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Archive for March 12th, 2009

Rules Change

Just watched the 6-overtime Syracuse-UConn game.  It was the second-longest game in NCAA history, and one of those had-to-be-there moments, but it was also a bit odd watching a few tired bench warmers run the floor the last two periods as all the stars watched from the bench.  How about this small rules change: At [...]

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Excellent – if quite long – testimony from Simon Johnson in Congress today.  Not that anyone in DC seems to be listening.  Some highlights: The precipitating cause of today’s global recession was a severe “credit crisis,” but one that is frequently misunderstood in several ways. While the US housing bubble played a role in the [...]

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Not Good at This

The advertising industry seems to miss the point, although I admire the moxie: A new report from financial-services research firm Aite Group, which examined ad-spending trends and return on advertising performance of 32 of the largest 50 U.S. retail banks from 2006 through 2008, found that top 25% highest-performing banks are those with TV-heavy buys. [...]

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After ten years in suspended animation, it seems the dead-enders of Irish republicanism are determined to make a comeback: Saturday two soldiers were killed accepting a pizza delivery in their barracks; Monday one police officer of the Police Service of Northern Ireland (the former RUC) was killed; Today forces are searching for an Omagh-sized bomb [...]

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Ambassadors of Cute

The same day that Buiter goes on a rant in the FT about the US government’s failure to get its political appointees in a row: [T]he fact that the economic plans of the administration are only half worked out is due to the fact that, except for the Treasury Secretary himself, the entire top of [...]

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Sy Hersh – the guy who broke the My Lai story – is now claiming that there was/is a military unit that reported(s) directly to the Sith Lord, Dick Cheney himself: Under President Bush’s authority, they’ve been going into countries, not talking to the ambassador or the CIA station chief, and finding people on a [...]

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