Loading...

Friday, June 18, 2010

Big Government


At some point in life we all become helpless. We're born helpless, we die helpless and in between we try to dodge life's many bullets aimed at rendering us helpless. Most of us get by all right, but not without at least a flesh wound or two.

There's only one thing that really matters when you're at rock bottom, and it isn't God or inner strength. It has nothing to do with 'be all you can be', or any of that buddhist crap. When you're helpless, really helpless, lying in the gutter of life (literally or otherwise-) you can't do shit and God is a distant memory at best . All your combative energy has long been drained, and those remnants of resistance you're still feeling are nothing more than spasms, like the twitching leg of a deer that was just run over by a pickup.
Read more »

Wednesday, March 10, 2010

I fear the Greeks



Timeo Danaos et dona ferentes
(I fear the Greeks, even when they bring gifts).
Virgil, 1st century BC

A new crisis looms. Far worse than the 'Great Recession' that the world is only just beginning to emerge from (albeit slowly, and everything but certainly). What can be worse than big banks insatiably inflating themselves with debt, until finally popping like balloons on a birthday party gone wild?

Well, how about whole countries doing the same thing?

Until about six months ago, the sovereign debt departments of big banks, hedge funds and institutional investors must have been about the dullest places a hot, young rookie trader could think of.
A bunch of gray haired, risk averse, washed out analysts and traders, producing estimates about national bankruptcies of Western nations that were so boring, you'd have to snore at least two lines (maybe three) of good quality coke before even attempting to read them, so as to prevent you from hurting your head against your desk, suffering from acute, atypical somnia.

Read more »

Monday, January 4, 2010

Why Nokia should go back to rubber



WHAT DO YOU DO WHEN you've lost your mojo? Do you try to get it back, or do you try to adjust to your new role? It's one of those questions quietly vexing those we once admired (but obviously don't anymore).

For those depopularized celebrities who happen to be reading this (because time is all they have) and who are opting to get back their mojo, I can only offer blood, sweat and tears. It's possible for sure, but not for the faint of heart. Rob Lowe has gotten it back -by playing in the West Wing. John Travolta has gotten it back -by playing in Get Shorty. But all the others -to the best of my memory- are lost in translation. Livening up private parties of the rich, opening rodeo's and Asian shopping malls; stuck in home shopping network limbo.
Read more »