Warren Buffett was on CNBC last night. Maybe he is getting old and vain and likes to be on TV. Maybe he is falling for the (considerable) charms of Becky Quick – but he allowed himself to be interviewed for three hours starting at 5am Omaha time. That made it good evening TV for me in Sydney Australia

— Normal 0 false false false EN-US X-NONE KHM MicrosoftInternetExplorer4 The suffering of Cambodia has been deep. From this suffering comes great compassion

SERMON II. 13 13    Preached at Enfield, July 8th, 1741, at a time of great awakenings, and attended with remarkable impressions on many of the hearers. SINNERS IN THE HANDS OF AN ANGRY GOD. Deut. xxxii. 35. —Their foot shall slide in due time

“It’s nothing but a pipe dream”.  I found myself thinking this cliché numerous times over the past week.  For some reason, HaShem has allowed me to face the unrealistic dreams of grandeur and fantastic hopes of several people I have encountered in a fairly short space of time

Allowed To Fail by digby I’m being driven nearly mad by the new Republican line propagated by McCain and Shelby that we need to ” … freeze government spending. Krugman showed great forbearance, explaining the “paradox of thrift

The official Patch Notes have been updated to reflect most of the changes implemented with the release of PTR build 9658 of Patch 3.1. I have listed the differences between this version and the previous version below. General The achievement Brew of the Year has been removed from the Brewmaster meta-achievement

Take Care of the Sense and the Sounds Will Take Care of Themselves Phoebe in Wonderland / Ted Boynton It can be argued that one of the most crucial functions of the artist is to comfort, to provide emotional succor; The Odyssey was told around campfires lo these many eons ago not just to move the heart to admiration for

From Holman Jenkins in the WSJ’s Political Diary : Maybe if Warren Buffett says it, Washington will finally listen … forbearance,” but this was his argument. With the possible exception of Citigroup, he says, “the banking … forbearance has been unmentionable out of a confused notion that bank shareholders must be punished

On March 4, 2009, the United States Treasury announced their partnership with financial institutions to reduce monthly mortgage payments for … years. Principle forbearance is being offered in lieu of principle reductions. It means that the lender will charge interest on only a portion of the loan and charge 0% interest on the forbearance

AIG’s 2nd Q 2008 financial statement discloses the $446B in credit insurance this company sold … forbearance” trades. These swaps gave the banks permission NOT to hold capital against their long term … . The “forbearance’ book produced $156m in revenue for the first half of last year – exposing