ECW

ECW
Location
Forreston, Illinois, USA
Birthday
June 03
Bio
Retired. Former Dean of Learning Resources and CIO at a small Midwestern community college. MALS from the University of Wisconsin, Madison. BA in German from the University of Pennsylvania. Lived in Switzerland and Germany as a child. Still teaching a couple of online classes. 7 children (six bi-racial adopted), 7 grandchildren, 2 horses, 3 dogs, too many cats. Love reading, audiobooks, and political podcasts.

MY RECENT POSTS

This is attempt by the Catholic Church to force their beliefs on those employees of theirs who are not Catholic.  The federal government by requiring that the insurance plans be  applied consistently across the board to all employees it is maintaining its secular obligation of notRead full post »

JANUARY 11, 2011 11:01AM

Health Care Panic Email

My conservative friends and relatives continue to forward on emails intending to create panic among the faithful that soon we will be in the throes of Stalinism or at the very least some form of egregious socialism. (Medicare to them is certainly not socialism, of course.)  Normally, I just let… Read full post »

OCTOBER 15, 2010 4:14PM

My thoughts on the Laffer Curve

I was at a Tea Party meeting last night (actually pretty interesting except for the excessive religious paranoia) and the Libertarian candidate for the Senate, Mike Lapno, discussed the Laffer Curve as a tax policy.  Aside from the validity of the theory, I have the following questions:

 

1… Read full post »

OCTOBER 4, 2010 8:41AM

Title insurance is a joke

Another article in the Times detailing the difficulty banks are now having because of problems with ownership documents just touches on what I believe to be another scam in the housing  market: title insurance.  The purpose of title insurance is to guarantee that the purchaser has a clear t… Read full post »

SEPTEMBER 20, 2010 6:18PM

Tax cut argument is all wrong

For some reason the debate over tax cuts focuses on income rather than productivity, i.e., if you make more than $250,000 you don't get one, or shouldn't, and if you make less, you will.

Why the seemingly arbitrary distinctions. I would give tax cuts to those who start a new business,… Read full post »

SEPTEMBER 7, 2010 1:43PM

Housing

1. A house should not be thought of as an investment except over a long period of time, perhaps 20 or 30 years, and then more as a hedge against inflation.

2. Most people should not own homes.  We are too mobil.

3. Home equity loans should be prohibited;  they requireRead full post »

AUGUST 31, 2010 2:42PM

So what would you do?

Here was my ethical dilemma.  I have posted what I did after the spoiler line.  Would you have done the same?  Did I act in the most ethically responsible manner?  Did I prevent a riot? :)  Would the presence/absence of a video camera have made a difference in your… Read full post »

AUGUST 16, 2010 8:54AM

Journalism?

I posted this elsewhere as a comment after reading once again something from an anonymous source.  I'm whining again.

1.  I find the constant use of anonymous sources to be unsettling, especially when they are uniformly preceded by a disclaimer such as "who must remain anonymous because he/… Read full post »

AUGUST 15, 2010 9:01AM

Take religion out of getting hitched

I would suggest that the same-sex marriage issue is not a liberal/conservative issue witness the political leanings of Boise and Olson.  One could make a very good case that's it's very conservative in its celebration of conservative values such as commitment and family.  It's really a sema… Read full post »

AUGUST 14, 2010 4:14PM

Slater and working conditions

The furor over flight attendant Slater’s hasty escape from Jet Blue has led in many articles to a reexamination of workplace conditions and interpersonal relations.  One proximate cause of the decline in civility which I have not seen discussed is the rise of leveraged buyouts.  Compa… Read full post »
AUGUST 14, 2010 12:49PM

Reforming the budgetary process

It’s time we reformed the budgeting process. Public --I have no experience with private, but I suspect it’s the same -- budget managers scramble at the end of the budget year to spend all the money they had been allotted during the budget process. If they don’t spend it all the… Read full post »

AUGUST 1, 2009 5:42PM

Gates and Health Care

What makes the Gates/Crowley scenario so interesting is that both of them were right. Crowley was right, technically, in his response, and Gates had every reason to be angry given the fact that he was in his own home and shouldn;t be hassled. Obama was absolutely right that the police handling… Read full post »

1.  What was or should have been the role of the accounting profession in preventing the development of these risky instruments and letting institutions keep some of this bad debt off the balance sheets?  Shouldn't they have been reporting this as highly risky to the respective boards?

FEBRUARY 26, 2009 10:02AM

Nationalization, Banks and the FDIC

When Lindesy Graham, who certainly would never be confused with a leftist, starts calling for the nationalization of the banks, one has to wonder if perhaps we've slipped down the rabbit hole.  I suspect the problem is with the word "nationalization."  This has nothing to do with Venezuela.… Read full post »

JANUARY 29, 2009 9:19AM

Unfathomable: My latest Rant

I haven't been on for a while - obviously - too busy reading and enjoying the outcome of the election and now fascinated by the Republican circular firing squad.  Economists seem to agree that the Obama kind of stimulus package retrns $1.50 for every dollar spent, while tax cuts return $.75… Read full post »

DECEMBER 14, 2008 6:29PM

Crap Detector in Serious Overload Mode

I was watching Lisa Madigan, the Attorney General of Illinois, sanctimoniously discussing why Governor Blagojevich should resign, etc., etc. The moderator asked about her gubernatorial aspirations.  She replied she just hadn't had the time to think about that nor the Senate seat.  Man, my c… Read full post »

DECEMBER 14, 2008 9:59AM

Kudos to Joan Walsh

Thanks Joan, for putting the tenous Blogojevich/Transition Team link into perspective on Hardball (truly a misnomer) the other night. The 24/7 cable media have unfortunately succumbed (actually not the right word since that implies giving in to a superior force) to speculation at the expense of repor… Read full post »

DECEMBER 12, 2008 9:49PM

Obama Senate Seat

If I were Lt. Gov Patrick Quinn, assuming Blagojevich resigns, these are the qualifications I'd want for someone to replace Obama:

1. A guarantee not to run again in 2 years when the seat comes up for reelction.  This would make the person completely immune to lobbying because he wouldn't need… Read full post »

DECEMBER 12, 2008 9:23AM

Republican True Colors

Let's see if I have this straight.  If you make $40 or a little more per hour (or whatever other fictitious number the Republicans are using for the UAW) you make way too much and by golly you need to cut back and sacrifice. On the other hand if you make… Read full post »

DECEMBER 6, 2008 4:53PM

Mergers anyone?

I just got through listening to a discussion of the recent governors' conference with president -elect Obama.  Many of the states are in serious financial difficulty.  Now, it seems to me that, with all the emphasis on benefits of scale, that perhaps some of these states need to consider me… Read full post »

NOVEMBER 27, 2008 9:44AM

Bailout, Schmailout

I have been quite favorably impressed with what Obama has done so far and the team he has chosen.  I was beginning to despair of Hank Paulson who really didn't seem to know what he was doing and his flip-flopping was not helping the general spirit of things. I suspect he… Read full post »

NOVEMBER 24, 2008 11:47AM

Swarming: a lesson not learned

Recent pirate attacks have again reenforced the superiority of low-tech over high-tech weaponry, a lesson we should have learned in Vietnam and one the Russians learned to their chagrin in Afghanistan.   Those who suggest that tankers should carry defensive weapons are being negligent of th… Read full post »

NOVEMBER 21, 2008 3:08PM

The Way to Soften the Auto Bailout

The main concerns regarding the auto bailout seem to be:

1.  workers will be thrown out of work;

2. they will lose health insurance - both present and legacy workers;

3. the companies are too big to fail.

All of these concerns would be addressed, if:

1. The Democrats instituted universal… Read full post »

NOVEMBER 12, 2008 10:35PM

Latest Paulson Bailout

I just finished reading the comments at the New York Times article regarding the "new and improved" Paulson plan for saving the economy.  The level of vitriole is astonishing.  And this morning I got a call from my 86 year old mother who was absolutely furious at the apparent bailout of… Read full post »

(AP) James Dobson today admitted he was a covert operative for the government of Iran and dedicated to the overthrow of the United States. He made the admission after being water boarded. He had agreed to subject himself to this interrogation technique to show how harmless it was, but ended up… Read full post »