Later On

A blog written for those whose interests more or less match mine.

Archive for January 26th, 2016

Paring down the collection: An Edwin Jagger Chatsworth goes to auction

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Chatsworth assembled

I’m continuing to trim the collection. This one is quite nice and would work well as a first razor. In excellent shape; EJ uses heavy-duty gold plating. It’s now on eBay.

Update: Link corrected. Formerly, it took you to a recipe for Mississippi Roast, which I do want to try—thus its presence on the clipboard. (And if any readers have tried this: how was it?)

Written by LeisureGuy

26 January 2016 at 4:44 pm

Posted in Shaving

An example of bad faith from school administrators

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Radley Balko: “Overlooked in this story: Note how privacy laws allegedly passed to protect students are used to protect the school.”

Written by LeisureGuy

26 January 2016 at 10:05 am

Posted in Education, Law, Medical

Is the oil crash the result of a pump-and-dump scheme by Wall Street?

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Perhaps I should say another pump-and-dump scheme (credit derivative swaps, anyone?). Pam Martens and Russ Martens write in Wall Street on Parade:

From June 2008 to the depth of the Wall Street financial crash in early 2009, U.S. domestic crude oil lost 70 percent of its value, falling from over $140 to the low $40s. But then a strange thing happened. Despite weak global economic growth, oil went back to over $100 by 2011 and traded between the $80s and a little over $100 until June 2014. Since then, it has plunged by 72 percent – a bigger crash than when Wall Street was collapsing.

The chart of crude oil has the distinct feel of a pump and dump scheme, a technique that Wall Street has turned into an art form in the past. Think limited partnerships priced at par on client statements as they disintegrated in price in the real world; rigged research leading to the bust and a $4 trillion stock wipeout; and the securitization of AAA-rated toxic waste creating the subprime mortgage meltdown that cratered the U.S. housing market along with century-old firms on Wall Street.

Pretty much everything that’s done on Wall Street is some variation of pump and dump. Here’s why we’re particularly suspicious of the oil price action.

Americans know far too little about what was actually happening on Wall Street leading up to the crash of 2008. The Financial Crisis Inquiry Commission released its detailed final report in January 2011. But by July 2013, Senator Sherrod Brown, Chair of the Senate Banking Subcommittee on Financial Institutions and Consumer Protection had learned that Wall Street banks had amassed unprecedented amounts of physical crude oil, metals and other commodity assets in the period leading up to the crash. This came as a complete shock to Congress despite endless hearings that had been held on the crash.

On July 23, 2013, Senator Brown opened a hearing on this opaque perversion of banking law, comparing today’s Wall Street banks to the Wall Street trusts that had a stranglehold on the country in the early 1900s. Senator Brown remarked: . . .

Continue reading.

Written by LeisureGuy

26 January 2016 at 9:33 am

Police can be readily and summarily fired for some offenses—for example…

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Radley Balko reports in the Washington Post:

Here’s Andrew Fleischman, writing at the excellent Fault Lines blog:

There aren’t many things that can get a police officer fired. A history of incompetence and the reckless killing of a 12 year-old boy, on video, didn’t do it. Choking a man to death in front of a crowd of onlookers, on video, didn’t do it.

But don’t lose hope. There are still some offenses so heinous and wanton that even a police officer can’t avoid consequences. Namely, insubordination.

But not your garden-variety insubordination …

Jay Park was a police officer who worked in Athens, Georgia, a college town built around the University of Georgia. Between prayer breakfasts and abstinence rallies, UGA students are known to occasionally imbibe small amounts of alcohol, presumably filched from communion cups at the local seminary.

Park was called to the scene of a minor suffering alcohol poisoning. His supervisor told him to arrest the student, but Park was aware of one of Georgia’s recent evidence-based laws.

See, since 2014, Georgia lawmakers have decided that it is more important to make sure that underage drinkers receive medical care than punishment. So, under the law, “[a]ny person who in good faith seeks medical assistance for someone who is experiencing an alcohol related overdose shall not be arrested, charged, or prosecuted.”

You also can’t arrest the person suffering the overdose . . .

So Park knew the law. His supervisor didn’t. But Park’s supervisor ordered him to make an illegal arrest. Park refused. You can probably guess who got fired.

Park’s supervisor told him to meet with Jimmy Williamson, chief of the University of Georgia Police Department. (For more on the problems with college police agencies, see Chris Moraff’s guest post here at The Watch.) Before that happened, Park again refused to arrest two students under the same conditions. Again, those students were illegally arrested anyway.

Williamson not only fired Park, he also promised to make sure Park would never work as a police officer in Georgia again. And it gets worse.

For good measure, Williamson recorded the firing on a body camera, and posted it on YouTube. In his termination letter, he wrote that Park was fired to avoid “potential embarrassment that the department would suffer as a result of Officer Park’s suggestion that the department was violating the law.”

So Park not only knew the law better than his supervisor, he also knew it better than his police chief. And it isn’t as if this is some obscure corner of the law. Williamson heads up a campus police department, precisely the sort of place where the law in question would be especially relevant. When confronted with his own ignorance, Williamson not only fired Park, but did so while explicitly acknowledging that (a) Park had been right about the law, and (b) Park’s termination was to prevent public embarrassment to Williamson and his department for being wrong about it. . .

Continue reading. There’s more and it is amazing. Georgia, huh? Does that explain it?

Written by LeisureGuy

26 January 2016 at 9:19 am

Posted in Law, Law Enforcement

Vintage Blades shaving soap with Simpson PJ and the Stealth

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SOTD 2016-01-26

An extremely pleasant and smooth shave, and the pleasure began with the Simpson Persian Jar brush and the excellent shaving soap I bought some years back from Vintage Blades LLC when the company was still in Maryland. (Since then, the company was sold because the proprietor retired, and it is now located in Idaho.) My understanding is that this soap amounts to the traditional lavender-fragranced Truefitt & Hill (from before the reformulation and outsourcing). Thus it is another soap lost now in the mists of time.

Still, I have my tub, and the lather was really excellent. The Stealth, modeled on the Merkur white bakelite I used yesterday (though with some tweaks), did a superb job: smooth, comfortable, and leaving a BBS result. Apparently the Stealth requires excellent angle control because (I read) the effective cutting angle has a narrow range. My natural angle must hit this range spot-on, since I’ve never experienced any difficulty at all in getting it to cut, but I have read that some struggle to keep the angle right.

Three passes, a rinse, dry, and good splash of Annick Goutal’s Eau de Sud, and the day looks much better.

Written by LeisureGuy

26 January 2016 at 9:05 am

Posted in Shaving

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