Cole's Notes - The Sunday Journalist

I often read Ben Stein’s Diary on the American Spectator   – and they are great little pieces of nostalgia and celebration of the small things in life that should be enjoyed.  Ben is at that time of life were he has the ability to sit back and “smell the roses” as he gives thanks for each day.  A great way to live.  What I enjoyed about a recent column wasn’t the column itself, but rather the postscript.  From Far Away From the Panic . A LITTLE POSTSCRIPT. I notice that the papers and the Internet talk about the big losses on the stock markets yesterday as being based on "...waves of investor panic..." Nonsense. The selling is done by billionaire traders and immense hedge funds and high frequency traders who seek to make money by selling, then tricking others into selling even more, then covering their shorts at lower prices. This is not Ma and Pa Kettle calling their broker and selling their 1000 shares of AT&T. It is cynical, calculated m...

Aristophanes once wrote, roughly translated; "Youth ages, immaturity is outgrown, ignorance can be educated, and drunkenness sobered, but STUPID lasts forever."

Aristophanes once wrote, roughly translated; "Youth ages, immaturity is outgrown, ignorance can be educated, and drunkenness sobered, but STUPID lasts forever."

Rush Limbaugh On the S&P downgrade World War II, we had a AAA credit rating, and we lose it now, and for what? For what great purpose did we lose it? Except an ideological hatred of American capitalism and a love of class warfare, what did we lose our AAA rating for? A naked effort to get still more and more money to buy votes. A never-ending quest for power, that's why we lost our AAA credit rating. Get it all Here

American Thinker - Obama's Failed Presidency “The Obama Presidency is over. He has abdicated all responsibility to the Congress, in particular the House of Representatives, which has little choice but to assume a role they are not structured to do: lead the country as best they can until November 2012. The American people, suffering under the burden of high joblessness, eroding housing values, inflation and dramatically declining economic growth with no prospect of any immediate relief, are increasingly resigned to the fact that they must focus on surviving as best they can until the election.” Read it all

I was reading this Salon’s Article about how the energy industry is changing.  I found this quote to be very apt… Another casualty of energy abundance is the new urbanism. Because cars and trucks and buses can run on natural gas as well as gasoline and diesel fuel, the proposition that peak oil will soon force people around the world to abandon automobile-centered suburbs and office parks for dense downtowns connected by light rail and inter-city trains can no longer be taken seriously. Deprived of the arguments from depletion, national security and global warming , the campaign to increase urban density and mass transit rests on nothing but a personal taste for expensive downtown living, a taste which the suburban working-class majorities in most developed nations manifestly do not share… read it all What brought this to mind is the recent local town meetings about the North LRT line.  I’ve been wondering why the city transportation department and the thought of w...