The Shorties in Black

In Plane Sight: I have a soft spot for Boeing. Here’s the latest version of the 747.

True: About the 2012 Elections.

On the Economy: global growth; more than 3 people for every available job in June despite the highest number of job openings in 4 years.

Math: “With regard to mathematics, the problem is not that we are teaching too much of it—but that we are teaching math ineffectively.  The expectations and architecture of the new Common Core State Standards in Mathematics can help to remedy this.  Faithful implementation of those standards will support districts that want to adopt curricula that unfurl mathematics in a rational, coherent program and that jettison approaches that are illogically sequenced and that overuse and abuse manipulatives.”

Perhaps there’s a logical explanation: Kids who eat good food turn out smarter than kids that eat junk food. Is it that good food contributes to intelligence, or that smarter parents feed their kids better stuff? I fail to see that this study accounted for the IQ, educational level, or socio-economic level of the parents.

People stand with the Nuns: and they appreciate it.

Today I learned: apparently, a psychic’s word is enough to get a warrant to search somebody’s property for a mass grave. Local governments are strapped for cash, but somehow they’ve got money for psychics? I do hope the locals find a way to get rid of the sheriff and judge that signed off on this.

The truth about corporate income tax: Many companies don’t pay that much.

Killer Kats: Turns out that outdoor cats kill a lot more than anybody knew. Funny thing about them being predators.

Funny, I have yet to kill anybody: “People without Facebook accounts are suspicious“? Seriously? I don’t have a Facebook account. There are millions of people who don’t. I’d say that relatively few of us are planning violence. Except maybe against idiots who think it means anything that I choose not to participate.

The *New* New Economy is Not Improved

Let me start by pointing out that today alone, the FDIC had takeover teams at 6yes, 6 — different banks in 3 different states. I think that Count Von Count would not be happy to keep track of this. Another number that would fail to please the Count but might make Dr. Evil happy, an anticipated one million foreclosures this year. That situation will get uglier before a healthy market can possibly emerge.

But as Expert Ezra points out, the reason people are so unhappy with the economy right now has a lot to do with the fact that corporate profits are up over 5%, the actual number of available jobs is down over 5% just since 2007. And frankly, I am of the opinion that without the economic shell game the government has been playing with the data, you would probably find that the 2001 recession never ended.

So then, with unemployment what it is, nobody should be particularly shocked that retail sales are down, again, and specifically sales of big ticket items are down. Nobody being able to afford goods leads quite understandably to the possibility of deflation — particularly if you can’t find a way to mask housing prices that are down by half in some parts of the country. Meanwhile, the rich get richer and the poor can, well, do whatever it is they do.

Add to this toxic stew two items: a political party that still thinks you can raise revenues by cutting taxes, but that making sure that “the least of these” can afford groceries is a bad thing; and a financial reform bill that the nicest thing anybody can say about it is that it’s better than nothing, probably. The safety net is being cut just as we need it most despite our protests, and our largest banks may still have the power to ruin us all.

Next time, assuming I am not distracted by something shiny or butterflies or kittens, The Latte Economy.

In Closing: Gee, greater blogosphere, thanks for noticing what I thought I was too late to say yesterday!; this could be bad; Senator Ensign should really give up now; I wonder how much; and two dinosaurs for the price of one.