16 May 2008

whatevs

This guy says $4/gallon gas is actually cheap! He says gas has probably been far too cheap for far too long and that the recent price increases are only beginning to reflect its real value. Oh boy!

Timed to coincide with Bush wrapping up his visit to Israel, The Associated Press said a new Bin Laden audio tape is making the rounds but its just more of the same bullshit; his terrorist organization will continue its holy war against Israel and its allies until it liberates Palestine and yadda, yadda, yadda. It's getting tired, bro. Bin Laden should start releasing mix tapes instead and expressing himself through songs. A podcast perhaps?

While economists are busy trying to figure out precisely what a "bubble" is prices soar on every material from oil to corn suggesting there's a bubble brewing in commodities. Bernanke's Bubble Laboratory & the Economics of Manias {WSJ}

High Styles for Low Times: How fashion and luxury firms will ride out a recession: Burt Tanksy, Neiman Marcus CEO, says, "Remember, when our customers tightens their belts, it's generally ostrich or alligator."

Remember that whole "One Laptop Per Child" campaign from a few years ago? Yeah, well it basically shit the bed and now they're trying to get Microsoft involved to for Round 2.

BlackBerry & Verizon are readying themselves to knock Apple the fuck out the box. Today, the WSJ confirmed rumours that RIM (RIMM) will be releasing a touch-screen enabled device to compete head-to-head with Apple's iPhone. It will be called the Thunder, and will be sold exclusively through Verizon (VZ) Wireless and Vodafone (VOD), bitches

"Momma don't take my Vodafone
Momma don't take my Vodafone
Momma don't take my Vodafone Awaaaaay"

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