Double Dipping
What happened in yesterday’s market underlines the deep bind we now find ourselves in. We have politically precluded new revenues and have shifted our attention to deficit reduction at a time when we would need to invest. We have already [...] Read more
If You Need To Raise Money, Get Your Financing Done ASAP
I was already planning to write this post today before I knew that the markets would open down sharply (Nasdaq down almost 3% as of 11:30am Eastern). While we are still well off the 52-week lows this shakiness in the [...] Read more
Lending Club
Have you ever wondered why a bank charges an 18+% interest rate on credit card balances (regardless of credit history), but only pays depositors 1% on their balance? These are fantastic economics for bank management and bank stockholders, but not [...] Read more
Identity, Pseudonymity, Anonymity and HR1981
The question as to what should represent people online has has generated some mighty fine posts and comments recently. Here is a short list of people strongly supporting some form of pseudonymity or even anonymity: - Caterina Fake: Anonymity and [...] Read more
A Time of Demagogues and False Prophets
I have been struck recently by how much is being said and published by politicians and their supporters that is outright wrong. The latest attempts to rewrite slavery as a time of “family values” for African Americans is yet another [...] Read more
Everybody wants to be special here (In praise of pseudonymity)
In real life I am who I am. As Boon and Watt once wrote: "Real names be proof."But does a name, a real name, an identity, capture the full richness of personal self-expression? I'm not sure it does - indeed [...] Read more
Rewriting the Tax Code
I wrote a bit of a rant recently about the structural changes in our economy and society that need to be addressed. What we are getting instead – not surprisingly – is a lame last minute compromise on the debt [...] Read more