Fantastic!
5 February 2009 by Dan
Fantastic!
Good Bank, Bad Bank; Good Plan, Better Plan
1 February 2009 by DanGood Bank, Bad Bank; Good Plan, Better Plan
This is a good spin on the "bad bank" idea. But what I don't understand is why we need a bad bank at all. I thought the whole point of a bad bank would be to enable new capital investment in banks by clearing out their balance sheets. Well, the banks already received the new capital investment -- TARP funds. Why do they need to get the bad assets off of their balance sheets? They've got their new capital. Now, just hang on to the bad assets and liquidate them over the next several years, possibly at a profit -- just like the bad bank would do! What am I missing?
Convenience Fail
29 January 2009 by Dan
Convenience Fail
Denial Fail
29 January 2009 by Dan
Denial Fail
Billboard Slogan Fail
29 January 2009 by Dan
Billboard Slogan Fail
I live in a great neighborhood
1 January 2009 by DanFrom my neighborhood mailing list:
A beautiful start to the New Year on Ireland Drive Carriage Trail!
An anonymous good neighbor placed this sign on a stick with a rake on the trail about 2 weeks ago. It began on the county part of the trail from Jones Mill Rd. Volunteers each raked a section. Today all the leaves are raked from the foot bridge over Rock Creek all the way to the top of the trail near Linden Lane.
Bravo for a great idea and to all of us who participated.
Let's do this every year.
Itch Scratched
30 December 2008 by DanAh... feels so good to scratch that itch. Python, nntp, twitter, xmpp.
Soda is Baby Food
30 December 2008 by Dan[via Criggo]
IQ Test Results
23 December 2008 by DanIf I got 10 out of 10 correct, then I guess 146 is the upper limit on IQs? Don't I get extra credit for getting my "IQ" without forking over my cell number?
Awww…
18 December 2008 by Dan
Awww…
