Busses and rail and riders, oh my!
Public transportation always seemed to be a problem in Austin. Ever since I moved here I don’t remember public transport serving many people in areas beyond downtown and the UT area. And that seems to be a problem now, ever since Leander got connected to downtown via the rail system (or, rather, that they decided…
Continue reading…Dow Jones 5000? Not this year
Read another story about DJIA hitting 5,000 in 2-2.5 years. I suppose it’s possible. But I don’t think it will be a real bottom, more of a “hit 5k and run up like a rocket”. Generally I think it’ll be like that due to extremely short memory and ultra-high greed levels. People go get caught…
Continue reading…State Representative Lon Burnam wants an income tax
Oh gosh. There we go again. Every time there’s financial trouble, certain group of politicians immediately starts singing that old song of “if only there was an income tax in Texas!”. That it would cure the budget deficit, makes school system less suck-y and bring down the property tax, which is quite high compared to…
Continue reading…HBO: no streaming for you, Netflix customer!
So, HBO doesn’t want Netflix to stream its content. Why am I not surprised? Mostly because I believe that greed generally leads to exclusivity (even though laws of economics generally dictate that it’s not quite as profitable to squeeze every last dollar out of your customer, but rather find an optimal price, where demand and…
Continue reading…