Thursday, July 30, 2009
By Nero Goldstein "Bemused by a Muse" - See all my reviews
Ran out of toothpaste, and remembered how you're supposed to be able to use baking soda to clean your teeth, so of course, I accidentally used this instead, and Wow! all I can say is, my teeth have never been cleaner! They sparkle, they tingle, and for some reason, they STAY clean now, no matter what. Highly recommended!
However, when I ran out of that fire-ant killer powder stuff, I figured I would try some for that too.
Boy, it sure did not kill those ants!
Fortunately, those suckers get slower as they get bigger, so I have been able to use a shovel to take care of most of them, one at a time though, the sneaky devils.
And the darn trash man refuses to take them away..
I would have given this product 5 stars for the teeth and the project on embracing diversity, but I deducted one star because of the giant mutant ants."
Wednesday, July 29, 2009
Tuesday, July 28, 2009
You'll find the full transcript of her speech here
And the Edited Version by Vanity Fair here
Is this true? via bp
And meanwhile from Florida comes the following photo essay via Zero Hedge, 'There is something for lease or rent in almost every single plaza or strip mall without exception.'
Headlines today included 'The housing market looks like it has found a floor' etc.
Hmm, don't believe the hype!
Monday, July 27, 2009
That subsequent action is regulatory reform—limitations on leverage, new rules on compensation, perhaps a bank tax to pay for oversight and future bail-outs, and so on. There is a regulatory reform bill in the works. It is important that that bill meaningfully limit the extent to which firms can abuse the backstop implied by recent government interventions. That's the battle that needs to be fought." More Goldman Madness - Free Exchange
PRESIDENT OBAMA gave a press conference on health care reform last night. How'd he do?
I'm curious to hear what other people thought, but this really struck me as nowhere near his usual performance. Obama avoided giving direct answers, rambled a lot, kept interrupting himself with asides, and didn't explain things in terms that ordinary viewers were likely to understand. He's supposed to be the communicator-in-chief, but I wouldn't be surprised if a lot of people came away more confused than they were when they tuned in. Bottom line: There were bits and pieces that were fine, but overall I'd give it a C-.
- Kevin Drum, Mother Jones blogger
I found Obama’s health care presentation so impressive — so much command of the issues — that it had me worried. If I really like a politicians’ speech, isn’t that an indication that he lacks the popular touch? (A couple of points off for “incentivize” — what ever happened to “encourage”? — but never mind.)
Seriously, it’s really good to see how much he gets it.
- Paul Krugman, New York Times blogger
If JPM and GS dominate as per this article, doesn't that make us more susceptible to the next crisis as the banking industry becomes more concentrated and vulnerable than before?
Paul Krugman: The Joy of Sachs - Economist's View
It was instructive to notice that the program following "Sixty Minutes" -- in the supreme weekly slot of 8p.m. Sunday -- was a childish and stupid "reality" show called "Big Brother." This said even more about the craven quality of the people currently running CBS. It was also a useful lesson in the diminishing returns of technology as applied to television, since it should now be obvious that the expansion of cable broadcasting since the heyday of the "big three" networks has led only to the mass replication of video garbage rather than a banquet of culture, as first touted." Is Obama Gorbachev? - James Howard Kunstler
Sunday, July 19, 2009
Thursday, July 16, 2009
Wednesday, July 15, 2009
"Whatever you do, I get the impression that you do it well." Gerry seems not to comprehend that I truly don't know what he does."
300 Things We Didn't Know About Gerard Butler - Esquire
Tuesday, July 14, 2009
Monday, July 13, 2009
"You would watch Awkward People Island and you know it. Here is a short list of some more of the activities to do on Awkward People Island.
- Call bank and dispute overdraft charge.
- Go on a date and don't talk about work.
- Unexpectedly run into someone you knew from high school.
- Talk to a toddler.
- Sit through a movie with someone kicking the back of your seat.
- Go to a beach.
- Perform CPR on an attractive person.
- Stand in line for a porta potty.
- Get a massage.
- Go to a popular night club and don't sit down."
Nice upbeat start to a Monday...
I agree with the sentiment here. What is going to move us forward? New ideas, new technology, new markets. The old system is broken. Turn the page.
Sunday, July 12, 2009
Friday, July 10, 2009
Thursday, July 09, 2009
Wednesday, July 08, 2009
Tuesday, July 07, 2009
Yes, the topic fascinates me. The fact that she was on the ticket to be VP is mind-boggling. No alarm bells here? No-one wants to stick their hand in the air and say, 'Erm, we may have a slight problem with our views on who and what should be running the show'?
*Specious or excessively subtle reasoning intended to rationalize or mislead.
Monday, July 06, 2009
The Man Who Crashed The World - Michael Lewis, Vanity Fair
Sunday, July 05, 2009
Friday, July 03, 2009
'Alaskans of every age and station, of every race and political stripe, unselfconsciously refer to every other place on earth with a single word: Outside. So, of all the puzzling things that Sarah Palin told the American public last fall, perhaps the most puzzling was this: “Believe me, Alaska is like a microcosm of America.” Believe me, it is not.' It Came from Wasilla - Vanity Fair
"Republicans were divided on Friday over the move. Ed Rollins, a Republican strategist, said the sudden announcement on a public holiday made her look “inept”." Palin resigns as Alaska governor - FT
"Sarah Palin resigning as governor of Alaska to position herself for the White House is like Limahl leaving Kajagoogoo so his solo career could blossom." This Modern World
"A lot of folks more knowledgeable about the situation than I assumed that she'd not run again next year, mainly because she'd be likely to face (and even possibly lose) a challenge in the GOP primary. It's safe to say that no one expected this, but really -- who's complaining? I can only assume that Palin figured that Mark Sanford and Michael Jackson had already taken the more enthralling paths to news-cycle dominance and that just absentmindedly setting fire to her political career would have to do." Lawyers, Guns & Money
Thursday, July 02, 2009
Wednesday, July 01, 2009
'After my Rolling Stone piece about Goldman, Sachs hit the newsstands last week, I started to get a lot of mail. Most of it was thoughtful and respectful criticism, although there was an amusingly large number of people writing in impassioned defense of their right, under our American system, to be ripped off by large impersonal financial companies.' and it continues here...
I haven't changed my view really, but the markets continued buoyancy has me flummoxed.
I see savings rates are up and this will have a positive effect, but I really think we are looking toppy at these market levels. But what the heck do I know?
Your guess is as good as mine.
Some snippets from Jim Welsh:
'Like Don Quixote, believing markets possess a paranormal clairvoyance adds a bit of mystery, even romanticism to the mundane task of tracking daily fluctuations in prices. The truth is far more straight forward, and absolutely impersonal. At every top and bottom, the market is always wrong.'
'any decent rally in the dollar will trigger a decline in oil prices that could be fairly sharp since the underpinnings of oil demand are so weak.'
'Keep in mind that the economy needs to create 125,000 jobs each month before some of the 14.5 million unemployed workers will be able to get back to work.'
'The extraordinary level of government assistance has certainly helped stabilize the economy, but this level of assistance is unsustainable. Unless job losses and weak wage growth reverse dramatically by mid 2010, the V-shaped recovery will stall, since consumer demand will be too weak to launch a self sustaining economic expansion.'
'In coming quarters, this solid rebound in housing will add to the illusion of the V-shaped recovery, since the residential component within the GDP report will swing from a negative to a positive.'
'In July 2006, the non-profit Homeownership Preservation Foundation received 40 calls a day from distressed homeowners. Now, on an average day, they receive more than 6,000 calls. In the first quarter 71% of the callers were seeking help because they had lost overtime pay, taken a salary cut, or one spouse had lost their job. In the next six months, at least another one million workers will lose their jobs.'
'Although the low end of the housing market is near a bottom, the overall housing market is not. Continued weakness in housing will also undermine consumer spending in coming quarters.'