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The numbers were underwhelming. Only about 4,000 each in LA and SF, and thousands (not the usual tens of thousands) at the main protest in DC. The SF Chronicle said the turnout was “massive” in SF but then said the march was just three blocks long. Bzzzt. I mentioned that to a friend [...] Who controls the country? The government or Wall Street? That answer will determine the ferocity of the populism. John Robb Viral violence incoming. As this NYTimes article points out, the public is actively targeting AIG execs. Death threats have resulted in armed guards posted at the company’s offices and at executive mansions. The Big [...] Obama has announced $2.4 billion in grants to develop EVs, their batteries, and the infrastructure to handle it, welcome news indeed. This includes The Department of Energy is offering up to $1.5 billion in grants to U.S. based manufacturers to produce these highly efficient batteries and their components. The Department of Energy is offering up [...] Bottom Line: Landscaping is using 50-70 percent of [California] potable water. Since water is for people (not lawns), luxury landscapes should come with luxury water bills! Better yet, governments should encourage and perhaps mandate the use of drought resistant lawns and landscapes. Having lush lawns of green grass in semi-arid or desert areas, especially [...] Here’s Hank Morris (no relation!) doing his perp walk after being indicted on 123, count ‘em, 123 counts relating to taking multi-million dollar kickbacks from those wanting to manage money for the New York State pension fund. AG Cuomo says further indictments are coming, so we can look forward to more exciting perp walks. [...] Virent Energy Systems plans to open a test facility that will convert sugar cane, sugar beets, and other plants into the chemical equivalent of gasoline (not ethanol.) Their CEO said “The molecules we make are exactly the same as the ones that you use to drive vehicles today. It just so happens that ours [...] B of NY economist sees recession ending this summer (“Mr. Perkypants” is what Sue called me after one of my unfortunate bursts of optimism amidst the gloom and doom) Former big dog lawyer Marc Dreier is now expected to plead guilty to money laundering and selling $700 million in fraudulent securities to investors. These weren’t little investors either but rather big pension funds and the like. How much more criminality in high financial places remains to be uncovered? And where did all the money [...] AK-47 Asymptotic Life on the rush to buy assault weapons (because gun owners are afraid Obama might ban them.) My local retailer says industry news sources indicate that over 10 million assault rifles were sold following President Obama’s announcement. That’s one new assault rifle for every 30 Americans. That’s not as scary as it [...] Have class differences in the US ever been more obvious than they are now? All of which gives lie to the weary conceit that there are no classes in the US. |
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