April 2008 Archive

On the definition of “recession”

April 30th, 2008 | No comments

Sick of hearing about it, or waiting until after the fact Mark Hopkins of Mashable does a pretty good job of railing against the pundits here. And his definition of recession is certainly correct – two successive quarters of GDP decline. However, I believe that a lot of the chatter being heard is a reflection [...]

Most eloquent quote of the week

April 30th, 2008 | No comments

As far as religion goes, maybe ever (at least via the web) I believe in god but not in religion organized by man. And I think the men (and women) who have cloaked themselves in the name of god have often done great harm. Religion is not the root of all evil but the people [...]

Tuesday, April 29 must be “Good News Day”

April 29th, 2008 | No comments

Nobody got the memo, and I got all this in my feed reader simultaneously The Obvious, to everyone other than the NAR – Home Prices Fall 12.7% (The Big Picture) The Cheers, from Walmart shareholders – Consumer confidence drops in April on inflation, job worries (Associated Press) The Quandary, from the Taxpayer Defamation League – [...]

Why Marmot (and their gear) is worth its weight in gold

April 29th, 2008 | No comments

Gold prices notwithstanding, this is unsolicited and extraordinarily well-deserved praise I own a bit of Marmot gear, mostly outerwear, and it’s not because I’m spoiled or have money to burn – despite being twice the price of what you’d call “comparable” items, their stuff just seems worth it. Reasoning: it’s apparent when looking at their [...]

Many States Are “In Recession”

April 28th, 2008 | No comments

Barry Ritholtz: The chart above shows a steady deterioration in the balance sheets of the states and cities of the US since the late ’90′s. Check out the chart…it sure does. One has to wonder why anyone was surprised when municipal bond auctions started failing.

Does “cleaning house” portend widget backlash?

April 28th, 2008 | No comments

VCs are doing it. Should you? It’s pretty obvious by looking at these pages that I don’t have much taste for widgets. Now, it seems, at least one blogging venture capitalist is taking widgets to task – cleaning them out because they slow down page loading time. While I’d like to say I’m a trendsetter, [...]

When your market tumbles, promote speculation with leverage!

April 28th, 2008 | No comments

Sad but true The Chinese equities market has not been performing well. But regulators and market makers have the answer. According to Bloomberg: China may limit new share sales and allow investors to borrow money to buy equities in an effort to boost the world’s sixth worst-performing stock market… They are going to restrict the [...]

Ode to bonefish

April 25th, 2008 | No comments

It’s getting to be that time again…

RSS Needs An Easy Button

April 25th, 2008 | No comments

Adam Ostrow: While I might expect a start-up going after the early adopter techie crowd to take so much for granted, this is Microsoft, the world’s largest software company that is virtually unavoidable in at least some part of everyone’s digital lives. But Microsoft has made no effort to explain what RSS is, how to [...]

Tracking Realtor Spin

April 23rd, 2008 | No comments

Realtor spin, in chart form (and with lovely footnotes). (h/t to The Big Picture)