March, 2011


31
Mar 11

“The hedge fund you’re looking for isn’t here anymore”

Books

The newest slender section of the site is going to look that that. I’m tinkering with the design now, so I thought I’d throw the picture up here. Of course I’ll tell you all about it when the page is ready to go.

Class today, reading today. Also, the sun came out. I’d have to check the meteorological records for three or four cities, but I believe this was the first time I’d seen that big ball of fusion in more than a week.

Those were the highlights of the day.

And I also re-discovered Golden Smog:

You know your supergroup is on an extended hiatus when the record label links to the official site which has been taken over by a hedge fund:

The (economic) crisis also demonstrated flaws in large financial firms. These start with the too-big-to-fail problem. Large banks cannot be allowed to go down; knowing that, their creditors lend without monitoring their risks; as a result, their risk-taking is undisciplined. At the same time, each trading desk within a large banking supermarket has strong reason to load up on risk. If its bets come good, huge bonuses will ensue. If they go bad, the losses will be spread across the whole institution.

[…]

The question for policy-makers is what kind of financial institution will absorb risk most efficiently—and do so without a backstop from taxpayers. The answer awaits discovery in the story of A.W. Jones and his descendants. The future of finance lies in the history of hedge funds.

The page on starting a hedge fund redirects to a 404.

Whoops.


30
Mar 11

Jabber jabber jibber

Sign

I took this picture in a parking lot the other night. The more I think of it the more troubled by the implications of the language. The video may be recorded? It may be recorded 24 hours? Which 24 hours? Are they in sequence? Are just the first 24 hours recorded? Are they pressing record at whim?

Is this a deterrent? Would the bad guys take a chance?

Turns out if you stand there in the parking lot considering this message the staff begins to eye you suspiciously.

Auburn friends will enjoy the best Twitter meme ever. Everyone else will probably find it stupid, even if they can relate to some of the experiences there. Even still, just the names and the shared parts of the culture made for some hysterical reading today.

Less fun:

MONTGOMERY, Alabama — Gov. Robert Bentley said today he would cut the state’s General Fund budget by 15 percent once the Legislature passes pending supplemental appropriations to several key agencies.

And Bentley said the condition of the $1.6 billion fund is so bad that he expects to have to prorate the 2012 budget that begins on Oct. 1 anywhere from 15 percent to 45 percent.

[…]

Bentley compared the state’s General Fund to a person who is addicted to OxyContin and is going through a withdrawal period.

“Some times you get DTs like an alcoholic and that’s what we’re going through in the state of Alabama now,” he said. “We going through DTs, but you know what? You’ve got a doctor in charge.”

That’s our new governor. He was a dermatologist in his previous career. These little jokes are going to get old, fast.

And on the local level, there is even more bad economic fun.

I finished Robert Remini’s The House: The History of the House of Representatives at lunch. Fine book, considering that it had to cover so much ground of what is sometimes a dry topic. Here’s the summary I put on Twitter:

The House was founded. It was good, then bad and then ominous. Then it was good again. Then there was Newt Gingrich, Clinton, 9-11. The End.

This evening I started reading Eugen Sledge’s With The Old Breed. Sledge was an Auburn man, from Mobile. He fought in two of the most brutal battles of the Pacific before he turned 21, enrolled at Auburn after the war and had a long and successful career as a professor at the University of Montevallo. The HBO miniseries, The Pacific, was based in part on his book. Just a few pages in, but it is a universally well-received book. I’ll let you know.

Best video of the day? Glad you asked.

Finally, where were you 30 years ago today? I don’t remember that as it happened, but you might. Watching the contemporary television coverage is fascinating.


29
Mar 11

Springtime

Dogwoods

Now if it only felt like spring. It is cold, and this is no fun. The high was 58 and it dipped into the 40s, but this was the cold version of the low 40s.

Busy day today, class, the newspaper, radiation. Don’t panic. Your microwave, when it is cooking your television wrapped in aluminum foil, emits more bad stuff. Just don’t go outside and lick caterpillars and you should be fine.

I blame this guy, ousted state supreme court justice Roy Moore. He’s more radioactive than anything else in the air around here. Drummed off the bench because he misread the times in defying a court order, badly defeated twice for the GOP nomination for governor and now he’s considering running for president.

In one of my recent comps questions I was asked to design experiments that would help a potential candidate determine a.) if she should run and b.) how she should run. The only solution I did not include was “Float a trial balloon and read the comments.”

Here’s my favorite from that story, the easy majority of which are adamantly against our old friend Roy Moore running for president.

“Roy Moore will become the Shorty Price of presidential elections.”

Here’s longtime political reporter Bob Ingram, many years back now, reminding people of Shorty Price.

There’s a restaurant I occasion with a picture of Shorty Price hanging in the restroom. The guy was such a character that he probably would have appreciated that gesture.

Roy Moore is no Shorty Price, though.

In class today we heard a presentation on social media tools, which was nicely done by the students. I’m working on this and that, elsewhere. Trying to get my act together for the dissertation. I started recycling a bunch of old newsprint today, too. ANd the student-journalists are hard at work putting together their paper for the week. Hard to believe their year is almost over, they’ll only have four more issues after this paper.

Took part in a teleconference tonight with Public Square an online organization with the goal of fostering debate on political, legal and social issues. I mention this because I get to serve on the board of directors there. They are thoughtful people doing interesting work with big ideas. Also, the call was in high definition. I hadn’t realized that had become a necessary function of the conference calling business, but there it was, in beautiful bit rate. The sound effects are still pretty basic, though.

And then there’s this. I’m guessing it will be ugly for two days and then disappear for a long while. Then it will come back again with more ground-shaking, but plausibly odd assertions, which is all you need as evidence in the sporting world these days. We’ve seen these things before, you see.


28
Mar 11

It is blurry

Yesterday … yesterday was a day. It. Would. Not. End.

Which sounds negative, but let me tell you why it was not. I woke up in the 501 area code. I had a late breakfast with my lovely bride. I took her to The Old Mill:

OldMill

(A little more on this place soon.)

And then we drove. After a few hours we made Memphis. Then we started trekking through Mississippi, taking the scenic route. Pine trees. We saw pine trees. We raced the rain the whole way.

And then back into Alabama, where we saw pine trees — these growing taller and straighter. We hit Birmingham just in time for dinner and made a literal mid-intersection choice to visit Dreamland. And then we drove home. This took the whole day. The trip got so long that she found herself dancing along to Miley Cyrus song. I did not dance, I merely nodded my head like “Yeah.”

When I lived in Little Rock years ago (this is the last time I’ll mention it) I made the trip from central Arkansas to Birmingham quite frequently. The trip feels a lot longer now. I’m older. Also I drive a little slower.

So we made it home, petted the cat and I loaded up the laundry. Sat down on the sofa and almost fell asleep there before the spin cycle ended.

Today it was back at it. The library, back on campus, back in class and having a grand time.

One of my colleagues asked me to guest lecture for her. Knowing that she has a very high-energy style I resolved to be very enthusiastic myself for the day. Did anyone ever mention it is hard to be an informative comedian while talking about building web pages?

Most of my off-the-cuff jokes worked just fine. I had to wing part of the presentation because my printer jammed and the server knew it was Monday, but things went fairly well.

And then there was reading to do, and that’s been the rest of this day, which has just drifted into haphazardly drifted into yesterday and promises to lazily stretch into mid-afternoon tomorrow.

Several updates to the LOMO blog today. Twitter always, and other stuff later this week when I can get to it.

Is it the weekend yet? How about now?


27
Mar 11

Catching up

We’re on the road today. All day. On days like today the road can take you over. To keep that from happening to you, pictures!

McElroy

Auburn’s Casey McElroy drove in four runs last Sunday, including two in a four-run eighth inning to beat Arkansas and win the weekend’s series.

Gamache

Dan Gamache drove in a run off this pitch, to help win that Arkansas game, 8-7.

Safe! The Tigers weren’t so fortunate this weekend. They were swept at Mississippi State.

Anderson

Later that same day last weekend Samford’s women’s basketball team made their first ever appearance in the NCAA Tournament in first round action at Auburn. The Lady Bulldogs fell to a tough Florida State squad, but Paige Anderson played her heart out. She only registered seven points, but was pure hustle. Turns out I took her picture in high school, too, when she won a state championship.

Hill

Savannah Hill’s off-balance shot fell for two points. (Sort of looks like a foul in there, too.)

Hill

Ruth Ketcham actually played at Auburn for a year before transferring to Samford. She got called upon to run the point late in the game.

Spike

After the game Spike, Samford’s mascot, ran into Hairy, who was getting ready to watch Georgia play in the second game of the day. They were very cordial. That bone was not used as a weapon.

So Florida State beat Samford, and Georgia defeated Middle Tennessee. The Bulldogs put FSU away in the next round and then fell to Texas A&M. I now know more about early round action of this tournament than I have in years.

Toomers

I took a LOMO picture of one of the Live oaks at Toomer’s Corner on my way out of town the other day. Turns out the poison runs deeper than they’d originally realized, so grim news is a bit more grim. Old leaves are falling off just now for new growth anyway, but it will be the warmth that comes with the spring season that really shows how bad the problem is. Meanwhile, the deranged individual who admitted on the phone to poisoning two trees is awaiting a hearing next month.

You can see more pictures in this particular style on my LOMO blog, which I’m doing entirely from my phone. And as cellphone photo sites go, it isn’t bad. I know this because that site gets a lot more spam than this one.

Chips

The Yankee and I have this joke where I pretend to get indignant at whatever has offended my sensibilities and I announce “I’m going to go blog about my feelings!” I thought these were tasty chips, but she did not like them, so I said that I would write about it, and here we are.

Ren

The Yankee at Famous Dave’s in Little Rock.