Early ~10:00
1
N.Y. / Region
Senators Call for More Funding to Improve Safety at Rail Crossings
After a deadly Metro-North crash, Senators Charles E. Schumer of New York and Richard Blumenthal of Connecticut have promised a bill providing over $150 million for gates, lights and other changes.
OK, this is amazing, and not in a good way. Greek talks with finance ministers have broken up over this draft statement, which the Greeks have described as “absurd.” It’s certainly remarkable. On my reading, here’s the key sentence:
The Greek authorities committed to ensure appropriate primary fiscal surpluses and financing in order to guarantee debt sustainability in line with the targets agreed in the November 2012 Eurogroup statement. Moreover, any new measures should be funded, and not endanger financial stability.
Translation (if you look back at that Eurogroup statement): no give whatsoever on the primary surplus of 4.5 percent of GDP.
There was absolutely
no way Tsipras and company could sign on to such a statement, which
makes you wonder what the Eurogroup ministers think they’re doing.
I guess it’s possible
that they’re just fools — that they don’t understand that Greece 2015 is
not Ireland 2010, and that this kind of bullying won’t work.
Alternatively, and I
guess more likely, they’ve decided to push Greece over the edge. Rather
than give any ground, they prefer to see Greece forced into default and
probably out of the euro, with the presumed economic wreckage as an
object lesson to anyone else thinking of asking for relief. That is,
they’re setting out to impose the economic equivalent of the
“Carthaginian peace” France sought to impose on Germany after World War
I.
Either way, the lack of wisdom is astonishing and appalling."
2
Business Day
Currency Battle Is Tethered to Obama Trade Agenda
A growing bipartisan majority in Congress is coalescing around a demand that the president include a robust fight on international currency manipulation.
Mark Thoma has the video of Fred Bergsten, yours truly, and Robert Scott discussing the renminbi.
I explain there the
magnitude of the impact: by running an artificial current account
surplus that is 1 percent of the combined GDPs of liquidity-trap
countries, China is in effect imposing an anti-stimulus of that
magnitude — which plausibly means 1.5 percent of GDP. This is not a
small issue."
http://krugman.blogs.nytimes.com/?s=chinese+currency+manipulation
Read all twelve posts for reasoned objections to the proposed legislation.
3
Technology
Obama Calls for New Cooperation to Wrangle the ‘Wild West’ Internet
The president signed an executive order urging companies to exchange data on cyberthreats and receive classified information from the government.N.Y. / Region
Former Army Sniper Pleads Guilty in Murder-for-Hire Conspiracy
Joseph M. Hunter, 49, and two other men had agreed to kill an agent of the United States Drug Enforcement Administration and an informant for $800,000.Health
When Grief Won't Relent
Complicated grief, as it is known, is more than just a life-disrupting emotional response. It can result in a physical and psychological decline.Business Day
China Product Recalled in Australia After Hepatitis Outbreak
The authorities were investigating after five people became sick after eating Patties Foods berries, which were packaged at a Chinese factory.Sports
Playoff Committee Adds Texas Tech Athletic Director as Member
Texas Tech’s athletic director, Kirby Hocutt, was appointed to the College Football Playoff selection committee.Schedule
Date | Opponent | Time | TV | Result |
Fri. Nov. 14 | at California-Davis | 10:00 PM ET | ESPN3 | W 102 - 43 |
Mon. Nov. 17 | at
6
Stanford |
9:00 PM ET | ESPN2 | L 86 - 88 |
Sun. Nov. 23 | vs. Creighton | 1:00 PM ET | ESPN-FC/ESPN3 | W 96 - 60 |
Fri. Nov. 28 | vs. Charleston* | 8:30 PM ET | ESPN-FC/ESPN3 | W 85 - 24 |
Sat. Nov. 29 | vs. Vanderbilt* | 8:30 PM ET | W 91 - 52 | |
Sun. Nov. 30 | vs. Wisconsin-Green Bay* | 8:30 PM ET | W 89 - 53 | |
Sat. Dec. 6 | at
2
Notre Dame |
3:15 PM ET | ESPN | W 76 - 58 |
Fri. Dec. 19 | vs.
25
DePaul |
7:30 PM ET | ESPN-FC/ESPN3 | W 98 - 64 |
Sun. Dec. 21 | vs. UCLA* | 5:00 PM ET | ESPN2 | W 86 - 50 |
Sat. Dec. 27 | vs. Southern Methodist | 1:00 PM ET | ESPN-FC/ESPN3 | W 96 - 45 |
Mon. Dec. 29 | vs.
10
Duke |
9:00 PM ET | ESPN2 | W 83 - 52 |
Wed. Dec. 31 | at East Carolina | 2:30 PM ET | ESPN-FC/ESPN3 | W 89 - 38 |
Sun. Jan. 4 | vs. St. John's (NY)* | 1:00 PM ET | ESPN2 | W 70 - 54 |
Wed. Jan. 7 | vs. Tulsa | 7:00 PM ET | ESPN-FC/ESPN3 | W 98 - 60 |
Sun. Jan. 11 | at Southern Methodist | 3:00 PM ET | ESPN-FC/ESPN3 | W 87 - 28 |
Wed. Jan. 14 | vs. Temple | 7:00 PM ET | ESPN-FC/ESPN3 | W 92 - 58 |
Sun. Jan. 18 | vs. South Florida | 1:00 PM ET | ESPN2 | W 92 - 50 |
Wed. Jan. 21 | at UCF | 7:00 PM ET | ESPN-FC/ESPN3 | W 100 - 45 |
Sun. Jan. 25 | at Cincinnati | 3:00 PM ET | ESPN2 | W 96 - 31 |
Wed. Jan. 28 | vs. East Carolina | 7:00 PM ET | ESPN-FC/ESPN3 | W 87 - 32 |
Sun. Feb. 1 | at Temple | 2:00 PM ET | ESPN2 | W 83 - 49 |
Tue. Feb. 3 | vs. Cincinnati | 7:00 PM ET | ESPN-FC/ESPN3 | W 96 - 36 |
Sat. Feb. 7 | at Memphis | 3:30 PM ET | ESPN-FC/ESPN3 | W 80 - 34 |
Mon. Feb. 9 | vs.
1
South Carolina |
8:00 PM ET | ESPN2 | W 87 - 62 |
Sat. Feb. 14 | vs. Tulane | 4:00 PM ET | CBSS | W 87 - 39 |
Tue. Feb. 17 | vs. Houston | 7:00 PM ET | ESPN-FC/ESPN3 | |
Sat. Feb. 21 | at Tulsa | 3:00 PM ET | ESPN-FC/ESPN3 | |
Mon. Feb. 23 | at Tulane | 8:00 PM ET | ESPN-FC/ESPN3 | |
Sat. Feb. 28 | vs. Memphis | 2:00 PM ET | CBSS | |
Mon. Mar. 2 | at South Florida | 7:00 PM ET | ESPN2 |
Pipelines can follow other rights of way.
Their profits are not essential to the rest of us.
11
U.S.
Law Enforcement Concerns Create Unlikely Alliances in Missouri and Beyond
After Ferguson, white Republicans and leaders from conservative groups joined black lawmakers in backing a bill to limit the revenue Missouri towns can keep from traffic fines.Sports
After an Uneven Week, South Carolina Throttles Vanderbilt
Top-ranked South Carolina ended a week in which it was drubbed by No. 2 Connecticut with an 89-59 victory over Vanderbilt to stay perfect in Southeastern Conference play.Tue. Feb. 17 | vs. Houston | 7:00 PM ET | ESPN-FC/ESPN3 |
Business Day
Eurozone Meeting on Greece, and Walmart Earnings
Eurozone finance ministers will meet Monday on Greece’s bailout; the Federal Reserve will release minutes from its last meeting, on Wednesday; and Walmart will report earnings on Thursday.
OK, this is amazing, and not in a good way. Greek talks with finance ministers have broken up over this draft statement, which the Greeks have described as “absurd.” It’s certainly remarkable. On my reading, here’s the key sentence:
The Greek authorities committed to ensure appropriate primary fiscal surpluses and financing in order to guarantee debt sustainability in line with the targets agreed in the November 2012 Eurogroup statement. Moreover, any new measures should be funded, and not endanger financial stability.
Translation (if you look back at that Eurogroup statement): no give whatsoever on the primary surplus of 4.5 percent of GDP.
There was absolutely
no way Tsipras and company could sign on to such a statement, which
makes you wonder what the Eurogroup ministers think they’re doing.
I guess it’s possible
that they’re just fools — that they don’t understand that Greece 2015 is
not Ireland 2010, and that this kind of bullying won’t work.
Alternatively, and I
guess more likely, they’ve decided to push Greece over the edge. Rather
than give any ground, they prefer to see Greece forced into default and
probably out of the euro, with the presumed economic wreckage as an
object lesson to anyone else thinking of asking for relief. That is,
they’re setting out to impose the economic equivalent of the
“Carthaginian peace” France sought to impose on Germany after World War
I.
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