Watch out for cars with bumper stickers

From the Washington Post….

Watch out for cars with bumper stickers.

That’s the surprising conclusion of a recent study by Colorado State University social psychologist William Szlemko. Drivers of cars with bumper stickers, window decals, personalized license plates and other “territorial markers” not only get mad when someone cuts in their lane or is slow to respond to a changed traffic light, but they are far more likely than those who do not personalize their cars to use their vehicles to express rage — by honking, tailgating and other aggressive behavior.

It does not seem to matter whether the messages on the stickers are about peace and love — “Visualize World Peace,” “My Kid Is an Honor Student” — or angry and in your face — “Don’t Mess With Texas,” “My Kid Beat Up Your Honor Student.”

H/T Marginal Revolution

Rant of the Week: 6/15/08-6/21/08

As Spengler points out in this rant, the coming economic problems are going to be a rude awaking for America’s slacker generation. Most of the slackers have never experience a serious economic downturn in their lives and have had their every whim catered to by their wealthy (by historical standards) parents.

But will they respond by saying sir and putting on a tie as Spengler seems to think, or will they respond with the rage of revolutionaries?

More flooding….

The Midwest is getting soaked…..

At 90, Mary McMahon is old enough to remember the record-setting floods of 1929, when the Cedar River crested at 20 feet. Thursday morning, she came downtown with her son to compare the flood of her childhood with the flood of 2008.

“I just can’t believe it,” she said, as she stood in front of U.S. Bank on Second Avenue and watched dirty brown river water flowing up the street in front of her. “It was bad then, but it was nothing like this… This is worse, a lot worse.”

Infrastructure is failing….

Engineers and National Guard teams examined dams across this storm-deluged state Tuesday looking for signs of damage from the high water that led to the major collapse that nearly emptied Lake Delton.

The huge breach in an embankment holding back Lake Delton released a torrent that washed away three houses and a stretch of highway. The weekend’s storm also displaced thousands of Indiana residents and was blamed for 15 deaths in the Midwest and elsewhere.

And cities are being evacuated……

CEDAR RAPIDS, Iowa (AP) — The Des Moines River has punched a 100-foot wide hole in a levee, allowing water to gush into an area near the downtown of Iowa’s capital and largest city early this morning.

A mandatory evacuation has been ordered for 270 homes in Des Moines. Many residents have already left the area under a voluntary evacuation request issued yesterday.

Could we stop burning food already?

From the Tristate observer…..

“According to the May 1, 2008 CCC inventory report there are o­nly 24.1 million bushels of wheat in inventory, so after this sale there will be o­nly 2.7 million bushels of wheat left the entire CCC inventory,” warned Matlack. “Our concern is not that we are using the remainder of our strategic grain reserves for humanitarian relief. AAM fully supports the action and all humanitarian food relief. Our concern is that the U.S. has nothing else in our emergency food pantry. There is no cheese, no butter, no dry milk powder, no grains or anything else left in reserve. The o­nly thing left in the entire CCC inventory will be 2.7 million bushels of wheat which is about enough wheat to make ½ of a loaf of bread for each of the 300 million people in America.”

This is what happens when old people make up the bulk of a society

From China Daily……

A draft law in Liaoning province makes it an obligation for adult children to contact or visit their parents regularly.

It is the first legislation of its kind in the country.

The province’s standing committee of the people’s congress recently released the draft – Regulation on Protection of Rights and Interests of the Aged – to seek public opinion.

It is expected to become law by the end of the year.

An article says if children do not live with their parents, they should “often send greetings or go home to visit them”.

Why the rich get richer and the poor get poorer

From Market Movers…..

* In 2004 the typical family spent more than 18 percent of its income on debt payments, while 12.2% of families spent more than 40% of their income on debt payments.
* Nearly half of all credit card holders have missed payments in the last year.
* 15 million Americans use a payday lender each month, borrowing at eye-popping APRs: 35 states allow APRs of more than 300%.
* In the Rocky Mountain West (Arizona, Colorado, Idaho, Montana, New Mexico, Utah and Wyoming), the median APR of state usury limits increased from 36% in 1965 to 521% in 2007.
* A household with income under $13,000 spends, on average, $645 a year on lottery tickets, about 9 percent of all income.
* In the Texas Lottery, 18- to 24-year-old players spend a median $50 per month on lottery play, the highest level among all age groups.