Tuesday, December 22, 2009

3 Things Affect Your Life. You Can Change Any Two of Them.

In a previous life the Watchman worked as a technology consultant.  When a client would question the cost of a project, he would tell them that there are three parameters that define a project and the client is welcome to change any two of them.  The third one will then compute itself.
  • Cost
  • Scope of Work
  • Delivery Date
If the client wanted the project to cost less while still being done quickly, then he or she would have to accept  a reduction in the scope of work.  Want all the bells and whistles for a low price?  Then don't expect it to be finished quickly.  You can control any two, but not all three.

A similar triad exists in the public sector:
  • Personal Taxes (Cost)
  • Entitlements (Scope of Work)
  • Public Debt (Delivery Date)
The only difference is that in the private sector the third item refers to the delivery date of the work while in the public sector it refers to the delivery date of the bill.

Tuesday, December 15, 2009

Location, Location, Location - updated

Or perhaps in the case of the Thomson Correctional Center the saying should be amended to 'Never give a sucker an even break.'



Monday, December 14, 2009

Blaming the Banks

Today President Obama summoned executives from the nations 12 largest banks to the White House to chastise them for... operating their banks in a sound and profitable manner that does not again imperil the world financial system.  That's not what he said of course.  But whether he knows it or not, that's what he did.

Liberty Watchman encourages President Obama to learn about how the banking system works by watching this video. It's an easy to understand explanation of how banks work. The story is told through a cartoon video so even children can understand it. Even a man-child President can understand it.



Tuesday, December 8, 2009

The Death of Objectivity

A civil society needs at least some non-partisan institutions.  Where there are no umpires, the players argue incessantly.  Where there are corrupt umpires, the players riot.

Who then are the umpires of American society?  At one time the Fourth Estate played that role, but no longer.  The left leaning main stream media utterly abandoned any pretense of objectivity with the coming of their King, Barack Obama.  That slobbering love affair has been fully consummated and government tyranny is their demon seed.