Day August 18, 2008

Global Voices Online

I learned more about the amazing Global Voices Online at San Francisco Wordcamp on Saturday. They have contacts in countries worldwide that scan bloggers in their country looking for new and important news. Such news gets posted to Global Voices…

1,000 banks could fail

So says billionaire LBO specialist Wilbur Ross. This is probably a real good time to not have over the insured amount (generally $100,000) in any bank, especially not in a small bank. The FDIC quite rightfully says no one has…

California budget still deadlocked

If no budget is passed by the end of the month, then hundreds of thousands of California state employees will receive $6.55 an hour instead of their regular pay. Republicans in the assembly blocked a budget yesterday because it would…