You cannot feed 10 billion people
using organic farming.
Two Scoops: Yale's Robert Shiller has joined those who see a better than even chance (“a significant likelihood”) that the economy will decline back into recession, with the root cause being our apparently incurable unemployment woes. He also sees the Fed as “running out of bullets.”
Bare Bones: Initial unemployment claims edged up 2,000 to 484,000 last week and the 4-week average is up 14,250 at 459,250. Enough people fell off the far end of the benefit table to lower total insured unemployment by 118,000 to 4.5 million. In other words, no news is bad news.
Rich/Different: Most of us, were we ever so lucky as to get a signing bonus, would undoubtedly agree to a morals clause and a term of employment clause and a good faith clause. But most of us don't work on Wall Street, where you can lie about your past, be found to have defrauded your last employer, quit your new employer in less than a year, and keep the whole $4.5 million signing bonus. Because most of those acts are what qualified folks to work on Wall Street in the first place.
Memorization: Turns out that building muscle does not require heavy lifting, just lots of it. Repetition. Just like the multiplication tables.
Papers, Please: Under a proposed immigration law, Florida police would be required to investigate the immigration status of all those they suspect of being illegally in the country. If you do not produce your identity papers you will be taken to an internment camp, held 20 days and shipped off somewhere. Identity papers? Remember when this used to be the United States?
Another Thing: Remember those claims that the world has 400 years of coal left? A re-evaluation says global coal production will peak next year and decline by 50% before 2050. The only way we'll ever cut CO2 emissions is by running out of fossil fuels, so while this is bad for the energy producers, it may be good news for the atmosphere.
Redefined: Remember when an intern was a college kid who worked someplace during the summer to see if he like the place while giving the employer a chance to see if the kid had potential? These days about a quarter of those seeking intern jobs have more than 10 years experience, and many are over 50. Go team.
Sauces: “Liberal critics (Like Rachel Maddow) have an audience because they’re reflecting real concerns of real people.” So too, the Glen Becks of the world.
Hot & Bothered: In 20 years we'll have nuclear reactors with interchangeable parts, small mini-reactors to power the home, ship-board reactors supplying electricity and fresh water to the poor everywhere... Or maybe not.
Our Gang: What if this whole WikiLeaks brouhaha is actually some sort of clever Trojan Horse deception by the Pentagon to get out of war they cannot win?
Zombies: The “dead zone” in the Gulf of Mexico – now about the size of Massachusetts – grows ever larger. No, not from BP's failed well, but from the runoff of chemical fertilizers and herbicides from farms in the mid-west. If BP must pay for its damage, why don't agribusinesses have to pay for theirs?