March 2009 Archives

links for 2009-03-31

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  • The lesson should be clear. Commercial banks are just too important to the economy to be allowed to participate in the more dangerous business areas of modern finance. Trusting in the good sense of bankers to avoid excessive risk doesn't work. In a deregulated environment, caution is penalised and the conservative are soon pushed out.
  • All graphs on this page are ©Dave O'Brien 2003-2009, and licensed under the Creative Commons as Creative Commons License Sars Graphs is licensed under a Creative Commons Attribution-Share Alike 3.0 Hong Kong License. (I should have done it years ago, but I didn't even think of it until listening to <a href="http://www.43folders.com/2009/03/25/blogs-turbocharged">this podcast by Merlin Mann and John Gruber</a>.)

links for 2009-03-30

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links for 2009-03-29

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links for 2009-03-28

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  • Instead, the American financial industry gained political power by amassing a kind of cultural capital—a belief system. Once, perhaps, what was good for General Motors was good for the country. Over the past decade, the attitude took hold that what was good for Wall Street was good for the country. The banking-and-securities industry has become one of the top contributors to political campaigns, but at the peak of its influence, it did not have to buy favors the way, for example, the tobacco companies or military contractors might have to. Instead, it benefited from the fact that Washington insiders already believed that large financial institutions and free-flowing capital markets were crucial to America’s position in the world.
  • Based largely on my travels in China but also on events like the linked article, I'm finally beginning to think we're on the tipping point for Electric Vehicles. In five years time, I'd like to see most new cars be Electric. That requires a lot of local infrastructure and commitment to change, which HK government will not do unless China does it first. We're relying on the completely corrupt cadres for any progress. HK Government are truly a bunch of spineless weasels.

links for 2009-03-26

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links for 2009-03-25

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links for 2009-03-24

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links for 2009-03-23

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links for 2009-03-22

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links for 2009-03-19

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links for 2009-03-14

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links for 2009-03-10

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links for 2009-03-09

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links for 2009-03-07

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links for 2009-03-06

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links for 2009-03-04

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links for 2009-03-02

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links for 2009-03-01

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This page is an archive of entries from March 2009 listed from newest to oldest.

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