I am starting to wonder if the well read blog, Out of Ur but Christianity Today has a purpose other than to troll for controversies it can post and if it has anything constructive to contribute anymore at all? If it really wanted to contribute something back to the Kingdom, it would delete the archives [...]
September, 2008:
Recently on Twitter
Republicans had their feelings hurt so they rejected the bailout? http://tinyurl.com/3pf3fc # Apparently @wachovia isn’t as well capitalized as they had hoped either. The big question is what happens to the Wachovia Centre # About that market… I see working as a Wal-Mart greeter in my future. # @adamwc You need to use Bloglines or [...]
CBC tosses Heather Mallick under the bus
From the publisher Mallick’s column is a classic piece of political invective. It is viciously personal, grossly hyperbolic and intensely partisan. and admits to a left wing political bias at the same time. Ombudsman Carlin makes another significant observation in his response to complainants: when it does choose to print opinion, CBCNews.ca displays a very [...]
Contextless Links
How the Conservatives defined Stephane Dion What happened to the Liberals in “Fortress Ontario”? :: So strong was the Liberal hold on power that some politicians and academics argued it could only be broken by a proportional voting system to replace the "first-past-the-post" system that had been in place since Confederation. There was talk of [...]
Recently on Twitter
@onehouse Personally O think you are afraid to debate the crisis… # @shelisrael let us keep the CFL and you may have a deal. # @davewiner Replace her with Bloomberg # Is the Federal Reserve broke? # The Fed loans out $800m dollars (the size of it’s reserve) and buys worthless mortgage backed securities. The [...]
The moral of the housing crisis
Michael Lewis on the sub-prime mortgage crisis The real moral is that when a middle-class couple buys a house they can’t afford, defaults on their mortgage, and then sits down to explain it to a reporter from the New York Times, they can be confident that he will overlook the reason for their financial distress: [...]
How Sweden Solved it’s Banking Crisis
From the New York Times Financial deregulation in the 1980s fed a frenzy of real estate lending by Sweden’s banks, which did not worry enough about whether the value of their collateral might evaporate in tougher times. Property prices imploded. The bubble deflated fast in 1991 and 1992. A vain effort to defend Sweden’s currency, [...]
