as far as

2010 review, 2011 resolutions

Sat, 01 Jan 2011 20:43:00 -0500

2010 was a complex year for me, sometimes wonderful and sometimes disappointing:

Anne & I continue to have a wonderful life together. I even managed to trick her into wearing a ring!
I’ve not made significant progress with any of my 2010 resolutions 8-(
We’ve mostly completed renovating our kitchen. We’re both quite pleased with the result.
School has fallen by the wayside
I’m still, on average, quite satisfied with my job. My professional abilities have grown considerably and 2011 is on track to be another interesting year. My E.D. & I have a working relationship that, while not perfect, is the best I’ve had with any boss.
Budget issues and individual personnel issues have cut my organization’s staff nearly in half. Similarly, we’ve had to make do with about 1/3 of our previous complement of volunteers, work clients, and interns.
I’ve had a wonderful net-gain of quality in friendships this year
I had my most prolific year bicycling yet, especially because of (or despite) a wonderful but occasionally problematic custom-built bicycle.
In January 2010, I ended my experiment with vegetarianism. However, it wasn’t until Christmas morning 2010 that I stopped pretending to myself or others that I was still a vegetarian.

My resolutions for 2011:

Engage in weekly learning. This can include school, certifications, workshops, study, experimentation, or other forms of improving my knowledge. My short and long-term memory abilities are declining slowly, but noticeably.
Tackle one small or half of one medium home maintenance or upgrade project per month. To the extent possible, I want to do at least some of the work. However I should not let that deter me - I’d rather hire someone and enjoy the completed addition than coast on an unimproved house. Some I have in mind (in no particular order, and not to the exclusion of others):
- Completely rebuild the interior of the master bedroom’s small closet
- Replace the shelf & hanger bar in the guest bedroom’s closet
- Tile the kitchen backsplash
- Repair or complete the electric work in the kitchen
- Install the front storm door and repair or replace the front main door. After this is done, make sure a suitable handful of people have keys to our home
- Wire the office (see below)
Hard-wire the office computers together & to the internet. Up to 5 devices are wirelessly connecting to the router downstairs (including the server), while the router has at most the TV computer wired (currently not present). The best solution would be to run the cable modem & router from the basement closet (with the server too), and run cat6 (compatible with gigabit and upcoming 10gb) up to the living room & office respectively. Alternatively, I’d be ok just dropping cat6 from the office to the living room. As a last-ditch, inexpensive resort, I’m willing to have the co-ax run to the office and run the router from there (with PCs added to that switch) but wireless coverage will suffer in portions of the house.
Stop the parade of computers in the house and set up a functional system. At the moment we’re pretty well set with sufficiently modern computers: windows, & mac PCs upstairs, a lightweight mobile device each for anne & I, two laptops (either of which can be used as a TV PC, depending on the tv we have), and my linux server. Going forward: resist incremental or non-necessary upgrades and make full use of the server.
Pack (or make at work) lunch on average 4 times/week. Cook dinner on average twice/week, making leftovers whenever possible.

Consumerist's password strategy and its limitations

Sat, 10 Jul 2010 11:26:15 -0400

Consumerist's password strategy and its limitations:

The strategy outlined in this article (linked in the title) is somewhat similar to what I’ve done. But, the article’s method doesn’t provide good security against social hacking: password theft from shoulder-surfing, inside access, keystroke logging, etc. Even if a scheme like this article’s is used, a savvy degenerate might deduce all of your passwords from discovering one and almost certainly deduce all from discovering two. If I found your Facebook and Twitter passwords to be 1Facdrat and 1Twidrat, I have a damn good guess on your Google and eBay passwords. I suggest devising a password pattern which calculates letters and numbers out of the brands themselves, so , so you need only remember the pattern. A pattern that looks like real words or acronyms might further obscure the presence of a pattern.

8 appears to be today’s magic number - I’ve experienced minimums as high as 8 and maximums as low as 8. One day, more systems will accomodate 100+ character passwords, making whole sentences more sensible than weird patterns like this. Of course, by then we might be logging into more systems via biometrics.

Further, mandatory password changes are a wasteful anachronism from years ago. The time an average computer would require to cycle through a brute-force password discovery attack used to be measured in weeks - hence a 30-day password reset period was a reasonable measure. Now that comprehensive brute-force attacks can be run in the span of a few minutes to a few days, and that more systems have back-end safeguards against brute-force password discovery, password expiration policy has become a liability. It’s quite common for people (who have to regularly change their passwords) to write them down nearby (!!!), rotate between two very simple passwords, or forget their new password and request a reset (almost inevitably setting the original password back up).

I would still suggest password changes every so often - perhaps every year on new years (you’re just sitting at home anyway). The security concern isn’t attack by brute force, but someone who might’ve written one down or harvested your password and simply hasn’t used yet (or hasn’t yet been discovered using it). However, these changes should come at a pace that you can comfortably absorb. A pattern that’s sufficiently obscure and sophisticated can accommodate a periodic password change securely with only a small amount of inconvenience.

Finally, I’m skeptical of password storage systems - they appear to represent a point at which a single failure can compromise your entire online presence.

To recap, I think a good password pattern should be:

Easy to remember and easy to type! If it’s not quick, simple, and comfortable to follow, you’ll likely compromise its security.
Incorporating upper case, lower case, numbers, and symbols. Be prepared to use additional letters for systems that don’t accept symbols.
Structured based on the brand, but *not* in an easily-recognizable pattern.
Have a built-in structure for periodic password changes (mandated or spontaneous).
8 characters. Again, there’s a small sweet-spot between the minimum and maximum password lengths permitted by various identities.

Here is a sample password strategy, somewhat similar to what I use now:

Characters 1 and 7: The number of password changes since inception, starting at an arbitrary number for the first password in this pattern. In this sample pattern, I’m going to start all passwords at 11 (as in this year +1, minus 2000 of course) and increment up by 1, but reversed so the 5th password change will be 61 and the 10th password change will be 12. Most likely, you’ll only change a password a small handful of times; making the first digit the iteration change (usually) will hopefully make changes easier to remember.
Characters 2 and 4: Using the first consonant and first vowel in the brand, take the first following consonant and first following non-Y vowel: such as h and u based off of the G and O in google, such as c and e based off of the B and A in ebay. If a brand is missing consonants, vowels, or enough letters, do the best you can with what’s present. Examples: AAA.com might use b and e, SS.org might use t and u, X.com (remember the old PayPal name?) might use y and a.
Characters 3 and 8: i and !. Now your password feels like shouting! Use an additional i at the end for systems that don’t accomodate symbols.
Characters 5 and 6: the letters SH, capitalized. This will make for some funny-looking passwords - along with the exclamation point you’ll feel like a Japanese sorcerer when logging in.

example passwords with the new pattern:

google - 1hiuSH1!
twitter - 1vioSH1!
facebook - 1gieSH1!
my last workplace, with periodic password changes - 3qiiSH2!

I'm somewhat stuck making up my mind

Tue, 27 Apr 2010 12:29:00 -0400

Keep my current job at NTR
Highly uncertain job security, a hectic and chaotic environment in nonprofit, often long but sometimes flexible hours, but doing work that I mostly love and for good purpose. I have broad authority and the job is prestigious on a resume. The commute is a short bike ride just on the other side of downtown, but is right by CCP (where I’m currently going) and an easy 1-sub ride in bad weather. Eating good and cheap lunch around here can be sometimes challenging, but I can sneak in a beer on lunch sometimes if I’m careful. I can wear nearly whatever I want. Somewhat higher base salary.
Accept a new job offer
Near-certain job security in a growing & successful corporate environment, very stable hours, doing work that I enjoy but can be somewhat uninspiring and for a comparatively uninspiring purpose. The commute is a slightly shorter bike ride in the middle of town, but a 2 bus or 1 sub/ 5 block walk. Eating will be a lot more interesting and bountiful, especially with Trader Joe’s nearby. No more occasional beers on lunch though (at least early on). I’ll have to wear pants & polos every day. Somewhat lower base hourly, but better benefits and opportunities for overtime pay.

(the link from facebook is hidden from my current coworkers)

2009 redux, 2010 aspirations

Thu, 31 Dec 2009 17:28:21 -0500

I’m pleased to look back and think about how 2009 was a banner year for me:

Anne & I have had a wonderful life together in ‘09
I think my personal growth has left me in an improved place compared to a year ago
I’m enjoying the most challenging and rewarding job I’ve ever had
I’ve successfully tackled my primary 2009 resolutions
- Matt & I have a much-improved relationship
- I’ve completed my first semester at school
- The house moving along quite nicely, and at an affordable pace
- We haven’t yet networked the house, but the office is essentially completed in the manner I imagined
- I am ~~generally~~ sometimes playing fewer video games
- other technical details have been advanced, more or less
It’s amazing to be writing this from our rental’s balcony on the western side of Kona, HI. Overlooking the pristine Pacific is quite marvelous.

As for 2010:

Resolutions

Improve my study habits. Dramatically.
Honestly challenge myself to spend time in meaningful (yet still enjoyable) manners, by default. There are still far too many timesinks in my life that do not return any more enjoyment than the things I truly wish to do.
In keeping up with the above resolution: be mindful to acquire new skills or knowledge as opportunities arise.
Maintain my momentum with career and/or school

woot.com humor that will fly by too quickly due to a woot-off

Wed, 28 Oct 2009 13:42:40 -0400

Oh, You’d Be All About This If They Were Two Chicks

iPods. Sansas. They’re okay. They have their place. But the Coby 2GB Media Player is a different sort of player. Can’t it have a place in the world too? Can’t it find… someone special?

“Hey, Trisha! There’s a concert in my pants and you’re invited!”

ugh

“No? Okay, well, Polly? Concert in my pants? You’re invited?

Grow up, Stewart

“What? I’m just trying to- Janet! Janet! Have you heard about the concert in my pants?”

“Whoa, whoa, Stewart! What’s going on!”

“Aw, Bobby, I’m trying to tell people all about the Coby 2GB Media Player. Look at this, it’s so tiny, but the speakers are built right in for better sound!”

“Hey, they swivel out! That is cool!”

“Yeah, and you can play music and movies and there’s a built-in FM radio and everything! I’ve got about eight hours of video on there right now, which is perfect, because now I’ve got-”

”-a concert in your pants. Got it, Stewart. But you know, women don’t always see things the same way us guys do. You can’t talk to them in crude and frank manner. Unless you’ve got muscles and a cool car. Which, let’s face it, you don’t.”

“What? That’s crazy! Then women are stupid! And I hate them!”

“I’m very glad you think so, Stewart. Because I’m really interested in that concert.”

“Really? You want to know more about the concert saved on my Coby 2GB Media Player?”

“No, Stewart. I’m talking about the one in your pants.”

“Bobby, I… I never noticed until right now how beautiful your eyes were…”

“Come on, Stewart. Let’s drive up to Vermont and destroy the institution of marriage… together.”

Black bean soup at the adobe cafe

Sat, 16 May 2009 22:20:04 -0400

Black bean soup at the adobe cafe

Why I'm keeping my PhillyCarShare membership

Mon, 04 May 2009 00:25:32 -0400

Some aspects have not been disputed from all I spoke with:

PCS has been agressivley mis-managed - including its finances, customer service, gas-card scandal, & last-minute stealthy membership change
PCS has strayed from its mission (perhaps unwittingly)
The loss of PCS leaves Philadelphia with a single carshare provider
Folks who rent once/month or less will pay more under the new pricing

So, those things leave me the following questions:

Might there be opportunities to get PCS restructured for transparency & competency?
Can PCS sustain a business model capable of funding its operations through times of lean grant & foundation funding?
How bad could it be in a zipcar-only city?
Does careshare represent a good value for me?

(my) Answers, in order

Yes - I believe there will be extremely vocal minorities among both the group that stays and the crowd that leaves (but might come back under the right circumstances). The thing the public has in its corner is PCS’s focus on one market - if they don’t serve it well enough they’ll be increasingly marginalized. A couple of brave board members can suitably shake things up with well-timed exposure. Finally, I believe Philadelphia hungers for a successful PCS, even given it’s righteous anger over the current debacle.
Absolutely. With unemployment so high, the future of american automakers uncertain, credit scarce, and all of the more ordinary reasons car ownership is only questionably worthwhile - there is certainly money to be made. Anything including a renegotiation or re-bidding of their current insurance contracts, on-vehicle advertising, aggressive marketing for fleet-replacement, etc - could tighten up the business model. I think profits from organizational fleet replacement contracts could subsidize accessible monthly rates for low-income residents in a limited fashion; fundraising development might restore full accessibility or grant programs in the futre.
Fuckin’ lousy. Their “philly wheels” plan has a built-in expiration date of PCS’s bankruptcy or acquisition. Further, Philadelphia is merely one of many markets that will be served in a profitable rather than blanket manner. I feel Zipcar has a place here - visitors should have a carshare option while in town, and frequent travelers shouldn’t have to buy two memberships. But as a working-class town with strong non-profit & DIY communities, we owe it to ourselves to maintain a homegrown non-profit solution. If PCS is allowed to fail, it’ll be extremely difficult for something else to rise anew if it has to face an established national competitor.
Sometimes. I don’t own a car anymore and don’t plan that changing soon. Bicycle, septa, carpooling with driving friends, and some walking are my M.O. I also like a taxi regularly enough, it’s perfectly spontaneous for one-way trips about town. AND, for the times I need a car rental it’s sometimes better to rent from a chain. All that said, the ladie & I have been using cars a little more often than once/month between the two of us. It’s a useful option when I need to make or combine short spontaneous trips. Further, PCS has a little-advertised option to pay $125 for a year of membership instead of $15/month. That comes out to a little over $10/month, a significant difference. It makes that one trip/month cost about $20, which is still cheaper that what it’d usually cost for the round-trip taxi.

I understand folks who don’t want to take the gamble on a year membership and/or are rightly angry at PCS for dropping the ball. I hope PCS gets strong enough to regain your business, and keep mine.

fuckyeahcilantro: SAT practice question—laying pipe :...

Fri, 17 Apr 2009 08:26:10 -0400

fuckyeahcilantro:

SAT practice question—
laying pipe : fleshlight :: enjoying cilantro : this

gideonsbible: everybodycares: “The modern conservative is...

Thu, 16 Apr 2009 20:30:40 -0400

gideonsbible:

everybodycares:

“The modern conservative is engaged in one of man’s oldest exercises in moral philosophy; that is, the search for a superior moral justification for selfishness.”

- John Kenneth Galbraith

I agree with rollertrain’s below critique, but I think it...

Fri, 03 Apr 2009 20:31:29 -0400

I agree with rollertrain’s below critique, but I think it applies only to those who don’t need to have the fire lit under their ass by such a manifesto

rollertrain:

The Cult of Done Manifesto [via (and sorry) rileydog]

These Bre Pettis/Kio Stark commands have been spreading around the internet like warts on a frat dick. Every time someone sends me this link or reblogs this manifesto, thinking “YEA, dude! This is awesome and correct!” I want to draw a question mark on her face with my old red editing pen.

This interweb trend-of-the-month has some good points: Failure can be a good thing, and I like the line about the point of being done is to start a new project. And the destruction line is interesting. But the rest of this crap needs some editing.

If you don’t have an editing stage, your shit is going to suck unless you’ve been doing the same kind of thing for 20 years. Also, “the engine of more” makes me want to vomit and cancel Matt’s MAKE magazine subscription, then mouth-rape the cult of BoingBoing with my fist as an exclamation point.

And laughing at perfection? Why? And whose? Perfection doesn’t even exist. But it’s a pretty tough goal to aim for, so why would you encourage people to laugh at it? So they can make even more sloppy crap that the world totally needs right now?

The most irritating line is “BANISH PROCRASTINATION.” Really. I would love to meet someone who has succeeded in banishing procrastination, though I probably have a better chance of having sex with that ghost I dream about.

Everyone procrastinates, and lines like this just make them feel even worse. Procrastination is fear and apprehension. If you ignore it completely, it’ll figure out how to get out of your denial cage and bite your ass. Best to deal with it on realistic terms.

And commanding your Pettisheads to trash their ideas if they haven’t started working on them after a week of thinking them up is dumb, arrogant and cruel. A week is nothing. Even on your internet.

I don’t know this dude, but I don’t trust anyone who writes their own manifestos or encourages fangeeks to literally or figuratively throw away their hard work. Maybe MAKE’s next issue will include instructions on how to build a long-distance heat-seeking ball-gag missile.

how my soup happened, 2009 edition

Mon, 30 Mar 2009 19:50:39 -0400

look through recipe books since I never use them in lieu of internet
put them back on the shelf briefly after irritation since they’re better suited for planners, go-getters, and do-gooders.
go back to tried & true method of throwing a bunch of ingredients in the search bar & seeing which recipes get spat back out
open 8 or 9 tabs, read through each recipe, find slight dissatisfaction with each one but useful tidbits on relative quantities
time to bring the laptop into the kitchen to start cooking
fuck, even trying 3 different tactics to reduce tearing from onion gas, my eyes still hurt.
- As of this writing, with soup simmering, eyes still hurt. I’m glad I chopped up that spiteful onion.
in a groove, mirepoix is about to happen. Oh, I was planning on adding spinach or a leafy vegetable & these celery stalks come with leaves that I normally chop off. Not this time, Gadget. In the back of my head.. “I hope this doesn’t taste like ass”
laptop forgotten as just a fancy radio. I got it from here, Bruno
and there goes my hopes for mirepoix when the carrots are moldy in the bag. That crisper failed at its duties, it’s getting demoted to the rank of drawer, with a half-written addendum of “whom could’ve been simply a shelf”. In my last house, I stuffed the drawers in the basement and simply used the space as a shelf for the same reason. DON’T TEMPT me drawer. Shape the fuck up.
looking at other vegetables, I guess scallions & some more celery are gonna pull double duty tonight. A few mushrooms, jalepeno with seeds, a few cloves of garlic, & the rest of a wrinkled ginger round out the raiding of the drawer.

Steve’s soup of what he’s got left and hopes it tastes good:

3 onions
2 full stalks of celery
1 bunch of scallions
0 lbs of carrots because they’re fuckin’ moldy
3 cloves of garlic
1 jalepeno
½ pack of mushrooms, or a whole pack if you have it
about 1 man’s pointer finger to the first knuckle worth of ginger (skinned)
olive oil
soy sauce
1 lb tofu
1 qt of vegetable stock
some wheat noodles (I used ½ lb of buckwheat thin noodles)
salt & pepper

Chop yo’ shit. dice onions & celery, chop scallions, slice mushrooms, mince garlic, finely dice jalepenos without cleaning out seeds, carefully mince ginger.
Saute yo’ shit. Olive oil, in bottom of the stock pot.
Once the onions start to turn clear, add enough soy sauce to coat everything without it pooling much at the bottom. Let it continue to cook uncovered, mixing occasionally.
Dice tofu into 1cm squares (more or less), & pan-fry in olive oil until the sides are partially browned.
Add vegetable stock & tofu
Add about 1 qt of water, using the vegetable stock carton if your stock was store-bought.
Add some more soy sauce (I used something near 1 cup?)
Salt, pepper. yeah.
Add noodles. Reduce to simmer. Blog about it.
I just tasted it, it is edible.
8-)

54 really nifty digital paintings

Mon, 26 Jan 2009 21:19:33 -0500

54 really nifty digital paintings:

This is a retwit from @sbspalding (who writes an amazing blog). The images wouldn’t get justice on a cell phone, so I retwat here (hmm, does that verb work in the past tense?). The page is called 54 “mind blowing” digital paintings. I’m not sure they’re all mind blowing, but it is a damn good collection from a variety of artists. It’s better than the average few minutes spent at DeviantArt or the like.

Super Efficient Floating Wind Turbines

Mon, 26 Jan 2009 13:24:00 -0500

Super Efficient Floating Wind Turbines:

Make sure to visit the comments too, where I laid some smack down.

Few traditions are as annoying as the worship of bipartisanship, for it ignores the fact that sometimes one party gets things disastrously wrong.

Sat, 24 Jan 2009 10:49:16 -0500

Few traditions are as annoying as the worship of bipartisanship, for it ignores the fact that sometimes one party gets things disastrously wrong.

"It'll shoot your eyes out" chili

Mon, 19 Jan 2009 20:17:49 -0500

Well, it shot mine out since I didn’t properly handle the habaneros properly.

So I started with this chili recipe, modified about half of the ingredients/quantities & added a few ingredients - including veggie faux ground meat.

It’s a good looking meal but it looks more like the insides of a burrito with the works than a chili with that homogeneous reddish-brown color. It turned out to be about the tastiest chili I ever made - full of flavor, just enough spice, and plenty of accompanying (but not overwhelming) heat.

move

Wed, 07 Jan 2009 09:03:03 -0500

In line with my previous post, if you google with me (chat, email, calendar, reader, docs), please do so with my new address

steven.feldman at gmail.

Resolutions & Plans for 2009

Tue, 06 Jan 2009 13:40:00 -0500

Thanks to MD for the idea.

Resolutions. These are things I must do for the significant betterment of myself.

Start higher education.
- For fuck’s sake, I work a block from CCP at the moment.
- I don’t want to do IT for the rest of my life. I’ll stay computer & tech savvy, but I’d like tech to be tools in my work rather than work’s primary focus.
Drive towards having as good a relationship with my brother as the one I share with my sister.

Plans. These aren’t resolutions, merely things that can result in lifestyle improvements and satisfaction of pursuits.

Get the house feeling like home. It’s moving at a slow crawl.
Blog more regularly. My writing already suffers and I do have a lot to say.
- Blog about my fantastic trip before I forget it.
- Use Yelp.com like I mean it.
Move to a more robust and variable password variety system. Most of my identities have a unique and relatively strong password, but they could be stronger, tougher to extrapolate the others from, and still easy for me to categorize.
Fully migrate my google identity & primary email to Steven.Feldman@ (calendar, contacts, docs, chat, etc). Minimize use of my bootsector.org account with the intent to leave it entirely, and migrate chickencow@ to solely a mailing list/bulk/spam account.
- There are a lot of Steven Feldmans out there apparently. I’ve received some funny emails.
- Google Docs. ‘nuff said
BSG from beginning to end. I’ve hardly seen any and I owe it to the small but starving sci-fi fanboy in me. Thanks Sipes
Stay away from timesink video games. Fallout 3 is kicking my ass in awesomeness and squandered time.
Decide on and build a network at home functional for Anne & I. Desired results: RAID file/media server, media PC for downstiars, comfortable office PC, strong wireless access in basement, yard, and all rooms.
- I really liked the apple TV. Is there a linux equivalent, and is it as good? Will Apple TV work with non-apple file servers? DVR?
- No Windows OS in the house except for laptops.
Play Go a little more regularly
Get certifications while I’m still at NTR

Shit Shit where'd it go?

Tue, 11 Nov 2008 08:44:18 -0500

My bike, all locked up
Police station two blocks south
Yet snatched by some bitch

Overnight, locked up in front of Anne’s in South Philly. Called police this morning to leave a report, but since we don’t have a non-emergency police hotline, I’m still waiting for a callback. If you see someone riding this bike, please push him/her into traffic. He/she might survive, since my helmet was also taken.

Description:

Univega FS750 mountain bike - 24 speed
Cobalt blue, oversized tube frame mountain bike
Asphalt tires - angled tread channels rather than the knobby tread found on normal mountain bike tires
Black crate mounted on rear via black aluminum luggage rack
Black men’s comfort seat with a slightly peeling surface
Two water bottle clamps, on top and bottom of lower main bar
Blue & black saddlebag mounted under seat - the crate is purposely cut in the front to enable access to the saddlebag
Hook for U-lock mounted on seat - locking bar of U-lock would rest perpendicular to the seat post
If the tires were to be removed, one hub should have a rubber track on the inside and the other should have a cloth track
Inside the saddle bag should be an old brass Presta valve converter, likely located in the mesh pocket

Other accessories (may or may not be present)

Thief
Bell helmet - blue/black/white with a tiny red triangle on back and black chinstraps
Handlebar-mounted light
3-LED rear light mounted on rope on back of crate
Green & white nylon rope - clothesline?
Black unsheathed bungee cord with 4 or 5 or 6 holes for hooks (I don’t remember)
Thick braided steel cable with loops on either end. Sheathed in clear plastic with orange caps over the loop knots.
I do not recall if I scraped my name anywhere on the bike. If I did it is probably on the bottom and may be in english or may be my first name in 4 Japanese Katakana characters

Image and description of bike specs (my bike is blue, pictured bike is black):

http://www.bikepedia.com/QuickBike/BikeSpecs.aspx?Year=1998&Brand=Univega&Model=FS-750&Type=bike

My twitter made it into this debate synopsis

Wed, 08 Oct 2008 09:26:12 -0400

My twitter made it into this debate synopsis:

see if you can figure out my twitter ID (if you aren’t already a follower)

Why I took my money & ran.

Fri, 26 Sep 2008 12:56:43 -0400

A couple of months ago, Wachovia bank posted a loss of $9bil. I didn’t follow the story enough to know whether it was a cash loss or a write-down of bad debt, but either way that’s a lot of money. The FDIC sounds like a suitable institution under normal circumstances, but I am somewhat skeptical of its effiacy should some of the larger banks buckle. Given our government’s propensity to borrow excessively to fund unnecessary shite that has very limited return on investment, such as bailouts of investment institutions or, say, war; I am uncertain the US can put cash in place to prop up investor money for large quantities of people*.

I moved my money to PFCU - a federal credit union. I’ve been long-dissatisfied with my money being part of a large pool that’s bandied about by wealthy folks indifferent to my needs. I’m now quite satisfied to have my money in an organization in which its board is elected by its depositors, and is by mandate designed to serve its depositors. I’m ~~not~~ suggesting you do the same.

With the following article, I’m glad I saw the writing on the wall.

http://consumerist.com/5055292/now-that-the-largest-bank-failure-in-us-history-is-over-is-wachovia-next