Cigarette and Coffee Breakfast 2/3/14

– As I covered below, the Seahawks destroyed the Broncos 45-8, in a game that wasn’t even that close. Long time nemesis of this author’s hometown team Peyton Manning fell flat on his face in a big game again, cementing his legacy as the Dan Marino of his era.

– Peggy Noonan is out with her usually fair and balanced treatment of the Obama administration for the Wall Street Journal. Just kidding. Her article, entitled “Meanwhile, Back in America” (which she, of course, wrote from her Upper East Side loft that Bill DeBlasio STILL refuses to have plowed) actually does have some connection with reality, but it’s hard not to find oneself wondering where her criticisms of the banality in Washington was under the previous administration.

– Actor Phillip Seymour-Hoffman was found dead in his home this Sunday morning, allegedly with a needle still in his arm when rescue workers responded. Police also found around 50 “bags” of heroin in his home. The early diagnosis is a drug overdose, but there will be an autopsy today. Hoffman may be near and dear to many readers of this space, as he often played key roles in political movies such as Capote, Doubt, The Ides of March, The Hunger Games, and Charlie Wilson’s War, among many more.

– A study by the Guttmacher Institute says that abortions have reached their lowest rate since 1973, the year that Roe V. Wade was decided. This year, there were 16.9 abortions per 1,000 woman in America. In 1981, that number was 29.3%,  however:

“With abortion rates falling in almost all states, our study did not find evidence that the national decline in abortions during this period was the result of new state abortion restrictions. We also found no evidence that the decline was linked to a drop in the number of abortion providers during this period,” says Rachel Jones, lead author of the study.”

–  Janet Yellen was officially sworn in as the Chairwoman of the Federal Reserve Bank, the first woman to hold the position. Yellen has long been one of the most dovish voices on the Reserve Board, but in an institution where building consensus is of crucial importance, will have a long way to go in convincing her colleagues to chart a very slow course away from the extraordinary macroeconomic measures taken by the Fed in the last six years.


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