Rebane's Ruminations
January 2010
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Month: January 2010

  • George Rebane The devastating earthquake on Tuesday (12jan10) that pretty much leveled the Port-au-Prince region of Haiti is almost too big to get my mind around.  Thinking about the real size of that disaster must include the world’s response to it, and it promises to be colossal. Haiti is a country that by all objective…

  • George Rebane Windfall profit taxes on bankers Green Banks fund green jobs We are now assured that the feds will slap an extra tax on “windfall profits” that banks make from future risky investments.  These are the kinds of government induced investments that inflated the last bubble of outlandish real estate prices and sophisticated (beyond…

  • George Rebane Senate Majority Leader Harry Reid is being done dirty for his spot on assessment of candidate Barack Hussein Obama.  Obama’s candidacy was being framed in the aura of his ability to become the first ‘black’ president.  Actually, Obama is a mulatto, but in our society that makes him more black than white.  And…

  • George Rebane Can anyone still remember the dire consequences predicted last February when this $787 billion disaster was rushed through on a weekend?

  • George Rebane Pat Butler’s Nevada City Advocate Tea Party Patriots lunch Local cartoonist Robert Crabb’s iconic Nevada City Hall starship (nearby) gives a hint to the kwai loh as to how the city is viewed locally and with good reason.  My only nit with Crabb’s tag line is that Nevada City has already boldly gone…

  • George Rebane For generations the Swiss have required that all households with military age males keep a fully automatic assault weapon in their home with a combat load of ammunition.  Shooting and staying qualified with such weapons is a family affair and supported by the government.  Seeing people going to the local range with a weapon slung over…

  • George Rebane Paid tax preparers will now have to get certified by the IRS and keep their skills updated with continuing education.  This is yet another layer of government ‘protection’ for the consumer that is designed to raise costs, limit competition, and stifle innovation. This latest encroachment was announced by IRS Commissioner Douglas Shulman who…

  • George Rebane The coming explosion of entitlements is one of the publicized drivers of socialized medicine and its current embodiment as Obamacare.  The nearby chart from the Heritage Foundation plotting CBO data tells part of the story.  Historical tax revenues for the feds have been close to the underside of 20% of GDP.  If you…

  • George Rebane   NetworkWorld, one of the respected technical trade rags, has a collection of predictions for the Internet one decade from now.  Their editors characterize these as “foolproof”.  The Association for Computing Machinery summarizes the list below – 1. As computer scientists work to improve the Internet’s design, the global network is expected to…

  • George Rebane You would think that, after candidate Obama promised unprecedented transparency, the representatives of a free people would make sure that the transformation of one sixth of our economy into socialism would be exposed during its passage to every available instrument of advise and consent?  Check it out here.