Feeds:
Posts
Comments

Archive for December 15th, 2008

Opposite Day

I…agree…with…Justice Thomas.  I will now light myself on fire. http://www.nytimes.com/2008/12/16/business/16bizcourt.html

Read Full Post »

More Madoff

Hard to tell who the bad guys are in this story.  Not sure the guy realizes that his wife’s family – the folks who think they lost $30mm – are the persons who gained from the scam.  The “entire family had been in the fund for decades and lived well off the returns” – those [...]

Read Full Post »

Two thoughts on the Iraqi shoe sideshow http://www.youtube.com/watch?v=OM3Z_Kskl_U http://www.iht.com/articles/ap/2008/12/15/news/ML-Bush-Arab-Anger-Analysis.php 1) If Bush had said “who throws a shoe…” and gone into the Austin Powers routine, my laughter would likely have made me forget the disaster of the last eight years.  It would have been that easy for Dubya.  Luckily, he said something about the shoe [...]

Read Full Post »

Cuba

In a country full of incoherent and inexplicable policies, our approach to Cuba has to be among our nuttiest. http://www.nytimes.com/2008/12/07/magazine/07cuba-t.html

Read Full Post »

Economy

Reasonably serious economic perspective, if more bearish than most: http://www.nakedcapitalism.com/2008/12/deflation-has-become-inevitable.html Nutty guy, but probably right on this: http://www.reuters.com/article/InvestmentOutlook09/idUSTRE4BA5CO20081211 I missed this at the time, but if it stands, it would be terrifying: essentially MA is looking to nullify some subprime loans.  Barring the loans going forward could be a reasonable decision, but retroactively voiding them [...]

Read Full Post »

Follow

Get every new post delivered to your Inbox.