All for nought. Junk status looms for Illinois.

Moody’s clears the air: Illinois under review for possible downgrade to ‘junk’ status because of debt crisis

Though the Illinois House of Representatives appears close to overriding Gov. Bruce Rauner’s veto of a tax hike budget plan, and thereby ending Illinois’ more than two years without a full-year budget, Moody’s Investors Service has said it might still downgrade the state’s credit, largely due to Illinois’ unsustainable debt.

Moody’s Investors Service issued a statement July 5 explaining that Illinois is in a deep debt crisis, which the tax hike passed by the General Assembly won’t resolve. Moody’s is reviewing Illinois’ debt and might downgrade the state’s credit to “junk” status even if lawmakers override Gov. Bruce Rauner’s veto of the tax hike and budget proposal and they become law. That’s because the tax increase and budget proposal passed by the legislature don’t tackle the state’s core problems; they merely address the symptoms.

. . . . more more more . . .


TruTV launches LATE NIGHT SNACK featuring Lost Moon Radio

Free advertising here, all about the moon-landing problem you PROBABLY haven’t heard or even thought about. (Compliments of Blithe Spirit)

TruTV launches LATE NIGHT SNACK featuring Lost Moon Radio

Big news! (If you are a Lost Moon fan and enjoy the medium of television.) TruTV has just announced the debut of a new half-hour series, Rachel Dratch’s Late Night Snack, presenting “a carousel of premium comedy segments curated by and premiering on TruTV.”

These segments include limo-based relationship advice from Alec Baldwin, a long-awaited star vehicle for Benjamin the Cat, and “Passive Aggressive History,” a painstakingly researched* series of docudramas chronicling every eye roll, backhanded compliment, and clench-toothed smile behind the iconic events that shaped our world — written by and starring the cast of Lost Moon Radio.

That’s us, you guys! We’re going to be on this show! On television! Adjacent to but not actually interacting with Alec Baldwin!

Honestly, we’re as surprised as you are. More details, teaser images, etc. coming soon. Late Night Snack premieres Thursday, March 3rd, at 11 p.m Eastern/Pacific, right after Those Who Can’t. So set your VCR’s and mark your paper calendars or whatever.

*By “painstakingly researched,” we mean 100% made-up.

Date: 18 Feb

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Catching up with Herman Melville

Consider this from a teacher at Fairfield U., a Jesuit institution:

Taking the thesis seriously, Sealey said, means “to acknowledge that any critical investigation of race should devote some time to the problem that is whiteness.”

She should look up Moby Dick and the pursuit of the white whale seen as dangerous.

It is little wonder that Ahab’s demonic pursuit of the White Whale has become an arch metaphor for our distrust of the other, from racial purity to global terrorism.

“Pondering all this, the palsied universe lies before us like a leper,” as Melville concludes, “and like wilful travellers in Lapland, who refuse to wear coloured glasses upon their eyes, so the wretched infidel gazes himself blind at the monumental white shroud that wraps all the prospect around him. And of all these things the Albino whale was the symbol. Wonder ye then at the fiery hunt?”

I’d take a class that took a Melvillian approach. Otherwise, no.