Wednesday, September 17, 2008

Capitalism Defined

Capitalism: The system under which the government provides bailout capital when large rich firms are about to go out of business. Article.

Tuesday, September 16, 2008

Booming Economy != Rising Stock Market

Shanghai Composite index plunged from 6000 to 2000 in a matter of months - with no fundamental changes in the Chinese economy. Another year, another bubble. Reminds me of this hilarious onion article. I'd be laughing if my emerging market funds were not scuba diving.

Sunday, September 7, 2008

Ambient Awareness

... and here we have it, a new term to describe what Facebook news feed and Twitter are creating.

Thursday, September 4, 2008

Talking Head Accountability

Historically news anchors have a hard time keeping up with talking heads as they spew out facts and opinions real time. But these days, shows like the Daily Show and Colbert Report can dissect, fact-check, and rip apart these pontificating blowhards. Case in point: