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Lazy Saturday News and Views: Snowpocalypse!

A Washington DC neighborhood yesterday


Good morning Conflucians!!!!

It’s a repeat of last weekend–only worse–for those in the Mid-Atlantic states and stretching west all the way to Ohio and Indiana. Coastal areas are experiencing blizzard conditions and record snowfalls in Washington, DC, Maryland, and Virginia and all the way up to New Jersey and New York. Let us know how things are going where you are. I hope everyone is safe and warm and doesn’t lose power. Stay inside until this think winds down. I speak from experience. There’s no use fighting it, just surrender and enjoy being snowbound for a little while.

From Weather.com:

A punishing winter storm will continue to blast an area from the eastern Ohio Valley to the Mid-Atlantic coast today.

The focus for the heaviest snow today will continue to be near and along the Mid-Atlantic coast. Heavy snow will stretch from eastern Pennsylvania to southern New Jersey through the Delmarva Peninsula into the early afternoon hours.

An additional six to as much as twelve inches of snow will fall today bringing snow totals in this region up to the eighteen to twenty-four inch range with locally higher amounts possible.

Washington Post: Snowstorm’s intensity has D.C. region hunkering down

The full weight of winter brought life in much of the Washington region to a standstill Saturday as a storm predicted to be one of the most powerful on record dumped 12 to 21 inches of snow overnight.

New York Times: East Coast Is Hit by ‘Potentially Epic Snowstorm’

WASHINGTON — One of the largest winter storms the Mid-Atlantic region has seen in decades swept into Washington and Baltimore on Friday, grounding flights, closing schools and government offices, and sending residents racing to stock up on groceries and rock salt before the snow accumulated to what are expected to be record-setting depths….

Jane Lubchenco, administrator of the National Oceanic and Atmospheric Administration, parent agency of the weather service, called the blizzard “a potentially epic snowstorm” that could rival the 28 inches of snow that a January 1922 storm dropped on the capital.

“The National Weather Service has been very clear that this is a storm to take very seriously,” she said. The halls of the Capitol building were quiet, and the federal government sent many workers home four hours early on Friday. Dr. Lubchenco said she was making contingency plans for all government offices in and near the capital to be closed through Tuesday.

“If it is as much and as heavy as they are forecasting, it may be a number of days before people are actually moving around again,” she said. “This is a serious storm.”

Here are some gorgeous snowstorm pics donated by our own Indigogrrl:

A Mama Cardinal

Two Downey Woodpeckers

Just breathtaking! And here is a picture contributed by Riverdaughter:

RD's neighborhood in anticipation of blizzard conditions

We’d love to hear more reports from Conflucians in the hard-hit areas. I’ll be glad to post more photos too. Be careful out there!


THE ECONOMY

Nobel Prize economist Joseph Stiglitz has an article in the Guardian this morning: Obama’s muddled solutions. Stiglitz argues that the message of Scott Brown’s victory in Massachusetts is not for Democrats to move even further right. Instead he says that voters are sending the same message they sent to Bill Clinton and that he was smart enough to act on: “It’s the economy, stupid!” and “Jobs, jobs, jobs”

The US economy is in a mess, even if growth has resumed, and bankers are once again receiving huge bonuses. More than one out of six Americans who would like a full-time job cannot get one; and 40% of the unemployed have been out of a job for more than six months.

As Europe learned long ago, hardship increases with the length of unemployment, as job skills and prospects deteriorate and savings gets wiped out. The 2.5-3.5m foreclosures expected this year will exceed those of 2009, and the year began with what is expected to be the first of many large commercial real-estate bankruptcies. Even the Congressional budget office is predicting that it will be the middle of the decade before unemployment returns to more normal levels, as America experiences its own version of “Japanese malaise”.

Just as Dakinikat predicted way back at the beginning of the financial crisis.

Stiglitz also has a new book outFreefall: America, Free Markets, and the Sinking of the World Economy. More from the Guardian piece:

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