Clear, cold and windy here, just like in LA.
San Francisco, Looking at the Pacific from Pt. Lobos, 12/28/06
Friday, December 29, 2006 · Leave a Comment
Categories: California · San Francisco · photoblogging
“Politics and Profits” — Latest posts from J. Stodder’s other blog- A Nation of CowardsI was reading Wall Street Journal reporter Paul Ingrassia’s latest piece about the never-ending bailouts of Detroit automakers. Halfway down, he wrote this: So why were these problems allowed to fester, when smart people recognized them all along? The answer is that the solutions were painful, requiring not just brains but considerable amounts of cour […]
- Geithner: My Dog Ate My HomeworkI am unimpressed by the explanation for why Treasury Secretary Tim Geithner’s hyped financial system rescue plan was so fuzzy. Just days before Treasury Secretary Timothy F. Geithner was scheduled to lay out his much-anticipated plan to deal with the toxic assets imperiling the financial system, he and his team made a sudden about-face. According to se […]
- Roubini, the Pessimist in Triumph at DavosNouriel Roubini is no longer a prophet without honor. He was lauded at the World Economic Forum in Davos, Switzerland, with plaudits coming from, among others, Jacob Frenkel, vice chairman of American International Group, who publicly disputed the doomsaying economist two years ago. Now Frenkel, whose company was a notable bailout recipient, has dropped to […]
- Is The Meltdown ‘Creative Destruction?’Fred Wilson, who blogs at Musings of a VC, guesses the economic meltdown might be about more than the economic cycle and the misdeeds of bankers and the auto industry. This downturn will be marked in history as the time where many of the business models built in the industrial era finally collapsed as a result [...]
- Is 1930’s Nostalgia Really The Best Way To Sell “Card Check?”Some in the labor movement are sensing nostalgia for a distant decade as they try to combat a concerted business push to derail the Employee Free Choice Act, a.ka. “card check.” “We’re looking to restore the law the way it was in 1935,” Service Employees International Union President Andy Stern said in a recent meeting with [... […]
- A Great Depression, Appearances to the ContraryPeggy Noonan, writing in today’s Wall Street Journal notices a mysterious phenomenon of the meltdown: One of the weirdest, most perceptually jarring things about the economic crisis is that everything looks the same. We are told every day and in every news venue that we are in Great Depression II, that we are in a crisis, [...]
- Peter Orszag Was A BloggerThe newly-announced director of the Office of Management and Budget, Peter Orszag, blogged while he was director of the Congressional Budget Office, I found out today. So, quick, before it’s scrubbed, go read it. Here is a link from the blog to Orszag’s slide presentation on climate change. He’s not a skeptic, but he doesn’t sugarc […]
- A Nation of Cowards
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