San Francisco’s food scene is probably the most vibrant in the Americas. Whether they’re starting trends or perfecting them, Bay Area chefs have long been among the world’s most creative. But amidst all the innovation, there has been one faithful and beloved constant on the city’s many tables: sourdough bread.
It’s hard to find someone who doesn’t like sourdough, but even rarer are people who know what makes it so distinctive. It’s often thought to be a flavouring, or perhaps a baking technique, something pioneered in Gold Rush-era San Francisco. In fact, sourdough is simply bread in which the rise comes not from a package of shop-bought yeast, but from wild yeast that is in the air everywhere.
As the original leavened bread – all bread was “sourdough” until Louis Pasteur’s germ theory led to packaged yeast – sourdough has a long and storied past. But as a let-them-eat-cake epoch gives way to home pleasures and the local food movement, sourdough is equally suited to our own times. Classic, inexpensive and uniquely local, sourdough is as fascinating to kids and novices as it is to practiced bakers and mad scientists of all ages.
Sourdough is an ancient art, but with just two ingredients its simplicity is as remarkable as its heritage. Flour and water are mixed and left to stand on a windowsill or kitchen counter. In a matter of days wild yeast take over and the mixture begins to froth and bubble with life. If you’ve ever wondered at the origins of this or that cooking method – “who on Earth thought to try this?” – sourdough is that rare thing, a miraculous culinary phenomenon that won’t give you that feeling. With yeast naturally in the air, it’s easy to imagine how an afternoon’s forgetfulness in ancient Egypt led to the invention of leavened bread.
What I Learned in My 16 Years on the Tax BeatWhat I Learned in My 16 Years on the Tax Beat
Nearly 40 years ago, as a recent college graduate, I made a painful discovery: I couldn’t figure out how to do my own federal income-tax return.
That was embarrassing, and it made me wonder what other Americans do. So I wrote my first major tax story: I asked five different tax-preparation services in the Atlanta area to prepare returns for a family of four with fairly typical finances. The results: At one extreme, a tax expert said the family was entitled to a federal income-tax refund of $652.04. But another said the family owed $141 — a difference of $793.04.
That experience made me feel somewhat less dumb, but the article didn’t have much impact: Since then, our tax system has evolved from a mess to a nightmare. The pace of change has accelerated in recent decades as lawmakers increasingly have tried to use tax laws to reward or punish conduct. The number of pages in the CCH Standard Federal Tax Reporter, which records tax law, regulations and related material, has soared to 70,320 from 26,300 in 1984.
More than 60% of all individual returns are signed by professional preparers, up from 46% in the mid-1980s. Joel Slemrod, an economics professor at the University of Michigan, estimates that the time and money individuals spend on tax compliance now comes to about $90 billion a year.
McCain in Hong Kong & Vietnam
His performance in Vietnam was particularly intriguing. He knows the country well and is treated almost as a celebrity – a reflection of both the quirks of history, and his moral and political courage, qualities that helped propel his White House run.
Senator McCain spent five years as a prisoner of war in Hanoi at the height of the Vietnam conflict, having been shot down and crashing his jet fighter into a lake on the edge of the capital. His vivid descriptions of being tortured – he refused offers of early release as the son of a leading admiral – did not stop his efforts years later. He not only returned to enemy territory but, as a prominent and hawkish Republican, played a key role through the late 1980s and 1990s in America’s long delayed reconciliation and normalisation with its victorious opponent.
In his political twilight, Senator McCain could be forgiven for resting easy during his first return to the Vietnamese capital in five years. Despite political and social differences, the two countries are open to trade and investment, and have taken the first steps to a military relationship – a pipe dream just a decade ago.
He remains restless, however. In a speech to the country’s diplomatic academy, he passionately urged both nations to get even closer. “Today, the hardest work of normalisation is behind us. The time has come, I believe, for us to move from the normalisation of our ties commensurate with Vietnam’s rising status in the region and the world. We should not simply rest on our laurels and allow the relationship to plateau. It is time to take the next step.”
Some Great Photos
Good Friday Links
Pirates and the CIA: What would Thomas Jefferson have done?
“It was the sixth such attack this week and one of 66 this year by Somali pirates, a collection of shrewd businessmen and daring opportunists who have pulled off a series of spectacular seizures using high- and low-tech gear, from satellite phones and rocket-propelled grenades to battered wooden skiffs and rickety ladders,” the Washington Post reported today about the attack on a U.S.-operated container ship. “In the past year, their booty has included the MV Faina, a Ukrainian ship loaded with tanks and antiaircraft guns, and the MV Sirius Star, a 300,000-ton, 1,000-foot-long Saudi oil tanker that is the largest ship to be seized in history.”
For months, a former senior CIA officer has been telling me that pirate activity off Somalia was a problem that needed to be aggressively dealt with. By chance, I had a meeting with him yesterday as the Maersk Alabama hijacking was unfolding. Here’s what he had to say (he updated his remarks today):
The American response to date has been incredibly naïve and woefully ineffective. Now, predictably, you have an American taken hostage. All of which should have been prevented. You’ve got a failed state in Somalia and pirates operating in an area of ocean that is larger than the state of Texas but we’ve been trying to deal with this from the ocean side, by sending the navy and with a limited application of technology, such as satellites and drones. We can’t afford to patrol that big a piece of the ocean; it’s too expensive to leave a naval task force out there.
36 Hours in Hanoi
NEAR Hoan Kiem Lake in the heart of Hanoi, a digital clock counts down the seconds to this atmospheric city’s 1,000th birthday in 2010. There certainly will be a lot to celebrate: the city, Vietnam’s capital, has experienced extraordinary growth over the last two decades, evolving from a grim, famine-ravaged place into a sophisticated metropolis with high-rises, sensational cuisine and world-class art. Those shaking their heads at the disappearance of local culture, though, should think twice. For every glitzy mall, there’s an incense-filled temple nearby, and cultural influences of the past are still part of the modern-day fabric, from revered Confucian monuments to trendy French restaurants. In fact, it’s this zeal for barreling toward the future while always looking back that defines this city.
April Fools Jokes – a few days later…..
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The palace consists of 19 state rooms, 600 bedrooms and 78 bathrooms. There is an adequate sized banquet hall to entertain your guests in the evening and a throne room which is an unusual but popular additional feature.
The owners do reside in the property but are discreet and are available should you require any assistance. They also own other properties throughout the United Kingdom. Please contact them for further details.
More: The 10 Best April Fools’ Jokes and Econoland.
How Bailouts Can Butcher Capitlism
One unhappy hallmark of the Great Recession is a dramatic spike in financial distress. Moody’s predicts that the default rate on corporate debt–which helps foretell bankruptcies–will be three times higher this year than in 2008. Home foreclosures are already at record highs, and going higher. Defaults on credit cards and other consumer debt will crest right behind mortgages.
The Obama administration is on the case, bailing out banks and homeowners and aiding dozens of industries either directly, through a financial-rescue scheme that could top $2 trillion, or indirectly, through the $787 billion stimulus bill. Automakers, furniture companies, real estate developers, and even porn magnates have their hands out.
[See a tally of the bailout efforts so far.]
Those efforts ought to help soften a sharp recession. But the unprecedented aid to the private sector may also unleash new problems, the way antibiotics have generated stronger strains of bacteria. “There’s something fundamental about the need for failure,” says Syd Finkelstein, a professor at Dartmouth’s Tuck School of Business and author of Think Again: Why Good Leaders Make Bad Decisions and How to Keep It From Happening to You. “We’re tinkering with the genetic DNA of a capitalist society.”
The Quiet Coup
The crash has laid bare many unpleasant truths about the United States. One of the most alarming, says a former chief economist of the International Monetary Fund, is that the finance industry has effectively captured our government—a state of affairs that more typically describes emerging markets, and is at the center of many emerging-market crises. If the IMF’s staff could speak freely about the U.S., it would tell us what it tells all countries in this situation: recovery will fail unless we break the financial oligarchy that is blocking essential reform. And if we are to prevent a true depression, we’re running out of time.