People throw around the terms like “mortal lock” and “guaranteed return” all the time, but let’s just say that it would be extremely wise to riskinvest your 401K on the following trifecta:
1. Dialed In
2. Stay Thirsty
Feel free to enjoy a mint julep during the race, but I cannot recommend either a Hot Brown or Derby Pie. While both include so many wonderful ingredients that it’s hard to imagine not liking them, I’ve yet to have a serving of either that justified my affection.
Toyota said Monday it is inevitable the company will be forced to shut down all of its North American factories — including its largest, in Georgetown — because of parts shortages due to the earthquake and tsunami that hit Japan. But the company later countered The Associated Press’s report, noting it has not changed its stance on the “likely” nature of production interruptions.
Toyota spokesman Mike Goss told the AP in Louisville on Monday that the temporary shutdowns are likely to take place later this month, affecting 25,000 workers.
No workers would be laid off, Rick Hesterberg, spokesman for the Georgetown plant, told the Herald-Leader. They would be given three options, as they have during previous work stoppages: take paid vacation; take unpaid time off; or work a normal shift focusing on general maintenance, training or process improvement instead of the traditional assembly work.
Just how long shutdowns last or whether all 13 of Toyota’s North American factories will be affected at the same time is unknown and depends on when parts production can restart in Japan, Goss told the AP.
Toyota later stressed that the company continues “to assess our supply base in Japan.”
Obviously, this isn’t great for the workers at the Georgetown plant, but it’s indicative of how the modern international industrial economy functions. With the gigantic exception of allowing unionization, Toyota fortunately tends to pursue worker friendly policies. Toyota is enormously popular in Kentucky, and not just for the excellent sushi restaurants it’s brought to Lexington and environs. I toured the Georgetown plant last year with the new crop of Patterson students, and can say that the experience of visiting a giant, modern industrial facility is genuinely awe-inspiring.
“As long as I sit at Henry Clay’s desk, I will remember his lifelong desire to forge agreement, but I will also keep close to my heart the principled stand of his cousin Cassius who refused to forsake the life of any human simply to find agreement,” Paul said.
Paul criticized one of the most famous Kentucky politicians, Henry Clay, who at one point occupied Paul’s chosen desk in the Senate. Instead of emulating the Kentucky senator known as the “great compromiser,” Paul praised his cousin, abolitionist Cassius Clay, who was attacked politically and physically for sticking to his principles.
“Today we have no issues that approach moral equivalency with the issue of slavery. Yet we do face a fiscal nightmare and potentially a debt crisis,” said Paul. “Is the answer to compromise? Should we compromise by raising taxes and cutting spending as the Debt Commission proposes? Is that the compromise that will save us from financial ruin?”
Also grudging kudos for not embracing the slavery-abortion metaphor. It would be nice if Paul provided an opening for doing something like replacing the statue of the reprehensible John C. Breckinridge at the old Lexington courthouse and replacing it with Cassius Clay. I plan to do a bit more blogging later on Paul’s foreign and defense policy statements, which are somewhat interesting.
Whatever was left of the gloves in the heated Kentucky Senate race came off tonight. In a televised debate from the University of Louisville, Republican nominee Rand Paul lashed out at his Democratic opponent, Jack Conway — even refusing to shake his hand at the end of the debate — saying to Conway at one point “you demean the state of Kentucky.”
For his part, Conway was not afraid to climb down into the muck and take Paul on. He accused Paul of “joining a group known for mocking Christianity” while the Republican was a student at Baylor University and called on Paul to explain why he once “tied a woman up and asked her to worship a false idol.”
Conway clearly had the line of the night (via Joe Sonka):
As Attorney General of Kentucky, I’m always amused to get a lecture in constitutional law from a self-certified ophthalmologist
Rand Paul, the Republican U.S. Senate nominee in Kentucky, holds a medical degree from Duke University but never received a bachelor’s degree from Baylor University, contrary to several media reports in recent months. Baylor officials confirmed this week that Paul was a student there from the fall of 1981 to the summer of 1984 but never obtained a degree. Instead, he left early when Duke accepted him in its School of Medicine. Doug Stafford, a consultant for Paul’s Senate campaign, said Wednesday that Paul has never said he holds a degree from Baylor, only that he attended Baylor in Waco, Texas. Multiple media outlets, including the Lexington Herald-Leader, made an incorrect assumption, he said. “I guess many people and some in the media have assumed Dr. Paul had a bachelor’s degree but he has never said that,” Stafford said.
You can get into Duke med school without a bachelor’s degree? Way back when, I was late sending my undergraduate transcripts to the UW graduate school. In what was surely a instance of anti-Oregon bias, I received a series of increasingly angry and threatening letters from the authorities until I submitted the relevant paperwork, indicating that I had indeed graduated from UO. Apparently they don’t do this at Duke?
…apparently matriculating students without a BA or BS was unusual, but not unknown when Paul entered Duke.
“Five-hundred twenty starts, I never refused the ball,” Bunning said. “What a joke!”
“He was in the top one percentile,” Bunning said, pinching his thumb and forefinger together. Now, Bunning said, he’s closer to the 50th percentile.
Jim Bunning pitched 104.1 innings prior to his 25th birthday. Strasburg turned 22 last Thursday, and has already pitched 54.1. You’d think that ruining the lives of hundreds of thousands of unemployed Americans would satisfy Bunning, but apparently he’d also like to destroy the career of a promising young athlete.
I’d like to believe that Bunning’s retirement will open up the possibility of a non-embarrassing junior Senator. I’d like to believe that…