Wednesday, March 25, 2009

LEGOS!

I know that everyone has seen this by now - because it has been on just about a hundred blogs, but I wanted to show it again.  I wanted to put it up here a long time ago, but never got around to it.


The NYT post is from Christopher Niemann, who shares with us his fun with LEGOs while in Berlin for a few years.  I have copied two the images here, to show you how cool they are and get you to actually go to their site. Here.

Tuesday, March 17, 2009

St. Patrick's Day!!



What a day! St. Patrick's Day (more like St. Patrick's Week...) is one of my favorite holidays. Besides the usual revelry and hooliganizing that comes this time of year, I also appreciate the chance to celebrate Irish heritage and culture (hooleys, bodhrans, or grog anyone?).

Growing up in Pittsburgh, like many northern cities, St. Patrick's Day was like Christmas come early. Parade attendance was virtually mandatory, regardless of your background (though nearly everyone I knew growing up claimed some Irish ancestry) and every civic group, marching band, politician, and pub fought for the right to march. Then there were the competing festivals and musicians following the parade, and the obligatory bar crawls. My Irish Father usually rolls his eyes and mutters something under his breath about "Americans igits and their parades. F***ing amateurs...", but even he eventually gets into the spirit.

More importantly, after 8 years of that teetotaler in the White House, we finally have a president who knows how to celebrate St. Patrick's Day. I'm not usually a particular fan of our new president, but today he's come a long way in my book. First of all, the water in the fountains at the White House have been dyed green in honor of the day. As is traditional, the president is meeting with Irish leaders in the White House today as well; first with Taoiseach Brian Cowan in the Oval Office, and later with the two leaders of the power sharing government in Northern Ireland (Robinson and McGuinness). After a nice luncheon on Capitol Hill with Speaker Pelosi, President Obama is hosting not 1, but 2 cocktail parties at the White House! I have every intention of finding a way into one...

Most exciting of all: Obama announced this morning that Pittsburgh Steelers Chairman Dan Rooney has been appointed Ambassador to Ireland! Great man, from a great city, representing one great nation to another. America!!

Happy Saint Patrick's Day

Friday, March 13, 2009

Shocker...

I thought Bojangles (Jim Graham) being Chairman of the WMATA board was going to be a good thing for everyone.

Nope - turns out he is out to screw us over again.  That's right -- Bojangles is at it again.

This lovely article (here) quotes him as being vehmently against fare increases, he doesn't even want them discussed.

If you weren't aware Metro still has a $29m shortfall for their upcoming fiscal budget.  The news this week is that they want to use Federal Stimulus money to operate (exactly what it shouldn't be used for).  Which is unreal.  Bojangles would rather cut service than raise fares -- which is ridiculous.

You can not be cutting service.  No way.  No how.  No Graham.

Do what is right ... raise fares.

Wednesday, March 11, 2009

HELP & The Serve America Act

Just a quick note...

Yesterday the Senate Health, Education, Labor, and Pensions (HELP) Committee held a hearing on the 'Next Generation of National Service". While the committee Chairman, Senator Sir Edward Kennedy, KBE, was unable to attend, it was still a very productive and informative hearing, and also a chance to see which members (if any) opposed the Serve America Act, the main national service bill being championed in Congress.

I've written on the issue before, but as a recap: The Serve America Act (SAA) is a bill introduced by Sir Edward Kennedy and Utah Republican Senator Orrin Hatch that seeks to reinvigorate national service in a variety of ways. Specifically, it would provide $5 billion over five years to fund 250,000 volunteers in energy, the environment, healthcare, and education. The bill also seek to encourage and empower social entrepreneurs by creating 'Community Solution Funds' to serve as a type of venture capital for innovative approaches to civic issues. The SAA would also support various means of measuring the impact of these social investments. Specifically, by adding America's Civic Health Index, currently produced by NCoC, as part of the census.

The bill was mentioned specifically by President Obama in his appearance before a joint session of Congress in February, and has a prominent list of coponsors. At yesterday's hearing the Senators present all spoke in favor of the bill (Hatch, Mikulski, Murray, McCain, Enzi, Dodd). Additionally, testimony was heard from a variety of leaders, including the head of City Year, the Chair and Vice Chair of the Corporation for National and Community Service, and others.

Senator Mikulski said she hoped to pass the Serve America Act before the April Easter/passover recess. To help urge the Senate on, please go to ServiceNation's website and become a “citizen co-sponsor” of the Serve America Act.

Tuesday, March 10, 2009

Good news

Monday, March 9, 2009

Monday Stock Tip: GE

General Electric.  America.  GE is one of the world's largest companies - it was in the top ten as of this past summer, but due to the nose dive of its stock I doubt that is the case anymore.

GE's stock has been in that nosedive for good reason, they have really leveraged themselves over the past few decades as a financial firm.  Something that really helped them when things were going well, but is now really coming back to haunt them.

What does GE do?  Well ... they don't just make light bulbs anymore.  They are involved in almost everything imaginable - making tons of different consumer goods, and they also have a large financial/credit business.

Is GE going to go bankrupt?  No.  Now I could be completely wrong in saying that, but I just don't see it happening.  The financial sector will return, as will GE's business in finance - and hopefully GE decides to devote a little less of their company towards those markets in the future.

So what is GE doing that makes it a buy ... Well in my opinion it is trading lower than it should be (as is everything these days), but GE is really a great company.  Though it has been called into question recently whether or not GE is truly still a Blue Chip (a blue chip is generally a well established company with stable earnings and no large liabilities).  While GE clearly has more liabilities than it should (and more than most investors would like), I believe the company is inherently stable.

Additionally I like their strong movement into the renewable energy market.  Along with BP and XOM, GE really stands out as a company that doesn't need to be investing so heavily in renewable energy - but realizes that it is where the future lies.  Additionally, GE and Google have been partnering on green initiatives around the world, which you can read about here.

All in all ... I am not sure what else to tell you, except that I think GE is a good buy.  I mean afterall, Warren Buffet invested ... and he is never wrong!


Disclosure: GWSkank owns some GE, but he had no influence on me writing this.  And I used to own GE, but that was quite a few years ago.