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Showing posts from August, 2008

Little Caesars

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The latest from the presidential campaign front is the appearance of both Barack Obama and John McCain at Rick Warren's Saddleback Church. Apparently it was an event of such magnitude it got splashed all over the front of the Los Angeles Times: Each candidate made his case separately from the other, and I believe Rick Warren took turns asking each a number of questions. From the little that I read and heard, the candidates assumed their most pious countenance--obviously one which would appeal to evangelical and modestly conservative sensibilities--and spewed the typical vetted answers. Is it possible that this is all perfectly reasonable behavior by perfectly well-meaning Christian folk? To listen thoughtfully to responses from those seeking the highest political office in the land? To think deeply about who will do the best job leading the country? Isn't this really a most noble endeavor? Aren't we supposed to have a say in who has some measure of authority in critically i...

High Level Value Extraction

We've been out and about since I've had some time off, and at one hotel stop I picked up a Wall Street Journal . I've never really read it before, but as I skimmed through this issue--this past Monday the 4th's, by the way--I was amazed at the breadth of material about the highest, greatest, deepest, and--as such, most repulsive value extraction there is. Certainly a publication that goes into great detail about the goings-ons of the commercial and financial realm can't help but quite frequently elaborate on the most upscale human sacrifice practices of the day. Just wanted to briefly mention a couple of articles in the mix there, both in the "Money & Investing" section. First there on the front was a story about how many hedge funds are taking a hit. Nothing really in it about how or why except that they simply guessed wrong about a number of things, like, for instance, the "unforeseen" jump in oil prices that hit some overseas stock markets...