Rebane's Ruminations
November 2011
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Month: November 2011

  • George Rebane That the congressional super committee was orchestrated to fail from the moment it was commissioned was a known to anyone paying attention (or reading RR).  Now all the talk shows have come to that conclusion after interviewing various stiff-upper-lip members of that dysfunctional dozen. This morning Chris Wallace of Fox News Sunday asked…

  • George Rebane In 1945 Hiroshima was devastated by the first atom bomb used in anger.  The bombings of Hiroshima and Nagasaki saved a net of at least two million lives and untold millions of casualties, plus a Japan devastated more horribly than it already was in August 1945 when the bombs were dropped.  The outcry…

  • George Rebane Jeffery Sachs of Columbia University is a very prominent and celebrated far Left academician who writes extensively in the national media.  For example, he is the spearhead of that august Scientific American having been politicized over the last decade or so (it is now also a much thinner magazine with articles that have…

  • George Rebane [This is the transcript of my regular KVMR commentary broadcast on 18nov11. Princeton’s progressive economist Alan Blinder is in the national media again (14nov11 WSJ) arguing against the flat tax.  Ignoring all the benefits that flat taxes have brought to post-Soviet eastern European countries, he lambasts America’s reconsideration of the flat tax as…

  • George Rebane Until further notice, please pay attention to – 1.    The German/French sovereign debt spread – subtract German interest rate from French interest rate.  This summarizes the entire eurozone crisis.  Use formula/chart in 'Investors playing the odds' to find likelihood that France defaults and/or that the ECB starts massive printing of euros to bail…

  • George Rebane We know that this formerly proud communist has been busy since he had to be jettisoned by Team Obama, but all that has been relatively sub-rosa.  Now the newly-minted Marxist in mufti is on his ascent to the top of the pile located somewhere beyond the American Left.  The man again deserves a…

  • George Rebane At the risk of boring the bejeezus out of RR’s readership, here’s a bit of quantitative follow-up for all you investors playing the odds on the approaching collapse of socialist Europe.  Well, maybe that’s putting it on a little too strong, but looking at the way sovereign debt is being priced by the…

  • George Rebane As an illustration of the public policy stasis that our collectivist brethren always wallow in, the National Space Society will announce today (14nov11) that space solar power (SSP) will be a viable, feasible, and limitless energy source within ten to twenty years.  SSP will beam energy from high orbit solar collectors to anywhere…

  • George Rebane The political season is in full swing again; actually I don’t think that it has taken a breather since 2008.  The Great Recession and all the government programs designed to bring us back into a fine and fundamentally transformed fettle has highlighted an ideological rift in America of proportions to rival its Grand…

  • George Rebane [This is the submitted form of my regular column in The Union which appears in its 12nov11 print and online editions (here) under its less harsh title 'Public service unions will be our demise', no doubt edited for a more sensitive readership than frequent these pages.] Today socialist Europe is unraveling after years…