Category: Miscellanea
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EMP: Still Something to Keep You Up at Night
In case you’ve already resumed sleeping normally after my prior post on the EMP threat, the Wall Street Journal has more to remind you of the danger.
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$7,400,000,000,000
That’s what the Fed is pledging to “rescue the financial system,” according to Bloomberg.com. That’s 50% of 2007 GDP, or 288% of 2007 federal tax revenues. Makes my prior post sound look like a praise of good budgeting.
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Brilliant a Cappella Geekery
For all the Lucas/Spielberg/Williams fans out there (and probably most of the critics, as well), I present the best use of YouTube I have seen in a while. (h/t American Elephants)
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New Cell Phone Number
I am ditching my old, Chicago-area code (773) cell phone and switching to a Houston number. Please direct all calls and texts to 713-876-6095. Thanks!
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The Only Graph You Really Need to Understand the Auto Industry’s Problems
It’s the best one-image summary of why the Detroit Three are in such hot water, and it’s on Michigan economist Mark Perry’s blog. (h/t Greg Mankiw).