Events
Gulliver this afternoon examines whether we might want to examine them: A new academic paper [PDF] from John Mueller (of The Ohio State University) and Mark Stewart (of the University of Newcastle in Australia) attempts to determine whether the return on investment justified those huge expenditures. ... [T]he findings in this paper are truly remarkable. By 2008, according to the authors, America's spending on counterterrorism outpaced all anti-crime spending by some $15 billion. Messrs Mueller and...
Today's gloomy morning makes it official: April 2011 was the gloomiest and wettest April in recorded Chicago history: Going into the last day of the month, this April has received only 32 percent of possible sunshine. Even with some morning sunshine, thickening cloudiness should cut out a significant amount of Saturday's sun - probably enough to hold this April's total sunshine number under what looks to be the old record low of 34 percent possible sunshine back in 1953. State climatologist Jim Angel...
In the mythical Land of Uk this morning, millions fled drunken mobs surrounding the palace as an evil magic spell cast by the House of Saxe-Coburg melted brains across the Uk Empire's former colonies. Moving on. As much as I like the United Kingdom, and might even live there given the chance, I am a committed, small-r republican, who thinks any monarchy more ostentatious than, say, The Netherlands', seems like an inappropriate use of public funds. Sure, separate the ceremonial functions from the...
Every day a few minutes past midnight UTC (7pm CDT), I get a report from The Daily Parker about its health, wealth, and wisdom. And every day, someone hits the blog from somewhere through a search I never thought about before. In the last day, for example, people have hit the blog looking for: Laguhing too loud; The great flood of 1992; Chicago parking scandal; Neurology of spending (this one from Canada); One of my classmates; My high-school choir director; and The daily sunrise times in Chicago. I'm...
A tongue-in-cheek alternate take for a PSA describing the benefits of AFSCME (NSFW):
Via Fallows, the President today took a few minutes to remind the press that we have serious issues to look at: Fallows is pessimistic this will change anything: "if 'actual knowledge' mattered, the number of people who thought Obama was foreign-born would approach zero by next week -- with exceptions for illiterates, the mentally disabled, paranoid schizophrenics, etc. My guess is that the figures will barely change."
With Federal Reserve Chairman Ben Bernanke becoming the first in his office ever to hold a press conference, I wonder whether he'll actually say anything. As I mentioned yesterday, and as Krugman has said for years, Very Serious People worry about inflation even though elementary economics shows there isn't anything to worry about. Fortunately, other reporters are catching on: One question more than any than other is crying out for an answer: Why has Mr. Bernanke decided to accept widespread...
Senator Mark Kirk (R-IL) doesn't seem like a Tea Partier on the surface, but he's started to experiment with right-wing populism. Today his office sent out an email suggesting inflation will destroy us all climb in the near future and hurt Illinois businesses. He even shows a chart from the St. Louis Fed showing how the monetary base spiked during the 2009 recession. Only, the chart doesn't have anything to do with inflation except to show how (but not why) we didn't spiral into deflation during the...
At the moment, this is Chicago's cloudiest and coldest April since 1953. With more clouds predicted through Friday, we look likely to set a new record. At least Saturday we had good weather. Sigh.
(Via Gulliver.) All right, when I said Michelle Obama was not in any danger, I was right, though the National Transportation Safety Board has more information. Apparently the First Lady's plane came within 2.94 miles of the C-17, which is a loss of separation warranting disciplinary action. Now, should the FAA have fired the controllers? No, that seems like an overreaction. Instead, the FAA has changed the rules slightly so that all flights carrying the First Lady will be handled by a supervisor. Well...
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