Note the lie in the headline

An article at CNBC caught my eye yesterday, particularly because the headline – and the body of the article – contain a blatant, out-and-out lie, designed to con the consumer. Homeowners are sitting on a record amount of cash – and not tapping it U.S. homeowners today are getting richer by the minute, but they are less likely to cash in on their newfound wealth than during previous housing booms. As home values rise, home equity lines of credit, often used to tap home equity, are flatlining, and the overall amount of money people are taking out of their homes

Continue reading

Deploying a braking parachute BEFORE landing?

This seems weird, but it also seems to work.  According to The Aviationist, this Polish Sukhoi Su-22 strike aircraft was filmed deploying a drogue braking parachute in the air, before touching down, as a deliberate maneuver to slow down faster when landing on a very short or damaged runway.  It apparently allows the aircraft to stop within about 1,000 feet.  The pilot appears to retain full control in the air, despite the additional drag. That’s all very well . . . but if the chute doesn’t deploy properly, and the aircraft is committed to a landing without enough room on

Continue reading

On America’s birthday, blinkered vision endangers her

I’m sure many readers have seen the alarm expressed by commentators on both sides of the political divide about our present political situation.  Both the far left and the far right of US politics appear to have been seized by extremists, who are promoting views that can only lead to a headlong clash with each other.  Those in the center, wishing to keep America united and work out our differences in a rational, reasonable, civilized manner, are increasingly being either radicalized or marginalized. What’s worse, many of the screeds offered by both sides are so partisan, so biased, that even

Continue reading

A nightmare for parents, and a sobering lesson

A home invasion robbery in Texas had ghastly consequences for one family, particularly their seven-year-old son. The homeowner told police that three masked black suspects broke through the front door and pistol-whipped him, causing injuries. “This is the worst kind of crime against a family,” Sheriff Troy Nehls said. “Three crooks forcing their way into a home in the middle of the night is appalling. To make matters worse, they accosted a 7-year-old child. They’re cowards, to say the least.” Nehls said the father kept telling the intruders there was no money and to take jewelry or a car, but

Continue reading

Chain migration’s effect on one Pennsylvania town

City Journal recently published an in-depth article about the effect of chain migration on Hazelton, Pennsylvania.  It’s a startling and eye-opening piece of journalism.  Here’s a lengthy excerpt.  Bold, underlined text is my emphasis. With a population long dominated by the descendants of European immigrants, Hazleton has been radically transformed since the early 2000s by secondary chain migration, principally driven by Dominicans—immigrants, both legal and illegal, as well as second- and third-generation citizens arriving from the New York metropolitan area. In 2000, Hispanics made up less than 5 percent of Hazleton’s population; they now account for more than 50 percent.

Continue reading