Thursday, October 30, 2008
Saturday, October 25, 2008
Alfred E. Bush
Well that explains a hell of a lot.
Wednesday, October 22, 2008
The Don of Donations
Purcell is a true pro that gets the big picture and the smallest details right, and there is no denying those skills are responsible for the Wolfpack Club's successful numbers. Three key assistants have already been recruited away by other schools. I fear it's just a matter of time until Purcell gets an offer elsewhere that is too good to refuse.
Monday, October 20, 2008
An Avoidable Collapse
The cockroachs who created the subprime mortgage mess have pointed fingers at others as they scurry out sight, but Martin Eakes lays the blame for the subprime mortgage mess exactly where it belongs in Sunday's Durham Herald-Sun.
"Wall Street was the engine; lax supervision from government regulators -- particularly the Alan Greenspan-led Federal Reserve -- greased the wheels. Most subprime lenders were subject to far less regulation and oversight than traditional banks and credit unions."
This mess was avoidable. Martin told Congress almost two years ago that the loss of homes to subprimes would dwarf the loss from Hurricane Katrina, and he advised them of several steps they could take to blunt the effects.
Too bad no one listened.
Sunday, October 19, 2008
Let The Smearing Begin
My bet is less than 36 hours.
I am pleased there has not been a full-on smear campaign against Colin Powell, although it is disappointing that P.T. Limbaugh reduced Powell's eloquent explanation of his decusion to one based solely on race. That is about what we should expect from such a yak-doof.