Atlas is getting ready to shrug.

[Tyrone Bigguns]

Re: Atlas is getting ready to shrug.

In fact, I was married to my business — hard work, discipline, and sacrifice.

Meanwhile, my friends got jobs. They worked 40 hours a week and made a modest $50K a year

There are no $50K jobs where you only work 40 hours/week. This douche bag doesn't realize how hard and long lowly employees are typically working in most decent-paying jobs.

What a nausiating individual.

In evil Las Vegas, the land of low taxes and limited regulation, 50k jobs are considered mediocre. The best Valet, waitering, bartending, and dealing jobs ALL pay well over 50k for a 40 hour week.

Live there? Been there lately?

I live here, none of what I said has changed. Business is slightly down, and unemployment is up (due to contruction halting). Bottom line is that 50k is still not that hard to acheive.

Oh, if you look at the local economy in a 3-4 month window you might find some fault...but I'll take the 15 year track record I have in Las Vegas over your insight.

So did the developers overbuild just a tad? I saw lots of unfinished homes when I drove around on the way to the river. Loads of deals to be had if you were so inclined. If you wanted to sell your home today could you do it and not lose your ass?

Anyone who bought from 2004 til now would lose their ass. Did they overbuild?? Hard to say, at the time there was demand...false demand propped up by false loans, but demand none the less. Personally I STILL don't think there are a lot of deals out there, just percieved deals based on 2006 prices. I sold at the peak, and am living in one of my condos, but I am still not buying. In the next year I probably will.

We are a tourism based city and peoples lack of confidence in the economy is hurting us, but most people are doing fine. The part time workers are losing hours and hurting a bit, but we are doing better than most the nation.

round these parts, we don't use the phrase 'false demand,' we use 'glorious multiplier effect.'

Well played.

[mraynrand]

Cass Sunstein is to head up the "Office of Information and Regulatory Affairs." He will be the 'Regulatory Czar' in the Obama administration. You can't write fiction or chain e-mails that match this reality. Oh wait, perhaps you can Sunstein is perhaps....Bertram Scudder, editorial writer and advocate of the Equalization of Opportunity Bill.

(actually, Sunstein is quite brilliant, and a strong advocate of FDR's positive bill of rights AKA socialism/communism/critical theory. A worrisome combination)

Chicago professor Cass Sunstein to join his administration
Law scholar will handle regulation issues, transition official says

By Christi Parsons | Washington Bureau
January 8, 2009

WASHINGTON — Cass Sunstein, a longtime University of Chicago legal scholar and prominent author, is set to take up a key cause in the Barack Obama administration: regulation.

The president-elect is expected to name Sunstein—his friend and informal adviser—to head the Office of Information and Regulatory Affairs, a transition official said late Wednesday.

A low-profile position in the current administration, the job is likely to be a higher-wattage one after Obama takes office this month.

Obama has promised an overhaul to federal regulation, specifically of the U.S. financial markets, and Sunstein's job description suggests a sweeping agenda.

"This office is in charge of coordinating and overseeing government regulations," a transition official said Wednesday, "and a smarter approach to regulation is key to making government work better and getting better results in terms of protecting health, the environment, etc."

Besides that, Sunstein brings a measure of star power to the post, as a leading constitutional scholar and the Felix Frankfurter professor of law at Harvard. He joined the Harvard faculty this year after many years at the University of Chicago, where he is still a visiting professor. He and Obama taught there.

Along with economist Richard Thaler, Sunstein is co-author of "Nudge: Improving Decisions about Health, Wealth, and Happiness." It examines how setting up thoughtful "choice architecture" can encourage people to make beneficial choices without restricting their freedom to choose.

Sunstein is the author of many other books and articles, and much of his recent work is devoted to exploring the relationship between law and human behavior.

He is a graduate of the Harvard Law School and a former clerk to U.S. Supreme Court Justice Thurgood Marshall. He also served as an attorney and adviser in the Office of the Legal Counsel of the U.S. Department of Justice.

Sunstein married Harvard professor and Pulitzer Prize winner Samantha Power after the two met on the Obama campaign.

[MJZiggy]

Maybe he'll be the czar of eliminating red tape. If they're wanting smarter regulations, that might a good end result. They didn't put him in charge of economic policy or anything...

[sheepshead]

Cass Sunstein is to head up the "Office of Information and Regulatory Affairs." He will be the 'Regulatory Czar' in the Obama administration. You can't write fiction or chain e-mails that match this reality. Oh wait, perhaps you can Sunstein is perhaps....Bertram Scudder, editorial writer and advocate of the Equalization of Opportunity Bill.

(actually, Sunstein is quite brilliant, and a strong advocate of FDR's positive bill of rights AKA socialism/communism/critical theory. A worrisome combination)

Chicago professor Cass Sunstein to join his administration
Law scholar will handle regulation issues, transition official says

By Christi Parsons | Washington Bureau
January 8, 2009

WASHINGTON — Cass Sunstein, a longtime University of Chicago legal scholar and prominent author, is set to take up a key cause in the Barack Obama administration: regulation.

The president-elect is expected to name Sunstein—his friend and informal adviser—to head the Office of Information and Regulatory Affairs, a transition official said late Wednesday.

A low-profile position in the current administration, the job is likely to be a higher-wattage one after Obama takes office this month.

Obama has promised an overhaul to federal regulation, specifically of the U.S. financial markets, and Sunstein's job description suggests a sweeping agenda.

"This office is in charge of coordinating and overseeing government regulations," a transition official said Wednesday, "and a smarter approach to regulation is key to making government work better and getting better results in terms of protecting health, the environment, etc."

Besides that, Sunstein brings a measure of star power to the post, as a leading constitutional scholar and the Felix Frankfurter professor of law at Harvard. He joined the Harvard faculty this year after many years at the University of Chicago, where he is still a visiting professor. He and Obama taught there.

Along with economist Richard Thaler, Sunstein is co-author of "Nudge: Improving Decisions about Health, Wealth, and Happiness." It examines how setting up thoughtful "choice architecture" can encourage people to make beneficial choices without restricting their freedom to choose.

Sunstein is the author of many other books and articles, and much of his recent work is devoted to exploring the relationship between law and human behavior.

He is a graduate of the Harvard Law School and a former clerk to U.S. Supreme Court Justice Thurgood Marshall. He also served as an attorney and adviser in the Office of the Legal Counsel of the U.S. Department of Justice.

Sunstein married Harvard professor and Pulitzer Prize winner Samantha Power after the two met on the Obama campaign.

I actually thought his whole cabinet was going to look like this.

[mraynrand]

Maybe he'll be the czar of eliminating red tape. If they're wanting smarter regulations, that might a good end result. They didn't put him in charge of economic policy or anything...

It sounds really good, doesn't it? One really smart guy, with only the best intentions, to oversee everything and fix it all. Like a philosopher-king.

[MJZiggy]

Uhhh...where did you get that out of my hope that the regulatory czar might be inclined to cut red tape?

[mraynrand]

Uhhh...where did you get that out of my hope that the regulatory czar might be inclined to cut red tape?

Well, they might be able to just about anything. (I didn't get it out of what you wrote - it came from my own brain).

I just hope we get benevolent Czars to rule us.

[MJZiggy]

It's just a colloquialism. Yeesh.