apartments available'
--
Sent from my mobile device
Wednesday, May 27, 2009
Progress
I love the sight of a rusty metal sign reading 'newly renovated
apartments available'
apartments available'
Thursday, February 05, 2009
Looking for me
Well, I installed Google Latitude, so go ahead and find me. If I'm near you, I'm sure I like to eat as much as the next guy. Give me a buzz, or spy on me during the day!
Wednesday, October 22, 2008
Sunday, October 12, 2008
Dedication to Small Government
Ah, the bailout... what bothers me (and many Americans) about that? First, that the money is being given to a former Goldman exec to dispense with how he (or the Treasury) sees fit. Second, that it fails to address root causes, and does nothing to prevent another out of control financial mess. Third, that it seems insincere of our congress to favor silence and laissez-faire only on the way up, but a falling price of stocks, and a tightening credit market is somehow a malfunctioning market? Markets work, they say it again and again, but did they only mean that markets work when they favor people with existing assets? There are generations yet to be born, and many of my generation who have yet to get a grip or claim on some of these overvalued assets, largely because they are overvalued. Lower prices are democratic. Low prices of homes hurt short term homeowners, speculators, and banks... but are a boon to first time homebuyers and future homebuyers. Low stock prices give me a head start in earning return on capital (think value investing). Overvalued stocks are great for fund managers and the nearly retired, but at the cost of the earnings potential of the next wave of Americans. Did we forget to vote? Did we forget to do the math? Did we buy the hype...
How many days did it take the white house to get this rescue plan through congress? Congress, which never agrees on anything that quickly, has once again responded to the gong of emergency, taken assurances from the administration that it held America's best interests at heart, and raced to pass a bad idea into law. I haven't been this upset since the patriot bill reauthorization...
Are the credit default swaps any more regulated now than in the past? Are banks required to maintain higher capital levels for soundness? Did the FDIC raise the insurance premiums it charges bank for deposits?
Does this government have any better ideas than throwing away money into a sinking ship? It seems the recent plunge in prices was largely due to lack of confidence and uncertainty. Propping up bad companies to restore confidence (that was quite reasonably withdrawn) distorts pricing signals, and only socializes the risk of default. Insuring all banks against failure creates such a ridiculous moral hazard that in future dictionaries, it will be the example we use to clarify the term.
Why did this bill pass with little citizen input, at the behest of the government, with votes from the crooks who will be seeking reelection over the next four years? Where were our options?
How many days did it take the white house to get this rescue plan through congress? Congress, which never agrees on anything that quickly, has once again responded to the gong of emergency, taken assurances from the administration that it held America's best interests at heart, and raced to pass a bad idea into law. I haven't been this upset since the patriot bill reauthorization...
Are the credit default swaps any more regulated now than in the past? Are banks required to maintain higher capital levels for soundness? Did the FDIC raise the insurance premiums it charges bank for deposits?
Does this government have any better ideas than throwing away money into a sinking ship? It seems the recent plunge in prices was largely due to lack of confidence and uncertainty. Propping up bad companies to restore confidence (that was quite reasonably withdrawn) distorts pricing signals, and only socializes the risk of default. Insuring all banks against failure creates such a ridiculous moral hazard that in future dictionaries, it will be the example we use to clarify the term.
Why did this bill pass with little citizen input, at the behest of the government, with votes from the crooks who will be seeking reelection over the next four years? Where were our options?
Monday, August 18, 2008
Somethings burning
Dust is rising, and the smell of burning brush is blowing in with the
heavy winds here in spokane. It's warm and dry, and we've started
having light fires on the highway in tacoma. I'm surprised it isn't
worse in the east. Maybe there's enough water in the columbia to keep
the risk low in most areas.
heavy winds here in spokane. It's warm and dry, and we've started
having light fires on the highway in tacoma. I'm surprised it isn't
worse in the east. Maybe there's enough water in the columbia to keep
the risk low in most areas.
The smell makes me nostalgic for california. I remember a few fires
there. Last month I saw a fire off i-90 near the dells (just outside
the kalahari). I didn't call it in. Should I be so ashamed?
--
Sent from Gmail for mobile | mobile.google.com
Mead
Yes, there is more than just a salvage yard. I worked at a brand new
middle school, and went to lunch at a diner off hwy 2. We'll see how
the food is. The best part of spokane is the continued existence of
blue collar diners outside the truck stop environment. My last long
trip to spokane had a nice dining experience. What is it about coffee
cups with brown paint that feels so welcoming. Sterile white porcelain
feels like a hotel catering service to me, while the simple brown
diner mug says free refills like no other.
middle school, and went to lunch at a diner off hwy 2. We'll see how
the food is. The best part of spokane is the continued existence of
blue collar diners outside the truck stop environment. My last long
trip to spokane had a nice dining experience. What is it about coffee
cups with brown paint that feels so welcoming. Sterile white porcelain
feels like a hotel catering service to me, while the simple brown
diner mug says free refills like no other.
--
Sent from Gmail for mobile | mobile.google.com
Tuesday, August 05, 2008
Travel
There was a very young girl next to me on my flight to edmonton
tonight. Since most canadians I meet on the plane are coming from
mexico, she seemed a bit odd. No sunburn, no holiday clothes, and
travelling alone. I asked her if she was almost home, she said after
her parents picked her up it would be an hours drive, and added that
she had been travelling almost 2 and an half days. I asked if she was
coming from india. She corrected me, she had just spent a month in
wujin, china. What a trip! I spied her declarations card, 1987. How
old have I become that she seemed a mere girl? Maybe she was just
short. Reminds me a bit of island warrior Michelle.
tonight. Since most canadians I meet on the plane are coming from
mexico, she seemed a bit odd. No sunburn, no holiday clothes, and
travelling alone. I asked her if she was almost home, she said after
her parents picked her up it would be an hours drive, and added that
she had been travelling almost 2 and an half days. I asked if she was
coming from india. She corrected me, she had just spent a month in
wujin, china. What a trip! I spied her declarations card, 1987. How
old have I become that she seemed a mere girl? Maybe she was just
short. Reminds me a bit of island warrior Michelle.
--
Sent from Gmail for mobile | mobile.google.com
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