Archive for the ‘Business’ Category

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Understanding the financial crisis.

June 3, 2009

A succinct analysis of how we got into this mess.

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And so it begins…

March 13, 2009

If you didn’t already know.  China is the largest holder of US debt.  This strikes me as the first time in a long time that another country has the power to make suggestions about US domestic policy and know that they will be heard.

China’s premier didn’t say it in so many words, but the implied warning to Washington was blunt: Don’t devalue the dollar through reckless spending.

Premier Wen Jiabao’s message is unlikely to be misunderstood at the White House. It is counting on Beijing to help pay for its stimulus package by buying U.S. bonds. China already is Washington’s biggest foreign creditor, with an estimated $1 trillion in U.S. government debt. A weaker dollar would erode the value of those assets.

via The Associated Press: China ‘worried’ about US Treasury holdings.

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WiFi as a business model?

June 21, 2007

I arrived in Trenton about half an hour ago for work.  The big event is this coming weekend.  Anyway, I pull out my computer to try and get online.  I get out the usually obligatory LAN cable and connect it to my computer and the port in the wall.  I try to get online, and nothing.  Nothing except “Page not found” that is.

And then it happens, “None of your trusted wireless networks could be found, would you like to join TR11?”

Umm, yes?

Apparently the Travelodge here provides free wireless for its guests.  No stupid inserting credit cards or charging it to the room.  No hassles with having to plug into the wall.  Just free internet.

Suddenly I like travelodge a lot more.