All Hail the Aussie

In Tour de France on July 23, 2011 at 10:20 PM

With only the ceremonial ride and final sprint into Paris to go Cadel Evans will be the first Australian to win the Tour de France.  He rode a great final time trial to pass the Schlecks, Frank and Andy.  The only thing left is to see if Marc Cavendish can hold on to the Green Jersey as the best sprinter.

Congratulations to Evans.  Also not to be forgotten this year are the perfomances of the two men who wore the Yellow Jersey the longest, Thor Hushovd and Thomas Voeckler.  Both held the jersey longer than anyone expected and Hushovd actually winning to stages in the mountains.  Not bad for a sprinter, but he is the World Champion.  And as always the great Jens Voigt showed what he can do a bicycle to cause pain to other riders and support his team’s effort.  He even learned to Tweet during the Tour.

After the finish it will be only 342 until the Grand Depart of the 99th Tour de France.  The big questions for 2012 are:  Will Evans be able to defend?   Will a Schleck win?  Will Contador stage a comeback if he is eligible to ride?

Is there a better pair of announcers in any sport than Phil Liggett and Paul Sherwen?  I do not think so.

Le Tour in the Alps

In Tour de France on July 20, 2011 at 6:15 AM

First day in the Alps in the 2011 Tour de France.  Should be a great day.  Do the Schlecks make a come back? Does Evans go into Yellow?  What about Contador?  Or does Voeckler shock the world and stay in Yellow.

GOP Hypocrisy on Debt Ceiling – Raise and Reach It

In Politics on July 19, 2011 at 11:22 PM

The House GOP must have their picture in the dictionary next to the word Hypocrisy.  They have passed the Ryan Budget yet they refuse to increase the debt ceiling as is necessary for even the Ryan Budget.  Under the Ryan Budget the deficit will increase until at least 2022.

On the one hand the House GOP passed a budget that requires an increase in the debt limit, but they refuse to increase the debt limit.

Furthermore the GOP wants to balance the budget without an revenue increases.  However, in the absence of revenue increases nothing will happen to lower the deficit.  The deficit may not increase but it cannot come down much either.  Assume that there is a $100 debt.  The next budget proposed would raise the debt to $110.  If you follow the GOP and slash spending to a balanced budget, the debt will remain at $100.  The only way to reduce the debt is to increase revenues and use the increase to pay down the debt.  A spending slash will not reduce the debt because it only reduces spending for programs that already exist and allows no money to be used to pay down the debt.

Of course none of this will help solve the real problem in the economy.  That is jobs.  Upon taking control of the House, John Boehner said that the number one issue for the GOP would be creating jobs.  What have they done to create jobs in over a half year in power?

There is a need for jobs and the best way to create them is through government spending.  The United States went through a similar period of economic distress in the 1930s.  Instead of continuing deficit spending they tried to balance the budget.  All that did was slow down the recovery.  It is time to keep deficit spending up and create jobs program to help the economy and create jobs.    This is not my thoughts, that of a Nobel Prize winner in economics.

Keynesian Economics works.  Exactly what economic model and theory is the GOP using?