Hi folks. Sorry for the lack of posts. It’s been a crazy, crazy couple of weeks.
So, what are the protesters so upset about, really?
Do they have legitimate gripes?
To answer the latter question first, yes, they have very legitimate gripes.
And if America cannot figure out a way to address these gripes, the country will likely become increasingly “de-stabilized,” as sociologists might say. And in that scenario, the current protests will likely be only the beginning.
Yahoo!:Not so excited about Wall Street protesters.
Anybody Surprised?: OnStar selling your data. But have no fear, they won’t give it to the FBI for free. Unless they ask sweetly.
To think I’ve been paying money for this: How to make your own ricotta.
Explain it again: seriously, how does lower taxes for wealthy individuals cause these guys to create jobs?
It was still the damned scopes:Desai will stand trail.
From the Archive of Great Headlines: Anonymous US Officials push open government (HT).
Drew hits the nail on the head: How some people think it’s obviously meant to read.
More missing good old days that were only good for wealthy white Protestant folks:colleges becoming increasingly unaffordable, and scholarships becoming increasingly scarce.
Don’t travel with cash: Unless you can afford to lose it.
We’re Number One!: In a bad way. Nevada leads the nation in domestic violence killings. Remember SafeNest.
They’ve got a good point. Roads and bridges have many benefits. They help people get to work. They help companies get products to consumers. A new road can mean new business opportunities along the path it runs. And finally, building and maintaining roads and bridges means jobs: many thousands of jobs for workers, who will in turn do crazy things like pay taxes and buy things.
So why exactly is this the least bit controversial?
Because the Republicans are choosing to channel their dear departed member Herbert Hoover (rather than Ronald Reagan, who at least wanted to put people to work building missile-destroying systems! Pew! Pew!). Republicans are demanding huge cuts in the next Transportation Bill, including cutting highway maintenance spending by a third. This bill must be passed by the end of September.
Right, because there’s no urgently needed road repairs out there. No bridges in danger of collapse. And no business leaders agreeing with union leaders that we need more money — not less — spent on our roads.
The hilarious part is that I fully expect these same people to turn around and run on a platform of “Government has failed you! Just look at these roads!”
In Closing: It’s good to be CEO; follow-up on Steven Seagal and the tank; dumbing down; Neanderthal; did you know that “Red States” actually bleed tax money away from “Blue States”? (so much for “the hard working red states can’t support the blue welfare states any more!”; protein is good for dieters; and 3 charts.
People will do almost anything if it’s for “safety” and “security.”
Obama:
We can elect a black man President and still have a big race problem.
“Liberal” and “Conservative” have changed so much that we call Mr. Obama a Liberal despite the fact that he’s well to the right of Mr. Nixon.
We really do have a plutocracy.
Technically I was alive during the Johnson Administration. I don’t remember any of it.
In Closing:death penalty; Gulf of Mexico Oil Spill isn’t over yet; Hurricanado; Women’s Equality Day; the sad state of humans when it comes to searching; terrorism since 9/11; this could be part of the illegal worker problem; school quality; why The Steve resigned now; debt; decoding book reviews; the role of metabolism in weight loss; Cheney takes credit (bet he never travels outside the country again); and Chemistry.
OK, Maybe CNN wasn’t terribly subtle when they said “Washington could take down a mega-bank” and then immediately below showed a row of Bank of America ATMs. And don’t get me wrong, everything I have read about B of A lately indicates that they are skating on thin ice.
But don’t lose track of the prize. Fannie Mae just was forced to buy bought $500,000,000 in crappy loans from B of A — despite having plenty of foreclosures and pre-foreclosures of their own — in what Fortune calls a “back-door TARP.”
Gee, this couldn’t possibly have anything to do with the motivation behind a proposed program to help get rid of Fannie, Freddie, and HUD’s foreclosed properties, now could it? By the way, the headline is just a tweak misleading. They aren’t talking about slapping a “For Rent” sign in the lawns of these houses; they are talking about finding some sucker investor to buy them in bulk (that means with limited ability to pick and choose) under the condition of renting them out. Never mind that these homes are in conditions that vary from pristine to bulldozer-ready. Never mind that investors are already cherry-picking the best of them. Never mind that Fannie, Freddie, and HUD all have systems in place to favor owner-occupants when selling foreclosed properties.
Not gonna work.
In closing: I hope he’s still open for civil damages; She-Ra; Clavell did this as a novel, but with helicopters; If I Had $1000 Dollars; it hasn’t worked yet so let’s keep doing it; S&P and 63% of Americans agree about one thing; I know things are bad when Ron Paul starts to make sense; check your LinkedIn prefs; and Bert and Ernie are puppets, they have no sexual orientation.
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 pointlesswars (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 createjobs?
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.
President Barack Obama announced on Monday that Democrats and Republicans leaders have reached an agreement to reduce the U.S. deficit and avoid default.
For the Calendar-challenged, it’s still Sunday. As in Sunday, Sunday, Sunday! Monster Trucks, Trucks, Trucks!
The one thing I can tell you about this deal that apparently will have been announced on Monday in some version of our current timeline is that it will screw normal everyday people. It’s almost not worth “voting the bums out” because there will just be a new, less experienced group of bums.
Edit: Yes, I am aware that it was an error by Reuters, corrected within an hour of my post. That doesn’t mean it wasn’t amusing, or change the fact that the debt deal will still be something less than sunshine and roses for most people.
In Closing: long term unemployment; maybe Apple can buy some bonds?; more plots for CSI if they would stop with the serial killer shark tank extravaganzas; taxes; Pell Grants; it’s the economy, stupid; and glow-in-the-dark dogs.
There’s a restaurant site down the street that does not appear to attract success.
I forget what the place was originally, other than an expensive build. I feel certain that high expenses are what killed the place.
After remaining empty for a while, it became an “Asian fusion seafood restaurant.” Hey, this is Vegas, we can support that sort of thing. Of course maybe if the site weren’t within a few hundred feet of not one, but two nationally known chains of “Asian fusion seafood restaurants,” and down the street from a notable modern sushi bar, it might have done better. Oh yeah, they maybe could have had some advertising. But it was clearly an expensive build, so maybe they didn’t have money to let people know it was actually open.
After remaining empty for another long while, the building got a new paint job in colors that suggested Mexican or some other sort of Latin cuisine, and signage for a new restaurant. It never opened. I remember seeing some sofas out by the dumpster behind the building. Yet another expensive build.
Then the sign changed again, and signs of what was by my count a 4th expensive interior redesign began. The name of the place? Hotel California. Yeah, like this:
Right, because everybody wants to go eat dinner someplace where they’ve got no wine, but plenty of pink champagne on ice. And you have to stab your dinner to death with a steely knife. Oh, and you might not be allowed to leave after you pay your check. Happy Hour indeed.
As if that’s not enough, we have a California Hotel here in Vegas.
Yesterday, I noticed that the sign — which by the way looks like it was painted by teenagers from Acapulco — had changed. It’s now the “Baja California.”
The big, brass, expensive-looking letters on the front of the building still read HC.
He’s just so nice:Matt Damon is trying to find ways to help African people get clean, safe water. And he’s good looking, and he can act.
On Fitness: Ladies, please ignore the fact that it comes from a publication called “Men’s Journal.” The Truth is unisex.
Let’s Get This Out of the Way: Everybody knows that yet another appeals court says there’s no Constitutional problems with the Affordable Care Act, right? Ok, moving on then.
In other news, Bill Gates Doesn’t Understand Capitalism:Ignoring the diseases of poverty isn’t a failure, it’s a sign that there’s no money in it. That’s why it’s called “poverty.”
Shut up and get back to work!: Yeah, it sure would be nice to have paid sick days. I have no idea how you’d do that for those of us who are self-employed.
Professor is Correct Again:Cutting the budget deficit won’t put a single person to work. In fact, it will put some government employees out of work. It will also reduce GDP — which by definition includes government spending. Who are the President’s economic advisers? The ghost of Herbert Hoover? A least he understands that there is no way to balance the budget without taxes.