Always liked ‘Bron:
Archive for March 26th, 2009
Cool
Posted in Basketball, Golf, Soccer on March 26, 2009 | 2 Comments »
It Will Never Stop
Posted in Foreign Policy, Meltdown on March 26, 2009 | Leave a Comment »
The lack of decisive intervention by the government sends a message: we’re bluffing. Throughout the economy large businesses know that they can defer any serious changes by simply raising the threat of collapse, and we will come running with immediate cash and a vague insistence that things be fixed some time later. The AIG folks, [...]
Good Reading
Posted in Meltdown, Miscellaneous on March 26, 2009 | Leave a Comment »
One of the bright sides of the current financial crisis is the wealth of good articles on the topic. Guys whose work would have been buried in academic journals are now writing for a general audience. Simon Johnson of Baseline in the Atlantic: In its depth and suddenness, the U.S. economic and financial crisis is [...]
Hotel News
Posted in Housing Crisis on March 26, 2009 | Leave a Comment »
This holds up, we are going to see hotel bankruptcies left and right – my sense is that most hotels cannot cover their operating costs (let alone their capital costs) below 55% occupancy: The U.S. hotel industry posted declines in all three key performance measurements during the week of 15-21 March, according to data from [...]
Stay Thirsty
Posted in Miscellaneous, Television on March 26, 2009 | Leave a Comment »
Always a fan of beer commercials – why are they so much better than, say, car commercials – and saw this oldie last night on TV. Chuck Norris jokes pitching a terrible product – I’ll drink to that…
Liar Loans and Liar Books
Posted in Corruption, Housing Crisis, Meltdown on March 26, 2009 | Leave a Comment »
Jamie Galbraith is onto the scam:
