When Barack Obama was running for President one of his favorite sound bites was that any financial bailout should not just involve Wall Street, but Main Street, too – that the government’s responsibility was to help both bankers and homeowners. But now that the election is won and Obama is in office, the two streets are still being treated very differently, with Main Street getting a lot less help from Washington.
This is a HOUSING crisis, not a BANKING crisis, yet $700+ billion has gone to help bankers and only $75 billion to “help” homeowners. The banker’s money has mainly been spent and the homeowner money has hardly been touched. If this is a […]
I’m not the biggest fan of Sun Microsystems CEO Jonathan Schwartz. Okay, I am not a fan at all. But I have to give the guy credit for keeping up company morale, because when I polled my Sun contacts recently on why they thought IBM might be interested in buying the company, each thought it was because of his or her division. What charming — if misguided — loyalty. These people still feel good about their company.
Last week Google revealed to the world its shipping container modular data centers that I was the first to write about almost four years ago.
This past weekend marked the 30th anniversary of the nuclear accident at Three Mile Island. If you are old enough you may remember where you were at that time and what it was like. I remember VERY well because I was on my way to the crippled plant near Harrisburg, Pennsylvania. Our President at the time, Jimmy Carter, was also a micro-manager and a former nuclear engineer: he wanted his own eyes and ears on the scene. Our little group eventually coalesced into the Presidental Commission on the Accident at Three Mile Island, led by Dartmouth College president John Kemeny, who was also the co-author of BASIC.