Rebane's Ruminations

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Category: Current Affairs

  • California Dreaming

    George Rebane This morning’s Union contained a letter that I label Exhibit A as to why California is in its current sad state and continues on its current path.  The letter by Patricia Black demonstrates that there is a (large) contingent of Californians who neither recognize nor acknowledge the state’s dire straits.  And any problems the…

  • What Tax Burden?

    George Rebane Dan Walters of the SacBee has a puzzle – ‘Are California taxes too high or too low?’ – that seems to vex him, and apparently a bunch of his readers.  He concludes that since during the recession we are earning less, we are paying less taxes, and therefore our “tax burden” is actually…

  • Ruminations – 26may2009 (updated)

    George Rebane Obama, other than making good on his promise to change the country into a European socialist basket case (which he didn’t spell out for us), his other promises have proven to be a disappointment, and most intensely so to his own ilk.  The casual observer will point out that, at least, he’s more…

  • Debt Monetization – How Nice

    George Rebane You hear a lot about this today, and almost no one understands it.  According to the sociologists and educators who study what the electorate comprehends, ‘debt monetization’ means about as much to the average voter as the explanation of a freshly painted corral post does to a cow.  And here Wikipedia is of…

  • Matters financial and economical – 23may2009 (updated)

    George Rebane The dollar continues its quiet plunge.  Porter Stansberry reports on today’s buzz in world financial circles that the US will soon lose its AAA debt rating, as Great Britain did two days ago.  Bill Gross, world’s largest bond-fund manager, agrees and told Bloomberg that … the U.S. will eventually lose its triple-A rating.…

  • Props 1A, B, C, D, E, Fooey (19may2009 update)

    George Rebane Praise the Lord, tomorrow’s California election will not draw many to the polls.  And those who will vote, will likely defeat the hokey smorgasbord that desperate Sacramento politicians have cooked up for us.  This morning’s WSJ op-ed summarizes it nicely – California politicians have operated for years as if the purpose of government…

  • Ruminations – 15may2009

    George Rebane WolframAlpha launches this afternoon with a live webcast (more here).  Wolfram Research’s knowledge computing engine, the new internet phenom, will launch after 5pm PDT.  RR readers were made aware of this leap forward for online re/search here. Some worthwhile remarks from down under on Australia’s new budget – recall that their current prime minister is…

  • Republicans Need a New Strategy (edited)

    George Rebane [This is an abbreviated summary of the invited talk -‘Requirements for a Winning Republican Strategy’ – I gave to the Nevada County Republican Central Committee last night (13may09) at the Rood Center.]  Fourth graders Sammy and Suzie were running for class president.  Each asked their parents for advice on their speech to the…

  • Singularity Signposts – 11may2009 ‘Physical Intelligence’

    George Rebane Physical Intelligence (PI) is the latest AI paradigm added to the efforts to develop machines smarter than humans.  A few days ago DARPA (Defense Projects Research Agency), the people who brought you the Internet and other spooky things you shouldn’t know about, posted a notice announcing informational workshops as a preamble to issuing RFPs…

  • Ruminations – 10may2009

    George Rebane   Few picked up “We are sure that any aggression against our citizens (italics added) will be given a worthy reply,” President Dmitry Medvedev said in a speech in Red Square side-by-side with powerful Prime Minister Vladimir Putin.  In this ‘Victory Day’ celebration reminiscent of the old days of Cold War Communism, Russia is…

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