Derezzed

Two quick thoughts this morning and then the closing bits.

First, I did see Tron: Legacy over the weekend. Now, even the best reviews consider the plot a little bit difficult to follow. Without giving up any spoilers, I found this criticism to be unfair. Granted, I did myself a favor and popped the original in the DVD last weekend. What I think has happened is that to really appreciate what is going on requires more background knowledge than most of the audience had. You had to have some idea what happened in the original Tron. You had to have a passing knowledge of 2001. Being well versed in Star Trek helped. Remembering The Matrix Trilogy would be good. Blade Runner should be a movie you’ve seen. You had to know who Jules Verne was. In addition to a diverse literacy in Science Fiction, you also needed a moderate modicum of computer knowledge. Tron’s actions are explained by his one line: “I fight for the user.”

Jeff Bridges’s redux of Kevin Flynn draws strongly on The Dude from The Big Lebowski, and he adds surprising depth to the dual character of Clu particularly in the final scenes. Bruce Boxleitner does an excellent job reprising his role as Alan from the original Tron. Olivia Wilde makes a credible, innocent yet tough Quorra. Garrett Hedlund holds his own against an amazing cast, an amazing situation, and amazing effects. Oh, and the Daft Punk soundtrack freaking rocks.

My second quick thought is in regards to Social Security, a proven poverty-preventing program that does not contribute one red cent to the national debt, but that politicians would like to gut anyway. There is a nasty rumor that the State of the Union Address will include calls to gut the program: Click here to tell the President you think that’s a crappy idea.

In closing: “We can’t let 9 year olds have abortions!”; More “pro-life” hypocrisy; no, really, a 30 year old law designed to prevent discrimination did not suddenly cause foreclosures in the last 5 years; at least violent crime is down (until we peasants start getting desperate); I guess the Feds should keep an eye on all of us!; duh; health insurance is nothing like auto insurance; and how come Dubya couldn’t find just one of these guys to talk about at the State of the Union Address in 8 years??

Grape Leaves Changing Color

Fall has officially arrived in Vegas.

In Closing: 22.5%; a brave man confronts ignorant women; it’s the continuing adventures of Harry and Sharron!; glad I’m not in Chicago this week; accidental gay marriage; is anyone really, honestly surprised they’ve found oil at the bottom of the Gulf of Mexico? Really?; no wonder things are tough all over; Vote For Jobs (and in my opinion, against ballot initiatives); the Problem with Charity; I bet that there may be jobs at the worlds largest solar-thermal plant; what is the Treasury hiding?; BlueGal‘s got your Contract With America; Hup, two, three, four, keep it up, two, three, four; trial balloon (notice that the things under consideration mostly effect working class people?); gee I can’t imagine why; the “step 2” problem with austerity; President Obama created more jobs this year than President Bush created in 8 years; on poverty and student performance; ZAP!; and Janitors with PhDs.

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.

The BAMTOR Principle

There’s a story I first heard told some years ago by Cokie Roberts. Perhaps you weren’t aware that both her parents were in the United States House of Representatives. Not at the same time, of course: her father was elected; upon his death her mother was nominated to take his vacated seat, and she was later re-elected several times in her own right. After she had been in the House for a while, she decided that she would like to have a condo in Washington where she could stay while Congress was in session. So she went down to the local bank to apply for a mortgage. She began to question some of the documents that were required of her, and the mortgage officer said they were required by federal law because she was a single woman applying for a mortgage. Rep. Boggs calmly replied something to the effect of “No dear, it’s against a federal law that I helped write!”

The BAMTOR Principle isn’t something that happens when language-challenged super-heroes get mad: it stands for Banks Always Make Their Own Rules. It was true in the mid-70s when Rep. Boggs tried to get a mortgage — how many women simply sighed and handed over the illegally-requested materials? Nothing has changed for the better.

This week GMAC, under it’s new identity as Ally Mortgage, announced that they were halting foreclosures in 23 states. A quick search revealed to me that those 23 states included every state where a foreclosure has to actually go in front of a judge, and many states where they must pass under the Sheriff’s eyes, but no states where it’s a simple matter of a Trustee’s Sale. The obvious conclusion is that their documents will not pass legal muster — but who cares if all you have to do is file papers with the County Recorder and have a sale?? It’s obvious to many observers that they failed to follow the law, in spite of “company policy” that they follow the law, and that this pattern of not giving a **** about the law has persisted for some number of years. Nor are they the only mortgage company with this problem.

Perhaps you’ve heard that Wells Fargo is trying to avoid the responsibility of selling homes they may or may not have the actual right to sell? Most people buy a home assuming that it is theirs and they can sell it to somebody else someday, but that might not be true here; regardless of how many places buyers initial the “bank addendum,” I smell a future lawsuit, particularly when the buyer’s mortgage company gets involved. No wonder banks prefer cash offers.

This brings up another interesting point of law that the banks don’t care to follow:

Now this little problem can be solved by title insurance, right? Well, guess what, some title insurers have exited the business, some others are starting to write policies with meaningful exceptions when they can’t go to the courthouse and find a clear chain of title. Oh, and Wells is trying to steer you towards their title insurer. What do you think the odds are that their title insurance policy doesn’t have exceptions?

A Federal law called RESPA says they can’t actually make you use their title company, but in practice good luck using any other title company. This particular fear is a little overblown because title companies use three standard policies, but the point is taken.

Nor is real estate the only realm where banks ignore the law. Earlier this month, remember that Goldman Scahs decided to graciously close down the proprietary trading unit that the financial services reform bill prohibited. And let’s not forget that back in the 90’s, the Citibank/Traveller’s merger was allowed go ahead most of a year before the actual law allowing such a merger was passed. There was barely a peep from regulators, who assumed that Congress would bend to the bankers’ wills.

When they can’t just outright break federal law without repercussions, they bend it. New rules on bank fees? Let’s just make some new fees!

Nor is it just Federal law that banks choose to ignore; they are perfectly willing to bypass state law as well. Bank of America (and Countrywide before them) has a nasty habit of foreclosing on the wrong house, mostly in Florida. As someone who lives in a neighborhood with a bunch of similar street names and its fair share of foreclosures, I can’t help but wonder if I need a better alarm system. Here in Nevada, we have a number of laws that banks choose to ignore, but since they are “federally regulated” I am told I have to take my complaints directly to the Comptroller of the Currency in Houston. Senator Ensign’s office was particularly condescending about it; if the lady I talked to could have patted me on the head through the phone, she likely would have.

The worst thing about the BAMTOR Principle is that Joe and Jane Average don’t really have a way to enforce good behavior with their wallets. Go ahead and try to open a checking account with a small, local or regional bank; perhaps you haven’t noticed that those smaller banks are disproportionally being shut down by the FDIC and sold to other banks that range from “huge” to “too big to fail.” Assuming you aren’t one of the millions of people who are “underwater” on their mortgage, sure you can get a new mortgage, but you can’t stop that mortgage company from selling your mortgage right back to the company you were trying to avoid!

Go ahead, feds. “Mull new rules.” The Bad Boys of Banking will just find new ways around the ones they don’t like until such time as the feds are willing to take a “tough love” approach, holding bankers responsible — putting people like department managers in jail or fining bankrupting sums of money where appropriate — and breaking up any institution so big that its failure would harm the economy.

In Closing: how abortion protests kill babies; add Michelle Obama and most of the White House Staff to the list of P90X people; where can I get one of these?; Good Samaritan; A question like “How to Lose a Million Jobs” will certainly get your attention; “Super-Rich Get Richer“? Oh good, I know everybody was worried about them; a fascinating read; “luck is not a business model“; more evidence that the insurance companies are doing all they can to subvert “reform“; fewer people working in 36 states, unemployment rises in 27 states, Nevada is still leading the pack; maybe they ought to read what Jesus really said someday; an interesting way of looking at things (h/t Calvin’s Mom); Sharron Angle is only a symptom of the craziness of American Politics; why fiscal stimulus isn’t working; and the Fed is trying to decide if — if! — they need to do more to fix the economy. Well, guys, look at today’s political cartoons and you tell me.

Oh yeah, and happy Autumnal Equinox.

Am I Late? To the Discussion on Sex and Health Insurance, that is

It seems that certain loonies have realized that the recently passed health insurance reform bill actually might benefit women.

To wit, people — who happen to be women by the way — who manage to get coverage in the various state pools for those who can’t get traditional insurance due to pre-existing and/or chronic conditions might — might! — have abortions that are covered by that insurance. Now the President says something to the effect of “Oh no, no that’s not right. The Feds ain’t payin for no abortions. Don’t you worry your pretty little heads, religious zealots!” Actually, says a spokeswoman for the Department of Health and Human Services, yes they will be covered but if and only if it’s rape, incest, or the woman’s life are in danger (not health, but life). Now remember that the entire purpose of this pool is that the insured has health problems bad enough to keep her from getting insurance elsewhere.

Yeah, because society is really better off when we make cancer survivors and the like pay for their own damn abortions. Dirty sluts!

Elsewhere, we have rumblings that certain conservatives (who must have been out of contact with reality for the last few decades) are upset that insurance coverage for The Pill — and for that matter the screening test you need before the almighty Gynecologist will allow you access to a twelve month supply, and not a single pill more — might become standard. Or, as Amanda Marcotte helpfully simplifies it, “Conservative Groups Demand High Abortion, Teen Pregnancy Rates.”

I would like to address one particular statement from Chuck Donovan at the Heritage Foundation:

People who are insured don’t want to pay for services they don’t need or to which they have moral objections. Parents want to have a say over what’s covered and what’s not for their children.

Let’s take this to it’s logical conclusion, shall we? They want you to think that they have a moral objection to birth control (and abortion, which is prevented by birth control). The second sentence makes it clear that they object to sexually active teens having access to birth control. So he does make clear what those of us who have kept track of anti-abortion rhetoric for a while have long known: they are really against sex. Well, more accurately, any sex they aren’t having. If they are against their kids preventing pregnancy and support women people “living with the consequences of sex” as most so-called pro-life people claim they are, they must surely also be against curing any sexually transmitted diseases they may contract. After all, that syphilis or gonorrhea is a consequence of sex!

And so why should insurance pay for this? Why should it be insured when Joe Average fools around and accidentally gives Jane Average a disease she’d rather not talk about in polite company? I don’t support people cheating on their spouses! Do you?

And with that, I stumble on why research has developed no vaccine against AIDS, let alone any hope of a cure.

Well guess what? The overwhelming majority of Americans think it’s a good idea to let other Americans plan the size of their families. The overwhelming majority of Americans think that although abortion is often a tragedy, it is most often the best possible end of an even bigger tragedy. And yes, have no fear, almost everybody agrees that it is a good idea to cure people with sexually transmitted diseases.

As “reform” is implemented, let’s not allow our elected officials to forget that while the squeaky wheel may need greasing, that alone won’t get you where you need to be.

In closing: ghost ship at ground zero; Wall Street “Reform” will soon be law; notice what happens after 2001; and pictures of Kyoto. Next time, hopefully, something on the economy.

Mortgapocolypse

Before we get to today’s news, let’s start with a bit of history and background on how banking and lending works. Long ago, the first bankers realized that the odds of everybody wanting their money at the same time were just astronomical. So if they were to lend some of that money out at interest, not only would they profit, but they could pass on a little bit of that interest to depositors, making people want to deposit money with them. Charging of interest is even discussed in the Bible, so we know it happened in Biblical times. This process in fact creates money, so it’s very important to the economy.

But let’s fast-forward to a mythical and highly simplified bank somewhere in America. We’ll call it Bailey Bank. Bailey’s got ten thousand depositors with an average daily balance of $1,000. Simple math says they have roughly $10,000,000 in deposits — small by modern standards but still nothing to sneeze at. The Federal Reserve Bank regulates how much money they need to have on hand, and also says how much needs to be deposited with them for emergency purposes. They still have plenty of money to lend out.

So Bailey makes a few dozen mortgage loans, and lends for a few farms and small businesses too. If they are short on cash, they can borrow money from nearby Potter Bank or from the Federal Reserve, at interest rates set by the Fed. These are the rates that Greenspan used to mess with, and the ones Bernanke can change today, not the rates that banks charge us but the rates they charge one another and the rate that the Fed charges them.

When they came to the point where they didn’t really have more money to lend, they sold a bunch of mortgages to Fannie Mae and Freddie Mac. Fannie and Freddie paid them to be the servicers — sending the bills and collecting the money — and paid Bailey most of the money they would have earned by keeping the mortgage until it was completely paid off. This left Bailey with more money to write more mortgages. But Fannie and Freddie have rules about what they will and won’t buy. So Bailey changed some lending policies to make sure that Fannie and Freddie would buy their loans. There are properties that you almost can’t get a mortgage on because other banks did the same thing.

You already know the sad story of banks being left holding the bag in the foreclosure crisis they created. And maybe you even have seen how banks are driving down property values in your neighborhood by dumping properties at ludicrously low asking prices.

This also left Fannie and Freddie behind the 8-ball, and it may yet cost American taxpayers $1,000,000,000,000 to fix it. Why bother? Because banks have stopped counting on holding mortgages until they mature and count on selling the paper to investors like Fannie and Freddie. Without someone to buy the paper and give banks more money to lend, lending will dry up even more than it already has. And that means almost nobody buys property without cash. It may already be too late to save Fannie and Freddie; they are being delisted from the New York Stock Exchange. It would be polite to say that’s a negative for the stocks.

But there is one ray of sunshine in the mortgage mess: the arrest of Lee Bentley Farkas of mortgage company Taylor, Bean & Whitaker. He and unnamed conspirators are accused of fraud in the TARP program, “misappropriating” $400,000,000, and causing the collapse of Colonial Bank by selling them $1,500,000,000 in bad mortgages. I agree that this prosecution is a good start.

In closing: Arizona still keen to repeal the 14th Amendment even as its schools wonder how to comply with state law; homelessness in America; China owns 13% of the publicly held national debt; some people said I was nuts when I suggested that some religious nuts favored the life of an embryo that couldn’t even become a baby over that of a fully grown woman; terrorist nitwits; and sometimes buttons are better than velcro.

2001 Maniacs: Field of Shorties

The Truth About Cattle Grazing: done correctly, it can help restore the land.

Two Funny Things and a Lot of Unfunny Ones about Racism: Let’s get rid of the Mexicans, and Who translated this for you? There’s a movement afoot to pass laws that violate the 14th Amendment on the grounds that not everyone born here has parents that are really not American enough. By not American enough, they generally mean “brown.” There are a number of problems with this, aside from Constitutional issues (funny how some people only like the Constitution some of the time). First, you might end up with people who can’t prove they were born anywhere because the law denies them a birth certificate. Second, you might end up with people who are effectively not citizens of any nation, because they weren’t born in the country of their parent’s citizenship. Third and finally, who gets to decide what constitutes “American enough”? At least “born in U.S.” is a simple to apply measure.

More on Friday’s lousy employment report: Good, bad, and ugly. Really ugly.

Obligatory Gulf of Mexico Oil Spill Items: Woo, recapturing a whole 10,500 barrels a day. Really interesting that a BP exec managed to dump a third of his company stock a month before the disaster. You would think they could find a cable tie to keep stuff out of the way on the equipment BP is using a mile below the surface. Harry Reid thinks BP should pay for the clean-up (more on Harry come Tuesday with the Nevada Primaries, probably over on TMV). And on BP’s spill “plan”.

Civil Forfeiture Must Go: Guy sells truck on a payment plan. Truck gets seized by the cops. Cops don’t care that guy still has title and is owed money on said truck. Somehow I bet GMAC doesn’t have this problem.

And it’s only June 6: 22% of states have passed new abortion restrictions and 81 bank failures so far this year.

Speaking of the Banks: 6 made $51,000,000,000 last year; the other 980 lost money.

While we’re on the topic of making money: Just the threat of Federal enforcement makes companies want to restate their earnings.

How Laws are Really Made: Most people of my generation were taught that it works something like this, but the truth is a bit more complicated.

Run Sarah Run!: Ten reasons she should just keep doing the speaking circuit and stay the heck off the ballots.

Two Medical Items: Did you know that if enough doctors decide “No, that isn’t enough money for that procedure and we won’t take that insurance anymore,” the Government can decide they are in violation of anti-trust laws? And scroll down for a breakdown of infant mortality rates in developed nations, compared to health care spending per capita and military spending as a percentage of GDP. The United States has a shameful showing.

And Finally, Japanfilter: Fireflies.

Twofer Thursday: This is Your Economy and Warren Buffett Redux

This is Your Economy:

The ADP payroll report is out today. They’re the people who print paychecks, so they have a very good idea how many private sector jobs there are. And in May, they say there were 55,000 more private sector jobs. All the gains came from the “service” sector: jobs that often begin with “how can I help you” and end with “is there anything else” (or alternatively, “would you like fries with that”). No new manufacturing jobs; no new construction jobs; no jobs doing anything that won’t be gone or irrelevant in 6 months. Tomorrow the Bureau of Labor Statistics will come out with their own numbers, which include government jobs. And since there are roughly 400,000 extra Census workers on the job right now, they are expected to announce something like 540,000 new jobs. Because those Census workers will be unemployed by Christmas, we should really call this 140,000 new and possibly permanent jobs. Once more, we haven’t added enough jobs to account for people entering the workforce (sorry, class of 2010!) let alone put the unemployed to work.

Speaking of the unemployed, the percentage of them who have been out of work more than half a year is at record levels. Sadly, unemployment is higher among parents, who have families to feed. Let’s not forget that the biggest reason for unemployment benefits is that those kids didn’t do anything wrong and still deserve roof-over-head and dinner-on-the-table. And in an unconscionable move, at least one employer is advertising that they won’t consider your application if you are unemployed! On what planet is it desirable to hire people who you know will jump ship for a better gig, when there are thousands of unemployed people desperate to work for you? Even without the public relations nightmare unfolding, how can this possibly be good business?

No wonder personal bankruptcy filings are up.

This is your economy. And now, in the face of a consumer revolt that threatens to turn into a voter revolt, Congress is actually considering doing something about the people who got us here. It sure sounds like too little too late, if it happens at all.

Warren Buffett Redux (a follow up):

Yesterday was the big day for the Oracle of Omaha. He had to sit down in front of the Financial Crisis Inquiry Commission and explain how the 3rd richest man in the world let a ratings agency he had partial ownership of overlook the real estate bubble. Well, he didn’t want to “look foolish” by sounding the alarm. After all, everybody was trying to make a buck in real estate. Nobody could have seen it coming, especially the company that was paid to see it coming. Which is it: he didn’t want to be the first to say anything, or nobody could have foreseen it?

Kind of unimpressive testimony. It’s almost like he was trying to invoke his right to remain silent.

In Closing: Androids don’t play Tetris; Wal-Mart’s lawyers warned the company not to be misogynist prigs in 1995; obligatory Gulf of Mexico oil spill items; Congressional slap-fight may make it hard to buy a home anywhere floods are a remote risk; Driving While Black (I feel certain that “brown” is close enough in many areas); cooking is hard; health insurance limbo; vaccine refusal puts everyone at risk; National Association of Evangelicals might actually be ready to face reality, that birth control prevents abortions; farewell Mercury; the 50 year “anomaly”; Governor Gibbons made the Real ID Zombie walk again, but the ACLU’s got a boomstick; and Star Trek insignia. Yes, I do try to always make the last item fun.

Oklahoma Shitbowl

I do try to avoid unnecessary profanity, but what Oklahoma is doing is profane.

Maybe by now you have heard that any woman unfortunate enough to be pregnant in Oklahoma will find great obstacles to her care. For one thing, her doctor is allowed to lie to her about whether he has reason to believe there are fetal anomalies that will become birth defects. After all, she may decide that carrying a baby who will die soon after birth or require expensive, time monopolizing care is not something she wants to do. To some people, that makes her a “selfish slut,” but to most people that makes her “normal.”

Moreover, any woman seeking an abortion in Oklahoma will have to get an ultrasound, look at the pictures, and listen to a description of the embryo or fetus. And fill out a privacy-invading questionnaire. No exceptions for victims of rape, incest, or women who already know there is something seriously wrong with the embryo/fetus.

The ever brilliant (and very sarcastic) Digby points out how this bill will fail:

Sure the dumb bitches can’t be allowed to make their own decisions about taking on a lifetime of care or consider implications for their own health and well being. What the silly little twits don’t know won’t hurt them, right? But you’d think that the important members of society like insurance companies and employers would have a stake in something like this.

Here’s the thing. Failing to note fetal abnormalities on the ultrasound and still billing the insurance company is called fraud. Fraud, unlike medical malpractice, is a criminal offense. Do that to a patient whose care is paid for under a Federal program and it’s a federal crime with federal time. Fine, Doc can’t be sued for malpractice; he can go to prison instead.

Doc is also subject to ethics rules, and those would include telling patients the truth. Doc can lose his license if someone makes an ethics complaint with the state board of medical examiners.

If enough big employers lose enough Edna Employees to the care of severely disabled babies, they will find a way to sue doctors who hid those conditions. After all, big employers often have an entire legal department. And that would fall under general liability rather than med-mal.

So believe it or not, I think the insurance companies will provide the work-around for this. Remember that under the health insurance reform that was just passed, they can’t exclude children with pre-existing conditions. They have a vested interest in preventing severely disabled babies from being in their pool of insureds. What they will do is insist that ultrasounds be done in an independent imaging facility — not the doctor’s office or an affiliated facility — and insist that a full copy of the report be provided both to them and the mother-to-be. This will outrage obstetricians because they make good money on ultrasounds and the equipment is not cheap.

Oh well, maybe they should have objected to this bill before it became law.

In Closing Arizona Update: the smartest thing you are likely to read about illegal immigration this week; let the lawsuits begin; polls, demographics, and the future; boycotts are already underway; even some prominent Republicans think Arizona has gone too far; gee, who could have seen harassment of day laborers coming??; Hispanics vow to fight this law.

In Closing For Real This Time: Tell us what you really think about Goldman Sachs, Barry! (And why doesn’t your blog read like this? Maybe you should dictate your posts); high school graduates going to college rather than competing in the dismal job market, but does anybody really believe that 70% of the jobs that will be available in 4 years needs a college degree?; a security expert from one of the most secure airports in the world calls full-body scanners a waste of money; The Vaccine War; America doesn’t rule the world and shouldn’t be allowed to say what other nation’s product labels can include; reduce the deficit by expanding Medicare; get rid of “too big to fail”; and finally, if you are in a position to do something nice for J.P., please do.

Survival of the Shorties

Just so you know up front: I’m not big on April Fools jokes. The only thing I ever did was send a new maintenance guy to fix a toilet in a non-existent apartment. My boss was more amused by it than I was. Anyways, on to the Shorties!

Unemployment is Certainly No Joke: It’s high. There’s no sign that it will get better soon. We’re still losing jobs in this economy, and Spring Semester doesn’t end that long off now.  Tim Geithner calls it “unacceptable” but hasn’t really offered a plan on what to do about it. Well then, as long as he’s clear on that! Perhaps we could have some sort of, I dunno, public job creation plan? Well, here’s an “ugly truth” about how you can buff your resume.

Something Approaching Justice: The terrorist who killed a doctor in the middle of a church because he happened to perform a medical procedure he didn’t like (and couldn’t have in any event) has been sentenced to life in prison. The soonest he could possibly get parole is 50 years.

Something Light: Barack Obama Looking at Awesome Things.

Doing Something: It’s better than doing nothing. School tries new ways of stopping bullies that don’t involve platitudes to the victims.

Maybe Doing Nothing Would Be Better?: A doctor talks about unnecessary tests. No, not because a doctor is covering his ass.

Something to do when you grow up: Perhaps something that begins with a K.

Something Old: a little history lesson regarding our nation’s banking issues.

Something Serious: It’s Autism Awareness Month.

Something you probably already suspected: Asset Forfeiture Laws can be horribly abused.

Something that will either horrify or amuse you: Scarface, as performed by pre-schoolers. Come on, it’s only 2 minutes and 11 seconds!

And finally, Something I Totally Do Not Need!: Hello Kitty Message Watches. Price, $620-800.