The thoughts of an idle mind musing the events of the day……
Well, the iphone 5 is out. Interesting to recall that about 15 years ago Apple was down on its luck relatively speaking. It was muddling along with only a strong following among the computer nerds who loved the Imac. Then it was all Microsoft. Recall that Microsoft was sued under the Sherman Anti-Trust Act and eventually lost that litigation. It was alleged it was a behemoth in the tech world and could dominate anyone and everything in the IT world. Well, fast forward to today. Microsoft is now seen as the old dowdy in the tech world with a clouded although growing future. But no one seriously believes it is the King of the Hill anymore. About 3 years or so ago the NYSE decided to add Cisco to the Dow 30. If it had added Apple instead the Dow today would be about 16,000 plus rather than the 13,500 where it is today. As usual the Feds can’t get much of anything right. They brought that suit against Microsoft to protect us all from their alleged dominance. Even at the time of trial it was becoming obvious that Microsoft was losing its influence in the IT world but that didn’t deter the Feds from their mission to “save” us. If the free market has much of a chance to work at all dominance will always pass as someone else comes along with a better idea or a better way to deliver and old idea.
The Muslim world seems upset allegedly over a video of some sort on the internet. Lordy, I have news for you all. If they are going to get upset over insulting or mocking comments, novels or movies then they can do it every day to Kingdom come. Go back to some of the great novels of the 19th and 20th century that had any discussion of that region and you will find ample derogatory remarks about Muslims. Likewise, review lots of the old black and white movies of a few decades ago and you you will find plenty of negative comments or portrayals of Muslims. The list is endless. Bing and Bob did it in their road movies, Cary Grant and David Niven did it in their adventure flicks, the old Tarzan movies don’t give a flattering light to Muslims. We in the West have for a couple of centuries now with the obvious exception of a few major dictatorships allowed a free flow of thought and opinion. Read the great historian Edward Gibbon and see what he has to say about Mohamet and Islam. If they are going to be offended really and truly by anything and everything from the West that is not flattering then they will be mad at us forever. Are we willing to cede our freedoms and rights so as not top hurt the feelings of the Muslim world? Its a pretty simple choice. We should have the right to expect civilized behavior from all people around the world. If they won’t behave in such a manner then we should defend our standards, not debase ourselves to theirs.
You probably saw the news items about the sea ice being at a 30 year record low in the Arctic seas. It was in the papers and the news websites along with all those numerous stories about the record heat this year in the US. Guess that is all true. But you would have to be a real news hound to have also seen the stories about the record cool temperatures across much of Europe this summer and the fact that the Antarctic sea ice reached record high levels this year. It’s a big world and something happening in Patagonia doesn ‘t necessarily mean then same thing is happening in Lapland.
If the ants are invading your kitchen and you worry about pesticides there is a very old remedy your grandmother may have used to deter them that is eco-friendly. Just sprinkle or spray some vinegar in the area and you will notice they hit the road. And it is very cheap to use.
Government Motors opened its IPO at 33 after its Federally corrupt Chapter 11 proceeding. It is about 24 per share today and some of the executives are really wanting the Government out. The Feds through Timmy Geithner at Treasury still hold about 26% of the stock. Don’t look for them to sell that stock before the election. Back publicity to take that 15 billion dollar loss before November. After the election if BO wins who knows when it would be. The Feds might like the idea of running a large auto outfit that they can tell what to build, like the Volt to please one of their special interest groups. Of course even after the Feds sell, if they do, the unions will still be the largest shareholder due to the gift from BO, well, he of course expects votes for the stock.
“The sword is the key to heaven and of hell: a drop of blood shed in the cause of God, a night spent in arms, is of more avail than two months of fasting or prayer: whosoever falls in battle, his sins are forgiven…..” the Koran. Ponder that as you contemplate what our policy should be toward the Muslim world. http://www.olcranky.wordpress.com