Bob Morris @ 23:49 Category: Unfiled;
Thad Starr of Oregon celebrates winning the biggest pumpkin award at the Safeway World Championship Pumpkin Weigh-Off in Half Moon Bay, CA yesterday. What I want to know is how the heck did he safely truck it all those miles. He won $6 per pound or $9,168 and says someday someone will grow a 2,000 pounder and it might as well be him.
Bob Morris @ 19:03 Category: Election 2008, Unfiled Tags: Colin Powell, Kareem Rashad Sultan Khan;
From Colin Powell’s endorsement of Obama
I’m also troubled by…what members of the party say, and is permitted to be said, such things as, ‘‘Well you know that Mr. Obama is a Muslim.’ Well, the correct answer is, ‘He is not a Muslim, he’s a Christian, he’s always been a Christian.’
But the really right answer is, ‘What if he is? Is there something wrong with being a Muslim in this country?’
Kareem Rashad Sultan Khan was born in New Jersey. Powell specifically mentioned this photo in his endorsement.
Photo via Hidden Unities
Bob Morris @ 14:49 Category: Unfiled;
One easy solution is to turn the power strip after turning off everything attached to it. This insures that power won’t be wasted.
Bob Morris @ 09:10 Category: Election 2008;
Gingrich to Stephanopoulos: Powell endorsement ‘eliminated the experience argument’
Powell also said McCain’s slimy campaign tactics were a factor, and that Palin is not ready to be president. (”Which is what the Vice President’s job is.”)
You might argue in fact that in making up his mind so late in the campaign Mr Powell is demonstrating a political version of the so-called “Powell doctrine” he practiced as a military man.
That essentially involves only making your move when you are certain that overwhelming force is on your side. Or, in this case, that you are on the side of overwhelming force.
Bob Morris @ 06:30 Category: Credit crisis;
The Independent: Which country will slither down the slippery slope next?
The Guardian concurs.
‘Are there more Icelands out there?’ asks Christensen. ‘Yes, quite a few, it’s worrying.’
Some of the wobbliest countries include the Baltics, Hungary, Ukraine, Bulgaria, Argentina, Pakistan (yikes), and more. This is made much worse by the common practice of writing credit default swaps against the debt of those countries. There are billions of dollars in such delusional “fictitious capital” contracts. No one know who owns them because the CDS market is not regulated.
So, unexpected icebergs could emerge out of the fog and sink the unsuspecting. What, we loaned $5bn to XYZ and they just filed a bk because they couldn’t pay the $10bn in CDS they wrote against emerging market debt? That’s the real problem. No one knows where the risk is.
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