Oh give me a break Geithner, you want what? U.S. Treasury Secretary Timothy Geithner on Tuesday called on the International Monetary Fund to provide rigorous surveillance to spot new investment bubbles and keep country foreign exchange policies in line with goals to rebalance the global economy. … "The IMF will need to be a truth-teller," (more…)
There was a new study out that said every child born after 2000 will live to be a 100 years old. I subscribe to a magazine called “Der Aktionaire” and the following alert came out. Dass die Menschen immer älter werden, ist nicht neu. Die Ergebnisse einer Studie, die deutsche und dänische Forscher vor Kurzem (more…)
Last night I was reading in the Swiss paper that Egypt is planning on introducing a veil ban. Though the interesting part is who wants to introduce this ban. Egypt’s top Islamic cleric is planning to ban students wearing the face veil from entering the schools of al-Azhar, Sunni Islam’s premier institute of learning, according (more…)
On Sept 25 I posted a comment on how Linux could be the new threat. Am I still of this opinion? Oh yeah! I am (still) utterly stunned at how good my netbook and my desktop server with GUI executes. Linux and Ubuntu might finally have cracked that nut. I have even found that GNumeric (more…)
I have received quite a few books to do book reviews, and frankly I have been dropping the ball. BUT no more! I plan on doing regular book reviews. I am not going to do stars or ratings because they are silly. You can’t just say a book is 5 stars if all of your (more…)
On the weekend I had a good talk with a good friend of mine and I asked, “what’s wrong with the US?” He said, “its easy, we are self-delusional.” I asked, “Really how?” He answered, “I sat down with a guy who was retiring from Ford in five years. He said he will be able (more…)
Ah yes, jobs were lost in the US, more than expected, and now it is all doom and gloom again. After all stocks have risen too much, too soon, and too fast, at least according to him. “Markets have gone up too much, too soon, too fast,” Roubini said in an interview in Istanbul on (more…)
In the you have got to be kidding me department, Ballmer admits that he screwed up Windows Mobile. Or how about I rephrase that he blasts the team. Sorry, but Ballmer this is two, count them, two major f***k ups under your tenure. The first was Vista, and now it appears the second is Windows (more…)
When you look at the Redhat balance sheet and its latest results you have to say, wow, this company seems to have their business under control. But I wonder, if not something bigger is happening. With every recession and every bust things change. When times are good there usually is not that much change. Sure (more…)
Well, now I do agree the market is getting frothy. When I hear the koolaid going around I naturally become sceptical. Of course I have been cashing out positions and banking my earned monies (Am up 28% from Jan 2008!!!) Essentially I outpaced the S&P, by not having lost any money in the 2008, 2009 (more…)
