Just a little soundtrack for you revelers who are flashing your breasts and donning beads as you let the bon temps rouler.
Youttagged: Big Chief, Professor Longhair, Earl King, Dr. John, Mardi Gras, music, YouTube Tuesday
Tuesday, February 16, 2010
YouTube Tuesday: Big Chief
Monday, February 15, 2010
Eastbound and down
We were driving home from a weekend mission into the deepest reaches of darkest western Kansas Sunday evening.
The details and purpose of the mission are not germane to this post, its enough to point out that we passed the I-70 East toll plaza at about 17:15 hours for the last stretch to home sweet home. About two minutes and two miles later, I was hitting the brakes1 as traffic was coming to a standstill.
Needless to say, there was some doin's a transpirin'.
We weren't exactly parked on the highway, but we were moving slow enough that no speed was registering on the car's speedometer. After about 5 minutes of barely moving, the ADD kicked in. I decided to do a little recon to pass the time.
Since there was no traffic in the westbound lanes, it was a fair deduction that there was some kind of traffic accident ahead. But where? And when? What caused it? The weather wasn't great, but it wasn't a blizzard either. Were any deaths involved? Any decapitations? Should I watch for rolling noggins along the median?
So many questions, but no answers on the radio. And there's only so much you can deduce when your stuck in your car. Luckily, it was a bout this time that I heard the familiar sonar ping that signals the arrival of a new email on my kickass phone. Since we're not really moving, I start my email app and see that the message is a news alert from KMBC apprising me of a traffic delay on I-70 (no duh!) because of a 50 CAR PILEUP! caused by a flash blizzard whiteout.
I share this intelligence with my Supermodel Wife, who wondered aloud whether the Kansas City Scout system might have any additional details.
So I started up the web browser on my phone/tricorder and typed in the www for the Scout's web page. Before we had driven another 50 feet, I had the latest report in the palm of my hand.
"Major incident," the report read. "West bound I-70 passed K-7 exit. 3 lanes closed..."
There wasn't a lot of detail, but there was one item of importance. The report indicated that authorities expected the lanes to be cleared at 6:36 p.m. I checked the time on my phone/tricorder/chronometer. It was about 5:50 p.m. and the traffic was showing no signs of improving. In fact, a flashing light up ahead was telling all cars to merge left.
So with no other choice but to crawl, passed the time chit chatting and making jokes at the expense of other vehicles on the highway. The big Frito-Lay truck was good fodder puns for a few minutes.
After a while, we began to see a little more room between the cars ahead of us and behind us. We began to move a little faster until, almost without knowing it, we were up to normal highway speed. I checked the clock on the car's console.
6:26 p.m.
It may have been a coincidence, but it was amazing how accurate the Scout system was. And it was amazing how awesome my phone technology was that I could access it. This is what it's like to live in the future.
1. I'm a jackass for misspelling this word before.
tagged: travel, Kansas City, car crash, pile up, I-70, technology, Scout
The details and purpose of the mission are not germane to this post, its enough to point out that we passed the I-70 East toll plaza at about 17:15 hours for the last stretch to home sweet home. About two minutes and two miles later, I was hitting the brakes1 as traffic was coming to a standstill.
Needless to say, there was some doin's a transpirin'.
We weren't exactly parked on the highway, but we were moving slow enough that no speed was registering on the car's speedometer. After about 5 minutes of barely moving, the ADD kicked in. I decided to do a little recon to pass the time.
Since there was no traffic in the westbound lanes, it was a fair deduction that there was some kind of traffic accident ahead. But where? And when? What caused it? The weather wasn't great, but it wasn't a blizzard either. Were any deaths involved? Any decapitations? Should I watch for rolling noggins along the median?
![]() |
| 50 car pileup started by a sticking Toyota accelerator pedal |
I share this intelligence with my Supermodel Wife, who wondered aloud whether the Kansas City Scout system might have any additional details.
So I started up the web browser on my phone/tricorder and typed in the www for the Scout's web page. Before we had driven another 50 feet, I had the latest report in the palm of my hand."Major incident," the report read. "West bound I-70 passed K-7 exit. 3 lanes closed..."
There wasn't a lot of detail, but there was one item of importance. The report indicated that authorities expected the lanes to be cleared at 6:36 p.m. I checked the time on my phone/tricorder/chronometer. It was about 5:50 p.m. and the traffic was showing no signs of improving. In fact, a flashing light up ahead was telling all cars to merge left.
So with no other choice but to crawl, passed the time chit chatting and making jokes at the expense of other vehicles on the highway. The big Frito-Lay truck was good fodder puns for a few minutes.
After a while, we began to see a little more room between the cars ahead of us and behind us. We began to move a little faster until, almost without knowing it, we were up to normal highway speed. I checked the clock on the car's console.
6:26 p.m.
It may have been a coincidence, but it was amazing how accurate the Scout system was. And it was amazing how awesome my phone technology was that I could access it. This is what it's like to live in the future.
1. I'm a jackass for misspelling this word before.
tagged: travel, Kansas City, car crash, pile up, I-70, technology, Scout
Friday, February 12, 2010
Because She Would Ask Me Why I Loved Her
If questioning would make us wise
No eyes would ever gaze in eyes;
If all our tale were told in speech
No mouths would wander each to each.
Were spirits free from mortal mesh
And love not bound in hearts of flesh
No aching breasts would yearn to meet
And find their ecstasy complete.
For who is there that lives and knows
The secret powers by which he grows?
Were knowledge all, what were our need
To thrill and faint and sweetly bleed?
Then seek not, sweet, the 'If' and 'Why'
I love you now until I die.
For I must love because I live
And life in me is what you give.
tagged: poetry, poem, love, Valentine's Day, Christopher Brennan
Wednesday, February 10, 2010
Movie Mini Review: Leap Year
Title: Leap Year
Cast: Amy Adams, Matthew Goode
Plot Summary: Boy meets girl. Boy and girl hate each other. Boy and girl go on epic journey full of contrived events. Boy and girl fall in love and live happily ever after. I blow my brains out.
My Thoughts: Let's face it. This is a chick flick. With no apologies and no pretensions to be anything more or less. As an unabashed chick flick, this movie automatically get's my "unscoreable" score. However, because it was honest, and for a couple of other reasons, I will say that this is one of the very few watchable chick flicks I've had to sit through.
So let me fill you in on what you won't miss. We are introduced the female lead, Anna Brady, while she's working at her job as a real estate stager (ooookay?) dressing up condos/houses so they will sell faster. Her girlfriend drops a hint one day that Anna's boyfriend was spotted carrying a little red box out of a high-class jewelry story and that a proposal was imminent.
Of course, the dude doesn't want to get married (the box contains a crummy pair of 40-carat diamond stud earrings). They're two modern, urbane, sophisticated adults who don't have to truck with such trivialities as marriage. Then Anna's dad tells her about this Irish tradition that states women can ask a man to marry her on Leap Day and he has to say yes.
So much for being modern and sophisticated. Anna, bitten by the romantic bug, hatches a plan to surprise her beau at a conference in Dublin. But fate conspires against her. On her way to Ireland, she's stranded in Wales during a storm. She insists on hiring the SS Minnow to sail her across the Irish Sea to Dublin. The boat is blown off course (of course), and lands in Dingle on the southwest end of Ireland. This makes no sense when you look at the geographical relationships between Cardiff, Dublin and Dingle. But this is a chick flick, so there you go.
Anyway, in Dingle she meets the male lead and proprietor of the local pub, Declan, who immediately hates her because she is entitled and annoying. But again, this is a chick flick, and as fate would have it, he needs a load of cash to stave off creditors. So he offers to drive Anna to Dublin for the low, low price of €500 (I think that's, like, $1,500).
The next hour or so is comprised of the couple's misadventures as they travel by jalopy, foot, train and buss to Dublin.You learn about the tragic romantic history of hunky Declan while the two are placed into painfully contrived situations forcing them to fall in love.
There are all kinds of plot holes and time line inconsistencies to complain about (uh, it's like two years until the next leap year), but only if you're paying attention. But the biggest offenses are the extremely cliche situations foisted upon the audience. The car breaking down, only one room at the inn that the two have to share, missing the train, accidentally stumbling into a wedding. PUHLEEEZE!!!
The writers (if there were any writers) pulled out every overused chestnut in the "Romantic Comedies for Dummies." Really, you could pretty much outline the entire movie after the first 10 (5 probably?) minutes. You knew who was going to get the girl and why, blah, blah, blah.

But, as I said, this particular chick flick ranks as one of the more watchable for one important reason: The locations.
For all that the movie lacks in plot and originality, it makes up (somewhat) in beautiful, breathtaking even, wide shots of the Irish countryside and the Dingle Peninsula. In fact, I found myself thinking more about the logistics involved in shooting some of the scenery than the actual story (which, let's face it, doesn't require a lot of cognitive bandwidth).
Final Rating: Zero out of five stars (But three out of 5 on the chick flick scale).
tagged: movie, review, Leap Year, Matthew Goode, Amy Adams, Ireland, Dingle Peninsula
Cast: Amy Adams, Matthew Goode
Plot Summary: Boy meets girl. Boy and girl hate each other. Boy and girl go on epic journey full of contrived events. Boy and girl fall in love and live happily ever after. I blow my brains out.
My Thoughts: Let's face it. This is a chick flick. With no apologies and no pretensions to be anything more or less. As an unabashed chick flick, this movie automatically get's my "unscoreable" score. However, because it was honest, and for a couple of other reasons, I will say that this is one of the very few watchable chick flicks I've had to sit through.
So let me fill you in on what you won't miss. We are introduced the female lead, Anna Brady, while she's working at her job as a real estate stager (ooookay?) dressing up condos/houses so they will sell faster. Her girlfriend drops a hint one day that Anna's boyfriend was spotted carrying a little red box out of a high-class jewelry story and that a proposal was imminent.Of course, the dude doesn't want to get married (the box contains a crummy pair of 40-carat diamond stud earrings). They're two modern, urbane, sophisticated adults who don't have to truck with such trivialities as marriage. Then Anna's dad tells her about this Irish tradition that states women can ask a man to marry her on Leap Day and he has to say yes.
So much for being modern and sophisticated. Anna, bitten by the romantic bug, hatches a plan to surprise her beau at a conference in Dublin. But fate conspires against her. On her way to Ireland, she's stranded in Wales during a storm. She insists on hiring the SS Minnow to sail her across the Irish Sea to Dublin. The boat is blown off course (of course), and lands in Dingle on the southwest end of Ireland. This makes no sense when you look at the geographical relationships between Cardiff, Dublin and Dingle. But this is a chick flick, so there you go.
Anyway, in Dingle she meets the male lead and proprietor of the local pub, Declan, who immediately hates her because she is entitled and annoying. But again, this is a chick flick, and as fate would have it, he needs a load of cash to stave off creditors. So he offers to drive Anna to Dublin for the low, low price of €500 (I think that's, like, $1,500).
The next hour or so is comprised of the couple's misadventures as they travel by jalopy, foot, train and buss to Dublin.You learn about the tragic romantic history of hunky Declan while the two are placed into painfully contrived situations forcing them to fall in love.There are all kinds of plot holes and time line inconsistencies to complain about (uh, it's like two years until the next leap year), but only if you're paying attention. But the biggest offenses are the extremely cliche situations foisted upon the audience. The car breaking down, only one room at the inn that the two have to share, missing the train, accidentally stumbling into a wedding. PUHLEEEZE!!!
The writers (if there were any writers) pulled out every overused chestnut in the "Romantic Comedies for Dummies." Really, you could pretty much outline the entire movie after the first 10 (5 probably?) minutes. You knew who was going to get the girl and why, blah, blah, blah.

But, as I said, this particular chick flick ranks as one of the more watchable for one important reason: The locations.
For all that the movie lacks in plot and originality, it makes up (somewhat) in beautiful, breathtaking even, wide shots of the Irish countryside and the Dingle Peninsula. In fact, I found myself thinking more about the logistics involved in shooting some of the scenery than the actual story (which, let's face it, doesn't require a lot of cognitive bandwidth).
Final Rating: Zero out of five stars (But three out of 5 on the chick flick scale).
tagged: movie, review, Leap Year, Matthew Goode, Amy Adams, Ireland, Dingle Peninsula
Thursday, February 04, 2010
De-pressing
One of the interesting... not necessarily good, but interesting... things about the time we live in is watching the changes in what us old-timers used to call journalism.
I'm sure you're aware (you being of above average intelligence according to the data I get about you from Quantcast) the newspaper industry as we know it is in it's final death throes. Saint Nick is keeping us abreast as the bells toll for the Kansas City Star's parent company and even that of The Pitch.
As an old newspaper man, I have mixed feelings. Its easy to wax romantic about my previous career in journalism -- late nights in the newsroom, the panic and thrill of pushing a story right up to a deadline, the smell of and feel of wet ink on fresh newsprint as you examine the first pages hot off the press1. I've got some great stories from my newspaper days. Stories involving poisonous snakes, dismembered fingers, bloody hand prints, bullets lodged in brains -- most of which never made it into print.
So in some ways, it's sad for me to watch what's happening to the newspaper industry.
But it's not surprising. A lot of us saw this coming years ago. I opted out of the newspaper biz about 13 years ago. Decided working late nights and weekends for little pay wasn't conducive to family goals I had. I went into an editorial position at an Internet company because I could see even then that printed paper as a medium was a losing proposition.
That's not to say that the gathering and disseminating of information is a losing proposition, only that the "traditional" print media haven't been able yet to develop the business agility needed to find a new and relevant business model.
Sure, they are trying to convert their old business practices to work in a digital venue -- notably the Press+ system that is currently in beta2. Unfortunately, in my view, there are a few problems with this effort.
First, it's nearly a literal translation of the failing offline subscriber model to online. Yes, many organizations have shown that micropayments can be a significant money maker (Amazon and iTunes). But Press+ seems to ignores the fact that money from subscriptions never was the primary revenue source for most publications. It's difficult to see how people will be willing to pay more through online micropayments than they would be through traditional subscriptions.
It also ignores the fact that once information is released "into the wild" it will be pretty much impossible to collect micropayments on it. Just like people who subscribe to dead tree publications like to pass on what they "read in the paper" or even leave the paper at a barbershop or coffee shop for others to read, online micropayment subscribers will want to pass on what they've read. Copy-and-paste makes it all the easier.
Now, lest I be branded a pessimist, I still think there is a way that advertisers can continue to support journalism-- at least for the larger news organizations. In my opinion, the plan being considered by Rupert Murdoch's News Corp and Microsoft is heading in the right direction.
Essentially, Microsoft pays a fee to the news organization (Wall Street Journal) for exclusive access to the product of their newsroom. Stories from WSJ (and presumably any other NewsCorp organization) don't show up in the Google search results. So NewsCorp gets paid for the content, Bing gets a competitive advantage and the end user pays nothing for the content.
In theory Google would follow suit, bidding for the content of other news organizations -- or maybe even for NewsCorp content. One could even see the news organizations selling "clicks" to content the same way the search engines sell keyword ads. Content creators could "flip the script" on Google resulting in the search engines bidding for their content.
This is the kind of paradigm3 shift required for "journalism" to move forward as a money-making prospect.
1. Note: Presses are no longer hot. In fact, the moist ink is a bit cool to the touch when the pages first come off the press.
2. Hat tip to Nick.
3. Off topic: The other day my 7-year-old daughter asked me what a "paradigm" was. I told her it was twenty cents.
tagged: newspaper, journalism, advertising, press+, Murdoch, NewsCorp, Microsoft, Bing
I'm sure you're aware (you being of above average intelligence according to the data I get about you from Quantcast) the newspaper industry as we know it is in it's final death throes. Saint Nick is keeping us abreast as the bells toll for the Kansas City Star's parent company and even that of The Pitch.As an old newspaper man, I have mixed feelings. Its easy to wax romantic about my previous career in journalism -- late nights in the newsroom, the panic and thrill of pushing a story right up to a deadline, the smell of and feel of wet ink on fresh newsprint as you examine the first pages hot off the press1. I've got some great stories from my newspaper days. Stories involving poisonous snakes, dismembered fingers, bloody hand prints, bullets lodged in brains -- most of which never made it into print.
So in some ways, it's sad for me to watch what's happening to the newspaper industry.
But it's not surprising. A lot of us saw this coming years ago. I opted out of the newspaper biz about 13 years ago. Decided working late nights and weekends for little pay wasn't conducive to family goals I had. I went into an editorial position at an Internet company because I could see even then that printed paper as a medium was a losing proposition.
That's not to say that the gathering and disseminating of information is a losing proposition, only that the "traditional" print media haven't been able yet to develop the business agility needed to find a new and relevant business model.Sure, they are trying to convert their old business practices to work in a digital venue -- notably the Press+ system that is currently in beta2. Unfortunately, in my view, there are a few problems with this effort.
First, it's nearly a literal translation of the failing offline subscriber model to online. Yes, many organizations have shown that micropayments can be a significant money maker (Amazon and iTunes). But Press+ seems to ignores the fact that money from subscriptions never was the primary revenue source for most publications. It's difficult to see how people will be willing to pay more through online micropayments than they would be through traditional subscriptions.
It also ignores the fact that once information is released "into the wild" it will be pretty much impossible to collect micropayments on it. Just like people who subscribe to dead tree publications like to pass on what they "read in the paper" or even leave the paper at a barbershop or coffee shop for others to read, online micropayment subscribers will want to pass on what they've read. Copy-and-paste makes it all the easier.
Now, lest I be branded a pessimist, I still think there is a way that advertisers can continue to support journalism-- at least for the larger news organizations. In my opinion, the plan being considered by Rupert Murdoch's News Corp and Microsoft is heading in the right direction.
Essentially, Microsoft pays a fee to the news organization (Wall Street Journal) for exclusive access to the product of their newsroom. Stories from WSJ (and presumably any other NewsCorp organization) don't show up in the Google search results. So NewsCorp gets paid for the content, Bing gets a competitive advantage and the end user pays nothing for the content.
In theory Google would follow suit, bidding for the content of other news organizations -- or maybe even for NewsCorp content. One could even see the news organizations selling "clicks" to content the same way the search engines sell keyword ads. Content creators could "flip the script" on Google resulting in the search engines bidding for their content.
This is the kind of paradigm3 shift required for "journalism" to move forward as a money-making prospect.
1. Note: Presses are no longer hot. In fact, the moist ink is a bit cool to the touch when the pages first come off the press.
2. Hat tip to Nick.
3. Off topic: The other day my 7-year-old daughter asked me what a "paradigm" was. I told her it was twenty cents.
tagged: newspaper, journalism, advertising, press+, Murdoch, NewsCorp, Microsoft, Bing
Tuesday, January 26, 2010
YouTube Tuesday: Fear the Boom and Bust
So what do you think? Are we spending way beyond our means in an effort to try to generate a healthier economy? Are we suffering from a spending hangover, the cure to which is nationwide deleveraging and building up savings?
Don't know? Not sure?
Well maybe this old-school hip-hop throw down between John Maynard Keynes and F. A. Hayek can help you decide. Two of the great economists of the 20th century lay down the beats in this production from EconStories.tv
Pay close attention for the appearance of Ben Bernanke and Tim Geithner pouring drinks from behind the bar at The Fed.
Hat tip: Planet Money
tagged: economy, economists, Keynes, Hayek, Bernanke, Geithner, video, YouTube, Tuesday
Don't know? Not sure?
Well maybe this old-school hip-hop throw down between John Maynard Keynes and F. A. Hayek can help you decide. Two of the great economists of the 20th century lay down the beats in this production from EconStories.tv
Pay close attention for the appearance of Ben Bernanke and Tim Geithner pouring drinks from behind the bar at The Fed.
Hat tip: Planet Money
tagged: economy, economists, Keynes, Hayek, Bernanke, Geithner, video, YouTube, Tuesday
Friday, January 22, 2010
Surely some revelation is at hand
Uncle Nick was kind enough to point out one of the money quotes from the ongoing Financial Crisis Inquiry Commission hearings headed by Phil Angelides (a Democrat from California, which has one of the brokest-ass budgets in the country, so you know this guy has the fiscal street cred).
Here's the quote:
Just to make sure that sinks in, they were bringing in 100,000,000 dollars A DAY.
Anyway, Blofeld's Blankfein's response to the quote above was basically "I don't see anything wrong with that."
The temerity of these bank executives during the hearings would be comical if it weren't so enraging. C-Span has video of the hearing on their website. If you feel the need for a quick hit of Hulk rage, I highly suggest you watch. Skip through the first 40 minutes or so since that's just the bankers reading their prepared PR statements.
In the meantime, here's an example of why The Onion is the smartest news source. EVAR. Jon Stewart is getting his ass kicked by these guys.
In The Know: Are Politicians Failing Our Lobbyists?
tagged: politics, economy, bailouts, The Onion, Doomsday Cycle, Goldman Sachs, Lloyd Blankfein, Phil Angelides, humor, satire
Here's the quote:Wall Street is in effect selling cars with faulty brakes, and then taking out insurance on the buyers.The statement was directed at Lloyd Blankfein, chairman of the board and chief executive officer of Goldman Sachs (and budding Bond Villian). Remember, this is the same Goldman Sachs that was making $100 million a day just a few months after taking a $20 billion bailout payment from you and me.
Just to make sure that sinks in, they were bringing in 100,000,000 dollars A DAY.
Anyway, The temerity of these bank executives during the hearings would be comical if it weren't so enraging. C-Span has video of the hearing on their website. If you feel the need for a quick hit of Hulk rage, I highly suggest you watch. Skip through the first 40 minutes or so since that's just the bankers reading their prepared PR statements.
In the meantime, here's an example of why The Onion is the smartest news source. EVAR. Jon Stewart is getting his ass kicked by these guys.
In The Know: Are Politicians Failing Our Lobbyists?
tagged: politics, economy, bailouts, The Onion, Doomsday Cycle, Goldman Sachs, Lloyd Blankfein, Phil Angelides, humor, satire
Thursday, January 21, 2010
The Doomsday Cycle
Yesterday I mentioned that "the system" is broken, and I realize that is a gross overstatement of the obvious. But I want to be clear that I'm not just talking about the electoral system.
I'm referring to a socio-political system as a whole that allows -- actually encourages -- an unchecked collusion of industry and government. It is what will cause the eventual catastrophic decline of our Republic (if you can still call it that).
About a year ago, when we were in the heat of bailout fever, I was having a discussion with a friend of mine over lunch. We were trying to figure out whether the long term affects of bailing out companies that make poor management/business decisions was worth the short term gain of saving jobs.
You see in order for our system to work, failure is essential. Companies must be allowed to fail, to be punished for their failures by losing their assets and financial fortunes, in order to serve as an example to other companies of what happens when you employ risky business practices.
But, going back at least to the 1970s, we've seen more and more bailouts, followed by admonitions and vows to "never let this happen again," accompanied by additional layers of regulation.
But then when that regulation fails, additional bailouts are forthcoming, more regulation is added, and the cycle begins again. Businesses take bigger risks because they know the taxpayers will have to bail them out. In the case of the latest crisis, banks could be doubly assured of a bailout since Goldman Sachs has basically purchased the entire executive branch as well as key legislators.
The point, as Logtar stated in our lunch conversation, is that it's dangerous to socialize risk. But you don't need to take his for it.
In an editorial in Financial Times, superintelligent economists Peter Boone and Simon Johnson, gave a name to what is happening in the U.S. financial sector: the Doomsday Cycle.
They draw a parallel of the cycle described above -- risk, failure, bailout, repeat -- to what happened when the USSR finally imploded.
Rather, we need to make risky business behavior more painful by NOT BAILING BUSINESSES OUT!
tagged: politics, economy, bailouts, USSR, Doomsday Cycle, Goldman Sachs
I'm referring to a socio-political system as a whole that allows -- actually encourages -- an unchecked collusion of industry and government. It is what will cause the eventual catastrophic decline of our Republic (if you can still call it that).
About a year ago, when we were in the heat of bailout fever, I was having a discussion with a friend of mine over lunch. We were trying to figure out whether the long term affects of bailing out companies that make poor management/business decisions was worth the short term gain of saving jobs.You see in order for our system to work, failure is essential. Companies must be allowed to fail, to be punished for their failures by losing their assets and financial fortunes, in order to serve as an example to other companies of what happens when you employ risky business practices.
But, going back at least to the 1970s, we've seen more and more bailouts, followed by admonitions and vows to "never let this happen again," accompanied by additional layers of regulation.
But then when that regulation fails, additional bailouts are forthcoming, more regulation is added, and the cycle begins again. Businesses take bigger risks because they know the taxpayers will have to bail them out. In the case of the latest crisis, banks could be doubly assured of a bailout since Goldman Sachs has basically purchased the entire executive branch as well as key legislators.
The point, as Logtar stated in our lunch conversation, is that it's dangerous to socialize risk. But you don't need to take his for it.
In an editorial in Financial Times, superintelligent economists Peter Boone and Simon Johnson, gave a name to what is happening in the U.S. financial sector: the Doomsday Cycle.
They draw a parallel of the cycle described above -- risk, failure, bailout, repeat -- to what happened when the USSR finally imploded.
You should read the entire piece (free registration may be required). The authors make many good points, not the least of which is that the proposed wrist-slap or regulatory "reform" is nowhere near enough to limit bad business practices, let alone stop the Doomsday Cycle.During the final years of communism’s decline, Soviet bureaucrats argued for futile tweaks to laws that would crack down on speculators and close “loopholes” – all in the vain hope they could keep the unproductive system of incentives intact. The US, UK and key European countries are now making the same errors. Rather than recognizing the dangerous systemic failures in our financial system, their leaders are proposing bandages that can – at best – only postpone another, possibly much larger, meltdown.
Rather, we need to make risky business behavior more painful by NOT BAILING BUSINESSES OUT!
tagged: politics, economy, bailouts, USSR, Doomsday Cycle, Goldman Sachs
Wednesday, January 20, 2010
Mass appeal
A lot of my friends who had bought into the Obama promises back in 2008 are pretty bummed today with the loss of former Senator Teddy Kennedy's key Senate seat to Republican Scott Brown.
They have concluded, rightly in my opinion, that the election is a message to the ruling party that they are already corrupted by their own power, they they have sold out to special interest groups at the expense of their constituents.
The two key sentiments I've read are that "there is no difference between the Republicans and Democrats" and "the next 7 years will be politics as usual."
If -- and it's a monumental IF -- there's going to be real change, it's important for more and more people to realize this.
Republicans shouldn't be patting themselves on the back too much either. I don't care enough to look into it, but I would bet my mortgage that this Brown character is just as big of a sellout as any Kennedy ever was.
What I want people to begin to understand is that all people are the same. And the people who actively seek political power are more "the same" than most.
The problems here is systemic. It seems like a painfully obvious thing to say, but money is a corrupting influence in both parties. A lot of people who view politics as a spectator sport think their "team" is beyond reproach. But how can we expect representatives to have any clue about the real America when nearly half are millionaires and they are being courted 24/7 by billionaires?
It's nearly inexplicable that more voters don't see how unsustainable this system is.
tagged: politics, Democrats, Republicans, Ted Kennedy, Scott Brown, Obama, election
They have concluded, rightly in my opinion, that the election is a message to the ruling party that they are already corrupted by their own power, they they have sold out to special interest groups at the expense of their constituents.
The two key sentiments I've read are that "there is no difference between the Republicans and Democrats" and "the next 7 years will be politics as usual."
If -- and it's a monumental IF -- there's going to be real change, it's important for more and more people to realize this.
Republicans shouldn't be patting themselves on the back too much either. I don't care enough to look into it, but I would bet my mortgage that this Brown character is just as big of a sellout as any Kennedy ever was.What I want people to begin to understand is that all people are the same. And the people who actively seek political power are more "the same" than most.
The problems here is systemic. It seems like a painfully obvious thing to say, but money is a corrupting influence in both parties. A lot of people who view politics as a spectator sport think their "team" is beyond reproach. But how can we expect representatives to have any clue about the real America when nearly half are millionaires and they are being courted 24/7 by billionaires?
It's nearly inexplicable that more voters don't see how unsustainable this system is.
tagged: politics, Democrats, Republicans, Ted Kennedy, Scott Brown, Obama, election
Friday, January 15, 2010
Celebrity chef to visit KC
I'm no foodie but I like food and do eat. I also read. And I read something about eating that I thought I'd pass along to you people who are foodies (You know who you are. Always eating at restaurants and watching food TV).
The Shawnee Mission School District's culinary arts students ("culinary arts"!?? In my high school we had "home ec") will hit the kitchen with "world renown Mediterranean food expert" Gregory Zapantis next week at the Broadmoor Bistro.
Personally, I've never heard of Zapantis. I don't watch the Food Network, or Americas Next Top Chef, or Culinary School Survivor. I used to watch Iron Chef when it was the overdubbed Japanese version. That was some funny cooking.
Anyway, apparently Zapantis is a bigshot New York chef who specializes in Greek seafood
tagged: food, chef, Zapantis, Broadmoor Bistro, Kansas City, Greek, culinary arts
The Shawnee Mission School District's culinary arts students ("culinary arts"!?? In my high school we had "home ec") will hit the kitchen with "world renown Mediterranean food expert" Gregory Zapantis next week at the Broadmoor Bistro.
Personally, I've never heard of Zapantis. I don't watch the Food Network, or Americas Next Top Chef, or Culinary School Survivor. I used to watch Iron Chef when it was the overdubbed Japanese version. That was some funny cooking.
Anyway, apparently Zapantis is a bigshot New York chef who specializes in Greek seafood
Zapantis will be at the Broadmoor Bistro on Jan 19. Unfortunately the evening is already sold out. Guess I should have told you guys sooner.Zapantis’ passion for Greek flavors and deep knowledge of fish seasons, textures, boats and even the special techniques used by fishermen throughout various parts of Greece, has earned him 2003 “Best Chef Mid-Atlantic” by the James Beard Foundation, among many other honors.
Zapantis was born and raised in the Adriatic fishing village of Skala, on the Island of Cephalonia, Greece. Coming from a long line of Greek fisherman, Zapantis’ love of fish was sparked while learning to fish with his father.
It was at his family’s dockside tavern, however, where his mother and grandmother allowed him to cook and his passions really took flight.
tagged: food, chef, Zapantis, Broadmoor Bistro, Kansas City, Greek, culinary arts
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