Saturday, October 17, 2009

DOW 10K: Easy Come, Easy Go

  • dichen-lachman Everyone was excited. At least for a little while.  It is amazing that we first hit 10K in 1999.  One would think the market has been unplugged for 10 years.  It’s been a roller-coaster of highs and lows.
  • Pictured?  Dichen Lachman from Dollhouse.  Hubba hubba.
  • Say, what was really in that balloon?  LOL:  “The 2009 Nobel Peace Prize ballots”  More good ones at the link!
  • Something is wrong with Wall Street.
  • Something is wrong with me.  Working way too much.  On a huge-dollar project, and as someone told me “You’re getting a lot of visibility.”  Better end up good, huh?  Otherwise, it can turn into one of those Brady Quinn – Derek Anderson fiascos.  Anyways, I haven’t given up on blogging or the desire to do so.  Honest.
  • Bought a new wireless keyboard and mouse.  Overall?  Like it!  Less cables!  Sometimes, it seems as if the keyboard misses a keystroke or two.  Wait!  You think maybe that’s more attributable to my typing skills?
  • I’m listening to Motley Crue, Saints of Los Angeles.
  • SuperFreakonomics isn’t even on sale yet, and the attacks on our chapter about global warming are already underway.  That’s the funny thing about the emotionally-charged beliefs about global warming.  The alarmists are quick to attack. Read the link.  Maybe you’ll be surprised at what Steven Levitt really believes about global warming.
  • State revenue falls most since 1963. U.S. state tax collections tumbled the most in almost half a century in the second quarter as the economic recession curbed levies on incomes and sales.
  • Meanwhile, the debate continues on how much exactly health care will cost you.  Look, it’s going to cost more than what you currently pay.  There are over 40M people who currently do not have health care, will now be going to the doctor.  Increasing demand absent of increasing the supply of health care (doctors, nurses, medicine, facilities) will lead to increased costs.  The estimated additional costs are somewhere between an additional $800B (CBO number) and $2T (Joe Biden number).  And then government estimates are usually a bit short by some exponential factor.
  • On tap for today?  Watching college football and drinking BEER!  Life is good.  Just saying.
  • Hey, moved the USB dongle for the wireless keyboard to the front USB port, which is closer to the desk, and that seems to have improved my typing skills.  Woot!
  • Hey, it is okay if we disagree politically, right?  Lets agree on football and beer, and let the rest fall by the wayside.
  • Ending the blog entry with a little Ray Davies.  Cooler, calmer and more collective.  Or, maybe that should be reflective.  Bring on football and beer!

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