Happy Thanksgiving

Instead of a serious post detailing all I am thankful for, I submit this display of extreme awesomeness:

The Stimulus Backlash

It appears that one very significant problem that the Administration and the Federal Reserve created, a frightening spike in unemployment, is the result of a massive miscalculation about how the staggering borrowing by the government would play out.

The Fed endorsed a policy of record borrowing under the theory that we were at risk of a [...]

Get Ready for the Much Smaller AOL

AOL’s strategy, the latest new one, is to shift away from being an ISP to being a “next generation publishing” entity. Without parsing what it means to be “next generation” when you are doing what Yahoo has been doing for years, this sounds like a reasonable strategy but the anchor that weighs it down is [...]

More on this topic (What's this?) Read more on America Online at Wikinvest

Reporting from the Echo Chamber

I read this short Reuters piece on President Obama’s Fox interview last night and simply thought “who are these people?”

Here’s my edited version of the full piece:

BEIJING, Nov 18 (Reuters) – President Barack Obama gave his sternest warning yet about the need to contain rising U.S. deficits, saying on Wednesday that if government debt were [...]

Three Card Monty at GM

I read this and shook my head in amazement at the limited financial acumen of reporters covering business.

General Motors, encouraged by its improving financial situation, could repay all of its $6.7 billion in loans from U.S. taxpayers by the end of next June, the company’s top executive said Monday.[From With $42B, GM moves [...]

More on this topic (What's this?)
GM’s phony taxpayer repayment
GMAC Joins the Black Hole Club
Elizabeth Warren Skewers GMAC
Read more on General Motors at Wikinvest

Every Day is a Bonus

This is really nice.

Co-opting UPS’ Whiteboard Ads

Brilliant.

My Droid Review

My wife came home with a Droid yesterday, which on one hand was pretty cool while on the other very disturbing as she is by no means a geek and not once did she ask for my opinion on this device. I suspect that some kind of counseling may be necessary.

Having had the opportunity to [...]

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