Monthly Archives: October 2009

LA bans digital billboards – according to the LA Times, a judge says he will invalidate the settlement between the city and CBS and Clear Channel that permitted the conversion to the digital technology.

NY Times story The Velib lesson – there is an old Conservative truism regarding socialism “when everyone owns everything, nobody takes care of anything”. The NY Times carries the story of how 80% of Paris’s bicycle rental fleet have been … Continue reading →

FDIC Friday closes 9 banks this week – John Batchelor has thrown out the number before that there are probably 700 “zombie” banks that the FDIC needs to seize, but they can only do a few a week… (and they’re … Continue reading →

CIT is expected to file its prepackaged bankruptcy on Sunday according to sources, now that Carh Icahn and Goldman Sachs have come to terms.

Dede Scozzafava suspends her campaign and withdraws… if the name doesn’t ring a bell, she is running for the US House seat in New York vacated by John McHugh who President Obama named to be Secretary of the Army. This … Continue reading →

Health Insurance debate – it’s interesting how with all the talk about health care, we are fighting over insurance – not over how how care is provided… how much of existing care could be done by nurse practitioners, physician assistants, … Continue reading →

James Dobson will be leaving Focus on the Family broadcasts in February 2010. It’s hard to magine the show without him

Cement is the #3 cause of CO2 emissions in the United States. Making cement releases huge quantities of CO2 – roughly 1 ton of Carbon for every ton of cement Using CO2 from power plants to make cement

Wondeboy Tim Geithner declares that commercial real estate losses are not a problem for banks. In unrelated news, Citigroup stock plummeted after an analyst reported an anticipated $10 billion writedown of assets In other unrelated news, life insurance companies MetLife … Continue reading →

Carl Icahn gives up on CIT – Icahn has announced he will support the prepackaged bankruptcy rather than try to save the company. Goldman Sachs has announced they’ll settle for $238 million instead of $1 billion if CIT goes Chapter … Continue reading →

NY Times does Ayn Rand – this book review starts by identifying her as a libertarian , then connects her to Conservatives and Republicans. The “book review” never actually reviews the book, just recites Ayn Rand’s dirty laundry. Has the … Continue reading →

Phil Hendrie is “bacK” – in the sense he has fully returned to his old format with all of his regular guests, rather than Phil talking seriously about politics. The callers who don’t get the show are back :)

Genetically pure Colorado River Cutthroat Trout on the Roan plateau – that’s the NY Times video feature for today. The NY Times makes the case that we need to preserve the livelihood of a guy who works as a guide … Continue reading →

Are you worth $16.5 million? That’s the verdict in the case of the woman who died after competing in a radio station’s water drinking contest and dying of water intoxication.

Problem solved – according to Bloomberg, the Fed is going to end its purchase of US Treasury debt, since the US housing market has turned around and the economy is doing so well.