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Thoughts and Links 10/3/08 Edition

  1. I keep reading articles stating that we need a solution to increase spending to save the economy. Why can't people see that spending is what got us into this mess in the first place.
  2. I once had someone say the difference between people in Asia and America was that American's use credit, and people from Asian countries save before spending money. I said the Asian countries were smart, turns out they were.
  3. John Jansen declared the current crisis "the financial equivalent of the Reign of Terror during the French Revolution." That's pretty bad, and it is the rich that are getting killed, most average American's still haven't felt the pinch from this. Of course they were being pinched long before the markets started collapsing.
  4. Wells Fargo made a good move, funny how they have capital to make this move. I'm going out on a limb and saying some smart people must work for Wells Fargo.
  5. The bailout bill sucks, and it's even worse with the added pork. Good thing we have John McCain to tell us next week about how pork barrel spending is the reason we are in this mess. (He voted for the bill.)
  6. My new music player is Banshee. I switched after Amarok lost my database for the 10th time. I'm not quite as happy with the interface as I was with Amarok's, but at least it's stable.
  7. Twitter had more difficulty staying up during the VP debate then during the presidential debate. At one point I just got a server unreachable error instead of a Fail Whale. That was a shock.
  8. People keep writing about how Sarah Palin survived her debate against Biden. Unfortunately, the presidency isn't a play, you don't get to rehearse your lines. Yes I know Biden rehearsed to, but he at least could answer questions outside of his comfort zone. Palin went from mortgages to energy in one question in the span of 30 seconds.
  9. I'm leaving for the weekend today, I set my fantasy lineups and just hope that no major news breaks today or Saturday, could really use a win in both leagues.

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