I had a great week last week that left me feeling incredibly optimistic about the Seattle economy. First, Techstars Seattle Demo Day. What a super event, “lots of coverage of…
Tag: Economy
So someone asked me “Hey, with your views on the Occupy movement, how do you feel about the fact that the top 10% pays 70% of federal income tax? Is…
* “Poor Halo play prompts stabbing threat”:http://blog.seattlepi.com/seattle911/archives/231642.asp. Doesn’t seem unreasonable. I’ve heard campers threatened with worse. * “How Secure Is My Password”:http://howsecureismypassword.net/. No idea how accurate, but fun. 17 thousand…
Apple’s quarter (NYTimes): “We’re making our most innovative products ever and our customers are responding”…”unexpectedly strong sales of Macintosh computers and a surge in iPhone purchases pushed Apple’s profit up…
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.…
Dave Chen pointed me towards The Big Takeover, a great telling of the AIG story. People are pissed off about this financial crisis, and about this bailout, but they’re not…
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.…
“That would drive managers out of the United States.” via Treasury Maps New Era of Regulation – WSJ.com. So just wondering, why would driving hedge funds out of business in…
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.…
“It did good work on the collapse of Bear Stearns a year ago, but for the most part it has done a mediocre job of explaining all that has gone…
Warren Buffett: “We don’t know the perfect answers on it. What we do know is to stand by and do nothing is a terrible mistake…” via Marginal Revolution: The best…
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.…
From The Big Picture | The Innovator, the Imitator, the Idiot: “Buffett once told me there are three ‘I’s in every cycle. The ‘innovator,’ that’s the first ‘I.’ After the…
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…
The Oil Drum | World Cement Usage: An Indicator of Energy Consumption–and China and India Are Certainly Using It — OK we better start worrying about peak cement.