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Posts Tagged ‘Aretha Franklin

Appointed rounds…

 

Last week, the United States Postal Service announced that it would be ending Saturday letter deliveries as of August, 2013. The decision is partly financial—it will save a couple billion dollars—but then, the post office wouldn’t be going broke if not for a series of legislative mandates so absurd that they make the decision to sponsor Lance Armstrong look almost prudent.

To commemorate the change, The New Yorker has collected a series of its Postal cartoons– “Is the Post Office Being Funny?

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As we check the forecast for rain, sleet, or snow, we might recall that it was on this date in 1969 that a Florida audience enjoyed what they thought was a club performance by Aretha Franklin.  In the end the performer, a woman named Vickie Jones, was arrested for impersonating the diva, and charged with fraud–  but she was sufficiently entertaining that nobody in the club demanded a refund.

 source

Written by LW

February 15, 2013 at 1:01 am

Rich and richer…

click image above, or here, for larger interactive version

One can use the interactive chart above (which is based on income tax data, and is adjusted for inflation to 2008 dollars) to see how average incomes in the U.S. have grown as between any two years from 1917 to 2008, and how that change was divided as between the richest 10% of the population and the remaining 90%.

The Wall Street Journal reports today that

A newly resilient U.S. economy is poised to expand this year at its fastest pace since 2003, thanks in part to brisk spending by consumers and businesses.

In a new Wall Street Journal survey, many economists ratcheted up their growth forecasts because of recent reports suggesting a greater willingness to spend.

One wonders how…  indeed, one wonders how long the dynamic that’s defined the last two decades is sustainable in what is fundamentally a consumer-driven economy.

[TotH to @cshirky for the lead to the tool]

As we ponder the different kinds of heart we might celebrate on Valentine’s Day, we might recall that it was on this date in 1967 that Aretha Franklin recorded “Respect” (with her sisters Carolyn and Erma singing backup).  The tune had been written and recorded by Otis Redding two years earlier, and had done well on the R&B charts.  But Atlantic Records exec and producer Jerry Wexler thought that the song was especially suited to showcase Aretha’s vocal gifts, and had the potential to be a cross-over hit.  He was, of course, right on both counts.

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