Pocket Change: 10/08/08
- The dow was down another 508 points yesterday. Has anyone seen Tyler Durden? (Crain’s)
- If this financial crisis is freaking you out, you probably shouldn’t listen to this most excellent episode of This American Life. It may help you understand what commercial paper is, though. (TAL)
- GOOD Magazine just bit off of Radiohead’s business model and is offering subscriptions on a pay-what-you-want/can basis (minimum of $1.00). Better yet, your entire subscription fee goes toward the charity of your choice. (GOOD Magazine)
- Just when you thought you could ride out this recession in the service industry waiting tables… Monkey Waiters from Japan! (Reuters UK via Boing Boing)
- Guess who’s trying to blame the credit crisis on poor people with more melanin? (Slate)
- You’d think that with all of this financial freak out, it would be harder to obtain a new credit card. It’s not. I just applied and received a new one within three days (for consolidation and balance transfer, only… I’m a cash-only or pay-my-credit-card-bill-every-week kind of guy). I’m a firm believer that the overall culture and mindset of credit and borrowing that we are all a part of is partially to blame for the current situation as well as the hedge funds and greedy Wall Street types. No link here. Just me ranting somewhere in the middle of this list.
- The U.S. Federal Reserve is going to be buying short term debt in another last-ditch attempt to jump-start the economy. I’d be happy to sell them my remaining debt for half price. (NYT)
- Recruiting interference for a bank robbery on Craigslist? Where’s Batman when you need him? (Ars Technica)
- As I said before, liquid assets are becoming more liquid every day… as in drinky drink. Don’t be sneaking into Daddy’s liquor cabinet! What’s inside may just be your college education. Also, feed the Alpacas in the yard before going out with your friends! (WSJ)
- I know some of my readers really like graphics and graphs, so I urge those of you to check out BBC’s illustration of the financial crisis. (BBC News)
- The bailout may not seem to be working, but it did make the new Chevy Volt and other plug-in electric vehicles about $7,500 cheaper. (Gas 2.0)
- There are stories abound of some voting districts banning political buttons, shirts, etc… If your first amendment right to shove your political views down other people’s throats with gaudy colors and goofy pieces of flare is being stifled, you can still make a statement with Ze Frank’s new Decider Tees. Who’s the decider now, bitch? (Ze Frank)
photo via wallyg’s Flickr stream
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