Links and Minifeatures 2009 06 12 Friday
I have just about had it with Cox Cable. I pay them close to $2000 per year for internet, phone and basic cable TV. For the last three months, I've been having connectivity issues. For no apparent reason, at random times I suddenly have trouble reaching the internet. I have replaced literally everything from the wall out except the computer itself - and that works fine according to my repair shop. At Cox's request to deal with this problem, I have first replaced, then removed the router altogether. I replaced the cable splitter. They finally sent a technician out - who was there for a whole thirty seconds - just long enough to tell me to replace a modem that was completely functional, if older. So I replaced the cable modem, despite the fact that repair shop (which could have sold me a new one had they told me it was bad) had told me the modem was fine. So I replaced the modem anyway, which gave me a whole two days grace before I woke up this morning with connectivity so limited that 2400 baud dial up would be better. Spent a half hour on the phone trying again to fix the problem, with no help. Cox apparently wants to blame everything except their service. Well now I have replaced literally everything, and according to them, I'm still getting 30-50% packet loss. Completely unacceptable.
I have tried to remain silent about the reasons for my somewhat limited online presence of late, but this is just beyond human endurance. I used to be one of their biggest boosters, and sent them a significant number of clients. I take it all back. I'm considering going over to AT&T for internet and phone, and if my wife absolutely has to have cable, getting a dish.
It's 11:00. I should have been looking at properties two hours ago. So what I have to do is use the library's wireless internet, and hope that my portable printer is quiet enough that nobody objects (it is pretty darned quiet - the only noise I hear is the paper feed). But it's still a bloody pain, and ten times more expensive that the laser printer I have sitting useless on my desk. Not to mention way slower than what I'm paying for - and not getting - from Cox Cable.
Correcting the record on the Chrysler and GM loans
1. The Obama team declined to respond to the Bush team's offer to work together to create a joint process that would have resulted in a resolution by March 1st or April 1st, rather than by June 1st for Chrysler and maybe September 1st for GM.2. We then worked with the Democratic majority to enact legislation that would have limited funds to be available only to firms that would become viable.
3. After Congress left town for the holidays without having addressed the issue, President Bush was faced with a choice between providing loans and allowing these firms to liquidate in early January, which would have further exacerbated the economic situation for the incoming President. President Bush chose to provide the loans.
4. We provided GM and Chrysler with sufficient funds to get to March 31st, not January 20th, and in those loans we gave the incoming Administration the ability to extend them for 30 more days.
5. The loans were conditioned on restructuring to become viable, with a precise definition of viability, specific restructuring goals, and quantitative targets.
6. The Obama Administration followed the restructuring process laid out in the Bush-era loans. They are now measuring that deal against the targets established in the Bush-era loans. The only changes the Obama team made were that they extended GM for 60 days rather than 30, and the Obama Administration directly inserted themselves into the negotiations as the pre-packager.
HT: Megan McArdle
Victor Davis Hanson (himself an academic) contrasts what academia teaches with the real world:
Here was his final compliment, one that apparently connected my once elite disdain for his grubby world of the muscular classes with my inevitable failure and bankruptcy to come. It went something like this, though after three decades I have forgotten his exact phraseology: "Victor, I used to drive by your grandfather's house, and see you up there on the scaffold, scraping off the old paint. I'd say to my friends -- look at that young fool, he's painting my house. You see, I knew you'd go broke, and I'd buy your place. Always wanted it, and knew you were getting it ready for me. Why not let you finish before I took it?" (I didn't tell him, that in fact he used to say that not just to friends, but to me as I was chipping away.)
Read the whole thing. I suspect most of the people who need to won't, because it calls into question a key assumption of theirs about the world. The rest of you already know the point, but are likely to enjoy Mr. Hanson's means of illustrating it anyway.
On the same tack: The Dowd Conundrum
also: It's all so obvious (except to Obama)
economic reporting: then and now
AP kinda sorta admits: The stimulus isn't working
Maybe the reporters ought to throw away their pom-poms and do their jobs before any hope of regaining credibility is lost.
Arizona Judge Throws Out Political Arrest Based on Photo Ticket
Arrowhead Justice Court Judge John C. Keegan last week dismissed the photo radar-based reckless driving charges filed against the Executive Director of the Arizona Republican Party. On May 6, officers from the Arizona Department of Public Safety (DPS), which is headed by Democrat Roger Vanderpool, showed up at the state GOP headquarters with a speed camera ticket in hand to arrest Brett Mecum, 30
How long until they trump up charges against this judge?
Holy Mackerel! It's Yahoo, and therefore likely impermanent but look into the eye of a tornado
What the heck - here's the embed of the video
Gingrich: Obama has already failed
Former House Speaker Newt Gingrich said President Barack Obama's plan to fix the economy through stimulus spending and government intervention to boost companies like General Motors Corp. has "already failed."
Well, duh
Obama to banks: You can repay TARP, but Treasury keeps warrants
Yes, we can trust them not to exercise the warrants, because after all, when has this administration ever used power it didn't have? Never mind the fact that it extorted concessions from Chrysler and GM bondholders in order to benefit Obama's political allies in the unions, stomping all over contract law. The White House would never in a million years use the warrants to extort concessions on business operations from the bankers ... right?
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