As I have been thinking and reading about the credit crisis my mind has been chewing on the idea that there are two very different kinds of investing. One is the kind of investing where you put in an initial outlay of resources and follow that with efforts to improve the investment (whether that is [...]
Posted in culture by: David
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The financial amateurs in Congress have given us the 110 page text of their bailout plan which they will probably vote on today. It’s pretty much like the 102 page draft I wrote about on Saturday. They added the option to insure troubled assets in addition to the option to buy such assets. They also [...]
Posted in National by: David
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I don’t claim to have read the full 102 page text of the bailout draft proposal yet, but I wanted to share my first reactions after jumping around to some of the sections that caught my interest.
Section 110 – Executive compensation (p. 29)
I like the idea of controls on executive compensation for participating companies, but [...]
Posted in National by: David
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Maybe I’m just reacting to the tone of the article suggesting that Twitter is taking the place of blogging among elected officials in Utah (and elsewhere) but this quote by Ric Cantrell says it all:
”Maybe this is a sign of the times, but blogging got to be too tedious,” said Ric Cantrell, chief deputy of [...]
Posted in culture by: David
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Somewhere in the news yesterday I heard that voters are beginning to like Sarah Palin less as they get to know more about her. I thought that was interesting since I heard basically the same thing said about Barack Obama back in June or July. My own experience is that I am liking both Obama [...]
Posted in National, life by: David
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