linklings, glorious communism! edition
As I mentioned, I have had a tough week – but things are coming around. I got a haircut today, losing quite a few pounds in hair weight, so that was nice. I also managed to get back on track with the links. AS alwasy, it’s a mix of the Money Writers and some stuff that I liked from around the web. If you want to see me throwing out more links, go to twitter and follow bripblap!
And what a week on the Street, where I work! Marx would be proud! I’m exaggerating, of course, but I’ve given up on the idiots in charge of this country. We certainly aren’t operating by a single set of rules anymore, are we? At the same time, despite being a left-wing liberal I’m appalled at the direction our supposed “free market” ruling conservatives have taken us. Oh well, I’ll adapt – long live world socialism! We love you, Papa Joe!
photo credit: switch_1010
Boy, Was I Wrong on FRE: Eh, well, an awful lot of awfully smart people were wrong on, well, an awful lot. Don’t feel bad.
Lehman Bankruptcy, Bank of America/Merrill Lynch: What Can We Learn Here?: Diversification or focus? Is “fleeing” an option?
It Could Be Worse: True, it could – although even just being a billionaire for a year or two might be a nice change of pace…
Worried About Your Savings Accounts In Problem Banks?: Er, yes. You should be worried, but not panicky. I don’t think a bank run’s coming up… but I’d spread my money between a few different places if you haven’t already.
29 Steps I Took to Leave the Workforce at Age 29: I loved this article until I remembered that it didn’t apply to me. Then I got grumpy. You don’t want to see me grumpy. I mope hardcore.
Did You Get Suckered Into the Fake Gas Price Hike from Hurricane Ike?: This is creepy – and an indication of why the national gasoline industry needs to be nationalized along with the financial services industry (just kidding).
The Choice Between Daycare and Staying at Home: This is a tough call. I think that day care is always, always a second choice, but FT makes the case that you can’t destroy your own life and career for the sake of the kids. It’s debatable, but not judge-able (I know that’s not a word, I just couldn’t think of how I could express that thought).
Two Weeks Notice – The Art of Quitting Your Job Gracefully: Don’t tell your boss to take this job and shove it. I know it was a great movie, but real life doesn’t play out like that.
More is the Mantra of the Ego: A Lesson Reinforced Since Birth: I absolutely love the line “more is the mantra of the ego.” I hadn’t heard it before, but FD’s got it dead right … stuff is NEVER the answer.
A visit to Kundasang, the foothills of South East Asia’s highest mountain: Some cool photos – most amazingly the mountain photo. I love seeing shots like that.
AIG Crisis Is Hitting Close To Home: One of my favorite bloggers hits at the heart of the crisis: “an AIG failure would hurt my loved ones so I’m glad it didn’t fail.” I think an AIG failure would have saved us an ugly system bailout at the expense of years of horrible economic growth… but at some point the US checkbook is running dry, and someone’s brother’s neighbor’s sister’s babysitter’s familiy is going to get hurt – so the question is just “when do we go ahead and submit to the boo-boo”?
Palin’s children should take priority over being Vice President: I am sorry to get back into politics, but yes, yes and yes.
Eating Our Way to Death, Literally: Ur. Crap. Every time I read an article like this I wonder how long it’s going to be. I’m on the road to vegetarianism, but I am just delaying it – but I know that’s where I’m headed when I read something like this.
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Thank you for sharing my article.
I don't like the idea of these bail outs either; especially because some people got greedy and made money off the “easy credit” and now we are left holding bag.
Regarding bad mortgage issue, I know that it's both lenders and borrowers fault that led us to this mess. But, if I am the authority who's bailing out these banks, I wouldn't hessitate forcing them to re-write some of the bad mortgages/loans so that there will be less default (i.e, converting adjustable and interest only mortgages to something reasonable, may be a fix at 1% higher than normal fix rate [yes, the banks will have less profit and the borrowers will have to pay for it too]). I don't see anything wrong with forcing the banks to take less profit for the good of the economy at this point.
Obama's children should take precedence over being president. It's a much harder job, and his spouse has a career.
Wait, one link says “you can’t destroy your own life and career for the sake of the kids” but you think Palin should pass up a chance for a major promotion? Next you'll be telling us the best thing a single mom can do for her kids is to stay home collecting welfare.
Obama doesn't have a 5-month old with Down's syndrome. I think to be president you have to admit that your children are not, really, your first priority. In all fairness Michelle probably will quit her job if he gets elected.
Jim, you'll notice that the link about you're mentioning is my summarization of what FT said. I'm saying he makes a good case, but I don't agree with it. Palin should pass it up if she's as much of a “good mom” as she claims. As I said, a 5-month old with Down's syndrome is not a simple situation (not to mention a soon-to-be-17-year-old mother in the home). If a single mother had a 5-month old with Down's syndrome and 4 other kids, yeah, she probably would be better off staying home collecting welfare. Good thing Palin didn't get any kind of handouts, like a presidential candidate tapping her solely because of her gender, eh?
Thanks for the link, Steve.
May do us all some good to look at the mountains than to read the current financial press.
Cheers
Thanks for the link, Steve.
May do us all some good to look at the mountains than to read the current financial press.
Cheers