Really Close
I'm within a week of finishing my manuscript, so hey-o, here's a cop-out update featuring a graph and a song!
So Close!
I am pretty close to finishing a book, so updates are going to slow a bit. Not disappear-- just slow. Oh no!
To distract yourself, get lost in some Ha-Joon Chang talking about his totally cool book, 23 Things They Don't Tell You About Capitalism
Or wonder why Lindsay Lohan is tweeting about the Fed.
Or think about how Spike Lee can't get a movie financed, but The Help
has been turned into what looks like an amazingly insulting movie. Look at it! My god! I just keep watching and watching the trailer and it gets worse with each viewing.
We Need Riots. Good Riots. Big Riots.
Investors May Lose as Congress Saves Money on Adviser Oversight - Bloomberg.
Congress may hand oversight of almost 12,000 investment advisers to Wall Street’s self-funded regulator as a cost-saving measure. The price could be paid by investors.
The Financial Industry Regulatory Authority, deputized by the government to oversee brokers, is lobbying to replace the U.S. Securities and Exchange Commission as a regulator of registered investment advisers who manage about $40 trillion. Congress is considering the move as a cheaper alternative to increasing resources for the SEC, since Finra’s $877 million budget is paid by the brokers it regulates....
Finra, established in 2007 by the merger of the National Association of Securities Dealers and most of the New York Stock Exchange’s regulatory unit, has done a poor job of protecting investors, said Crawford, who retired in February after 17 years as a securities commissioner. Fines imposed are usually a fraction of the damages suffered, and Finra fails to share information regularly with state regulators, she said.
The regulator fined members almost $43 million last year, while the SEC, working with a similar budget, issued more than $1 billion in penalties.
There's no way to win, is there?
Mayor Menino Sucks, Is Anti-Labor, Talks Funny
Mayor Thomas M. Menino blasted the city’s part-time school bus drivers — who have threatened to strike when school closes today — saying the action will leave disabled kids stranded.
“The bus drivers are making a huge mistake,” Menino told the Herald yesterday. “They’re picking on the most vulnerable of our school children, young kids with special needs like autism and disabilities like that.”
Regardless of the merits of the issue-- oh no a 3% yearly raise that will surely be bargained down to about nothing-- since when is having a job that some people come to rely on a surrender of pretty standard labor rights?
The Herald, sucking as it does, just goes along with Menino's assertion that drivers make $60k/year, nevermind that they're hourly. The contract they want with First Student (of FirstGroup), surprise, keeps them hourly-- to earn that kind of money, they have to work for it. Transporting dozens of kids safely is something worth $24 per hour... right?
But no, they're fixing to sabotaged disabled children! Shameful tactic, Mumbles. Shameful.
Here's my message to the kids of Boston: say no to powerful people stoking anti-labor sentiments. That sort of talk is the reason why your parents don't have vacation days or due process in dismissal from their jobs, anymore.
Wanna Know That Dog
BBC | Greece's front-line riot dog
Loukanikos, or Sausage, has been in the centre of the action for years.
Here are some of his most memorable moments, gathered by Newsnight.
Go, Dog, Go!
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