Tag: Bailout

Black-Swan Proofing, Useless Business Plans

Gleaned from the twittersphere: FT.com / Comment / Opinion – Ten principles for a Black Swan-proof world. Man some good common sense in here. Business plans a waste of time. Sounds like your typical entrepreneur would be far better off […]

Bailout Scorecard

Who is getting the bank bailout money – CNNMoney.com. Wow, $10.5Trillion so far. $35,000 from each US citizen’s pocket. To pay for years of poor decision making, greedy decision making. F%^k.

The AIG-backlash-backlash

Ben was so right | The Big Picture. The backlash against AIG bonus backlash is in full swing. I for one am glad though that the bonus issue has exploded. While the dollars involved are not material to our country, […]

Economists on the bailout

From Marginal Revolution: Economists Speak: As economists, we want to express to Congress our great concern for the plan proposed by Treasury Secretary Paulson to deal with the financial crisis. We are well aware of the difficulty of the current […]

Your share of the bailouts

On the today show, the figure $900B was thrown around as the total cost of bailouts so far (Bear, Fannie and Freddie, AIG). That is about $3,000 for every citizen of the US. Congratulations! We entrusted the financial services sector […]

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Current Books

Jhludwig's bookshelf: read

City of Saints and Madmen
Cowboy Angels
Deep State
Cleopatra: A Life
Lords of the Horizons: A History of the Ottoman Empire
The Elegance of the Hedgehog
Through the Language Glass: Why the World Looks Different in Other Languages
A Journey: My Political Life
The Post-Birthday World
The Hunter
This Is Not a Game
Rules of Deception
Denial of Sunlight
Sixty-One Nails
The Glass Room

Jhludwig's favorite books »