The Swimming Pool Q’s – The Jinx – 08/20/11

From The Swimming Pool Q’s website: Founded in 1978… One of the South’s most enduring creative bands, The Swimming Pool Q’s continue to record and perform their incomparable visionary pop in the 21st Century. If 2001’s deluxe reissue of The…

How today’s stock selloff compares to other bad days . . .

I’ll be back later with some thoughts on today’s huge losses on Wall Street. But for now, via Calculated Risk, is this chart with historical data on the S&P 500. As you can see, this was the 12th worst day…

In keeping with recent trends, lower gas prices as economy weakens

I’m only simplifying a little when I say that when we have recently seen the economy weaken and recession fears increase, gas prices have slipped. That’s a good thing in a weakening economy, but gas prices are still well above…

Edgar Allen Poe house in Baltimore possibly closing: budget cuts can cut us off from history

An interesting piece on Sunday in the NYT: Poe Museum Is Threatened With ‘Nevermore’. (Since I started this draft, the title has changed: Fiscal Woe Haunting Baltimore Poe House). From the piece: For a second year city leaders have chosen…

Savannah native Big Boi arrested on drug charges

Well this is sort of depressing news. The 36-year old rapper Antwan Patton, better known as Big Boi and half of Outkast, was arrested in Miami. According to CNN, bonds of $16,000 were set. Big Boi is a Savannah native…

SMN on a new community struggling in aftermath of housing bust

Adam Van Brimmer has another interesting and detailed piece about a specific sector of the Savannah housing market today in the Savannah Morning News: Berwick victim of poor timing; will be a ‘viable’ market as economy improves, Realtors say. The…

Washington Post: How we “detoured” from surplus to debt

Did Americans not know we were running up massive debt over the last 10 years? Was everyone just ignoring all the bad numbers because of . . . well, what exactly? I’m thrilled that average Americans are now concerned about…

Reminder: One day left to vote for new Georgia license plate

Just a reminder that voting for the new Georgia license plate ends on Monday, August 8th at 3 p.m. Just a few notes on the vote: I posted about some of the confusion and controversy over the optional $1 “In…

How much is music worth? (Or: Is John Mellencamp worth $125?)

On Wednesday morning, when the presale tickets for John Mellencamp’s Nov. 11th show at the Johnny Mercer Theatre in Savannah went on sale, I hopped online at 10 a.m., got the presale password, jumped over to the Savannah Civic Center…

Key things to know about S&P’s rating downgrade of U.S. debt

Last night’s rating downgrade of the U.S. debt by Standard & Poor’s will probably have minimal economic impact. In an increasingly uncertain global economy, U.S. debt still looks like a pretty good buy so we’ll see little if any change…

Not from “The Onion”: Ga. Governor sells property to owner of adult video stores

I’ve written before about the bad property investments made by prominent Georgians. Now there’s this really funny (it is, right?) wrinkle in the saga of Governor Deal and his support for his daughter and son-in-law’s failed attempt at a sporting…

Two slow recoveries in the last decade for U.S. economy

According to the Bureau of Labor Statistics, the United States added a seasonally adjusted 117,000 jobs in June. That’s a fairly weak number, but it was higher than expectations after some of the weak economic data that was recently released.…