Great article in the Wall Street Journal on the economic theories of Mr. Minsky,
(my neighbors Father) — our current condition has been coined a Minsky Moment as it parallels the economic models and theories of Mr. Minsky.

“At its core, the Minsky view was straightforward: When times are good, investors take on risk; the longer times stay good, the more risk they take on, until they’ve taken on too much. Eventually, they reach a point where the cash generated by their assets no longer is sufficient to pay off the mountains of debt they took on to acquire them. Losses on such speculative assets prompt lenders to call in their loans. ‘This is likely to lead to a collapse of asset values,’ Mr. Minsky wrote.”

Watch out — here comes Singapore.

A new idea by Hulger: the Plumen Lightbulb.
Lightbulbs have been very stale for a long time. They can be seen in 3 basic models:

Plumen proposes a number of different lamps with the same ease of use of regular lightbulbs.

These nerds get schooled (with class) by my hero, John Nese.

Galco’s Part I

Galco’s Part II

Galco’s Part III

Never really post links to commercial online financial software, but this one looks to be very helpful to a lot of people, go Open Source. Thanks Sun.

Kiva lets you connect with and loan money to unique small businesses in the developing world. By choosing a business on Kiva.org, you can ’sponsor a business’ and help the world’s working poor make great strides towards economic independence. Throughout the course of the loan (usually 6-12 months), you can receive email journal updates from the business you’ve sponsored. As loans are repaid, you get your loan money back.