Wednesday, March 25, 2009

Microwaving M&Ms??

Microwaving M&Ms?? Who comes up with such a thing.

I was listening to the This Week In Twit and Gina Trapani (from lifehacker fame)said to microwave M&Ms on high for 30 seconds. This will make the inside nice and warm but the outside is still crunchy. This means that they still melt in your mouth and not in your hand :-)

So I tied it myself and it is quite good, think of it like very small chocolate souffles

Thursday, March 19, 2009

Bonuses for people with incomes over $250,000 would be taxed at a 90% rate for companies receiveing TARP money

The House just passed a Wall Street bonus tax

The measure would tax individuals on any bonuses received in 2009 from companies getting $5 billion or more in money from the Troubled Asset Relief Program, or TARP. Bonuses for people with incomes over $250,000 would be taxed at a 90% rate.

Let's do some quick math shall we?

1) You get a million, you get taxed 90% and keep 100K


2) You return 750K, keep 250K, get taxed 35% and you keep 162.5K


For option 2 it looks like you did a good thing because you returned 750K. But in reality you did it because that way you can keep a lot more of the money

Wednesday, March 18, 2009

Please Tell Me That You Know The Answer To These 3 Questions

So I was listening to the This Week In Science podcast. A poll was conducted and three questions were asked. Amazingly only 21% of the people knew the answer to all three of these questions. These questions seem very simple to me so I don't really know how you can mess it up. Here are the questions

1) How long does it take for the earth to orbit around the sun once?
2) Did dinosaurs and humans coexist?
3) What percentage of Earth's surface is covered by water?

So there you have it? Do you know the answer to all three?

Mix 09 Day 1 Keynote

A lot of things announced today at Mix 09
ASP.NET MVC 1.0
Silverlight 3 Beta
Expression Blend 3 Preview

Watch The Keynote

Big Blue To Buy The Dot In .COM

Remember the we are the dot in .com ads? Of course later it became we are the dot in the .com crash :-)

So IBM is in talks to buy Sun Microsystems Inc for 6.5 billion dollars. Sun is up 3.42 or 68.81% in pre market trading today. A while back it was noted that Sun's stock was basically worth 0 dollars because their market cap was the same as what they had in cash.

This acquisition probably makes sense to IBM because it will take out another Unix vendor and IBM also has a heavy investment in Java with a variety of products.

Sun bought MySQL not too long ago and butchered it, MySQL 5.1 was released with crashing bugs and Monty Widenius left Sun. This is going to be interesting since IBM already has a database product DB2

The Sun acquisition could also be because of the announcement that Cisco Systems Inc would be selling their own servers and stepping on IBM's turf.

This is going to be very interesting, after this downturn/recession/depression is over I think we are going to have a lot less tech companies. I am wondering if Oracle, HP, Microsoft or Google will make any major acquisition s in the coming months.

Tuesday, March 17, 2009

Senator Charles Grassley to AIG execs: Resign or commit suicide

A prominent U.S. senator has intimated that executives of the troubled insurer American International Group Inc might consider suicide, adopting what he called a Japanese approach to taking responsibility for their actions.

The first thing that would make me feel a little bit better toward them (is) if they'd follow the Japanese example and come before the American people and take that deep bow and say, I'm sorry, and then either do one of two things: resign or go commit suicide," Grassley said.

"And in the case of the Japanese," he added, "they usually commit suicide before they make any apology.


Okay, come on, that is a little harsh, I know that these people should not get bonuses but you can't tell them to kill themselves?

You can read the complete story on Reuters http://www.reuters.com/article/ousiv/idUSTRE52G3BQ20090317

Buy-n-Hold Rhapsody



Here are the lyrics if you want to sing along with this classic song


Buy-n-Hold Rhapsody
Is this the real life?
Is this just fantasy?
Caught in a stockslide
No escape from reality
Open your eyes
At Bloomberg and CN-BC….

I’m now a poor boy
I need advisory
Because it’s easy come, easy go
Bubble high, Crash low
Never sell my broker told
Doesn’t really matter to him
To her

Suze, told me not to sell
Put more funds into my plan
October bottom Warren said
Mama, retirement had just begun
But now I’ve gone and thrown it all away

Boggle
Did ya’ mean to make me cry?
If m’funds not back again this time tomorrow
HOLD on, HOLD on
As if nothing really matters

Too late, my time has come
Losses up and down the line
Wallet’s aching all the time
Goodbye, everybody
I’ve got to SELL
Got to leave buy-n-hold behind to face the truth
Cramer
I don’t want to lose
I sometimes wish I’d never invested at all

I see a little silhouetto of a man
Scaramouche, Scaramouche
Will you watch the Mad Money?
Buy-n-Sell and lightning-round
Very, very frightening to me
(Noriel) Roubini
(Noriel) Roubini
Roubini, Noriel
Magnifico
I’m now a poor fund and nobody loves me
(He’s just a poor fund from a poor family
Spare him his loss from this monstrosity)
Easy come, easy go, will you let me Sell

Bismillah!
No, we will not let you sell
(Let him sell!)
Bismillah!
We will not let you sell
(Let him sell!)
Bismillah!
We will not let you sell
(Let me sell!)
Will not let you sell
(Let me sell!)
No, no, no, no, no, no, no
Oh, mama mia, mama mia
Mama mia, let me trade
Beelzebub has a devil buy-and-hold for me
For me
And for you…

So you think you can fool me with buy-and-hold lies?
So you think you can charge me and watch my money fry?
Oh, Broker
Can’t do this to me, broker
Just gotta get out
Just gotta sell right outta’ here
Nothing really matters
Anyone can see

Nothing really matters
Nothing really matters but the fee

Any way the market blows……