“For this year, everyone that’s called has pretty much been just looking for money. That’s as opposed to the last couple of years, where some people were just sick of the crime and wanting to do something about it.”
Sgt. Lawrence Beller, 18 May 2008Recession! (6 March 2008)
Better stock up on canned goods while you still have a job. We’re all basically doomed. It’s gonna be just like the 1930s.
“About 25 percent of the families that we’re seeing at our family shelter are a direct result of the sub-prime mortgage crisis. It doesn’t surprise me at all if people are finding an empty property and trying to make a little home for themselves.”
Anne Nolan, Spokesperson for Crossroads Rhode Island, 5 March 2008Fighting the War on Recessions
Check out the key reason federal lawmakers from Rhode Island and Connecticut are supporting an increase in the Navy’s budget for Virginia-class submarines:
Mating season for large IT firms (12 February 2008)
Microsoft isn’t happy with Yahoo’s decision to spurn its $44.6 billion takeover bid, but the software maker is going to let Yahoo! live with the consequences a while before applying added pressure.
Microsoft said as much, however politely, on Feb. 11 when it called the offer, extended on Jan. 31, “full and fair.” The remarks came in response to Yahoo’s earlier statement that Microsoft’s bid “substantially undervalues” the company. The interchange is part of a delicate dance that, while cordial now, could soon turn hostile. “The process is following a reasonably well-known mating ritual,” says Joseph Grundfest, a Stanford Law School professor and former commissioner of the Securities & Exchange Commission.
Close all your Bank of America accounts (11 February 2008)
Standard good advice, and BusinessWeek has just provided another great reason.
Economies of massive scale (1 February 2008)
“Microsoft (MSFT) launched an unwelcome takeover bid for Yahoo (YHOO). Microsoft said Feb. 1 it will pay $44.6 billion, or $31 a share, for Yahoo. The offer represents a 62% premium over Yahoo’s closing share price Jan. 31.”
Handling Paperwork
—From Dave Walker. His method is strikingly similar to my own.
I want the deluxe model. (11 January 2008)
The Tata Group in India has announced the Nano, “a car that most people said could not be manufactured at that price”.
“The things which have the greatest value in use have frequently little or no value in exchange; and on the contrary, those which have the greatest value in exchange have frequently little or no value in use. Nothing is more useful than water: but it will purchase scarce any thing; scarce any thing can be had in exchange for it.”
—Adam Smith,An Inquiry into the Nature and Causes of the Wealth of Nations
#Cost per day to UK businesses of time wasted on social networking sites, according to Peninsula, an employment law firm
:£130m #
Richer than Bill Gates (4 July 2007)
“Bill Gates has been replaced as the world’s richest by a Mexican telecoms tycoon, according to a Mexican financial website.”
Wal-Mart's ethics policy (13 June 2007)
If you see something that has even the appearance of something unethical, you should STFU.

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