Tag: recession

A cool, cozy Nest

I planned on writing a review of this nifty little device Real Soon Now, so let me take advantage of the fact that Engadget gave it a nod. It’s been talked about on NPR, twice. Even C|Net loves it. Popular Mechanics isn’t sure. Our household was an early adopter of the Nest Learning Thermostat. In fact as I think about it, we may well have had one of the first batch to ship back in December. By way of disclosure, my partner personally knows some of the people that worked on it. No, that didn’t get us a discount. And while we’re on the topic, I’m not getting a dime for this review; it’s just my honest opinion.

I’ve had programmable thermostats in the past. Most of them are hard to program, requiring lots of button mashing with the manual in one hand. The last ones we had would sometimes inexplicably reset themselves to the factory settings. Manufacturer knows best!

Unboxing a Nest is a very Apple experience. The packaging is lovely, designed to unveil your brand new $250 thermostat in the prettiest way possible. It has been called “the iPod of Thermostats.” Alright, but that’s not the nifty part.

First and foremost, it learns from the way you live your life. It will figure out that you like it a little warmer on cold winter afternoons, or that you like it cooler at night — and adjust the temperature automatically. It will in a matter of weeks figure out whether you are out all day or whether you leave around noon. You can of course correct it if it’s wrong.

Second, it has built in energy saving features that will reduce your energy bills. Not only will it adjust itself to you, if you pay attention it will help you save even more. According to their latest press release, an average family can save $1000 a year. That’s 4 times what the device itself costs.

Very few people are mentioning that multiple Nests can communicate with one another. This is a huge plus for any household with multiple HVAC units! They will work together to keep the whole house one temperature. This is why I think the Nest is a must for any larger home.

More people have pointed out that your Nest will actually connect to WiFi. What does that mean to you? It means you can control your thermostat from anyplace that you have an internet connection, including your smart phone! Want to turn on the AC or the heat when you leave the office for the day? No problem. Sitting at the airport and wonder if you remembered to turn off the air conditioner? Just log in and do it remotely. This makes it a must-have item for anybody who travels often or anybody with a vacation home.

Finally, it’s simple to use. The controls are intuitive. The menus use plain English. I have no problem saying it’s a great product and a huge step forward in programmable thermostats.

This item is cross-posted at my other site.

In Closing: recessions will do that; judge recognizes “fair use” when he sees it; and value added services.

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.

I Blame Paula Deen

I remember it was probably over a decade ago, I first saw somebody make a monte cristo sandwich on TV.  The chef might have been Emeril. It was the most decadent thing I had ever seen: a ham and cheese sandwhich, made with thick, egg-drenched slices of french toast. This made eggs benedict seem tame.

Time passed, and stuff like the KFC Famous Bowl came out, described by one blogger as “like throwing up in reverse.” But that wasn’t enough! Since then we’ve had KFC’s Double Down, Friendly’s Mac and Cheese Quesadilla, IHOP’s cheesecake filled pancakes, thousand calorie burgers (before the fries!) marketed as “healthy“, and a bunch of other things that look like somebody was trying imagine what they would submit to a Top Chef Most Calories with Stuff Already Here Quickfire Challenge.

Today’s entry:

That thing is a grilled cheese sandwich, made with melted American cheese and 4 deep fried mozzarella sticks, on sourdough bread. Served with marinara sauce and of course a heaping helping of fries. Available at Denny’s for a mere $4. Nutrition information is not yet available. It probably replaces the 650 calorie 3 Cheese Melt, which had been at least served with a choice of soup or salad.

I’ve got to agree with the Awesomer on this: Why didn’t they deep fry the whole thing? But remember, it’s only “culinary terrorism” if you actually eat it.

In Closing: it’s better than nothing; families spending less — or nothing — on back to school, bodes ill for Christmas; “Trade deficit inaction” means no new jobs in the Latte Economy, and that means a double dip recession is coming (assuming you think we ever got out of the recession); teenage wasteland; if we created 10 million jobs, Social Security wouldn’t have a shortfall this year; a less than cheery August thought, student loan debt now exceeds credit card debt; everybody heard about the guy who had a pea plant growing in his lung, right?; banks only follow the laws they want to follow; as the debate about tax increases/cuts continues, remember that you only pay taxes on money you make, and businesses only pay money on their profits; on the middle class; and finally, exactly how bad do you want it?

Nice of him to notice, and Economic Bonus Round

I am glad to see someone with a high profile speaking out on this, and I sincerely hope other journalists start talking about it.

Now, about that economy.

The nicest thing I can say about the United States economy right now is that unemployment isn’t as bad as it is in much of Europe. Our economy lost jobs last month — and only partly because some of those temporary Census workers were let go — but the really awful part is that the number of workers went down. It isn’t that we had an abnormal number of people die or retire or anything like that, it’s just that over a half million people gave up on trying to find work. And that’s why the official unemployment rate went down.

Of course, if you just happen to have the right set of highly technical job skills, there are plenty of jobs. But — as Jill so ably points out — somehow or another businesses don’t think they should actually have to train employees to use very specialized equipment. I guess they are waiting for the “Qualified Employee Fairy” to stuff resumes under the door.

It’s also worth pointing out that the SBA is running out of money again, which means it will be even harder for small businesses to get money to ramp up operations and create jobs. I am no supporter of the SBA — everyone I’ve ever known that has ever talked to them has ended up with an application for a second mortgage — but this is crazy.

So when all is said and done, I think that more than being “still in the gravitational pull of the Great Recession” and perhaps headed for a “double-dip recession,” it is more intellectually honest to say that from the standpoint of the typical American, there is no recovery: we still aren’t finding jobs, we still are having trouble paying the mortgage, we are still declaring bankruptcy at an alarming rate. Fine, maybe our largest corporations are still making plenty of money, but without the American consumer having money in pocket to buy goods and services, GDP growth can only be somewhere between shaky and an illusion.

In Closing: Uncle Shelby; turns out the kids are bored and not learning the things they should; on the newly revised dietary guidelines; fun with Google auto-complete; biggest banks in the world (and the ones that don’t exist anymore; and please, please drive safely this weekend.

Rosencrantz and Shorties Are Undead

Volcanoes!: Ok, the Eyjnafjallajökull eruption was bad, but usually when it goes the far more dangerous Katla volcano goes as well. Icelandic volcanic eruptions are blamed for temporary climate change that resulted in the Mississippi river freezing as far south as New Orleans and causing famines that eventually resulted in the French Revolution. Here’s 5 more great volcanic eruptions.

Real banking reform, now!: Mr. Reich presents what I consider to be a minimum regulatory laundry list. In the meantime, here’s some things you can do to figure out who really owns your mortgage. Oh, and if you are having trouble with your mortgage (or are in bankruptcy), pay extra close attention to this. Crap like that would not happen if it weren’t for “deregulation.” If you are a little lost figuring out the Goldmann Sachs story, here’s a nice analysis. Don’t forget that there’s a criminal investigation into what happened at Countrywide. Could it bring down Bank of America? We can only hope.

The recession is over? Like hell: The economy is very far from normal (and in my opinion will stay that way until the fundamental banking issues and certain insurance issues are solved).

Oh yeah, it’s 4/20: Did you know that a majority of Americans in the West support legalizing (and regulating) marijuana?

Stupid School Administrator Tricks: The story of a school district in Pennsylvania secretly using webcams in school issued notebook computers to spy on children gets deeper and weirder. They now admit to having some 56,000 pictures (and those are just the keepers and the ones they admit to having). Yet somehow, even though they have pictures of sleeping students, they miraculously don’t have any nudies? Yeah, I’m with Amanda on this one: suuuuure they don’t.

On the other hand: The Supreme Court isn’t amused by a SWAT officer who was reprimanded for texting his wife and girlfriend — both!? — on a police issued phone. Justice Stevens asked “Wouldn’t you just assume that the whole universe of conversations by SWAT officers who were on duty 24/7 might well have to be reviewed by some member of the public or some supervisor?”

Stupid Tax Tricks: Teabaggers who don’t know what they are talking about, and the myth that somehow corporations will pass on the cost of taxes on profits to customers.

Stupid Legislator Tricks: Apparently they are using some “new math” on Capitol Hill, as Senator Coburn is going on record as saying more money is “wasted” on Medicaid than is actually spent on it. Can’t he just admit he hates poor people and thinks any money spent on them is a waste? Either that or sign him up for Kumon.

Chemo sucks: but it is better than dying of cancer.

Almost makes me want to take up guitar: light-up guitar picks!

A cool cookbook, I hope: The Primal Blueprint Cookbook. Mine is on pre-order. So far all the recipes shared on Mark Sisson’s blog have been winners.

I will have more to say about this soon: Local interest lawsuit with nationwide ramifications.

Building a castle:  In the Ozarks. Now. It’s a pretty cool project!

Star Wars Japan Filter: Did you know that Mark Hamill went to High School in Japan? He’s working on a new movie project, by the way. And just to wrap things up, here’s an artist’s impression of what Star Wars characters would look like as done by Akira Kurasawa.