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Number of posts: 2
Email address: email
Posts by Pat Garofalo:
With the New Hampshire primary now secured by Mitt Romney, the GOP presidential candidates are setting their sights on South Carolina, the nation’s first southern primary. And in one big respect, South Carolina is significantly different from the two states that preceded it in casting votes for the GOP nominee: its high school graduation rate is far lower.
In 2010, New Hampshire had the ninth highest high school graduation rate in the country at 83.3 percent. Caucus state Iowa was third, with 86.4 percent. South Carolina, however, is 49th, at 61.9 percent.
Yesterday, Jefferson County, Alabama, filed the largest municipal bankruptcy in U.S. history, the final step in a sordid tale involving sewers, credit swaps, and some of the nation’s biggest banks. The bankruptcy became necessary “after an agreement among elected officials and investors to refinance $3.1 billion in sewer bonds fell apart.”
The swap deal that sunk Jefferson County was crafted by the mega-bank JP Morgan Chase (in concert with other banks, including Goldman Sachs). As Rolling Stone’s Matt Taibbi put it when describing JP Morgan’s actions in Jefferson County, “here you can see a trail that leads directly from a billion-dollar predatory swap deal cooked up at the highest levels of America’s biggest banks, across a vast fruited plain of bribes and felonies — ‘the price of doing business,’ as one JP Morgan banker says on tape.”
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This past weekend, my wife Jody and I attended a performance of Cyrano de Bergerac performed at the Blackfriar’s Theater in Staunton, Va. Just to hear the language was well worth the one-hundred forty mile round trip. Although I don’t have the skill to read it in the original French, Anthony Burgess’ translation which combines blank verse, prose, and rhyming couplets held our attention for the nearly three-hour performance. He created a contemporary sound for a play written in 1897 by Edmond Rostand based on an historical seventeenth-century troubadour, dramatist, poet, soldier, and sword-swinging duelist known for his razor-sharp wit and w Read on →
I recently had the pleasure of roaming about the grounds of the Carter Center in Atlanta. It was an early Sunday morning before any of the buildings were open and I had the place pretty much to myself except for one lady who volunteers there and was fidgeting around in one of the small side gardens. I didn’t tromp over the entire thirty-five acres, but I covered enough to be impressed with the design and the number of large Oaks that provided much needed shade from the bright sunshine and heat. The visit took me back in time to when I w Read on →
My high school years unfolded in a time when hanging out at drive-ins and burger joints was all we had. We played 45 RPMs by the Beach Boys and William Jan Berry and Dean Ormsby Torrence. You know them as Jan and Dean of “Dead Man’s Curve” and “The Little Old Lady from Pasadena” fame. Surf music was the craze back then in the era of steering wheel suicide knobs, but catching a wave in eastern Georgia wasn’t easy. Cars, though, now that was a different matter. Hot, candy-colored cars possessing names like GTO, Chevelle, Firebird, and Thunderbolt mesmerized us. So there we we Read on →
By now, most of us know that 28 July 1914 marks the formal beginning of WWI when the Austro-Hungarian Empire declared war on Serbia. Within a few days, most of the other nations of Europe had decided to unleash their own dogs of war in a complicated array of alliances that obliged them to come to the aid of their pals and fellow monarchs. Perhaps toward the end of the carnage a few years later, the phrase “How’s that working out for you?” was coined. It’s been quite a century since that war broke out. When the guns starting firing in August, Read on →