The ineptitude and perhaps blind faith of the government in itself.

The government is made up, after all, of emotional human beings. They can be rational, if it suits them. What suits a politician? besides Armani.

By the way I've been hoping to order more technical books. If anyone has a recommendation on Python 3.1+ programming I'd love to hear it. Leaning towards this one, but hoping it's not too far ahead of my ability to understand the basic syntax (it's been a while).



On that note, an interesting look back at a man who used to run the free world's economy.



His new op-ed piece in the WSJ is here

How to Beat the Crowd in the Stock Market

From How to Beat the Crowd in the Stock Market

Great Active Investor Carl Icahn

Key points he made were distressed debt was cheap, bank debt was cheap.. but that equities are quite risky. He seems hesitant to recommend that area at all.

To Hedge the US dollar he cannot speak too much. He doesn't play the currency market because of his lack of knowledge. Same reason he doesn't use computers and the electronic futures markets to do arbitrage.

Tip for Universities on youtube

what would help the youtube e-learning community, specifically with recorded lectures would be an index of the video with minute links (links to bring you to that minute in the video) so we can go back easily to a certain lesson or talk.

thank you.

Inside look @ Portugal

It's intriguing that each nation has bailed out it's banks in order to put itself at risk of deficit spending. Pushing the private liabilities onto the public balance sheets. Why? I'll speculate why, because the governments of the world rely on those banking infrastructures for their day to day operations. State, Local, and especially National governments cannot rely on it's people alone.. but on the international markets to provide funding for itself.

Why else would it be in the interest of governments to save banks? To avoid what?

GOOD talk on the China / US relationship.. economic and political

My feelings EXACTLY on what the US wants from China.. and Chinese interests in greater high tech goods.

More testimony on how abrupt and suprising China's moves have been