Consumer spending expanded at more than twice its rate in the second quarter, rising 3 percent after a 1.4 percent gain in the second quarter with a surge in sales of big-ticket products like appliances and furniture. Businesses spent more, too, with producer expenditures growing at a 7.9 percent annual rate, down slightly from 11 percent in the second quarter.
Wednesday, October 31, 2007
Spending It Like We Got It
The economy grew 3.9% in the third quarter this year, the best figure since the first quarter of 2006. But what about the housing problems you say? And what about the weak manufacturing report you say? Never fear, we'll grow the American way -- by spending ourselves out of trouble.
Degrees of Richness
Tuesday, October 30, 2007
80's Movie Line of the Week
2007 Movies
Back in the spring, I mentioned that 2007 should be a much better year for movies than was 2006. For much of the year, however, it seemed as though I might have spoken a bit prematurely. Sure Live Free or Die Hard was fun, Knocked Up was weirdly grown-up funny, and Superbad was a pitch-perfect sophomoric comedy, but I still hadn't seen much that just blew me away.
October is proving worthy to cure that trouble, however. Within the last week, I have seen Into the Wild, Michael Clayton and The Darjeeling Limited. All three were incredible. I particularly liked Clayton. It was a thriller that talked about important stuff without being sanctimonious about it. The Darjeeling Limited was classic Wes Anderson, and kind of an affirmation of what it means to be family. Into the Wild was a great story, and Emile Hirsch did a fantastic job of creating a character I admired and wanted to strangle at the same time.
I am excited about Before the Devil Knows You're Deadd, Gone Baby Gone, and The Assassination of Jesse James by the Coward Robert Ford. I just hope I can fit all of them into my movie watching schedule. 2007 is indeed, restoring my hope after dismal 2006.
October is proving worthy to cure that trouble, however. Within the last week, I have seen Into the Wild, Michael Clayton and The Darjeeling Limited. All three were incredible. I particularly liked Clayton. It was a thriller that talked about important stuff without being sanctimonious about it. The Darjeeling Limited was classic Wes Anderson, and kind of an affirmation of what it means to be family. Into the Wild was a great story, and Emile Hirsch did a fantastic job of creating a character I admired and wanted to strangle at the same time.
I am excited about Before the Devil Knows You're Deadd, Gone Baby Gone, and The Assassination of Jesse James by the Coward Robert Ford. I just hope I can fit all of them into my movie watching schedule. 2007 is indeed, restoring my hope after dismal 2006.
We Got Stuff
David Brooks has an amazing column. Somehow almost every week he bases the entire thing upon conjecture. He always tells us that he knows what John Q. Public is thinking, and somehow he has some special insight. Today he says:
I believe he thinks A + B = C here, but how could he know that? Isn't it just as likely that people have bigger homes and more cars and are now incredibly stressed out about how they keep those things? Or couldn't they have them and be wondering why their bigger houses and extra cars aren't the ultimate answer to happiness?
Or maybe he does have his finger on the pulse of the nation, and that is how shallow we have become. I hope not.
Their homes are bigger. They own more cars. They feel more affluent. In a segmented nation, they have built lifestyle niches for themselves where they feel optimistic and fulfilled.
I believe he thinks A + B = C here, but how could he know that? Isn't it just as likely that people have bigger homes and more cars and are now incredibly stressed out about how they keep those things? Or couldn't they have them and be wondering why their bigger houses and extra cars aren't the ultimate answer to happiness?
Or maybe he does have his finger on the pulse of the nation, and that is how shallow we have become. I hope not.
Monday, October 29, 2007
Exhibit A...
...of why our political process is in trouble.
Republicans? Democrats? Doesn't matter if you have the money to pay them all. And they need your money to keep getting elected. I can't see any flaws in that, can you?
So Democrats have gone from 30% of all health industry donations in 2000 to 44% in 2004 to 57% this year. This is, obviously, good news and bad news. The good news is that lobbyist money follows winners, and the healthcare lobby seems pretty confident that a Democrat will become president next year. The bad news is that they might just get what they paid for.
Republicans? Democrats? Doesn't matter if you have the money to pay them all. And they need your money to keep getting elected. I can't see any flaws in that, can you?
The Finest Sport

Tomorrow officially marks the beginning of basketball season. The NBA has three games on tap tomorrow. College will be starting soon afterward. High school not long after that. Even Park Board is probably just around the corner. I'd watch any of it.
It's also the start of the fantasy NBA season. Like everyone else who has ever played fantasy sports, I started with football. It did not take me long to discover basketball, however, which is vastly superior. Never will I have to worry about some scrub catching a meaningless pass and running 50 yards for a TD, thereby turning my 10 point win into an unfathomable 1 point loss. The players earn their points is fantasy basketball.
The downside to fantasy basketball is that sometimes you have to go by the numbers instead of with your heart. This season for instance, I will be forced against my will to root for the unmitigated success of one Kobe Bryant. Yeeesh.
Friday, October 26, 2007
Make Believe
From the same story:
and
I know we aren't going to get everyone to get together in a room and work things out. But in trading barbs, could we not at least cut the charade that anyone's first priority is the American people.
“This is not what Congressional leaders promised when they took control of Congress earlier this year,” the president said. “Congress needs to keep their promise, to stop wasting time and get essential work done on behalf of the American people.”
and
“It is clear that President Bush’s priorities are simply not those of the American people,” Mr. Reid said.
I know we aren't going to get everyone to get together in a room and work things out. But in trading barbs, could we not at least cut the charade that anyone's first priority is the American people.
It Depends
Would I ever consider voting for Rudy Giuliani? Let's say it depends on how he answers this.
Looks like the answer is "no", I would not consider voting for Rudy. Though I am quite sure the rest of the world would be pleased to hear that we have decided to hold ourselves to a different standard than everyone else.
Found via Kevin Drum.
Ms. Gustitus said: “He said he didn’t know if waterboarding is torture.”
Mr. Giuliani said: “Well, I’m not sure it is either. I’m not sure it is either. It depends on how it’s done. It depends on the circumstances. It depends on who does it..."
Looks like the answer is "no", I would not consider voting for Rudy. Though I am quite sure the rest of the world would be pleased to hear that we have decided to hold ourselves to a different standard than everyone else.
Found via Kevin Drum.
Thursday, October 25, 2007
Basketball Lesson
For those of you who aren't basketball fans, let me impart some (probably unwanted) knowledge. I can tell you today that the Houston Rockets will not be NBA champions. How do I know this?
Starting PG Mike James and backup PG Steve Francis took 31 of the teams 99 shots in a preseason game yesterday. They also had 5 assists between them (James played a remarkable 27 minutes at PG without a single assist).
The fact that Steve Francis is a Rocket at all probably should have been enough, but when your primary "ball distributors" instead function as your primary "ball heavers" you can write off your season immediately.
Starting PG Mike James and backup PG Steve Francis took 31 of the teams 99 shots in a preseason game yesterday. They also had 5 assists between them (James played a remarkable 27 minutes at PG without a single assist).
The fact that Steve Francis is a Rocket at all probably should have been enough, but when your primary "ball distributors" instead function as your primary "ball heavers" you can write off your season immediately.
Tuesday, October 23, 2007
80's Movie Line of the Week
Sunday, October 21, 2007
Vomiting a Little in My Mouth
I just flipped on the Republican debate on Fox. I watched less than 3 minutes before I couldn't take anymore. I understand that everyone has to pander to their base in a primary, but it just seems so egregious and yet unnatural with these guys. Rudy G. was even dogging the town he was once mayor of. I suppose he figures none of them are going to vote for him anyway. Geez.
Saturday, October 20, 2007
Hillman!
The Royals have found the right man to carry them to the promised land. How do I know that?
That team is exactly like the Royals!
On a side note, perhaps the Royals should change their name to the Kansas City Tenderloin Warriors. It has a ring to it.
"He won at every level, was manager of the year at three different levels," Moore said. "In Japan, the first two years, his team (Nippon Ham Fighters) showed improvement. The fourth year they won the Japanese Series and this year they're back in the Japanese Series with a team that's virtually last in every offensive category."
That team is exactly like the Royals!
On a side note, perhaps the Royals should change their name to the Kansas City Tenderloin Warriors. It has a ring to it.
Friday, October 19, 2007
Dilemma
This is the unfortunate question of politics.
"There is a great deal of angst about who will come forward and be electable, and also close to the social views and moral views we believe in," Page said.
This statement came from an evangelical, but it actually could have come from people with a variety of politics. Do you stand by your values, or do you be realistic about who is the electable lesser of two evils?
Why don't people vote again?
"There is a great deal of angst about who will come forward and be electable, and also close to the social views and moral views we believe in," Page said.
This statement came from an evangelical, but it actually could have come from people with a variety of politics. Do you stand by your values, or do you be realistic about who is the electable lesser of two evils?
Why don't people vote again?
Wednesday, October 17, 2007
80's Movie Line of the Week
A good recommendation from a friend.
From Weird Science:
Wyatt: Garry, don't you feel like a chicken?
Garry: Wyatt, if I could shoot an egg out my ass right now, I would! Look we can deal with shame, death is a much deeper issue.
From Weird Science:
Wyatt: Garry, don't you feel like a chicken?
Garry: Wyatt, if I could shoot an egg out my ass right now, I would! Look we can deal with shame, death is a much deeper issue.
Monday, October 15, 2007
Is That Extra Memory in Your Pocket or...
I challenge anyone to say they wrote a more bizarre thesis than this.
The chorus of Hallelujahs you hear is from geeks the world over... and possibly married men:
If you still call your partner "Darling" they should be automatically entitled to a robot.
In his thesis, "Intimate Relationships with Artificial Partners," Levy conjectures that robots will become so human-like in appearance, function and personality that many people will fall in love with them, have sex with them and even marry them.
The chorus of Hallelujahs you hear is from geeks the world over... and possibly married men:
Keeping a robot for sex could reduce human prostitution and the problems that come with it. However, "in a marriage or other relationship, one partner could be jealous or consider it infidelity if the other used a robot," Levy said. "But who knows, maybe some other relationships could welcome a robot. Instead of a woman saying, 'Darling, not tonight, I have a headache,' you could get 'Darling, I have a headache, why not use your robot?'"
If you still call your partner "Darling" they should be automatically entitled to a robot.
Colbert
Stephen Colbert stood in for Maureen Dowd yesterday. He was very insightful. For instance:
And Fred Thompson. In my opinion “Law & Order” never sufficiently explained why the Manhattan D.A. had an accent like an Appalachian catfish wrestler.
Why So Long in the Face?

Is the president wearing down? Don't know about the real one, but the WSJ illustrated version sure is. Maybe this version has a valid conception of reality.
From Slate.
Great Show
I feel supremely confident that I saw the best show in KC on Saturday night, and I was not at Elton John. Wilco and Andrew Bird put on the best concert I've seen in some time. It was the first time I had seen Bird, and he blew me away. He played several instruments and looped them together in nice arrangements, and he displayed whistling ability that bordered on supernatural.
After an opening like that, I was concerned that Wilco might actually seem a little flat. No worries. I've seen Wilco before, but this show was the best by a wide margin. They played a nice mix of songs from their now 6 albums, and they also put in two encores. Dan thought the encores (complete with fireworks) were a cheap gimmick. He may be right, but I could care less (and would add that I haven't been to a show without such a pre-planned encore in a long time). The band was on all night, and they seemed to step it up another notch in each encore.
Sure the band was probably pandering to the crowd when they said it was the best crowd they had on the tour, but as someone who has been a part of several crowds at music shows I would argue it was a pretty damn good crowd. When the crowd is totally into the show, it makes a difference. The energy was good.
The only gripe I have is that Stretch (proprietor of Grinders and Crossroads KC) took to the stage both before and after the show determined to make me believe I was at a Ted Nugent show. He screamed like he was MCing a monster truck rally and he killed a good vibe at the end of the show by yelling "F*#% You Elton John!" Everyone in the crowd was just looking around wondering what the hell was going on. Stretch has a couple of really cool businesses, and I even like his art. But man, stay off the stage.
After an opening like that, I was concerned that Wilco might actually seem a little flat. No worries. I've seen Wilco before, but this show was the best by a wide margin. They played a nice mix of songs from their now 6 albums, and they also put in two encores. Dan thought the encores (complete with fireworks) were a cheap gimmick. He may be right, but I could care less (and would add that I haven't been to a show without such a pre-planned encore in a long time). The band was on all night, and they seemed to step it up another notch in each encore.
Sure the band was probably pandering to the crowd when they said it was the best crowd they had on the tour, but as someone who has been a part of several crowds at music shows I would argue it was a pretty damn good crowd. When the crowd is totally into the show, it makes a difference. The energy was good.
The only gripe I have is that Stretch (proprietor of Grinders and Crossroads KC) took to the stage both before and after the show determined to make me believe I was at a Ted Nugent show. He screamed like he was MCing a monster truck rally and he killed a good vibe at the end of the show by yelling "F*#% You Elton John!" Everyone in the crowd was just looking around wondering what the hell was going on. Stretch has a couple of really cool businesses, and I even like his art. But man, stay off the stage.
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