## Saturday, October 01, 2016 ... /////

### Janet Yellen is right: central banks' purchase of stocks may be useful and justified

When Janet Yellen was being chosen as the boss of the Federal Reserve, I didn't really know who she was, what she knew, and I was somewhat skeptical that she was an extremely bright economist.

Larry Summers – whom I intimately (don't overstate this word, however) know as the former president of Harvard – was an example of a guy whom I often disagree with but whose thinking was expected to be more penetrating, impartial, rational to me than Yellen's. After all, I have known way too many examples in which a less qualified female was picked by the forces of affirmative action.

I must say that after I have watched several press conferences featuring Yellen, I have largely changed my mind. As far as I can say, she understands economics, the economy, and the forces and pressures that affect it. And she is remarkably rational and impartial when it comes to the evaluation of the relevant questions.

## Friday, September 30, 2016 ... /////

### Barry Barish deserves a LIGO Nobel prize, too

It's not certain at all that next Tuesday, the Nobel prize in physics will be given to the people associated with LIGO, the (double) L-shaped experiment that announced the detection of Einstein's gravitational waves in February 2016. Recall that the waves were actually detected on September 14th, 2015, a year ago, just four months after an interview where someone said that the detection would take place "within five years". Sometimes things are slower than expected but indeed, sometimes they are faster, too.

Despite the uncertainty about the 2016 Nobel, the LIGO possibility is reasonably likely by now. Rumors indicate that the January 31st deadline for the nominations didn't turn out to be a fatal obstacle for the LIGO-related candidates.

In February, I was afraid that there could be some politically correct folks who would want to reward the current leaders of the experiment – basically random politically chosen hires. But thankfully or hopefully, it seems that the probability of this scenario has decreased and the actual fathers of the LIGO success – which made the decisive steps decades ago – are more likely to win.

### In 61 days, a Slovak billionaire will monitor every single Czech cash transfer in real time

Millions of stupid and jealous Czech sheep embrace the new "1984"

Unless something unexpected happens – and I pray that it will – the first batch of 50,000 of Czech businesses, mainly restaurants and hotels etc., will be obliged to immediately report every single payment from a consumer to the ministry of finance led by the Slovak-born food industry billionaire, media mogul, a VIP ex-member of the communist party, and a former communist snitch Andrej Babiš (net worth over $3 billion). The consumer gets a receipt and he or she – an amateur snitch – will be able to send the receipt's ID to a server of the ministry and verify that the payment has been reported by the business. A motivation is that he may win a lottery for the amateur snitches. Andrej Babiš's former career of a snitch is seen in every aspect of this sick system. If the payment hasn't been reported, the businessman will immediately face existentially threatening fines and other punishments that the minister himself may decide about – or forgive. The law defining the EET things is a classic "rubber law" that may be bent by the executive power. It's a similar kind of a law that made Adolf Hitler the Führer. This system is meant to guarantee that the taxes from that payment – every payment – will be sent to the government. Andrej Babiš, a member of the very bottom of the Czechoslovak moral cesspool who would have been executed in late 1989 if we hadn't decided to make our revolution in the "velvet" way (for example, their dirty family disinherited a relative who "dared to emigrate" from the communist Czechoslovakia, to emphasize how deeply into the communist leaders' aßes they are willing to climb in order to keep their undeserved advantages), and a guy who already owns most of the largest newspapers, will have access to all the information about every single cash payment to every business on the territory of Czechia, at least after all businesses are included into the system in a coming year or so. ## Thursday, September 29, 2016 ... ///// ### Aspects of the Indian-Pakistani (so far) miniwar The British Empire has been in charge of the British India for some time. In 1947, that territory declared their independence and new countries, Pakistan and India, were created. Pakistan is some 98% Islamic. India is mostly Hinduist (Buddhism is below 1% these days) and only 15% Islamist (Christianity is over 2%, the third largest religion there). However, you may see that India is still the by far more diverse country among the two. I would surely say that India is the more "politically Western" country among the two. You could say that it's "ironic" given the Pakistani prime minister Nawaz Sharif's Western suit and "Aryan" skin color on the picture above with the visually darker and more folklore-dressed Indian prime minister Modi. But India's fights against the Islamic terrorists basically coincide with the logic of similar fights that sensible Western countries have to wage. There have been three conflicts between India and Pakistan. Most of the conflicts are linked to the most disputed part of the border, inside Kashmir. Kashmir is a territory in the Northern part of the Pakistani-Indian border, a cool region adjacent to the Himalayas. Both countries claim all of it. In practice, it's divided to two similarly large parts by the de facto (but internationally unrecognized) border, the so-called "Line of Control" (LoC). That's where the newest tension is concentrated, too. ### Rainer Weiss' birthday: from Slovakia to circuits, vinyl in Manhattan to LIGO Along with Kip Thorne and Ronald Drever, Rainer Weiss is one of the most likely "triplet" that can share the Nobel prize in physics next Tuesday. Weiss' key contribution already occurred in 1967 – see the history of LIGO – when he began to construct a laser interferometer and published a text pointing out its usefulness. WVXU, a BBC-linked news source, just released a fun biography: A physicist who proved Einstein right started by tinkering with the family record player Aside from fundamental physics, one of the additional reasons why this biography may be relevant on this blog are his family's links to Czechoslovakia. ## Wednesday, September 28, 2016 ... ///// ### 92% in unhealthy air? Another example of a boy who cries wolf By Václav Klaus, Czech ex-president Today in the morning, my smartphone beeped and informed me about the reports that "an overwhelming majority of the inhabitants of the planet, namely 92 percent, is living at places where the air pollution surpasses the limits defined by the World Health Organization". ## Tuesday, September 27, 2016 ... ///// ### Most Czech viewers: Trump won 1st debate Donald and Hillary met in the first presidential debate (90 minutes of video) at Hofstra University, New York. Lester Holt was the moderator. The host had the full control over the questions, the audience – partly students – was expected to remain silent and not to use cameras and phones. Hillary said "Hey Donald!" and he shook her hand, apparently confident in his immunity against pneumonia and other contagious diseases. Quite generally, I am sure it's right to say that they behaved in a much more friendly way towards each other than their voters. ;-) Concerning similar formalities and speaking strategies, Trump was attempting to interrupt Hillary more than 20 times but only succeeded once. She didn't try to interrupt him, with three failed exceptions. ## Sunday, September 25, 2016 ... ///// ### Civil casualties in Aleppo are sad but negligible I just listened to a rant by Samantha Power, the current U.S. ambassador to the U.N. Well, what a hateful woman – when it comes to anything that has a relationship with Russia. She has nothing to do with the America that we used to love and that was inspiring us. One of the reasons I would love Trump to win is that he could end this absolutely insane anti-Russian hysteria in the U.S. Among other things, he could help to fire this particular insufferable female talking head. But it's not just Samantha Power. Boris Johnson talks about Russian war crimes in Syria while The Telegraph shocks us with the Aleppo horror. From that paper, you may learn what has actually happened. In a hugely intense bombing of the anti-Assad forces in Aleppo, an operation masterminded by the Kremlin and Assad, "dozens" of civilians have been killed. That's sad. (Media close to the Kremlin dispute even these dozens of death but let me assume that these sad reports are true.) But is that unexpected? Is that a lot? ## Saturday, September 24, 2016 ... ///// ### Orbán wants to build a Hong Kong for Arabs and blacks in Libya Hungary's prime minister Viktor Orbán keeps on presenting creative proposals that actually make sense. Hungarian Prime Minister says EU should set up refugee city in Libya He wants to grab a piece of land outside the EU – most specifically, he mentioned a place in Libya – and build a large enough camp that should host a really, really large number of migrants or self-described refugees. I chose the term "Hong Kong" because there could be a million people over there; the terms "Liberland" or "Dachau" look too small for Orbán's project. Note that Hong Kong was liberated from the Japanese overlords in 1945 by a combination of Chinese and British troops. The latter players were enough to bring the place under the British control which meant a huge economic advantage. As previously negotiated, Hong Kong returned under the control of the People's Republic of China in 1997. So far, they haven't destroyed the place – because at least in the economic sense, the mainland China has largely embraced capitalism by itself. ### NASA-sponsored article makes millions of Ophiuchus-born women hysterical Every five years or so (see 2007 and 2011), I write a blog post about the 13rd zodiac sign, the Serpentarius (the Greek name Ophiuchus is preferred by many these days but not by me) – the wearer of the snakes – in which I was born, much like everyone whose birthday is between November 29th and December 17th or so (more dates). Fall 2016 just began and it was inevitable that someone makes sure that this insight shocks millions of people, especially women. And it's here. See the recent Ophiuchus articles on Google News. ### Europe has a chance to be "out" when Paris comes to force The Paris agreement is a recent meaningless remake of the 1997 meaningless Kyoto treaty that, like the predecessor, tries to "fight against the climate change". Err once, err twice... If you remember the Kyoto treaty, Al Gore signed it but the U.S. has never ratified it, and neither has Australia. Canada later withdrew from that pact. I think that the impact of this absence of the U.S. on the production of carbon dioxide – let alone the climate – was non-existent. In fact, the U.S. saw a greater decrease of "CO2 produced per dollar or capita" than the average Kyoto signatory. But because the U.S. stayed out, the American climate alarmists couldn't show their muscles as aggressively as their European counterparts. Even though conservative Americans love to imagine that their nation is always more conservative than the European nations, I think that it doesn't apply to the current U.S. administration that is more left-wing than most European governments. This has many manifestations but one of them concerns the climate hysteria. ## Friday, September 23, 2016 ... ///// ### Media downgrade Roger Penrose to an invisible appendix of crank Lee Smolin A week ago, Roger Penrose released his new book Fashion, Faith, and Fantasy. We already knew that he was writing a book of this name in 2009 and Penrose was actually giving lectures with this name in 2006 or earlier. So you may say that this book is something that Roger Penrose – and he's far from an average man – has been working on for something like one decade. Also, the book has almost 200 figures which are freely available. I wrote the clearest description of the book that is now out in 2014. Is the demand for this product of a decade-long effort by a famous thinker appropriate? Before we turn to this question, let me remind you about the content of the book or the meaning of the words in the title. The three words, fashion, faith, and fantasy, primarily refer to string theory, quantum mechanics, and inflation, respectively. Roger Penrose has some problems with all these three things – and others. So he invents slogans to dismiss all these three important theories. String theory is a bubble, quantum mechanics is a religious cult, and inflationary cosmology is a result of folks on drugs who see pink elephants around. (Penrose's explanations are less concise and less colorful than mine, he's no Motl.) As I have discussed in previous blog posts, his negative opinions on all these three theories are fundamentally wrong. ## Thursday, September 22, 2016 ... ///// ### Thomson Reuters: Nobel for Cohen, LIGO 3, or control theory We got used to the predictions of the Nobel prize winners by Thomson Reuters. The awards will be announced between October 3rd and 10th. The predictions are in the article Web of Science Predicts 2016 Nobel Prize Winners Let us spend less time with the disciplines different than physics. ## Wednesday, September 21, 2016 ... ///// ### Nanopoulos' and pals' model is back to conquer the throne Once upon a time, there was an evil witch-and-bitch named Cernette whose mass was $750\GeV$ and who wanted to become the queen instead of the beloved king. Fortunately, that witch-and-bitch has been killed and what we're experiencing is The Return of the King: No-Scale ${\mathcal F}$-$SU(5)$, Li, Maxin, and Nanopoulous point out. It's great news that the would-be $750\GeV$ particle has been liquidated. They revisited the predictions of their class of F-theory-based, grand unified, no-scale models and found some consequences that they surprisingly couldn't have told us about in the previous 10 papers and that we should be happy about, anyway. ## Tuesday, September 20, 2016 ... ///// ### Al Jazeera attempts a terrorist attack against the Czech gambling industry "No stronger retrograde force exists in the world. Far from being moribund, Mohammedanism is a militant and proselytising faith," Winston Churchill famously pointed out. We could have seen another example just five hours ago when Al Jazeera, a hybrid of written Mohammedanism and modern Western left-wing brainwashing outlets, picked a particular target, the Czech gambling industry: Czech Republic: A dangerous gambling addiction The author, an American living in Burma ($5,000 is the GDP per capita, PPP), described Czechia as a decaying society where 110,000 gamblers (over 1%) should probably be stored in a psychiatric asylum. (The number 110,000 was picked from some random government documents and compared with numbers from other governments – which obviously use completely different methods so he was comparing apples with oranges.)

He admitted that these industries were overregulated during communism (which doesn't mean that gambling was absent: the totto-lotto ["Sportka" existed during socialism] and betting on sports was alive and reasonably well ["Sazka" was the large company that did this business already during socialism], while avoiding the efficiency of capitalism) but he described the results of freedom in this business as catastrophic.

Slot machines, quizomats – machines that test the encyclopedic knowledge or IQ, betting on sports, and other things were all included in his picture of the Armageddon.

### Czech presidents would pick Trump

There are various people in the Europe – and even in Czechia – who have endorsed Hillary Clinton for the U.S. president. Well, even though the late Václav Havel could be one of these people if he were around, the Czech presidents who are alive beg to differ.

President Emeritus Václav Klaus believes (and so do his aides) that Hillary's reign would be a continuation of the ongoing tragic drift towards the PC post-democracy. He thinks that Trump is a natural political animal who is currently playing the role of a campaigner and who will behave differently, more responsibly, once he sits in the White House. However, Klaus often says that "unfortunately, Hillary will probably win".

Well, I actually think that Trump's victory is more likely.

Today, the current Czech president Miloš Zeman, the founder of the modern social democracy in Czechia, was interviewed by iDNES TV and its boss Jaroslav Plesl, a journalist owned by the billionaire Andrej Babiš.

The first half of the 15-minute interview is dedicated to the Czech regional elections (in October 2016), the Czech economy, budget deficits etc. The elections are less important than the parliamentary elections. Those things are totally boring for 98% of TRF voters. Let me jump to the foreign policy questions.