Friday, October 07, 2011
Turn It Off
If I ran a congressional office I'd ban cable news from everywhere except maybe the press/com office. Maybe. If I were president, I'd certainly tell my chief of staff to turn that shit off.
Working For The Weekend
Might be an early Friday around these parts. I'm blogged out. After all, it's Friday.
Crazy And Evil
Welcome to Alabama.
Freedom. Smell it.
The Montgomery Water Works and Sanitary Sewer Board began enforcing a section of the new law on Sept. 1 by requiring new applicants for service to first prove they are legally in the United States, according to the filing. The water board suspended the policy after being notified that Blackburn had temporarily suspended implementation of the state law.
Allgood Water Works also posted a sign on its office that "to be compliant with new laws concerning immigration, you must have an Alabama driver's license or an Alabama picture ID card on file at this office before Sept. 29 or you may lose water service."
Freedom. Smell it.
Free Money
You can give free money to the banks, or you could give free money to everyone else assuming some of that money would be deposited in banks and/or used to pay down debt owed to those banks. You could also, say, just add $10,000 to all the bank accounts, giving the banks more reserves and many people more cash.
The point is, if you're handing out free money to save the banks you can do it in a way that saves the rest of us, too.
The point is, if you're handing out free money to save the banks you can do it in a way that saves the rest of us, too.
Just Give Them Another Do Over
And then in two to three years another one!
It's already almost entirely owned by the UK government. But, hey, just light some more money on fire.
No one will ever admit that maybe this was the wrong course, not even 30 years from now after the 10th round of bailouts.
Nervousness is growing in Whitehall that the government might have to inject further capital into Royal Bank of Scotland as part of an effort to recapitalise Europe’s banks.
It's already almost entirely owned by the UK government. But, hey, just light some more money on fire.
No one will ever admit that maybe this was the wrong course, not even 30 years from now after the 10th round of bailouts.
The Joys Of Late Captalism
Whatever the merits of this judgment (I don't actually believe it), it's important to note that the health of financial firms is largely determined by the perceived probability of future bailouts.
Moody's has downgraded the credit rating of 12 UK financial firms including Lloyds TSB, RBS, Nationwide and Santander UK.
Moody's said it now believed the UK government was less likely to support some firms if they got into trouble.
However, the firm emphasised that the downgrades did not "reflect a deterioration in the financial strength of the banking system".
Thursday, October 06, 2011
Virtually Speaking
Matt Stoller will be Jay Ackroyd's guest tonight on Virtually Speaking, starting about now, and joined later by Stuart Zechman.
Signed,
Not Atrios
Signed,
Not Atrios
Perhaps Plan B?
So we're having another giant financial system crisis, mostly centered in Europe at the moment, just 3 years after having a giant financial system crisis. The solution then was, essentially, to give the banksters free money and give them all a do over. It, you know, didn't work so well. But we're going to give it another go...
A Little Sad
Because I'm a masochist, I spent a little while last night looking through various pro-Palin sites, and I admit I started to feel really bad for these people. Leaving aside Palin herself, the need for these people to be invested in a savior was truly alien to me.
It's the way The Left was caricatured for supporting people like Obama and Dean, though I never came across anyone who thought either of them were Our Saviors. Even the most diehard supporters I came across had quite the practical, if optimistic, view of these men.
It's the way The Left was caricatured for supporting people like Obama and Dean, though I never came across anyone who thought either of them were Our Saviors. Even the most diehard supporters I came across had quite the practical, if optimistic, view of these men.
It's The Economy, Stupid
No I don't know why we've spent 2 years talking about the deficit. I'm sure if we'd spent 2 years talking about jobs then the Republicans would still be behaving much as they have been, but at least the public conversation would be about an actual problem. Deficits are not a problem in and of themselves. They are a symptom of a bad economy, and potentially a cause of other problems, but they are not actually a problem. And at the moment they aren't the cause of any other problems, except stupidity.
Fix the economy, fix the deficit. Just give everybody some free money. It isn't always the case that free ice cream is the actual solution to serious problems, but it is! Politicians are handed any opportunity to do an incredibly popular thing - free money! - and yet we're talking about making people suffer so that David Brooks can get excitied.
Fix the economy, fix the deficit. Just give everybody some free money. It isn't always the case that free ice cream is the actual solution to serious problems, but it is! Politicians are handed any opportunity to do an incredibly popular thing - free money! - and yet we're talking about making people suffer so that David Brooks can get excitied.
Getting So Much Better All The Time
In the UK, too, they believed that the light at the end of the tunnel was just around the corner. And they were wrong. Their central bank will also engage in probably-better-than-nothing-but-not-much quantitative easing which will, at best, goose asset prices and help rich people hire a few more of us to scrub their yachts.
Give people free money. It's so simple and it would work.
Give people free money. It's so simple and it would work.
Electronic Gadgets Are Cheap
It'll never quite get through the thick skulls of the 50+ WSJ crowd, but cell phones are a basic necessity of modern life, cheap pay-as-you-go ones don't really cost any money, and increasingly even "smartphones" cost only what the monthly bill is, which, while not free, is a reasonable expenditure for poorer people who don't otherwise have regular internet access.
Up Down
It's "interesting" that for years the media pretended the tea partiers were mad about bank bailouts, which they weren't, and that such anger was the pure emodiment of American patriotism and goodness. Now that hippies are actually mad about bank bailouts...
As the 1 percenter of the 1 percenters
Perhaps Bloomberg wants to consider the fact that #OccupyWallStreet only becomes more newsworthy and grows bigger when he has some members of the NYPD go "Tienanmen Light".
I'm guessing the white-shirts not only make them stand out in the crowd but probably indicate they are higher-ups in the NYPD...how fitting.
They even pepper-sprayed FoxNews for goodness sake.
Apparently ORDERED TO PROTECT AND SERVE...the wealthy.
Too bad for the rest of you.
Apparently ORDERED TO PROTECT AND SERVE...the wealthy.
Too bad for the rest of you.
Wednesday, October 05, 2011
Looking For Statutory Authority In All The Right Places
Maybe I could apply to the Fed for a research grant in order to study the effects of dropping $1 trillion from helicopters on an economy in a deep and prolonged recession? I'd need the trillion from them, of course.
Wednesday Night
I did think the Alaska grifter would grift a little bit longer.
And while I really don't care about any of this crap, to the extent that the great guardians of our political discourse think this stuff matters:
Perhaps honorary RNC Chair Kristol and FOUR EXCLUSIVE INTERVIEWS EVERY SUNDAY McCain could be asked about this at some point?
Or maybe, just, you know, ignored forever.
And while I really don't care about any of this crap, to the extent that the great guardians of our political discourse think this stuff matters:
Well, first let me just say that the novel is by no means meant to build a case against Sarah Palin. However, to the extent that the people around [the fictional vice president] Tara watched in this troubled state of confusion, despair and helplessness as she flailed around — that was something I experienced. Palin vacillated between extraordinary highs on the campaign stage — she ignited more enthusiasm than our side had seen at any other point — to debilitating lows. She was often withdrawn, uncommunicative and incapable of performing even the most basic tasks required of her job as McCain's running mate.
The decision to relocate debate prep from the campaign trail, which is where McCain did his prep, to Sedona, was to isolate her and help her overcome the shock of becoming an overnight celebrity. There certainly were discussions — not for long because of the arc the campaign took — but certainly there were discussions about whether, if they were to win, it would be appropriate for her to be sworn in.
Perhaps honorary RNC Chair Kristol and FOUR EXCLUSIVE INTERVIEWS EVERY SUNDAY McCain could be asked about this at some point?
Or maybe, just, you know, ignored forever.
Evening Thread
Local sports franchise is playing rounders in some sort of competition, so I'll outsource to Pierce.
Uh..
I'm no expert but I'm pretty sure the basics of Halal and Kosher slaughter are essentially the same - slit throat and bleed without stunning.
In a chapter on "cultural jihad," Geller covers subjects like "The Islamic/Leftist Alliance," "The Mosqueing of the Workplace," and "the Islamization of the Schools." There's also a section on "Secret Halal Meat," in which she highlights "numerous explosive revelations" about "the little-reported fact that much of the meat in Europe is being processed as halal and yet sold without the halal label." Geller declared this to be "a little-known strike against freedom" and that "we are being forced into consuming meat slaughtered by means of a barbaric, torturous, and inhuman method: Islamic slaughter, the cutting of the animal's throat without stunning or any other form of mitigation for the animal's pain." Geller went on to assert that it "appears clear" that "some of this halal meat is going to public school lunch programs."
I Believe That Carsharing Is The Future
Not everywhere, of course, but in urban hellholes where cars are still useful things but where significant numbers of people don't use a car for a daily commute they both provide both direct benefits to their customers and indirect benefits by taking cars of the roads. Cars take up a lot of space, and reducing their numbers in urban hellholes, preferably with carrots rather than sticks, should be a policy goal.
So I do think they should be thought about as a serious policy issue. Should for profit carsharing firms, for example, be allowed to have reserved on street spots? I think yes, but also think that there should be well thought out conditions for such arrangements. Personally I have not thought out what those conditions should be, but obviously just letting anyone incorporate as a carsharing firm and grabbing city parking spots wouldn't be optimal.
A regulated monopoly would be justified if there were significant economies of scale. I'm not sure it's desirable or necessary, though allowing regulated competition with interoperability between companies mandated might be. Perhaps a common membership fee, with individual firms competing otherwise (price/availability/etc).
Anyway, I haven't thought this through in detail, but, yes, urban hellhole policymakers should think these things through.
So I do think they should be thought about as a serious policy issue. Should for profit carsharing firms, for example, be allowed to have reserved on street spots? I think yes, but also think that there should be well thought out conditions for such arrangements. Personally I have not thought out what those conditions should be, but obviously just letting anyone incorporate as a carsharing firm and grabbing city parking spots wouldn't be optimal.
A regulated monopoly would be justified if there were significant economies of scale. I'm not sure it's desirable or necessary, though allowing regulated competition with interoperability between companies mandated might be. Perhaps a common membership fee, with individual firms competing otherwise (price/availability/etc).
Anyway, I haven't thought this through in detail, but, yes, urban hellhole policymakers should think these things through.
It's Just About Fairness And Equal Treatment
If one really rich guy gets free money, well then they should all get free money.
(via)
Zygi Wilf, the Vikings’ principal owner, said he was only asking for equal treatment with the Twins, who moved to Target Field, which was publicly financed. The sum the Vikings are willing to spend on the stadium is among the highest contributions of any N.F.L. team to a new stadium, Wilf said.
(via)
The Solution Is Obvious
Give a few hundred billion more in free money to rich people and, above all, ensure the salaries and bonuses of those responsible are maintained at their current levels.
Also, too, austerity.
Also, too, austerity.
Get A Life
Nothing against gadgets and even gadget love, but...
Anger?
And, uh, isn't this a good thing?
"It was quite disappointing. I think there is going to be a lot of anger from users expecting something big bold and quite exciting after a long time of waiting from the iPhone 4.
Anger?
And, uh, isn't this a good thing?
"Maybe he wants to bring other people to the forefront by letting others speak on his behalf," said Gregory Roekens, chief technology officer at marketing firm Wunderman.
"But in terms of style, it was underwhelming. People were expecting iPhone 5, but instead it's almost fixing the weaknesses the previous phones had.
The World Is Run By Idiots
I made a joke about this thinking on Twitter yesterday, but I was premature. Cameron actually claims to believe that in order to grow the economy everybody needs to spend less.
Contracting our way to expansion...
...apparently the speech has now been revised.
Still 100% wrong.
Prime Minister David Cameron is set to tell British households to pay off their credit cards as he warns that the only way out of the current economic crisis is to deal with debt.
Contracting our way to expansion...
...apparently the speech has now been revised.
David Cameron will now say that:
"The only way out of a debt crisis is to deal with your debts. That's why households - all of us - are paying off the credit card and store card bills."
The section released to the media yesterday read:
"The only way out of a debt crisis is to deal with your debts. That means households - all of us - paying off the credit card and store card bills."
Still 100% wrong.
WAAAAHHHH
I doubt donors gave gifts intended for massive legal bills for a corrupt bankruptcy proceeding.
LEAVE THE DONORS ALOOOOOONE!!!! We don't want them to know we're taking all their money.
One donor who made a $2 million donation, Goldsmith said, had already responded that he made an "unrestricted gift, and the [Orchestra Association] kept writing back to say thank you for your restricted gift."
The orchestra contends that all $120 million or so of its endowment is restricted by donors' wishes to remain in the endowment, and is therefore unavailable to creditors as part of the bankruptcy. The legal theory under which the pension fund is operating is that perhaps up to $20 million in endowment gifts came with no clear instructions for their use and that the fund, as the largest creditor in the case, is entitled to the money as part of the bankruptcy process.
Anne M. Aaronson, the association's bankruptcy attorney, said she learned only Monday that donors were being contacted. She expressed concern that they were being pulled into the case and suggested that this course of action was "harassment or a vindictive act against the" association.
LEAVE THE DONORS ALOOOOOONE!!!! We don't want them to know we're taking all their money.
Time For More Austerity
Because it's working great.
Oops:
There isn't even any coherent theory why austerity "should" be working. It's just...1) suffering 2) ?? 3) profit!!!
The UK economy grew by 0.1% between April and June, less than the 0.2% estimated previously.
Output from the service sector grew by 0.2%, compared with the previous estimate of 0.5%, the Office for National Statistics (ONS) said.
Oops:
The upshot is that the economy hasn't grown for nine months (the economy contracted by 0.5 per cent in the fourth quarter of last year).
There isn't even any coherent theory why austerity "should" be working. It's just...1) suffering 2) ?? 3) profit!!!
Tuesday, October 04, 2011
Funny Thing Is
Beck exhorting his minions to get all of their cash out of the banks probably would be a successful attack on Wall Street.
Looking For Statutory Authority In All The Right Places
This commenter has another idea. The Fed can just put all of us on the payroll! And, no, I have no idea if there's authority for that either.
My Campaign To Give You Free Money
No I don't really know the most legally sound way of giving away free money. If there isn't one, perhaps somebody should campaign on it?
HAMP'd
The Obama administration had total control of this.
Even aside from bleeding heart concerns about desperate homeowners, or even quaint concerns about due process and similar, many of us have been trying to tell them that without doing something about the now-messed up housing market, the economy would not recover. And by messed up I don't mean "lack of perpetually rising prices," I mean misaligned incentives between originators, servicers, and investors which would ensure a giant clusterfuck.
Documents obtained by ProPublica – government audit reports of GMAC, the country’s fifth largest mortgage servicer – provide the first detailed look at the program’s oversight. They show that the company operated with almost no oversight for the program’s first eight months. When auditors did finally conduct a major review more than a year into the program, they found that GMAC had seriously mishandled many loan modifications – miscalculating homeowner income in more than 80% of audited cases, for example. Yet GMAC suffered no penalty. GMAC itself said it hasn’t reversed a single foreclosure as a result of a government audit.
Even aside from bleeding heart concerns about desperate homeowners, or even quaint concerns about due process and similar, many of us have been trying to tell them that without doing something about the now-messed up housing market, the economy would not recover. And by messed up I don't mean "lack of perpetually rising prices," I mean misaligned incentives between originators, servicers, and investors which would ensure a giant clusterfuck.
They Actually Have No Idea What They're Doing
One thing that is important to remember is that the Galtian Overlords who run our financial system have made it perfectly clear that they're completely incompetent. More than that, there's no reason to think they actually have any clue what policies would be good for their businesses. They support policies which Team Galt support, because that's what a good Galtian does, but, you know, Galtian Utopia would not actually be very good for their businesses.
Just Give Everybody Free Money
There's something to the 'no fair giving free money to people who got into debt but not to people who didn't' argument. So, to avoid that problem, give everybody free money! You could add some requirement about paying off debt if you have, and that might make things a bit more complicated, but basically... give people free money!
We've been giving rich people free money for years, and will presumably keep doing so given what's going on, so the rest of us should get a cut.
We've been giving rich people free money for years, and will presumably keep doing so given what's going on, so the rest of us should get a cut.
Great Moments In The Life Of The Moustache Of Understanding
Visit msnbc.com for breaking news, world news, and news about the economy
transcript:
Sam Seder:
>> i just, to carry dylan's point a little further, isn't the problem -- i mean, your policy suggestions are, i would agree, but isn't the problem that we can't get those passed because we have such income disparity, and we now have a power disparity, that is so tilted to the wealthy in this country, to the moneyed interests, they are saying, essentially, and you know, we're not out of that scary period yet. we still have millions upon millions of people who are unemployed. don't we have a situation --
>> poverty.
>> don't we have a situation where, essentially, the wealthy elite are basically telling the 99% of us, you know, suck on this. this is the way it's going to be?
TBTF
At least it's not ours, but I imagine the Fed will give it some free money anyway.
Saving institutions is fine as long as you show up to the floor where top executives are and have the police escort them out of the building as your are doing the saving. Also, too, shareholders should eat it (usually). But our Galtian Overlords must keep the exalted positions, because it's all the fault of Barney Frank and the CRA which forced Dexia to lend to Greece. Or something.
Heckuva job, world leaders (.pdf).
PARIS/LUXEMBOURG, Oct 4 (Reuters) - France and Belgium will guarantee the financing of stricken bank Dexia , finance ministers pledged on Tuesday as officials scrambled towards a rescue that will most likely involve a break-up.
Saving institutions is fine as long as you show up to the floor where top executives are and have the police escort them out of the building as your are doing the saving. Also, too, shareholders should eat it (usually). But our Galtian Overlords must keep the exalted positions, because it's all the fault of Barney Frank and the CRA which forced Dexia to lend to Greece. Or something.
Heckuva job, world leaders (.pdf).
2011 EU-wide stress test results: no need for Dexia to raise additional capital
Dexia was subject to the 2011 EU-wide stress test conducted by the European Banking Authority (EBA), in cooperation with the National Bank of Belgium, the European Central Bank (ECB), the European Commission (EC) and the European Systemic Risk Board (ESRB).
Dexia notes the announcements made today by the EBA and the National Bank of Belgium on the EU-wide stress test and fully acknowledges the outcomes of this exercise.
The EU-wide stress test, carried out across 91 banks covering over 65% of the EU banking system total assets, seeks to assess the resilience of European banks to severe shocks and their specific solvency to hypothetical stress events under certain restrictive conditions.
Broken
This really makes little sense.
Either banks aren't lending because there are no good projects to lend to in a recession, or the system is fundamentally broken and the banking system has forgotten how to be in the lending business. Austerity for the people, and some half-baked program for supposedly small and medium sized businesses which will, of course, be large. There are existing channels to funnel free money to people which would help now, and something like this will take months set up, all in the name of being pro-business and pro-austerity.
Desperate to find new weapons to combat a second credit crunch, Osborne felt forced to propose that the Treasury intervene directly partly because the governor of the Bank of England, Sir Mervyn King, has refused to take the step, insisting the Bank cannot take on the risk.
"Because banks are damaged they won't lend at current rates," Osborne said. "Everyone knows Britain's small firms are struggling to get credit and banks are weak. So as part of my determination to get the economy moving I have set the Treasury to work on ways to inject money directly into parts of the economy that need it, such as small businesses."
Either banks aren't lending because there are no good projects to lend to in a recession, or the system is fundamentally broken and the banking system has forgotten how to be in the lending business. Austerity for the people, and some half-baked program for supposedly small and medium sized businesses which will, of course, be large. There are existing channels to funnel free money to people which would help now, and something like this will take months set up, all in the name of being pro-business and pro-austerity.
It's Not Nutpicking If That's What It Is
What the Big Dumb Commentariat thinks.
I agree that his #1 focus is all about himself and getting elected. He is not interested in black Americans except to talk about past issues so he can stir up emotions and get a few more votes. However, I do believe that he truly does not like white Americans. His dislike of whites goes back to when the British arrested his grandfather in Kenya for being a communist subversive.That's just representative of this Big Dumb Stupid thread. I'm not being selective. Read it if you disbelieve.
His wh. grandmother was afraid of meeting blk. guys on the street, he tossed her under his bus when he told that story publicly in his book. Wonder how long the MS Media has been hiding this story? DARN...now they may have to report it too...awww!
Obama's hatred of whites explains a lot of his weirdness. How f***ed up is that to hate half of yourself? I've read that Hitler had a Jewish ancestor, and part of what made him so lethal was that deep-down, he knew he could never eradicate his own Jewish blood. Self-haters can be the most dangerous haters of all.
He cares about color - he hates white people. He also hates black people that disagree with him.
The evidence keeps mounting that Obama is going to go violent in 2012, if it remains inevitable that he is going to lose. And the pattern of violence will be predictable: If you are white, you aren't an Obama voter and must be kept from the polls.
I can't help but think of the internet, facebook organized "flash robs" of "minority youth" (cough cough) who have been creating havoc around the country, despite the best attempts of the MSM to downplay the situation.... I keep having this feeling that we're going to see large groups of minority youth (double cough cough) showing up at certain voting precincts on the First Tuesday in November.
Hopefully our next GOP candidate will milk this to the max, declaring Obama a leftist radical and challenging him to explain his affiliation with Shabazzz-- unlike McCain who and other establishment Republicans "did not want to go there".
Somehow I'm willing to bet that Obama's Spring Break in Pakistan consisted of drugs and muttah-prostitution. Although it wouldn't surprise me if Obama visited a radical madrassa or two.
Monday, October 03, 2011
Shocking Pictures Of Barack Obama With Black People
I've seen a million truly stupid right wing freakouts over the years, but the New Black Panther Party one might be the stupidest one of all.
"Just Another Black Race-Card Playing Politician"
I'm so old I can remember when people would try to convince me that Reynolds was closet liberal and all around swell guy.
The Right Way To Punch A Hippie
I've also never understood the failure of more "centrist" Democrats to see the advantages in having an actual organized Professional Left. Establishment Dems seem to punch hippies just because they think it's fun, not because it helps them actually achieve anything. I'm all for hippie punching, but if you're just doing it so Politico says nice things about you or whatever it isn't actually achieving anything.
Alternatives To The Salad Bar At Applebees
Bars/restaurants seem to be one of the small business categories where there is always potential for small players to make a buck, due to the non-commodity nature of (some) prepared food, preferences for variety, and limits to the advantages that economies of scale can provide for truly big players. The information advantage is one advantage big chains have, so if the internet helps chip away at that...good!
Even In Urban Hellholes
Even in the most hellish of hellholes, absurd parking requirement rules exist.
Over time the number of cars per person grew significantly. Then existing residents, wanting to maintain sufficient on street parking, would object to development in less it contained sufficient parking. Then these demands became codified, and now there are lots of empty parking garages.
Avalon Fort Greene, a new 42-story luxury building near downtown Brooklyn's mass-transit hub, devotes two stories and 256 parking spaces to one of its most elusive residents: the automobile.
The building is well-occupied, but the garage is half-empty. The same is true down the street at 80 DeKalb Ave. Nearly all of the building's 365 apartments are filled, but only half of its 126 parking spaces are leased.
Over time the number of cars per person grew significantly. Then existing residents, wanting to maintain sufficient on street parking, would object to development in less it contained sufficient parking. Then these demands became codified, and now there are lots of empty parking garages.
Americans Suck
Another day, another diagnosis of economic problems as some sort of psychological problem. People have no money, they can't get credit, if they're lucky enough to have health insurance they're desperately scared of losing it. If only they'd stop being so risk averse!
Probably A Bad Thing
There's the occasional anecdote in the press, and the numbers are reported, but I don't think people have at all come to grips with the massive human toll of millions and millions of foreclosures. I don't know how they expect individuals - and the economy - to recover from that absent massive intervention.
How Does It Even Occur To You That This Might Be OK?
I hear a lot about how frightened schools are of lawsuits, but when you start thinking you have more police power than the police you can't be that concerned...
Sunday, October 02, 2011
And There Was Much Rejoicing Throughout The Land
The internet tells me there will be a new short Arrested Development TV series and a movie.
Keep Doing What You're Doing
It doesn't matter what the consequences are. They know it's the right thing to do even though it's nuts.
Mr Cameron dismissed calls for "a few billions" of extra spending - suggesting it would be a dangerous gamble to "deviate" from the government's tight deficit-reduction plans, as the Conservatives gathered in Manchester for their annual conference.
The Money, You Give It
I'm sure we'll have no trouble of hitting the modest goal of 1000 donors for Elizabeth Warren in the coming months.
Sunday Bobbleheads
This Week brings out the HERMENTUM
Meet the Press has Bob McDonnell and Deval Patrick.
Face the Nation has an EXCLUSIVE INTERVIEW WITH JOHN MCCAIN, Martin O'Malley, Haley Barbour.
Document the atrocities!
Meet the Press has Bob McDonnell and Deval Patrick.
Face the Nation has an EXCLUSIVE INTERVIEW WITH JOHN MCCAIN, Martin O'Malley, Haley Barbour.
Document the atrocities!
Saturday, October 01, 2011
Wish I'd said this
"Money is like manure: Spread around, it helps things grow. Piled up in one place, it just stinks."
Signed,
Not Atrios
Signed,
Not Atrios
Where The Money Is
I wouldn't be surprised to find that there's a lot of fraud in our various welfare-y programs. I imagine plenty of unemployment benefits recipients might be getting a bit of unreported money under the table, that many food stamp and medicaid recipients might have fudged a bit in reporting their assets. But the point is that if you're making the effort to, say, defraud the school lunch program so your kid can have a crap free lunch every day, you're probably pretty fucking poor regardless. And, you know, the giant cost to government is...a crap free lunch per day.
Poopp Dogg And The Enema Man
The twosome have a piece in Fred Hiatt's crayon scribble page which lacks the word 'jobs.'
Because they don't care about anything except impoverishing old people not named Alan Simpson.
Because they don't care about anything except impoverishing old people not named Alan Simpson.
Assholes
I don't know anything about this situation other than what's in the article, but regarding this:
This tells me that her "base" salary in 2007 was $315,000. Wondering if she's getting those "financial incentives tied to performance" despite everything going to hell?
Ewers declined to speak about specifics of the four separate union contracts, but she pointed out that Kimmel management had taken $1.5 million in salary reductions recently, and that “one has to look at the Philadelphia Orchestra Association in bankruptcy and realize that [a new contract] must be a bigger piece of the puzzle.”
The orchestra owes the Kimmel $1.4 million in back rent, according to Ewers, creating a $450,000 deficit for the Kimmel Center in fiscal year 2011.
She said: “We’re not asking anyone to make sacrifices that we have not already made ourselves.”
This tells me that her "base" salary in 2007 was $315,000. Wondering if she's getting those "financial incentives tied to performance" despite everything going to hell?
The Cars, You Can Share Them
A quality affordable car sharing program really is the way to go in densely populated urban areas. For anyone who doesn't need a car for a daily commute, it is the way to fill the gap, for those needs between cab ride and daily rental. Cars are useful things, they aren't going anywhere, but not everyone actually needs to own one. Also, too, they take up a lot of space.
And What's Kinsley's Typical Restaurant Bill?
I have no idea and don't care, but what the hell is wrong with these people?
Subscribe to:
Posts (Atom)