Snow day here in the Midwest. We got 6 inches of snow here in Indianapolis last night, but it’s melting already. My class is cancelled, so I’ve been reading around the intertubes to see what’s up. Found a few stories for ya.
First up is this bizarre case of a Mississippi state law maker who everyone agrees was an awesome, upbeat lady, but who they say may have killed herself at–get this–a former lawmakers home. Spidey senses definitely tingling on this one.
Mississippi Bureau of Investigation officials are looking into the death of state Rep. Jessica Upshaw, who was found at a residence in Simpson County on Sunday.
The 53-year-old Republican lawmaker from Diamondhead in Hancock County died of a gunshot wound to the head, Simpson County Sheriff told WLBT-TV.
“It appeared to be self-inflicted,” he said.
“She’s always been a very strong, quiet leader for the Gulf Coast and was one of the smartest people I ever met,” DeLano said. “I’d give her a bill, she would read it and could tell whether it was the same bill introduced five years ago.”Upshaw, an attorney, was known for her ability to read extremely fast. She could zip through a lengthy legislative bill and know its particulars in minutes.
Currie said Upshaw was excited to see her grandson. “She has a new grandchild —she was so proud. … I know she has a lot she wanted to live for.
The Associated Press is so skeptical it put “kills herself” in quotation marks in the headline.
In other news, Cyprus has a new deal. Tyler Cowen warns:
1. Output on the island could easily decline by 25% or more, and I don’t think that will involve much subsequent mean-reversion. There will be a deflationary shock, an uncertainty shock, an “austerity shock,” a credit contraction shock, and a few other negative shocks as well. The Cypriot government will not be fiscally well situated to support the safety net or automatic stabilizers.
2. It’s never a good sign when a deal is structured so that no one has to vote on it. (Correction: various European legislatures may be voting on it, but no one in Cyprus.)
3. The deal itself still doesn’t cough up all the money, but rather relies on subsequent tax increases and privatizations to come up with at least another billion euros. Believe it or not, the numbers don’t add up.
5. I wonder if the two main banks even have the money they claim they do. Who tells the truth going into a deal like this?
Lots of other stuff going on, too. Rob Portman’s son came out, and Claire McGaskill came out in favor of gay marriage and quoted the Bible. Kelsey Grammer and Matt Lauer are continuing their quest for image rehabilitation. Also, Geo. Zimmerman’s brother is not helping his case, but that’s really no reason for the left to employ the Guilt-by-Association fallacy.
What’s up in your world today? I’m making Marsala-Mushroom beef stew and grading.