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Daily Archive: February 10, 2009

sunlit and winding path




sunlit and winding path

Originally uploaded by kaiyen

I have been trying to carry a camera with me everywhere I go. I think I’ve mentioned this before. Not as a “photo a day” project, as sometimes it’s a film camera, but the goal is to be ready when the light is right, when the scene presents itself, etc.

I walk by this bench and very small stone pathway 100 times a day. This time, the light was hitting it just right that it made me stop. I cropped the image a bit but this is all about the light.

And yes, I wish those cars weren’t back there. But I didn’t have a forklift handy so they stayed.

February 10, 2009 Uncategorized 1 Read more >

Toxic Assets – finally doing something about it

Geithner Unveils Revised Bank Plan – BusinessWeek

Paul Krugman, the economist, wrote a while ago about how one of the factors in any stimulus plan was that government spending alone would not be enough.  The government had to get “toxic assets” (bad mortgages, etc) off of bank balance sheets so that those credit institutions could start lending again.  This is a pretty critical aspect.  Even if it’s just psychological, our lenders are not lending, and our economy is based on 1) consumption and 2) borrowing (because, in general, we never have as much money as we’d like to spend).  The machine just starts to break down at that point.

Jon Stewart, in assessing all the tax problems Obama’s appointments have had, commented that Geithner got through because he’s the only one that can save our economy.  Good first step, IMO.

Oh, btw – key point is that there is going to be a test to see whether banks can really lend or not.  I like requirements for giving out up to $1 trillion.

February 10, 2009 2008 Economic Crisis, Articles from the Web, , , 0 Read more >

Hadron Collider – still time to end the world

BBC NEWS | Science & Environment | Hadron Collider relaunch delayed

Remember how people theorized that the Hadron Collider would, in trying to recreate the big bang (but in a small, controlled manner!) was going to end the world (there was a great article somewhere that debunked those fears but I don’t know where it is…)?  Then it turned on and nothing happened?  Then it broke down?

Well, now they’re fixing it so we got another chance!  Woohoo!

February 10, 2009 Articles from the Web, , 0 Read more >