Gustaf Erikson's Tumbrl

The less serious side of The occasional scrivener.
Jul 16
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Are we looking at one middle-aged network admin’s own personal, Dr. Strangelove-esque Doomsday Device? If so, awesome
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Jul 15
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If the government is going to provide a continuous backstop for real estate, you might as well buy a house. If it doesn’t work out, they’ll be around to save you.
Jul 14
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Diesel 7 (via gerikson)
Diesel 7 (via gerikson)
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Jul 11
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Under a conservatorship, the shares of Fannie and Freddie would be worth little or nothing, and any losses on mortgages they own or guarantee — which could be staggering — would be paid by taxpayers.

The government officials said that the administration had also considered calling for legislation that would offer an explicit government guarantee on the $5 trillion of debt owned or guaranteed by the companies. But that is a far less attractive option, they said, because it would effectively double the size of the public debt.

Jul 08
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Social networking features” is the new Flash intro.
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While we exchange a kilo of heroin for 10 [AK-74’s], the Taliban will give us a kilo for just five or six guns,” he continued. “Everybody benefits.