09/15/08 11:48 - 61ºF - ID#45686
Vegetarianism - A Track To A Small Brain
Regarding the blowup on Wall St. - I wanted to make a comment since (e:jim) said something in the chatter that made me consider it. The thing about investment banks is that they are generally not lending institutions, but borrowing institutions. They do not affect the everyday life of Americans in the same way as a lending institution. I don't think there is any doubt that more regulation on Wall St. is needed, and regardless of who is elected it is definitely coming. However, there is no divine right for investment banks to be in business. It was their own incredible stupidity for backing these so-called strategic investment vehicles (or whatever the term is, depending on the company) with bundled mortgages that were never going to be paid back. If they crash and burn, so be it.
I don't want today's confusion to necessarily worry people who are wondering what this all means. The most damage to everyday Americans has been caused by lending institutions, who gave out money freely to people who clearly couldn't afford what it was they were borrowing. Even worse, many of these companies encouraged this type of reckless borrowing. Investment banks like Lehman borrow money just like individuals do, except at much larger scales and for different reasons. Their mistake was in borrowing money to make investments backed by what is now essentially bundled junk debt. They couldn't borrow more money to keep the ship afloat, which is exactly why Lehman is walking the plank. This is also why Merrill Lynch sold up before it got too late.
Consumers can begin gulping if a big boy like Citigroup folds. Having the financial sector in turmoil is bad for the economy, and therefore is bad for America, but Lehman is not a Fanny or Freddie, whose decisions directly affect millions of lives. It is ironic that it is the lending institutions are getting bailed out, since they were the ones who really made the big mistakes that are costing people their houses. I would never advocate for an investment bank to be bailed out. Bear Stearns was bailed out, but according to some circles they are "too big" to be allowed to fail. It remains to be seen how many more banks fit into that category, but based on the government's mood I wouldn't count on any more bail outs for publicly traded, mismanaged companies in the future. Free markets are about survival of the fittest - I think I'm going to nominate Lehman Bros. for a Darwin Award, if at all possible.
Permalink: Vegetarianism_A_Track_To_A_Small_Brain.html
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09/12/08 06:15 - 71ºF - ID#45658
My Friend In Houston
I'm really worried. I tried to call him but getting a line is pretty much impossible.
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09/11/08 04:11 - 73ºF - ID#45642
Interesting Politico "Arena" Entry
It is a worthwhile read and a lot of salient points are made. Personally, I'd suggest that the media certainly is complicit in focusing on silly stuff. If the topic isn't about politics then it is about "celebutards" such as Paris Hilton and such. News is sensationalized for the same reasons in the US as they are anywhere else - to make money. It isn't as if the mainstream guys are doing good business, particularly in print. I think the media is desperate to compete for attention and are generally willing to extend remarks on the most trivial of topics if it means gaining an edge.
Permalink: Interesting_Politico_quot_Arena_quot_Entry.html
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09/09/08 11:43 - 60ºF - ID#45613
McCain: 15-pt. lead among independents
I have to admit, I'm very surprised by this. I expected McCain to get a bit of a bump after the convention, but a 15-point lead? Truly unexpected. There are a variety of factors that contribute to this shift, but it is a fairly obvious statement that Gov. Palin and her appeal has drawn more voters to the GOP. Love her or hate her, obviously she's been effective at getting middle America and political independents on John McCain's side.
Actually, if you read the data you'll see that among voters that are purely independent, McCain has a 20% increase over Obama among those individuals.
At this point the parties are entrenched in their choices, so very little shifting is going to occur. It remains to be seen how many conservative Democrats will shift over - according to this Gallup data the number of conservative Democrats favoring McCain over Obama has increased from 15% to 25%. Also unknown is how much further the numbers will increase on the GOP side as a result of additional enthusiasm among conservatives, who have helped to pull McCain's numbers higher as well.
Former Mayor of SF stokes Democrat Fears of the "Palin Effect"
Willie Brown, former mayor of San Francisco, is one of the most colorful and interesting politicians you'll ever meet. If you ask me, it is too bad that SF term limits allowed Gavin Newsom to slither into office. The man has had a very interesting political career in California that started in the 1960's. Anyway, he wrote a piece that appeared in the SF Chronicle that very much surprised me.
Overall I thought Willie was astute in his analysis of the Palin effect, love it or hate it. The only thing I really would take issue with is Mayor Brown's assertion that the press will treat Palin as the have Obama. Beeeeeeee Essssssss. That has already been proven wrong.
As an aside, Willie has a funny entry at the very bottom, addressing the recent string of restaurant robberies in Oakland (think Pulp Fiction):
By the way, there's a new dining tip for people going out in Oakland.
Be sure to order soup.
That way when the robbery starts, you can slip off your jewelry and drop it into soup so the robbers won't see it.
Ok, now that is funny. I wish we had more politicians capable of social commentary like this. It might actually endear them to us!
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08/31/08 09:55 - 64ºF - ID#45521
PBS HD - Sesame Street
Permalink: PBS_HD_Sesame_Street.html
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08/28/08 02:31 - 64ºF - ID#45486
Contorting My Face
I had to switch into my grody other shirt because I got mustard on the one I wore today. Oh snap.
Josh
Permalink: Contorting_My_Face.html
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08/27/08 05:45 - 76ºF - ID#45472
Lawn Guyland (Take 2)
After work I plugged Trader Joe's into Ye Olde Garmin and went to Commack to get some food. Typically I don't mind eating alone, but I wasn't really feeling it today. Unless I'm in a place I'm really excited about, for me eating alone is a bit of a bummer. Instead I went grocery shopping. I love Trader Joe's - they are all about healthy and sometimes unusual food, at very fair prices. I'd love to have one in Buffalo - sorry Co-op.
My room has a little couch, a king-size bed and all the news channels I can stand! I wonder what Slick Willy will say tonight. Anyway, I got a bag full of stuff, including the bag, for $22.50. The bag is actually made from 100% consumer PET harvested from transparent chips, which originated from plastic bottles. The result? A $0.99 reusable white plastic bag that didn't need to be bleached for its appearance.
From back to front, side to side -
4oz. dried mangosteen (very rarely seen outside of Asia, at least according to the packaging) - $3.79
1 Qt. Mango + Antioxidant drink - $3.69
1 Qt. 1% milk $0.99
Instant Thai Mushroom Noodle Soup - $0.99
1 lb. 3-berry granola - $3.29
4oz. dried dragon fruit - $1.99
4.4oz. dried and sweetened hibiscus flowers - $1.99
8oz. "apocryphal pita" - 8 small pitas - $1.29
8oz. chipotle pepper hummus - $1.79
1 banana
1 apple
1 cool mint chocolate Clif Bar (I don't remember having tried this flavor)
Plus tax, etc.
I can't eat/drink all of this. I'm bringing back the dried stuff, and perhaps the granola.
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08/23/08 02:06 - 81ºF - ID#45423
Jamestown, NY
We are avoiding that this year because it is our grandmother's 80th birthday. We are surprising her with a party at a local restaurant. She thinks she is going out for dinner with her sons and grandsons, but what she doesn't realize is that 30-40 people will be waiting at the restaurant before we arrive. (e:jason) and I did out due diligence and sent her a great looking bouquet and some chocolates from Fowler's. She was very surprised and choked up. Rumor is that she really, really doesn't want a party - apparently my uncle is a terrible listener and organized this dinner event anyway. It should be interesting to see how she reacts.
I've forgotten how hilly Jamestown is - in spots its as hilly as SF and Main St. is probably one of the steepest. They have been renovating some of the downtown buildings - the nicest one now houses the local Brian Higgins Congressional office. Jamestown is one place where mom and pop stores thrive. Last night I went to Johnny's Lunch and had some Texas fries, an orange shake and rice pudding. Johnny's is what Louie's wishes it could be - it is a local favorite and is phenomenal. Actually, Jamestown is home to a few Texas hots spots and all are owned by the same family. I love the shakes so damn much that after I'm done writing this I'm going to another place to get more.
Another beautiful thing - Jamestown (well, Lakewood) is home to Southern Tier Brewing Co. It's been a while since I did a beer review - maybe it's time to rejuvenate that tradition. If you haven't tried Southern Tier's Pumpking try it - 9% and you'd never know it. The beer tastes like buttery pumpkin pie! Anyway, the brewery is 10 minutes away and they have a little bar. It is very laid back and informal - you can take tours and buy their beers there for a very fair price.
Also, if you've never spent time around Chautauqua Lake in the summer it is very, very pretty. Many blue-haired rich folk like to spend their summers at the Chautauqua Institution, which I admit is very, very charming and a place (e:matt) would salivate over. The place is littered with Victorian homes in pristine condition and also house concerts/lectures all summer long. The Amphitheater was home to the Jamestown High School graduation ceremony for eons, until recent years. It is a place that makes you feel like you've stepped back in time.
Permalink: Jamestown_NY.html
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08/22/08 03:35 - 87ºF - ID#45411
Wireless Networking
Now we have a wireless setup whereby I can get 4-5 bars with my laptop from my room, which I wasn't sure about given the amount of potential for signal distortion. We've configured the 360 with (e:jason)'s computer to allow the use of the Windows Media Center to access media from his HDD. That is huge - now I can watch my downloaded shows while (e:jason) games.
Network security was our biggest concern but we're using WPA2. Now, the only problem - how to get my tower a signal. We found a $10 PCI wireless adapter on Newegg that got seemingly rave reviews. I bet the thing burns out in a year but works great - I'll let you know.
Permalink: Wireless_Networking.html
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08/21/08 02:37 - 79ºF - ID#45395
The Honeymoon Is Over
It's a shame, it really is. I've never really had an opinion one way or another about Sam Hoyt, just impressions - he seems inoffensive, he's around, every so often I get mailings from him which illustrate how government in NY moves at a glacier's pace. He is one of the local political class and he owes his current position to his father, who he succeeded as Assemblyman. He is former Chairman (you're going to love this) of the Assembly Oversight, Analysis and Investigations Committee. He currently chairs the Assembly Local Governments Committee, which I expect is a chair he won't hold for much longer.
This is a major disappointment. Now he is blaming his opponents! I have to be honest, I had no idea that he even had an opponent. The guy has been in office 16 years and it is fair to say that he is part of the political class in Buffalo that has been long on talk and short on delivering. Based on that alone he shouldn't be in office, but we all know he'll retain his seat in the Assembly. We've never punished bad politicians and never will. Nor will a Democrat ever get hung out to dry by colleagues or the media for cheating on his wife - even when she is dying of cancer, eh Johnny boy?
God help our city, although I don't pray for Buffalo anymore.
Permalink: The_Honeymoon_Is_Over.html
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I liked him better in the "THEY HAVE NO IDEA!!!"
I'm not really sure what this means in the long run, nor do I care, since I eat meat!