Bulls make money.
Bears make money.
Pigs get slaughtered.
September 17th should be a national holiday
… because it’s the birthday of the Constitution and Hank Williams. And also these folks.
Football hall-of-fame inductee George Blanda is 81 today. I’m surprised he doesn’t suit up. Blanda played his last game on January 4, 1976, the 1975 AFC Championship. He was 48.
Supreme Court Justice David Souter is 69.
Coach Phil Jackson is 63. Lots of good people born in 1945 (and we are not Baby Boomers, we are War Babies).
Elvira, Mistress of the Dark is 57. That’s Cassandra Peterson.
Rita Rudner is 52.
Ken Kesey was born on September 17, 1935. The Writer’s Almanac had a great little essay last year that you should just go read. It begins:
Ken Kesey … was born on this day in La Junta, Colorado (1935). He was a champion wrestler in high school and voted most likely to succeed. He married his high school sweetheart and almost went to Hollywood to be an actor and then accepted a fellowship in creative writing at Stanford, where, as part of a VA experiment, for $75 a day, which was good money, he became one of the first Americans to be exposed to a new drug called LSD.
Maureen Connolly was born on this date in 1934. Connolly was the first woman to win the tennis grand slam (1953). She died of cancer at age 34.
The 15th Chief Justice of the Supreme Court, Warren Burger, was born 101 years ago today.
William Carlos Williams was born on this date in 1883. Williams was a physician and poet.
He thought that poetry shouldn’t be full of fancy allusions and abstract ideas, and that there should be “no ideas but in things.” His poems were inspired by the townspeople of Rutherford, especially his patients. A lot of his patients didn’t even know that their hardworking doctor — who delivered more than 2,000 babies — spent his nights and weekends writing poems. Those poems were published in books that include Spring and All (1923), Pictures from Brueghel and Other Poems (1962), and the epic five-volume poem Paterson (1946, 1948, 1949, 1951, 1958) about Paterson, New Jersey, the nearest city to his hometown of Rutherford.
David Dunbar Buick was born on September 17th in 1854. Didn’t know Buick was someone’s name, did you?
Hey Good Lookin’
Hiram Williams was born on this date 84 years ago. We know him as Hank.
Hank Williams is an inductee of both the Country Music and Rock and Roll halls of fame.
Hank Williams’s legend has long overtaken the rather frail and painfully introverted man who spawned it. Almost singlehandedly, Williams set the agenda for contemporary country songcraft, but his appeal rests as much in the myth that even now surrounds his short life. His is the standard by which success is measured in country music on every level, even self-destruction.
The words and music of Hank Williams echo across the decades with a timelessness that transcends genre. He brought country music into the modern era, and his influence spilled over into the folk and rock arenas as well. Artists ranging from Gram Parsons and John Fogerty (who recorded an entire album of Williams’ songs after leaving Creedence Clearwater Revival) to the Georgia Satellites and Uncle Tupelo have adapted elements of Williams’ persona, especially the aura of emotional forthrightness and bruised idealism communicated in his songs. Some of Williams’ more upbeat country and blues-flavored numbers, on the other hand, anticipated the playful abandon of rockabilly.
Hank Williams died in the back seat of his Cadillac. He was found and declared dead on New Year’s Day 1953. He was 29.
America’s Bloodiest Day
“Of all the days on all the fields where American soldiers have fought, the most terrible by almost any measure was September 17, 1862. The battle waged on that date, close by Antietam Creek at Sharpsburg in western Maryland, took a human toll never exceeded on any other single day in the nation’s history. So intense and sustained was the violence, a man recalled, that for a moment in his mind’s eye the very landscape around him turned red.”
Stephen W. Sears
Landscape Turned Red: The Battle of Antietam
The New York Times coverage from 1862 is online.
Antietam gave Lincoln the military victory he needed to issue his Preliminary Emancipation Proclamation on September 22nd. It stated that slaves in states or parts of states still in rebellion on January 1, 1863, would be declared free. The objective of the war had changed.
America’s bloodiest day:
| Killed: | Union 2,000 | Confederate 1,550 | Total Killed: 3,650 |
| Wounded: | Union 9,550 | Confederate 7,750 | Total Wounded: 17,300 |
| Missing/Captured: | Union 750 | Confederate 1,020 | Total Missing: 1,770 |
| Total: | Union 12,400 | Confederate 10,320 | Total Casualties: 22,720 |
As a rule of thumb, about 20% of the wounded died of their wounds and 30% of the missing had been killed (in the days before dog-tags to identify the dead). Accordingly, an estimate of the total dead from the one-day battle: 7,640.
Source: National Park Service
The best single volume on Antietam is Stephen Sears’s Landscape Turned Red: The Battle of Antietam. Sears wrote a good article on the battle in 1989: Antietam: The Terrible Price of Freedom.
Constitution Day
221 years ago today the delegates to the Constitutional Convention met for the last time to sign the document and send it to the 13 states for ratification. In Gouverneur Morris’s immortal preamble:
We the People of the United States, in Order to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defence, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity, do ordain and establish this Constitution for the United States of America.
Click image for larger version of Mike Wilkins’s Preamble, 1987, painted metal on vinyl and wood, 96 x 96 in., Smithsonian American Art Museum, Gift of Nissan Motor Corporation in U.S.A. Wilkins ordered the plates from each of the states.
Best self incriminating line of the day, so far
“The point is, I was chairman of the commerce committee. Every part of America’s economy, I oversighted. I have a long record, certainly far more extensive of being involved in our economy than Senator Obama does.”
Senator John McCain today.
Holy liquidation, Batman, does he even know what he’s saying any more?
World’s Shortest Man, Leggiest Woman Meet
Photos at Huffington Post.
Go ahead and look. You know you want to.
Stocks
According to information found at The New York Times, the total value of all the shares of every stock dropped $4 trillion from October 9, 2007, to September 12, 2008, a loss of 20.9%.
The total value of financial sector stock shares dropped from $1.86 trillion to $980 billion, or a loss of 47.3%.
How’d you do?
The very best line of the day
“If the security of our financial system had been Senator McCain’s number one issue, would he have chosen a spunky mom from Jersey City because, from her window, she could see Wall Street?”
I think Love Story was about McCain, too
Asked what work John McCain did as Chairman of the Senate Commerce Committee that helped him understand the financial markets, the candidate’s top economic adviser wielded visual evidence: his BlackBerry.
“He did this,” Douglas Holtz-Eakin told reporters this morning, holding up his BlackBerry. “Telecommunications of the United States is a premier innovation in the past 15 years, comes right through the Commerce committee so you’re looking at the miracle John McCain helped create and that’s what he did.”
Al Gore, call your office.
Blackberrys by the way are a product of Research in Motion, a Canadian company. They’re having an election in Canada Senator McCain. Try your luck up there. And take Governor Palin with you — you can see Canada from Alaska, so she must be an expert on Canada.
For the record, Al Gore never claimed to have invented the internet. The whole story was bogus.
What got us here
Take a little mortgage business quiz. Match the allegation and the firm.
Allegation
1. Handed out copies of the movie Boiler Room as a training tape
2. Partnered to sell its “PayOption Arms” with a brokerage owned by a five-time felon, whose convictions included gun-related charges
3. Forbade loan officers to check borrower income on certain loans
4. Ran an “art department” in its Tampa office, where documents were altered
5. Settled allegations of institutionalized marketing deception that covered two million customers
6. Developed “FastQual,” a program designed to approve borrowers in twelve seconds
7. Incentivized brokers and loan officers through “yield spread premiums” and other compensation schemes to put borrowers into more expensive loans
8. Tapped two kegs of beer at weekly staff meetings
Institution
A. Citigroup
B. Countrywide
C. Ameriquest
D. IndyMac
E. Merit Financial
F. New Century
G. All of the above
From an excellent profile of the mortgage crisis at Columbia Journalism Review. The answers are in the first comment.
September 16 should be a national holiday
B.B. King is 83 today. Many more B.B. Many more.
King doesn’t play chords or slide; instead, he bends individual strings till the notes seem to cry. His style reflects his upbringing in the Mississippi Delta and coming of age in Memphis. Seminal early influences included such bluesmen as T-Bone Walker (whose “Stormy Monday,” King has said, is “what really started me to play the blues”), Lonnie Johnson, Sonny Boy Williamson and Bukka White. A cousin of King’s, White schooled the fledgling guitarist in the idiom when he moved to Memphis. King also admired jazz guitarists Charlie Christian and Django Reinhart. Horns have played a big part in King’s music, and he’s successfully combined jazz and blues in a big-band context.
“I’ve always felt that there’s nothing wrong with listening to and trying to learn more,” King has said. “You just can’t stay in the same groove all the time.” This willingness to explore and grow explains King’s popularity across five decades in a wide variety of venues, from funky juke joints to posh Las Vegas lounges.
Elsewhere, Betty Joan Perske is 84. As Lauren Bacall she was nominated for best actress in a supporting role for her performance in The Mirror Has Two Faces. Bacall was 20 when she married Humphrey Bogart (he was 45) and just 32 when he died. She was married to Jason Robards from 1961-1969.
Columbo, Peter Falk, is 81.
George Chakiris is 76. You know, Bernardo.
Elgin Baylor is 74.
Had Elgin Baylor been born 25 years later, his acrobatic moves would have been captured on video, his name emblazoned on sneakers, and his face plastered on cereal boxes. But he played before the days of widespread television exposure, so among the only records of his prowess that remain are the words of those who saw one of the greatest ever to play.
Robin Yount is 53.
Robin Yount was a productive hitter who excelled in the field at two of baseball’s most challenging positions – shortstop and center field. Playing his entire 20-year career with the Milwaukee Brewers, he collected more hits in the 1980s than any other player and finished with an impressive career total of 3,142. An every day major leaguer at age 18, Yount earned MVP awards at two positions and his 1982 MVP campaign carried the Brewers to the World Series.
Mickey Rourke is 52.
Jennifer Tilly is 50. Tilly received an Oscar nomination as best supporting actress for Bullets Over Broadway. Better yet she was the voice of Celia, Mike’s love interest, in Monsters, Inc.
Marc Anthony is 40.
Amy Poehler is 37.
Oh Goody, a Commission — stocks will be shooting back up
“John McCain this morning called for a commission modeled on the government’s in-depth investigation of the 9/11 terrorist attack to probe what prompted the financial crisis now gripping Wall St and sending shockwaves through the market.”
Best line of the morning
“But you can only get away with parroting McCain surrogate talking points for so long before people start laughing at you and asking you to become an Amway distributor.”
Best line summing up Monday
“More than 200 years after it was born at the base of a buttonwood tree, Wall Street as we have known it is ceasing to exist.”
Carrick Mollenkamp and Mark Whitehouse in The Wall Street Journal.
The Ugly New McCain
From a change-of-heart column by Richard Cohen that you should read:
McCain has turned ugly. His dishonesty would be unacceptable in any politician, but McCain has always set his own bar higher than most. He has contempt for most of his colleagues for that very reason: They lie. He tells the truth. He internalizes the code of the McCains — his grandfather, his father: both admirals of the shining sea. He serves his country differently, that’s all — but just as honorably. No more, though.
. . .
Palin, no matter what her other attributes, is shockingly unprepared to become president. McCain knows that. He means to win, which is all right; he means to win at all costs, which is not.
Best line of the night (from Tuesday’s newspapers)
“Democracy is not average people selecting average leaders. It is average people with the wisdom to select the best prepared.”
The Radical McCain Plan
A study coming out Tuesday from scholars at Columbia, Harvard, Purdue and Michigan projects that 20 million Americans who have employment-based health insurance would lose it under the McCain plan.
. . .
For starters, the McCain health plan would treat employer-paid health benefits as income that employees would have to pay taxes on.
“It means your employer is going to have to make an estimate on how much the employer is paying for health insurance on your behalf, and you are going to have to pay taxes on that money,” …
Not so venerable any more
These aren’t fly-by-night companies going under, being sold, or in danger.
- Henry, Emanuel and Mayer Lehman founded their firm in 1850.
- WaMu began as The Washington National Building Loan and Investment Association in 1889.
- Merrill Lynch began as Charles E. Merrill & Co. in 1914. Edmund C. Lynch joined the firm in that first year and it became Merrill Lynch in 1915.
- AIG began selling insurance in Shaghai, China, in 1919.
They all made it through 1929.
September 15th is the birthday
… of Jackie Cooper; he’s 86. Cooper’s first appearance in film was in 1929; his last 60 years later. He played Perry White in the Superman films but his real fame was as a child actor, most notably Jim Hawkins in Treasure Island (1934). He was nominated for the best actor Oscar for Skippy in 1931. This is the role where the director got him to cry on camera by telling Jackie (falsely) that his dog had just been run over by a car.
… of baseball hall-of-famer Gaylord Perry, 70.
Gaylord Perry achieved two of pitching’s most magical milestones with 314 wins and 3,534 strikeouts. Distracting and frustrating hitters through an array of rituals on the mound, he was a 20-game winner five times and posted a 3.10 lifetime ERA. With the Giants in 1968, Perry no-hit the Cardinals and starter Bob Gibson. An outstanding competitor, he won Cy Young awards in 1972 with Cleveland and with San Diego in ‘78, becoming the first pitcher to win the award in both leagues.
… of Jessye Norman, 63 today. From a biographical essay by the Kennedy Center:
Jessye Norman is one of the most celebrated artists of our century. She is also among the most distinguished in a long line of American sopranos who refused to believe in limits, a shining member of an artistic pantheon that has included Rosa Ponselle, Maria Callas, Leontyne Price and now this daughter of Augusta, Georgia. “Pigeonholing,” said Norman, “is only interesting to pigeons.” Norman’s dreams are limitless, and she has turned many of them into realities in a dazzling career that has been one of the most satisfying musical spectacles of our time.
… of Tommy Lee Jones. He’s 62. Jones has been nominated for the Best Supporting Actor twice, winning for The Fugitive, but not for JFK. And he was nominated for best actor for In the Valley of Elah, a fine, fine performance. NewMexiKen like Jones also in The Three Burials of Melquiades Estrada. Jones and Harvard roommate Al Gore were the inspiration for Oliver Barrett IV in Erich Segal’s best-seller Love Story.
… of Oliver Stone, also 62. Stone has been nominated for ten Oscars and won three — he won for writing for Midnight Express and for best director for Platoon and Born on the Fourth of July.
Football hall-of-famers Merlin Olsen, 68, and Dan Marino, 47, share this birthday.
County music immortal Roy Acuff was born on this date in 1903.
Roy Claxton Acuff emerged as a star during the early 1940s. He helped intensify the star system at the Grand Ole Opry and remained its leading personality until his death. In so doing, he formed the bridge between country’s rural stringband era and the modern era of star singers backed by fully amplified bands. In addition, he co-founded Acuff-Rose Publications with songwriter Fred Rose, thus laying an important cornerstone of the Nashville music industry. For these and other accomplishments he was elected to the Country Music Hall of Fame in 1962 as its first living member.
Humorist Robert Benchley was born on this date in 1889. In 2005 The Writer’s Almanac said:
He started writing humor as a kid in school. Assigned to write an essay about how to do something practical, he wrote one called “How to Embalm a Corpse.” When he was assigned to write about the dispute over Newfoundland fishing rights from the point of view of the United States and Canada, he instead chose to write from the point of view of the fish.
He’s the grandfather of Peter Benchley, author of Jaws.
Agatha Christie was born on this date in 1890. Two years ago The Writer’s Almanac has this (and more):
During World War I, she was working as a Red Cross nurse, and she started reading detective novels because, she said, “I found they were excellent to take one’s mind off one’s worries.” She grew frustrated with how easy it was to guess the murderer in most mysteries, and she decided to try to write her own. That book was The Mysterious Affair at Styles (1920) about a series of murders at a Red Cross hospital.
Christie’s first few books were moderately successful, and then her novel The Murder of Roger Ackroyd came out in 1926. That same year, Christie fled her own home after a fight with her husband, and she went missing for 10 days. There was a nationwide search, and the press covered the disappearance as though it were a mystery novel come to life, inventing scenarios and speculating on the possible murder suspects, until finally Christie turned up in a hotel, suffering from amnesia. During the period of her disappearance, the reprints of her earlier books sold out of stock and two newspapers began serializing her stories. She became a household name and a best-selling author for the rest of her life.
William Howard Taft, both president and later chief justice of the United States, was born on September 15, 1857:
In 1900, President William McKinely appointed Taft chair of a commission to organize a civilian government in the Philippines which had been ceded to the United States at the close of the Spanish-American War. From 1901 to 1904 Taft served successfully as the first civilian governor of the Philippines. In 1904 Theodore Roosevelt named Taft secretary of war.
After serving nearly two full terms, popular Teddy Roosevelt refused to run in 1908. Instead, he promoted Taft as the next Republican president. With Roosevelt’s help, Taft handily defeated Democrat William Jennings Bryan. Throughout his presidency, Taft contended with dissent from more liberal members of the Republican party, many of whom continued to follow the lead of former President Roosevelt.
Progressive Republicans openly challenged Taft in the Congressional elections of 1910 and in the Republican presidential primaries of 1912. When Taft won the Republican nomination, the Progressives organized a rival party and selected Theodore Roosevelt to run against Taft in the general election. Roosevelt’s Bull Moose candidacy split the Republican vote and helped elect Democrat Woodrow Wilson.
From 1921 until 1930, Taft served his country as chief justice of the Supreme Court. In an effort to make the Court work more efficiently, he advocated passage of the 1925 Judges Act enabling the Supreme Court to give precedence to cases of national importance.
I don’t know about you
… but I prefer politicians that have the courtesy — enough respect for us citizens — to quit lying when they are found out.
The video (9 seconds) was this morning (Monday).
Best line of the day that gives you some perspective
“But since 2000… Put it this way: we have just finished the first American business cycle ever, the first since British settlers landed at Jamestown and promptly began dying of malaria, the first ever in which median household incomes did not grow from peak to peak.”
We’re number what?
But today, John McCain declared that “the fundamentals of our economy are strong” — and also explained that we’re “the most innovative, the most productive, the greatest exporter, the greatest importer.”
Exactly why we’re boasting about being the biggest importer isn’t clear — not to get all mercantilist, but buying a bunch of stuff isn’t a great achievement. And last I looked, we weren’t the greatest exporter; that distinction went either to the European Union, or, if you restrict yourself to countries, Germany.
“Country first” — whatever it means it shouldn’t mean saying we’re number one when we’re not. McCain is supposed to be running for president, not head cheerleader.
Best line of the day, so far
“I could walk from here to Lansing, and I wouldn’t run into a single person who thought our economy was doing well, unless I ran into John McCain…”
Joe Biden
He has no idea
I can understand that there are many reasons an individual might not want to vote for Barack Obama, but I fail to see why anyone would choose to vote for this doddering, mendacious old man. Just watch him — it’s only 28 seconds.
