Archive | March, 2009
Please remember I am opposed any and all bailouts, but is anyone else appalled at the hypocrisy of Congress. They have only managed to balance one three budgets in the last 60 years, yet they think they can lecture AIG and others about their poor stewardship of investors money.
I am adding this book, Hamilton’s Curse to my Eco anti-library. This shows the origins of the arguments about what to do in a time of financial crisis go all the back to the founding of the Republic. Best line, “At least Aaron Burr had a good reason for shooting someone, unlike Dick Cheney.”
Try thinking about this the next time you hear someone say "$1 trillion." Seconds Minutes Hours Days Years 1,000 16.67 0.28 0.012 0.000032 1,000,000 16,667 278 11.57 0.032488 1,000,000,000 16,666,667 277,778 11,574 32 1,000,000,000,000 16,666,666,667 277,777,778 [...]
This is a reprint from Holden Advisors newsletter, this is the best advice for pricing in these economic times. Emerging Market Innovations Protect Profits at Home Commentary By Mark Burton From Innovation Trickles in a New Direction, BusinessWeek.com, March 11, 2009 One the most effective ways to preserve the pricing power of high-value offerings is to have [...]