Friday, October 29, 2010

 
Bloomberg.com:

The Obama administration cut taxes for middle-class Americans, expects to make a profit on the hundreds of billions of dollars spent to rescue Wall Street banks and has overseen an economy that has grown for the past five quarters.


Most voters don’t believe it.
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Wednesday, October 27, 2010

Quote of the weak 

“In fairness, Larry Summers did a heck of a job.”

-- President Barack Obama, on The Daily Show.

(via Singularity)
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Monday, October 25, 2010

 
From 10/20/10 T-P article "Study recommends measures to offset rising Gulf Coast toll from hurricanes, sea level rise":

Economic losses along the coasts of Louisiana, Texas, Mississippi and Alabama caused by rising seas, subsidence and hurricane damage could total $350 billion by 2030, if no steps are taken to counteract the effects of subsidence and global warming, according to a new report commissioned by Entergy Corp. and the America's WETLAND Foundation.


Taking the most sure steps to counteract those losses during the next 20 years could cost $50 billion, but could reduce storm loses by $135 billion over the lifetime of the improvements.

Pursuing all potentially attractive actions would cost $120 billion over 20 years, but could save $200 billion over their lifetime, the study said.

While the study recommends measures above and beyond coastal restoration, I think it's worth noting that five years ago we were talking about spending $14 billion on the coast to save $100 billion in potential long-term costs. Now we're talking about spending over $100 billion (on the coast and other things) to save $200 billion.


FLASHBACK: excerpts from YRHT post written 40 days before Katrina/FF:
--------------------------------------------------------------------------------
Will it never stop? [T-P reports:]

WASHINGTON -- A top Bush administration official has urged congressional negotiators who are hammering out a national energy bill to eliminate money directed at fixing Louisiana's eroding coastline.
...
Energy Secretary Samuel Bodman said in a letter that steering hundreds of millions of dollars to Louisiana for coastal restoration is too costly at a time of record federal budget deficits.

"Too costly"?!? Too costly!?!

Oh. So, a state melting into the ocean is not a priority when the budget's tight? Remember, this is a $14 billion problem which, if ignored, could become a $100 billion catastrophe. Our CEO-in-chief, the first prez with an MBA, has decided to put LA's urgent needs on the backburner, and let some future president or congress pay the geometrically higher restoration expenses. Meanwhile, Louisianans are burdened with enormous risks while they must attempt to fix a national security problem (largely) on their own.

Oh, Yeah-- I almost forgot-- WHY'S THE BUDGET SO TIGHT AGAIN, MR. BUSH!?? Shouldn't you have informed Louisiana (prior to collecting our electoral votes) that the tax cuts you were touting would be funded at the expense of our coastal restoration!

Seriously, is there a South Louisianan with any sense who would make that trade-off today? Anyone? Is there a single person in the "gret stet" who thinks that Bush is doing right by Louisiana on this one? If there is, please please please state your case in the comments. Please.

...
Now, would this be a good time to remind you that Bush wanted to budget 100 million tax dollars to restore swamps in Iraq? That's right: saving Iraq's marshlands was a priority for this administration; saving Louisiana's coast isn't.
...

At every turn, this administration makes it more and more difficult for Louisiana to protect itself.

Why?
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NYT:

Arianna Forster, who gained acclaim in the late 1970s as Ari Up, the singer of the exuberant and influential all-female punk-rock band the Slits, died on Wednesday in Los Angeles. She was 48.
...
Ms. Forster, who was born in Germany, was 14 years old when the Slits were founded in 1976 and, like many of their punk-rock contemporaries, picked up instruments with an energetic do-it-yourself ethos but little formal training.
...
In 1975 her mother brought her to a Sex Pistols concert, where Ms. Forster was struck by the sight of a frenetic Johnny Rotten — her mother’s future husband — hurtling across the stage. The next year she went to see the Clash, and it was there, she told Pitchfork, that she met a drummer called Palmolive and together they founded the Slits. The first song the two played together was “Blitzkrieg Bop” by the Ramones.

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Sunday, October 24, 2010

For me, one of the funniest 8 minutes in TV history 




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I remember watching this when it first aired and trying to constrain my laughter so I didn't wake the whole house. I ended up thrashing about in a laugh fit, and hit my head on the wall behind the couch.

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