Surya Yalamanchili works on the Internet, was on a reality TV show, and was once a brand manager.
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As a premise, you have to believe that Paulson, Bernanke are doing their best to fix this. The alternative is that they aren’t, and considering the current facts, this would mean we are headed toward a global financial collapse no matter what (not that everything will sort itself out as I hear people saying).
So let’s [...]
I’ve gotten a few emails from friends asking what I think about the bailout. I answered that its sad but necessary.
Hours later the house defeated it. I’ve said that the results could be disastrous. Want to see what that looks like? Take a look at the market results today. These are great depression numbers. And [...]
Aaron wanted my thoughts (I think he misses my idiocy since I moved from Cincy) so here they are on the first debate.
Fiscal Policy:
McCain on fiscal matters thinks that cutting spending is our way forward. His way to do it is to really reduce the size of government by killing earmarks and then potentially freezing [...]
dear politics,
I’ll say that its only in the last ~20 years that we’ve devolved into this. Politics is now the average American’s favorite sport. The only thing funnier to me than partisan hacks, are the partisans who think they can change another partisan’s mind.
While it probably started in earnest years before– in the 21st century, [...]
GE announced on Thursday that due to the financial crisis, they were going to have to lower their earnings forecast. Their shares got punished in the early going. Down 3-4%. Then a funny thing happened. GE CEO, Jeff Immelt (one of my favorite CEO’s) went on CNBC. As he spoke about the financial crisis, the [...]
So. Like most people you’re wondering what the hell is going on, right?
Don’t worry. Well, you should worry about the fundamentals of America but you shouldn’t worry about understanding it. Because I’ve got it covered.
First, go to Blockbuster and rent the movie Boiler Room.
YouTube Trailer:
In real life, all of Wall Street followed the pattern of [...]
The SEC is looking into banning short-selling in the stock market. Temporarily.
Are they morons? The problem is that government didn’t regulate businesses that were amassing leverage and assets that could take down the nation’s financial system. Since they had their heads up their asses then, they feel like they have to do something now. This [...]
Two amazing articles to read. I’ve got a helluva post coming on the election, and where my head is. But until that (it’s been saved as a draft since this weekend), these articles are must reads.
The first from The Atlantic on John McCain. I’ve been searching for some more good in depth material on [...]
It’s classic. We’re going through one of the worst economic crises that our nation has seen in decades, and the media is talking about lipstick on a pig comments and other total crap.
If there’s lipstick on a pig, it’s the lipstick the Fed is trying to put on the pig that is Wall Street. After [...]
It was yesterday. It was a lifetime ago.
It’s Tuesday, seven years ago. I’m at Rutgers. I wake up like any other day and turn on the computer. An out of touch best friend from childhood IM’s me. Had I heard? What– that Jordan was coming back? NO. A plane has hit the Towers.
I watch the [...]
The blog has some new digs. For those of you reading this via RSS/feed reader, click to come back to suryasays.com and check out the sweet new look.
Props go to Ben for doing another killer layout. He’s done some great layouts over the years– here, here. But I think this is his best work ever. [...]
Pretty cool experience just now. I logged into facebook and read through my friends’ status messages. Basically, I had coverage of the RNC from the hard-core right and left wings, and a few in betweens. Read on:
My friends’ status messages from the past few hours:
(names excised to protect friends who consulted in no way on [...]
This woman seems like a disastrous choice for John McCain. The bad news only seems to gather steam, making me think it’s actually possible she might not end up as his VP…
And as a bonus, this is a great piece on the last days of the Bush presidency. Very good reading.
Great article in The New Yorker on Iraq through the lens of the story of General Petraeus. What’s interesting in this article is that it reinforces the notion that neither of the “official” narratives of the political parties is correct (things are great– we must stay the course OR we have to bail immediately– that’s [...]