Events

Still mulling over intergenerational conflict as I am, at least I have some good news about Chicago's infrastructure: [T]he CTA today announced that Purple Express trains in the Loop will resume operation traveling clockwise on Monday, December 29. In April 2007, when three-track operation began at both the Belmont and Fullerton stations, the CTA moved Purple Express trains to travel in the same direction as Brown Line trains (counter-clockwise around the Loop) to supplement Brown Line service and help...

Some of my friends and I have a running conversation about the differences between us in Gen X (born 1964-1978) and the two generations on either side of us (Boomers, 1946-1964; Millennials or Gen Y, 1978-2000). We've concluded that both display a sense of entitlement, in different ways, not present in other generations. Thomas Friedman sees some of this, as well as how the Boomers are sticking us Xers with their bills, as are the Millennials: What book will our kids write about us? “The Greediest...

This morning the Bureau of Labor Statistics announced the economy lost 533,000 non-farm jobs last month, giving us a main-line unemployment rate of 6.7%. This is the highest since 1993, which, along with the usual credit-crisis indicators (like the 3-month Treasury now at zero), is quite sobering. Appropriate, then, that today is the 75th anniversary of the 21st Amendment, repealing Prohibition. Sláinte!

I mentioned earlier that having a President living in Chicago will change a few things. I'm hoping that the doomsday scenario outlined by local reporter (and private pilot) Phil Rogers doesn't come to pass: The Secret Service declined to say how they would handle aviation security in the Chicago area, Rogers reported, but there is a model, which is how security is handled currently at the presidential retreat in Crawford, Texas. Using that model, that would mean a three-mile no-fly zone around the...

I can't see any benefit to leasing out all the parking spaces in Chicago to a private company, even if my mayor and alderman can. In fact, it sounds quite appalling: street parking fees to double, profit motive over civic good in parking enforcement, no time for the Council to evaluate the proposal Mayor Daley handed them yesterday. Destroying Meigs was bad; this is much, much worse: Parking meter rates will increase next month after the Chicago City Council today overwhelmingly approved Mayor Richard...

Pilots for Emirates Airlines have complained that the new Airbus A380 is too quiet: "We're getting a lot of complaints. It's not something we expected," Emirates spokesman Ed Davidson told Flight International. "On our other aircraft, the engines drown out the cabin noise. [On the A380] the pilots sleep with earplugs but the cabin noise goes straight through them." The problem is most noticeable on the Emirates A380s because they chose to put the crew-rest area at the back of the main cabin, while...

First the good news: Al Franken keeps inching up in his recount for Norm Coleman's (R-MN) U.S. Senate seat. With 7% of the votes left to count, Franken now trails by only 3. Three. As in, "Four shalt thou not count, nor either count thou two, excepting that thou then proceed to three. Five is right out." And the bad news. As predicted, Saxby Chambliss (R-GA) looks likely to win re-election in tonight's run-off. But, you know, 57 isn't bad, nor is 58 if you count Joe Lieberman (RI-CT).

In the 49 days and 3 hours or so until poor Crawford, Texas, gets its missing idiot back, let's pause to remember one of the first unmitigated disasters of his administration: Today is the 7th anniversary of Enron filing for bankruptcy. Also (why is this related? Hmmm), today's Wall Street Journal reports that Ford CEO Alan Mullaly, who yesterday, hat in hand, drove himself to Washington, made more than you did last year: Ford Chairman William Ford Jr. said the company is looking beyond survival to...

And, as many already suspected, it started a year ago: The Business Cycle Dating Committee of the National Bureau of Economic Research met by conference call on Friday, November 28. The committee maintains a chronology of the beginning and ending dates (months and quarters) of U.S. recessions. The committee determined that a peak in economic activity occurred in the U.S. economy in December 2007. The peak marks the end of the expansion that began in November 2001 and the beginning of a recession. The...

Via reader KT, the Boston Globe picked up on a map comparison of voting patterns this election and cotton agriculture in the antebellum South: The bottom map dates from 1860 (i.e. the eve of the Civil War), and indicates where cotton was produced at that time.... The top map dates from 2008, and shows the results of the recent presidential election, on county level. ... The pattern of pro-Obama counties in those southern states corresponds strikingly with the cotton-picking areas of the 1860s...