text:
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Or is she, alternatively, having non-reproductive sex but starving to death as a direct result?
Just worried about our national contraception mascot. No one seems to be talking about her. We can't lose sight of our priorities here.
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Joseph Stiglitz in this interview gives very articulate answers in the course of describing what I can only assume is some sort of fantasy-world or alternate universe. In Stiglitzia, you see, the financial crisis was caused by too much free market.
When I look back at the history, I see
- a mortgage 'market' in which whether you can get a mortgage, and its size, and terms, is almost entirely determined by criteria set by two agencies, Fannie & Freddie
- Fannie & Freddie exist. Note these are not private companies that sprung up organically in a 'free market', but rather, invented, quasi-private 'government-sponsored enterprises' that ended up being just basically, well, the government
- as such they are also subject to all sorts of political pressure, Congressional meddling, 'you should (must) loan more to this group of people' diktats, etc.
- if you stop paying your mortgage, Fannie/Freddie (i.e. taxpayers) guarantee investors they'll make up the difference. Interest-rates are priced accordingly.
- or, your mortgage is sold into a private-label pool that gets sliced into tranches with different 'ratings', which are these letters assigned to debt by basically three 'rating agencies' given quasi-government status
- the main reason to do this is that the 'rating' of a piece of debt affects who can buy it, due to, like, laws and regulations. It also affects the capital charge based on made-up multipliers, centrally-determined by, like, the Basel Committee. This setup influences, if not dictates, what interest-rate you were able to get.
- that mortgage tranche might then get combined with other tranches and put into a CDO meant to game the 'ratings' even more.
- interest rates are all kept low because the U.S. central bank decided to keep the 'discount rate' low.
- this machinery all worked for a while as a government-sanctioned and -encouraged way to funnel money from debt investors to U.S. and other home 'buyers'
And then it all collapsed, taking a good chunk of the rest of the market down with it.
Now, sharp readers can easily observe that essentially none of the above bullet-points can fairly be described as 'free market' phenomena. So, that can't be the reality Joseph Stiglitz is describing. There must be some other, I can only assume?
Stiglitz also berates policy makers for listening…too much to free market ideologues when crafting their responses:
Those faulty models then encouraged policy-makers to believe that the markets would solve all the problems.
How exactly the (supposedly widespread, and supposedly academic-encouraged) belief among policymakers that 'the markets would solve all the problems' informed and led to the policies we actually got, such as bailouts, forced mergers, forced restructurings favoring politically-favored creditors, TARP (and TARF and CRAP and whatever the hell), massive 'stimulus' packages, 'Operation Twist' and other Fed open-market operations, EFSF and its CDO^2-based structures in Europe – indeed, what any of these policies have to do with a 'free market', Stiglitz does not explain. I suppose the explanation would go over my head anyway, since I am not a Nobel Prize-winning economist.
In any event, clearly since the crisis was so obviously caused by too-much-free-market, and since its failed policy responses were so obviously influenced by absolutist pro-free-market sentiment, it goes without saying that as we look ruefully back on all these failures (of free-market thinking) there's one group of people we (more in sorrow than in anger) recognize as needing to change their ways: free-market thinkers.
Within academia, those who believed in free markets before the crisis still do so today. A few people have shifted, and I want to give credit to them for saying: "We were wrong. We underestimated this or that aspect of our models." But for the most part, the response was different. Believers in the free market have not revised their beliefs.
Idiots! After seeing the oh so free market mortgage market collapsed and the oh so free market TARP failed to fix it, don't you free-marketeers realize your free-market ways just don't work?
Anyhow, most of the interview is devoted to a critique of 'austerity' and that gets me thinking. Since clearly Stiglitz does not see the same reality that I see, it stands to reason that the same might be true when it comes to 'austerity'. All of which is to say: a lot of ink & electrons are being spilled nowadays premised on the idea that a bunch of European countries, maybe even the U.S.?, are doing a whole bunch of belt-tightening 'austerity' stuff. Everyone seems to assume this (and then, criticize it).
What this here post of mine presupposes is: maybe they're not? Why do we think anyone's engaging in any meaningful 'austerity' at all? Because people like Joseph Stiglitz say they are? Yeah, you know what, looking at articles like this, that's not really enough of a reason in my book.
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Don't know how/when but somehow I had gotten the idea that Bridesmaids was going to be a hilarious movie. This is doubly-weird because the main thing I'd heard about it was that it was the 'female Hangover' and I didn't even like that movie much in the first place, and found it mostly sad and strange.
Bridesmaids is, I guess, like The Hangover in that way. This is because, although on paper it seems like a pretty formulaic comedy of the sort that might have starred Julia Roberts in the '90s – there's a main character who we follow along on a pat story arc involving first a lot of bad but 'funny' stuff and then a resolution, with both her friends and a gentle love interest – they made a very interesting and perhaps daring choice, in that they made the main character completely and totally unlikable and unsympathetic in every possible way.
I hated Kristen Wiig's lead character. Despised. She has no redeeming qualities. There is nothing to like about her. Am I getting through here? The rival, gorgeous, refined, nice 'enemy' character played by Rose Byrne, who for most of the movie (I gather) we were supposed to dislike, was far more likeable (but then, I would think so…)
What this means (if you agreed with me about the character) is that you sit and watch this movie ostensibly constructed around 'will the main character find happiness and get to a better place with her friends and romances?' and you don't care if she does, or even actively do not want her to. This makes it something of a surreal experience. Because while Bridesmaids has all the trappings of a movie starring A Character We're Supposed To Like And Want To Succeed, they mixed things up and (seemingly intentionally) didn't put that character in the lead, they put an annoying, self-centered, repellent character there instead.
Which, is an interesting choice.
What happened then? One possibility is that the writers don't know she is repellent, or at least don't see her as repellent as I did. No accounting for taste and all that. The explanation I favor though is that Bridesmaids is a sort of cultural agit-prop, meant to change views and tastes as to what is acceptable and attractive and likeable. A feature-length infomerical meant to portray inherently-unlikeable, atrociously-self-centered and obnoxious girls as likeable in the hopes that this will trick people, or even change aesthetics along the way. Sort of like movies/TV shows instructing us that 'big beautiful (=fat) women' are attractive. Yes, I understand they'd certainly like to think so. The problem is they might find that not everyone is playing along.
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My daily 'Volcker' search has brought me the latest piece by Suzy Khimm. Let me get my silly-definition-of-prop-trading complaint out of the way:
…the Volcker Rule — a provision of President Obama's Wall Street overhaul that would restrict commercial banks from making speculative investments that do not benefit their customers
That's what the Volcker Rule bans? Wait, so banks are, under the Volcker Rule, allowed to make speculative investments as long as those investments 'benefit their customers'? But wait. Suppose a bank makes a speculative investment. And then makes a lot of money. And then (in large part because of that) is able to offer their customers more loans/better prices. That would totally benefit customers, I would think! But that applies to anything a bank does, 'prop trading' or not. So I guess the Volcker Rule doesn't really ban anything at all. Nevermind then.
Why oh why can't anyway give a coherent account of what the Volcker Rule is meant to do? It's almost as if it tries to ban something that has no clear definition, or something!
Anyway, the rest of the piece is interesting more for its cultural reporting on the sorts of people still sticking around with that 'Occupy' thing (remember that?). Khimm brings us former traders and risk managers and quants, all 'fighting the man', she says – only, when you look really closely at what's going on, it sounds more like they are the man:
But the meeting is a glimpse into one of the most surprising iterations of the free-wheeling, anarchic movement: fighting the man through the tedious and Byzantine regulatory process. [...] Many of the Occupy wonks once worked on Wall Street, and some of them still do. [...] Now they're trekking to Washington to present their 325-page treatise before federal regulators in official meetings with the FDIC, the Federal Reserve, the Office of the Comptroller of the Currency, and, yes, the SEC.
Last week, they met with 60-odd congressional staffers, including some Republicans, to give them a closed-door briefing on the regulation. And at the end April, the group is slated to sit down with Paul Volcker himself, the former Federal Reserve chair and namesake of the regulation.
Wow! Anarchist outsiders, the whole lot of 'em!
In the peak of 'Occupy!' (<—I definitely hope that's what the Green-Day-scored Broadway musical version will be called when it comes out, BTW) I wrote many times that this was not a movement of 'the 99%' against 'the 1%', it was a movement of disillusioned young gifted people of privilege trying to get the sinecures they felt they had coming to them, but hadn't found yet. Well, the subjects of Khimm's piece appear well on their way to finding them. I also predicted that some of the 'occupiers' were destined to become very powerful and wealthy. I wouldn't be surprised if Khimm has found us a few of those.
One of them is certainly thinking along the same lines, as he is planning to start a bank (!), waxing poetic about its 'market potential':
…the Occupy Bank would offer a full range of banking services to all customers; unlike community banks, it would ultimately have a national reach. "I personally think there is enormous market potential for a bank of the kind we described," Ross says. "If you get it right, it could potentially change the system, which is not only politically but commercially ripe for revolution."
Anarchy! Smash the state! Um…'enormous market potential' to create a 'commercial' revolution by starting a new bank and becoming a filthy rich banker myself!
Not that I'm knocking it, by the way. Good for them. But can we please finally drop the romance everyone constructed at the time about how 'occupy' was all about downtrodden lower-class folks who had no opportunities in life? People, seriously, the guy is talking about starting a freaking bank. I mean come on.
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Musing on what I like to think will become known to posterity as Coolnessgate made me realize that Coolness has some very intriguing and surprising properties. We start from self-proclaimed cool person Paul Waldman's (highly accurate I have to presume?) observation that Coolness was invented in the 1960s as a property held by the hairy guys who smoked weak 1960s pot and had hippie girlfriends who wore (let me go look this up in Paul Waldman's guide to coolness) 'sheer peasant blouses'. Whatever those are (but whatever they are, we know they excite Paul Waldman).
Now one thing we know about those 1960s from the approximately 2.7 kajillion movies and TV shows that have celebrated the greatness of that decade (which saw the Baby Boomers invent sex, freaky white-people dancing, Indian music, trees, and so many other things) is that – back then – the cool kids didn't like old people. Remember 'don't trust anyone over 30'? Okay, me neither, but I'm pretty sure I saw it in a movie or one of those PBS telethon specials about The 60xties that would constantly be interrupted by some short-white-haired old lady with gigantic earrings begging for money. Point being, young people were cool and (this is key) old people were not, almost by definition. Coolness, back then (when – hey wouldn't you know it – Baby Boomers happened to be young), coincidentally attached to those very same young, and could not attach to an old person.
But what has happened to coolness since then? It seems to have (coincidentally!) followed that particular wave of young people forward. Because at least by the Clinton administration (at a time when Baby Boomers started to become 50+ years old), I guess scientists discovered that apparently suddenly miraculously 50+ year-olds can be 'cool' after all. Play Fleetwood Mac at their inaugurations and everything.
This illustrates the broader theme of the relationship of 'coolness' to the establishment. Back then, the establishment was decidedly not cool. Young people today probably scratch their heads when being taught that those cool '60s rioters were rioting against the Democratic National Convention. Say what? Because now one political party in particular, in particular the Democratic Party, is way super-cool. Again coincidentally no doubt, this change in coolness occurred over a time when Baby Boomers happened to find themselves able to rise in the ranks and assuming leadership of political parties and indeed of the country itself. 60s: surely a President, an old powerful dude in a suit, can not be cool. LBJ? Nixon?? Get real. Even the sickly JFK – sure he could womanize, and was 'inspiring', but he wasn't 'cool'. But now: Clinton played a saxophone! Obama is Obama! So coolness has followed Baby Boomers to the Presidency itself.
Or how about wealth. In the 60s: It was cool to eschew possessions and materialism (at a time when Baby Boomers were too young to have possessions or, um, materials). Those materialistic parents with their plastic-fantastic world, giving Dustin Hoffman a SCUBA outfit for his birthday, I mean how uncool they all were (as they came back from a war to supply Baby Boomers with an unprecedentedly coddled and privileged existence). But as those Baby Boomers grew up, bought houses of their own, made a killing in real estate, made it big in stocks in the '80s, maybe bought a second house or got their real estate license and started flipping houses, maybe (like Hillary) got into commodity futures, etc., bought tech stocks, guess what? Suddenly all that stuff is just fine. It's now cool to be wealthy as hell and even tax young people more to maintain the system. Doesn't hurt your coolness at all.
So everywhere we look we see this property of coolness recur again and again: it happens to follow Baby Boomers through their life arc. Coincidentally.
And if you don't believe me, just ask a Baby Boomer. Because clearly they'll be perfectly happy to tell you how cool they are and how coolness is defined by…well, by whatever they happen to be doing.
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Paul Waldman has clearly done some very important journalistic and literary work in writing this piece stating that President Obama is "cool" – cooler than Mitt Romney – and that he needs to be re-elected because he is so "cool". After all, the cool kids have been downtrodden and beset upon enough already, it's time they had a victory for once:
So once again, we have to wage a campaign of the cool kids versus the squares.
Yes, once again. The self-proclaimed "cool" people (like Paul Waldman, whoever that is) "have to", "once again", beat back those squares. Reluctantly!, Waldman would no doubt add with a sigh, sad-eyed at the thought of having to repeat this campaign that, the cool kids all thought, had been won definitively in the 1960s when Jimi set his guitar on fire or Abbey Hoffman did (um, whatever he did) or something. Nevertheless. Squaresville delenda est.
It's pathetic enough that after three and a half years of President Obama's administration the best argument to be mustered in his favor is the exact same one upon which his entire election was based in the first place. Literally, nothing he has done or hasn't done in the intervening time has mattered one iota; he was ipso facto cool then (and this is why it was important to elect him) and he is still cool now (and this is why it is important to re-elect him). You could have been stranded on a desert island all this time and easily pick up with this 'analysis' right where you left off, without a hitch.
But the genuinely interesting point is the one Glenn Reynolds raises: what exactly about President Obama makes him 'cool' at this point? A corollary here is what's so 'uncool' about Mitt Romney? Looks sort of cool to me though my tastes are admittedly not up to date, and may reflect different priorities to those of Paul Waldman:
Anyway, in search of answers, from very early on I had perceptively and astutely identified these factors in Obama's favor:
- tall and sort of skinny, looks svelte in a suit
- kinda-black but not too black, if you know what I mean
- can read prepared text in a 'sonorous' tone of voice; good for sound bytes, music videos
RWCG can now reveal the previously-sealed findings of an exclusive, in-depth investigation commissioned by RWCG, Inc.: it turns out that President Barack Obama still possesses the preceding three qualities which (they and they alone) are what made everyone love him so much in the first place. Hence: cool, Smart People (such as Paul Waldman) think he should continue to be President-guy.
And I for one think that's as good an argument as any. Because if there's one group of people whose priorities I find to have been in the right place lo these many decades, it's self-absorbed Baby Boomers who think (and say!) they're so "cool".
UPDATE 4/27: Waldman clarifies. Shorter: 'You guyyys, you just don't understand, when I said Obama was cool I just meant he was way way super-cool'. Or something (I mostly skimmed). Thanks Paul Waldman for that and I for one pledge to take you at your word that you're as cool as you claim to think you are.
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Today in Volcker Rule news, legislators (=people who write and agree on laws) have asked regulators to fill in all the, like, well, actual details of the law they 'wrote', in such a way that once it is actually written the result is, well, perfect.
In a letter to five federal agencies on Thursday, a group of 22 senators called for regulators to adopt a final rule free from loopholes and concessions to Wall Street.
Got that? When the unnamed/unelected regulators finish filling in all the details of the law, it needs to be completely 'free from loopholes and concessions'. That's all they ask. I think legislators should ask regulators to square the circle and create a perpetual motion machine while they're at it. Legislating! It's fun and easy!
Somehow I don't remember any of this being the process, but admittedly it's been a while since I've seen that 'I'm just a bill on Capitol Hill' episode of Schoolhouse Rock. I mostly know the words to 'Unpack Your Adjectives'.
Which may explain why I always end up unpacking 'frustrating' first, and then I reach in and find the word 'worst'. Like when I read this description of the Volcker Rule:
Under the rule, banks can no longer place speculative bets with their own money.
There are two ways to read this by my count. One is to observe that the notion of banks having something called 'their own money', as if firewalled off from the 'other money' (?) they do stuff with, is nonsense on stilts, and infer that the author is a financial ignoramus. The other is to assume for the sake of argument that the above is an accurate description of the Volcker Rule, from which we conclude that the Volcker Rule bans precisely this: modern banking. So as a description of the Volcker Rule this is either dumb or insane.
Adjectives are words you use to really describe things. Handy words to carry around.
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I've written before that Romney's critics invariably come up with critiques that only end up making me like Romney more than previously did – which admittedly is a bar that didn't start out very high, and still isn't. But anyway, on that note here's Jonathan Chait with the latest entry:
He believes that fairness is defined by market outcomes. If Romney earns a thousand times as much as a nurse in Topeka, it is solely because his character, education, or hard work entitle him to that. To the extent that unfairness exists, it is solely the doing of government: clean energy, laws permitting union dues, overpaid government employees, and so on. Aside from unfairness imposed by government, poverty is attributable to the bad choices or deficient character or upbringing of poor people.
Wow! That's actually what Romney believes? Sign me up! This guy just keeps getting better and better.
Alas, Chait backs away in the very next paragraph:
Now I doubt that Romney actually believes the full implications of this, even though many Republicans certainly do.
Argh! Talk about a bait and switch.
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Sonic's Razor: Any law, rule or regulation that is (formally or informally) named after (a) some individual* adult** human, or (b) via an acronym that makes a dictionary-word, is presumptively a bad law that can be opposed without further information.
Examples: "Volcker Rule", PATRIOT Act, "Buffett Rule", DREAM Act, "Obamacare"
*Excluding laws named after two or more people b/c of how common it is nowadays to refer to a bill by the bill's split-partisan co-sponsors. Although in reality it's probably the case that most of these laws (McCain-Feingold, Dodd-Frank) are terrible too.
**Allowing exceptions for laws named after children due to some atrocity/accident, e.g. 'Megan's Law', although those may be bad as well; I don't have the knowledge let alone the stomach to look into it.
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I don't understand people like Jon Lovitz.
"This whole thing with Obama saying the rich don't pay their taxes is f**king bullsh**. And I voted for the guy, and I'm a Democrat. What a f**king a**hole. The rich don't pay their taxes? Let me tell you something, right. First they say to you, you're dead broke, 'the United States of America, you can do anything you want, go for it.' So then you go for it and then you make it, and everyone's like 'f**k you.'"
He went on to say, "If I make a dollar and out of every dollar I'm taxed at 50, half, at 50 cents, I have to give, isn't that like enough? It's half. HALF!"
In our system, the Democratic Party (or rather the left, of which the Democratic Party is the major-party vehicle) is, more or less, the faction that, by and large, thinks it isn't enough (and will never think it's enough). It is precisely the vehicle for people who wish to go 'fuck you' to people who have made it. So what is he complaining about? Jon Lovitz by his own words 'is a Democrat', and he voted for Obama. 'Half is not enough' is precisely what he voted for. So I don't get it.
Is President Obama not living up to something Jon Lovitz made up about him in his head?
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I don't have a lot to say about this post (which I basically skimmed) other than to point out it's the first emergence I've seen of 'mendacious' in this election cycle. Boy, that takes me back.
For those who haven't noticed this, or don't recall the Bush years, when lefties want to say their political opponents are dishonest or lie, they love to use the word 'mendacious' or its cognates, even though it's a more complicated word that means the exact same thing.
I assume it makes them feel Smart.
P.S. Almost makes me wish there were a major war going on, so we could be regaled with endless monologues decrying how much 'treasure' (=money) we were spending on it. Hey, I said almost.
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My parking-lot 'lanche continues apace with no end in sight. I'm not sure I made something clear in the previous discussion, so let me lay it out explicitly here:
If you design or have any part in creating a parking-lot or parking structure in which the parking spaces are at right-angles to the direction of driving, then I HATE YOUR GUTS, you are at best an unthinking drone contributing to a system of pure evil (similar to – nay, just like Nazis!), and I consider you emblematic of everything that is wrong with society today.
So that's the tradeoff you face as you weigh whether to make all right-angles and narrow lanes to squeeze, like, four more parking spaces into the new Chipotle/Panera/etc. strip mall where the roller-skating rink used to be.
That's all. Good luck designing and congrats on the gig!
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I'm kinda looking forward to that moment (which we know is coming) in late 2016 when President Obama, finishing up his second term, in the course of a speech considered to be perhaps his last big one that sums up his Presidency and tries to cement his legacy, explains once and for all how everything that you think may be bad about the state of affairs in the United States is due to some decisions made by a prior President named Bush in, like, 2003. I bet when he does, I'll get a lump in my throat due to nostalgia for all the other times he explained this to us. Because by then it might be, like, the last time we ever hear that. In fact even right now, as we speak, I'm getting chills due to anticipatory premonition of that forthcoming nostalgia that I bet I'll feel at that time.
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Peter Eavis makes the case that there's evidence the 'Volcker Rule' won't have the bad effects its critics charge. His point is that (1) banks have already done a lot of the inventory-shrinkage that Volcker would make them do (which is true), and (2) companies are still 'able to issue debt'.
I'm not sure I agree that 'able to issue debt' is the right metric. Okay so companies are able to borrow money, in this particular environment of 0 interest rates, and relative market calm (compared to Q3 last year). But what does that prove? Not a whole lot. People just don't have much of anywhere else to direct their fixed-income money. The mere 'ability' to borrow money doesn't tell the whole story. Spain also had a 'successful' debt issuance last week (at relatively giant interest rates). I don't think this proves that Spain is healthy or will have no debt troubles.
The broader point is that mere ability to issue debt was never the claim, the claim was liquidity. A symptom of bad liquidity is bid-offer. Yet Eavis seems to concede that bid-offer has gotten worse, which (as he also points out) makes it harder/more expensive for companies to issue debt; although he buries this lede:
Critics of the Volcker Rule may be right about one thing, though. The cost of issuing and buying debt has effectively gone up as inventories have fallen. This is measured by the bid-ask spread, which is the gap between the price at which banks will buy a bond and the price at which they offer to sell it. When markets become less liquid, this spread can widen. From 2007 to 2011, the bid-ask spread on investment-grade corporate bonds widened by 40 percent, according to BlackRock.
'Right about one thing'? No actually, they're right about the thing. In a post supposedly saying the critics are wrong, the words Eavis actually typed have just spelled out the case that the critics are right.
Now as I've said before, one can reasonably argue over how much liquidity matters, and over how to balance the trade-off between liquidity and some other value ('stability', or whatever you think the Volcker Rule is promoting). But I've also said that the basic fact that liquidity will suffer can't be disputed – and now I can point to Peter Eavis's post to back me up.
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Steve Sailer, in a recent post about "leapfrogging loyalties":
In contrast, modern liberals' defining trait is making a public spectacle of how their loyalties leapfrog over some unworthy folks relatively close to them in favor of other people they barely know
This is one of those truths that I think is so obvious and ubiquitous – we're all a little steeped in leapfrog-think – that it may actually be in danger of being overlooked, and so I think it needs emphasizing, but in doing so I risk having everyone just say Duh that's so obvious.
But historically it is actually pretty weird for an entire society and value system to essentially be built upon the concept of having your loyalties leapfrog over whoever's nearby but not in your cool inner circle. Isn't it?
Let me just point out a recent example because I found this noteworthy for how weird it was. The World Bank recently had to get a new President (or whatever they call it). They chose, via whatever the process is for choosing the whatever of the World Bank, a guy named something Kim, who is an American. And, um, that's that.
As you can see, I would have extremely high credibility if I were to claim that I Don't Give A Rat's Ass About Who Heads The World Bank.
However, if you scan your RSS feeds from a few weeks ago (I'm not going to bother digging up links), you'll find A LOT of commentary about it from certain circles. And what did that commentary consist of? Well there were a few distinguishable factions ranging from (1) this guy Kim, he's a great choice, because of such-and-such ideology that I agree with!, to (from a smaller and slightly persecuted faction (2) Kim's a terrible choice, because his ideology is dumb and I don't agree with it.
However, the most vocal faction of the Who-Heads-The-World-Bank-Carers was, without any doubt, this one:
(3) I don't know who will get picked to head the World Bank, but I sure hope it's not an American!
Needless to say, faction #3 was very popular among…Americans. And (for the most part) these were Americans who, as far as I can tell, didn't really know anything in particular about what the World Bank even does. No more so than me, anyway. What it does, why it matters, what its "President" does, why his qualifications matter, what in particular he would actually be doing per se, why/how whether he's American would affect his ability or lack thereof to do it – very little discussion was devoted to any of that.
But a lot of discussion – by and among Americans! – was devoted to hoping they don't pick an American. For no apparent tangible reason (no I'm not going to count mumbling vague niceties about 'it'll make The World like us better' as a tangible reason) over and above simply not wanting it to be an American, and wanting to make sure everyone knew that the person saying this didn't want it to be an American.
Then when Kim (an American) was chosen, there were some slight lamentations from the same people. 'He's a pretty good choice but I would have preferred if they'd have gone with a non-American this time round, maybe next time' seems to have been the popular consensus.
I didn't comment on any of this discussion because (again) I Don't Give A Rat's Ass. But I do find it to be a remarkable example of leapfrogging loyalties. I'm just saying that when you're an American who knows diddly-squat about an institution but you nevertheless find yourself Wanting Them Not To Pick An American, it might be healthy to examine your feelings/motives there just for a second. Because in the grand scheme of things, that's pretty fricking weird when you stop to think about it.
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Jesse Eisinger, in a post calling one of mine cynical – cynical! ME! – raised the issue of whether the Volcker Rule prohibits portfolio hedging, or whether portfolio hedging is being used as a dodge. I had found the notion of 'banning portfolio hedging' so preposterous, indeed incomprehensible, that I didn't have the strength to react to it. But it's not as if I don't already think the rest of the Volcker Rule is ridiculous, so what do I know, maybe it does ban portfolio hedging. And round circles while we're at it. Drinking liquids. Speaking words. Walking with legs. Why the heck not? It's not like I've read the text of Dodd-Frank, maybe all that stuff is in there.
That's why I was relieved to see this post at Economics of Contempt debunking the whole thing. Banks can rest easy, I guess they don't have to individually hedge every single line item on their books separately after all. How would that even work….
"Hi yes can you quote 30-year CDS on Joe Schmoe's mortgage of 123 Maple Lane, Sarasota, Florida? Where is that trading on the broker screens at the moment? Notional is $273k. Uh huh. Uh huh. Ok that is done." Hey boss great news, I've hedged the default risk of Joe Schmoe's mortgage! Yes I got a decent level, it's a very liquid market since all the big fast-money hedge funds are quite active trading Joe Schmoe 123 Maple CDS.
Repeat 100000x?
Sorry, I don't get it. But maybe that's just me being cynical again…
Filed under: Uncategorized
Don't you hate it when you're reading an interview with James Franco (manfully) complaining about his time on your favorite movie in the whole wide world, namely Tristan & Isolde, and he casually mentions practicing swordfighting in the backyard of an ex-girlfriend to train for it, which training was (tragically) wasted when the director of Tristan & Isolde (foolishly) cut its Braveheart-like scenes, and that girlfriend's name rings a bell, making you wonder 'is she that one obscure actress from that Whit Stillman movie?**', so you go to Wiki that Whit Stillman movie to find out, but at first you mess up and Wiki the wrong Whit Stillman movie, so you have to do the Wiki all over again, but on the second try you Wiki yet another wrong Whit Stillman movie from the one you were thinking of, meaning you had to do 3 Wikis in all just to get the answer?
**Not her at all. Totally different person.
Filed under: Uncategorized
Speaking of the Volcker Rule, it's being reported the Fed has 'clarified' that, they've decided that banks won't have to abide by it for another 2 years. This is coming as news because apparently the actual bill of law that Congress wrote that contains the thing everyone is calling the Volcker Rule, seems to have left this part (=when it takes effect) somewhat vague. The Fed has decided: 2014. So that's good to know hey?
The other thing being noted in this article is that the actual tangible content of this dumb-ass 'Rule' that Congress wrote and passed hasn't quite been figured out yet:
The rule, one of the most contentious provisions of Dodd-Frank, takes effect on July 21, even though regulators have yet to put the finishing touches on the draft.
Well, I'm sure they'll get around to it.
I wonder if anyone will notify Congress when this brilliant, highly-informed and necessary law that they wrote, debated and passed will take effect, and what it will consist of precisely. Surely there's gotta be some process for that, like someone posts it to a Sharepoint site, that members of Congress can access if they wanna. Or maybe it gets sent to their emails as a PDF attachment that their assistants have set up a filter to save to a special folder called 'Laws/Content-Timing-Implementation', that Congressmen can later peruse at their leisure. I guess it's not that important really.
Filed under: Uncategorized
It's been quite a kick to watch Matthew Yglesiases's discussion of wi-fi on Amtrak.
For those readers who may not be as experienced in analyzing the writing stylings of Matthew Yglesias, let me bring you up to speed: Matthew Yglesias, a professional blogger who lives in the Washington, DC area but is from, covers (nominally) an industry/sector centered in, and thus (presumably/reading between the lines) has occasion to travel often to, the New York area, has done some in-depth sophisticated financial analysis and discovered the highly liberal, generous political-economic principle that Amtrak, a train 'company' kinda sorta owned/run by the U.S. government i.e. you and me, should find a way to supply better and more reliable wi-fi internet service on its trains, including but not necessarily limited to (but most prominently mentioned nevertheless) the Acela and Northeast Regional lines that, coincidentally, would be the exact same trains that, lo and behold, one Mr. Matthew Yglesias would find himself sitting on with his Slate-supplied iPad 3 as part of his present work-life routine.
Now in fairness, he appears to be responding to a (somehow) even more obnoxiously solipsistic article by Tom Friedman, (apparently) one-time Acela rider, making the same 'liberal' point about the country's urgent need to supply better wi-fi to people like Tom Friedman wherever they are. As I have noted before back during the great DC-Sidewalks-That-Matthew-Yglesias-Walks-On-Have-Cracks-In-Them-And-Not-Enough-Beautiful-Plant-Features Crisis of 2009-11 (or is it still ongoing?), and then later during the DC-Area-Zoning-Doesn't-Improve-The-Housing-Value-Of-DC-Condo-Buyer-Matthew-Yglesias Crisis of late 2011, it's striking how often 'liberal' political-economic priorities manage to coincide with, Things that would make the life and environment of that 'liberal' more comfortable and pleasant.
Actually, in double fairness, I lied when I said Matthew had come to this conclusion via sophisticated financial analysis. He makes no such strong claim; rather, he simply 'wonder[s] why it's not worthwhile' for Amtrak to invest the funds necessary' to do this thing that would (coincidentally) make being Matthew Yglesias more convenient. Because he, by contrast, essentially wouldthink it would make sense. And so that's what he wanted to tell us in that post.
Poor Matthew, endlessly doomed to 'wonder' about (and wouldthink) such things. It's just a shame that Slate doesn't employ a full-time, say, business and economics correspondent who knew stuff about stuff and on that basis could and would do the actual job of finding out the answer and then reporting it back to us – and to Matthew Yglesias. Ah well.
Posted via Amtrak wi-fi internet connection, Northeast Regional Line
Filed under: Uncategorized
I had a whole thesis-length Pulitzer-worthy post laid out trying to follow up with the more recent speculation/guesstimation/made-up theories? regarding what JP Morgan's Volcker-impure "London whale" trade is for, then I noticed that my like-minded but funnier/more widely-read alter ego Matt Levine at Dealbreaker had already written two posts on the subject. Which launched me into a deep existential depression because, what's the point of me then? Anyway just go read them if you care about the details of the discussion cuz he more or less says everything I would have said and nothing I wouldn't have said. We clearly think along the same lines, just with different sarcasm-approach-vectors. Me and him made friends, I like the way he talks and he likes the way I talk. Or something.
I did have one point to expand upon though (sorry you're not off the hook yet). To follow along with below all you really need to know is (1) JP Morgan has put on some large trade (and – this is a key point because it doesn't usually happen – it got publicized), (2) certain people in the press and blogosphere and whatnot are complaining and wondering if they should be allowed to do that, in particular because (3) they think it might violate new financial regulations meant to control risk (the Volcker Rule). But to make that case, in part because the Volcker Rule is a stupid-ass rule, they have to (4) analyze and theorize (and make stuff up) about what they think might be the purpose and intent of the trade. So that's what everyone's doing.
Much to my annoyance.
Why? Because: If I had to draw up a list of people I'd want to consult to understand the purpose of that trade and determine whether it made sense, as all this Volcker Rule stuff seems to force us to do, it would look something like – in order –
- The guy putting on the trade (whose name has been publicized in the news, Bruno Iksil). You know, the trader.
- His supervisor/boss/whatever. Also probably gets what they're doing.
- His junior guy(s). They'd know the nuts and bolts.
- …[skipping a few]
- Maybe some sharp middle office guy who books his trades and understands what's going on.
- …
- His sharpest 'risk manager' or 'product controller'
- …
- The CEO of JP Morgan.
- …
- Felix Salmon the "econoblogger"
- …
- Paris Hilton*
- …
- John Carney of CNBC
- …
- My childhood best friend who's now a forest-firefighter in Sonoma. Or am I thinking of the kid whose dad knew Sammy Hagar for some reason? Wait neither of those sound right. Anyway, that guy.
- …
- [insert any random regulator here]
- [insert any random non-Maxine Waters Congressman here]
- An inanimate carbon rod
- Maxine Waters.
The point is that if I concede (which I don't!) that Figuring Out Whether JP Morgan's Trade Is Kosher is something we all should be busily engaged in doing, well maybe that's fine, but it necessarily involves analyzing the risks of JP Morgan's books, understanding the financial instruments in question, ideally knowing something about the market dynamics and flows in that space, and having sound judgments about which risks stand out as needing hedging so as not to take undue risk, and so forth. Guess what! As it happens JP Morgan already has a guy on staff whose job it is to do that, it's even an actual job function there – and that job is called: 'trader'.
Now, could that guy be doing a poor job, making bad decisions? Of course. But (a) we have no particular indication of that (sorry, 'hedge funds are complaining' doesn't count), and (b) if you (or Senator Merkley of Oregon, or whoever), think you know better which undue risks JP Morgan has taken on and whether they make sense and whether alterations need to be made to its position, I'd invite and encourage you to go ahead and send your resume on over JP Morgan's HR department; you're making your case to the wrong people.
Some will retort 'but moral hazard!' because after all, why should the banking system be allowed to pay some guy for taking risks with money that was (essentially) printed up by and in the name of The People and then loaned to that guy, with a capped downside, for him to play with, with no input from anyone else? Two answers. (1) It's not true that he has no input or control from anyone else, JP Morgan like all other banks is already (Volcker or no Volcker) massively regulated and capital-constrained and inspected in what they can do by the Fed and FSA and whatever other regulators apply to it, and they also have internal risk controls and manager types who (hard as it is to believe, and yes I'm aware this didn't prevent 2008) don't want JP Morgan to lose money. (2) More broadly, while I understand the moral-hazard concern in theory, sort of, the problem is that if you're genuinely freaked out about 'individuals at private institutions taking risks with Fed-printed/FDIC-guaranteed money in a way that leads to their personal gain if it works out well', I'm afraid you're going to need to go ahead and ban fractional-reserve banking with a central-bank lender of last resort and an FDIC, because friend, I'm sorry to break this to you, but that's what it is.
So unless they plan on banning modern banking, people should ideally make their peace with the idea. Loans are risky; get used to it.
*I have always suspected Ms. Hilton is underestimated.


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Are Politicians Big Plagiarizers? Does Originality Count?
It's a war of words, and the fight is over who owns them. Barack Obama's campaign, known for its slinky, silken rhetoric, may be borrowing those golden terms. Obama gave an awesome speech in front of Wisconsin Democrats this week, quoting lines from great inspirational speeches, like, "all we have to fear, is fear itself," and slamming the notion that words don't matter.
Fantastic. Except, um, Obama's words already had a little debut.
The entire section of that powerful speech was used, almost verbatim, by Deval Patrick, the ultimately successful Massachusetts gubernatorial candidate, in October 2006. Oh. Obama and Patrick are friends, and do share a political adviser, but... does it cheapen the words for you?
And Hillary may not be completely innocent of heisting words herself. Her campaign would not confirm that Senator Clinton's rhetoric is entirely original. In fact, her Communications Director Howard Wolfson said, "Senator Clinton is not running on the strength of her rhetoric." Hmm.
Do we lose an opportunity to learn about the candidates if they're using other's words? Is it all a big deal over nothing?
Here is the matching Patrick video, read more. Judge for yourself.
Hillary Clinton
- How to pick the perfect florist — Wedding Chicks
- DIY this cute "here comes the bride" banner — Green Wedding Shoes
- This couple opted for a beautiful rustic boho theme — Style Me Pretty
- Bold beauty trends to try for your bachelorette party — The Knot
- Bridal party ideas for every type of bride — 100 Layer Cake
- Chances are these 60 people will be at your wedding! — HuffPost Weddings
- Get the perfect mani to show off your engagement ring — Glamour
- 50 ways to stay within your wedding budget — Brides
- You should ask these questions before booking your wedding venue — Equally Wed

subset: commoncrawl


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Panhandle, Texas Vacations - Travel guide to Panhandle, Texas accommodations and vacation packages. Visit Panhandle, Texas for getaways and adventure travel. Plan your Panhandle, Texas vacation today.
|Sort By:
Galveston, Texas Hotels & Resorts - Discover unparalleled luxury at The San Luis Resort, Spa & Conference Center, a 30-acre year-round beachfront hotel and spa resort property on beautiful
Odessa, Texas Hotels & Resorts - The MCM Grande Hotel FUNDome is located approximately 7 miles from the Midland International Airport.
San Marcos, Texas Hotels & Resorts - The Embassy Suites San Marcos is conveniently located near many top local attractions, off IH South 35 at the McCarty Exit 201. It is less than a mile
San Antonio, Texas Hotels & Resorts - The all-suites La Quinta Inn & Suites San Antonio Downtown is located three blocks from Market Square, eight blocks from the Alamo, and approximately 10
Port Aransas, Texas Hotels & Resorts - Holiday Inn Express Hotel & Suites Port Aransas is less than two blocks from the beach and approximately 30 miles from Corpus Christi International Airport.
South Padre Island, Texas Hotels & Resorts - For a big splash, take on the waves and high-speed slides at Schlitterbahn Beach Waterpark, less than three miles away. Go on a day trip to Brownsville
Galveston, Texas Hotels & Resorts - Just steps away from the beautiful Gulf of Mexico, the Victorian Resort and Conference Center, a Magnuson affiliate, offers 50 spacious suites with private
Dallas, Texas Hotels & Resorts - The Hilton Anatole hotel is located on 45 lush acres and houses a plethora of pampering resort amenities.
Rockport, Texas Hotels & Resorts - A new landmark on the Texas coast, The Lighthouse Inn offers magnificent views of Aransas Bay and the Texas Gulf Coast. It is situated on the waterfront
Corpus Christi, Texas Hotels & Resorts - The Hawthorn Suites by Wyndham is located across the street from the beaches of North Padre Island and the Gulf of Mexico


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Welsh Lib Dem conference: day 2
Welsh Liberal Democrat leader Kirsty Williams will be the main speaker on the second day of her party's conference in Newport. UK Government minister Jenny Willott will also address delegates.
During the conference's first day, Deputy Prime Minister Nick Clegg committed the Lib Dems to a wide-ranging transfer of power from Westminster to Cardiff.
He said the recent Silk Commission report, which recommended devolution of policing, youth justice, energy decisions and teachers' pay, would become the 'blueprint' for his party's 2015 manifesto.


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With an award-winning screenplay by director [[Performer~P92831~Val Guest~valguest]], this is a first-rate cops-and-robbers crime drama about a dangerous escaped convict and the police inspector who goes after him. The gritty industrial city of Manchester and its outlying moors provide a somber backdrop to the action. Inspector Martineau (Stanley Baker) suspects that the escaped thief, Don Starling ([[Performer~P206622~John Crawford~johncrawford]]) is going to return to Manchester to retrieve a cache of...more
All Hell Is a City cast + crew photos
Movies.com, the ultimate source for everything movies, is your destination for new movie trailers, reviews, photos, times, tickets + more! Stay in the know with the latest movie news and cast interviews at Movies.com.


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This is a great way to use up left over Chile Verde Con Cerdo (Green Chili With Pork). Try a combination of the meats suggested or just chose one of them. Make this casserole lasagna style.
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smoked beef sausage
Getting dinner on the table just got a whole lot easier.


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V. Stiviano says Los Angeles Clippers owner Donald Sterling is confused and traumatized after the NBA banned him for life for racist statements he made during a recorded conversation with her.
Stiviano told Barbara Walters on ABC's "20/20" that Sterling feels alone and not supported by those around him, but added that he should "absolutely" apologize for telling her to not post online photos of herself with black people, including basketball great Magic Johnson.
The recording, which an attorney for Stiviano said was leaked by a third party, led to public outcry across the country and sponsors to drop the Clippers.
On Tuesday, NBA Commissioner Adam Silver banned Sterling for life, fined him $2.5 million and urged league owners to force him to sell the team.
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Business Hotel Yoshizumi Shinkan
No availability found through our partners. Please contact the business directly or check some of our recommended alternatives.
Travel Blogs from Hakodate
Hakodate - day and night
... in 1910), Russian Orthodox church )
Also went to the Red Brick Warehouse area. Built just after 1907 and now home to up market shops ( with up market prices), galleries and food places. Shops pretty good. I am continually amazed at the packaging and presentation of all the stuff that is sold.
But all of that was after a visit to the "morning market". It is mainly a seafood market but it's more than just "wholesale" selling of ...
Yesterday was the first full day of our cruise, we explored the ship and tried to get our bearings. Our cabin is quite roomy with plenty of space to putt things. Today we have pulled into the port of Hakodate, and we have come ashore to wonder around and check things out. A very old quite city compared to Tokyo. The first place we checked out was the markets (mainly fish) we ...
Snow and surf: a good train trip
... on stools so that you still had a pretty good view. The cable cars themselves were very big. No seats everyone stood and on the way down we were really packed in. Someone in our group thought that each car could take 120 people but we don't know if that is true. Whatever the number, it was a lot. Dinner had been booked at the ryokan for 7:30 pm. We didn't change for dinner as we couldn't because apart from nightwear and toothbrushes all our stuff was ...
Hakodate Weekend
Another great SUNs (Single & Unaccompanied NCOs) Trip! This trip was originally called "Man vs. Food & Wild Snowmobiling Excursion", but after a less than stellar review of the 2 Foot Tall "Mt. Hakodate Burger", the food only became a challenge if you were not a seafood lover. ...but more of that later.
We started off departing from the standard "behind the Library" location ...
Rain won't spoil the fun
... 15px; ">In the afternoon i walked around the old brick warehouses, the old town hall and the pretty streets and shops.
Then onto some planning for the next move and goodbye Hokkaido
TripAdvisor Reviews Business Hotel Yoshizumi Shinkan Hakodate
Other places to stay in Hakodate
Loisir Hotel HakodateHakodate Station, Hakodate | 3 star hotelfrom $59
Comfort Hotel HakodateHakodate Station, Hakodate | 3 star hotelfrom $59
Hakodate rich hotel Goryokaku35-3 Goryoukaku-cho, Hakodate | 3 star hotelfrom $48
Hakodate Grand Hotel22-15 Horaicho, Hakodate | 3 star hotelfrom $45
Hotel Resol HakodateHakodate Station, Hakodate | 3 star hotelfrom $59
La Vista Hakodate Bay12-6 Toyokawacho, Hakodate | 5 star hotelfrom $139
Hakodate Kokusai Hotel5-10 Ote-machi, Hakodate | Hotelfrom $66
Yunokawa Prince NagisateiYunokawa Onsen, Hakodate | Hotelfrom $277
Smile Hotel HakodateHakodate Station, Hakodate | Hotelfrom $43
Route Inn Grantia Hakodate EkimaeHakodate Station, Hakodate | 4 star hotelfrom $67
Toyoko Inn Hakodate-ekimae Asaichi22-7 Otemachi, Hakodate | Hotelfrom $65
Banso HotelYunokawa Onsen, Hakodate | Hotelfrom $81
Hakodate Danshaku Club22-10 Otemachi, Hakodate | 4 star hotelfrom $196
Hotel Nets Hakodate26-17 Honcho, Hakodate | 4 star hotelfrom $61
Hotel Hokke Club Hakodate27-1 Honcho, Hakodate | Hotelfrom $63
Hanabishi HotelYunokawa Onsen, Hakodate | Hotelfrom $135
Yunohama HotelYunokawa Onsen, Hakodate | Hotelfrom $104
Dormy Inn Express Hakodate Goryoukaku29-26 Honcho, Hakodate | 3 star hotelfrom $68
Hotel Chocolat Hakodate1-1 Otemachi, Hakodate | Hotelfrom $58
Super Hotel HakodateHakodate Station, Hakodate | Hotelfrom $55
IMAGINE HOTEL & RESORTYunokawa Onsen, Hakodate | Hotelfrom $142
Hotel Grantia Hakodate Goryokaku11-10 Honcho, Hakodate | 4 star hotelfrom $90
Toyoko Inn Hakodate DaimonHakodate Station, Hakodate | Hotelfrom $63
Heiseikan KaiyoteiYunokawa Onsen, Hakodate | Hotelfrom $156
Hotel Kikuya HakodateHakodate Station, Hakodate | Hotelfrom $48
Chikuba ShinyoteiYunokawa Onsen, Hakodate | Hotelfrom $291


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Recent News
Recent Stories
- Concussions in Soccer: What Coaches Need to Know | Sep 2, 2014
Tennessee Soccer Club: How Parents Can Be Mentally Tough | Sep 2, 2014
posted on: 9/2/14 | author: Tennessee Soccer Club
Kevin Burk, executive director for the Tennessee Soccer Club (TSC), contributed the following article for NSCAA.com to share with the NSCAA coaching community. TSC joined as the NSCAA's 75th Member Club earlier this year...+ More
- 2013-14 NSCAA Boys High School Scholar All-East Region | Aug 29, 2014
- 2013-14 NSCAA Boys High School Scholar All-South Region | Aug 29, 2014
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- 2013-14 NSCAA Boys High School Scholar All-West Region | Aug 29, 2014
- 2013-14 NSCAA Girls High School Scholar All-East Region | Aug 29, 2014
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- 2013-14 NSCAA Girls High School Scholar All-West Region | Aug 29, 2014
- From FieldTurf:Two-Touch Pass Soccer Training with Mike Sorber | Aug 28, 2014
- "For the Love of Our Game" in the City of Brotherly Love: The 2015 NSCAA Convention | Aug 28, 2014
- Coach Development and the DOC's Role in the Process | Aug 26, 2014
BU's Brown Advises to be S.M.A.R.T. When Goal Setting | Aug 25, 2014
posted on: 8/25/14 | author: Casey Brown, Boston University
Are your or your players' goals S.M.A.R.T.? Boston University assistant women's coach Casey Brown presents her thoughts on goal setting in the fifth video of a six-part series on the components of training a next-level female soccer player...+ More
NSCAA CEO Joe Cummings Featured in "Cut 2 the Chase" Podcast | Aug 22, 2014
posted on: 8/22/14 | author:
Available on the NSCAA podcast landing page is a "Cut 2 the Chase" episode featuring NSCAA CEO Joe Cummings discussing leadership and the direction of the World's Largest Soccer Coaches Organization...+ More
- Team Notebooks: Writing to the Next Level by Dr. Rich Kent | Aug 21, 2014
MaxPreps, NSCAA Begins Player of the Week Program | Aug 21, 2014
posted on: 8/21/14 | author:
The National Soccer Coaches Association of America and MaxPreps.com, the online high school sports leader and a CBSSports.com site, are expanding their partnership in 2014 to include a State Player of the Week program...+ More
- Help Your Players Get Quicker with "Speed of Play" Articles in Resource Library | Aug 20, 2014
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John Mulholland: CoachFX, Tactx, and The Future Game | Aug 14, 2014
posted on: 8/14/14 | author: John Mulholland
CoachFX™ has the most advanced analysis tools allowing you and your players to analyze the game in a way that reinforces learning. The software empowers your coaching -- create the picture for your players, share it with your audience, win with confidence...+ More
Sports Path Provides World Cup Technical Report | Aug 13, 2014
posted on: 8/13/14 | author: Robin Russell, SportsPath
Every four years the World CupTM provides an opportunity to enjoy wall-to-wall soccer almost every day, but also an opportunity for coaches to analyze the best players and the best International teams in a very short period of time...+ More
Molly Dreska: A Journey Through Soccer... Part 2 | Aug 13, 2014
posted on: 8/13/14 | author:
Past NSCAA intern and current Sporting Kansas City Communications Coordinator, Molly Dreska, talks about her journey from a collegiate player with dreams of playing professionally, to the NSCAA, to becoming a staff member with Sporting KC, and back realizing those...+ More
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posted on: 8/12/14 | author: NSCAA
Many coaches will agree that team chemistry and a sense of community has an impact in the performance of their players on the field. The way players resolve conflict, view each other, and view their role on the team translates adds into the success or failure of the...+ More
- NSCAA Accepting Nominations for Secretary on Board of Directors | Aug 11, 2014


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100 years of the T-shirt
Seems hard to believe something as ubiquitous as the T-shirt was ever . . . new. But that's what it was back in 1913, when the U.S. Navy ordered them for sailors to wear under their uniforms. To celebrate the fashion staple's 100th birthday, we've gathered a quick look at its history and some classic and not-so-classic tees to keep you cool the rest of the summer.
Hangin' in the Hamptons: August 10 Roosevelt Field dining options 100 things every kid should do on LI 25 fine dining reviews, from Italian to sushi 10 fun things to buy for back to school The 10 best steak houses on Long Island 15 stylish backpack alternatives 10 big back-to-school sales 40 educational toys for kids Dining at Walt Whitman Shops 25 Cheap Eats to try on LI 42 recent restaurant closures on LI


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New England Patriots cornerback Aqib Talib is set to become a free agent in March, which means the Patriots may need to open up their checkbook if they want to keep their top cornerback on the roster.
While Talib has been slowed down by injuries, he remains when of the top corners in the league when healthy and his presence in the Patriots defensive backfield is a huge boost.
With free agency looming, ESPN Boston is reporting that there is mutual interest between the Patriots and Talib, which is obviously a good sign for those who are hoping to see him back with the organization next year.
At just 28 years old, Talib still has plenty of football left to play and he has deserved a big deal.
There is no doubt that the Patriots will have competition when it comes to re-signing Talib, but if the mutual interest is there they will find a way to get the deal done.


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GLENPOOL — The Poteau Pirates wrestling team suffered a season-opening 57-27 loss to the Glenpool Warriors Thursday night.
The Pirates (0-1) won four matches, three of which were by pinfalls from Devin Anderson (113 pounds), Tyler Tustin (132) and Kyle Kingery (152). Poteau's other win came in a 5-1 decision by Khy Mote at 160 pounds.
There was a double forfeit at 106 pounds, and the Warriors got a forfeited win at 126 as well as won seven of the other eight matches by pin and a 7-2 decision atr 171 pounds.
PANAMA — The Pocola Indians lost their high school football game to the archrival Panama Razorbacks this past season. So, they got a little revenge for that Thursday night as they handled the Razorbacks 75-50 at the Panama Gym.
Spiro 65, Heavener 45: In Spiro, the Bulldogs (1-0) led 17-15 after one period and 28-25 at halftime, but they took control in the third quarter with a 20-7 period to take a 48-32 advantage into the final period.
Leflore 84, McCurtain 65: In McCurtain, the win improved the Savages to 6-1 on the season.
SPIRO — The Spiro Lady Bulldogs began their 2011-12 season in fine fashion with a 52-37 victory over the Heavener Lady Wolves Thursday night at the Spiro Gym.
Pocola 48, Panama 46: In Panama, the Lady Indians (1-1) got their first win of the season as well as for new Coach Carrie Covey, but they had to do it the hard way.
Bokoshe 36, Keota 34: In Bokoshe, the Lady Lions jumped out to a 15-4 lead after one period, but the Lady Tigers (4-0) outscored them 20-2 in the second quarter to take a 24-17 halftime lead.
The Oklahoma State University 2011 Christmas Baseball Camps will be this month at Allie P. Reynolds Stadium in Stillwater.
The 2011 Cowboy Youth Christmas Camp Sessions for those who are in grades two through eight will be 10 a.m. to 5 p.m. next Saturday for the first session, and the same time for the second session on Dec. 11.
Registration will begin at 9 a.m. both days. The camp cost is $200.
The 2011 Cowboy High School Christmas Hitting Camp will be 10 a.m. to 5 p.m. Dec. 17, while the Christmas Pitching Camp will be from 10 a.m. to 5 p.m. Dec. 18.
Game Time Location
Whitesboro vs. Haileyville 4 p.m. EOSC
Bokoshe vs. Battiest 5:20 p.m. EOSC
Cameron vs. Red Oak 8 p.m. Red Oak
Bokoshe vs. Panola 8 p.m. EOSC
Bokoshe vs. Red Oak JV 6:30 p.m. Wilburton H.S.
Whitesboro vs. Clayton 5:20 p.m. EOSC
Bokoshe vs. Cameron 8 p.m. Wilburton H.S.
Cameron vs. Leflore 4 p.m. EOSC
Cameron vs. Panola 5:20 p.m. EOSC
Leflore vs. Battiest 6:30 p.m. Wilburton H.S.
Whitesboro vs. Gans 5:20 p.m. EOSC
Leflore vs. Red Oak 6:40 p.m. EOSC
Most of all the folks who read my stories know I'm Oklahoma Sooner born and bred. When I die, I'll be Sooner dead!
But I met the most interesting person Wednesday. Her name is Jennifer Cunningham, and she is a drug representative for Lilly's, whose main prescription drugs are Cymbalta, Cialis and Axiron.
Jennifer came into my lab, and noticed all the OU memorabilia on the wall, and we started up a conversation.
The Poteau Pirates freshmen basketball team fought and scraped for three quarters only to see the much larger Muldrow Bulldogs power through the fourth quarter and defeat the Pirates by the score of 36-27 in the consolation semifinals of the Poteau Freshmen Tournament at Sherman Floyd Fieldhouse.
The Bulldogs will face Sallisaw in Saturday's consolation championship at noon Saturday. The Black Diamonds defeated the Stigler Panthers 44-23 in Wednesday's final boys consolation semifinal.
VAN BUREN, Ark. — The Poteau Pirates basketball team suffered its second straight loss to begin the season Wednesday night as the Pirates lost 57-36 to Morrilton, Ark., in the consolation semifinals of the Citizens Bank Classic.
The Pirates (0-2) will play Farmington, Ark., which lost 57-37 to Greenwood, Ark., in the other consolation semifinal, at 11:30 a.m. Saturday for seventh place.
The Poteau Lady Pirates (0-1), who got a bye into Saturday's consolation championship, will meet Springdale, Ark., which defeated Gentry, Ark., 59-40 on Wednesday, at 1 p.m. right after the Pirates play.
On Nov. 20, I woke up to 40-degree weather, and I am ready to run 26.2 miles in the rolling hills of Tulsa. The wind was around 10 to 15 mph, but, compared to last year's Tulsa Marathon, the weather was perfect.
Poteau High School history teacher Tom Brennan saw me at the starting line and said, "When I left Poteau, it was 65 degrees. (I'm) glad we are in Tulsa running in 40-degree weather today."
Kansas City Chiefs
Jacksonville Jaguars
St. Louis Cardinals
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TV Info
CategoryTV Series
Starring :Tom Mison, Nicole Beharie, Katia Winter, Orlando Jones, John Cho, Clancy Brown
Ichabod Learns About Banking in New 'Sleepy Hollow' ClipAugust 01, 2014 03:08:58
"Sleepy Hollow", which will return in the fall, has teased the series with another clip. In a short video entitled "Savings & Loan", Ichabod Crane learns about banking as he joins Lt. Abbie Mills in a bank and has a funny incident with a pen.
Ichabod, who is pulled from two and a half centuries through time, looks confused as he pulls a pen from its holder. He then asks an approaching staffer, "People entrust the bank with their fortunes, but they can't be trusted with a simple ink well?" only to receive an explanation about credit card.
First Promo for 'Sleepy Hollow' Season 2 UnleashedJuly 10, 2014 01:07:23
"Sleepy Hollow" is not returning until this fall, but what to expect in the upcoming season has been teased in a promo video. The video doesn't reveal much, but hints that fans can anticipate all-out fight scenes in season 2 as War is unleashed in the town. Ichabod and Abbie, however, will recover quickly from their states in the season 1 finale to stop the mayhem.
The hit drama will return Monday, September 22 at 9 P.M. on FOX. Fans can expect to get more sneak peeks at the second season during the show's panel at San Diego Comic-Con on Friday, July 25 at 5:45-6:45 P.M. in Room 6BCF.
'Sleepy Hollow' Casts Ichabod's Old Flame, 'Daredevil' Finds Matt Murdock's Best FriendJune 27, 2014 01:06:00
Another person from Ichabod Crane's past is coming to "Sleepy Hollow" in season 2. Heather Lind, who plays spy Anna Strong on AMC's "Turn", will guest star as Mary Wells, who is Ichabod's old flame from England.
According to TVLine, Mary seems "pleasant and sweet" at first, but she "has a darker side - and will prove to be flighty, moody and prone to fits of extreme jealousy." The character will debut in the fifth episode of season 2, which will premiere Monday, September 22 at 9/8c on FOX, and the actress will film her scene before she begins the filming of "Turn" second season.
'Sleepy Hollow' Season 2 Gets Premiere DateJune 04, 2014 12:06:06
FOX has set a return date for its hit series "Sleepy Hollow". The supernatural drama will return for its sophomore run beginning September 22. "Hey #SleepyHeads!!! It's official; Sn. 2 will start on Sept. 22nd!!! Mark your calendars!" so read the announcement posted on the official writers' room Twitter.
The network has ordered 18 episodes for the second season of "Sleepy Hollow". The show has been slated to air Monday nights at 10 P.M., being paired with freshman "Gotham", in the fall.
'Sleepy Hollow' Season 2 to Feature New Creature and War's Foot SoldiersMarch 20, 2014 03:03:57
"Sleepy Hollow" won't return until fall, but stars and executive producers of the show have shared tidbits from the upcoming season 2. On a PaleyFest panel Wednesday, March 19, cast members including Tom Mison, Nicole Beharie, Lyndie Greenwood, Orlando Jones and John Cho as well as EPs Alex Kurtzman, Orci, Heather Kadin, Mark Goffman and Len Wiseman talked about what's next on the supernatural drama series.
"With Irving [Jones] incarcerated," there would be someone new "in charge of the law and order in Sleepy Hollow," Goffman said, adding that the new captain in town wouldn't be an ally to Abbie (Beharie) and Ichabod (Mison).
'Sleepy Hollow' Promotes John Noble and Lyndie Greenwood to Series RegularsJanuary 29, 2014 03:01:09
"Sleepy Hollow" has added John Noble and Lyndie Greenwood as its new series regulars in season 2. Both actors, who were initially cast for recurring roles in season 1, have been promoted on the show and will have more permanent roots in the upcoming installment.
Noble appeared in three episodes of the show's inaugural season as Henry Parrish a.k.a. Sin Eater, who's later revealed [SPOILER ALERT!] to be the son of Ichabod and Katrina, Jeremy, and also the Second of the Four Horsemen of the Apocalypse in the season finale.
'Sleepy Hollow' Reveals the Implication of the Shocking Twist for Season 2January 21, 2014 03:01:29
"Sleepy Hollow" wrapped up its first season with some big twists, including the shocking reveal of one character's real identity. In the season finale, it's uncovered that Henry Parrish a.k.a. Sin Eater (John Noble), who had been helping Ichabod (Tom Mison) to break the curse connecting him with the Headless Horseman, is actually the one whose presence he was expecting the least.
[SPOILER ALERT!] Henry turned out to be Ichabod and Katrina's (Katia Winter) son Jeremy, who's also the Second of the Four Horsemen of the Apocalypse: War. Abbie (Nicole Beharie) offered herself to replace Katrina in purgatory as Katrina and Ichabod tried to prevent War from coming, but it was in vain since War had been unearthed ages ago.
'Sleepy Hollow' Finds Ichabod's Father in 'Alias' Alum Victor GarberDecember 03, 2013 11:12:26
Victor Garber returns to television with another father role. The on-screen father of Jennifer Garner's on "Alias" is cast as Ichabod Crane's dad on FOX's new hit series "Sleepy Hollow", TVLine reports.
It's unclear how Ichabod's dad will be brought into the storyline, but Ichabod once mentioned his father when recalling their time together in a November 25 episode. Garber reportedly has signed up to appear in at least one episode of the supernatural drama series.
'Sleepy Hollow' 1.06 Preview Gives First Look at John Noble as Sin EaterOctober 15, 2013 03:10:50
"Sleepy Hollow" welcomes John Noble in its upcoming episode. After casting the "Fringe" alum in September, the show has now teased the veteran actor's appearance in a preview for the sixth episode of its inaugural season.
The sneak peek shows a glimpse of a flashback scene set in 1771. In present-day Sleepy Hollow, the Horseman returns and a war is coming. Crane is abducted and when he's released, he tells Abbie that he has to die to make sure the Horsemen won't return again.
'Sleepy Hollow' Gets Second Season OrderOctober 04, 2013 08:10:18
"Sleepy Hollow" will stay on for a second season. FOX has renewed the rookie series after airing just three episodes, marking the first pick-up for a freshman in this fall season. The show will be back for at least 13 episodes in its second run.
"The show has proven to be a risk well worth taking. It's a conceptual blast unlike anything else on television and it all holds together with inventive writing and a fantastic cast," Fox entertainment chairman Kevin Reilly says in a statement to announce the renewal. "I can't wait for fans to experience what else is in store for this fall and even more of this wild ride into season 2."


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Newb question: A8N32-SLI + EIDE/SATA
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Scion Repair in Lawrenceville
We found 30 Scion service shops and mechanics in Lawrenceville.
4 are RepairPal Certified.
Gunter Automotive Inc
579 Lyle Circle
Lawrenceville, GA 30046Map & directions
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Chinese Software Developer Community Raises FundsFebruary 25, 2013 | Print | Comments | Category: Internet, Software, Telecom & Wireless
CSDN.net, which goes by a few English names including China Software Developer Network, has completed its latest financing project.
Liu Jiang, chief editor of CSDN, confirmed that the company is negotiating financial issues; however, no further details have been officially revealed.
CSDN is rumored to have already gained over USD10 million in new investment at the end of 2012 and the investors included CBC Capital, Intel Capital, and an unnamed investor from the Internet industry. The investments will reportedly arrive in March 2013.
Founded in 1999, CSDN is one of the largest information technology community and service platforms in China. It claims to have 24 million registered members and 500,000 registered enterprises and partners. CSDN owns several developer community websites and its businesses also cover magazine publishing, information technology training, education, and information technology recruitment services. The company plans to launch an IPO between 2015 and 2016.
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Telecom & Wireless


text:
i wanna draw a line over a videocontrol in a canvas.
is it possible?
the following is from web:
How to play video in Canvas(J2ME)
Canvas is low-level API that allows user-defined painting schemes, displayed by Display instance carried by MIDlet. Compared with Form, VideoControl is able to be cast to an Item, then taken by Form. There is no direct association between Player and Canvas. Moreover, VideoControl instance is itself-equipted with a paint layer that sits on top of any layer if configed at final stage. Therefore, Canvas is used to display some control symbols drawn by developers, at somewhere on canvas VideoControl sits on top to display video screen.
in the above content, --> on canvas VideoControl sits on top to display video screen.
so i am not sure i can draw a line over a videocontrol in a canvas.but i hope
my midlet has this function.
any clue?
best regards.
byron lee


text:
Orlando Health nurses rallying for unions
Orlando Business Journal, October 8, 2013
Orlando Health nurses rallyed this morning for unions at Lake Eola, according to a press release from the National Nurses Organizing Committee. According to the release, pay cuts are expected to cause the loss of 90 indirect jobs and have a $12 million economic impact in the community. Orlando Health delayed some of the pay cuts until January, originally announced in early August. Dr. Jamal Hakim is Orlando Health Inc.'s interim CEO after Sherrie Sitarik was ousted by the board Sept. 26.
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A man struggling to escape the political unrest of Northern Ireland finds that his violent past still follows him in this drama. Martin Fallon ([[Performer~P61810~Mickey Rourke~mickeyrourke]]) is a terrorist with the Irish Republican Army who, while attempting to blow up a British military transport, accidentally bombs a bus full of schoolchildren. The incident haunts Fallon, who decides to quit the IRA and escape to London. Fallon wants to relocate to America, but he lacks a passport, and his criminal...more
All A Prayer for the Dying cast + crew photos
Movies.com, the ultimate source for everything movies, is your destination for new movie trailers, reviews, photos, times, tickets + more! Stay in the know with the latest movie news and cast interviews at Movies.com.


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SECURE COMFORT by JOHN-BAKERSFIELD CA on 09/28/2004. Trim: 2005 Volvo XC70 Cross Country, Owned less than 1 year.
Pros: Comfort,Comfort, shure footed solid feel with very reasonable gas mileage.Driven 5000 miles-not a problem,except for the tires.
Cons: The Pirelli tires are a nite mare on grooved roads,otherwise OK.
Overall review: Engineered and built to a worl class standard
Review ID: #449136 Is this review offensive?
Wish My Wife Let Me Drive it More by Mark in Massachusetts on 02/11/2010. Trim: 2005 Volvo XC70 Cross Country, Owned 2 years.
Pros: Great "euro" styling, has decent acceleration and tight handling. Has nice little add-ons like the integrated child booster seats, and the subfloor storage bin in the back. We have not had one single problem with this car since we bought it (used in 08), and the bulletproof inline 5 cylinder engine is great! Why did Audi ever get rid of I5s?
Cons: A bit of a bumpy ride, but then again, the XC is supposed to be a little stiffer and more rugged than the standard V70s. Backseats are cramped for most people (I'm 6'5" and there is no way I can fit back there). Not that great on gas (average about 19.5 mpg) considering its only a 2.5. The passenger "Oh Crap!" handle is in an awkward position next to the shifter (making it fairly useless) and sweats condensation when you warm the car up from freezing (because its metal).
Overall review: Love this car! And my wife likes it even more which is why she gets to drive it every day! An impressive mix of style, performance, and safety that you don't come across very often. I would definately recommend this to family and friends and will most likely buy another Volvo some day.
Review ID: #545445 Is this review offensive?
Great snowbird hauler. by Manitoba snowbird on 02/18/2008. Trim: 2005 Volvo XC70 Cross Country, Owned 3 years.
Pros: Great carrying capacity in a midsized vehicle. Seats are outstanding on long trips.
Cons: Had a problem with audio controls that were fixed under warrenty
Overall review: The XC70 is at the top of my list as a replacement vehicle.
Review ID: #523689 Is this review offensive?
Luxurioius Wagon by Rick from Fair Lawn, NJ on 06/14/2006. Trim: 2005 Volvo XC70 Cross Country, Owned 1 year.
Pros: Safety, styling, convenient cargo area, great acceleration and handling. Overall comfortable seating, plenty of interior driver and passenger room. Also dealing with Volvo dealer is a pleasure.
Cons: Gas milage could be improved. I average about 19-21 mpg. Clock is too much on driver's side; would be better located centered on front panel. There is a hand bar for the passenger on center console that is metal...it gets hot in summer. It should have been wrapped in leather.
Overall review: I really love this car. I've been able to transport huge cargo loads easily. Steering is very responsive; reaction to the accelerator pedal is immediate and the turbocharged engine allows gives additional power when needed. The styling is attractive and the interior is luxurious.
Review ID: #493429 Is this review offensive?
safe family vehicle by An MSN Autos Consumer on 07/26/2005. Trim: 2005 Volvo XC70 Cross Country, Owned less than 1 year.
Pros: safe
Cons: gas mileage
Overall review: excellant buy for family
Review ID: #475016 Is this review offensive?
Information or opinions expressed in these reviews are not endorsed by Microsoft Corporation nor MSN Autos. Have comments about MSN Autos' User Reviews? Send us an email.
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Found the location to be perfect to go see the sites. The rooms were very basic for the price and look a lot better in the pictures. Shower is an open shower but seems water has nowhere to go so the floor becomes flooded and stayed flooded. Avoid the mini bar as city tax will be added. Good choice at... More
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Chicago Startup Weekend Kickoff Party 11/14/2013
UP Global
Thursday, November 14, 2013 from 7:00 PM to 9:00 PM (CST)
Chicago, IL
Who's Going
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Sara Haughty
San Francisco, California
San Francisco, California
Luke Picard
London, United Kingdom
London, United Kingdom
Rick Vespucio
Florence, Italy
Florence, Italy
Event Details
Come socialize with us (free drinks involved) on Thursday, November 14th, 7 – 9pm at Mobile Makers Academy. Admission is free for all Startup Weekend attendees, alumni, and the general public.
What better way to celebrate Chicago's startup successes and the future of entrepreneurship in the Windy City than with a cocktail party! This year's "Chicago Startup Weekend Stories" event is presented by Mobile Makers Academy, and will feature influential entrepreneurial leaders from within the startup community.
This is a kickoff party for the Chicago Startup Weekend November event. Details and registration for that event can be found at http://chicago.startupweekend.org/
Have questions about Chicago Startup Weekend Kickoff Party 11/14/2013? Contact UP Global
When & Where
Mobile Makers Academy
223 W Erie
Suite 4NW
Thursday, November 14, 2013 from 7:00 PM to 9:00 PM (CST)
Add to my calendar
UP Global
UP Global is a non-profit dedicated to fostering entrepreneurship, grassroots leadership, and strong communities. UP Global is on a mission to make the world a more innovative and prosperous place, one community at a time. We believe that entrepreneurs are critical to driving a strong global economy and a better world. We do our part by supporting the grassroots leaders who are at the core of every strong entrepreneurial community. Through the efforts of its grassroots community leaders, UP Global operates programs that foster entrepreneurship in hundreds of cities across the world. UP Global's flagship programs & initatives include Startup Weekend, Startup Digest, Startup Next, Startup Education, and Entrepreneurs Across Borders.


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Smooth Sips for Your Lips
5501 Clairemont Mesa Boulevard
San Diego 92117
United States
A vegetarian favorite, this upbeat fusion restaurant provides a wide variety of organic dishes. Located in Clairemont Mesa, where lively Chinese, Vietnamese, and Indian communities are nearby, many of the dishes show Asian roots. Their "bowlz" are especially popular and riff on the noodle bowls of Japan and elsewhere. The family dinners read like Chinese family-style dinners everywhere, but even if the menu says "peppered pork," it's actually a soy-based mock meat though many may not even notice the difference. Most dishes are vegan but ask to be sure. -deTraci Regula
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Cutrupi, Rose L. Rose L. Cutrupi, beloved wife of the late Francis S. Cutrupi, Sr., was called to eternal rest on August 4th. Predeceased by her sons, Paul S. Cutrupi & Francis S. Cutrupi Jr., Rose is survived her children, Maria (James) DiLeo,...
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