An advertisement for padlocks that is geared toward the hillbilly (H/T American Digest)
Tough Enough for Any Job
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Category Archives: Front Page
Poem of the Week: 7/20/08–7/26/08
Rant of the Week: 7/20/08 – 7/26/08
An officer complains about how he and other officers were portrayed in the book Generation Kill. Since a number of readers of the Ethereal Voice have read the book, we thought some space should be given to its critics.
Essay of the Week: 7/20/08 – 7/26/08
This week’s essay of the week is The Crisis of Authority by the Chieftain of Seir. Some more links need to added and the formating needs some work. But it can be read now if anyone is in a hurry.
Ouch…
Network Admin Goes to Jail to Protect His Baby
How autistic are you?
A friend whose grandson is autistic tells me that this 50-question assessment devised by Cambridge University is considered by those in the autism community to be a pretty accurate assessment of where one falls on the autism spectrum. It’ll take you only a few minutes to complete it, but the results might startle you. It certainly did startle several readers in a thread below, which is why I’m giving it its own entry.
For the Wall-E Fans Out There
An interview with Andrew Stanton who is the the creator of Wall-E. (h/t Crunchy Con)
It's all bad
Calculated Risk on M&T’s conference call….
M&T is the first of the top 20 largest banks to report quarterly results, and the news is bad.
I just don't understand
It use to be the stock market would go up even when bad news was announced. Now we have have a bank run on a bank that has already been taken over by the FDIC. Can someone explain that to me?
I mean, are people really so ignorant that they don’t realize that the damage has been done once the government has taken over? If their accounts are under 100 grand they have nothing to worry about. If their accounts are over 100 grand it is to late to do anything about it.
It would seem more rational for their to be a run on banks that have not been taken over yet.
Edit: I just found this story from Reuters…..
At a branch at IndyMac’s headquarters, customers began arriving at 4 a.m., five hours before the doors opened. The Federal Deposit Insurance Corp now operates the thrift’s 33 Southern California branches.
“I didn’t think anything like this would happen,” said retired teacher Charles Tengeri from Pasadena, who was first to emerge from the branch after withdrawing $171,000 — about two-thirds of his life savings. “I withdrew as much as I could. I know it’s going to take a little time.”
The FDIC said the renamed IndyMac Federal Bank will cover insured deposits, mostly up to $100,000, and initially cover 50 percent of uninsured deposits.“I have $360,000 in this bank, and I was misled by this bank,” said Robert Clark, a Glendale resident. “I gave the names of my mother, my sister and my brother on the account so I thought I would be insured. I don’t know what to do. I really don’t know what to do.”
The guy who came out with $171,000 must have had a joint account. Otherwise he would have only got $100,000 out. And if you had $360,000 why would you try to game the system by giving the names of every relative under the sun so that you could keep all your money in just one account? Why not just open up an account somewhere else?
I think the guy knew that Indymac was in trouble but wanted to take advantage of high interest rates they were offering. You play with fire, you get burnt.