Tonight! Two men enter, one man leaves as Vice President. (That would be Joe Biden. Who is the Vice President.) But now a new man wants to be a Vice President next time!
Here they settle that grudge when, at 9 p.m., Old Amtrak Joe and Paul Iron Ryan take the stage at Centre College in delightful Danville, Kentucky, for the Debate of the Vice Presidents Who Would Be Vice President. Did you know that Centre College has the highest graduation rate of any college in Kentucky, at 81%!?
Please join us in your living rooms and cafes and offices at 9 p.m. when the festivities begin. But [...]
One thing you don't want to do probably is go a-thieving in a total surveillance society. The Metropolitan Police have set up a Flickr account with pretty pictures of a few people who have apparently gone robbing in North London at some point before or after these images were captured. It's the modern version of the "WANTED" poster, but en masse. Of course, some people have taken to Tumblr to do this vigilante style. In less dramatic imagery of the day, people have apparently taken to the streets with brooms to tidy up. Awww! And more to be found here.
In other, totally unrelated [...]
It's the feel-good story of the morning: Goldman Sachs took $1.3 billion of Libya's money in 2008 and promptly turned it into no money at all, according to the WSJ: "The $1.3 billion of option investments were hit especially hard. The underlying securities plunged in value and all of the trades lost money, according to an internal Goldman memo reviewed by the Journal. The memo said the investments were worth just $25.1 million as of February 2010—a decline of 98%." That is particularly delightful. And then, the panicked firm offered the foul government a number of chances to make their money back, but nothing ever came of it. [...]
I have not always been a Peter Thiel fan—the PayPal founder and Facebook investor's politics and ideas are complicated and sometimes they stem from what I would consider psychological projections (see: affirmative action, although even in that case I totally agree with his embracing a larger concept of "diversity"!)—but honestly, I am on board with about 75% of this extended interview with him in the National Review. One idea in particular is extremely valuable, and we will all be talking about this a lot in the next decade: that America has group-hallucinated itself into an education bubble.
Darrell did not cry when the mortgage crisis killed new home construction, putting him out of work. Instead, he packed up his bags and joined his girlfriend in South Florida, where he found a new job as an in-home salesman, pushing expensive vacuum cleaners and air purifiers to snowbirds and other crazy Floridians. While Darrell is but one of hundreds of such salesman in the South Florida area, we have obscured the city in which he works and changed his name to protect his identity.
The Awl: Every day, you go into peoples’ homes and pitch them really expensive shit. How did you break into the in-home sales industry? [...]
I'm not quite sure what the Times means by "personal liability mortgages" in their fascinating story today on the insanity of foreclosures in Spain, because that phrase doesn't really exist in English. But, yow, I did have no idea that repossession wasn't the end of owing money on loans and mortgages, and that mortgage debt was excluded from bankruptcies in Spain. Maybe there are actually ways in which the U.S. looks out for individuals that is better for people than they way it is done in Europe! Huh. Still, it is hilarious to look back at this BusinessWeek article from 2007, which declares Europe's mortgage and housing and [...]