That's billion with a B

Posted by Jim Jagielski on Wednesday, September 24. 2008 in Junk Drawer

So Wall Street will get a bailout of $700 Billion. It must be nice knowing that no matter how badly you screw up, you can count on your friends to completely cover you. Of course, that is a simplification and the deal as currently defined will almost for sure not pass. The major sticking point seems to be that even though the companies are in woeful financial state, and the gov't need to step in with $700B of taxpayers money to shore things up, the executives of those companies will walk away with tens-of-millions (at least) of compensation and... wait for it... BONUSES! I have no idea in what Alice-In-Wonderland universe these things happen, when an executive expects and receives bonuses for basically being a greedy, selfish tool, but I obviously don't understand The Financial Market. Of course, we are told, that the bailout can't add limits or restrictions for these types of things, because it would prevent executives from taking the bailouts to "save" their companies. If there is any clearer indication that the executives' priorities are screwed up, I don't know what it is. "Screw the company! I want what's coming to ME!" And what is even worse is that the main people in the gov't behind this bailout have no idea why we feel that this is somehow wrong...

Spring Python

Posted by Jim Jagielski on Friday, September 5. 2008 in Programming

Lots of people like Spring. The only trouble is that a lot of people also don't like Java. They would love to be able to use Spring but don't want to make the leap from their favorite scripting language. Well good news, especially for us Python fans. The latest version of Spring Python is now available. The real cool thing about this is that Spring Python is now an official Spring Extension with this latest release. Spring Extensions are a way of extending and enhancing Spring and Spring-related addons with the official help of SpringSource. It's sort of like a mini-Incubator for SpringSource. Anyway, I'm looking forward to diving into Spring Python. Looks like fun!

Monty leaves Sun

Posted by Jim Jagielski on Friday, September 5. 2008 in Technology

Valleywag reports that Monty has decided to leave Sun (and MySQL)... Wow... and yet, not totally unexpected, imo.

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