May. 2nd, 2009

lblanchard: (Default)
http://writerspleasure.livejournal.com/606539.html

I picked this up here, and then discovered that the Volokh Conspiracy guys also had a piece on it:

http://volokh.com/archives/archive_2009_04_26-2009_05_02.shtml#1241223446

After seeing the mauling the bondholders of GM and Chrysler are getting at the hands of the government in order to transfer wealth to the unions, and noting that the first to cave among the large bondholders are the TARP banks, we want to get as far away from both TARP and the unions as possible. BB&T Bank looks like the place. We had just withdrawn some of our retirement funds from bonds held by two of the reluctant recipients of TARP funds...now we know where to put them.

UPDATE: I see that Atlas Shrugged is still on the Amazon bestseller list, currently at #46, and has been on the top 100 for more than two months.

UPDATE II: I see BB&T took $3 billion in TARP funds. Coercion, perhaps? Their release about it takes pains to note that they were nicely capitalized without it.
lblanchard: (Default)
If the New York Times says it, it must be true:

But in G.M.’s case, Mr. Obama will be forcing deeper cuts and becoming the controlling shareholder.

That's a very interesting Freudian slip on the New York Times' part. I wonder how long before they get around to correcting it?

http://www.nytimes.com/2009/05/03/business/03auto.html?_r=1&hp
lblanchard: (Default)

090319_06hippeastrum
Originally uploaded by lb_philly.
I'll be bundling up the seeds, probably tomorrow. I have four takers so far: [livejournal.com profile] joeysplantings, [livejournal.com profile] karenkay, [livejournal.com profile] halfmoon_mollie, and [livejournal.com profile] carolerike.

Did I miss anyone? (I thought I had six takers.) Does anyone else want any?

(Those are the proud parents: dad on the left, mom on the right. No guarantees, but mom self-pollinated had just about 100% germination and the flowers weren't bad on the ones that have bloomed so far.)

If you want some and aren't on my list, send me an LJ-mail.

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