good morning. it’s been a busy one. i woke at 5am, went to spin class at 6, swam at 7, had a conference call at 8, and i’m working away in the office now…life is good. the markets aren’t happy, obviously. but i’m not convinced that paulson should get the money either –part of me is hoping that is doesn’t pass — just to see what happens.

must read:
Satyajit Das’ “WE INTERRUPT REGULAR PROGRAMMING TO ANNOUNCE THAT THE UNITED STATES OF AMERICA HAS DEFAULTED …”
part1
part2

Hey, can I get paid in Euros?

did you get a chance to watch the senate hearings last week? definitely the coolest thing i have seen on tv in a looong time. paulson got hammered — and looked incredibly shady. who thought it was a good idea to put a former goldman guy in there? $700B? I remember in the beginning they were saying over a trillion dollars…I suppose that a billion doesn’t sound so bad…but I have to say…how much are we talking when it comes to commissions for …hhmmm… i don’t know…. goldman sachs? i heard that they were in there for all of the AIG bailout talks… you guys are shady, seriously.

Ever wonder how much $700B would buy? check it out

For example, “The ENTIRE Interstate Highway program, including construction and repairs, has ONLY cost $500 billion over the past 51 years of it’s existence.” Anyone remember the latest infrastructure rating by the society of engineers? Well, we got a “D.” Yep, our roads are jacked. But we are not paying to fix them …

The funny part is: “It’s not based on any particular data point,” a Treasury spokeswoman told Forbes.com Tuesday. “We just wanted to choose a really large number.”

no kidding…it’s gonna cost a lot more than $700B. Bloomberg analyst says $5 Trillion.. WTF?!

Oh yeah, and JP Morgan Chase bought WAMU, Wachovia got bought by Citi — serious consolidation in financial services… again, no surprises.

since the world is not really going to fall apart today…today’s song of the day is a mellow j dilla track that reminds me of quasimoto/madlib — good to listen to while working. It’s “Nothing Like This,” from Chrome Children. i don’t know how i feel about the video…but the use of animation reminded me of qbert’s full length cartoon. I’ll see if I can post something from it.


here’s a short clip of the qbert film:

and here’s the whole thing:

rock on.