Thursday, October 19, 2006

A Few Good Things

This is semi-interesting, in that very brief and pithy Forbes sort of way: The Average American: 1967 And Today. But I’m gonna call “bullshit,” right off the bat:

Mr. and Mrs. Median's $46,326 in annual income is 32% more than their mid-'60s counterparts, even when adjusted for inflation, and 13% more than those at the median in the economic boom year of 1985. And thanks to ballooning real estate values, average household net worth has increased even faster. The typical American household has a net worth of $465,970, up 83% from 1965, 60% from 1985 and 35% from 1995. (emphasis mine)

“Net worth,” means “assets minus liabilities.” I find it impossible—not difficult, impossible—to believe the typical American household has a net worth over $450,000.00. That’s bullshit, pure and simple. Still and even, the article is interesting for some of the demographic pictures it draws.

The fact is that in real terms, the Medians are doing great. Mr. Median makes 25% more than his father did 30 years ago, even after holding for inflation. Mrs. Median is a lot more likely to work in the professional ranks than her mom was, and to be paid about three times as much doing so. And though she still makes only 77% of what her male counterparts earn, this is up from 33% in 1965. They dote on the same number of children (two), but waited longer to have them, until both careers are well under way. They also pay less tax to the federal government and have 8% more purchasing power than they did 20 years ago, including 5.7% more than they had just ten years ago.

We’ve come a long way, Baby!

John Yoo has written a good op-ed in the WSJ on the Detainee and Military Commissions bill the President signed into law yesterday. Excerpts:

Until the Supreme Court began trying to make war policy, the writ of habeas corpus had never been understood to benefit enemy prisoners in war. The U.S. held millions of POWs during World War II, with none permitted to use our civilian courts (except for a few cases of U.S. citizens captured fighting for the Axis). Even after hostilities ended, the justices turned away lawsuits by enemy prisoners seeking to challenge their detention. In Johnson v. Eisentrager, the court held that it would not hear habeas claims brought by alien enemy prisoners held outside the U.S., and refused to interpret the Geneva Conventions to give new rights in civilian court against the government. In the case of Gen. Tomoyuki Yamashita, the court refrained from reviewing the operations of military commissions.

In Hamdan, the court moved to sweep aside decades of law and practice so as to forge a grand new role for the courts to open their doors to enemy war prisoners. Led by John Paul Stevens and abetted by Anthony Kennedy, the majority ignored or creatively misread the court's World War II precedents. The approach catered to the legal academy, whose tastes run to swashbuckling assertions of judicial supremacy and radical innovations, rather than hewing to wise but boring precedents.

[…]

This time, Congress and the president did not take the court's power grab lying down. They told the courts, in effect, to get out of the war on terror, stripped them of habeas jurisdiction over alien enemy combatants, and said there was nothing wrong with the military commissions. It is the first time since the New Deal that Congress had so completely divested the courts of power over a category of cases. It is also the first time since the Civil War that Congress saw fit to narrow the court's habeas powers in wartime because it disagreed with its decisions.

Since we here at EIP always attempt to be fair and balanced, here’s a link to an opposing viewpoint. Marty Lederman writes an extensive rebuttal to Professor Yoo’s op-ed, which may or may not interest you. Mr. Lederman is one of those folks who believe terrorists deserve the protection afforded by the Geneva Conventions and should enjoy access to US courts. I think he’s as wrong as two boys holding hands, but you may not. (hat tip to The Volokh Conspiracy for the Lederman link.)

It seems like I stumble upon the good things in life quite by accident most of the time. Such was the case when I came upon one of only four Starbucks Hear Music coffeehouses while in San Antonio. I was making my way up Crockett Street on the way back to the hotel last Thursday evening and was passing by a Starbucks store. I idly glanced in the window and saw lots and lots of CD bins, something out of the ordinary for your average Starbucks. I went in. And was amazed.

A clerk came over and asked if I had ever been in the store before. “No,” sez I. “Well, let me explain,” sez he. And he gave me the dirt: You can sit yourself down at a computer terminal and search Starbucks’ music database for any title that comes into your mind. If and when you find the album/CD you’re looking for, you can then slip on a set of headphones and listen to the entire CD, free of charge. Not snippets of songs, not “selected” tracks, but the entire album. Let’s say you like what you hear. You can go to the CD bins, pick it out and buy it. Ooops! They’re out of stock! Not a problem, The friendly Starbucks clerk will burn you a CD right there on the spot (from their on-line music archive) and sell it to you…and the artist gets credit for the sale. What a freakin’ concept! Needless to say, I could spend hours in a store like that.

Alas, time was short that evening. I was waiting for Buck to call after his banquet and we were going to go out and spend our last night on the town, so I had to get back to the hotel. I bought some new music (the latest Dylan album [Modern Times], a two-disc Dylan set from the 1975 Rolling Thunder tour, and a Sonny Landreth album) and walked out. But, oh do I ever wish I had access to that Hear Music store…

And continuing on the music theme… That Rolling Thunder set has been in the CD changer since I got back from San Antonio, and wow, is it ever good! Here’s the track list:

Disc One

1. Tonight I'll Be Staying Here With You
2. It Ain't Me, Babe
3. A Hard Rain's A-Gonna Fall
4. The Lonesome Death Of Hattie Carroll
5. Romance In Durango
6. Isis
7. Mr. Tambourine Man
8. Simple Twist Of Fate
9. Blowin' In The Wind
10. Mama, You Been On My Mind

Disc Two

1. It's All Over Now, Baby Blue
2. Love Minus Zero/No Limit
3. Tangled Up In Blue
4. The Water Is Wide
5. It Takes A Lot To Laugh, It Takes A Train To Cry
6. Oh, Sister
7. Hurricane
8. One More Cup Of Coffee (Valley Below)
9. Sara
10. Just Like A Woman

1975 just might have been the best year of my life. I turned 30, was living in Tokyo, and was traveling all over the Pacific Rim, having the time of my life. I also met and fell in love with TSMP that Fall…who was a big Dylan fan, once upon a time (she still may be, I dunno). So, all these tunes I’ve been listening to this week bring back some astounding memories. And they’re ALL good.

Today’s Pic: On the Kennebec River - Bath, Maine. June, 2005.

9 comments:

  1. "That’s bullshit, pure and simple." I like it when you speak your mind - no fence sittin for you :)

    The Yoo op-ed is very interesting. I read some moonbat's opinion earlier today on a comment page and was not sure what she was ranting about, but she seemed to be worried about her writ of habeas corpus. Maybe she is a terrorist at heart. Your links are always timely.

    Wow, music and Starbucks coffee! You must have been in hog heaven.

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  2. I always wondered why non-citizen prisoners of war are being granted Constitutional rights, and why the moonbats are so concerned about it. The Constitution is only binding on US citizens, not foreign terrorists, yet it seems the foriegn terrorist (and illegal aliens) is being granted more rights than law abiding citizens these days.

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  3. Heh, $450k ... well, I bet you're happy not to be in CA anymore, Buck.

    I just added up all the costs for the propositions here in CA for the November ballot. Guess how much? And I even rounded _down_ on some of the per annum ones ... :|

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  4. Oh yeah, Buck, Prop 86 places a $2.60 PER PACK tax on cigarettes and indirectly increases taxes on other tobacco products. They love the $2.1 BILLION ANNUALLY!!!!

    Yikes - 10 packs in a carton, $26 for every carton.

    I'm NOT a smoker, but I am a CAPITALIST and this is disgusting to me - always has been. Smoking may shorten my Dad's life, may have been the cause of many of my relatives passing early. But that does NOT make it right to single out one group of people.

    I was born here in California, I was raised here, I live here ... some days I wish I could leave here.

    But, that would be giving in to these left-wing-socialist scum bags. And I never stand down from a fight - and that's why some of us have served. :)

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  5. Lou said: (a lot).
    I've been wondering about all the posturing on the left on the subject of habeas corpus, as well, Lou. It seems like one of two possibilities: either I don't "get it," or they don't. I think I know the answer...
    And thanks for the compliment!

    Becky: Me, too. Irrational behavior on their part, to an extreme.

    Steve: Oh, ya, Bud...you are SO right about me being glad I'm not in California any longer. There are some things I miss (friends, food, and scenery), but not the general moonbat sensibilities so prevalent there. I find it interesting both the LA Times and the SFO Chronicle have endorsed Ahnold for Guv, so perhaps there's hope, eh?

    Your Prop 86 news is shocking. If I remember correctly, I was paying just slightly over $5.00 a pack for smokes when I left SFO four years ago. Nearly $8.00 a pack will be enough to drive some folks over the edge, a la Boston Tea Party. Or at the very least it will revive the smuggling trade. And the worst of it all? The poor will be the hardest hit, because the demographics of smoking indicate the poor "underclass" (an over-simplification, to be sure) has the largest population of smokers. And I'm not buying that "they'll quit when it becomes too expensive to smoke" crap. People who make that argument aren't addicted. And it's a powerful addiction. I know all too well.

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  6. "That’s bullshit, pure and simple."

    It is bullshit. It's a figure taken from the median, or rather, the average of all incomes combined. The figure is skewed upwards because of the incredible disparity between rich and poor.

    A more honest (and less republican friendly) figure would be the medium amount, which represents the halfway mark in which 50% have more, and 50% have less. That figure is closer to around $93k.

    Do you think Forbes might be interested in painting a more favorable picture just before the elections? There isn't an ounce of truth to be found in the corporate media right now.

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  7. Check that: I may have gotten medium vs. median backwards. Regardless, here's the real picture...

    "After growing rapidly during the boom of the 1990s, the net worth of the typical American family rose only 1.5% after inflation between 2001 and 2004, the Federal Reserve said in an update of a survey it does once every three years.

    The Fed said the net worth of the median American family -- the one smack in the statistical middle -- was $93,100 in 2004. Net worth, the difference between a family's assets and liabilities, rose a robust 10.3% between 1998 and 2001 and 17.4% in the three-year interval before that.

    A booming housing market boosted the typical American family's wealth between 2001 and 2004, but stagnant stock prices and rising debt offset many of those gains."

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  8. Well, the Governator isn't really a Republican, but, I'll take him! He's tons better than Red Davis and Gerry "Screw-Em-All" Brown!

    Oh, and Prop 86 adding $2.60 a pack is just stupid (as you agree). It is NOT gonna make people stop smoking, and, it DOES hurt those on the lower end of the pay scale.

    But, do Liberals really every THINK before they do stupid stuff like this? Nope. Talk about short end of the smart stick ...

    And DON'T get me started on Prop 87!!! We have Algore and Billy-Boy "Finger in the Wind" Clinton pimpin' for that prop! What a complete joke ...

    Eh, but, born and raised means I'm gonna stay ... just gotta love CA!

    :)

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  9. Anon said: Check that: I may have gotten medium vs. median backwards. Regardless, here's the real picture...

    Yes, you did get it wrong. Thanks for correcting yourself. Do you have a cite for your quote? I'd be interested in reading the whole thing.

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Just be polite... that's all I ask.