Month: June 2011

America is well known for having an overly litigious society.  People launch lawsuits at the drop of a hat for a huge number of things that they should never do so for including:

• Patents that are overly broad (these people are called “Patent Trolls”)
• Mistakes made on their own part by their negligence to check products or services.

… read more “Lawsuits Kill the Economy”

I saw an interesting article today in the newspaper that banks have greatly slowed the foreclosure process.

I actually think it is their business strategy going forward- if they foreclosed immediately on everyone who deserved it it would flood the market with homes. The massive increase in supply would knock home prices down even further, causing many more people to strategically default on their mortgages. … read more “Banks Purposely Slowing Foreclosures?”

 

 

Making predictions is hard an opens the door to failure. It also helps you get better at making future predictions. In that sense, here are a few of my predictions:

-Barack Obama will win the next election and eventually be recognized as one of America’s better presidents.

-Steve Ballmer will be canned at Microsoft in the next year or two but unless Bill Gates returns, Microsoft will continue to turn into a patent troll and failing company.… read more “Predictions”

In yet another instance of scummy activity by public employees, the executives in charge of CalPers recently ordered all emails over 60 days deleted. There are multiple investigations into their activity now and they have decided to destroy the evidence.