t have to be motivated by the same rationale…

The socio-political rationale: We purchase much of our oil from dangerous and volatile regions of the world that often don’t like the U.S. very much.

Environmental rationale: Energy derived from fossil fuels is not good for the environment.

Supply rationale: Some day we will run out of oil and coal.

Economic rationale: High energy costs and fluctuating energy costs negatively impact the economy in numerous ways...

Continue reading Will Congress Have the Backbone to Address Energy?

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