Yet Another Attempt to Overturn Prop 13
Get ready for opportunistic attempts to link the overwhelmingly approved Proposition 13 with the California budget disaster. Prop 13 opponents never miss an opportunity to throw rocks at the 1978 law which limited the state government’s ability to tax property owners.
As banks feverishly dump foreclosed homes at cut-rate prices, and as neighboring homes [...]
Stacking the Deck
I fully appreciate the severity of the economic retraction we are currently working through, in fact having written much about it myself here and on my twitter stream. Having said that, I find myself shaking my head in disbelief at the degree to which the media continues to talk down the economy in anticipation, almost [...]
Triggit Search Bar
I added Triggit’s search bar to my blog, you should see it up above the title bar. I like the presentation and it’s very fast.
This is a departure from the typical sidebar widget presentation, please provide some feedback on how you like it.
Solar industry growth dimming with economy
The good news is that solar is still growing at a pretty good clip, the bad news is that like almost every other durable good and infrastructure industry it is tied to pedantic factors like financing. I find it incredibly troubling that an entire industry is banking on increasing federal subsidies, on top of what [...]
Great Inauguration Speeches
We are on the verge of bringing a new president into office tomorrow. It will be an exciting day by any measure and once again we witness one of the great innovations our Founding Fathers gifted us with, the smooth transition of power in the Executive Branch of the Federal government. It’s easy to forget [...]
Economic Indicators Not Encouraging
This is certainly disappointing news. There is no better indicator of economic output to track than transportation numbers and what this indicates is that there is an overwhelming glut of capacity as a result of export output falling to unprecedented levels.
Freight rates for containers shipped from Asia to Europe have fallen to zero [...]
Dissolve the California Senate
(01-18) 19:59 PST — If Gov. Arnold Schwarzenegger calls a special election this year, California voters might be forced to make the hard choices on the budget and taxes that the Legislature won’t.
[From Voters may be asked to end state budget impasse
The voters of California have already voted representatives to the [...]
NASDAQ Self-Preservation
It’s no great surprise that NASDAQ has continued the suspension of rules that would govern delisting from the exchange. 20% of the listings traded on NASDAQ are trading below $2, and when combined with the fact that IPOs are few and far between, coupled with bankruptcies and liquidations, well you can start to see a [...]
The Bag Lady Papers
Ever since the Madoff fraud broke in the news I have been having a nagging “can’t quite place it” feeling that only became clear after reading this series, called The Bag Lady Papers, written by successful author and no-so-successful Madoff investor Alexandra Penney.
Indeed, he did. More than a decade ago, when I was [...]
About that Plane Crash into the Hudson
I was talking with someone a few months ago and we ended up talking about, of all things, airplane safety speeches. I made the point that the “in the event of a water landing” part of the speech was redundant because in the history of commercial aviation there had yet to be a successful water [...]
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About
My name is Jeff Nolan and I write Venture Chronicles. These are my thoughts on technology, innovation, management, public policy and pretty much anything else that I find interesting.
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