It is important to understand that the Dow is moved by people who thought that Bernie Madoff is a genius and that Pets.com was worth tens of billions of dollars. And, they somehow could not see an $8 trillion housing bubble right in front of their faces.
The people who move markets are not people with a deep understanding of the economy or anything else. It would be absolutely crazy to try to run economic policy based on the peculiar quirks of the Wall Street crew.
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Scopitones.com now on iTunes Music Store
Scopitones.com now on iTunes Music Store
WOOT!!!
You can now subscribe to Scopitones.com as a Podcast at the iTunes store. I’m not exactly sure how this happened (or even how I discovered that it had happened), but thanks to whoever made…
via karateboogaloo
“We’re throwing out the idea of software as a commodity and replacing it with the idea of labor and participation being valued more than ownership,” Eric Goldhagen
Square root day is a humorous holiday celebrated on dates where the day and the month are both the square root of the last two digits in the current year.[1] For example, the last square root day was March 3, 2009 (3/3/09), and the next square root day will be April 4, 2016 (4/4/16). The final square root day of the century will occur on September 9, 2081. Square root days fall upon the same nine dates each century. These goofy holidays can also be referred to as “Squared Day,” as the date written out is like a mathematical equation. 03 x 03 = 09 (03.03.09)
Also, if you watch the final moments video taken by Alex Lotorto, who I interviewed here, you’ll see more crazy stuff, including a guy screaming “fucking snakes!” at the administrators and an inventory of personal items that Lotorto fears might be confiscated. It’s like a caricature of a protest.
(via therealjanelle: youngna🙂
See images of Foreclosed Homes by Todd Hido (within the interiors section). The series will be published in a forthcoming book, Witness Number 7, alongside portraits from the 1980s by Leon Borensztein. (Nazaraeli Press, March 2009.)


