Questions on the cash crisis

David Cay Johnston, formerly of the New York Times has a list of valid questions on the Wall Street bailout. Definitely worth a look. Hat tip to Talking Points Memo.

To put this plan into perspective, at $700 billion, that puts each American — man, woman and child — on the hook for about $2,300. And it may be even more than that. I think it’s worth taking a step back and a deep breath, and asking what the taxpayers get for if they make such an investment. Is it really necessary? If so, are there unintended consequences? Could the medicine, in time, prove worse than the disease?

Sweeping policies changes made in a rush seem to beg for trouble.

Weekly mileage update

Not a bad week of hoofin’ it. The breakdown:

  • Sunday, Sept. 14, 9 miles
  • Monday, Sept. 15, 2.25 miles
  • Wednesday, Sept. 17, 9 miles
  • Friday, Sept. 19, 4 miles

Total: 24.25. I also registered (finally) for that half marathon early this week. It’s two weeks from today; no turning back now.

Oh, and for those keeping score at home, this week’s total brings me to 257 miles since June 16 when I started tracking mileage here. That kinda mileage would take me from my home in Huntington Woods, Mich., to the far side of Toronto.

Weekly mileage update: victory lap edition

This week, I managed to finally trudge through a trial half marathon. The week’s breakdown:

  • Tuesday, Sept. 9, 9 miles
  • Thursday, Sept. 11, 13.5 miles

Total: 22.5 miles. The 13-miler wasn’t nearly as bad as I thought it might be. In fact, I had originally set out to do nine, and just kept going. That was a bit of a surprise to me, because the nine-miler just two days earlier had left my knee in a grumpy state.

I regret not setting a timer, as I do now for most runs. I did the whole 13.5 in about two hours. Subtracting time for that extra four-tenths, and I estimate 1:57 (maybe :56). Two hours was my baseline goal; I would have been happier with 1:50, but I can work on time later. I’m just thrilled I pulled through.

Three cheers also for the new Nikes. Served me well, and were still comfortable after all those miles.

Weekly mileage update

Later than usual with the update, but better than never. Had a short running week due to time spent on evil plans for a weekend in Ludington. The breakdown:

  • Sunday, Aug. 31, 6.75 miles
  • Wednesday, Sept. 3, 9 miles

Total: 15.75 miles. Aside from a recurring shooting pain on the side of my right knee, these nine-mile runs are getting to be a piece of cake.

In other running news, I finally got a pair of dedicated running shoes. They’re lighter and breathe better than the cross-trainers I’ve been using. At $25, they were a great deal, too, at at a Nike outlet store in Howell. Try to catch me now.

Ambient awareness

I just finished this piece in the New York Times Magazine, and had a few thoughts. Essentially, it takes a sociological view of how sites like Facebook, Twitter and the like affect our lives. It focuses on the news feed aspects of these Web services, and what it means to have the lives of all our friends — close and tertiary — pushed out to us like ticker tape.

Mrs. Blocletters signed up for Facebook before I did, and I probably wouldn’t have joined nearly as soon if she hadn’t. But, like the iPhone (and, coincidentally, partly because of the iPhone), it’s taken a prominent role in my digital life. I get a big kick out of reading updates on others’ lives, which seem at the same time superficial and intimate. I enjoy writing status updates, and have even taken praise for the quality of my statuses (though I’m not sure what criteria one might use to judge).

Why?

What do I care that a former coworker is getting new glasses? Does knowing what friends think of the new “90210″ show — a show I’ll never watch — enrich my life? Not exactly. But Facebook has helped me keep connected with people from jobs past, and even reconnect with some I’d lost track of. That has value in lives like mine (and those of many other Gen X- and Gen Y-ers) where work is prominent in, if not the center of, social interaction.

Facebook also allows me to, in effect, swim in the conversations of people I see regularly. I see current coworkers and we’ve already cut through the initial few minutes of catch-up conversation. I don’t have to ask, “What did you do over the weekend?” I already know, so we go right to, “Did you enjoy that movie?”

Status updates are part reverse Hallmark card and part haiku. It’s interesting to me, a people watcher, that friends share their workaday experiences, and insightful to see the words they use and try to glean the subtext.

As far as my own updates, the article I linked to sums it up: “The act of stopping several times a day to observe what you’re feeling or thinking can become, after weeks and weeks, a sort of philosophical act.” As a headline writer by trade, I find it oddly fulfilling. I’m trained to read a thousand words and boil them down to five. Status writing uses the same toolkit.

I re-read the last few weeks of my updates while writing this — an interesting exercise in itself. A life in small, easily digestible, cartoon balloons. My updates, like those of my “friends” (whether close or casual), are by no means a full account. Still, they convey a bit of me, and for most people, that’s more than enough.

Weekly mileage update

My total was light this week, but it came with a new personal best. The rundown:

  • Tuesday, Aug. 26, 2.25 miles
  • Thursday, Aug. 28, 11.75 miles

Total: 14 miles. I was a bit annoyed because I had no idea how far I’d run on that 11.75-miler. I was trying a new route, which had some good hills to break it up. When I got done, I thought I might have tied my previous best of 11 miles. Then, I measured the route in Google Maps. I was thrilled with the new high score. Still, had I known I was just a mile and a quarter off that test half-marathon, I might have soldiered on. Oh well, maybe next week.

Obama in Detroit for Labor Day

Here are a few shots of the crowd assembled to see Sen. Barack Obama on Labor Day in Detroit.

The candidate takes the stage.

The candidate takes the stage.

The speech begins.

The speech begins.

There were thousands of people downtown — more than I’ve seen for any event. He spoke for only about 10 minutes, and included lots of talk about unions and solidarity, and a moment of silence for potential victims of Hurricane Gustav. It was hot, in the upper 80s. This was as close as we could get: Despite reports that it was a free and open event for the public, you actually needed a ticket to get into Hart Plaze were Obama spoke.

Oh, and the person aiming the camera on the podium had some issues during the introductions before the senator came on to speak. For several minutes, the video on the big screen for the crowds in the Jefferson Avenue cheap seats showed footage about 10 feet to the left of the podium, causing the crowd to chant, “Fix the camera!”

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