15th
Q: What if markets never recover, the assets are not fundamentally undervalued, and even when held to maturity the government doesn’t make back its money?
A: Then we have worse things to worry about than government losses on TARP-program money—for we are then in a world in which the only things that have value are bottled water, sewing needles, and ammunition.
Confined to sex, we pressed against
The limits of the sea:
I saw there were no oceans left
For scavengers like me.
I made it to the forward deck.
I blessed our remnant fleet
And then consented to be wrecked,
A Thousand Kisses Deep.
— Leonard Cohen
One Laptop Battery Later And I’m A Django Fan:
“To people who come from a bounded language like Java reading Python is like having your eyes fly off a cliff at every turn of a dark road”
NEWSPAPERS AND THINKING THE UNTHINKABLE: “When a 14 year old kid can blow up your business in his spare time, not because he hates you but because he loves you, then you got a problem.”
(Via 3quarksdaily.)
Michael Gartenberg on the role of operating systems:
”The head of Black and Decker once said, folks don’t buy our products because they want one inch drills, they buy our stuff because they want one inch holes.
(Via Daring Fireball.)