I think this blog post by John Hempton at Bronte Capital is probably the best blog post I’ve read all year and a must read analysis of GE. Here is one section that I loved: Speaking as an outsider I have to agree – America at its best is a wonderful place. It is amazingly […]
READ MOREGreed is good
This is a wonderful interview with Milton Friedman discussing why greed and capitalism work. A nice reminder now that we are turning into the People’s Republic of America.
READ MOREAnimation of USAir 1549
The following is an amazing real time recreation with the voices of air controllers and USAir pilots. I am even more in awe of Captain Sullenberger now than I was before. You realize how calm he was and how fast he had to react. All we hear are his conversations with air traffic controllers and […]
READ MORETake a Chance on “Taking Chance”
I highly recommend that everyone who has HBO, watch their latest movie, Taking Chance, starring Kevin Bacon. It is one of the most moving and emotional movies I have seen in a long time. The movie is about an officer in the Marines escorting a Marine’s remains (Chance Phelps) home after he died in Iraq […]
READ MOREDogs and Cats Living Together, Mass Hysteria!
At times like this when the financial world seems to be ending, I think its important to have a bit of humor. I just got an email from someone saying to prepare for the end of the world. It reminded me of this scene from Ghostbusters:
READ MORE$12 million bonuses are the problem
Someone please tell me how exactly GE has set up a pay package so that its CEO, Jeff Immelt, gets a $12 million bonus in a year like 2008. The only reason GE is not in bankruptcy is because of the Federal Government and Warren Buffett. Without these two lenders of last resort GE is […]
READ MOREGrizzly Bear Fancy Fancy footwork
Great article and video on Grizzly Bears “dancing” to get fish. Grizzlies dancing
READ MOREI feel sorry for Microsoft
I feel sorry for Microsoft. They sooooo want to be liked and be cool, it is painful to watch. Like the awkward, dorky kid who does all of the wrong things, they just want to fit in. The latest announcement that they will open stores like Apple is particularly telling. Instead of coming out with […]
READ MOREWhat is Gold telling us?
Great blog post on gold by Mish’s Global Economic Trend Analysis (mouthful, right?): You can’t fool gold
READ MOREGreat Rant
This is a great rant by Congressman Capuano:
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