The pom pom brigade is trying to talk "the" economy up. Party like it's 2006! In the stenography, this little gem:
Consumers, whose sharp cutbacks in spending plunged the country into a steep economic tailspin at the end of last year, seem to be gradually spending more freely.
Oh, consumers caused the tailspin. Not the banksters who inflated the bubble, which burst, and then orchestrated the largest transfer of wealth in American history. The consumers. Read more about Why oh why can't we have a better press corps?
The star salesperson for Zales at the Woodbury Common Premium outlets was fired after she notified her boss that she would need immediate heart surgery. Via the Times-Herald Record:
In November, the diminutive grandmother with an Italian accent was flown to Dallas, home of Zales' headquarters, where she was honored with a 1-carat diamond necklace for making $1 million in sales last year.
Obama's going to take a meeting Friday on the bank stress tests. Please, can we have Ari Fleischer back?
[Obama flak] Gibbs said he did not know how the government plans to publicly disclose the [stress tests] results. But he said, "I think the administration believes it's important that there be some transparency [like "some" virginity?] around that."
Because I prefer people who are supposed to be on my side not to shit me.
AP Photo: Nick Ut
There's a clock keeping up with the number of people drunk drivers have killed so far in the US this year. At the time of this writing it's over 3500. This young lady was one of them:
Read more about A Moment's Remembrance, Please: 3500 Americans, and counting
Have them go out of business.
From Calculated Risk yesterday, we have this chart:
I leave it up to others to conclude whether that is good or bad. Read more about One way to get rid of them evil chain stores
The reason the New York Times is around to do "earned" media is because they make revenues off of "paid" media. Everyone understands that, it's just how business works in a capitalist system. And if you look at an advertising campaign for Toyota or Dove or Marlboro, they devote an increasing percentage of each campaign to online advertising. So it's not like we're asking anyone to participate in a system that has no benefit to them as advertisers.
I know, I know. Slap me. One more. Reuters:
The state of New Jersey on Tuesday sued Lehman Brothers (LEHMQ.PK) executives and directors for "fraud and misrepresentation," Gov. Jon Corzine said, seeking to recover the $118 million lost by state pension funds.
New Jersey's Division of Investment bought $182 million of Lehman securities in April and June 2008. The move attracted widespread attention since it was unusual for a U.S. state pension fund to use the same strategy as sovereign wealth funds, hedge funds and private equity groups.
RL calls. In fact, it's screaming. If I start posting again, slap me! (Or send me a message using our keen new private messaging facility, telling me to cease and desist!) Read more about Light posting from me today!
2008, but still good today!
Brad DeLong has, this morning, put up a rather oblique post citing the lyrics of a classic song (Last.fm Chumbawumba song link) about Nedd Ludd. And immediately after, one about Swing. I can hardly imagine the motivation for it at this moment.
Wikipedia has this interesting comment about the Luddites that may put Brad's post into a certain perspective:
Thompson argues that it was the newly-introduced economic system that the Luddites were protesting. For example, the Luddite song, "General Ludd's Triumph":
Athenae over at First Draft pretty much nails Rick Warren's recent comment that he's never ever alone with a woman when he's not at home. But this has been a sort of low-grade, high-yield dirty bomb on a lot of left-blogosphere sites lately, so I thought I'd add my six bits. Read more about Chicken and egg? Religion and inconsideration?