Mark Bittman – I’m Now A Fan

Alton Brown still rocks my world, mind you, but this article published in the NYT (reg required) has me looking at Chef Bittman with a newfound respect.

I present Mark Bittman’s Summer Express: 101 Simple Recipes Ready in 10 Minutes or Less.

There’s nothing radically new in any of Bittman’s suggestions, but my stars, it’s useful to have such a great master list to scroll through for ideas on those hot miserable days when the very thought of cooking makes you nearly pass out from heat exhaustion.

Here’s a couple of quickie recipes I’ve picked up here and there from friends:

(1) Cut kernels off a few ears of corn. Add a bit of smashed garlic, a few cut tomatoes (skinned if you feel like it) salt, pepper, basil, chili flakes and a bit too much olive oil. Let sit while you make pasta. Add pasta and some cubed fresh motzerella. Toss. Serve with parmesean.

You can add all sorts of other veggies to that base, Some cooked, some fresh, some you can even add frozen with the pasta.

(2) Lightly saute (over medium heat) a few cloves of garlic in a teaspoon of olive oil, then add a 6 oz. to 1 pound of spinach leaves with a pinch of salt and pepper. Cook until almost wilted (maybe 5 minutes), then throw in some capers and a squeeze of lemon juice for the last minute or two. The result is really delicious whether served on a bed of rice with fish or on naked pasta (or with a marinara).

Tough Talk About Impeachment

A public opinion poll from the American Research Group recently reported that more than four in ten Americans — 45% — favor impeachment hearings for President Bush and more than half — 54% — favored impeachment for Vice President Cheney.

In the video segment linked to here (available via javascript pop-up window from the main linked page), Bill Moyers gets perspective on the role of impeachment in American political life from Constitutional scholar Bruce Fein, who wrote the first article of impeachment against President Bill Clinton, and THE NATION’s John Nichols, author of THE GENIUS OF IMPEACHMENT. Transcript is available here.

I’m just old enough to remember Nixon and Watergate. I remember how Ford pardoned Nixon. I remember the attempt to run Clinton out of office. And even though I’ve wanted to see them impeached for a while, I was starting to lean against it, because it seemed like it wouldn’t do any good. It would come too late to get them out of office, and it would just divide the country even further. Plus, there’s no way the GOP is getting into power in ’08, so why even fool with it?

Then someone posted something in the MeFi forums today that changed my mind:

On January 20th, 2009, if George Bush and Dick Cheney are not appropriately held to account this administration will hand off a toolbox with more powers than any president has ever had, more powers than the founders could have imagined. And that box may be handed to Hillary Clinton or it may be handed to Mitt Romney or Barack Obama or someone else. But whoever gets it, one of the things we know about power is that people don’t give away the tools. They don’t give them up. The only way we take tools out of that box is if we sanction George Bush and Dick Cheney now and say the next president cannot govern as these men have.

I’m not saying the next president will use abuse those tools. I am saying that scaling back presidential power isn’t going to be anyone’s first priority after an election. And sooner or later, someone else will come along and start abusing those powers again: wiretapping americans, detention without trial or even pressed charges, the whole shootin’ match.

Look at what’s happening. The President is doing everything he can to institutionally hobble our checks and balances system. He says he’s got the right to tell Congress that they don’t have the right to know what he’s doing about spying on American citizens. He says he’s got the authority to kidnap people and hold them in some God-forsaken corner of Siberia without anything even resembling legal or political accountability. And that’s just for starters. Bush has actively and overtly tried to subvert the very thing he swore to uphold and protect: the Constitution of the United States of America.

Bruce Fein made it crystal clear it’s no longer a matter of choice. Congress must begin the process of impeachment and holding Bush and Co. in contempt, or the system of checks and balances as envisioned by the founding fathers will be perverted and damaged.

The End for Casey Serin

Casey Serin, for those of you who may not know, is a real estate speculator and blogger. A couple of years ago he started purchasing houses throughout the U.S., hoping to become a millionaire by flipping the houses in the overheated real estate market.

His timing couldn’t have been worse. The market started cooling, and most of the homes were foreclosed on. To make matters worse, Serin admits that he committed mortgage fraud by providing false information to lenders so he could make use of stated-income loans (loans where you don’t have to verify your income or give a down payment), receiving cash back at closing in excess of legal maximums, and other shenanigans.

When the shit began to hid the fan, Sherin started blogging about his experiences at IAmFacingForeclosure.com. To date, his debt is estimated at over $2 million.

Serin was 22 when he obtained the first of these stated-income loans. His credit and that of his wife are ruined for life. He’s being investigated by the FBI, and will probably go to prison. He will be justifiably punished for trying to get ahead by gaming the system.

Meanwhile…the guy in the articles I posted who is sitting in a Park Avenue office, buying and then offloading equity and mezzanine tranches, goes home with $2.5 million last year and maybe this year too. Without the avid speculation of this guy and his cohorts, there would have been no market in this worthless paper. There would have been no incentive for New Century and Novastar and CountryWide and WaMu to to dangle in front of the likes of Serin.

This guy, about Serin’s age but with an Ivy education and good Wall Street connections, will not be going to prison. He may have to pay $500,000 or so in legal bills. That leaves him with more money out of the last couple of years than Serin will ever see in the rest of his entire life. While Serin is rotting in prison, his fantasies of wealth deservedly shattered, this guy is going to be at Smith and Wollensky drinking a martini.

I don’t feel sorry for Serin. But I really wish the Park Avenue guy had a chance of winding up in the next cell.

Figuring Out How to Invest

RE: the post immediately prior to this one.

What’s a gal like me to do? Tempting though it may sound, a sock under the mattress is not the answer (unless you want to lose everything to inflation).

Here’s what various investment classes do over the long term. Don’t care about the long term, you only care about the next twelve months? That’s no investment, that’s a crapshoot. Go to Vegas, or play commodities, or something.

I’m investing for retirement, early if I can get it. On the advice of a friend, I’m looking into mutual funds, diversified for investment philosophy (growth, value, allocation) and size of company. Given the strength of the euro and the contimued weakness of the dollar (thanks again, Mr. Bush!), I’m probably going to make sure that around half are foreign or global.

The market will go down. The market will go up. Over the medium to long term, the market always goes up. When the market goes down, I get to buy more at lower prices. When it goes up, I make money.

T. Rowe Price Capital Appreciation, a conservative stock/bond allocation fund, which hasn’t lost money in a calendar year since 1990, has been recommended. Gonna have to check this one out. Looks like the YTD for Janus Overseas was 17%, and the 1-year was 49%. Three year annualized is 40%. It’s not available through my employer’s retirement program but some other ‘international’ stocks are.

Really, I don’t know why anyone is investing in the US with Bush in charge. His people are overseeing the largest pump-and-dump ever.