Archive for May 24th, 2006
Quote of the Week
The best and most beautiful things cannot be seen or touched––They must be felt with the heart
~Helen Keller
Good News for Citizen Journalists
According to Roldo’s assessment in Cool Cleveland of the Plain Dealer’s replacement of Alex Macheskee, the need for citizen journalists won’t be going away any time soon.
It appears that the Plain Dealer may get even duller and the news stories even more inane. I hope Roldo’s assessment is wrong because good competition would make all of our lives better, but usually he is right on the money with his predictions.
We Don’t Need No Stinkin’ Regulation?
I posted this comment at Tim Ferris today.
And the banks in Ohio say they should be excluded from recent predatory lending legislation because they are federally regulated. Do we really want to allow regulation of loan practices to be enforced by agencies that don’t enforce rules on their own agencies? We should be making these decisions not well-paid lobbyists hired by the very institutions to be regulated.
It is worth clicking through to read the entire article on Fannie Mae’s scary accounting tactics.