Monday, August 31, 2009

Updates galore

The New York Times is reporting that Microsoft has hired someone to help the monster of bad software find a way to get a grip on Google, they don't say it, but I will, nice move, in 1999. The boneheads who run Microsoft quickly grew fat and slow, in parallel with their terrible software and have yet to go on a diet.

Also in the Times, and this is kind of scary, Freedom Communications preps for bankruptcy. Now, if you are an American, the concept of any company called Freedom Communications going bankrupt sounds like the end of the world as we know it. Don't fret, this is just one of those right wing companies that thrive in places with fake boobs, lavish swimming pools and unnecessary tanning salons.

Democrats win in Japan, beating the Liberal Democrats. Wait, what?

Anyone else notice how newspapers and magazines always have a story on "the next shoe dropping in the recession?" Well, the Wall Street Journal has a story on the next shoe dropping, and this time it is real estate. That's right, the WSJ had to dig deep to find this story. Does anyone still read the WSJ?

The Financial Times reports that the Federal Reserve is making money on the bailout. So, the Fed bailed out badly run banks and insanely run insurance companies to the tune of 700 billion. These companies survive and pay back the bailout and now the government is pocketing some cash? This is good news, yes? Well, kind of. The banks continue to be run by greedy idiots and AIG survives with the worst business practices in history. Next bailout, maybe congress will think of regulating idiocy.

Wild fires in California continue. The states governor, almost finished with the states massive garage sale, declares a state of emergency. For a state almost out of all cash, who is paying the fire fighters?


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