Lies or incompetence?

The official bean counters say that GDP grew by 3.3% in the second quarter. Naked Capitalism argues that this is the result of lies. I say it is the result of incompetence. Unlike Yves, I don’t find it hard to believe that the government can not keep track of its expenditures in very well.

Also, it has been known for a while that the government is not properly accounting for inflation. This is long standing I don’t think you can say that it is being done by one administration for political reasons.Since inflation picked up sharply in the second quarter, it stands to reason that this distorted the statistics by more then usual. I don’t think we need to hint that somebody went out there way to manipulate the statistics.

Anthony Lane reports from Beijing

Rod Dreher said this about Anthony Lane: “If you want to be a writer, read him. Start with his report from the Beijing Olympics. And don’t stop.”

Naturally, I had to check it out.

He’s not bad that’s for sure. He made the a subject that I am not very interested in (The Olympics) interesting. But he did not quite manged to justify the demigod status that Mr. Dreher tried to ascribe to him.

Still his essay was interesting and I do not regret the time it took to read it. I think what made it interesting is that Mr. Lane was bored by most of the sporting events himself and so wrote about other things. Such as little red cars remote control cars….

The best thing about the shot put was the cars. After the shot landed, and the distance had been measured, the precious sphere would be retrieved by an official and placed in the cockpit of an automobile: two feet long, bright red, with a tail fin—in short, the idealized vehicle that I drew during chemistry lessons when I was nine years old. Now it exists, for real, and there are two Chinese fellows with the best job in the world, who get to steer it back to the shot-putting circle by remote control. (It can also bring a hammer, or even a javelin, which slots neatly into the fin.) I followed the gaze of the spectators around me, and realized that most of them had entirely lost interest in what was happening on the track, so urgently were they tracing the progress of the cars, and so hastily were they revising their list of what they want for Christmas.

Underlying the whole essay is a touch of knowing snark. I suppose that could become obnoxious if that is the style he writes in all the time, but I found it amusing in this piece. I actually laughed aloud at this bit…

The other mystery weapon in Lyon’s quiver was Phil Towle, a performance coach back in the States, whose online messages had been an inspiration. “He’s also been a psychologist for Metallica,” Ryan said, as if to justify the gentleman. I had to steady myself against a passing volunteer. Metallica has a psychologist? What, exactly, is it repressing in its sylvan melodies?

Things are different now

This is from the early 1800’s…..

In the case of pigs, much must depend upon the situation of the cottage; because all pigs will graze; and therefore on the skirts of forests or commons, a couple or three pigs may be kept, if the family be considerable; and especially if the cottager brew his own beer, which will give grains to assist the wash. Even in lanes, or on the sides of great roads, a pig will find a good part of his food from May to November; and if he be yoked, the occupiers of the neighbourhood must be churlish and brutish indeed, if they give the owner any annoyance…

The cottager’s pig should be bought in the spring or late in winter; and being then four months old, he will be a year old before killing time; for it should always be borne in mind, that this age is required in order to ensure the greatest quantity of meat from a given quantity of food. If a hog be more than a year old, he is the better for it. The flesh is more solid and more nutritious than that of a young hog, much in the same degree that the mutton of a full-mouthed wether is better than that of a younger wether. The pork or bacon of young hogs, even if fatted with corn, is very apt to boil out, as they call it; that is to say, come out of the pot smaller in bulk than it goes in. When you begin to fat, do it by degrees, especially in the case of hogs under a year old. If you feed high all at once, the hog is apt to surfeit and then a great loss of food takes place. Peas, or barley-meal, is the food; the latter rather the best, and does the work quicker. Make him quite fat by all means. The last bushel, even if he sit as he eat, is the most profitable. If he can walk two hundred yards at a time, he is not well fatted.

The whole essay was a fascinating look into the past.

Generals, Macro Man, and the Need for Courage

The difference between a good general and a bad general is simple. A good general wants to win; a bad general wants to avoid losing. Things like charisma, Intelligence, or training are of only minor importance.
Nothing demonstrates this better then the Civil War. George McClellan and Robert Lee had both graduated second in their class Click Here to continue reading.

This is why so few construction jobs have been lost

One of the great puzzles of our current economic troubles is how come construction employment has held up so well. The answer is simple. There is such a shortage of skilled tradesmen that a slow down just means that some of them finally get to work a 40 hour week. That means they are making less money then they where before, but they are still employed.

From EC&M Web….

According to survey respondents, contractors are devising a variety of strategies to overcome the shortfalls. Almost half the respondents reported a weekly work schedule of more than 40 hours. Two-thirds reported working their crews five days every week, and some schedules of 70 or more hours per week were reported.

The corollary to this that most of construction done recently is crap. There was not enough good people to do all the work being done even if the all the constructions companies had wanted to do good work. When people get done being outrage by all the obvious financial fraud that paid for boom, they are going to find that things were not done to any higher ethical standard on the bricks and motor end.

In Pakistan, mental illness is not a handicap

From the Economist….

With its other smaller allies, the PPP-led government will not fold. And if Mr Zardari is elected president, with the dictatorial powers that the job confers, as seems likely, the government will look more solid. If so, Mr Zardari might be seen to have bested both Pervez Musharraf, the former president, who resigned on August 19th to escape impeachment, and Mr Sharif, leader of the PPP’s biggest rival. For a man who recently stepped into the shoes of his dead wife, Benazir Bhutto, the PPP’s murdered leader, and who is reported to have serious mental illnesses, this would be an Olympian achievement.

Olive Garden having problems

For those who care....

A surprise warning on earnings by Darden Restaurants Inc. suggests that sit-down restaurants will continue struggling through the fall after a dismal summer.

On Tuesday, the parent of Olive Garden and Red Lobster said its earnings for the fiscal first quarter ended Aug. 24 would be below Wall Street’s expectations, and lowered its profit forecast for the year ending May 31.

Crows know who their friends are

From the New York Times.

In the Seattle area, where rapid suburban growth has attracted a thriving crow population, researchers have found that the birds can recognize individual human faces.

From latter on in the same article…..

After their experiments on campus, Dr. Marzluff and his students tested the effect with more realistic masks. Using a half-dozen students as models, they enlisted a professional mask maker, then wore the new masks while trapping crows at several sites in and around Seattle. The researchers then gave a mix of neutral and dangerous masks to volunteer observers who, unaware of the masks’ histories, wore them at the trapping sites and recorded the crows’ responses.

The reaction to one of the dangerous masks was “quite spectacular,” said one volunteer, Bill Pochmerski, a retired telephone company manager who lives near Snohomish, Wash. “The birds were really raucous, screaming persistently,” he said, “and it was clear they weren’t upset about something in general. They were upset with me.”

Again, crows were significantly more likely to scold observers who wore a dangerous mask, and when confronted simultaneously by observers in dangerous and neutral masks, the birds almost unerringly chose to persecute the dangerous face. In downtown Seattle, where most passersby ignore crows, angry birds nearly touched their human foes. In rural areas, where crows are more likely to be viewed as noisy “flying rats” and shot, the birds expressed their displeasure from a distance.

I think this applies to more then just crows.

Making Hay the Cheap Way

Gene Logsdon latest article is proof that he gets better with age. Much of his writing when he was younger was simply a collection old timer knowledge. In other words he would tell you people use to do before the age of factory farming and sprinkle it with a few anecdotes about his own personal experience just to prove it could be done. But now that Gene is in his 70’s, he has a lot of time tested ways of doing things that are all his own.

If you think you ever might need to make hay and store hay on the cheap you should read this article.