Archive for the ‘Debt Lending’ Category

August 16th, 2008

Cost cutting versus cost shifting

As we get closer to Tuesday’s special legislative session on reducing the state’s 1.3 billion budget, the pace of messages is increasing from groups that don’t want their members included in the billion proposed cuts. Gov. David Paterson called the session because of the effect the weakening economy is having the state’s tax collections.
The [...]

August 13th, 2008

Reader Mail

If you want to see the olimpics online, go to mininova I liked
BitTorrent is nice. I prefer downloading pornography to the Olympics!
This post is long enough. I’m leaving a few comments for the next one, so don’t feel slighted if I missed one or two. The ones I left are ones [...]

August 13th, 2008

Who Cares About the Olympics?

The last time I seriously watched TV coverage of the Olympics was in summer 2000. In Greco-Roman wrestling, the American Rulon Gardner was matched up against Russian Alexander Karelin in the gold medal match. I hadn’t watched any Greco-Roman wrestling, and was curious to see what it was like. NBC spent hours [...]

August 13th, 2008

Non-Conspiracy Nuts

I am often described as a “conspiracy nut”. However, if a massive conspiracy *ACTUALLY EXISTS*, then it’s perfectly acceptable to talk about it.
People who say “There’s no conspiracy!” should be referred to as “non-conspiracy nuts”. If you refuse to acknowledge the existence of a conspiracy, despite massive evidence, then you must be insane.
As [...]

August 13th, 2008

The Policeman Cult

Did you notice that Jehova’s Witnesses always travel in pairs? If one person starts questioning their brainwashing, their partner keeps their thoughts in line. If necessary, a deviant can be reported to their superiors.
I lived in an apartment building where two Mormons on a “mission” were living. They always traveled in pairs.
If [...]

August 13th, 2008

The Penny Quoting Rule

There were relatively recent regulations passed by the SEC for fully electronic stock markets. The most important one was known as “Regulation NMS”.
The NYSE excels at lobbying the State for favors. Naturally, the regulations were written in a way that favor the NYSE and other large stock exchanges. Small ECNs are squeezed [...]

August 13th, 2008

Who Cares About the New Delicious?

I’m using delicious as my bookmarking tool. I was hoping that the much-hyped new delicious would have some cool new features.
It’s almost exactly the same. They just changed the layout of the page a little.
Actually, it’s slightly worse, because I now have to click once more to open my list of tags.
I’m looking [...]

August 13th, 2008

Ruby on Rails Sucks!

At my slave software engineer job, I’m working on a web development project. Currently, it’s written in jsp/Java/Spring/Beans, which is horrible, but at least it runs. Rewriting it in another language probably was a good idea.
My boss decided to rewrite it in Ruby on Rails. Neither my boss nor anyone else here has [...]

August 13th, 2008

Who Cares About the Olympics?

The last time I seriously watched TV coverage of the Olympics was in summer 2000. In Greco-Roman wrestling, the American Rulon Gardner was matched up against Russian Alexander Karelin in the gold medal match. I hadn’t watched any Greco-Roman wrestling, and was curious to see what it was like. NBC spent hours [...]

July 29th, 2008

Mortgage loans just got harder to get

Mortgage insurers require higher credit scores and bigger down payments than they did a month or two ago. Underwriting software used by brokers and loan officers is issuing fewer approvals than at the end of May. Most buyers can still get home loans, but some find themselves pushed out of the private mortgage insurance, or [...]