July, 2009 Archives

East wind

East wind

China probably will surpass the U.S. this year as the country that spews out the most greenhouse gases. At the same time, it is moving quickly to become the number one manufacturer for renewable energy.



Rat Pack

Rat Pack

We caught up with Fred, our favorite talking mouse, in Vegas this week. We found him sunning himself by the pool at the Bellagio, wearing some oversized Ray-Ban sunglasses. What’s with the shades? ”Too much neon. It’s messing up my Circadian rhythm,” he said. ”Besides, I’ve got to keep a low profile. CIA may want me to take over for their chief Congressional briefer. The last piece of limburger they sent over there to testify had more holes in his story than a wheel of Swiss.” When we last left Fred, the loquacious rodent was tucked away at a secret government lab in Wisconsin. As you may recall, Fred granted his first exclusive interview to us after he was successfully implanted with the human gene that governs language and speaking skills. This time, Fred was not alone. He was accompanied by six other mice, who like Fred were hidden behind Ray-Bans and reclining on miniature lounge chairs. ”I like to think of them as my grad students, but one of the Vegas papers is already calling them the Rat Pack. The one with the crooked tail over there is Dino. The clueless one is Joey, and the guy spreading clotted cream on his cracker is Lawford.” The three other members of Fred’s crew suddenly produced top hats and canes and began tapping their way around the pool, humming what sounded like a cross between Motown and Alvin and the Chipmunks. ”They’ve got an audition at the Mirage. Calling themselves The Three Blind Mice. The showstopper is a Four Tops medley.” Fred shrugged his little shoulders and sighed. ”Yeah, I know, it’s pretty cheesy. They can sing, but they can’t count. Maybe they’ll get eaten by Seigfried’s cat.” We asked Fred what he was doing in Vegas. Without missing a beat, he replied: ”Economic stimulus.” We told Fred we had a hard time believing he could write off a trip to Sin City as part of the federal recovery effort. ”Are you kidding? Those bozos are falling all over themselves trying to figure out how to spend it fast enough. I had six federal agencies begging me to come up with a project.” We asked Fred what he came up with. He took a sip from his frosty drink, pausing to flip the lever on a poolside poker slot machine with his tail. ”Small-Scale Urban Infrastructure Survey for HUD. Assessment of Climate-Change Variables in a Dry Desert Environment for DOE and NASA. Swine Flu Casual Contact Vector Threat Level for DHS […]



Talk to the hand

Talk to the hand

The fiscal calamity in California moved closer to the brink of total collapse this week, as the state —which has yet to pass a budget for the fiscal year that began July 1—printed up nearly $600-million worth of IOUs. Unless Gov. Arnold Schwarzenegger manages to miraculously find a way to close a mammoth $24-billion budget gap during the holiday weekend, the first wave of 30,000 promissory notes will start flowing out to recipients, including residents awaiting their income tax rebates from the state. The IOUs will require California to repay the owed amounts, along with substantial interest. The Governator thought he had a deal with the state legislature to approve a budget and stop the fiscal bleeding, cobbled together after months of arm-wrestling, but this package fell apart when voters decisively rejected a referendum authorizing new taxes. Without a budget deal, state officials have confirmed that California will run out of money by the end of this month. The Golden State was among several states, mainly in the West and Southeast, that were clobbered by the collapse of the real estate market. Unemployment in California currently stands at close to 12 percent. In the desperate scramble to avoid a default by the nation’s largest state, which could further drag down the struggling U.S. economy, Arnold has proposed everything from selling the L.A. Coliseum to releasing thousands of prisoners from state penitentiaries. As far as we know, the Golden Gate Bridge is not on the auction block yet, but there are some unconfirmed reports that several Terminator costumes and a Mr. Universe belt have turned up on Ebay. Of the 46 U.S. states that have fiscal years ending on June 30, Illinois and Pennsylvania also have failed to pass balanced budgets while Arizona has passed a partial budget. Connecticut, North Carolina and Ohio have measures in place to keep their governments running until they pass full budgets. So as California residents prepare to celebrate the Fourth of July — which marks, among other things, a declaration that taxation without representation is not acceptable in America — they may find an IOU in their mailbox instead of a tax refund. We’re guessing these notices feature a picture of Arnold over the caption, ”Refund? Talk to the hand. I’ll get back to you.” Which raises some interesting questions: If the citizens of California had simply written ”IOU” on their state income tax returns when they sent them in, would Arnold still be proposing to reduce the state’s prison population? Or would the Governator […]



2009 Business Facilities Rankings Report

The ongoing economic downturn is putting every state to the test, intensifying the competition for a dwindling number of new projects and development initiatives. Our annual look at the top-ranked localities reveals those that are thriving as well as surviving.