April 2009 Archives

Due to a huge number of spam comments, plus the needs of another project that I am working on, I have had to upgrade this site to the latest version of movable type and also require authentication (the former for the project, the latter due to the spam).

On the upside you can apparently authenticate using just about anything - really. If you can get Vinnie down at the corner to vouch for you, you are totally in.

On the downside, you will have to sign in in one way or another.

Hopefully this will be the final stake in the heart of my personal blog and will free up my time to do important things...like trying to convince the Internets to come up with a freaking bootable PS3 Linux disc image that is pre-configured with basic single machine (I don't care about network) setting, includes all the good emulators, and can read my totally legal ROMS off of a memory card.

Really - why does this not exist yet? The technology exists to allow me to put a CD in my PS3. boot Linux, and start playing a translated version of Mother for the NES, but I am too dumb to set it up myself....

This may be the stupidest thing I have heard recently - I knew it was probably coming, but that doesn't make it less stupid.

Basically, this is stupid because it allows investment holders to essentially "use their own judgement" in determining the value of those investments. If the market for those investments is not good (i.e. they are not worth very much) then the investment holder can pretend the investments are still worth what they would like them to be, rather than declaring them on their balance sheet at their actual value. This reduces transparency - financial reports will say everythign is just fine, until it's too late.

This is the kind of thinking that got s where we are today.

I assume that this means that homeowners will be able to borrow money against their homes at the value their "internal model" indicates the home is worth, rather than wha the appraiser tells the bank it's worth. Right? I mean, that's only logical.