Lovely: An oil rig has exploded 80 miles off the coast of Louisiana, with 12 people overboard and one missing, the Coast Guard said Thursday morning. UPDATE: The rig is owned by Mariner Energy. And leased to….??? Well, we don't know yet. UPDATE #2: It bears mentioning that this is NOT a deep-sea oil well, unlike BP's Deepwater Horizon, and reports are … Read More
Discovery Channel Bomb Guy
UPDATE: From 2008, someone caught a Youtube video of a protester outside the Discovery building, throwing money. Yes, the money-thrower is apparently the same dude. UPDATE: Some posts about Lee and his earlier protests. View it soon before the site crashes. UPDATE: From 2008, a blurb about his arrest following an unarmed protest of Discovery. *** It started at 1:00 pm EST. The … Read More
Earl Update
As of 11AM EDT Hurricane Earl is still tracking toward the outer banks/DC area as a category 3 and is still projected to turn in time to spare the region the full brunt. The NHC image shows why this is really a close call: presently, Earl is headed right at the middle of the east coast and some intensification is still possible. But it … Read More
Executive Pay
Probably going to be branded a socialist for saying this, but capitalism — at least as it is practiced today — really ain't worth a damn. Unless, of course, you are one of the privileged few. The Institute for Policy Studies (IPS) released its annual report on executive compensation today — “CEO Pay and the Great Recession” — and you … Read More