I’ll be on ESPNEWS today at 2:40 pm EST.
Squawking Baseball has a great interview up with John Coppolella, the Director of Baseball of Administration for Atlanta, focusing largely on the arbitration process.
Good article on how maybe we’re getting a little paranoid about food allergies. Funny slightly related story: My daughter has a mild allergy to pine nuts, and after she got a rash from eating store-bought pesto, we took her to an allergist for tests. The allergist was Taiwanese, and didn’t know what pine nuts were. When we explained, his response was, “People eat those?”
Steve Biel of the totally-dated blog Fire Jim Bowden gets quizzed about his role in the Vast Baseball Media Conspiracy by Dan Steinberg.
One thing that does bug me about the ongoing bailout: “Can the Administration report how many of the people due to receive tax dollars spent home equity on plasma TVs?” Seeing rent-to-own tire stores in Houston last week made me wonder just when it became acceptable to finance anything and everything you purchase.
Does that mean we’ll be getting a Houston eats post soon?
Talking of financing it is amazing how many people have no capital and buy everything on tick (credit) and commit every last penny as they earn it.
There is a story the authorities were baffled when they found thousands of almost new high end cars dumped and filling up the Dubai Airport car park.
It seems people, probably mostly Brits, went out there with no money and a job. They then lost the job. Not before having borrowed a fortune to show off a new car. They saved zero money despite the low taxes. As they have a debtors prisons still they fled and just left the car.
Why do people spend every penny they earn on ephemeral stuff like cars? Is anyone impressed by anyone’s car? (Of course I am a Londoner and don’t drive).
When I worked at the Fed, an economist told me that my first few years should be spent “dis-saving” since my future earnings would be stronger. Worst advice ever. I am STILL paying for my poor habits. Financed everything – champagne tastes on a beer budget only I pretended not to have a budget at all.
Yes, I’m still kicking myself because I’m paying off debts instead of taking advantage of ample opportunities to go to school and increase earnings, and to purchase assets at distressed prices to realize strong wealth gains.
Please feel free to ridicule me some more.
Keith, thanks for the link to the article on food allergies. My two year old was recently diagnosed with severe peanut and egg allergies (along with moderate wheat and milk allergies), and my wife and I have been struggling to adjust his diet accordingly. We have yet to meet with the allergist (there was a three-month wait for an initial appointment), so this article helped with some of the uncertainty.