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Sunday Open Thread

June 22nd, 2008 · 41 Comments

And for the rest of the slow news weekend updates an open thread for anything on your minds. Today’s musical guest is The Kills, Passion Is Accurate.

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Tags: In the News

Traffic And Roundabouts

June 22nd, 2008 · 3 Comments

Colin McEnroe’s column in the Courant today digs into the recent legislative action on gas prices, by way of a Hartford ode on traffic, dream of a roundabout, knock at the CT DOT and identifying Hartford legislators and their staffs as “stupidheads.” Highlights:

Modern roundabouts — the traffic intersection of choice in many other parts of the world — are statistically safer than signal intersections and they keep traffic moving more smoothly. For those reasons, they have been opposed by the Connecticut Department of Transportation, which believes that people are safest when they have just been in a traffic accident and when their cars cannot move at all.

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Tags: Connecticut · Transportation

The Falling Dollar

June 22nd, 2008 · No Comments

The LA Times chronicles the impact of a falling dollar ’round the world. It’s a good story and you can read into the effects that a continued weak dollar will have on the US economy fairly easy. When our manufacturers in China and India see no profit based on the exchange rate, something will change. Either the dollar will stop being the currency of contracts, something the entertainment industry has already figured out, or that price of manufactured goods will raise erratically. Uncertainty of course is something the industrial world doesn’t like. There’s been many articles writing about the threat of the petro dollar soon becoming the petro euro. Should this happen, all those treasury notes held by foreign companies instantly devalue. If you think credit is tight now ….

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Tags: Economy