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  • March 2011
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links for 2011-03-28

  • Quote:"Obama says we have a vital national interest in Libya, and he declares that Qaddafi "must go." Yet regime change is not our goal: "[B]roadening our military mission to include regime change would be a mistake." If I understand Obama correctly–and believe me, it isn't easy–he is invoking Iraq as an explanation for why he doesn't want to overthrow Qaddafi: regime change in Iraq took too long and cost too much.

    That doesn't mean, of course, that deposing Qaddafi would be as hard or take as long. Actually, Qaddafi appears to be hanging by a thread. Obama leaves himself in an inconsistent position, where the U.S. ostensibly has a vital interest in preventing Qaddafi from terrorizing his own people, but not vital enough to do the one thing that would actually bring about the desired result: get rid of Qaddafi.

    // Simply put, Obama was not interested in communicating, only in sounding pretty and not taking a stance on Libya.

    (tags: obama Libya)
  • Quote:"Gold and silver have become the inflation hedges of choice for some investors. Gold hit an intra day high today of $1,448 per ounce. Silver is trading at 31-year highs, hitting an intra day high of $38 per ounce.

    // There are big consequences if the dollar is dropped as the world's reserve currency (ask the Brits about it). And see below about the current monetary base.

  • // There is very little evidence technology actually increases academic achievement. In fact, most of the time it does the opposite. Perhaps the new KhanAcademy model will reverse this, but I highly doubt schools are going to be doing the KhanAcademy schtick. Teaching kids to look stuff up on Wikipedia is not education.
  • // Graphy goodness, the Captain lets us see the current monetary base compared to the norm, and the news is not good if you have any cash or savings. If you have a lot of debt, it's a little better.
  • Quote:"In Sendai, tsunami warden Mr Kamata tried to return for his dog — a large pedigree Akita — after warning neighbours about the incoming wave, but found his way blocked by the churning water.

    // Akitas…now there's a dog. A dog's dog.

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