You Got to Be Kidding Me!

What I’m Looking At, and a New Category – 12/8/2008

Posted in Box of Hammers, Computers and Software, Four Wheels by Stacy McMahon on December 9, 2008

* Bailed-out mortgage holders defaulting all over again.

“The results, I confess, were somewhat surprising, and not in a good way,” said John Dugan, head of the U.S. Office of the Comptroller of the Currency, in prepared remarks for a U.S. housing forum.

You mean bailing out subprime mortgagees didn’t magically make them into responsible citizens who live within their means?

Dugan said recent data showed that after three months, nearly 36 percent of borrowers who received restructured mortgages in the first quarter re-defaulted.

I’m so proud to be an American.

Oh, the new category? “box of hammers”. Should be self-explanatory by now.

* On the other end of the spectrum, the lowly checklist is making a comeback (maybe) in hospitals, where it turns out that there are a few (hundred) too many things per patient to remember during a shift. Based on actual experience, it’s estimated that a $3m investment in creating checklists for standard ICU practices could prevent up to 28,000 deaths a year in the US.

* A guy with some wrenching talent and one hell of a rolodex has built a brand-new Jaguar E-Type from leftover factory parts (and a few aftermarket restoration bits – about 5% of the total) Cool, huh?

* And an interesting discussion about how lawyers (or other companies) do or don’t take advantage of technology in the office. In a nutshell, most people don’t think very far outside the box.

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One Response

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  1. Matt said, on December 9, 2008 at 7:42 pm

    I’m not surprised by the first one at all, either. I’ve also noticed this with the stories about the correlation between gas prices and the sales of SUVs–when gas is high-priced, people won’t buy those monsters, but the minute that gas prices go down, the SUV sales start going back up. *facepalm* At least the last time this happened, when gas prices went up in the ’70s, people started buying smaller cars. Not so with this generation. Who knows, maybe all the drugs people did back then really DID make them smarter…. 😉


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