I think it's safe to say that for most folks, "recession" means, essentially, "the economy really sucks, and has/will for a while."
So, anyway, yes: "...unending 9.0%+ unemployment is horrible and requires an appropriate policy response. The point is we never got out of the last recession, and whether GDP growth is barely positive or barely negative doesn't matter all that much."
Simple Kneads, via FB: "A miracle has almost occurred.Thank You!"
I like the way people are contributing ideas on the page, e.g., "go co-op. Sell shares" and "These cryptic messages make it hard to help you--let us know what we can do, and what exactly you need. You have fans, but you need to ask directly for what you want (esp. if it is bigger than buying a loaf of bread.)"
Lots of places to get a good BLT, including my kitchen. I'd like to try one from each place on Bailey's list in the August/Sept O. Henry, but I'd be surprised if they're all better than the BLT at Smith Street Diner.
Employment at the FedEx Corp. cargo hub, touted by economic developers as the linchpin for the region’s long-term vitality, remains stuck at between 200 and 250 workers more than two years after the facility opened.
Eventual growth is still projected, but for the moment residents of the noise cone can still get a good night's sleep.
Blogs have unleashed an actual liberal media movement in this country (as opposed to the tame, establishmentarian, socially-liberal-if-there's-a-buck-in-it corporate media), and guess who doesn't like it.
One could quibble that Dave is overweighting the results from Iowa (and one could respond to oneself that Iowa made Bachmann and undid Pawlenty), but he's got a point about the way Ron Paul has been photoshopped out of the picture.
For a generation or more, the Wall Street wing of the GOP has played social conservatives like a fiddle, trading rhetoric for votes while looting a country that continues to slouch toward Gomorrah (note: I bought my own ticket for Gomorrah long ago).
But the money boys are riding the tiger, and the tiger is starting to say crazy things about the delicious taste of money boys: "The flap has made clear that the central bank is now a political issue for 2012, and that has many in the investor class nervous."
Marikay Abuzuaiter said from the floor at tonight's Council meeting that emails to the City are running 9-1 against reopening the White Street landfill.
The ratio of speakers in opposition to those in favor tonight was much higher than that. In fact, if there was one in favor, I missed it.
People from across the city (including one in absentia) asked the Council at the least to move more slowly and conduct a more thorough and transparent process. An attorney said regulators will not allow long-term expansion of the site. Questions were raised about the use of private contractors to run the dump, and the uncounted costs of reopening it.
TDBS pointed out that the new RFP has been percolating for all of a week.
The Mayor tells the people who just told him they're concerned not to be concerned, based on his conversations with people in Winston-Salem and Wake County.
Trudy Wade moves to approve a Gate City Waste Services, for only City waste.
Jim Kee says the landfill Knight mentioned in Raleigh is closed. Speaks well at length. Tells the crowd it's not over.
Perkins says he finds it incredible that a vote is being considered after all those eloquent words from the floor. Asks if thought, preparation, and process have been adequate. Says the outcome has been manipulated. "Appalling." Postpone, do research, look into cost savings from other options. What we're doing is the worst-case scenario, using all capacity with no further plan in place.
TDBS motion to table for 90 days, we need to know why third-cheapest bidder is getting the nod.
Thompson: Under scenario proposed by Wade -- City only trash -- GCWS is actually second-cheapest.
Perkins: Need an explanation for that vendor, or will vote to postpone and and investigate.
Motion to postpone fails 3-4.
TDBS asks, don't we usually look at lowest responsible bid.
Manager says evaluation includes more than price.
TDBS says, are we in a position to vote without knowing what went into that decision?
Wade's motion passes 4-3.
Earlier, the full Council unanimously voted to grant incentives to HondaJet. That was a nice moment, but it didn't last long.
A high-profile parliamentary panel investigating phone hacking at Rupert Murdoch’s now-defunct News of the World tabloid released embarrassing new evidence Tuesday that the practice of intercepting voice mail had been widely discussed at the newspaper, contradicting assertions by its owners and editors.
N&R picked this up recently: "[T]here may be no such thing as a hypoallergenic canine."
I was just telling my new office neighbor that I have doubts about the hypoallergenicity of any dog, including the Portuguese Water Dog over which we were conversing, not least because their environmental impact is not limited to their own natural state.
But PWD really don't shed, and that must make a difference.
Whatever the political viability, [Buffett's] proposal would put a significant dent in the nation’s budget shortfall. Based on projections by the Joint Committee on Taxation, the Congressional Budget Office and the Treasury, the tax increase on all three fronts would generate as much as $500 billion in new revenue over the next decade — about a third of what the Congressional committee is supposed to cut from the deficit.
Buffett, along with fellow travelers like Bill Gates, wants to shore up and maintain the system in which hard work and talent can reap such huge rewards. I heard cries of "class warfare" in response to Buffett's column, but it seems like enlightened self-interest and patriotism to me.
Seriously, dude whistled Dixie. From across the street, I tried to squelch my yelp, but I was too stoked to muffle it completely. Hey, it ain’t everyday a person of interest wanders into the center of your screen and gives an old story new legs...
Lenslinger points his rolling logo northward to Reidsville to cover the latest chapter of the Confederate monument saga.
A quick glance at this morning's N&R front page might give you the impression that the historic Temple Emanuel on Greene Street is in danger of being torn down.
Not so. The building is owned by a foundation that maintains it very well and cares deeply about its history and preservation, although, in the spirit of full disclosure, it has been casual enough to include me on its board.
I appreciate the N&R's focus on historic preservation and highlighting of Preservation Greensboro's watch list, and MMB's print-only article discusses, after the jump, the need to focus on Fisher Park's old houses and its legacy as the home of venerable religious institutions, including First Pres, Holy Trinity, and Temple Emanuel, without hinting that any of the big buildings are known to face any sort of imminent danger.
But that front page could scare folks, with a big, above-the-fold hed ("Highlighting Greensboro's Endangered Properties") and a big subhed ("Development, neglect threaten historic buildings") and, along with pics of boarded-up properties and captions discussing plans for demolition, a photo of Temple Emanuel with a caption saying "Several historical properties nearby have been moved or demolished."
Which is true, but which is not about to happen to this one.
The recent report of the Shale Gas Subcommittee of the Secretary of Energy Advisory Board emphasizes the importance of domestic natural gas production, but warns about the dangers of ignoring possible environmental consequences:
There are serious environmental impacts underlying these concerns and these adverse environmental impacts need to be prevented, reduced and, where possible, eliminated as soon as possible. Absent effective control, public opposition will grow, thus putting continued production at risk. Moreover, with anticipated increase in U.S. hydraulically fractured wells, if effective environmental action is not taken today, the potential environmental consequences will grow to a point that the country will be faced a more serious problem. Effective action requires both strong regulation and a shale gas industry in which all participating companies are committed to continuous improvement.
I see fracking as inevitable; I don’t see a way to stop it. The real breakthrough would be if industry were willing to work with the scientific community, which hasn’t been done so far. We were hoping to build those bridges, but it’s tough...
Spectators come to watch the players with local roots. The largest crowd of the summer saw Julius Hodge, the NC State legend, engage Wall in a prolonged matchup, mano a mano...UNC’s P.J. Hairston was spotted icing his wrist at the Pro-Am. He had bruised it, he said, by "dunking too hard."
By this point you've all seen the video of Kevin Durant at the real Rucker, but here it is anyway.
Elsewhere at Grantland: Klosterman's schtick is hit-or-miss, but his eulogy for a B-level pop singer is surprisingly moving; Simmons, alleged master of cultural effluvia, refers to the "iconic poster of Charlie's Angels star Farrah Fawcett in her red bikini."
Philip Rubio: "Why is it important that the post office not only survive but thrive? If it were crippled or if it collapsed, in this era of Skype and instant messaging and social media, what would be the harm?"
More here and here ("...the most visible representative of - not just the post office but the government...a network that's been around for over two centuries, linking the whole United States, universal service that's authorized by the Constitution") from the A&T prof (p. 24 of PDF) and author.
My suggestion at the focus group was to make sure it works well on mobile platforms, interested to see how that plays out.
Is the In the Spotlight box at left supposed to be flush with the rest of the copy? It impinges on the top photo in Firefox, at least for me.
Sean Coon had trouble posting a comment on the site, but what he wanted to suggest was mixing in some more contemporary photos that would appeal to younger people, including images of the local music/creative arts scene (he's even got some, here). Good idea.
I guess a pic of City Council is a necessary evil, but doesn't it belong under the City Government tab?
The Thompson landfill plan, still gestating, is generating much buzz behind the scenes in official GSO.
A successful plan will need broad buy-in, on the Council and across the city. To get there, some trust issues are going to have to be resolved. You won't achieve that with promises, but with guarantees, and a broad, generational vision that can withstand hard questions from all directions.
A win on this issue could be a game-changer for Greensboro. But like the light bulb in the joke, we have to want to change.
What rain, snow, and dark of night couldn't do, technology and benefit costs can:
The financially strapped U.S. Postal Service is proposing to cut its workforce by 20 percent and to withdraw from the federal health and retirement plans because it believes it could provide benefits at a lower cost...
During the past four years, the service lost $20 billion, including $8.5 billion in fiscal 2010. Over that period, mail volume dropped by 20 percent.