Tuesday, January 04, 2011

Sailing. Takes Me Away....

Very cool. This will be a site to behold and free seating around the entire bay:

San Francisco selected to host America's Cup:
"Rather than holding the races miles off shore, which was the case in Valencia and in Newport, where the Cup was held from 1930 to 1983, San Francisco Bay offers a natural amphitheater. Spectators in Financial District high rises, along Crissy Field, on Angel Island and in the Marin Headlands will be able to view the action."
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An excellent economic read for those of us who need economic info to be simplified. Extremely comprehensive.

Daily Kos: Why the rich get richer and poor get poorer

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Obama is gonna hire his next chief of staff from JPMorgan. You tell me if Obama will stand up to The Big Lie. Hard to stand up to something when you are behind pushing it.

Robert Reich: The Big Lie:
"The truth is our economic problems stem from the biggest concentration of income and wealth at the top since 1928, combined with stagnant incomes for most of the rest of us. The result: Americans no longer have the purchasing power to keep the economy going at full capacity. Since the debt bubble burst, most Americans have had to reduce their spending; they need to repay their debts, can't borrow as before, and must save for retirement.

The short-term solution is for government to counteract this shortfall by spending more, not less. The long-term solution is to spread the benefits of economic growth more widely (for example, through a more progressive income tax, a larger EITC, an exemption on the first $20K of income from payroll taxes and application of payroll taxes to incomes over $250K, stronger unions, and more and better investments in education and infrastructure.)

But instead of telling the truth, Obama has legitimized the Big Lie by freezing non-defense discretionary spending, freezing federal pay, touting his deficit commission co-chairs' recommended $3 of spending cuts for every dollar of tax increase, and agreeing to extending the Bush tax cuts for the wealthy.

Will Obama stand up to the Big Lie? Will he use his State of the Union address to rebut it and tell the truth? Maybe, but so far there's no evidence."
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"We like everything convenient". Even our orgasms.

Alabama Sex Toy Drive-Thru Business on the Rise - CBS News:
"'It's been doing well, and really well on nights when it's cold or rainy,' said employee Toni Kennedy. 'Discretion and the ease of it are big, and convenience. We're Americans. We like everything convenient.'"
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