Post by Washington Post.
Now if a few more, washed up, useless, double talking and posturing politicians withdraw, maybe there can be a real race. Jeb and Hillary, are you listening?
Blogging about life, culture, the economy and politics, i.e., stuff, since December 2012
"Like Hillary Clinton, I too have traveled hundreds of thousands of miles around the globe. But unlike her I have actually accomplished something. You see Mrs. Clinton, flying is not an accomplishment. It is an activity."Check it out beginning to end.
FRANKFURT—The European Central Bank ushered in a new era by launching an aggressive bond-buying program Thursday, shifting pressure to Europe’s political leaders to restore prosperity in one of the global economy’s biggest trouble spots.
Investors cheered the ECB’s commitment to flood the eurozone with more than €1 trillion ($1.16 trillion) in newly created money, sparking a rally in stock and bond markets and sending the euro plunging.The elites love it. Cheers were roused among the über rich and politically powerful in Davos, Switzerland at the World Economic Forum, a resort town where they lolled this week while beneficently charting our futures.
The reactions to the central bank’s move rippled widely through the world’s trading floors, corporate boardrooms and European capitals. “It’s one piece of getting Europe back to growth, and we should see an impact,” Joe Jimenez, chief executive of drug giant Novartis said in an interview in Davos, Switzerland, where the political and economic elite are gathered for meetings of the World Economic Forum.Also in Switzerland, Larry Summers, former White House economist under Obama and Treasury Secretary under Bill Clinton, spoke up, issuing the always at the ready progressive endorsement.
Former U.S. Treasury Secretary Larry Summers described the ECB’s move as a “broadly responsible central bank action,” but said governments still need to make policy reforms.Policy reforms in Summers/Obama speak means higher taxes, more government spending and larger, more intrusive government. Sweet.
Donald Trump, "People like me will benefit from this." |
Consumers and businesses are welcoming the fall in oil prices and lower inflation but today low inflation is seen as a trigger by central bankers including Draghi, the ex Goldman Sachs banker, to print money to buy government bonds.We are not the only ones who are on to this game.
Economist Anthony Randazzo of the Reason Foundation wrote that QE “is fundamentally a regressive redistribution program that has been boosting wealth for those already engaged in the financial sector or those who already own homes, but passing little along to the rest of the economy. It is a primary driver of income inequality.”We may be right, but we are in the minority in openly scoffing the absurd money printing policies.
Donald Trump – not usually one for distributional analyses of monetary policy – said on CNBC yesterday that “People like me will benefit from this.”
Also, research suggests that boosting working families’ incomes can expand opportunities for children, such as by improving school performance. Lifting low-income families’ income when a child is young not only tends to improve a child’s immediate well-being, but is associated with better health, more schooling, more hours worked, and higher earnings in adulthood, research has found.Just give me money and my kids will do better in school. Of course! How brilliant is that? Give me yet more money and my kids will be Einsteins. This tax policy is better than a miracle drug.
Adams, Herb, Jim, Charlotte, George, and Bryant Foster. |
William Adams Foster draft registration, World War I. |
Pembina Pioneer Express, January 31, 1913 |
Almost a Fatality.
Adams Foster, oldest son of Sheriff Foster, met with an accident on Thursday evening which nearly proved fatal. The sheep had strayed away from the ranch in the storm in the evening and Mr. Foster and Adams started in different directions to round them up. Mr. Foster returned about 8 o'clock and found the horse Adams had been riding standing loose by the barn. He took his hounds and collie dogs and started out to look him up and finally located him in a straw stack on the John Houston farm. The horse had turned sharply and thown Adams near the stack, rendering him unconscious for a time and when he came too he crawled to the straw stack and covered himself as well as he could. When found he was in a torpor which would probably have been his last sleep had he not been found withing a short time. He suffered no serious results although he was frost bitten on the hands, feet and face. -- Pink Paper.Grandfather Ike had well trained bloodhounds courtesy of the state penitentiary who favored him with the same because he was county sheriff.
Bemidji Daily Pioneer, January 27, 1913 |
Bismarck Tribune, January 25, 1913 |
The Evening Times (Grand Forks. N. D.), January 24, 1913 |
Cavalier Chronicle, March 25, 1977
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ADAMS FOSTER
Adams Foster, 83, Grand Forks (formerly of Bathgate, died Monday, March 21 at a Grand Forks Hospital.
Funeral services were held Wednesday, March 23 at the Jensen Funeral Home in Cavalier, Rev. Anthony Adams officiated at the service. Burial was in the Bathgate Cemertery. Arrangements were with Jensen Funeral Home in Cavalier.
Mr. Foster was born Nov. 27, 1893 to Mr. and Mrs. Isaac Foster at Bathgate. He spent his early life in the Bathgate area. For the past four years he had been a resident at St. Anne's Guest Home in Grand Forks.
Survivors include four brothers: Herbert and George Foster of Chicago; Bryant Foster, Fresno, Calif., and James Foster, Salem, Ore.; two sisters: Mrs. Margaret Cameron, Evanston, Ill., and Mrs. Roy (Charlotte) Von Alman, Little Fork, Minn. Several newphews and nieces also survive.
He was preceded in death by his parents, three sisters and one brother.
Adams' tombstone in Bathgate Protestant Cemetery. |
Libération, a French newspaper, described Chérif Kouachi as an orphan whose parents were Algerian immigrants. It said he was raised in foster care in Rennes, in western France, and trained as a fitness instructor before moving to Paris, where he lived with his brother Said in the home of a convert to Islam. He held menial jobs, working at times as a pizza delivery man, shop assistant and fishmonger.
According to the authorities, the third and youngest suspect, Hamyd Mourad, 18, drove the getaway car. Mr. Mourad turned himself in late Wednesday at a police station in Charleville-Mézières in northern France. Le Point, a leading French newsmagazine, said that the two brothers had both been known by the intelligence services, and that Mr. Mourad was unemployed. It said that the police had identified the suspects after one left his identification papers in the abandoned Citroën vehicle used to escape after the attack on Charlie Hebdo.If I was in a getaway vehicle I would have left identification papers too -- someone else's. Just saying. The authorities are justified in trying to track these guys down, but they should not have blinders on.
You are full of energy and are very clever, but that does not always lead to an easy life. It is beneficial for you to pay considerable attention to your relationship with your elders, for you are linked to ancestor worship -- keeping the dead happy.My oh my! In the last year or two, I have extensively researched and written several dozen extended blog posts on long since dead ancestors. How could Kwok Man-Ho have known that when he wrote this horoscope in 1994? The Chinese are very wise.
Looking southwest over the Montana State University campus to the Madison range. |
Golfer and two-time US Open champ, Retief Goosen, promoting "The Goose" fine wines. |
Paul Bunyan welcomes to Brainerd? |
Norville Baptie jumping barrels. |
On New Years Day, three men rode snowmobiles into the northern Gallatins, planning to spend all day in the mountains. The group started at 9:30 a.m. from the Portal Creek trailhead, seven miles north of Big Sky on U.S.191.
They were Ken and Kenneth Gibson, father and son ages 46 and 19, and Kenneth’s friend Zachary Walker, also 19. Ken Gibson was an expert snowmobiler, familiar with the area and aware of avalanche hazards, according to Staples. The younger men were experienced riders, as well, and Walker had been out riding with the Gibsons a few times prior.
Aerial picture of the avalanhce site, from the Gallitan National Forest Avalanche Center. |
All three had avalanche beacons, probes and shovels, and were familiar with their use, and both Gibsons wore airbag backpacks. As the group traveled through the backcountry, they passed crown lines from recent large avalanches.
Just before 2 p.m., they rode into the north end of Onion Basin, a remote area south of 9,948-foot Eaglehead Mountain.
Kenneth got his snowmobile stuck, but because he was in the back the other two didn’t realize they’d lost him. Debris from a recent natural avalanche was visible on one of the steep, 500-foot slopes encircling the basin, and they kept what they thought was a safe distance from the slopes above, Ken riding up into a gentle meadow, and Walker continuing out across it.
Walker saw the avalanche out of the corner of his eye just before it hit.On January 1, 2014, Ken Gibson, as an experienced and well prepared snowmobiler you can find, was buried in Onion Basin, near Big Sky, Montana. That day, his wife lost a husband and his two boys lost a father. Our prayers to his family. May he rest in peace. God bless them all.
Checking out the right front wheel that got too close to the culvert. |
I admit it. I can't drive, walk or ride by a culvert without swiveling my neck, inspecting and visually evaluating the structure, judging condition, materials and construction and looking at the drainage to see how well, or if, it is performing its intended function.in Caring About Culverts, I did not foresee the trip we took up Hyalite canyon a couple of days after Christmas. When avoiding another vehicle Larry drove off the road into a culvert inlet hidden by the blowing and drifting snow. Back in the 1970s we built culverts in Madison, Wisconsin, but probably not that one.
Seattle World's Fair promotional poster. |
I began caddying at Glen View in the fall of '73. I remained at the club for 18 years as a caddy, caddy master and assistant pro. I was also fortunate enough to earn the Chick Evans caddy scholarship. You could say the my years there were the main influence in my life.
The story of the strike lived in GVC caddy lore for many years. The chats of "of hell no we won't go" still live on whenever some of us old loopers get together. Thanks for allowing me to relive some great memories.