| Planned Obsolescense for Fishermen?
I agree with you that the feds foster a disorganized commercial fishing industry. Just last week, they shot down the prospect for organized fishing sectors in New England (seventeen were proposed under Magnuson reauthorization) because the feds said they did not have the manpower to accommodate them in the near term. They know the fishermen essentially won't have time to financially survive the delay. Congress can pass all kinds of legislation, but as always, the devil is in the details of implementation. In this case, it seems simply to be planned obsolescence through attrition. The average age of fishing vessels captains here has risen to fifty-five. The local newspaper in Gloucester, MA did a negative piece on the petition as Gloucester seems to have become very tied to NMFS, where the regional office is coincidentally in Gloucester.
Shep on Fishing: Anglers still finding bass in area waters
It's obvious that fishing is chilling off. Most anglers seem to be thinking more about Santa Claus than striped bass. The waters off Long Beach Island and north of there still have striped bass. They are still picking bass off Cape May County. The beach action has slowed down, but Dan Sheeler at Fin-Atics in Ocean City reported that anglers on boats are still catching them. The Carrie Lynn charterboat out of Ocean City, with captain Glen Foulke, is one of them. Foulke has been putting his charters on big numbers of stripers, including a 28-pounder Wednesday, on the inshore lumps. Foulke said anglers should forget about following the birds and fish the lumps off Corson's Inlet to Sea Isle City. He said to fish the side of the lumps that the wind is not blowing: for example north wind, fish the south side.
Why AT&T's Plans To Filter The Internet Will Only Do More Harm To AT&T ...
Why AT&T's Plans To Filter The Internet Will Only Do More Harm To AT&T (And Everyone Else) from the not-a-good-idea dept AT&T announced last summer that it was going to start filtering traffic for copyrighted content -- so we're still not entirely sure why many in the press seem to think it was something new when discussed at CES a few weeks ago. However, this new burst of attention has many more people pointing out all the reasons this is bad for AT&T itself. As we said, this seems to make no sense at all, unless it's some bizarre attempt to come up with an excuse to get rid of net neutrality. In that post, we noted that any filtering would likely open up additional liabilities for AT&T, potentially losing its safe harbors from being a service provider (safe harbors that AT&T itself spent a lot of effort lobbying to have put into the law).
Brief Break for the Mountains
Total snowfall will end up around 8 inches for most areas over the eastern plains. This is a very dry, powdery snow - with a snow to water ratio of about 15:1. Not great for making a snowball, but much easier on your back if you have to shovel. The snow will be easily blown around, so open areas may have some drifting, but the winds will not be too strong with this storm. Interesting that we will have a one-two punch of winter storms around the holidays for the second year in a row. But unlike 2006, the storms of this year are much weaker and wil bring considerably less hassle for the region. The current system will exit the state tonight, with clearing skies and very cold temperatures. Friday will be sunny and cold on the plains, while strong winds aloft spread some snow back into the mountains.
UPI NewsTrack TopNews
WASHINGTON, Jan. 22 (UPI) -- The U.S. Federal Reserve cut the federal funds rate 3/4 point Tuesday in a bid to stem panic on Wall street.
The action brought the rate at which banks loan money to each other overnight down to 3 1/2 percent. It also lowered the discount rate 3/4 point to 4 percent.
The Federal Open Markets Committee said in a statement it took the step, "in view of a weakening of the economic outlook and increasing downside risks to growth."
Eight of the committee members including Chairman Ben S. Bernanke approved the new rate, while William Poole of the Federal Reserve Bank of St. Louis was the sole member to oppose it. Poole said he did not believe the move was warranted before next week's FOMC regular meeting.
With inflation expected and growing fears of a market slowdown, the cut is designed to spur new growth in mortgage lending and other sectors.
GIULIANI'S BUDDIES 'SIT SHIVA' FOR POL LIFE
On financial-disclosure forms released in May, Giuliani reported earned income of $16.1 million over 16 months, including $11.4 million from speaking fees paid between January 2006 and February 2007. But one source said Giuliani Partners, the consulting group that launched the empire, would likely be downsized. Ken Fisher, a former Democratic city councilman who is now a prominent lawyer, said he thought Giuliani's poor performance on the campaign trail would impact his bottom line. "The Rudy Giuliani franchise is clearly not worth the same as it was two years ago," he said. En route to California, Giuliani told reporters he was well aware his strategy of bypassing early primary states carried high risks. "We were defying conventional wisdom. We had no choice but to do that.
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