This Has Nothing To Do With Alan Greenspan | timiacono.com - Part 2

Ukraine Crisis Escalates

This item at the new and improved Vox website depicts the situation in Ukraine where protests and the takeover of government buildings in the country’s eastern region have reignited the crisis that began over the winter and has been on simmer so far in the spring.

As noted in the report, this is how things started in Crimea before that region was annexed by Russia, so, in the words of Jesse Pinkman and Walter Williams, “There’s that.”

Here’s the latest via CNN:


I wouldn’t mess with that guy in the white ski mask.

Saturday Night Live Skewers GM’s Barra

I didn’t see any of GM CEO Mary T. Barra’s testimony last week when she appeared before Congress to answer questions about the carmaker’s faulty ignition switches in Chevies that have led to at least 13 deaths and dozens of accidents, but, based on this take from the crew at Saturday Night Live, it must have been pretty bad to warrant this kind of treatment.

Having spent a couple decades as an engineer prior to turning my attention to financial markets and having become familiar with such things as trouble reports, engineering change orders, and retrofits, I can’t imagine a situation where any engineer would knowingly cover up something that has the potential to kill somebody (or already has).

Fat-Free, Yet Fatter

This NPR story provides a good synopsis of what went wrong decades ago when the U.S. government decided it should get involved in the eating habits of Americans, their efforts ultimately leading to the development of today’s twin epidemics of obesity and diabetes.

This was a classic case of “We’re from the government and we’re here to help” as Sen. George McGovern led a 1970s crusade to get people to eat less fat and more carbohydrates in the mistaken belief that fat was making us fatter and causing heart disease.

This 1954 menu from a Capitol Hill restaurant shows just how much diet (and, as an aside, prices) have changed since then as meat and butter are  prominently featured.

Author Gary Taubes is featured in this story and my wife and I are coming up on our three-year anniversary of our low-carb conversion that he prompted in Why We Get Fat.

This should be required reading for anyone wondering why, once they hit age 30, they gain a pound or so a year and find themselves overweight on their way to obese by middle-age.

The local news has been full of stories about the bison-run on one of the paved roads in Yellowstone National park that preceded a 4.7 magnitude earthquake by a couple weeks.

Here’s the CNN story that includes the video of lumbering bison and, having driven in the park many times with bison on the road, my initial reaction is that I just wish they’d move this fast when we’re behind them because, while looking at the rear end of bison four-across is kind of interesting at first, it is much less so after 15 or 20 minutes.

Apparently some survivalist type thought the end of the world was finally nigh as the volcano that left a caldera 50 miles wide by 30 miles wide (yes, it’s a little bit larger than most volcanoes) was again threatening the  planet.

According to this Reuters report (and the interview subjects in the video above), scientists don’t put much credence in the re-awaking theory but, rather, think the animals were just feeling “frisky” on a warm spring day.

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