Wednesday, June 24, 2009

Platinum Links: Bully Edition

1. More on the CRA's contribution to the economic collapse. What I find most disconcerting about the whole thing is the way that gov't bullied companies into making really obviously stupid decisions. Oh well. It seems as though the companies were happy to go along with it.

2. So in the example above, businesses kowtowed to what the regulators wanted them to do and lent to people that didn't have the necessary credit history to be lent to. Here is an example of businesses doing the opposite and simply not allowing themselves to be put in that situation, to the detriment of the customers who live in the states. Here's an example of people doing it too. When people say that taxes don't matter, I disagree.

3. Using the bully pulpit to explain why it sucks to be the number 1 pick in the NBA draft this year. Probably one of the most exhaustive pieces of sports reporting I've seen in quite a while.

4. Why the way we develop basketball players in the USA isn't exactly the best.

5. I have friends who work on capitol hill. I wonder if they know about this.

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