Daily Archives: June 23, 2010
Researchers are seemingly on the brink of a cure for aids, but they’ve been doing their research on mice. PETA and its allies focus on destroying these projects as exploitative of our furry friends, so I hope the scientists are well protected.
Amazon’s got ’em, but alas, who wants them? As digital phone cameras improve, particularly the new iPhone, it seems to me that the market will split between serious digital cameras and cellphone cameras. I can see carrying a real camera, but for quick shots, if my cell phone will suffice, then that’s what I’ll use. My current iPhone’s camera is not a real tool, although I use it for pictures on this blog, but the new model may change that. And if not, the next generation will. I see no future, however, for a stand-alone quickie camera.
This house, fronting Lake Avenue, came on at $16.5 million but sold for $11.2 yesterday. Still not chump change, but …
The Commerce Department says new home sales fell in May from a month earlier to a seasonally adjusted annual sales pace of 300,000. That was the slowest sales pace on records dating back to 1963.
It indicates that buyers left the market as federal tax credits of up to $8,000 expired at the end of April.
Economists surveyed by Thomson Reuters had expected a May sales pace of 410,000. April’s sales pace was revised downward to 446,000.
These are experts? No, buyers didn’t “leave the market” when tax credits expired – it’s a simple matter of front-loading. You offer an incentive and the people who were intending to buy bought, and grabbed $8,000 of our money. But having captured future sales with this gimmick, where’s the surprise that there are fewer sales now? I’m no genius, so if I could see this coming, what’s wrong with the experts?
82-year old drunk convinces Concord, Massachusetts to ban bottled water. Her theory: water is packaged in plastic. Well so is applesauce, and, last I looked, a million other items. In fact, the scotch that she admits to preferring to water also comes in a package. When she starts her own still and laps it from a ladle, I’ll give her credit for being a purist. Until then, I consider her a meddlesome old lady who should shut up and stay in her house.
UPDATE: a joke, not from Jeremy Kaye, but from reader Pierre:
Please stop with the French jokes. Yesterday, someone asked me, “Why do the French never perform “the wave” at a soccer game?” Je ne said pas, I responded. “Because,” he said, “that’s a gesture reserved for use only in time of war.”