A fairly straightforward (and sobering) explanation of the financial crisis Here. Another thought, that my boss mentioned yesterday, is that owning stock right now may not be such a bad idea after all. Even during the Depression, if you owned a piece of a company that stayed in business, you owned an actual asset that will maintain some value as long as the business is viable. And will recover value when the economy evenutally bounces back. Cash or bonds (government or corporate) may not be worth much more than paper or pixels. It may be a rough ride.
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Showing posts from September 14, 2008
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This Tar Heel team may actually be decent It's been a long time since I've been able to say that. Since Mack Brown was there, maybe. Even in 2001, when they had Julius Peppers and I think six or seven other starters on defense who were drafted into the NFL, I was never all that confident about them. (The offense really was uninspiring, even though Darian Durrant was a dynamic QB.) They looked pretty dang good vs. Rutgers. On the road, where they hadn't won in 20(!) games. They play Va. Tech Saturday at Chapel Hill. Tech's not as good as they've been in recent years, but they're expected to win the Coastal Division of the ACC. The Heels lost by only a touchdown to them in Blacksburg last year. Right now, it's the toughest game remaining on the schedule (though, to be sure, teams like Georgia Tech, Boston College and Maryland could improve as the season goes along). If somehow the Heels pull this one off, they could win a bunch more.
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Palinmania 10,000 people queue up to see Sarah Palin at a facility that will hold 3,500. The post also notes that an appearance here in Colorado was overbooked. Here's a report from the Rocky's David Montero: Her appearance with John McCain in Colorado Springs a week ago drew 10,000 people on short notice. Her campaign had to scrap plans to serve a pancake breakfast during Palin's appearance Monday, saying the demand for tickets was so great there wasn't enough room for tables and chairs to accommodate 5,000 people. Look, I have no idea if she's prepared to be vice president, which is not to question whether she's qualified. (If Obama's qualified for the top of the ticket, she's certainly qualified for the No. 2 slot.) In her ABC interviews this past week, Charles Gibson actually threw her a few softballs on domestic policy, asking her where she'd cut spending and what she'd do about Social Security. She swung and missed, in my view. Decide for...
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So long, KCUV I leave the blog for a few months, and what happens? KCUV, Denver's best commercial radio station by far, leaves the airwaves. It was scoring about a 1 in the ratings, so I guess it was no surprise. Still, it was the only place I knew you could hear Robert Earl Keen and Clarence Gatemouth Brown. They sponsored Hot Tuna, Junior Brown and Duke Robillard gigs in Denver. Another reason to renew my XM subscription, I suppose.
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I hate to say anything good about Coach K So I won't. But if you watch any cable sports, you're likely to see the Larry Linville lookalike on an advertisement for DePuy USA, maker of joint replacements, including the new hip he got a few years back. I'm a big fan of prosthetics (my ex's life is much improved, thanks to knee replacements). But what's really cool about this ad is that the older guitarist you see gyrating around the stage is the great Roy Gaines. Dude played with T-Bone Walker when Roy was 11 or 12. He's now in his 70s, and he still does this . Back in the day, I became a fan of Gaines thanks to Gary "the Wagman" Wagner at KLON. Bought a couple of CDs and then saw him live twice in Vegas at the Railhead. The shows were dynamite. Plus, he was signing CDs between sets and I got a chance to speak with him briefly. What a sweet guy. I know blues musicians don't make a lot of money, so I'm guessing the residuals he gets from these comm...