A very long while ago, I wrote about New Jersey’s attempt to invade Delaware with an LNG port.
The Supreme Court has ruled. Delaware’s boundaries are, well, Delaware’s boundaries.
As I mentioned at the time, all New Jersey has to do is more it a couple of miles upriver, and it will be within New Jersey.
Contrary to my beliefs, there is such a word, and it has a history that predates political apologias.
Howsomever, what it means is not how it’s being used today, which seems to be defined as “I didn’t think my lie would be caught out and I’m not going to admit I was lying“:
An enthralling etymological debate is raging online regarding the meanings of ‘misspeak’ in its original Old English form (‘to grumble’), in Chaucer’s day (‘to speak insultingly’), and in 19th-century America (‘to speak unclearly or fail to tell the whole truth’).
But we all know what went on in Hillary’s case, don’t we? I’m not sure there is a word that specifically means ’embellishing an anecdote in order to make oneself sound more interesting’, but we need a word for that and ‘misspeak’ will do as well as any. (‘Embell-self-glamming’ would be more fun, but its construction sounds a little German. And the Germans probably don’t do it. They’re more likely to need a word which means ‘downplaying an anecdote in order to make oneself sound slightly less efficient’ and I expect they’ve got one. Coined years ago, neatly prepared in case of future-use requirement.)
Looking for an investment? Here’s a growth industry:
About a year ago, business from foreclosures started to pick up. In the last two or three months, it has become a deluge.
Last month, 7,499 foreclosure actions were filed in Miami-Dade and Broward counties alone.
You get to meet nice people like this lady:
All Joanne Keeley wanted to do was help her grandson buy a used car, but she ended up with an expensive mortgage she couldn’t afford.
Walter Sellers, who arranged financing for the car, was moonlighting as a mortgage salesman and dangled a $1,220 monthly payment in front of her until the night before closing last May, she said, when he told her it would really be $1,790.
“He floored me,” she said. It got even worse the next day at closing, when she learned that the $1,790 payment did not include taxes and insurance, which amount to $310 a month.
“I guess if it had been $1,790, I wouldn’t have” applied for the loan, Keeley said recently at her dining room table in Aston, Delaware County, with her 6-year-old granddaughter at her side.
Sellers, who said he could not remember Keeley, declined to comment on her situation.
Why didn’t she run? Read a little further into the story:
“I trusted this man so much. He seemed like my friend,” Keeley said of Sellers, recalling how he sat at her dining room table last April to gather information for the application.
“People who are in the business of bait-and-switch marketing know what they are doing,” Ackelsberg said. “They wait to change the terms until the transaction has progressed to a point where they know that it will be nearly impossible, psychologically, for the consumer to say no.”
Meanwhile, back on the preserve
Countrywide Financial’s chief executive and president will receive a combined $19 million in stock next week as part of the company’s pending takeover by Bank of America, according to a regulatory filing.
This cold just won’t go away.
A while ago, I linked this post from Phillybits concerning a rightwing teacher’s spreading wingnut poison in public school.
Now comes another chapter in the story:
The state Human Relations Commission is investigating a complaint from an Indian River School District parent who said her 10-year-old daughter’s teacher told her class she would not vote for Democratic presidential hopeful Barack Obama because he is Muslim.
In a letter to the editor, the girl’s two older sisters — who described themselves as American Muslim kids who love their country — said the teacher told the fifth-grade class that she is a Republican and that Obama “believes in different things and is scary.”
Obama, a Christian, has been trying to dispel myths about his religion across the country.
What his camp calls “smear e-mails” have circulated nationally for months claiming the Illinois senator is Muslim. His campaign Web site notes Obama’s response in a January debate on MSNBC: “In the Internet age, there are going to be lies that are spread all over the place. I have been victimized by these lies. Fortunately, the American people are, I think, smarter than folks give them credit for.”
The Indian River teacher’s remarks allegedly occurred prior to a mock Feb. 5 Super Tuesday primary vote at Lord Baltimore Elementary School.
This is what separation of church and state is about. It is not right to have an agent of the state (that is, a public school teacher) attempting to influence political choices.
Well, we could stop there, couldn’t we? But let’s finish the thought:
It is not right to have an agent of the state (that is, a public school teacher) attempting to influence political choices to further a particular religious point of view.
Even if it weren’t–as in this case–based on a lie.
And anyone who tells you that middle income families can easily find reasonably-priced health insurance on the open market has never had to pay for his or her own health insurance.
My new health insurance policy that I am happy to have and which, frankly, will never be any use to me unless my son or I end up in the hospital (which means I hope it will never be any use to me) is equal to almost half my mortgage payment PITI–more than half my mortgage payment PI–(30 year straight 5.75%) per month.
Recent history has not been kind to working-class Americans, who were down on the economy long before the word recession was uttered.
The main reason: spiraling health-care costs have been whacking away at their wages. Even though workers are producing more, inflation-adjusted median family income has dipped 2.6 percent — or nearly $1,000 annually since 2000.
Employees and employers are getting squeezed by the price of health care. The struggle to control health costs is viewed as crucial to improving wages and living standards for working Americans. Employers are paying more for health care and other benefits, leaving less money for pay increases. Benefits now devour 30.2 percent of employers’ compensation costs, with the remaining money going to wages, the Labor Department reported this month. That is up from 27.4 percent in 2000.
Tomorrow, 6-9 p.m., Tangier Restaurant, 18th and Lombard, Philadelphia. Another month and it will be warm enough to dine al fresco, assuming Al shows up, of course.
Stand in for me.
I’m on Day Nine of the Worst Cold I’ve Had in Five Years.
The doctor told me it’s been hanging on as much as three weeks with some people. Sort of like Bush Cheney–just won’t go away even with you are sick to death of it.
See the full-sized image here (it’s very large).
Image from Huffington Post via Phillybits.
Brendan has a personal reflection.
Delaware Liberal has some thoughts.
Making the rich, richer; the poor, poorer.
Robert Reich on “Moral Hazard”:
When it comes to risky behavior in the market, America has a double standard. Weâ€™re told that economic risk-taking as the key to entrepreneurial success, but when big entrepreneurs take big risks that fail itâ€™s amazing how often they get bailed out. Indeed, the history of modern American business is littered with federal bailouts, loan guarantees, and no-questions-asked reorganizations. Some are well known, such as the Chrylser bailout of 1979, the savings and loan bailout of 1989, and the airline bailout of 2001. Most occur in the relative dark, such as the 1998 bailout of giant hedge fund Long-Term Capital Management (courtesy of former Fed chair Alan Greenspan), the not infrequent bailouts of under-funded corporate pension plans by the governmentâ€™s Pension Benefit Guarantee Corporation, price supports for big agribusinesses facing market downturns, or the current bailout of Wall Street being engineered by Ben Bernankeâ€™s Fed. Behind every one of these bailouts are CEOs or financial executives who were rescued from their bad bets.
CEOs get away with stupid mistakes all the time. Some, like Robert Nardelli, the former CEO of Home Depot, drive their companyâ€™s stock low that their boards eventually oust them. But they leave with eye-popping going-away presents nonetheless. (Nardelli got several hundrd million dollars on his departure.) If youâ€™re an average American who gets canned from his job, even through no fault of your own, you probably wonâ€™t even get unemployment insurance (only 40 percent of job-losers qualify these days). Conservatives tell us that unemployment insurance reduces their incentive to find a new job quickly. In other words, moral hazard.
Some CEOs use bankruptcy as a means of getting out from under pesky labor contracts they might have “known they could not afford” when they agreed to them (Northwest Airlines most recently, for example). Others use it as a cushion against bad bets. Donald (“youâ€™re fired!”) Trumpâ€™s casino empire has gone into bankruptcy twice — most recently, last November, when it listed $1.3 billion of liabilities and $1.5 million of assets — with no apparent diminution of the Donaldâ€™s passion for risky, if not foolish, endeavor. After all, his personal fortune is protected behind a wall of limited liability, and he collects a nice salary from his casinos regardless. But if youâ€™re an ordinary person who has fallen on hard times, just try declaring bankruptcy to wipe the slate clean. A new law governing personal bankruptcy makes that route harder than ever. Its sponsors argued — you guessed it — moral hazard.
Bushâ€™s “ownership society” has proven a cruel farce for poor people who tried to become home owners, and his minuscule response to their plight just another example of how conservatives use moral hazard to push their social-Darwinist morality. The little guys get tough love. The big guys get forgiveness.