Archive for January 30th, 2013

Chicago murders: Where’s the outrage?

January 30, 2013

Here are some interesting nums …

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According to the Chicago Police Department

Chicago had 513 murders in 2012 … about average for the past 5 years …  but – on the bright side – only about half the number common 20 years ago.

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Though  murder rates were even higher 20 years ago, police “cleared” more two-thirds of Chicago’s homicides then, i.e. arrested & prosecuted somebody.

The clearance rate has dropped below 1 in 3 … largely due to “no snitch” rules of the street.

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Dopes: A-Rod on juice; Ray Lewis on deer spray … say, what?

January 30, 2013

OK, let’s start with the garden variety doping allegation.

Several news sources reported that Alex Rodriguez of the Yankees was “ensnared in a doping investigation once again when an alternative weekly newspaper reported baseball’s highest-paid star was among a half-dozen players listed in records of a Florida clinic the paper said sold performance-enhancing drugs.”

Technical question: What the heck is an “alternative weekly newspaper”?  What is it an alternative to?

The Miami New Times said the three-time AL MVP bought human growth hormone and other performance-enhancing substances during 2009-12 from Biogenesis of America LLC, a now-closed anti-aging clinic in Coral Cables near Rodriguez’s offseason home.

Another technical question: What the heck is an “anti-aging” clinic?  Glad to see it closed.

The New York Yankees third baseman issued a statement denying the allegations.

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Now let’s move to the jaw-dropper: Raven’s LB Ray Lewis Accused of Using Performance Enhancing Deer Spray.

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Econ: Better to be accredited and wrong … or not accredited and right?

January 30, 2013

First. my stake in the game: I consider myself an economist … at heart and by schooling … majored in econ … grad work in applied econ … worked for awhile doing econometrics.

Econ still permeates my marketing strategy work.

So, I was naturally drawn by an article in the UK Independent:

“Fraudster  fools a whole nation: Portuguese economics pundit exposed as conman.”

Just looking at this dude has gotta set off some alarm bells …

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Here’s the story and my take on the question ….

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