The West Michigan Whitecaps have decided to kill someone:
Archive for March 23rd, 2009
Ballpark Food
Posted in Baseball, Miscellaneous on March 23, 2009 | 3 Comments »
No, Suck on This
Posted in China, Foreigners, Meltdown on March 23, 2009 | 1 Comment »
It seems Zhou Xiaochuan got Bernanke’s message loud and clear. And decided to bring it right back: Back to the 1940s, Keynes had already proposed to introduce an international currency unit named “Bancor”, based on the value of 30 representative commodities. Unfortunately, the proposal was not accepted. The collapse of the Bretton Woods system, which [...]
Lousy Taste
Posted in Middle East on March 23, 2009 | Leave a Comment »
Curious decision in T-shirt design: Israel’s military condemned soldiers for wearing T-shirts of a pregnant woman in a rifle’s cross-hairs with the slogan “1 Shot 2 Kills,” and another of a gun-toting child with the words, “The smaller they are, the harder it is.” For its own sake, Israel will sooner or later need to [...]
Gaming the System
Posted in Corruption, Meltdown, Miscellaneous on March 23, 2009 | 4 Comments »
So far we have been told that the private sector so misprices securities today that with public funds the private sector would accurately price securities. The folks who brought us this logic now want us to believe that the public-private partnership will work. And the system they have devised is sufficiently complicated that some folks [...]
Heads-Up
Posted in Meltdown on March 23, 2009 | Leave a Comment »
The Baseline guys have a modest proposal which is quite reasonable – why not let individual investors buy the equity for these toxic assets? If Geithner’s taxpayer subsidized toxic public/private plan goes forward, I think it would be fair if the federal government allow non-institutional investors to participate via a no-fee investment vehicle. Problem is, [...]
