Author Archives: Doug

The Low Fi Manifesto – Data Architecture, and Journler

I’ve been chatting with the folks over at digital complements + about Journler and they pointed me to Karl Stolley’s The Lo-Fi Manifesto.

Reading it reminded me of when I was serving my time in the land of technology management. Back then the Architecture and Planning group reported to me and we were pretty sure that the age of applications and hardware was over. The future was about data. We spent most of our waking hours trying to find ways to undo the mess left from just about five decades of applications dumping data into siloed databases…

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A few provocative questions for the Presidential debate

A lot of people have lists of questions they want asked at tonight’s (or any) Presidential debate. Most center on the current economic crisis.

I’d like to add five questions that I’m not sure are in many people’s list…

Posted in Best Of, The Annals of Protest | Tagged , , , | 2 Responses

They’re not the pirates, we are

John Renesch runs a thoughtful blog over at The Global Dialogue Center.

His recent post was called “Wall Street Skull and Crossbones”. I took issue with his emotional characterization of bankers as pirates.

He wrote: “Their sole purpose is to make a profit, and to do so with the least amount of capital as possible.”

John: You say that like it’s a bad thing…

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Congress to America: Drop Dead

I’m not sure I know how to react to the news today that the House of Representative defeated the bill giving Treasury the ability to purchase mis-priced assets from the banking system.

As the market collapsed, $1.1 trillion was destroyed in falling share values held by Americans. That is much more than the $700 billion that Treasury requested. So we no longer have the $700 billion, and we lost another $400 billion. I can’t think of a better definition of “stupid”…

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Are Americans worthy of being saved?

Are Americans worthy of being saved?

During this financial crisis I have been wandering the halls of academia, blog space and the business world and I’m shocked by our people’s lack of comprehension about what is going on in the economy. The misperceptions about the current banking crisis, its seriousness, the implications, and potential solutions defy understanding. There are times when I just shake my head.

I have found that the groups of incomprehension fall into four camps…

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Comments on the current crisis – Regulation

As a follow on to my last post, and in the spirit of more regulation is good (the protest cry from the streets these days following Wall Street’s crisis), here are two ideas where we might be able to do more with less:

Fedealize insurance regulation, and adopt principles based accounting.

As quaint as state insurance regulation is, and as well intentioned as Sarbanes-Oxley (SOX) was, its time for both to go. This is such a no brainer that it will never get done…

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