DC

Roaming around DC on memorial weekend w/bikes (not in pics).

The Oracle said what?

BUFFETT: Well, from everything I've seen of the Abacus transaction, which was the one the SEC put out the complaint on, I do not see a problem with that transaction. We're a bond insurer, ACA was a bond insurer, MBIA, FGIC, Ambac, and all those companies started out insuring municipal bonds and then the profit margins got squeezed in the municipal bonds and they started drifting over and insuring other structured deals and so on.

Full Transcript: http://www.cnbc.com/id/36915020

Will somebody tell me why the person who called derivatives "financial weapons of mass destruction" is defending the making of a shitty derivative CDO that did cause destruction? Calling the very kind of derivative he was against "bond insurance" is something I'm not buying.

While driving

Mobile blogging

It works!

Edit from my stationary computer: The picture is from the church near my apartment, and meant to be made fun of after the election.

Pickens who?

Once a Texas oil man, always a Texas oil man.

Update: Something for those who like to read.

I see your updated maxims, and raise you a diatribe. Which leaves me wondering why this used to be so hard not too long ago...

Haha

This is a phone I could buy now that it will work on T-Mobile and 3rd-party apps are popping up like well, they should. Oh, that and the phone is actually Competitive with other smart phones (atleast as far as the T-Mobile network goes).

The media has an Apple bias!

It does, and you cannot convince me otherwise!

Now, on to the disturbing part:
The media has a conservative bias too,
and I dislike conservatives,
ergo, I dislike Apple as well.

It isn't enough that the food supply has been reduced to this (the whole NYT article is worth a read):

"So how is it that today the people with the least amount of money to spend on food are the ones most likely to be overweight? ... Drewnowski gave himself a hypothetical dollar to spend ... [he] found that a dollar could buy 1,200 calories of cookies or potato chips but only 250 calories of carrots. Looking for something to wash down those chips, he discovered that his dollar bought 875 calories of soda but only 170 calories of orange juice."

Now they have to go after chocolate!, apparently, the demand for chocolate isn't enough for a profitable and satisfied Hersheys:

"The US Food and Drug Administration is considering redefining 'chocolate' to allow substitution of vegetable oil ($0.70/lb.) for cocoa butter ($2.30/lb.), and whey protein for dry whole milk"

You can submit a comment to the FDA by tomorrow, this website has everything you need.