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America’s crisis worse than Japan?

America’s crisis in a historical context | Worse than Japan? | The Economist

THERE is one consolation for the depressing instability of finance. History offers a rich array of banking crises from which policymakers can draw lessons—and against which today’s rescue plans can be judged. According to an IMF database, there have been 124 “systemic” [...]

Stimulate me!

President Obama’s stimulus package passed both houses of Congress. Lots of provisions to stimulate the economy. Here’s how it directly affects me, right now.

Stimulus measures that may help your wallet – Feb. 13, 2009

Making Work Pay Credit: The bill provides a $400 credit per worker and a $800 credit per dual-earner couple. [...]

Jason Chaffetz is an idiot

Jason Chaffetz is the freshman Representative from Utah’s 3rd Congressional District; primarily southwest Salt Lake County and Utah County. He has been documenting his first year in Congress for CNN.com. The except below is from a recent commentary on the economic stimulus package, which Rep. Chaffetz claims will do nothing to help the average American. [...]

Details, please!

Geithner Sets Out Sweeping Overhaul to Bank Bailout – NYTimes.com

WASHINGTON — The White House plan to rescue the nation’s financial system, announced on Tuesday by Timothy F. Geithner, the Treasury secretary, is far bigger than anyone predicted and envisions a far greater government role in markets and banks than at any time since the [...]

The return of economic nationalism

The return of economic nationalism | The Economist

MANAGING a crisis as complex as this one has so far called for nuance and pragmatism rather than stridency and principle. Should governments prop up credit markets by offering guarantees or creating bad banks? Probably both. What package of fiscal stimulus would be most effective? It varies [...]

Far left of your FM dial

My father and I disagree on a lot of things, especially politically … but recently, I’ve come to discover that we agree on a few things as well.

When people ask me what my political beliefs are, I generally say that I’m on the far left of the FM dial … KZSC 88.1 FM, all [...]

Apparel for short, chubby skiers?

Why is it that ski apparel manufacturers seem to think that people fit one particular body type? Seems like all the ski apparel manufacturers think that if you have a 37″ waist, you also have a 35″ inseam … I’m 5’9″, not 6’3″. And if not that, then the manufacturers think that the wearers are [...]

Porn industry seeks federal bailout

CNN Political Ticker: Porn industry seeks federal bailout

WASHINGTON CNN — Another major American industry is asking for assistance as the global financial crisis continues: Hustler publisher Larry Flynt and Girls Gone Wild CEO Joe Francis said Wednesday they will request that Congress allocate $5 billion for a bailout of the adult entertainment industry.

“The [...]

Communication Day

Much to our surprise, today was Communication Day at work.

Management buttered us all up by bringing in a good lunch from outside, before telling all of us that we are getting no raises, and no bonuses this year.

Even though my division is pretty much the only one in the company that actually made [...]

Thanksgiving

Time once again for early morning musings on all that I am thankful for over the past year; which given the current state of the economy and world politics might be a difficult task:

My condo actually increased in value, it would seem, which given he current real estate market conditions is a minor miracle. [...]