Archive for 2009

EXPLAINING MONEY to kids.

THE COUNTRY’S IN THE VERY BEST OF HANDS: AIG CEO Robert Benmosche Tells Board He Wants to Quit. “The CEO is chafing under constraints imposed by AIG’s government overseers, in particular a recent compensation review by Kenneth Feinberg, the special master on pay in U.S. President Barack Obama’s administration, according to the people.”

MSNBC: Official: Obama Rejects War Options. “President Barack Obama does not plan to accept any of the Afghanistan war options presented by his national security team, pushing instead for revisions to clarify how and when U.S. troops would turn over responsibility to the Afghan government, a senior administration official said Wednesday. ”

UPDATE: Reader C.J. Burch emails: “LBJ redux.”

CLOSE CALL: “Although no one noticed at the time, the Earth was almost hit by an asteroid last Friday. The previously undiscovered asteroid came within 8,700miles of Earth but astronomers noticed it only 15 hours before it made its closest approach. Its orbit brought it 30 times nearer than the Moon, which is 250,000 miles away.”

DESTROYING MANUFACTURING?

Emerson Electric Co. Chief Executive Officer David Farr said the U.S. government is hurting manufacturers with regulation and taxes and his company will continue to focus on growth overseas.

“Washington is doing everything in their manpower, capability, to destroy U.S. manufacturing,” Farr said today in Chicago at a Baird Industrial Outlook conference. “Cap and trade, medical reform, labor rules.” . . . Farr, in his presentation, also said manufacturers are being hurt by taxes and regulation. He said companies will create jobs in India and China, “places where people want the products and where the governments welcome you to actually do something.”

Read the whole thing.

MIND? “Everything is melting in the mind of Edroso.”

HERE’S ANOTHER REVIEW of Call of Duty: Modern Warfare 2. And note how much bigger video games are than movies, nowadays: “Analysts expect Modern Warfare 2’s first week sales to breach $500 million. To provide perspective, The Dark Knight made $155.34 opening weekend. A movie ticket is certainly cheaper than a video game, but half a billion dollars, any way you spin it, screams mainstream hit.”

PHYLLIS CHESLER: Talking ‘Bout Ft. Hood Terrorism on CNN:Pajamas Media vs. Nation Magazine. And being well-received. “Last night I was on the Lou Dobbs show on CNN to talk about whether the Fort Hood massacre was or was not a terrorist attack. . . . Trust me: This is unusual. And last night, as I was leaving CNN’s very spiffy headquarters in NYC, a tall and handsome CNN man stopped me and said: ‘You spoke very well. Thank you.’ The guest who followed me said, ‘I agree with you.’ Folks: I am talking about CNN not FOX. I think, maybe, perhaps, possibly, my God, if not now when, that things might be beginning to change.”

UPDATE: Got in just under the wire on that Lou Dobbs Show thing. . . .

HUMAN MIGRATION SAVED by wet spells in the Sahara? “According to new evidence, water-dependent trees and shrubs grew there between 120,000 and 45,000 years ago. This suggests that changes in the weather helped early humans cross the desert on their way out of Africa.”

TALKING ABOUT PRESSURE COOKERS. I had some posts on the subject a while back, here and here. With the cold weather, it’s about time for me to get mine out again.