Rebane's Ruminations
November 2026
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  • George Rebane

    SpeechDenied The following is taken from NCFocus, the blog of Anna Haynes, a local grassroots global warming activist and true believer.

    Note: Please comment *only* if you share the mainstream view that climate change is happening, the evidence strongly indicates humans are causing it, and it’s urgent that we address it now – comments from the fringe *will* be deleted.

    This was appended to a long listing of pro-climate change URLs and an invitation to comment about a local radio station (KVMR) presenting a speaker skeptical about anthropogenic global warming as part of a balanced discussion.  For true believers the debate is not only over, its ressurection is forbidden.  This is now the message of the climate change political juggernaut from the top down to the foot soldiers in the field.

    (RR will continue linking to NCFocus so that our readers may keep all the fringes in plain sight.)  

  • George Rebane

    Sunset Millions once moved to California for its boundless promise, but time has not been kind to the Golden State, so starts Joel Kotkin’s ‘Sundown for California’ in the Nov/Dec issue of The American.  He details the history of our beloved state and jewel of the world from its unbelievable beginnings as a land of opportunity to its arrival as a land that now prepares itself to be destructive to all the creative and productive juices that flow in the veins of those who can.  And to think that once we shook our heads at the primitive Polynesian cultures who turned archipelagos of paradise into taboo ridden inkblots of misery dotting the blue Pacific.  Attempting to get the word out on this gives one all the pleasure of relieving oneself on the windward side of a sailing vessel.

    Pirates and the Decay of the West.  The pirate attacks and seizures off the Somali coast are the most recent indication of the rot that is now at the core of western civilization.  The pirates are averaging one merchant ship attacked in international waters every four days.  And although we have the technical and military assets to secure our shipping, we have neither the political nor moral will to defend our interests in international waters against the world’s lowlifes.

    Since Vietnam we have possessed the means to make shipping safe against the threat of fast small boats launched from slow mother ships.  We also have the means to deny the pirates their safe havens on the government-less Somali coast.  Given the presence we already have in the Arabian Sea and Diego Garcia, we have all the necessary resources to make those waters among the safest in the world.  The marginal cost would be minimal.

    Instead, we are told of our concern about what laws apply to defending ourselves.  We worry about what to do with any pirates that we may capture and therefore capture none; French president Sarkozy is worried about turning them over to Muslim governments that might chop off their hands or heads.  Britain is worried whether we will have to establish another Guantanamo in which to jail them, and on and on.  Meanwhile over $100 million in ransom has already been paid to them this year and the Somali lawless continue to see it as the best game anywhere.  Here is a tale told by two lawyers who today worry about the lack of a proper legal framework for protecting commerce on the high seas (I’m not making this up).

    Nevertheless, yesterday an eastern government knew what to do.  An Indian frigate encountered what appeared to be a pirate mother ship that launches the fast boats, and it sank the pirates.  Oppose this with our response of sending teams of lawyers to do research in online libraries, and see if there is anything that would permit us to respond as did Thomas Jefferson in the days of the Barbary pirates.  In the spirit of global co-operation, maybe we should contract with the Indian navy to keep the sea lanes of commerce open for us.

    If in the coming years our Marines survive as a fighting force, I wonder with what kind of lyrics they would have to replace “to the shores of Tripoli”.  Perhaps something appropriate about filing suit at the International Court of Justice in The Hague would serve.  All the while the Somali pirates are in apoplexy laughing their you-know-what off.

  • George Rebane

    The existence of an Intelligent Creator (IC), aka God, is so abhorrent to some scientists that they are willing to jump through any number of hoops to avoid satisfying at least one of the pillars – Occam’s razor – on which science claims to rest (the other is Falsifiability).  Instead they are advancing tenuous theories that satisfy neither.

    Multivers

    Tim Folger in his ‘Science’s Alternative to an Intelligent Creator: the Multiverse Theory’ tries to put his arms around the debate so that it is accessible to the intelligent reader, and, I think, does a creditable job.  Here’s the problem – our Universe is constructed in such a way as if it anticipated our coming.  This construction is now accepted by all the scientists, those who do and don’t accept the IC as the progenitor of everything that is.  However, the ones who are determined to deny the existence of an IC have a burr under their blanket that will not go away.

    The non-IC scientists are now frenetically invoking very complex, and (so far) untestable theories of physics to argue that our universe is just one of an uncountable number of different kinds of universes.  And ours just happens to be one in which the laws of physics and the physical constants were such that gave rise to life on this planet, and probably many more of them out there.  In sum, the fact that we’re here to discuss such ideas is just dumb luck because in the many more universes ‘out there’ there is no life – so there!

    (more…)

  • George Rebane

    HIPER  

    Worldwide lunacy is achieving new heights.  The Europeans are launching a major multi-decade project to create a practical energy source using fusion.  This project will cost megatons of money – some will undoubtedly even come from the US – and seek to create energy independence from carbon based fuels.  The story is told by Peter Glover in the TCS article ‘Fusion Energy: Europe’s New Holy Grail’.  In it he outlines the HIPER (High Power Laser Energy facility pictured above) program to demonstrate that humans can create a slowly exploding hydrogen bomb in a controlled space that outputs more energy than is required to sustain the explosion.

    Fine and good, and some day we will, no doubt, have fusion energy.  But even with HIPER, the attainment of practical fusion power is not expected for decades.  Leading U.S. atmospheric physicist S. Fred Singer questions this rush for a goal that seems to satisfy no argument for or against global warming.

    “Do we really need fusion?” Singer points out, “We [already] have the standard nuclear fission reactor based on uranium. It is relatively cheap, it is safe, and it works.” He explains, “Estimates vary but most experts agree that uranium will be a viable source of energy, and perhaps the best one available, for thousands of years. It becomes a matter of semantics whether an energy source than can be relied on for, say, 10,000 years or more is sustainable. But it is an empty argument. The point is we can do it now with available technology.”

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  • George Rebane

    Last Friday Jo Ann and I put the cats in solitary, jumped into the Cherokee, and were on our way to discover McCloud.  This town of about 1,600 sits on Highway 89 less than ten miles east of where it joins I-5.  The dominant landscape feature of the surrounding territory is Mt. Shasta whose 14,000+ft peak looms more than two miles above the town.  We pulled into McCloud about 3pm as the sun was already dipping below the tall pines that are by far the most numerous residents of that country.

    McCloud Our reservations were at the century-old McCloud Hotel located on Main St. right across from what used to be the railroad station.  The dinner train on the track was being provisioned for the evening’s round trip to the neighboring town of Mt. Shasta.  That train is the community’s last commercial hurrah, everything else over the years has pretty much closed down.

    After settling in at the hotel – a no mean feat since Jo Ann had to look at three separate rooms/suites – we did our usual exploration of the environs with map and Carli (our anthropomorphized GPS) to guide us.  The hotel manager was surprised to learn that we did not come to McCloud to ride the dinner train.  And we were surprised that she was surprised, since during these months the train makes the trip in the dark, and the spectacular landscapes, framed by the big snow-covered volcano, are visible only to the extent of the lights that shine out of the dining car windows.  But such surprises went a long way to explain the fortunes of the town.

    Instead, we had dinner at the River Grill & Bar which was reputed to be the best place to eat in town that was not on wheels.  This steak and potatoes haven looked like it mostly served the locals (the ribeye steaks we ordered were excellent).  The wait staff was friendly, attentive, and without any airs about this being a locale for fine dining.  We actually figured that out as soon as we saw the naked formica tables with mis-matching chairs that filled a small dining room with booths on one side.  The room adjoining was the bar with a roaring fireplace, and a covey of folks settling in for a comfortable Friday night in McCloud.  In the distance we could hear the whistle of the mostly-empty dinner train starting its downhill run to Mt. Shasta.  It was already dark.

    (more…)

  • Mike McDaniel

    In all the election hoopla surrounding the socialists push for our "new hope" my focus was on the first question on the Massachusetts ballot.  "Question 1" as it was described on ads and radio waves would have abolished the MA state income tax (full disclosure; I contributed financially to the cause).

    The proposition failed by a slim margin.  The opponents of the prop were anyone that derives their income from taxpayers.  Perhaps the most vocal were the teacher employee unions.  They spent over $7,000,000 fighting question 1.  It would appear that teachers don't think they would be employable elsewhere… and more importantly that the MA government would not make cuts elsewhere to the budget in order to fund education.
     
    The forces behind "Question 1" have found several silver linings from the campaign quoted from Michael Cloud:

    • "The $7,268,816 we forced the Teachers Unions to spend to keep the state income tax is $7,268,816 they could NOT spend elsewhere to raise property taxes and other taxes."
    • This year, the Massachusetts state legislature and Governor postponed
    government spending increases, announced spending cuts – and did NOT
    increase taxes. Our Ballot Initiative and our campaign for it are a key
    reason why.
    • Hundreds and hundreds of advertisements by the Teachers Unions
    claimed:“YES on Question 1 = Raising Property Taxes.” These ads aroused and reinforced opposition to raising property taxes. The Teachers Unions campaign against our tax cut just might stop their 2009 campaigns for property tax increases."

    For some time now I have made a hobby of "following" tax payer funded defined benefit pensions plans here in California.  On election day a major voice (yell) was heard on the public employee pension issue.  Taxpayers in Orange County voted overwhelmingly to relieve the Board of Supervisors from making future pension plan pay raises (HERE). In the future all pension plan pay increases will be voted on by the taxpayers.

    The taxpayers of Orange County have paved the way for taxpayer funded pension plan reform in other communities.   It is apparent that present and past leaders across this great nation need voter help in being stewards of tax revenues.  It is refreshing to have leaders in Orange County design a solution which taxpayers overwhelmingly supported to start solving the unfunded liability crisis.   Does your community have any such leaders?

    [gjr – Mike McDaniel is a financial professional in Nevada County and contributes to this blog from time to time.]

  • George Rebane

    FlyingMoney What happens when progressive taxation schemes make about 0.5% of the workers, who are taxed at the margin, pay 20% to 30% of the total income taxes for a state, and those workers go away?  This important question is about to be answered in New York as its financial industry now collapses and then rebuilds.  But the rebuilt industry will be regulated to remove opportunities for risk and its attendant high incomes.  The socialists have with one side of their mouths decried the ‘greedy rich’ while with the other side put in place policies that fund more and more of their government growth and spending programs from the pockets of the very same rich.  Now we Californians get to watch how New York handles the aftermath of its progressive tax rates.  But we have to watch very closely because the MSM will not want to highlight this particular story.

  • George Rebane

    Today we quickly look at two peas in a pod – the ‘we’re from the government, and we’re here to help’ pod.

    Bailout The federal government’s bailout program has failed miserably from the gitgo – it was supposed to be a fast-acting fix that would keep the trouble from spreading across the globe.  Well, it’s been neither fast-acting and the financial crisis is now worldwide.  Donald Luskin, chief investment officer at Trend Macrolytics LLC, reports in the 17nov08 National Review that

    The fact that the government agencies that should have been rescuers became destroyers instead – and the utter uncertainty about how and when these agencies would exercise their power – caused investors’ confidence to collapse.  Federal agencies unintentionally created an incentive structure that rewarded investor behavior that would exacerbate the crisis and punished behavior that would mitigate it.

    It looks like Paulson and crowd may have learned a lesson from the carnage they created and will now inject the next $250B to actually help troubled banks weather about $2.5T of shakey assets, instead of using the money to continue zeroing out the investors they are trying woo, and make a fortune for short sellers.  In industry we usually call this a ‘learn while you earn’ program.

    Meanwhile here in the Sierra foothills the Grass Valley City Council has learned nothing from its first try at implementing Sacramento’s Affordable Housing mandates.  The program has been an utter failure, and adds to the long and unimaginably expensive (in human and dollar costs) trail of government failures in the housing markets.  (See SESF report ‘Affordable Housing’) 

    Now the council honorables are planning another tilt at the windmills, calling their last attempt a “noble” effort.  When that effort launched, most of the Nevada County’s residents immediately saw that their mandates and regulations for the developers would lead to nowhere. These well-intentioned but terminally challenged people still don’t understand the difference between affordable housing (a political definition) and low cost housing (market defined). 

    If a market for low cost housing exists in Nevada County, then the developers will be the first to find out how to satisfy it for profit.  In the past, local politicians have actually had the hubris to blame the developers for not coming up with affordable housing proposals that satisfied government regulatory dictates.

    Having five council members now listen to a roomful of city renters (who really want rent controls), before coming up with their next version of obstacles, is nothing but the same song, different verse.  But oh do they love to sing.

    [update] And finally, if you’re a conservative or free market libertarian like me, then do your penance and read P.J. O’Rourke’s mea culpa, and take it head on, standing up – no whining! 

  • George Rebane

    NucGen

    Hyperion Power Generation, Inc. in New Mexico has developed a small nuclear powerplant that can power 20,000 homes from a unit measuring a couple of meters on a side.  This generator with no moving parts will cost about $25M in place which is about twenty feet underground.  The technology is very mature with no chance of Chernobyl type accidents.

    This is called a leapfrog technology since it can immediately start powering small, remote communities worldwide without having to lay in long and expensive power grids and distribution systems.  The whole thing can be delivered on a truck, put in place with normal contractor equipment, and not bothered with again for about ten years or so when it needs to be refueled with non-weapon grade uranium.

    The cost of the units will, of course, come down as more companies begin to deliver them.  Today one of these could power all of western Nevada County.  The only thing that will stand in the way is the usual cadre of emotional environmentalists and community activists. They will want to study the impact of each installation into the next century, putting the cost of such clean, safe power out of reach of most US communities that would benefit.

    The rest of the world will install these small nuclear units to power homes, manufactories, water purification systems, and sewage treatment plants.  In the meanwhile we will have a chance to attend free anti-nuclear songfests and sit-ins at the fairgrounds.

  • George Rebane

    The jury is in on California’s syndicated columnist Thomas Elias – his acumen in economics is about a bubble out of plumb.  The man’s 4nov08 piece ‘Greenhouse gas plan might green state economy’ in the San Diego Union (repeated in today’s Onion) was full of the liberal drivel that government funded make-work programs will somehow again revitalize California’s lethargic economy.  The plan he’s referring to is CARB’s Cap and Trade Scope Plan to implement AB32 recently passed by our politicians in Sacramento.  Californians will now joyously accept money from the feds to develop technologies designed to reduce greenhouse gases whether they need reducing or not.

    Brokenwindow None of these new ‘green businesses’ will be able to make it on their own.  Instead, if they follow government diktat and play like they’re real companies selling into real markets, products which are really desired by customers, then they and everyone in the pipeline will get money.  Our own little county will do its best to also belly up to the trough as part of its economic development hopes. 

    Where will the money come from?  Well, a bunch of it will come from the good folks in Ohio (my favorite state for transfer payments to California), because we can’t tax ourselves enough to fund such tomfoolery.  And if you really sharpen your accounting pencil, the money will actually come out of thin air – the honorables in Washington will just print more of the stuff.  We must always remember that our country is broke as far as funding any of these marginal bamboozles like bank bailouts and carbon footprint eradication programs.

    And yes, once government starts pouring money into this newest ersatz industry and guaranteeing its profits, investors will pile on because there will be enough of the new greenbacks for everyone on this gravy train.  So what’s not to like?

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