Monday, November 21, 2005

And Then a Miracle Happens

  • There is an old story in tech land, about a meeting where the whiteboard has a diagram of a complex business flow. Boxes represent the processes, and there are lines connecting the boxes, showing flow and data moving around. Everything feeds into a small box in the bottom right hand corner that reads "And then a miracle happens."

  • On Thanksgiving Thursday, there is an annual Run to Feed the Hungry race/walk in Sacramento. It benefits the Sacramento Food Bank and Family Services. Just in case you'd like to run/walk, or just make a donation to help out.

  • I was walking behind a couple coworkers talking about their finances, and one said "If I could just win about $500,000 in the lottery. That'd help." I was thinking that's the "And then a miracle happens" box of personal finance. Either lottery, inheritance, tax refund, great stock pick, or annual work bonus. Something that comes and bails one out.

  • GM is laying off 30,000. What's that, about 25% of their workforce? Looks like most of the cuts are in the US and Canada. I wonder if this gets back to the cost of labor in the US? Combining salary, pensions, health benefits, etc. The unions negotiated these sweetheart deals, but I wonder how many will be left to actually realize the benefits?

  • For a lot of folks, Google has been their "And then a miracle happens" stock pick.

  • Another slow day in the markets. I wonder if we'll just continue the slow grind higher?

  • Be back...

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