links for 2009-10-07

  • "A generation ago, Warren says, basics (housing costs, health insurance, transportation, education, and taxes) accounted for fifty-four per cent of the average family’s income. Today, they account for seventy-five per cent of it. Now, some of those costs arguably do reflect a lack of frugality—homes are more expensive in part because they’re so much bigger. But the fact that more than fifteen per cent of personal consumption expenditures now go to medical care, when in 1930 only three per cent of personal consumption did, isn’t a reflection of frivolity, and that’s not going to change any time soon."
    (tags: economy)
  • Getting smart energy management for your house without having to wait for your utility to install it. Interesting.
    (tags: energy google)
  • Health care reform is vitally important to our country, but I fear that whatever reform we get will not go nearly far enough to truly help us or our economy. One problem is we have people in prominent positions saying crap like what a leader in the Southern Baptist Convention said:
    "A top Southern Baptist official has accused President Barack Obama and congressional Democratic leaders of attempting to do 'precisely what the Nazis did.'" and "'The Nazis said people should be euthanized when they had lives unworthy of life,' Land argued. 'Well, at the very least Dr. Emanuel, [House Speaker] Nancy Pelosi, [Sen.] Max Baucus and President Obama are saying that some people have lives less worthy of life. And the older you are, the sicker you are, the less valuable your life is and the more likely they want to terminate your care.'"

    Look, I have no problem with anyone disagreeing with the Democrats' reform proposals, but comparing the Democrats to Nazis is beyond the pale.

  • My favorite part of Rex Hammock's post is this bit: "Over the weekend, PaidContent.org’s Staci Kramer passed along a joke via Twitter she heard at the Online News Association awards:
    How does a journalist count?
    “One, two, Trend!”"

  • From the story: "U.S. Rep. Virginia Foxx, a Republican from Banner Elk, is warning that Democrats will try to sneak health care reform through Congress.

    It's the political equivalent of slipping a 747 through a toll booth, but Foxx told 1240 3WC, "Hometown Christian Radio," in Wilkesboro that she thinks Democrats will put health care reform inside another piece of legislation that lawmakers would find difficult to oppose."

links for 2009-10-06

  • Stealing is bad. Stealing from a charity is really bad.
  • Esbee linked to this at Life in Forsyth. A truly awesome obit.
  • When I was at George Mason U back in the 80s I was a member of a petitioning local chapter of Sigma Chi and we spent a lot of time at the house of George Washington U's Sigma Chi chapter (Epsilon) participating in all kinds of clean fun like mantle diving (don't ask). I didn't realize they'd gotten into a bunch of trouble and lost their house about 10 years, but it looks like they've made a pretty full recovery with the dedication of their new house.
    (tags: school)

Rethinking GDP

The quote of the day comes from Dennis Leyden's blog on the subject of macroeconomics: "As Stiglitz says, 'If you don’t measure the right thing, you don’t do the right thing.'” He then links toan article in the NY Times about how we measure our economy.  From that article comes this:

In a provocative new study, a pair of Nobel prize-winning economists, Joseph E. Stiglitz and Amartya Sen, urge the adoption of new assessment tools that incorporate a broader concern for human welfare than just economic growth. By their reckoning, much of the contemporary economic disaster owes to the misbegotten assumption that policy makers simply had to focus on nurturing growth, trusting that this would maximize prosperity for all.

About damn time.

links for 2009-10-05

  • In this particular case I can't blame the folks in Charlotte for not wanting to be like us here in Camel City. Looks like they're getting ready to build a new stadium for the AAA team and the goings-on with Winston-Salem's downtown stadium has some people in Charlotte asking questions about their projected stadium costs.
  • I used to play in a regular basement poker tourney in VA that usually had about 35 guys at $100 each. I always figured it would be bad news if some kids heard about it and decided robbing us would be a good way to get some easy cash. Never happened, but this story reminded me of those thoughts.
  • "The News & Observer reported that Cooper's BBQ was about to close Saturday when the band's private jet services coordinator called, asking for enough food for 25 people: barbecue, pork rinds, five fried chickens, pig skins, ribs, cole slaw, hush puppies…

    The Holts prepared the food for the 10:50 p.m. delivery. Debbie Holt and her 14-year-old daughter, Ashley, delivered the food to U2's private jet at Raleigh-Durham International Airport, receiving $300 cash."

  • "Mr. Eitel, former colleagues said, really wanted to bring some sizzle to the ho-hum mattress business. He was paid millions of dollars to run Simmons for several private equity investment companies, first Fenway, then Thomas H. Lee Partners. Like those firms, he fared well, even though Simmons plans to file for bankruptcy…

    But while Simmons now faces an uncertain future, Mr. Eitel was a winner in The Great Game of Life. As chief executive, he enjoyed country club memberships, personal use of the corporate jet and thousands of dollars a year in free mattresses. Before stepping down last fall, he earned more than $40 million in compensation, bonuses and perks, according to an analysis by Brian Foley, an independent compensation consultant in White Plains. He earned the bulk of his money when Simmons was sold to Thomas H. Lee Partners."

    h/t to Cone for the link.

  • h/t to Lex for this find. I think half of these pics were taken at my house.

    (tags: diy)

  • "It's a bit tricky to estimate how much money the Sweet Seeds For Haiti has raised to date because you can earn FV cash and you can buy FV cash. When purchased, 25 FV cash costs $5. So if everyone bought the FV cash that has been used to buy the roughly 100k of sweet seeds to date, then $500k will have been raised, $250k of it going to charitable organizations in Haiti."

  • "The long tail is real, but sometimes the longest parts reach underwater. When there's enough choices, it means that some things will never get picked."

  • After reading this I don't think I'll be eating a burger any time soon. Found the link via Cone who had a pic of the cover of Upton Sinclair's book "The Jungle" on the page and I recall feeling much the same way when I read "The Jungle." Ugh.

    (tags: food health)

links for 2009-10-05

  • In this particular case I can't blame the folks in Charlotte for not wanting to be like us here in Camel City. Looks like they're getting ready to build a new stadium for the AAA team and the goings-on with Winston-Salem's downtown stadium has some people in Charlotte asking questions about their projected stadium costs.
  • I used to play in a regular basement poker tourney in VA that usually had about 35 guys at $100 each. I always figured it would be bad news if some kids heard about it and decided robbing us would be a good way to get some easy cash. Never happened, but this story reminded me of those thoughts.
  • "The News & Observer reported that Cooper's BBQ was about to close Saturday when the band's private jet services coordinator called, asking for enough food for 25 people: barbecue, pork rinds, five fried chickens, pig skins, ribs, cole slaw, hush puppies…

    The Holts prepared the food for the 10:50 p.m. delivery. Debbie Holt and her 14-year-old daughter, Ashley, delivered the food to U2's private jet at Raleigh-Durham International Airport, receiving $300 cash."

  • "Mr. Eitel, former colleagues said, really wanted to bring some sizzle to the ho-hum mattress business. He was paid millions of dollars to run Simmons for several private equity investment companies, first Fenway, then Thomas H. Lee Partners. Like those firms, he fared well, even though Simmons plans to file for bankruptcy…

    But while Simmons now faces an uncertain future, Mr. Eitel was a winner in The Great Game of Life. As chief executive, he enjoyed country club memberships, personal use of the corporate jet and thousands of dollars a year in free mattresses. Before stepping down last fall, he earned more than $40 million in compensation, bonuses and perks, according to an analysis by Brian Foley, an independent compensation consultant in White Plains. He earned the bulk of his money when Simmons was sold to Thomas H. Lee Partners."

    h/t to Cone for the link.

  • h/t to Lex for this find. I think half of these pics were taken at my house.

    (tags: diy)

  • "It's a bit tricky to estimate how much money the Sweet Seeds For Haiti has raised to date because you can earn FV cash and you can buy FV cash. When purchased, 25 FV cash costs $5. So if everyone bought the FV cash that has been used to buy the roughly 100k of sweet seeds to date, then $500k will have been raised, $250k of it going to charitable organizations in Haiti."

  • "The long tail is real, but sometimes the longest parts reach underwater. When there's enough choices, it means that some things will never get picked."

  • After reading this I don't think I'll be eating a burger any time soon. Found the link via Cone who had a pic of the cover of Upton Sinclair's book "The Jungle" on the page and I recall feeling much the same way when I read "The Jungle." Ugh.

    (tags: food health)

links for 2009-10-03

links for 2009-10-02

The Wake Forest Connection to the David Letterman Affair

Local blogger Ken Ashford writes that one of the women who had a sexual relationship with David Letterman is a graduate of Wake Forest:

UPDATE:  One of the female employees Letterman had a sexual affair with was named Stephanie Burkitt.  She's a New Hampshire native and a Wake Forest graduate (she's following me!).  That relationship ended in 2003, before David's child was born (and before David married the child's mother).  Burkitt later became involved with the Halderman, who apparently accessed Burkitt's diary, and got the goods on Letterman.  Burkitt is apparently "mortified" that Halderman would have done something like that.