The Way We Write Now: Casually
Gawker alerts us that the Times has embraced “epic fail”:
Cake Wrecks, Jen Yates’s popular blog and new book of the same name (Andrews McMeel, $12.99), [celebrates] the folly of professional confections gone horribly, horribly wrong. Think of them as epic fails, with frosting…
…By last fall, around 100,000 visitors a day were gawking at Cake Wrecks. More than a million people subscribe to Ms. Yates’s Cake Wrecks updates on Twitter.
Sweet Job, we are so doomed.
Meanwhile exasperation gets Paul Krugman in touch with his inner Valley Girl:
I made notes on a comment by Jim Rogers, who was all “the West is in decline, everything’s going to Asia.”
The source of Krugman’s frustration?
[Rogers] was asked whether he was predicting that capital will start flowing into Asia—which he certainly seemed to be implying—and responded
“Well, capital has already been flowing into Asian economies, as you can see by the fact that they’re the world’s biggest creditors.”
Hmm, I see why Rogers makes the big bucks. Calvin Trillin is so right:
“When the smart guys started this business of securitizing things that didn’t even exist in the first place, who was [still] running the firms they worked for? …The lower third of the class! Guys who didn’t have the foggiest notion of what a credit default swap was. All our guys knew was that they were getting disgustingly rich.
Epic. Fail.
