Francois Furstenberg, lousy historian

Here he blames the volatility of the 19th century economy n the lack of a welfare system.  Too stupid to debunk, this is clearly liar's day at election time.

This ones going to the Supremes

Detroit— Michigan Attorney General Bill Schuette said today he will appeal a court ruling that overturned the Michigan Civil Rights Initiative, which bans the use of race and gender preferences in college admissions and government hiring and contracting.

The federal court says race preferences are mandatory under the constitution:

A federal appeals court today overturned Proposal 2, saying the voter-approved measure harms minorities and is unconstitutional.

The 2006 law forced the University of Michigan and other state schools to revise their admission policies. In a 2-1 decision, the judges ruled that the law violates the equal protection clause of the 14th Amendment.

It is going to take Sotomayor's vote to restore federal apartheid. That means that in California, we can accept whites and turn down Hispanics, on purpose.

Republican Communist Party Watch

Former U.S. Senator Pete Domenici, who helped forge four major federal budget agreements, has formed a “truth squad” to caution fellow Republicans about the hazards of breaching the U.S. debt ceiling.

Domenici, 79, is working with former federal budget officials including Jay Powell, a Treasury undersecretary for President George H.W. Bush, to detail the negative economic and social consequences if Congress fails to approve an increase in the $14.3 trillion borrowing limit before an Aug. 2 deadline.Bloomberg

Wasn't Domenici one of the Starve the Beast deficit loving crowd, including Reagan and Cheney?

Raise taxes by fiat, lower them with default

Fresno County's assessor on Thursday submitted a final $57.3 billion tax roll for the coming year, locking in higher property taxes for thousands of agricultural landowners and ensuring an increase in the county's total tax stream for the first time in three years.

While most residential and commercial property remained flat or lost value this year, assessments of farmland rose as crop prices went up and new production began. And, according to the Assessor's Office, a lot of farmland had not been reassessed – sometimes for decades – meaning tax bills due out this fall also will reflect years of unrecorded gains.

The farm tax hikes will average 23%. Fresno Bee

The effort to get assessed values lower is complex, long and costly. The process to raise assessed value is a stroke of the pen. That is called asymmetry, designed to cause default.

I need to barf

Chief Executive and founder Mark Zuckerberg told reporters in a visit to Facebook’s Seattle office on Wednesday that the company planned to “launch something awesome” next week.Reuters

This is the best we can do with technology?

Stimulators are making another push

Brad has all their arguments, starting here.
Is there a natural tendency for humans to perform aggregate stimulation? War? Mob action? Revolution? Mass self-stimulation?
OK, I will read some of their stuff. But I doubt they have a clue about what infrastructure to build.

ImagiSoft discusses financing of the I-15 Project

The I-15 project is a private utility company that operates the all digital ultra speed lane between Las Vegas and Victorville. Speed limits: Min 80 MPH max 140 MPH. All digital control.

Sell shares and open source the technology. Casino operators should form the company and hire me as CEO. Take bids for precast, high speed asphalt narrow lanes. 40 foot sections. Do deals with public BRT networks for compatibility. Get revenue sharing with federal and state right of way owners. Get commitments from bus makers and lightweight cargo haulers. Hold a trade show. Set up an asphalt casting factory, start laying lane. Test some large scale robotic carriers during construction.

Limit construction proposal:

A modular construction single I-15 ultra speed lane, terminating in upgraded BRT networks. Victorville becomes the speed transition point, reducing maximum speed to 100 MPH, but we apply the technology to all public BRT buses, they go on computer control.

Target the ultra low cost of lane construction at $3 millon/mile, shareholder financed. 180 miles, or $ 1 billion.

The U.S. Federal Highway Administration and AASHTO’s Technology and Implementation Group are championing precast concrete pavement systems (PCPSs) as part of their Highways for Life program. PCPSs fit well with the goals of the program, which are to promote construction methods that reduce traffic congestion, reduce project duration, increase safety and produce durable repairs. PreCast.Org

The system should generate $300 million/yr in lane space sales. It should garner half of all tourist and commuter traffic between Vegas and LA. The most efficient traffic system in the world.

Yes to state subdivision

RIVERSIDE (CBS) — Is the state of California about to go “South”?

Riverside County Supervisor Jeff Stone apparently thinks so, after proposing that the county lead a campaign for as many as 13 Southern California counties to secede from the state.CBS

Let's break off central valley while we are at it.

The Treasury curve is getting steep

Lots of aggregates are appearing at the short end, is that what I said? If I ran my Huffamn encoder over the total Treasury market, then it would quantize hard along the short end, meaning deliverables due in six months to three years are dominating the market. They appear because they are unattended by the market, a lack of volatility.

The market responds with production at the short end, but fewer points of arbitrage, a rank contraction. The an attempt at expansion later down the road, resulting in another fgain of steepness, then repeat.

Out political system is now dominated by events that happen woth three and sx month frequency. Treasury is under stress, so the market focuses more on Treasury events that it would otherwise let pass, debt veiling, state budget dramas. We say the market is event driven, it is. The market is constrained to solutions surrouding queuing events, it is -iLog(i), constrained, rate driven like a quantized production system.

Network Theory:

Is government distribution rate synchronous with some major constrained channel? Or, is the F series that makes up government goods constructed from the prime factors in the constrained channel? The smooth normed math would ask about covariance in the continuous power spectrum, nut in reality the basis set is not continuous.

Homesteading the Gulf of Mexico

38% of that coast is less than 20 meters deep.  20 acres of that generates algae cash flow of $400,000/yr.  Anchor costs and platform costs are significant, but not out of the world.  Dropping 70 foot steel legs is really not hard.

The floating bag technology, it will drive people into the coast.  Alfalfa farmers, offshore oil workers, and fisherman become stationary algae farmers.  The bag industry starts basic and durable, one state single flow floating bag systems.  But the complexity of bags increases the complexity of products and complexity of strains.  Network effects cause accelerating growth.

Instead of the login cabin, it will be the sea platform, a small family size platform with 70 foot legs. A mass migration of a hundreds thousand family for a season home on the sea, farming 20 - 2000 acres per farm.   Little Aquavilles sprouting up along out southern coasts.

The Marginal Homestead Acreage 
Call it 20 acres, and it support two full time workers. The unit also generate $100,000/yr in equipment and services demand. These are all local, labor intensive jobs. One to two million algae indusiry jobs along the southern coast.