Is this even news?

From the New York Times…

High school textbooks call it the tongue map — that colorful illustration that neatly divides the human tongue into sections according to taste receptors. There is the tip of the tongue for sweet, the sides for sour and salty, and the back of the tongue for bitter. But recent studies show that while scientists still have much to learn about receptors, the map, at least, is wrong

I had a hard time believing their neat little map in the first place. And I thought it had been disproved some time ago. But the New York Times is making it sound like it is something that they just found out.

On Butchering Chickens

I just got done killing and butchering a number of Chickens when I checked my RSS feeder and found that that Gene Logsdon had put up a post on how he does it. I found it interesting to compare how he does it to how we do it.

One things for sure, Gene is faster then we are. He says…

My wife and I can kill, scald, and butcher four chickens in half an hour, if we’re in a hurry.

If he is truly counting all the steps it takes to get them in a freezer and his wife really is as fussy as he says she is, he has got us beat on speed. And to make matters worse, we have a machine to help us with the plucking (ours looks like this, but if I had to get one now I would probably get this).

I suspect that part of the secret to his speed is this…

Theoretically, the water should not be quite boiling—about 180° to 190°F. is just right. But we let the water come to a boil, then let it sit a bit. Our water is usually a bit too hot, and it cooks the skin a wee bit but this is no problem other than the skin might tear in the defeathering process. A bit of torn skin is no catastrophe either, and eventually you will learn to avoid it. I like to start with the water a bit too hot, so that if we are butchering four or more chickens at once, which we usually do, the water will not be too cool by the time we get to the last one. Better too hot than not hot enough.

I find this quick and dirty approach appealing. I am a naturally lazy fellow. But the Troll would kill me if I tried to do my scalding this way. She does not like it when the skin cooks. She says that it affects the taste. Since she can usually tell you all ingredients in a dish just by tasting it I suppose she is probably right. But if you scald the way we do, it takes longer.

We scald the chickens in water that is around 140 degrees. The amount of time we leave the chicken in the water varies with the age of the chicken. But it is generally close to a minute. The skin does not cook and our machine can still pluck the birds clean without breaking the skin. But I think both the scalding and the plucking take longer than if we did it Gene’s way.

Having said that, I suspect that Gene’s real speed advantage lies in the butchering end of things. He saves some internal organs for later eating (which we do not) and he takes the crop out at the front whereas we pull it through. But if anything those differences should make it take longer for Gene to butcher than it does us.

The real trick is the initial cutting to pull the gut sack out. People who don’t have much experience go really slow so as to not cut into the intestine and release all the crap. I imagine Gene can do this part really fast given how many years he has done it.

Tell Us Something We Don't Already Know, Part II

From Bloomberg…

Fannie Mae may need more than the $100 billion in funding pledged by the U.S. Treasury to stay afloat after reporting a record $29 billion loss and confronting more difficulty in issuing and refinancing debt.

“This commitment may not be sufficient to keep us in solvent condition or from being placed into receivership,” if there are further “substantial” losses or if the company is unable to sell unsecured debt, Washington-based Fannie said in a filing today with the U.S. Securities and Exchange Commission.

Fannie said it has a limited ability to issue debt maturing past one year, citing market conditions, the lack of an explicit federal guarantee and competition from government-insured bank bonds. Fannie, which along with Freddie Mac was seized by regulators on Sept. 6, slashed the value of its assets by at least $21.4 billion for the third quarter and increased credit loss reserves by 75 percent to $15.6 billion. Freddie is required to file its quarterly earnings by the end of the week.

Before long, all debt will be backed by the Federal Government.

They are dropping like flies today

From Reuters—

Circuit City Stores Inc, the No. 2 U.S. consumer electronics retailer, filed for bankruptcy protection on Monday just a few weeks before the start of the key holiday shopping season, becoming the largest retailer to file under Chapter 11 this year.

Circuit City fell victim to tighter credit terms from vendors and a loss of market share to Best Buy Co, Wal-Mart Stores Inc and other rivals.

I can’t say that I have much sympathy for Circuit City. Remember this?

It is all over for DHL

From Reuters….

To battle sliding demand in the United States, Deutsche Post now planned to shut down its domestic U.S. express business and focus on international shipping there. It would spend $3.9 billion on restructuring, $1.9 billion more than previously planned.

The U.S. DHL unit’s full-year EBIT loss would reach $1.5 billion this year, more than the $1.3 billion previously expected.

Europe’s biggest mail and express delivery company already last month cut its full-year profit outlook for this and next year, citing slowing global economic growth, which hit especially its U.S. business.

This only has meaning for some of us. Most of us only use Fed Ex or UPS. But for those of us who were forced into using DHL for one reason or another, this is good news. They did not treat their customers well.

The Endless Bailout

Once you start bailing out business how do you stop? Once they are used to cheap money how do you teach them to hustle? AIG is all over the news again. It is getting another bail out. From Bloomberg….

The U.S. Treasury will buy $40 billion in American International Group Inc. preferred shares, and the Federal Reserve will open two new emergency loan units to finance the company’s securities, the government said today.

The new terms of the government’s assistance are less costly than the Fed’s first loan to AIG on Sept. 16, a statement released in Washington said. The New York Fed gave the original loan to prevent widespread default against AIG creditors in the same week that Lehman Brothers Holdings Inc. collapsed.

Naked Capitalism expresses the rage of many.

More On China's Stimulus Plan

From Marco Man….

Strangely, there appears to be quite a difference in opinion of how significant the package actually is. A number of the measures had been previously announced; still others represent the allocation funds that would have been spent anyways. Moreover, only a minority of the funds are coming from the central government, so the source of the remainder of the money is a trifle opaque.

They don’t really know what to do over there yet. You will know when they are seriously scared when they start selling treasuries.

Will it ever get to that point? Brad Setser makes the point that the bigger the boom the bigger the bust. And China had a big boom.

The Games They Play

From the New York Times…

The United States military since 2004 has used broad, secret authority to carry out nearly a dozen previously undisclosed attacks against Al Qaeda and other militants in Syria, Pakistan and elsewhere, according to senior American officials.

This article is getting a lot of press. You should read it if you have not already.

What disgusts me is that it was necessary to kept raids secret from the American public that Al Qaeda clearly knew about.

Put it another way, everyone acknowledges that Al Qaeda wishes to destroy American. Few people deny that Al Qaeda would inflect serious harm on the US if it was left to its own devices. Yet the fact that US was willing to send soldiers to attack Al Qaeda bases where ever they could be found had to be kept secret because of the fuss it would cause.

This kind of hypocritical action plagued the Vietnam war as well. Nixon’s secret B-52 raids were only secret from the American people, not the dudes getting bombed. When you have to hide what is military necessary from your own people you have problems.