Tuesday, March 3, 2009

Misc stuff

I warned about Facebook and putting too much info online. Here is an item from the local newspaper: Oceanside teen sues Facebook Online taunting spilled into bullying at school.

I have some business colleagues that wanted to "friend" me on Facebook and I was hesitant to co- mingle them with my colleges buds. You never know what people from the young and foolish past might post.

Something from James Grant, Interest Rate Observer:
Citizen asks: "When will the pain of the bear market be over?"
Answer: "When you give up asking"

Something from Alex Spiroglou in a chat room:
Whenever a market slide has become subject to a downside target auction, a bottom is usually very near. (commenting on the number of posts this group of professional market technicians concerning where the market will eventually bottom - majority say 620 on the S&P 500)

Here is some viral (non) video making the rounds explaining TARP.
http://www.calculatedriskblog.com/2009/02/tarp-visualized.html

Like pouring water on sand. No matter how much water you pour on it, you still just have sand.

Maybe we can get some of Jack Black's "Va-Poo-Rizer" and just spray it all away!

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