In other news, the world economy is falling faster than 1929-1930, and Sheila Bair says that there is "no risk" in the plan for the FDIC to insure $100 billion in TARP funds that they leverege into $1 trillion.Sure hope she's not wrong about that.[...]
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Get ready: The solar power “big bang” is getting underway as we speak. By all accounts, solar power is quickly becoming the fastest growing energy source in the United States, and indeed, the world.
But here’s the most amazing part…
Even with a meteoric 48% annual growth - and that of a…
Not to flood the blog with This American Life links, but the third segment of the aforementioned show is also worth a listen. It narrates the closure of Circuit City from the perspective of the employees who had to staff its decline. Dean Baker will be[...]
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For the past two days I asked people to watch the YouTube of a new (unreleased) Nanci Griffith song, "The Loving Kind," about a young interracial couple from Virginia who fled to Washington, DC to get married, something that was illegal in Virginia... illegal for mixed race couples. Today it is illegal for same-sex couples to get married in 46 states. But it may soon be legal in DC. Right now DC recognizes civil unions but yesterday the Council voted to recognize gay marriages from any state-- 4 currently have made it legal for gay couples to wed-- and will soon vote to legalize gay marriage entirely.
That measure is expected to be introduced in the council soon and undoubtedly will pit the city against opponents in Congress, which has the final say in the District's legislative matters.
From the GREAT STATE OF MAINE...
In Our Dreams
[Hello. Welcome to RecessionScrubber Pro 2.0. Press any key to begin.]
[Which economy would you like to fix?]
[Configuring Parameters for United States. One Moment Please...]
[Replacing Treasury Secretary module with Krugman/Stiglitz module]
["Party of No!" virus detected]
["Party of No!" virus removed]
[Installing Wall Street BonusBlaster Pro]
[1,246 undeserving Wall Street bonuses detected and removed]
[Installing Mortgage Rate Adjustment Pro. One Moment Please...]
[Your Target Unemployment Rate?]
[One Moment Please...]
[Unemployment Rate is now 3.5 percent]
[Would you like to install Employee Free Choice Act?]
[Employee Free Choice Act installed]
[RepublicanWhinyBaby.exe worm detected]
[RepublicanWhinyBaby.exe worm removed]
[Would you like to electrify Bernie Madoff's prison toilet seat?]
[Bernie Madoff's prison toilet seat is now electrified]
[Re-Installing Federal Oversight Pro 2.0]
[Installing Education Module]
[Installing Green Energy Module]
[Installing Infrastructure Module]
[Installing Universal Health Care Module]
[Please swipe credit card and press Enter]
[United States economy restored! Press any key to continue]
[Now may we interest you in some fine American online pornography?]
Cheers and Jeers starts in There's Moreville... [Swoosh!!] RIGHTNOW! [Gong!!]
Yesterday, I cut the cord: called Verizon and had them turn off the land line number I've had for the better part of a quarter century.
I had kept the land line for several reasons: first, in case I need to call 911. I should point out that I've never called 911, and do know that I can do so with my marvel iPhone. The second reason is because of politics and polling. I get calls from political campaigns. I'm not talking about the robo-calls where Bill Clinton asks me to remember to vote, but from primary candidates who actually use the Voter Services list. Actual candidates who are running, and are trying to get their message out to actual voters. It is much cheaper to make calls then to send a mailer, and that matters if you are a candidate who lacks funding. I don't know how they'll find me now, since cell phone numbers are unlisted.
And then there are the pollsters. I have never in my life been polled. I have been push-polled twice, but I don't know that that really counts. Still, I clung tenaciously to the hope that someone would call.
But the time came to cut the cord: I'm one of those people who never checks voice mail. The only "people" who call my home phone are normally looking to sell me swampland or get a donation for something. If people who know me need to reach me, they call my cell phone, and if I don't answer, they text me. Or else they email me, which then forwards to my cell phone.
Still, I'm concerned for the politician who will try to call me. The one that doesn't make the news, but has positions that would interest me as a voter. OK, I'm not that concerned, since I honestly keep up with who is running for every office from Tax Assessor on up. But what about the "regular" voters: you know, the ones who get 100% of their political news from 30 second TV ads? On the front page of yesterday's USA Today, they cited a poll which said that currently 35% of Americans have a cell phone only.
Most cell phone plans are pay-by-the-minute as opposed to the all-you-can-eat land line programs. Therefore, it seems unlikely that laws would be passed where cell phone numbers could be disseminated out to political types, charities, and spammers. How will the politicians reach out next year, when an even larger percentage of people have given up their land line? When I was speaking with Verizon, the agent told me that people are turning off their land lines daily, mostly because of the economy. If the percentage of cell-phone-only people rises to above 50%, what does that mean for pollsters? I know some of them do poll cell phones, but my guess is that a lot of the calls they make end up unanswered since Caller ID is an option on home phones, and automatic on cell phones. Will next year's numbers be skewed?
Last week, Sen. Richard Burr (R-NC) announced that he was delaying the “nomination of Tammy Duckworth, an injured Iraq war helicopter pilot, to be an assistant secretary at the Department of Veterans Affairs.” Burr’s office claimed that the senator was simply “doing some due diligence…to ensure veterans have the best representation,” but would not disclose what that “due diligence” was. Now, however, Burr is ready to let Duckworth’s nomination go forward. MSNBC’s Rachel Maddow reported last night:
MADDOW: Today, the senator’s office relented. Still not clear on what the “due diligence” was on a decorated helicopter pilot, double amputee, experienced veterans advocate, supported by all the veterans service organizations, and nationally known for her work. But it is done. At last.
Maddow noted, however, that this does not seem to signal “smoother sailing for the rest of the high-level nominations that are still stuck in the senate.” Watch it:
Contacted by ThinkProgress, Burr’s press secretary, David Ward, said that the senator was satisfied with Duckworth’s responses to a number of last-minute questions. Ward added that the senator is “looking forward to moving forward with [Duckworth’s] nomination.”
Looks like the same bone-headed "leadership" that Rob Nardelli delivered while at Home Depot. I only hope that this time, he doesn't walk away with hundreds of millions despite being a failure.
Chrysler insists the Jeep Grand Cherokee, which clocks in at 20 mpg in its two-wheel-drive version and 19 in four-wheel-drive, is a crowd favorite and a crucial part of its lineup.Wow. A whole 11% improvement. If there's one thing the future is calling for, it's another gas guzzling SUV. GM management gambled with a similar theory and thankfully was called out.
"This is a very important vehicle for us. It's one of the primary legs of the Chrysler stool," Chrysler spokesman Rick Deneau said. "Customers have told us they want this vehicle and that it's the right size."
The 2011 model is 11 percent more fuel efficient than its predecessor, powered by a cleaner and more powerful engine. Still, Chrysler's decision to debut an SUV as its only new car at the New York International Auto Show seems like odd timing to say the least.
A brief- but excellent- video from the Majority Leader of the Iowa State Senate, Mike Gronstal, on[...]
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There's been a quiet refrain in the nationalization debate. The theory seems sound. The toxicity of the assets is fairly well-established. Many of the banks seem likely to be insolvent. But what does it look like to nationalize them? How do you do it?[...]
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