Jack LaLanne

But the Recovery is Still On, Right?

The Dow and S&P were both up today. The economy is [allegedly] growing. Everything is on track and will be wonderful in the future, right?

Yeah sure.

The experts — at least the ones that don’t have their heads stuck in the sand — know that a real recovery means people will have to spend more money. In an environment where the Bureau of Labor Statistics quietly admits that real unemployment is 16.7%, and some groups have unemployment rates as high as 28%, that seems unlikely to happen.

Almost 11% of houses sit empty, mostly in urban areas. Eventually these homes will either be renovated or bulldozed. Experts predict a boom in apartments, without bothering to mention that’s because it will be a long time before a typical American has a downpayment. Just a reminder: the housing crash means that not only can workers not afford to move to Where The Jobs Are, workers can’t afford to start small businesses either.

Union membership is down. This does mean that wages are going down because nobody is there to fight for a living wage. It means that stable jobs are gone, because there’s nobody to demand them. It’s also a symptom of the fact that we can’t seem to make much of anything more durable than a latte in this country.

So wages are down, unemployment is high, houses are money pits rather than assets. But hey, they’re having a party on Wall Street. Maybe there’s leftover cake.

In closing: no; LOOKOUT (or just be sane); and how does that fix the radiation?; more on Jack LaLanne; an idea whose time has come; childhood obesity; solve the puzzle, win a prize; it must be nice; on health care; yes, Albania; that too; puzzling; and in case you wondered.

Inland Shorties

To Paraphrase My Source: why do we demonize doctors for over-prescribing (and parents for over-demanding) antibiotics when 80% of them are used on the farm?

Don’t Panic: Yellowstone has risen by as much as 10″ in spots.

Useless: New food labels tell you everything they think you need to know at a glance on the front of the package! Except, of course, how big a serving is.

Follow Up: Great Jack LaLanne quotes.

Been a while since we had a Japanfilter: Old pictures, traditional recipes. Less traditional. Free Japanese lessons.

Holocaust Remembrance Day: Enough said.

About Jobs: It’s not about competition; this might take some time; if he’s right, his wife may be unemployed in 2 years.

ACLU: Oh Snap.

Unaffiliated: Monitor lizard.

When can I buy one?: VW‘s latest mileage monster.

Harry? Is that you??: Reid says we must “reintroduce truth into the public debate.” Among other things!

Sharron: Won’t rule out running for President in 2012. Shudder.

Google: strange sense of censorship.

Deficit: Why austerity is a sucker’s game.

Duh: Financial crisis was avoidable.

The War On Drugs Gets Silly: Drug catapult.

That Nixon Was Too Liberal: Newt Gingrich says the EPA must go.

JP Morgan Takes the Fifth: Won’t detail a half million loans.

No, really?: Housing bust means workers can’t move to new jobs, a key feature of the “job market.”

Rare Fossil: Pterosaur and egg.

The man who revolutionized exercise in America, Jack LaLanne, died yesterday at the age of 96. He performed several spectacular public stunts, set world records, had a popular exercise show for decades, preached weight-bearing exercise and healthy eating, owned health clubs, and invented a bit of equipment you’ll find in every serious gym, the Smith Machine (click there to find out why it’s called the “Smith”machine instead of the LaLanne Machine). Oh, and although I can’t find signs that he practiced, he was a Chiropractor (it was probably the most efficient way to learn anatomy and physiology for him).

Rest in peace. I do hope some of today’s fitness superstars have enough class to attend his funeral.

Follow-Up: Steve Edwards (the other guy behind P90X) did this item.

In closing: coincidence; why not just troll Google Street-View for evidence?; rehab; truth; regulations; and Reich is right correct.

Follow-Up and Vegas Miscellany

In a way I wish I had waited until today to write The BAMTOR Principle. By some weird coincidence a bunch of other people have also noticed that Banks Always Make Their Own Rules that don’t necessarily have anything to do with the law. It turns out that many people knew that Wall Street was selling mortgage backed securities that were destined to fail. But what HuffPo didn’t bother to point out is that what those banks and brokerages did was in violation of the law. This blatant double standard — “laws are for little people” — will continue until the Feds start putting people in jail, levying huge fines against individuals who signed off on breaking the law, and states sue for the right to prosecute violations of state law.

In light of this, the banksters have the chutzvah to say that breaking up “too big to fail” institutions would create more risk. Yeah, more risk for their jobs.

As far as the economy goes, it turns out that 74% of Americans agree with me that regardless of what the government says about GDP, we are still in a recession. It’s getting more obvious that the numbers are being gamed. But don’t expect any administration in the near future to start talking about what inflation, unemployment, and GDP really are, because then we would all understand what deep doo-doo we are standing in and probably vote a lot of bums out.

Of course you need to be careful about voting bums out, as Christine O’Donnell and Nevada’s own Sharron Angle illustrate. Congruent Angle? Sorry I’m running out of Angle jokes.

And that brings me to an armload of local interest items. Let’s start with the spectacular view from the Cosmopolitan. Down the Strip a little bit, be careful about sitting by the pool at CityCenter’s Vdara, or you may experience their unique “death ray.” If you are planning on getting off the Strip, you will want to at least look over these amusing tips. One of the restaurants I visit regularly has been reviewed again, and I only recognize two of the things they were served. I haven’t talked a lot about it, but I am keeping an eye on the case of Erik Scott, killed in broad daylight by Metro in front of a Costco in one of our most yuppified neighborhoods. By the way, last week’s CSI did a great job of addressing it and not addressing it.

In Closing: electromagnetic spectrum; lies your teachers told you; cheap food costs dear; abortion does not have dire emotional consequences; Israel cannot have its cake and eat it too; people don’t like health insurance reform because it didn’t go far enough!; True Mud; a few words on taxes; Professor DeLong nails the Republican view of America; have we tried the simple stuff first?; Jack LaLanne is 96 (was I the only one who noticed Drew Carey’s homage in the blue “speed suit”?); and medical ignorance.