Paulson Real Estate Recovery Fund

Brilliant strategy. Just brilliant. “One of the fund’s main strategies is to buy undeveloped tracts of land that already have environmental and building permits. Roads, sewers and electricity may also be in place, but not homes, according to one of the people familiar with the fund. If the real-estate market recovers enough for developers to …

Unanimous Support for Unlicensed White Spaces

“The Federal Communications Commission voted 5-0 today to adopt rules for using the airwaves, known as white spaces.” Some ridiculous NPR story yesterday complained that the crowded nature of metropolitan airwaves prevent this from being useful to the vast majority of Americans. The point isn’t urban America – the benefit is to rural America. My …

2010: The Great Restart

I could stare at this image all day. Continually riding its roller coaster in my head – watching geo-political events, holidays, elections, and family gatherings, all unfold. Whether we call it the Great Recession or the Great Nominal Spending Crash1 – I don’t think we’ve seen the interesting part yet. I predict a dramatic recovery …

A popular Democrat becomes President during one of the worst economic downturns

I’m reading The Forgotten Man: A New History of the Great Depression. While parallels with pre-1950s America are always tenuious, here’s a synopsis A popular Democrat becomes President during one of the worst economic downturns in our nation’s history. He drives through some of the most dramatic legislation ever seen and creating departments compensating farmers …

In Bigger News: FCC Opens White Space & Frees iPhone

I was always baffled by Apple exclusively giving the iPhone to AT&T. It’s not in Apple’s DNA to tie the customer experience of their products to someone else. Exclusively or otherwise. Multi-year or otherwise. Apple’s built their reputation on owning and controlling the entire stack; OS, applications, hardware. Hell, Apple’s never been crazy about having …