More Cowbell!
On January 20th, 2001 the US inaugurated its first MBA President. The Dow Jones Industrial Average was 10,587.59.
After massive tax cuts to spur investment and 7½ years in office, the Dow Jones Industrial Average closed today at 10,962.54.
The average spot price of a barrel of oil was $23.73 for the week ending January 19th, 2001.
Oil fell $6.44 to settle at $138.74 a barrel today.
July 15, 2008 2 Comments
Prophetic Satire
Over at Conscience of a Liberal, Paul Krugman reminded me of this piece in the ONION from January 17, 2001 – Bush: ‘Our Long National Nightmare Of Peace And Prosperity Is Finally Over’.
It is satire, but it damn sure isn’t funny.
July 15, 2008 8 Comments
Pandering
That is the iconic symbol of The New Yorker. The top-hatted gentleman with the monocle is Eustace Tilley. In Wikipedia’s article on The New Yorker they note that the founder wasn’t a populist:
Harold Ross famously declared in 1925 prospectus for The New Yorker: “It has announced that it is not edited for the old lady in Dubuque.”
The New Yorker is assumed to be a “liberal” magazine, but the only instance of the editors endorsing a candidate was in 2004, and it was in reaction to the mess created by the Hedgemony.
July 15, 2008 24 Comments
Tropical Storm Bertha
Position: 36.8 N 61.6 W. [10 PM CDT] Updated
Movement: Northeast [055°] near 6 mph.
Maximum sustained winds: 65 mph.
Wind Gusts: 75 mph.
Tropical Storm Wind Radius: 140 miles.
Minimum central pressure: 996 mb.
Bertha is currently 360 miles North-Northeast of Bermuda and moving out to open ocean.
Bertha is now the longest lived July tropical storm on record, beating out a storm in 1916.
July 15, 2008 Comments Off on Tropical Storm Bertha
