Chaff Launch

Friday, October 05, 2012

Weekend Reading

The American Spectator : Volleyball Mom Knows Better Than Obama

"Market, production conditions will prevent meeting RFS" which may not make much sense as a headline, but is a report about how Congressional imposed standards for the increasing use of ethanol are impossible to meet which will result in fines for refiners (which, of course, will be passed on to consumers) but which would lead me, if I were a refiner, to shut the refinery down and go Galt.

Good book on South America, Forgotten Continent: The Battle for Latin America's Soul by Michael Reid. Something in the description of the "populist" leader rang a bell:
By `populism' I mean two things: first, a brand of politics in which a strong, charismatic leader purports to be a saviour, blurring the distinction between leader, government, party and state, and ignoring the need for the restraint of executive power through checks and balances. Second, populism has often involved redistribution of income and/or wealth in an unsustainable fashion. Michael Reid. Forgotten Continent: The Battle for Latin America's Soul (Kindle Locations 256-258). Kindle Edition.

(U.S. Navy photo by Mass Communication Specialist Seaman Declan Barnes/Released)

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