Wednesday, March 25, 2009

One more reason to like President Obama

"It took us a couple of days because I like to know what I’m talking
about before I speak."
PRESIDENT OBAMA, defending his decision to wait a few days
before expressing anger over bonuses paid to executives of the
insurance giant A.I.G.

Tuesday, March 24, 2009

Armchair Economist

Causes of the economic downturn, aka The Great Deleverage:

1. Too much borrowing (individuals and institutions)
2. Ratings agencies (conflict of interest being paid by those they rate)
3. Lack of efficacious regulation
4. Insufficient capital requirements for derivatives
5. Existence of institutions "too big to fail" (Achilles heel for economic national security)

Saturday, March 21, 2009

Confessions of a Shopaholic

Cute but ultimately futile.

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I Love You Man

The story of two unlikeable characters who form a friendship so one can have the other as best man. If you're interested so far, see it. If not, you win what's behind door #2: $6.50 and two hours of life.

Honestly, are they not even trying to make good films anymore?

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Wednesday, March 18, 2009

"Two" by Ryan Adams