Cheers and Jeers: Tuesday
1 minute ago
This is the Elevation Profile from the Lake Washington Loop ride I did Saturday. After looking at it, I feel even better about the ride.
Today I rode the Lake Washington Loop with Russell. He started in Gas Works Park and rode around to Kirkland and I joined him there. Russell had a bit of an incident with his Lightning Phantom so he was riding his Salsa today. The ride was great for me, Russell did 21 miles before reaching me and about 1200 ft of climbing, this had the nice effect of putting me in the lead for most of the ride. This was both of our first time riding the Lake Washington Loop, so there was a bit of navigating and exploration. The ride itself is not too hilly, probably the worst part is Juanita Dr and I got to ride that alone. It is a very nice route for a 40 degree day in the sun. The views are excellent, the traffic light and there were quite a few cyclists out there.
One of the high points for me was running into an group ride of novices on the SW side of the lake. There were about 15 or so of them struggling up a hill. I had the distinct pleasure of passing the entire group while climbing up this hill. Quite the ego boost though they were obviously novices. Recumbents don't get to pass uprights (normal) bikes on hills very often. It was about a 6% grade if my Garmin is to be trusted. The ride was a great experience and I felt great throughout, my left leg was a little tight but I had no problems completing the ride. Overall 54 miles, 2600 ft of climbing and my heartrate stayed in Zone 3 almost the entire ride.
We are a country of law. There are contracts. The government cannot just abrogate contracts. Every legal step possible to limit those bonuses is being taken by Secretary Geithner and by the Federal Reserve system.
Apparently, the supreme sanctity of employment contracts applies only to some types of employees but not others. Either way, the Obama administration’s claim that nothing could be done about the AIG bonuses because AIG has solid, sacred contractual commitments to pay them is, for so many reasons, absurd on its face.
As for how he and his fellow Wall Streeters could still afford such afternoons, he said: "We all made so much money in the past five years, it doesn’t matter."
A 29-year-old man who works for a large investment management firm and was at Bagatelle’s brunch one recent Saturday and at Merkato 55’s the next, put it another way: "If you’d asked me in October, I’d say it’d be a different situation, and I don’t think I’d be here. Then the government gave us $10 billion."
"The thing that upsets me the most, honesty, there are three 24-hour financial networks," Stewart complained. "All their slogans are like, 'We know what's going on on Wall Street.' But then you turn it on during the crisis, and they're like, 'We don't know what's going on!' It'd be like turning on The Weather Channel in a hurricane, and they're just doing this: 'Why am I wet? What's happening to me? And it's so windy! What's going on, I'm scared!' How do you not know?
It all started when Republican Gov. Bobby Jindal falsely accused Democrats of inserting an earmark calling for an $8 billion rail line between Disneyland and Las Vegas. Now, the Fox News-GOP propaganda machine is claiming the nonexistent Disney-Vegas rail line goes straight from Disneyland to the door of the Moonlite Bunny Ranch brothel in Nevada.
The problem is, even if the fictitious Fox News-GOP rail line actually existed, it wouldn’t even get you halfway to the Bunny Ranch, which is located 422 miles from Las Vegas.
The whole thing is a complete lie, another example of how Fox News is really just a partisan news network with zero regard for truth and accuracy.