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Beware, the ever grumpy Mr. Plinkett’s language is often NSFW.
Nice idea that has fail written all over it.
After this Michael Butler decided to defend the boiled peanut. This includes a recipe for boiling peanuts.
It will go down as one of the most painful openings to a political debate in recent memory…
With her hands clasped in front of her, she looked at the camera, then down, possibly at notes, and back up at the camera. She smiled, let out a loud exhale, then resumed her statement with a pronouncement of her record as governor.
“We have, uh, did what was right for Arizona,” Brewer said, using a grammatical misconstruction she uttered twice during the debate.
Then, she bolted from a post-debate question-and-answer session with reporters after refusing to respond to queries about a past statement about bodies supposedly found beheaded in the Arizona desert.
She is leading among Arizona voters by 19%.
Thanks, Sergio
An interesting point made in the full article deals with the lack in confidence in the Fed which prevents them from doing what they could to stimulate the economy. Which means we are screwed. Again.
For simplicity, let’s assume that the Fed’s policy instrument (now that the federal funds rate is stuck near zero) is the 10-year Treasury note. As an example, suppose the yield is 4%. In that case, it’s all but certain that the Fed, if it chooses, can do something to stimulate the economy and raise the inflation rate.
For example, suppose the Fed were to bid the 10-year note yield down from 4% to 1%. It would take out a whole slew of marginal noteholders in the process. Banks that had been satisfied with a 4% return would be unsatisfied with a 1% return and would lend more aggressively. Domestic investors that had been satisfied with a 4% return would be unsatisfied with 1% and would bite the bullet and buy stocks. International investors would be unsatisfied and would shift their investments into foreign assets, thus weakening the dollar and making US products more competitive. Households would refinance their mortgages and spend some portion of the increased cash flow. Others who previously couldn’t afford houses could now afford them, so demand for houses and home furnishings would go up. And so on. With such a huge policy action, it’s virtually certain that business activity would accelerate enough to reverse any deflationary pressure.
Years ago, you couldn’t pick up a computer magazine (remember magazines?) or mainstream newspapers or magazines with an article about computers that didn’t predict what computing would be like in the future. You don’t see too much of that anymore. Here’s an article my brother ran across from eight years ago about where we’d be this year related to processors.
LUCKY PUNTERS WILL BE ABLE TO BUY 15GHZ INTEL CHIPS, containing a billion transistors, by the end of the decade, said Pat Gelsinger, Intel veep and CTO in his keynote at the Intel Developer Forum in Tokyo today. Gelsinger also predicted that PDAs will hit 5GHz in the same timeframe. It’s unlikely the chips will use the existing Pentium 4 architecture which is reckoned to only be good up to around 10GHz.
“You would look at a major micro-architecture like the Pentium 4 and it is typically five to eight years that you would operate on that same micro-architecture until you would introduce a major new one,” Gelsinger told PC Advisor. “So while I expect that timeline to be fairly similar, we have not laid out a specific new major micro-architecture step that we will be taking.
“Desktops today are 75 to 100 watts, and when you go to handheld devices you are typically operating at less than 1 watt,” he added. “Obviously, you are optimising the design for different criteria. So today, if I was going to look at a StrongArm or XScale core, could I create a 2GHz or 3GHz XScale today? Absolutely. Could I do so and deliver the best trade-off of power and performance inside a 1-watt envelope? No. You tend to design the chips differently to live inside different devices.”
Found by Brother Uncle Don
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Sometimes the bickering between various staffers at Cranky Geeks is better than the show. Well, at least from an entertainment perspective. This was from this week’s show which will be posted on this site later.
A shallow-water production rig in the Gulf of Mexico exploded this morning, causing the thirteen crew members aboard to abandon the structure.
Coast Guard rescuers are en route to the scene of the fire, 90 miles south of Vermilion Bay, Coast Guard Petty Officer Bill Colclough said. Twelve of the workers are in immersion suits, designed to protect them from hypothermia. One is reported injured.
Once plucked from the Gulf, the injured will be taken Terrebone General Medical Center in Houma, Colclough said.
A helicopter pilot for a private company named Bristow reported the rig on fire around 9:30 a.m.
The rig is an oil and gas production platform located in 340 feet of water in Vermillion Block 380, according to federal government records. The well was not producing any “product” at the time of the accident, Colclough said.
It is owned by Mariner Energy, headquartered in Houston…According to its website, Mariner is among the largest lease holders on the continental shelf with interests in approximately 240 federal leases and more than 30 state blocks, at year-end 2009…
With all the unwanted attention just starting to wane, members of industry groups were staggered by the latest accident today, even though it was on a much smaller scale and appears to have nothing to do with the deepwater drilling dangers that surrounded the BP incident.
First thoughts, of course, are for the poor buggers in the water. Latest news on TV sounds positive. They have all been rescued.
The crew reported to the Coast Guard that they had initiated shutdown procedures before abandoning the platform. The Coast Guard hasn’t yet succeeded in confirming success of the shutdown.
It’s official, this blog has gone to the dogs.
NEW YORK (AP) – A New York City man who plunged 40 stories from the rooftop of an apartment building has survived after crashing onto a parked car.
Witnesses and police say 22-year-old Thomas Magill jumped from the high-rise at West 63rd Street on Tuesday. He landed in the backseat area of a Dodge Charger after crashing through the windshield. He suffered broken legs. Police say he’s in critical condition.
The car’s owner, Guy McCormack, of Old Bridge, N.J., told the Daily News he’s convinced that rosary beads he kept inside the Dodge saved Magill’s life. Police are investigating why Magill jumped from the building.
Magill isn’t the only New Yorker to survive a high-rise fall. Window washer Alcides Moreno fell 47 stories from the roof of a skyscraper in December 2007, and doctors expected him to walk again.
Are we sure he’s not a cat?
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