Culture and Current Events Archive

Hundreds Injured In California Prison Riot

August 10, 2009  ·  Category: California, Culture and Current Events
There was a huge riot at the California Institution for Men in Chino, CA, about 40 miles east of LA, over the weekend ("Hundreds Hurt In California Prison Riot", The New York Times, August 10). UPDATE ...
Posted by Greg Feirman  ·  No Comments »

“Fragmentation” Is The Word That Best Describes California’s Electorate

August 6, 2009  ·  Category: California, Culture and Current Events
California, it's been observed, is a canary in the socioeconomic mine, telling the rest of the nation what to expect in the future, for better or worse. If so, then the rest of the nation had best ...
Posted by Greg Feirman  ·  No Comments »

Doug Fine In The WaPo: “On My Ranch, Ready for the Great American Meltdown”

August 6, 2009  ·  Category: Culture and Current Events
I've spent the past three years trying to get petroleum out of my life and live locally.  Where I differ from many locavore cruncholas is in my determination to do these things without giving up ...
Posted by Greg Feirman  ·  No Comments »

Bill O’Reilly Does Economics - Badly

July 29, 2009  ·  Category: Culture and Current Events, Economics
Bill O'Reilly kicked off his O'Reilly Factor program yesterday (video here) claiming that a front page WSJ story on oil speculators driving the price of oil ("Traders Blamed For Oil Spike" (subscription required), WSJ, July 28, A1) vindicated his ...
Posted by Greg Feirman  ·  No Comments »

What I’m Reading Today

"The economy is still deteriorating, job losses are still huge, I really don't see where earnings will come from to drive valuations.  Just because things are getting worse at a slower pace doesn't mean they're ...
Posted by Greg Feirman  ·  No Comments »

Republican Superstar Governor Sanford Admits Affair

June 24, 2009  ·  Category: Culture and Current Events, Politics
After a mysterious five day disappearance, South Carolina Governor Mark Sanford admitted to having an affair with a woman in Argentina. This is a huge disappointment to Republicans who rallied behind Sanford after he asked the Obama ...
Posted by Greg Feirman  ·  1 Comment »

Atlantic Monthly Cover Story: Why I Fired My Broker

Entertaining and funny story headlining this month's Atlantic Monthly, "Why I Fired My Broker", exploring a question that many middle/upper class Americans are asking themselves these days: Should I fire my broker/financial advisor?  Where can ...
Posted by Greg Feirman  ·  No Comments »

What Is The Relationship Between Crime and Recession?

I've been wondering if hard economic times would cause people to commit more crimes.  The Wall Street Journal wrote an interesting article about this last Wednesday: "Evidence Suggests That People Don't Suddenly Commit Murder After ...
Posted by Greg Feirman  ·  1 Comment »

Huge Markdowns On Women’s Shoes and Bags? Scary!

December 5, 2008  ·  Category: Culture and Current Events, Macro Economics
A story in today's New York Times brought home the severity of the economic crisis to me: "Luxury Prices Are Falling; the Sky, Too".  When designer shoes and bags are being marked down to these ...
Posted by Greg Feirman  ·  No Comments »

NY Times: The Golden Years, Tarnished

November 18, 2008  ·  Category: Culture and Current Events
In communities like Gleneagles and in the homes of retirees across the country, these are days of fear and uncertainty. In theory, retired people are not supposed to invest much in the stock market; in ...
Posted by Greg Feirman  ·  2 Comments »