Re: Seasonal Report

1

Oh man. I made the blackberry pie of blackberry pies, from berries I picked by the river. Wish I could be sure of duplicating it.


Posted by: Megan | Link to this comment | 07-18-10 6:38 PM
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I don't know why, but "Jersey Tomatoes" sounds like a euphemism for something.


Posted by: Moby Hick | Link to this comment | 07-18-10 6:43 PM
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Maybe bald guys with sunburned heads?


Posted by: Moby Hick | Link to this comment | 07-18-10 6:46 PM
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I may simply stop emerging from the bathtub.

When your voices tell you to just relax today. (Hard to see, I know there are better George Booth bathtub cartoons, but cannot find any online.)


Posted by: JP Stormcrow | Link to this comment | 07-18-10 6:50 PM
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2: "If only I had shown him my heirlooms."


Posted by: JP Stormcrow | Link to this comment | 07-18-10 6:52 PM
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As for the being-super-hot thing, I went for a run yesterday in DC and was having serious trouble cooling down afterwards, despite really cold AC and water. The solution in the end? Heebie's ice-chewing trick! Worked like a charm.


Posted by: Stanley | Link to this comment | 07-18-10 7:06 PM
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I wonder sometimes if Stormcrow has an incredibly well organized box of index cards near his computer.


Posted by: Robert Halford | Link to this comment | 07-18-10 7:06 PM
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Being hot apparently makes me want to make hot foods. I just put the recipe for what I made for dinner tonight on the wiki. It was delicious, but it made the kitchen so hot.


Posted by: A White Bear | Link to this comment | 07-18-10 7:10 PM
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The solution in the end?

Not running.


Posted by: apostropher | Link to this comment | 07-18-10 7:10 PM
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7: I used to, but I outsourced it to Google (and my wife would guffaw at the the thought that I could have anything "incredibly well organized").


Posted by: JP Stormcrow | Link to this comment | 07-18-10 7:10 PM
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On heat and tomatoes: I've discovered now two perfectly lovely tomatoes turned to melty rot on their plate on the counter, a pool of tomato water under them, no doubt due to heat. What to do?

I'm putting everything else, pretty much (i.e. pears, bread) in the fridge, but I have a real *no fridge for tomatoes* thing drilled into me.


Posted by: parsimon | Link to this comment | 07-18-10 7:12 PM
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What to do?

Go see a really bad stand-up comic? I mean, there's no reason to let the things go to waste.


Posted by: Stanley | Link to this comment | 07-18-10 7:14 PM
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You could take yours to this remarkably orgy-like event.


Posted by: Robert Halford | Link to this comment | 07-18-10 7:17 PM
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I just hide in the air conditioning all day.


Posted by: essear | Link to this comment | 07-18-10 7:21 PM
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When life gives you rotten tomatoes, make rottentomatoade.


Posted by: apostropher | Link to this comment | 07-18-10 7:27 PM
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Like, the ducts?


Posted by: Eggplant | Link to this comment | 07-18-10 7:28 PM
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14: Me too. It's getting on my nerves. I'm, like, planning my life around air conditioning.


Posted by: parsimon | Link to this comment | 07-18-10 7:38 PM
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Condensers are my weakness.


Posted by: JP Stormcrow | Link to this comment | 07-18-10 7:51 PM
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Had a nice day at the beach today, followed by a trip to my air-conditioned office. It was pretty hot today but nothing too unbearable. It would be nice to have a really good tomato, though.

I can't believe you guys aren't more excited about the tomato-throwing festival in Spain I linked above. I'm thinking about booking a ticket.


Posted by: Robert Halford | Link to this comment | 07-18-10 7:54 PM
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It looks like hell. That would be my hell.


Posted by: A White Bear | Link to this comment | 07-18-10 8:26 PM
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Los Angeles isn't that bad.


Posted by: Moby Hick | Link to this comment | 07-18-10 8:57 PM
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Huh, I miss being in Spain at the right time by 2 days. Not that I would rearrange my trip in order to experience AWB's hell.

It really does look pretty hellish, doesn't it? Like some Bruegelian nightmare vision.


Posted by: essear | Link to this comment | 07-18-10 9:24 PM
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You guys are all like mineshaft, mineshaft, transgressive sexuality, blah blah blah but when it comes time to step up to some actual group homoeroticism, it's all "woah! that looks like hell!"

I'm onto your game.


Posted by: Robert Halford | Link to this comment | 07-18-10 9:28 PM
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I'd rather go to an actual orgy than get punched in the face, have wet underthings, and smell like food all day, yes. And I have turned down all invitations to orgies.


Posted by: A White Bear | Link to this comment | 07-18-10 9:38 PM
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My last reaction, in extreme weather conditions, is "I would like to spend this time in a crowd."*

* To be sure, I have huddled with others for warmth on very cold nights.** It doesn't work that well, really -- it is incrementally less miserable than being alone.***

** The coldest of which I spent wondering, sincerely, whether I would lose my feet to frostbite.

*** And hugging a tree stump. Don't judge me.


Posted by: Flippanter | Link to this comment | 07-18-10 9:46 PM
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We're into week four or five of our garden tomatos. Where by "garden" I mean "large pots placed in the driveway in the only spot that gets light", but it's enough. Sprite, Sungold, Legend, Lime Green Salad, and Stupice. Beefsteaks are boring.


Posted by: Nathan Williams | Link to this comment | 07-18-10 9:57 PM
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What? Huddling with others for warmth in conditions of extreme cold works better than, well, than stalking off by yourself.

Tangentially: you've read "How to Survive in the Woods", right?


Posted by: parsimon | Link to this comment | 07-18-10 9:59 PM
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Our garden tomatoes have only now started coming ripe (stupid cold wet June), but I had a fresh sungold the other day and I can be patient for that kind of goodness.

It's quite pleasant here in middle country. Y'all should come visit. It's been hot enough for my wife to complain about it, but that start at like 80 degrees, so...


Posted by: Jimmy Pongo | Link to this comment | 07-18-10 10:05 PM
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27: If I wanted to read, I'd go to school. I have not read it, but I've read some similar books (like The Jungle Is Neutral -- titles that make one wonder why women put up with men's pompous braggadocio, even as one indulges in it) and taken field courses along similar lines. As a rule, the back of the book never mentions that one of the tricks is the ol' T.E. Lawrence/G. Gordon Liddy "not minding it."


Posted by: Flippanter | Link to this comment | 07-18-10 10:13 PM
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You've got to be fucking kidding me. You people have tomatoes already? We're lucky if the plants are even flowering.

Insanely late end to the rainy season has screwed up everything, and worse, it brought mosquitoes. One of the first things I noticed when I moved here was that people didn't need screens on their windows. Imagine it! But now the mosquitoes are everywhere. All is ruined.


Posted by: Jesus McQueen | Link to this comment | 07-18-10 10:18 PM
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In MN they're saying the wet is causing mosquitos eggs from two years ago to hatch (relatively dry the last two years), so bumper crop.

Also apparently this year represents a renaissance of earwigs, but I haven't personally had the pleasure.


Posted by: Jimmy Pongo | Link to this comment | 07-18-10 10:22 PM
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On the bright side, my neighbor whose garden I've been watering for the past two weeks has returned and given me a bottle of 12-year-old single malt Scotch. And do you know what it's called? Tomatin. That's so plate of shrimp.


Posted by: Jesus McQueen | Link to this comment | 07-18-10 10:22 PM
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I don't doubt that your field courses were excellent. I've never taken such things, and am a total amateur. I just had a moment of sympathy, and thought of a bit in "How to Survive" which explains that IF you can build a fire, and IF you have boulders or a cliff-face around, you want to situate yourself and the fire in a counter-intuitive way: build the fire against the cliff-face, with yourself facing it.*

Do not put yourself back against the rock wall with the fire in front of you. That's dumb.

* See, that never would have occurred to me. So the book is okay.


Posted by: parsimon | Link to this comment | 07-18-10 10:23 PM
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33 to 29.

I knew of a band called Plate o' Shrimp. That phrase actually means something?


Posted by: parsimon | Link to this comment | 07-18-10 10:25 PM
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33: That makes sense. Also, and this advice has filled me with fear since I first heard it, when you pick a campsite, you have to select not only for protection from the wind but from the danger of trees and rocks falling on you while you sleep. I have never felt at all confident about that part.


Posted by: Flippanter | Link to this comment | 07-18-10 10:28 PM
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35: Hm. Where are we camping again? I can see not setting up underneath an overhanging rock or something, but the trees? The trees are in danger of falling? What is wrong with these trees?


Posted by: parsimon | Link to this comment | 07-18-10 10:34 PM
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34: It's from Repo Man.


Posted by: Jesus McQueen | Link to this comment | 07-18-10 10:43 PM
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38

Sorry, I forgot you might not be able to see that. Did you finally upgrade your internet access, or are you still in beep-boop-krsch mode?


Posted by: Jesus McQueen | Link to this comment | 07-18-10 10:46 PM
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38: Shh.

I'm off to bed.


Posted by: parsimon | Link to this comment | 07-18-10 10:49 PM
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40

It's been in the 70s and sunny across the bay during the day. Too bad that's not where I live.


Posted by: fake accent | Link to this comment | 07-18-10 10:49 PM
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41

Here at Chaco it got up to 100 degrees today. But it's a dry heat.


Posted by: teofilo | Link to this comment | 07-18-10 11:17 PM
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It's been cooler here. But a lot wetter. And windy - my washing line got broken.


Posted by: asilon | Link to this comment | 07-19-10 12:43 AM
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KR and Fleur had awesome tomatoes at their house last year. I want to go again and eat them. And sing karaoke!


Yesterday BF was very wonky from the weather, and we have AC.

I went to the beach at Memorial Day, and it was gorgeous and hot, but the water doesn't warm up (outside of Nantucket and the Vineyard) until August. So, I was hot, but it was too cold in the water to cool off comfortably.


Posted by: Bostoniangirl | Link to this comment | 07-19-10 5:39 AM
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Jesus,

My aunt used to live in your area, but she now lives in Ashland. I think that their growing has gone well.


Posted by: Bostoniangirl | Link to this comment | 07-19-10 5:40 AM
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Yesterday afternoon I went for a walk on the American Tobacco Trail, the southernmost part of it where it crosses over from Durham County to Chatham County. It's a stretch of graveled and/or paved trails through the woods with a bridge over a large creek and occasional glimpses of the homes of extremely wealthy people who have gone to great lengths to let the rest of the rubbish know where their properties begin. It felt blazing hot when I started but then thunderstorms started moving in and bringing some really amazing breezes with them. That cut my walk in ~half though it never actually rained on me; I chickened out due to big booming thunder. Either that section of the trail is woefully underutilized or not a lot of other people decided to defy the weather report, as I saw maybe ten other people in the two hours or so I spent walking. When I got back to the car I experienced air conditioning like never before. Amazing.

Oh, fuck to oboe, I just channeled bob.


Posted by: Robust McManlyPants | Link to this comment | 07-19-10 6:41 AM
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Off topic, but this bears on the story of the $800 repossession from a few weeks ago: trying to collect a debt that doesn't exist, from the wrong person, by seizing property belonging to another person who is also the wrong person.


Posted by: Alex | Link to this comment | 07-19-10 6:45 AM
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That story is insane, Alex! Would make a good law school final question: identify each and every potential cause of action and defendant arising out of the stated facts.


Posted by: Di Kotimy | Link to this comment | 07-19-10 7:21 AM
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41: Fist bump.


Posted by: Megan | Link to this comment | 07-19-10 8:03 AM
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I'm a little sunburnt from walking across snowfields on Saturday, but otherwise, nothing to complain about in our sweet short summer.


Posted by: CharleyCarp | Link to this comment | 07-19-10 8:07 AM
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What's been really maddening about the heat is that I haven't been on my bike for three weeks. Combination of the heat, vacation, a bad cold I brought back from vacation, and it's just been ages.


Posted by: LizardBreath | Link to this comment | 07-19-10 8:37 AM
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Oh LB. Your bike loves you. It will wait for you patiently. When you are reunited, things might be a little awkward for a couple blocks, but then the two of you will make beautiful music take a magic carpet ride get going pretty good together.


Posted by: Megan | Link to this comment | 07-19-10 8:45 AM
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Once upon a time, every US schoolboy and girl knew that there were truck farms in New Jersey. We didn't quite know what a "truck farm" was (like a junkyard?), but NJ apparently was the place to find them.

From a release by the NJ Agriculture Dept:

New Jersey ranks 2nd in the nation in blueberry production growing 38 million pounds of berries each year.

The state is also 3rd in the nation in cranberry production and 4th in peach production.

And it does pretty well in bell peppers, too.


Posted by: bill | Link to this comment | 07-19-10 8:49 AM
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52: Maybe from this kind of publicity?

Interestingly, Wikipedia says the term basically means vegetable cash crops, and "truck" doesn't mean vehicle (or didn't).


Posted by: Minivet | Link to this comment | 07-19-10 8:53 AM
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"Truck" in "truck farm" means commerce -- it's the same usage as "have no truck with". A truck farm grows fruit and vegetables for sale to consumers.

And there's a reason they call Jersey the Garden State. It's a shame about all the suburbs sitting on good farmland, but there's a still a lot of farmland left.


Posted by: LizardBreath | Link to this comment | 07-19-10 8:55 AM
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We still call vegetables "row crops" or "truck crops", and people understand that to mean something pickers would harvest for purchase at the grocery store. (I had always thought it came from being loaded on trucks, so I was wrong about that.) Grains and feed are "field crops" even if they are also planted in rows.

Now I'm thinking about canning tomatoes, which are clearly truck crops, but are picked by big machine harvesters and don't go straight to the grocery.


Posted by: Megan | Link to this comment | 07-19-10 9:01 AM
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23: For what it's worth, I would totally engage in homoerotic tomato hurling with you. Or pretty much anyone. Peoplez.


Posted by: togolosh | Link to this comment | 07-19-10 9:27 AM
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56: I don't know if I'd like large-group tomato hurling, but it seems like it could be fun among friends. That's how I feel about a lot of things, though I can't think of a way to write that sentence without implying "laydeez" should end it.

||
Finally just saw bad photos of the 16-year-old I was asking about. He's clearly tall, his feet are huge, and he's not ridiculously think. Since he doesn't have aggression problems, I'm not worried about being so much smaller than he is. He seems great. But thank you for all the help when I was trying to figure things out!
|>


Posted by: Thorn | Link to this comment | 07-19-10 9:37 AM
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but the water doesn't warm up (outside of Nantucket and the Vineyard) until August

Buzzard's Bay was already warm enough for swimming in June this year. The wind picks up in the afternoon, though; the water can be bathtub warm in the morning and a little too cold for comfort by 2pm.


Posted by: Blume | Link to this comment | 07-19-10 9:37 AM
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but I have a real *no fridge for tomatoes* thing drilled into me.

Abslutely, if you're going to eat them cold might as well buy the styrofoam varieties they sell at the store. Which means that when the tomaot crop comes in big i have to do things like make huge amounts of gazpacho, which of course can go into the frig or even the freezer for later eating. When my farmer boy father in law's garden is hopping there's about 3 weeks where I don't eat anything but fresh picked corn and tomatoes/gazacho. best time of the year.

Unfortunately father in law is now 92 and not gardening much, I'm too lazy, and wife's tomatoes have caught some type of blight. The thought of a 2nd year without fresh tomatoes (last year weather was no good, rained all June here in CT) means that i will have to face the end of summer - and start of a new school year - without the great consolation of summer's end.


Posted by: Middle Aged Man | Link to this comment | 07-19-10 9:48 AM
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I find it amusing that the 'local' table at the grocery store has lots of flies on all the tomatos, where as the regular tomatos from a greenhouse in montana or wherever has no bugs on it at all. reminds me of that 'mcdonalds terminates composting program because its food won't decompose' story

last night the power was off, and not having a big fan made life almost unlivable. it was very weird though, there seemd to be like 5volts on the mains, since anything with an LED would just flicker constantly.

I also wish my apartment was smaller, though they don't make smaller in america (at least outside manhattan or maybe next to a beach). two window ACs and they still don't do much during the late afternoon.


Posted by: yoyo | Link to this comment | 07-19-10 10:03 AM
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Oh, to be in Jersey, now that tomatoes are here.


Posted by: Sir Kraab | Link to this comment | 07-19-10 10:09 AM
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62

LA near the ocean turns out to be not that bad, but oh my Lord was it ever hot at the amusement park on Saturday.


Posted by: Not Prince Hamlet | Link to this comment | 07-19-10 10:10 AM
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OT: OK, last time I bother you guys with this. Which one of these phones would you get?
LG?
Bb1?
Bb2?


Posted by: A White Bear | Link to this comment | 07-19-10 10:38 AM
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OK, nevermind. I just picked one. I don't know what half these words mean; I just need a global phone that I can email on.


Posted by: A White Bear | Link to this comment | 07-19-10 10:55 AM
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Why wouldn't you get a fancy android phone?


Posted by: foolishmortal | Link to this comment | 07-19-10 10:57 AM
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64: Aaaah! I was just writing a long rambly comment about the relative desirability of keyboards vs. screen space and the utter evil of the MicroSoft Corporation.


Posted by: togolosh | Link to this comment | 07-19-10 11:00 AM
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I'm sort of cheap about phones. I know everyone is sword-fighting with their iPhones and Androids these days, but I can't be compelled to give a shit. I've just gotten whatever came free the last four times I've gotten phones, every two years.


Posted by: A White Bear | Link to this comment | 07-19-10 11:02 AM
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The LG one looks ugly and it looks like it squeezes text on the screen in a barely-readable way.

Of course, I have an iPhone, so I am a brainwashed zombie who thinks aesthetics is the only consideration.


Posted by: essear | Link to this comment | 07-19-10 11:03 AM
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I got the Bb Storm one. At least it doesn't look as douchey as the ones with buttons.


Posted by: A White Bear | Link to this comment | 07-19-10 11:16 AM
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blackberries seem like the sort of thing you only get because your company requires you to get it


Posted by: yoyo | Link to this comment | 07-19-10 11:22 AM
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actually the only thing i really wish my (almost smartphone that is coming up on replacement) phone had was some way to load txt/pdf files to have some reading material for waiting rooms/waiting for lunch partners etc.


Posted by: yoyo | Link to this comment | 07-19-10 11:26 AM
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That was the attraction of the LG phone--it has Adobe Reader and Word on it. While I'm traveling, I have a lot of research to do.


Posted by: A White Bear | Link to this comment | 07-19-10 11:29 AM
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66: I was just writing a long rambly comment about the relative desirability of keyboards vs. screen space and the utter evil of the MicroSoft Corporation.

Then you're the perfect person (not really) for this "pre-review preview" of MS's Windows 7 phone form TechCrunch (the reviewer luvved the keyboard--different strokes I guess).

While lovely, Windows Phone 7 has an absolutely ridiculous mountain to climb. Microsoft is returning as an underdog in an arena where they once reigned as champion -- and they're an underdog with weights tied to their feet and a reputation of being too old to fight. They're miles behind the competition, both in timing and functionality.


Posted by: JP Stormcrow | Link to this comment | 07-19-10 11:33 AM
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I'm surprised the Blackberry doesn't have a built-in PDF viewer. Looks like it's possible to download and install one, though.


Posted by: essear | Link to this comment | 07-19-10 11:35 AM
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Wow, an underdog with weights tied to their feet and a reputation for being too old.


Posted by: rob helpy-chalk | Link to this comment | 07-19-10 11:45 AM
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When Polly's in trouble I am not slow,
It's hip, hip, hip and awaaaaay I go!


Posted by: Underdog | Link to this comment | 07-19-10 11:51 AM
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I don't even really know what a smartphone does except give cokeheads something to do rather than make eye contact, but I guess my stereotypes are several years out of date. It also allows Bave to tell me where things are when I can't find them, and ends fights during Scrabble games.


Posted by: A White Bear | Link to this comment | 07-19-10 11:53 AM
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From all reports the Storm kinda blows. Would cheerfully accept being proved wrong on that.


Posted by: Sifu Tweety | Link to this comment | 07-19-10 12:00 PM
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I turns my friends into less interesting people who can't maintain focus or remember basic manners.


Posted by: | Link to this comment | 07-19-10 12:02 PM
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the Storm kinda blows

Leave the weather forecast alone, pal.


Posted by: Al Roker | Link to this comment | 07-19-10 12:02 PM
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Oh, sorry. I wrote 79.


Posted by: Megan | Link to this comment | 07-19-10 12:04 PM
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79: Was this posted by the smartphone itself? Not only smart but self-deprecating? Have I already been rendered obsolete?


Posted by: peep | Link to this comment | 07-19-10 12:05 PM
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81: What a relief!


Posted by: peep | Link to this comment | 07-19-10 12:05 PM
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81: In retrospect I realize the stupid and self-deprecating niche was still mine.


Posted by: peep | Link to this comment | 07-19-10 12:07 PM
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You are stupid. I am not self-deprecating.


Posted by: OPINIONATED ASSHOLE BLACKBERRY | Link to this comment | 07-19-10 12:12 PM
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Asshole blackberries are the ultimate low-hanging fruit.


Posted by: JP Stormcrow | Link to this comment | 07-19-10 12:15 PM
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Asshole blackberries

Klingons, I think they're called.


Posted by: apostropher | Link to this comment | 07-19-10 12:18 PM
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I know everyone is "sword"-fighting-fencing with their iPhones and Androids these days

Fixed.


Posted by: Minivet | Link to this comment | 07-19-10 12:25 PM
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88: There's another meaning to "sword fight" you might want to consider.


Posted by: togolosh | Link to this comment | 07-19-10 12:44 PM
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Or not. Your call, really.


Posted by: togolosh | Link to this comment | 07-19-10 12:48 PM
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58: Singing beach in Manchester was not warm enough.

Can you get to Buzzard's Bay by commuter rail.

Crane's Beach is also accessible by commuter rail and shuttle.


Posted by: Bostoniangirl | Link to this comment | 07-19-10 12:49 PM
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Raising the bar on Windows Phone 7 stinker reviews.


Posted by: Alex | Link to this comment | 07-19-10 1:18 PM
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The LG phone in 63* looks a lot like my Canadian phone. If it's the same size, the screen is kind of small, but it's possible to adjust the text size. The description says it has a slide out keyboard, which I don't have, so I can't comment on the wait, and I don't have a smartphone, so I can't comment on anything else either. I've been more or less happy with it, but I'm still going to see if I can upgrade to a smartphone.

*btw, fuck you Verizon for forcing me to enter a zip code, but I guess since I don't even know where 22222 is, jokes on you)


Posted by: fake accent | Link to this comment | 07-19-10 7:35 PM
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Oh, never mind. You got a phone.


Posted by: fake accent | Link to this comment | 07-19-10 7:36 PM
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since I don't even know where 22222 is

The People's Republic of Arlington, VA.


Posted by: Stanley | Link to this comment | 07-19-10 7:50 PM
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||

Some Washington Post dude opines on Elizabeth Warren for the new consumer protection agency:

There are two questions in play in evaluating candidates for this, or, frankly, any high government job. First is whether their ideology would lead them toward decisions that are good public policy....
On the first point, the new consumer financial protection regulator will need to balance the protection of consumers from unscrupulous, exploitative, or dangerous loans and other financial products with the benefits that come from financial innovation. We want a world in which fewer people end up in way over their heads in debt or face ridiculous financial fees. But we also don't want a world in which only rich people can buy a house, middle class families can't handle unexpected expenses by putting them on a credit card, and the 21st century equivalent of the ATM will not be invented because a regulator stands in the way.

Whta is he talking about, o people who understand finance? Is this even remotely a realistic risk, or is this like saying "OMG we can't have a a Consumer Product Safety Commission because then people can't put lead in children's toys!!!"

(His second point, about managerial experience, seems more fair to me.)

||>, or not, as you please


Posted by: Witt | Link to this comment | 07-19-10 8:24 PM
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Whta s/b What


Posted by: Witt | Link to this comment | 07-19-10 8:25 PM
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96: They just want to be sure that the stupider consumers can still be fleeced enough that Post reporters don't have to pay fees for checking.


Posted by: Moby Hick | Link to this comment | 07-19-10 8:30 PM
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What is he talking about, o people who understand finance?

He's saying Elizabeth Warren will cause interest rates to shoot to the moon ('only rich people can buy a house')!

"OMG we can't have a a Consumer Product Safety Commission because then people can't put lead in children's toys!!!"

s/b OMG we can't have a a Consumer Product Safety Commission because then people can't feed their children lead.

Seriously, this is nonsense. Even in 1949-1979 when regulations were as tight as they ever got, people bought houses and had credit cards. Putting Warren in charge is not going to cause finance to stop lending money. It might lower their profit margins though, which is why they're unhappy with Warren. I read this as a banking lobbyist push to get Obama to knock Warren out early.

max
['Just the usual sleaze this is.']


Posted by: max | Link to this comment | 07-19-10 8:58 PM
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Yay, max, I was hoping you would be around. Thanks; now I can write my letter to the editor in good conscience.

['Brackets are back! With British quotation marks. {Or possibly inverted commas. Silly phrase}.']


Posted by: Witt | Link to this comment | 07-19-10 9:03 PM
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Thanks; now I can write my letter to the editor in good conscience.

Ah. Go for it. The argument he's making is the same argument everyone made against any kind of reregulation, back before FinReg got off the ground - ANY regulation would somehow 'stop financial innovation'. Somehow stopping 'financial innovation' always results in banks not lending any money anymore (no credit cards, no mortgages, no nothing) which means, heh, all the banks then promptly go out of business. Never happened before, no matter how big the regulatory hammer used.

Damn, that's a stupid argument that guy put up. The more I think about it the more annoyed I get. WTF gets rid of the 21st century equivalent of the ATM? Except a regulation that says, 'the 21st century equivalent of the ATM is banned!' Sheesh.

['Brackets are back! With British quotation marks. {Or possibly inverted commas. Silly phrase}.']

People get confused when I don't use the brackets. They also get unhappy when I DO use the brackets.

max
['Damned if I do, damned if I don't.']


Posted by: max | Link to this comment | 07-19-10 9:24 PM
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102

bakers going gault


Posted by: yoyo | Link to this comment | 07-19-10 10:07 PM
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though really i think the main problem with 'payday lending' etc is that people have shit incomes to begin with (and to borrow against), not anything specific about those people vs. chase/boa/etc


Posted by: yoyo | Link to this comment | 07-19-10 10:09 PM
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96: The editorial is 100% bullshit. Does he think that in '60s and '70s, before regulation, only rich people owned houses?


Posted by: Walt Someguy | Link to this comment | 07-20-10 1:15 AM
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This is so awesome: I don't even really know what a smartphone does except give cokeheads something to do rather than make eye contact.


Posted by: Walt Someguy | Link to this comment | 07-20-10 1:16 AM
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101: Seeing as how 'financial innovation' is what tanked the economy in the first place, I have no problem with stopping it altogether. ATMs aren't financial innovation anyway, they are technological innovation. Financial innovation is finding new ways to conceal fees and penalties.


Posted by: togolosh | Link to this comment | 07-20-10 6:29 AM
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106: It's also finding new ways to conceal risks in things banks are selling to people, and if they get innovative enough, to conceal the risks in their own side of the trade from themselves.


Posted by: Mr. Blandings | Link to this comment | 07-20-10 7:16 AM
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108

To be scrupulously fair, in some cases regulations can have an impact on innovation (I understand some microfinance in India is burdened by regulations on financial institutions), but nothing in megaphone distance of FinReg, or even, say, what Bernie Sanders would impose if he were temporary dictator.


Posted by: Minivet | Link to this comment | 07-20-10 7:31 AM
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The only reason Elizabeth Warren shouldn't head the consumer agency is that she should be secretary of the damn treasury.


Posted by: Sir Kraab | Link to this comment | 07-20-10 7:32 AM
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Or temporary co-dictator.


Posted by: Sir Kraab | Link to this comment | 07-20-10 7:33 AM
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110: Who is going to be the other co-dictator? Zombie Karl Marx?


Posted by: peep | Link to this comment | 07-20-10 7:38 AM
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111: See 108.


Posted by: Sir Kraab | Link to this comment | 07-20-10 7:47 AM
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Though I would consider other nominations.


Posted by: Sir Kraab | Link to this comment | 07-20-10 7:48 AM
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We could use someone smart and self-deprecating, peep, IYKWIMAITYD.


Posted by: Sir Kraab | Link to this comment | 07-20-10 7:49 AM
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But, thanks to financial innovation, I can have a picture of a cat on my credit card so that when I go to McDonald's I can say, "You're buying, but I get to eat the cheezburgur."


Posted by: Moby Hick | Link to this comment | 07-20-10 7:51 AM
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113: Andy Shernoff.


Posted by: apostropher | Link to this comment | 07-20-10 7:55 AM
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117

We'll be voting this fall on a referendum to limit interest for payday and title loans to 35%. Innovate that!


Posted by: CharleyCarp | Link to this comment | 07-20-10 8:02 AM
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117: For purposes of this loan, one year equals 7 days. Calculated as such, the APR of this loan is only 25%.


Posted by: Opinionated Banker | Link to this comment | 07-20-10 8:07 AM
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I can innovate anything that doesn't increase social welfare.


Posted by: Opinionated Banker | Link to this comment | 07-20-10 8:09 AM
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