…for a fine piece of institutionalized corruption: http://en.wikipedia.org/wiki/General_Motors_streetcar_conspiracy
“In 1949, Firestone Tire, Standard Oil of California, Phillips Petroleum, GM and Mack Trucks were convicted of conspiring to monopolize the sale of buses and related products to local transit companies controlled by NCL and other companies; they were acquitted of conspiring to monopolize the ownership of these companies. The verdicts were upheld on appeal in 1951.[n 9] Bradford Snell summed up the controversial verdict, as the punishment so poorly matched the crime:
“The court imposed a sanction of $5,000 on GM. In addition, the jury convicted H.C. Grossman, who was then treasurer of GM. Grossman had played a key role in the motorization campaigns and had served as a director of Pacific City Lines when that company undertook the dismantlement of the $100 million Pacific Electric system. The court fined Grossman the magnanimous sum of $1.”[n 10]
According to Snell, GM’s own testimony had shown that by the mid-1950s, “its agents had canvassed more than 1,000 electric railways and that, of these, they had motorized 90%—more than 900 systems.”[n 11] The struggling Pacific Electric Railway was purchased by Metropolitan Coach Lines in 1953.
Jesse Haugh, who operated Metropolitan Coach Lines and was a former executive of PCL, had previously purchased San Diego Electric Railway though a separate company in 1948. The remaining streetcars were converted to buses by 1950. The remains of the Pacific Electric Railway and of the Los Angeles Railway were taken into public ownership in 1958; all routes were converted to bus routes. Though federal anti-trust action was taken against NCL, the damage was already done: Los Angeles was dominated by automobiles. Haugh sold the bus-based San Diego system to the city in 1966″
His elder brother: http://www.youtube.com/watch?v=QcNyvCJJXFQ
Not much is new, is it?
Gawd save uhmerica. Who else will? Who would want to?
Olympics starts tonight (Thursday) even though Opening ceremony isn’t until tomorrow.
If you’re in the eastern time zone, they just started 10 minutes ago.
A couple quick thoughts:
This Olympics there is a team figure skating event. It is something like is done in gymnastics, where everyone from a given nation competes for an overall medal before they go on to their individual events.
Note also that the figure skating scoring is a bit different from last time (they want more quads). Now if someone crashes on a quad, if they rotated fully four times before they crashed, they get more points than they would have gotten for a perfectly-executed triple.
Of course, if they land a perfectly-executed quad, they get even more points. But you might see some people crashing on their quad attempts, but not being marked down as much as you would have thought.
It’s not whether you win or lose, it’s how you play the …
interesting any thoughts? I’ll be back tomorrow.
Found at FDL but they didn’t post it on their front page.
I’m just sitting her unwinding and saw this: NASA gets an AMAZING image of a solar flare. (In my browser the image opens up inside the window, but can be magnified by clicking on it.)
This made me wonder how big that flare is in comparison to the size of the earth, so I looked up this comparison of sizes of planets in our solar system to the sun, and the sun to other stars. You may have already seen this. It’s been on the tubes for a while.
I’ve been busy getting ready to move home, so am a bit behind on posts and messages. Will try to catch up, later. Hope ya’all are doing well.