• kjherman commented on Federal Reserve Orders Emergency Interest Rate Cut
• 3 days ago
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The implication here is that the Fed cutting rates will incite some level of enthusiasm in the market. Unfortunately, the Fed as it exists today (less than 100 years old), has never been in this situation before and any expectations of the outcome are merely speculation. The market is usally adept at anticipating Fed rate moves. Additionally, this does nothing to remove the underlying cause... mortgage driven credit crunch.

As they say though... it's always darkest before dawn. Or was that... stick it to the taxpayer, they'll eat anything (apologies to Mikey)

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• kjherman commented on Senate members who missed votes | 110th Congress
• 4 days ago
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As much as I am not a Ted Kennedy fan, I find his level of missed votes one of the few excusable numbers. Obviously Senator Johnson had little control over his, and Senator Thomas passed away.

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• kjherman commented on Paterno Outshines Supposed Successor - WSJ.com
• 4 days ago
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I've been in the camp of JoePa being a dinosaur for a while. But, I guess rumors of his demise have been greatly exaggerated.

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• kjherman commented on 59% Would Vote to Replace Entire Congress
• 4 days ago
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It would seem to me that a sizeable percentage of these people were elected with the best of intentions. Similarly, it would seem that many have had the privilege of advanced education. So something is dreadfully wrong when so many of them seem to be total self-serving idiots.

Some of these guys (and gals) have to have the public's interest in mind... they are just not very obvious.

I wonder though if this does not ring of "the grass is always greener on the other side"?

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• kjherman commented on 75 percent of all Firefox downloads never get used
• 8 days ago
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I wonder if this outside of the norm for downloads of significant free software. Anyone?

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• kjherman commented on 100 Incredibly Useful and Interesting Web Sites
• 8 days ago
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Digg it man! I never really got on the Digg train. Being a Mixx-master is far more appealing!

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• kjherman commented on BBC NEWS | Technology | iTunes store shutdown feared
• 9 days ago
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Sure looks like a big game of chicken to me.

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• kjherman commented on Chicago Woman Wins House on eBay for $1.75
• 9 days ago
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I'm torn on what to think of this. On the one hand I say "hell yeah", buying a house for a buck seventy five plus $850 back taxes is cool.

On the other hand I think to myself, isn't there a way to get this house in to the hands of someone needy in the area. I mean somebody like Habitat for Humanity could flatten the existing house and put up a new house for relatively cheap given ownership of the land.

Damn... I sound like a bleeding heart liberal, which is far from the truth. I guess my old age is thinning the cerebral membranes!

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• kjherman commented on Included in the Revised Bailout Bill - Wool Research, Wooden Arrows for Children, Race Tracks Rum
• 9 days ago
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This is the kind of crap that should be punished. Whether one supports a bailout or not, this has no business being on the bill.

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• kjherman commented on Commentary: Bankruptcy, not bailout, is the right answer
• 10 days ago
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@allen_mvp Awesome description. A little unexpected, but accurate in my mind.

I actually do support a bailout, but one in the form of the AIG takeover -- "Sure, you can have $75 billion, but we now own 80% of your company". In the case of AIG, that was a big deal, as AIG actually does have valuable assets in addition to their funny money credit swaps. The other key ingredient to me to the AIG bailout was that the CEO got canned, and replaced with someone that the government chose -- someone expected to run the business the right way.

So my response to any company that feels the need to be bailed out is... sure, if you fire your CEO and CFO, give us the substantial majority of your outstanding common stock. And oh by the way, we are going to use our voting shares to completely oust your board. Still want the money?

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