You must learn to overcome your very natural and appropriate revulsion for your own work.
William Gibson
William Gibson
“This project in downtown Phoenix was supposed to include nearly two dozen luxury homes, priced from $2.8 million to $4.5 million. But by early 2007, the city’s high-end condominium market — which was among the country’s hottest — had become oversaturated. Prices started to fall, and Chateaux on Central’s developer, Central PHX Partners, declared bankruptcy. A local commercial lender, Mortgages Ltd., stepped in that year with an offer to provide nearly $50 million in loans to help Central PHX complete construction. But the deal turned sour, and in March 2008, the developer sued Mortgages Ltd., claiming the lender had not made promised payments. On June 2, 2008, the C.E.O. of Mortgages Ltd., Scott Coles, committed suicide. At the time, one-third of his company’s loans were in default. More than a year later, Chateaux on Central remains unoccupied and unfinished.”
Ruins of the Second Gilded Age - The New York Times Magazine
via Atrios
Netflix
The unlimited streaming feature makes the subscription worthwhile. It’s like an exclusive hulu for 14 dollars a month. Who wants to be my friend?
Balint Zsako - Untitled (Couple), no date
Louise Lawler - Pollock and Tureen, 1984
Silver dye bleach print; 28 x 39 in. (71.1 x 99.1 cm)
The Metropolitan Museum of Art, New York, Purchase, The Horace W. Goldsmith Foundation Gift through Joyce and Robert Menschel and Jennifer and Joseph Duke Gift, 2000 (2000.434)
Silver dye bleach print; 28 x 39 in. (71.1 x 99.1 cm)
The Metropolitan Museum of Art, New York, Purchase, The Horace W. Goldsmith Foundation Gift through Joyce and Robert Menschel and Jennifer and Joseph Duke Gift, 2000 (2000.434)
Applicant has not made any substantial payments on the loans,” the judges wrote in a terse decision and an unusual rejection of the committee’s recommendation. “Applicant has not presently established the character and general fitness requisite for an attorney and counselor-at-law.” Mr. Bowman, 47, appears to have crossed some unspoken line with his $400,000 in student debt and penalties, accumulated over many years. New York’s courts have overlooked misconduct like lawyers’ solicitation of minors for sex, efforts to deceive judges and possession of cocaine. Those instances have led merely to temporary suspensions from practice.
Aspiring Lawyer Finds Debt Is Bigger Hurdle Than Bar Exam - NYTimes.com
Aspiring Lawyer Finds Debt Is Bigger Hurdle Than Bar Exam - NYTimes.com
I’m not sure if I’m ever going to switch over to reading the Chicago Tribune. I know I haven’t lived in New York State for a while now, and have lived in Massachusetts and Arizona since then as well, but I can’t stop reading the Times.
Roxy Paine - Maelstrom, 2009
130’ x 45’, stainless steel
The Iris and B. Gerald Cantor Roof Garden
The Metropolitan Museum of Art, New York, NY
April 28 - October 25, 2009
130’ x 45’, stainless steel
The Iris and B. Gerald Cantor Roof Garden
The Metropolitan Museum of Art, New York, NY
April 28 - October 25, 2009
Schwarzenegger reclined deeply in his chair, lighted an eight-inch cigar and declared himself “perfectly fine,” despite the fiscal debacle and personal heartsickness all around him. “Someone else might walk out of here every day depressed, but I don’t walk out of here depressed,” Schwarzenegger said. Whatever happens, “I will sit down in my Jacuzzi tonight,” he said. “I’m going to lay back with a stogie.
Who Can Possibly Govern California? - NYTimes.com
Who Can Possibly Govern California? - NYTimes.com
via nezua
It was only the second time the state had adopted the emergency payment method since the Great Depression. The National Conference of State Legislatures had no record of any other state’s ever using them. It was unclear whether the i.o.u.’s, known as warrants, would be accepted by all of the banks in California, which were caught off guard by the move and seemed hesitant to entrust the state to repay the them — at an interest rate of 3.75 percent — in October, as promised. The controller, John Chiang, issued 28,742 warrants totaling $53.3 million. If state lawmakers fail to reach a budget agreement by the end of August, the amount would grow to $4.8 billion.
Coffers Empty, California Pays With I.O.U.’s - NYTimes.com
Coffers Empty, California Pays With I.O.U.’s - NYTimes.com
Sorry if I focus too much on California for your taste in the next couple of weeks. This is going to be… bad.
The losses for June brought the tally of jobs shed since the beginning of the recession to 6.5 million — a figure equivalent to the net job gains over the previous nine years. “This is the only recession since the Great Depression to wipe out all jobs growth from the previous business cycle,” Heidi Shierholz, an economist at the labor-oriented Economic Policy Institute in Washington, said in a research note. She called this fact “a devastating benchmark for the workers of this country and a testament to both the enormity of the current crisis and to the extreme weakness of jobs growth from 2000 to 2007.
467,000 Jobs Lost in June, Far More Than Expected - NYTimes.com
467,000 Jobs Lost in June, Far More Than Expected - NYTimes.com
Yes, please.
More than 500 Chicago Public School employees were given pink slips Wednesday in what officials said was the largest round of layoffs to ever hit the nation’s third-largest school system. The 557 job cuts, along with other savings, should shrink the system’s $475 million deficit to $375 million. Yet another round of cuts is expected. […] The positions included 167 people in “professional mid-management” making $78,000 to $90,000 a year, Bond said. Human Resources and Information Technology departments in particular were hard hit. […] The only axed “citywide” jobs Bond could name were “food service” workers, “supervisors” of unspecified people and reading coaches — a job invented in response to Mayor Daley’s reading push. However, Bond said, “The positions that have been eliminated will be redirected close to the classroom.
CPS axes 557, with more layoffs ahead :: CHICAGO SUN-TIMES
CPS axes 557, with more layoffs ahead :: CHICAGO SUN-TIMES
These state and city budget issues are just going to get worse. Unemployment is going to continue to rise which will further depress tax revenues while at the same time more individuals will be using social services.
When you listen to a song like LoveGame, is it communicating my soul to you?” Gaga asked. “No … I make soulless electronic pop. But when you’re on ecstasy in a nightclub grinding up against someone and my music comes on, you’ll feel soul.
Lady Gaga: I make soulless electronic pop | guardian.co.uk
Lady Gaga: I make soulless electronic pop | guardian.co.uk
I’m impressed by this one.
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