October 2008
Leader of Taliban in Pakistan dies →
winstonwolfe:
There is of course someone who will step in and take his place but still very significant.
Why is this significant? He died of kidney failure.
“FDR told his fellow Americans that ‘there is an element in the readjustment of...”
– Barack Obama
Washington Wire - WSJ.com : Obama Urges Supporters to Unite on Financial Rescue
September 2008
“Safe in their think-tanks, some of our friends have claimed that talk of a...”
– The Beltway Crash - WSJ.com
“The big mistake policymakers made in the 1930s was to allow too many banks to...”
– Financial crisis: Western world will become significantly less wealthy - Telegraph
Fresh polling analysis at Gawker.com
peterfeld:
I’ve decided I don’t mind Pareene depicting me as raining on your parade. My polling analysis for Gawker isn’t negative at all this time, considering. The financial crisis has definitely changed the game:
It’s certainly looking much better. Jay Cost at RealClearPolitics explains this nicely with charts and statistics, but basically, Obama’s support has risen slightly through the...
“Obama said the bill has been “misunderstood and poorly communicated.”
“When...”
– (via washingtonpost.com, spintree and robot-heart)
This is what I call acting presidential.
(via gregbrown)
(via peterwknox)
Damn straight.
“If the credit markets collapse, what it means is banks aren’t lending...”
– Barack Obama
Obama Relates Wall Street Meltdown To Young Voters
“In a forum on public service on campus earlier this month, Mr. Obama (Columbia...”
– lawls. (via muppetpants)
It’s not what you say, but how you say it.
(via notthatkindagay)
Or who says it.
(via muppetpants)
Isn’t half of leadership convincing people that you have the best judgment, and that they should follow you?
(via robot-heart)
It’s not what you blog, it’s who reblogs...
“My team is working on Flash on the iPhone, but it’s a closed platform.” He noted...”
– The #1 thing I wanted on the iPhone is flash, for streaming video and streaming audio. Looks like we can have it soon, if Apple plays ball.
Flash Magazine > News > Flash for the iPhone confirmed at FOTB
(via fred-wilson)
Awesome.
I'm not sure what this means...
rodtownsend:
mikehudack:
But trading volume today is about half what it normally is. Volume was super high yesterday as everything fell.
Rosh Hashanah.
Duh.
“Right now, Mr. Bloomberg is barred by law from seeking re-election. But he will...”
– Bloomberg Called Ready to Announce Third-Term Bid
Wow.
(via mattlehrer)
I'm not sure what this means...
But trading volume today is about half what it normally is. Volume was super high yesterday as everything fell.
No one's tumbling the market recovery.. →
brianconley:
It’s a bit strange to me how everyone was ready to tumbl minute-to-minute the market’s crash, but no one is following its near 50% recovery of yesterday’s losses…
A bit short-sighted or mob-mentality of my fellow tumblrs?
Here’s hoping the rally continues…
You’re right. If it bleeds it leads.
Unfortunately this could well be a dead cat bounce.
“FDR gave us “We have nothing to fear but fear itself.”
Churchill gave us “We...”
– Jeff Matthews Is Not Making This Up: Nothing to Fear but Irresponsible Words (via fred-wilson)
“The Conference Board said Tuesday that its Consumer Confidence Index is now at...”
– Consumer confidence unexpectedly improves in Sept.: Financial News - Yahoo! Finance
Apparently, foresight is also 20/20.
katiebakes:
From a New York Times article titled “Fannie Mae Eases Credit To Aid Mortgage Lending”, written exactly 9 years ago this day our lord:
In a move that could help increase home ownership rates among minorities and low-income consumers, the Fannie Mae Corporation is easing the credit requirements on loans that it will purchase from banks and other lenders.
The action, which will...
“16th.”
– Spokesperson for Michelle Obama responding, on behalf of Michelle, to Barack Obama’s comments about their upcoming 15th anniversary. Obama made Keith Olbermann’s Worst Person List yesterday. (via election08)
“In today’s world you are either moving forward or moving backward - stasis is...”
– Roger Ehrenberg (via betaworks)
“He said that so far, in the eyes of the world, the pirates had been...”
– Somali Pirates Tell All - They’re in It for the Money - NYTimes.com
Somali Pirates Tell All: They’re in It for the... →
peterwknox:
jennifur85:
“We just saw a big ship,” the pirates’ spokesman, Sugule Ali, told The New York Times. “So we stopped it.”
The pirates’s spokesman!?
Brilliant.
“Thirty percent for people who portray national socialism as innocuous, who crawl...”
– Austria in crisis as far right win 29% of vote | World news | The Guardian
McCain Admits Lying For Ambition
soupsoup:
Interviewer: “There was a political issue, a local issue about whether the confederate flag should fly over the capital. You waffled on that.” John McCain: “Yes. Worse than waffled. I said it was strictly a state issue clearly knowing that it wasn’t” Interviewer: “Thats not what you believed in your heart.” John McCain: “No” Interviewer: “What did you believe in your heart.” John...
“Therefore, while I am discouraged at the final collapse of the Bush...”
– Newt Gingrich coming out, reluctantly, for the bailout. This was right after he encouraged House GOP members to vote against it. (via election08)
“One addition Obama is proposing calls for raising the amount of federal deposit...”
– My Way News - Obama says bank deposit insurance should be raised
A great idea.
“A US space company founded by an Internet multi-millionaire has become the first...”
– Private company blasts rocket into orbit
Bankruptcy, not bailout, is the right answer →
adamiss:
When Harvard Libertarian Economists talk, I tend to listen. I was particularly interested in this portion:
The obvious alternative to a bailout is letting troubled financial institutions declare bankruptcy. Bankruptcy means that shareholders typically get wiped out and the creditors own the company.
Bankruptcy does not mean the company disappears; it is just owned by someone new (as...
Test-driven management
When we started blip we didn’t have any statistics to guide us. We were entering a brand new market. We were, in many ways, creating a market.
This state continued for quite some time. Years, really. It seemed silly to to look at the micro picture — and to manage by the micro picture — when the macro picture didn’t really exist yet. All we could do was continue...
Great Comment on Brad's Post on the USV Blog
fred-wilson:
This is a very important idea, not least because I f@cked it up in my recent launch. This is the key insight: “The burden is on the designer of the system to meet a need, entertain, or inform their users. They also have to seduce those users, hiding complexity, revealing one layer at time, always enticing, never intimidating, until the user one day finds they are intimately familiar...
“If we don’t pass it, we shouldn’t be a Congress.”
– Senator Judd Gregg of New Hampshire, the senior Republican on the Budget Committee and the lead Senate negotiator, Bailout Plan in Hand, House Braces for Tough Vote (via antipop)
“I think Obama will do good if he is given a chance. I hear people say he’s all...”
– Leone Brickler, a “coater” at the Kaukauna Cheese factory. She puts the nuts on cheese balls.
Union Leaders Confronted by Resistance to Obama - NYTimes.com
“We’re very conscious of the fact that many voters have never voted for an...”
– Karen Ackerman, political director of the AFL-CIO
Union Leaders Confronted by Resistance to Obama - NYTimes.com
For his part, Mr. Palin has worried about the... →
southpol:
robot-heart:cvxn:karion:
If you can figure out the strategic purpose of planting that quote in a WSJ story about Palin’s preparation for the debate and further interviews, well, you, too, have been following this election closely.
Interesting. It has been three or four days since McCain did something uber-Mavericky.
“Prediction: A scaled-down bill will be enacted by the end of the week. It will...”
– Robert Reich, former Labor Secretary and professor at Brandeis (I took his class), on his awesome blog. (via innonate)
“As Congress prepares to vote on a proposed economic rescue plan, opposition to...”
– Rasmussen Reports™: The most comprehensive public opinion coverage ever provided for a presidential election.
“I wouldn’t have loaned me the money. And nobody I know would have loaned me the...”
– The Media Equation - Daring to Say Loans Made No Sense - NYTimes.com (via skidder)
“You don’t have Asperger’s. You just think you’re a lot funnier than you are.”
– Head of Asperger’s research at NYU, to Chuck (via david)