Blogging on bureaucracy, organizations, USDA, agriculture programs, American history, the food movement, and other interests. Often contrarian, usually optimistic, sometimes didactic, occasionally funny, rarely wrong, always a nitpicker.
Saturday, July 19, 2008
On Being an Outsider
It struck a cord--she found herself not in the in-group (i.e., the rich preppies) and therefore became more conscious of her blackness. I had a similar experience almost 50 years ago. Not that I was black, but I was a farm boy from upstate NY in a college whose tone was set by urban New York City dwellers. It made me more conscious of being an outsider. But since I wasn't a member of a recognized minority, I was pushed out, not into another group.
Miscellaneous Factoids
17 percent of the French own a second home. Dirk Beauregard
Blogger is available in Malay.
There are 1 million Hindus in the U.S. and women are now training as Hindu priests.
Friday, July 18, 2008
Two Silos--DOD and VA
What a Weak Dollar Does
The Economics of Diversity
Thursday, July 17, 2008
Pick on Economists Day
"Sure," I said, "don't forget one of us will probably die before the other and I'm not saving for your future husband." "Why," she replied with a sigh, "can't economists be more human?"
Brad DeLong Is Surprised
The unwinding of the real estate bubble in 2007-2009 is so far not going well. There is, by contrast, more financial distress than I believed possible. Who thought that quantitatively sophisticated hedge funds would have enormous unhedged exposure to subprime risk? Who would have thought that highly-leveraged investment banks with an originat-and-sell business model would keep lots of the securities they had originated in their own portfolios--and kept them because they were high yield for their rating, i.e., because the market did not believe they were as low risk as the investment banks had bamboozled the ratings agencies into claiming? Who would have thought that those buying subprime mortgage securities from the likes of Countrywide had done no investigation into how Countrywide was screening out borrowers?Sometimes economists overestimate the rationality of people. Sometimes I understate my conclusions.
Wednesday, July 16, 2008
B.F.Skinner, Walden II, Twin Oaks?
Unfortunately, a bit of Schadenfreude (sp?), based on this quote, and my comfortable belief that the hippy style of life was short-sighted, which meant my own life choices were superior:
"Although she was involved in founding two other income-sharing communities -- in Missouri and Virginia -- she told The Post in 1998 that communal life had not measured up to her expectations."My mother was disappointed that Twin Oaks did not turn out to be the model for what the rest of our society would be," said her daughter, Dr. Josie Kinkade of Louisa, Va. "When she found out that it was really just a nice place for some middle-class people to live, she was disappointed."
And You Think FSA Has Problems?
The British counterpart of FSA has its own problems, as these excerpts from a UK Computerworld article show:
The government agency overpaid subsidies under the Single Payment Scheme by £37 million in 2005 to 2006, and some 20,000 farmers were paid incorrectly, according to the ‘progress update’ report by the Committee of Public Accounts.
A third of claims this year, or 34,499 claims, could still be affected unless farmer entitlements were properly checked, it said.
The agency also overspent by £50 million on a business change project that was intended to meet the new payments scheme, taking total project costs to near £300 million.
“The agency’s service to farmers is still undermined by weaknesses in its IT systems, such as its inability to provide farmers with a predicted amount and payment date to assist them with their financial planning,” the report said.
It is spending £750 to process each farmer’s claim for a subsidy payment, and greater automation of small claims processing as well as better use of electronic payments was “essential” in reducing these costs, the report said.
Its IT system was “rigid and task based”, and was “unsuited” to the agency’s needs, the committee said. The Accenture contract was renegotiated so that from September 2007 to 2009, Accenture will receive a managed service fee of £14 million in total, and risk will be better spread.
Tuesday, July 15, 2008
How To Fight the War on Terror: Attn: Obama
Finally, I hope the Bush Administration will think creatively about how the Al Marri opinions handed down today could be used to bring the war on terror to a quick and victorious end. In particular, the opinions could substitute for waterboarding. Instead of waterboarding the bad guys, the government should force Al Qaeda detainees to go through all 216 pages of the different decisions in one sitting. I would think that even the hardest of Al Qaeda terrorists will break down and confess before making it through, saving many American lives.