Good News on the Economy

Seriously, I’m coming up on 9 years of writing here, and this is the first time I’ve been able to write those words without meaning it sarcastically.

First, unemployment is down to 8.1% (locally, down to 12.4%). That’s still too high, and it still doesn’t account for people who have given up on finding a job and people who have settled for part time work. And the economy still isn’t quite up to making enough jobs for people new to the workforce, and new grads are still going to have a crappy time out there. However, not that long ago we were looking at almost 10%.

Second, there are signs of life in American manufacturing. Auto plants are working at capacity, and may have to actually hire an additional shift of workers — which is much less expensive than building a new plant and then having it sit idle 16 hours a day. Some industries that decided it was cheaper to make it overseas and ship it here are thinking twice. Senior executives are cautiously optimistic, and 40% report moving operations to the United States.

Finally, home prices are starting to inch up. Granted, this is at least in part because of reduced supply (and at least in part because prices got stupid-low on a per-square-foot basis in some places).

So there you have it. People are getting jobs and buying stuff. Some manufacturers are running out of the ability to make more stuff — so they may have to build places and hire people to make even more stuff. Maybe soon the Fed can raise interest rates from the supposedly “stimulating” levels they are today, and in turn banks will be able to make a reasonable profit lending money without making up fees or outright committing fraud.

In Closing: Who could have guessed that Citizens United could open the door to ordinary people taking over elections?; never forget Romney’s dog; Tokyo Sky Tree now open; too useful to be real; cheap and free ebooks; yet one more reason I’m against school vouchers; FISA; $27,000??; and the Vatican gets outraged when nuns actually act on What Would Jesus Do.

 

Kitchen Tasks that Sound Hard but Aren’t

When I got out of college, I wasn’t much of a cook. Most of what I made wasn’t awful, but much of it wasn’t good either. Still, I never bought those Hamburger Helper type products, and I have gradually stopped using most processed foods. Over the years, I’ve learned a lot. Here are some things that trust me, you really can do at home.

Whip Butter: Put some softened — not melted! — butter and some milk (or half-and-half) in the mixer. If it’s unsalted butter, add a teaspoon of salt. Start your mixer fairly while everything mixes up or you’ll spray milk everywhere. Keep turning it up gradually until it’s set to the highest setting. Keep going until that stuff is light and fluffy! Put it in a container in the fridge and enjoy for a week or two. Oh, whatever shall you enjoy that butter on? How about some homemade sourdough bread?

Sourdough Starter: Until recently, I kept a starter in the fridge. Let’s start with a film:

The short version is mix whole wheat flour with bottled or filtered water (chlorine in tap water kills microorganisms that would make you sick, but it will also kill yeasts). Put it out someplace covered with cheesecloth to keep bugs out. Once it’s going, you can use a folded paper towel and rubber band instead. Add some more water/flour mix every day until it gets foamy. Feed daily if you leave it out, weekly if you put it in the fridge.

Caesar Dressing: Ok, there are two intimidating parts to making this at home. First is called “coddling the egg.” Put a small pot of water on the stove. Use a pin to poke a small hole in the big end of the egg. Put it in boiling water for a minute. The other “hard” part is the emulsion. More on that in a minute. Toss a clove of garlic, a couple tablespoons of lemon juice, your choice of a total of 2 teaspoons of anchovy paste/Worchestershire/both (I use both), fresh ground pepper, and everything you can scrape out of 2 coddled eggs into a blender. Turn it on, and keep blending even after it looks blended. Now comes the “tricky” part: very slowly add a half cup of olive oil. Seriously, very slowly. That’s the key to the emulsion. Once you’re done, toss that stuff with some romaine hearts and parmesan and call it done.

Devein Shrimp: Ok, I admit this one is a little gross. Recently, my partner got “a great deal” on a box of frozen shrimp, and we discovered that they were whole. Get some water running because you’re going to need it. If they still have heads, you’ll need to twist their little heads off. Then follow these easy tips. By the time dinner is ready, you will have forgotten the shrimp heads.

Seasonings: I am mystified by those little packets of things like “taco seasoning” or “Italian seasoning” sold in every grocery store. Come on folks! I know it seems more expensive to buy things like garlic powder, chili powder, cumin, oregano, and basil, but a bottle of each will last quite a while through many meals. And you’ll probably get a lot less salt and preservatives too.

And don’t even get me started on canned soup as an “ingredient.” Expensive, loaded with crap you don’t need, and not nearly as good as making your own sauces.

In Closing: more Facebook; income inequality and job creation; honestly in the so-called pro-life movement; just change how we grade the test so more people pass; and crash.

Seriously, California?

One thing that happens every January like clockwork is a whole bunch of new laws go into effect, and this year is no exception.

California has decided that kids must be kept in child safety booster seats — in the back seat, of course — until they are 8 years old or 4’9″ tall. If these child safety laws get any sillier, I may have to figure out how to drive from a booster in the back seat.

Was there any science whatsoever behind this law? Perhaps more to the point, any science that wasn’t produced by a manufacturer of children’s car seats? How many “lives” will this save, really? Is there any reason that a 4’9″ 7 year old is less safe than a fully grown 4’9″ woman? And who exactly are these 4’9″ second graders? If California seriously thinks there is a problem with car seat safety for young people under 4’9″, then just maybe they should send some California Department of Transportation officials to Detroit to ask for better safety from the seat and seatbelt already securely mounted in the car. Perhaps those same officials could talk to the guys in Washington DC that make the regulations.

Nope, it’s easier to make people buy a cheap piece of plastic and mount it in the back seat, lest they receive a $475 fine.

And that brings me to the other interesting observation about this law: it will be enforced disproportionately against those who can least afford it. It will be used as a tool to harass immigrants and people of color and women the cops don’t like. After all, some Rich B**** in a minivan has the money to buy the car seat, and the means to hire a lawyer to contest the ticket. In short, she will be a pain in the @$$ if she gets pulled over!

Bet it can’t be enforced on school buses or public transportation.

In Closing: on Religious Law; unemployment is no vacation; one more person tells me how “Liberal” the President is and I may lose it; scroll down to the revised jobs chart; free stuff; the downside is they will know where you live; and for those of you with weight/fitness New Years Resolutions, an entire community’s wisdom in one infographic.

Someone Noticed the Man Behind the Curtain?

Today the Dow Jones Industrial Average was down over 500 points. Now make no mistake, I don’t like to read too much into the Dow. After all, it’s only 30 stocks, tweaked so the most expensive ones matter the most. However, the S&P 500 also dropped almost 5% today.

The culprit? “Fears over the economy.” That’s the same economy that — at least outside corporate boardrooms — was crappy a week ago, a month ago, a year ago. But now? Someone is exposing the Wizard behind the curtain and it’s obvious that Bad Things are afoot in the Wonderful World of Oz.

What’s different now? Is it that the State of New York isn’t going to let Bank of America get off with a pennies on the dollar settlement? Is it that Congress has done such a bad job that their disapproval rating is at an all time high? Perhaps it’s that we now understand some of the lies surrounding the federal budget? Maybe somebody outside peace activists has realized that we really are running 2 and a half pointless wars (to say nothing of thinking we can still starve Cuba into capitalism)? Did some stock broker take a wrong turn into the wrong neighborhood and notice that trickle down doesn’t work? Could it be that somebody noticed that unemployment is up nearly everywhere, and there’s nothing in the budget deal or any other federal plan that would create jobs?

Of course, I am not alone in thinking we never actually got out of the Great Recession.

If you are looking for a silver lining, mortgage rates are down due to the economic data. Assuming you have a job, and good enough credit to qualify for a mortgage.

In Closing: Fannie and Freddie were just following everyone else off the cliff; if we seriously believe that some criminals can’t be rehabilitated, the answer is life in prison, not a scarlet letter (oh but then we would have to think for more than 10 seconds); it still wasn’t the drugs, but the scopes; Toyota, and Honda lose to Nissan, Kia, and VW; tax reform zombie; you have to be wealthy to eat healthy; and aww honey honey.

“Don’t Quit Your Day Job”

Seriously, some people need to be told not to quit their jobs while trying to get a mortgage. Everything you need to know about getting a mortgage in this week’s Getting REAL (Estate) in Vegas, starring me with special guest Kari Phillips of Southern Fidelity Mortgage.

In closing: Shut up and take it like a man, says the President; priorities; new Fiats; more extortion; Direct Instruction works; sounds like the setup for a blasphemous joke; Schneier; depression; and reconstructed.

Nevada Firestorm

And no, I’m not talking about the two multi-acre blazes within 4o miles of Las Vegas.

Well, the internet has been all abuzz over the latest from Sharron Angle. Everybody and their dog has already had something to say about her latest interview, including the guy who interviewed her. No wonder she does so few of them! Ezra Klein points out that the choice should be fairly simple, given that Nevada has one of the highest unemployment rates in the country, Angle thinks all those unemployed people should get up off their lazy asses and find a [nonexistent] job, and Reid keeps trying [and failing] to get unemployment benefits extended to at least try and prevent all those unemployed people from becoming homeless too. At least her website has been updated with a little less crazy. She still does think it’s unreasonably hard to get a ballot initiative up in Nevada. I have long urged people to Just Say NO to all voter initiatives, so this is just fine with me.

But wait! Let’s not forget that The Other Reid (he’d prefer to just be known as “Rory“) is in an election too, and his opponent Brian Sandoval has also been campaigning. This week he announced a plan for Nevada schools. It includes giving a “grade” to each school and allowing kids in poorly graded schools to transfer to better schools. Now, there’s 2 problems I see with this. First is that No Child Left Behind already allows the same freaking thing; why reinvent the wheel? The second problem is geography. Nevada is a big state with a small population, and 73% of the population is in one county. While the idea almost makes sense in the Las Vegas Valley, the Reno area, and the Carson City area, it makes no sense in the rural areas where the next school might be an hour or two away.

His second plan is the popular idea of making teacher pay dependent upon student performance. Well, here’s the thing. Teachers can only control what happens in their classroom, and even then only most of the time. When you’ve got kids worried about living on the street, kids stealing ketchup packets so they can have dinner, gang violence, child abuse, parents who don’t give a damn, official curricula that still use sight words*, limited ability to discipline students who are out of line, a bureaucracy that would make any government proud, and a half dozen impediments to learning in the classroom, merit pay is a sick joke.

And idea three is to outsource non-educational services. That would include janitorial services, human resources, and food service. It makes me wonder what firms I would find if I were to look closely at Mr. Sandoval’s investments! There is just no way that it’s cheaper to have a cleaning crew come in at night than to have one or maybe two people on hand all day to clean messes as they occur. Hiring a for-profit catering service to put the cafeteria ladies out of work is just madness. This is aside from the concern some parents will have over whether the employees of these firms might maybe have some desire to harm a child. As much as I would like to dismiss this as tinfoil hat lunacy, the fact of the matter is that Clark County School District has had incidents where non-teachers are accused of harming students.

* I was just horrified to learn what constitutes homework for a first grader!

In closing: A tangible Good Thing from health insurance reform starts today; mortgage rates at record lows, why aren’t we borrowing? (because unemployment is around 10% and most homes are worth less than what is already owed, duh); a financial reform package passed the House and is headed for the Senate, let the hunt for loopholes and political favors begin (it’s ok, banks will ignore what they don’t like anyway); fiscal austerity still doesn’t work; Real Socialists beg the wingnuts to stop calling Obama one of them; a bit of follow-up, the list of countries Van Der Sloot can be extradited to for more charges grows; both of these statements are logical, but both cannot be true; 100 Yen shops, the Japanese Dollar Store; vaccinate your kids!; smart pet tricks; flying cars; and libertarians.