Number Gut Update

Sugar producers also make out like Beltway bandits, receiving the difference between the world price of sugar, which is now $12 per pound, and the guaranteed price of about $21 per pound.

WSJ

(Let’s see how long they take to correct it.)

The Warrior-Scholar

@ SmallWarsJournal Blog.

To service the warrior scholar and the future warrior society needs to provide an educational framework of humanities and liberal arts that provide the essence of classical philosophy. Less, we create Ludites a good understanding of engineering and technology is of special importance. The officer cadre must have at least a passing understanding and awareness of the classical literature of conflict. The enlisted men should have a vocational understanding of the world prior to today and how it shaped whatever they are looking at.

I certainly agree.

Discuss.

Iran: Not a Serious Threat?

Barack Obama gave an interesting description of Iran and the threat it poses to the United States and our national interests at an appearance in Oregon last night. “They don’t pose a serious threat to us in the way the Soviet Union posed a threat to us,” Obama told a cheering audience, explaining why he doesn’t think we need to worry about “tiny” countries like Venezuela, Cuba, North Korea, and Iran.

(from HotAir)

People often underestimate new kinds of threats because they don’t look like the old threats. In the early 1920s and early 1930s, military aircraft didn’t look very impressive when compared with the warships of the day. It was hard to believe that a flimsy-looking biplane could really be a threat to a battleship of ten thousand times its own weight. Only real visionaries could see what was coming.

But after 9/11…indeed, after Hiroshima and Nagasaki…the danger of rogue states, in league with terrorists and motivated by apocalyptic beliefs…should be obvious to all. Downplaying this threat in 2008 is not like failing to understand the threat of the torpedo bomber in 1930. It is like failing to understand the threat of the torpedo bomber after December 10, 1941. (The date marking the sinking of the British warships Prince of Wales and Repulse, following quickly after the Pearl Harbor attack.)

The Music Industry

\"TV Ad For Mars Volta\"

A while back I was watching a television show that I enjoy called “No Reservations” with Anthony Bourdain when he traveled to Crete and Greece when I saw something completely astounding on television – an advertisement for the band “The Mars Volta” and their new disc, a CD that I actually went out and purchased (still don’t understand it yet).

Why was this astounding… because despite being a semi-avid disc buyer for decades the advertisements that I have seen were usually useless and not directed at me; but for once the record business actually targeted a show I’d watch with an ad that I would have responded to. So for a brief glimmer, an instant, I could see what some of these thousands of non-musicians that make up the music industry do and how it could add value.

ABOUT THE MUSIC INDUSTRY

Over the last several years the major record labels have been undergoing constant layoffs, restructuring, and mergers in an attempt to re-invent themselves in the digital age. There are four “major labels” today which control about 80% of the industry, with independent labels covering the rest.

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