Jason Chen
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DSLR: Nick Humphries posted a link
12 hours ago - via Reshare - Link
.... It might be due to incorrect monitor calibration or something? It seems like the color space/profile of each image changes significantly upon completed import into Aperture. This has never been a problem when I used to shoot JPEG photos. Has anyone experienced anything like this? If so, what am I doing wrong? - Nick Humphries
Make sure you are exporting to sRGB. - Benjamin Golub
I am exporting to sRGB, but this isn't an issue of exporting photos, its when I import them. - Nick Humphries
Are you proofing in sRGB also? View -> Proofing Profile - Benjamin Golub
I set proofing to sRGB and get the same result. - Nick Humphries
If you're shooting Nikon (like me): "Aperture, like most or all other raw processing software, does not have access to Nikon's trade-secret algorithms and color matrices for converting raw NEF data into colors. Aperture does its best, but its colors do not match the colors I get from JPGs which match raw NEFs opened with Nikon's software" from http://www.kenrockwell.com/app.... I never notice this because I end up setting my own white balance and color saturation for each shoot. - Benjamin Golub
I have a Canon. Not sure if its an issue of the camera, or Aperture, or my monitor, or some other factor. But it happens in either Aperture or Lightroom. My problem is like this: http://www.talkphotography.co.... - Nick Humphries
That's simply Aperture shifting from rendering your image using the embedded JPG preview created by the camera to what its RAW processor is able to decode. As Benjamin quoted from Ken Rockwell, 3rd party RAW processors often can't decode the white balance and other processing data embedded in the files that in-house RAW processors like Capture NX can read. By using LR or Aperture over Capture NX or DPP, you're essentially trading the ability to read encrypted settings for (imho) much better usability. - Jason Chen
I've found that you can pretty readily replicate most of the Canon's Picture Styles using the RAW Fine Tuning, Enhance, and Edge Sharpen bricks in Aperture after I've set the white balance, exposure, and levels. Once I figured out the look I generally want in my photos (I have a Canon 5D), I just made presets for the first 3 bricks to help speed up my image processing. - Jason Chen
What Jason said. By default, when you start with RAW you have to do the "spiffing up" that the in-camera processor normally does. Adobe has done some work on trying to replicate the in-camera processing with their Lightroom/ACR software. Somebody blogged about it here: http://stephenzeller.wordpress... - Brian Johns
Here's the direct link to the Adobe Labs site. (I haven't actually used this yet) http://labs.adobe.com/wiki/ind... - Brian Johns
Does the Adobe Labs/DNG profiles/ACR/whatever work with Aperture? Or do I have to somehow make a preset with all the correct settings? I don't even know where to start. - Nick Humphries
I'm pretty sure you have to make a preset or something like that. I don't think Aperture handles all the extra Adobe goodies. (Aperture WILL read DNG image files though - that's different from DNG profiles) - Brian Johns
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JA Castillo published photos on Flickr
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Sunday at 7:43 pm - Link
...OK, how do the good photographers shoot in low-light with the 50mm @ f1.8 and the likes and get great shots?! Most of these shots were soft (too far I guess) or noisy. Any advice?! - JA Castillo
*gets notepad* -- Image stabilization? - Shey
Thomas Hawk is the guy you want to comment here. A lot of his stuff is done hand held in low light with fast lenses. One of the tricks I think is to use a camera with low noise at high ISO settings. - Brian Sullivan
Come to think of it -- what is wrong with these shots? Can't notice noise -- but you didn't post full size so it is hard to tell. Were these post processed? - Brian Sullivan
Hard to tell softness with these downsized photos but I think you're pushing the noise envelope at ISO1600 with the 40D. If that's really an issue with you you may want to look into a full-frame body like the 5D. Maybe some camera shake involved with the softness? I see you're shooting at 1/50 but you do need to take the crop factor into account so 1/80 would have been more ideal. - saeba
On the equipment front, a full-frame camera or faster glass would make things easier. Technique-wise, a couple of things might be useful: 1) on a Canon set Custom Fn 4 to 3 (I find that holding * to focus and then hitting the shutter makes it easier to keep the camera steady), 2) make sure that your elbows are tucked in and pulled tight against your body, and 3) make sure that you put focus point directly on peoples' eyes. Other than that, there's not much magic to low light shots. - Jason Chen
1) get a flash, 2) get a camera that handles higher ISO better in terms of noise, or 3) get a Photoshop plug-in that reduces the noise - NoiseNinja is one I've heard of. Since someone mentioned earlier, Thomas Hawk uses a Canon 5D which can successfully take pictures at high a ISO with little to no noise. The majority of Thomas's low light shots are taken with a prime lens at 1600 ISO. The newer cameras are now able to push beyond 1600 ISO without an issue. - Justin Korn
PS. This would have been a great topic for the Photography Tips, Tricks, and Know-How Room... http://friendfeed.com/rooms/ph... - Justin Korn
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Jason Chen posted a link
François Macré - Thriller (reprise a'cappella 64 pistes)
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Sunday at 10:58 pm - via Bookmarklet - Link
"Here is a remake of the "Thriller" song that I've entirely recorded with my own voice, using 64 A'cappella tracks. There is therefore no instrument, synthetizer, beatbox, or even to sampler, but only the sound of my voice livened up with Reverb and slight Chorus on certain tracks." - Jason Chen via Bookmarklet
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Jason Chen posted a link
Top 10 Samples in Hip-Hop History - Part I
Play
Sunday at 10:02 pm - via Bookmarklet - Link
The DJ is a spazz, but hearing the source material for a raft of hits is great. - Jason Chen
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Kevin Fox posted a message on Twitter
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DSLR: Jason Chen posted a link
November 24 at 5:36 pm - via Bookmarklet - Link
"In our inaugural episode, we take a look at the ongoing battle between Nikon and Canon to build the best dSLR in the business. Other topics include prime vs. zoom lenses, and some ways to address getting good white balance in bad light." - Jason Chen via Bookmarklet
New photography podcast from James Duncan Davidson and Dan Benjamin. - Jason Chen
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Jason Chen posted a link
November 14 at 1:53 am - via Bookmarklet - Link
"In the two decades since then, I had been waiting for the end of Wall Street. The outrageous bonuses, the slender returns to shareholders, the never-ending scandals, the bursting of the internet bubble, the crisis following the collapse of Long-Term Capital Management: Over and over again, the big Wall Street investment banks would be, in some narrow way, discredited. Yet they just kept on growing, along with the sums of money that they doled out to 26-year-olds to perform tasks of no obvious social utility. The rebellion by American youth against the money culture never happened. Why bother to overturn your parents’ world when you can buy it, slice it up into tranches, and sell off the pieces?" - Jason Chen via Bookmarklet
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Bret Taylor posted a link
xkcd - Election
November 4 at 11:30 pm - via Bookmarklet - Link
The alt text on this one is awesome too. - Jason Chen
Thanks for pointing out the alt-text. It's funnier than the comic. - Piaw Na
This was already happening on the news last night. Gotta talk about SOMEthing, right? - Josh Haley
Didn't know xkcd had bonus alt text until Jason Chen alerted me in this thread. Thx. - Andrew Meyer
JASON CHEN FROM GIZMODO????? no. i'm soooo let down. - TUFTSMANIA
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Basketball: Rodfather posted a message
“I love NBA League Pass Broadband”
leaguepass4.PNG
November 2 at 5:52 pm - Link
I haven't been able to sign-up for it yet (I have the regular thing...which is supposed to come with Broadband). - Ryne Nelson
Cool! Does League Pass Broadband also cover the play-offs? Also, how onerous are the local market blackout rules? The NBA's website doesn't seem to have the details on that yet: https://account.nba.com/servic... - Jason Chen
league pass should cover the playoffs as far as commentary and analysis go though the playoffs are usually on tnt/espn and network tv - Cee Bee
Ack. It's stuck at 98% on the loading screen now. Anyone else having the same issue? - Rodfather
It's working for me. - Jason Chen
omg this actually appears to work in the UK! - Jon Price
ok, crashing back toward reality... no free preview like on the US site and it's all priced in US$ and oriented around US billing options. and if the demo video is any indication, the video resolution is way too small (although admittedly high quality). - Jon Price
and the US site blocks me from accessing the free trial from the UK. oh wait, I know how to spoof my IP address... take that NBA! I so hate international rights licensing! aren't we a global economy!?! - Jon Price
ugh... my usual IP spoofing solution does not fool the US site. I guess it'll be another year w/o the NBA for me. - Jon Price
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Android: Lindsay Donaghe posted a message
“Does anyone know of an online cheat sheet for how to operate the Android. My manual is at home... Mainly I want to know how to use the copy/paste capabilities...”
October 30 at 9:46 am - Link
Unfortunately, there doesn't seem to be a PDF version of the manual on-line. In lieu of that, here's a bunch of text and typing navigation tips from the manual: http://pastebin.com/f3398f28e. - Jason Chen
I found a PDF version on the T-Mobile site but, sigh, I can't look at it on the G1!! Thanks for that link though, Jason. - Lindsay Donaghe
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Ara Pehlivanian posted a message on Twitter
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Karl Rosaen shared an item on Google Reader
October 29 at 12:05 pm - Link
hmm, no "target disk mode" in the new macbooks, this saved my butt on a couple of occasions - Karl Rosaen
Even though there's no Firewire in the new design, at least it's much easier to pull the hard drive from the machine and pop it into an external drive adapter. - Jason Chen
Actually it was easier in the old MacBook to get to the HD. You literally just slid the thing in and out of its bay. It's the MBP that was a pain in the a**. - saeba
yeah, i don't think this will block me from eventually getting a new gen macbook pro, just slightly less convenient then the firewire cable when you have another macbook handy to recover stuff - Karl Rosaen
The new Macbook Pros do have Firewire btw—only the Macbooks omit them. - Jason Chen
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Karl Rosaen posted a link
Android | Market | Imeem
Android | Market | Imeem
Android | Market | Imeem
October 22 at 2:01 pm - via Bookmarklet - Link
streaming music works over 3G, pretty nice for the car :) - Karl Rosaen via Bookmarklet
Liked—for obvious reasons. - Jason Chen
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Jason Chen posted a link
Bugdroid is now a Noogler
October 20 at 11:06 am - via Bookmarklet - Link
Check out what arrived at work today.... - Jason Chen via Bookmarklet
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Android: scott anderson posted a link
android.drawables
android.drawables
android.drawables
October 4 at 6:33 pm - via Bookmarklet - Link
Fantastic. - Muthu Ramadoss
That's pretty handy. Wonder why it isn't documented by default. - Erica Baker
Note that not all of these drawables are included in the 1.0 platform. You'll want to refer to http://code.google.com/android... when you make the call to Resources.getDrawable(). Most of the referenced images are on the G1, but you can only rely on things in android.R.drawable to exist on all devices running the 1.0 platform. - Jason Chen
Thanks Jason, for the clarification. - Muthu Ramadoss
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Jason Chen posted a link
October 19 at 12:55 pm - via Bookmarklet - Link
"This is the most important, most profound, more powerfully argued 7 minutes of this campaign." - Jason Chen via Bookmarklet
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Android: Jason Chen posted a link
October 15 at 10:42 pm - via Reshare - Link
"In the exciting new category of modern hand-held computers -- devices that fit in your pocket but are used more like a laptop than a traditional phone -- there has so far been only one serious option. But that will all change on Oct. 22, when T-Mobile and Google bring out the G1, the first hand-held computer that's in the same class as Apple's iPhone. The G1 has a smart-touch screen like its iPhone rival, for Web browsing and downloading programs. But it has a physical keyboard for conventional typing. I have been testing the G1 extensively, in multiple cities and in multiple scenarios. In general, I like it and consider it a worthy competitor to the iPhone. Both devices run on fast 3G phone networks and include Wi-Fi. Both have smart-touch interfaces and robust Web browsers. Both have the ability to easily download third-party apps, or programs. But the two devices have different strengths and weaknesses, and are likely to attract different types of users." - Jason Chen
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Jason Chen posted a link
October 15 at 10:40 pm - via Bookmarklet - Link
"In the exciting new category of modern hand-held computers -- devices that fit in your pocket but are used more like a laptop than a traditional phone -- there has so far been only one serious option. But that will all change on Oct. 22, when T-Mobile and Google bring out the G1, the first hand-held computer that's in the same class as Apple's iPhone. The G1 has a smart-touch screen like its iPhone rival, for Web browsing and downloading programs. But it has a physical keyboard for conventional typing. I have been testing the G1 extensively, in multiple cities and in multiple scenarios. In general, I like it and consider it a worthy competitor to the iPhone. Both devices run on fast 3G phone networks and include Wi-Fi. Both have smart-touch interfaces and robust Web browsers. Both have the ability to easily download third-party apps, or programs. But the two devices have different strengths and weaknesses, and are likely to attract different types of users." - Jason Chen via Bookmarklet
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Dan Morrill posted a message on Twitter
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Jason Chen posted a link
October 13 at 8:02 pm - via Bookmarklet - Link
"Treasury Secretary Henry M. Paulson Jr. outlined the plan on Monday to nine of the nation’s leading bankers at an afternoon meeting, officials said, in which he essentially told the participants that they would have to accept government investment for the good of the American financial system. This capital injection plan will use a huge chunk of the money authorized for Troubled Assets Relief Program. Citigroup and JPMorgan Chase were told they would each get $25 billion; Bank of America and Wells Fargo, $20 billion each (plus an additional $5 billion for their recent acquisitions); Goldman Sachs and Morgan Stanley, $10 billion each, with Bank of New York Mellon and State Street each receiving $2 to 3 billion. Wells Fargo will get $5 billion for its acquisition of Wachovia, and Bank of America the same for amount for its purchase of Merrill Lynch." - Jason Chen via Bookmarklet
according to http://thislife.org/Radio_Epis... this is the "stock injection" plan right? according to that show, that was the preferred approach to buying the toxic assets, so I'm glad to hear it - Karl Rosaen
Yeah, this is the stock injection plan. But unlike, say, the UK plan, this was not optional—basically Paulson gave all 9 banks' CEOs an offer they couldn't refuse. On the other hand, existing shareholders aren't diluted in the US plan. - Jason Chen
not enough - Gregory Lent
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Jason Chen posted a link
October 10 at 5:29 pm - via Bookmarklet - Link
"How did this happen? Why are markets reacting so negatively to a near $1 trillion bailout? The short answer is that the Federal Reserve and the Treasury Department have been focusing on the wrong issues. They have been treating falling asset prices—houses, stocks, bonds—as well as the lack of confidence between banks, as the actual issue. This is the wrong approach. Falling asset prices and a lack of confidence are a result of the underlying problem. You don’t cure alcoholism by getting rid of a hangover; you cannot resolve confidence issues by merely cutting rates. The primary problem is that banks are refusing to extend credit to each other. Why? Because they do not understand the liabilities of their counterparties. Translated into English, that means they don’t know if the other bank whom they are dealing with will still to be standing tomorrow." - Jason Chen via Bookmarklet
ha, good luck with that - Gregory Lent
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Jason Chen posted a link
Earth From Above
Earth From Above
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October 6 at 9:41 am - via Bookmarklet - Link
"Photographer Yann Arthus-Bertrand will bring his work back to the United States - to New York City for the first time in 2009. Aiming to inspire people to think globally about sustainable living, Arthus-Bertrand has been photographing unique views of our planet, seen from the sky, since 1994 - and has produced an exhibit of over 150 4-ft. by 6-ft. prints which will be on display in New York City at the World Financial Center Plaza and along the Battery Park City Esplanade from May 1, 2009 to June 28, 2009. When completed in New York City, the Earth From Above exhibit will also move on to California in 2010." - Jason Chen via Bookmarklet
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Fred Wilson posted an entry on A VC
October 3 at 6:13 am - Link
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Jason Chen posted a link
October 2 at 5:37 am - via Bookmarklet - Link
"This is what a credit crisis looks like. It’s not like a stock market crisis, where the scary plunge of stocks is obvious to all. The credit crisis has played out in places most people can’t see. It’s banks refusing to lend to other banks — even though that is one of the most essential functions of the banking system. It’s a loss of confidence in seemingly healthy institutions like Morgan Stanley and Goldman — both of which reported profits even as the pressure was mounting. It is panicked hedge funds pulling out cash. It is frightened investors protecting themselves by buying credit-default swaps — a financial insurance policy against potential bankruptcy — at prices 30 times what they normally would pay. It was this 36-hour period two weeks ago — from the morning of Wednesday, Sept. 17, to the afternoon of Thursday, Sept. 18 — that spooked policy makers by opening fissures in the worldwide financial system." - Jason Chen via Bookmarklet
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Chris White posted a message
“Here are some things I think we should do instead of passing the bailout bill: 1) Raise FDIC to $250K for individual accounts. 2) Re-institute the uptick rule for short selling 3) Make 20% down mandatory for buying real estate and get rid of ARMs, subprime, and other exotic loans.”
September 30 at 7:50 pm - Link
4) Get out of Iraq. 5) Invest in a nuclear and alternative energy Apollo-like mission that would create jobs and eventually provide energy independence. - Chris White
BTW, how lame is our Democratic Congress that they haven't been able to oppose any of Bush's policies? I'd say vote them all out, but who would replace them? - Chris White
chimpanzees? - j1m
tell the banks to stop encouraging people to over extend themselves with all this "credit" ... we were offered a huge ceiling on our mortgage, and yet we were wise enough to not borrow the whole amount. Lots of folks don't think about that and go for it and then crash hard... terribly tragic and soo avoidable - Susan Beebe (Santa Claus)
Reeducation for everyone to get them out of the delusion that housing == the american dream. Before that silly notion is dead, this nonsense will be back within a few years. - Gregor J. Rothfuss
ARMs? Those aren't exotic...and I disagree that we should get rid of interest only loans. Most people that live in the Bay Area wouldn't be able to get a home without one. - Alex Scoble CISSP
There's nothing wrong with most of these loans. The problem is when they are given to people who can't afford them. - Alex Scoble CISSP
" I disagree that we should get rid of interest only loans. Most people that live in the Bay Area wouldn't be able to get a home without one." Wow........ and you think .... wow. So the idea that maybe those people shouldn't actually BE living in the bay area never crossed your mind? - Adam Turetzky
Chris, Great suggestions! - Chris W
6) Eliminate the ability to walk away from a mortgage without declaring bankruptcy. If your loan was fraudulent, you can sue your mortgage broker or real estate agent. - Chris White
Alex, it's the only way to bring prices back to what they should be. These loans are toxic by nature. You should be able to afford a home based on your income, or else wages and house prices have to be adjusted. - Chris White
I don't think the loans need to be banned. Banks just need to tighten up the practices for giving such loans. - Alex Scoble CISSP
Alex, okay that's fine. I just don't want to pay for them, so take all the interest-only, ARM, and whatever other non- 15/30 year fixed rate mortgages out of this bill! - Chris White
it's also true that easy credit terms have pushed up real estate prices. That's partly (though how much, I have no idea) to blame for overheated urban markets. - Nathan Rein
4) Make it illegal to add unrelated political sweeteners to $700 billion bailout bills. - Aviv
wow, actually the democratic congress has gotten a buttload of work done, turning back a lot of damage from the previous 14 years. yes, there's a lot of spineless democrats there, but so many of them represent conservative districts, that they can not afford to be more that centrist. i think people looked at '06 and thought 'mandate' and logically that wasn't the case. but nov. will bring a lot more democrats in 'safer' seats and then the real work can start. - Anika Malone
I would have liked to see the failed banks broken into pieces and then sell them; use the bailout money for in cases where there's no buyers. It is afterall a buyers market now. - imabonehead
Faboo, are we still in Iraq? Are we in an economic crisis with a bigger national debt than ever before? Do we have less privacy from the government? Is impeachment off the table? If this congress was in control during Nixon years, he would have been president for 16 more years before he died. - Chris White
then you clearly don't understand how things work. congress can demand (and have) that troops be withdrawn, but has veto and there's still a lot of kool-aid drinking republicans in congress. the bills that they've passed have seemed (at least to me) to be small subtle steps in allowing a new democratic president to make sweeping changes, yet ties the hands of a republican president who'd continue bush's disasters. - Anika Malone
also consider that there'll be a clear democratic majority in both houses after nov. 4th. right now, there isn't, especially in the senate. the house is only barely a majority, because of the blue dogs. - Anika Malone
Yes, I clearly don't understand why Congress continues to vote to fund the war in Iraq., voted for the FISA bill, and why the speaker said impeachment was off the table. She also voted for this bailout bill. What are the great changes this Congress has made? But I will vote against these people. If they think this so-called centrist non-voting policy is going to get them to stay in Congress, I think they're wrong. I vote issues, not party. - Chris White
Chris, as much as I'm supportive of getting out of Iraq, yanking funding isn't the means to an end. Aside from arguable international security issues that warrant an exit strategy based upon accelerated timeline, the message both domestically and internationally that would be sent if Congress simply denied funding would be extremely embarrassing and degrading to the US. Obama is stuck inheriting a mess, for sure, but lets do something right for a change. - JC unwired
Vietnam was embarrassing to us also. We got over it, but unfortunately didn't learn the lesson. - Chris White
ARM, interest-only and similar 'exotic' loans are necessary, and they aren't the problem (though subprime is just stupid business). Consumer mortgage acceptance needs to be based on more stringent criteria than slipping your SSN through experian (mortgages the past few years were as easy as getting cash from an ATM), and fiscal education and guidance from lending institutions is a must, particularly if we want to maintain "the American dream" without discrimination. - JC unwired
JodyC, why aren't ARM, interest-only, and other exotic loans a problem? I believe we are going to see increasing foreclosures in coming years because of them. Not putting money down allows a buyer to walk away from a house without losing much, which is not true of most investments. ARMs put the buyer at the mercy of interest rates, and incents the government to keep interest rates low. Housing prices need to come down. It's a good thing. - Chris White
Chris, you said it yourself - "You should be able to afford a home based on your income". Not the amount of savings you have. Government adjusts interest rates based on inflation, not on the real estate/mortgage market. - JC unwired
ARM and Interest only property loans were designed for commercial developers and regulated to only be offered to them. Never meant for consumers. The regulations were changed and many warned this was dangerous, the banks said "don't worry, we know what we're doing and we're prepared to take the risks, we'll be careful". And then they weren't and we have just witnessed them loose their bet. And instead of letting them take it on the chin and learn their lesson, we have just given them all their money back. - Adam Turetzky
People should be able to afford a home based on income and a 20% down payment. Otherwise prices should come down. Supply and demand. Interest rates have been lowered artificially for years in a misguided attempt to spur the economy. Mortgage rates are going up as the fed rate is low now because these non-fixed rate mortgages injected so much toxic paper into the system that banks have a much higher lending risk ratio. - Chris White
I second Gregor's comment. - Jess Lee
@Chris - we waited 11 years to save up enough money to get into a home. If we had had to save up 20% PLUS all the closing costs there is no way we'd be in one today and probably not for another 10 years or more. I don't see how people possibly save up 20% unless they have assistance from their family or they are rich to begin with or they are moving into a small house in a not-so-great part of town. - Lindsay Donaghe
@Chris - the problem with what you suggest is that these are measures to put in place once this particular crisis has been resolved. They don't address to the two systemic issues at play now—illiquidity and insolvency. The latter can be addressed by forcing banks to raise equity and stop dividends, a forced debt-equity swap, or an injection of preferred shares by the government. - Jason Chen
The illiquidity of credit derivatives (i.e. the toxic waste) on everyone's balance sheets should be addressed by forcing the shadow banking system to come in the from the cold by moving to a clearinghouse model. If needed, the gov't can then help find a market clearing price for the derivatives by assuming some of the paper in exchange for additional preferred shares and reselling on said clearinghouse. - Jason Chen
Where is the accountability for ourselves? As any responsible person you need to understand what you are getting into. If you got an interest only long and you under the age of 70 you are an idiot, plan and simple there is enough information out there that you and educate yourself before you make the leap into something you don't understand. I actually had someone tell me why should someone read the contract on their mortgage you don't know what is going to happen in the future; I just laughed - Richard Gallo
Jason, I'm cynical about giving this administration any authority to do anything without getting all the terms up-front in writing. They just wanted the "authority" to go to war in Iraq right? Well, they just want the "authority" to spend $700 billion dollars on bad loans. I'm not buying it. Let it crash, and then we'll fix it. Besides, it's going to crash anyway. It just depends whether you want inflation or deflation. - Chris White
If people followed some good rules-of-thumb on their mortgage borrowing, they'd be less likely to get into trouble. Put down as much as you can (10% to 20% would be great) and don't borrow more than what will yield a payment that is no more than 25% of your take-home pay on a 15-year fixed mortgage. Simple! - Dave Roth
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Jason Chen posted a link
October 1 at 7:50 am - via Bookmarklet - Link
I'm going to call it right now—"adequate exposure to the market" is going to become a common refrain on 10-Ks for the next couple of years. - Jason Chen via Bookmarklet
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Jason Chen posted a link
October 1 at 7:38 am - via Bookmarklet - Link
"Suspending FASB 157 amounts to little more than an attempt to hide this broken business model from investors, regulators and the public. Its not just getting through the next few quarters that matters; Rather, its allowing the market place to appropriately reallocate this capital to where it will serve its investors best. That is what free market capitalism is, including Schumpeter's creative destruction. (A WSJ OpEd today get this issue precisely wrong)." - Jason Chen via Bookmarklet
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Jason Chen posted a link
The Steamy Way to Dinner
October 1 at 4:16 am - via Bookmarklet - Link
"Although rice cookers are gaining in popularity in the United States, with a respectable 3 million sold last year, they are still not standard equipment. But American cooks with Asian, Middle Eastern or Caribbean traditions hovering over the kitchen often find them indispensable, and surprisingly adaptable." - Jason Chen via Bookmarklet
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Jason Chen posted a link
Stainless for OS X Leopard
September 30 at 11:54 am - via Bookmarklet - Link
"A multi-process browser for OS X inspired by Google Chrome. First, a disclaimer: At this point, Stainless is really just a technology demo and is likely to stay that way (though we might add some novel ideas we have for bookmark, history and download management)." via http://daringfireball.net - Jason Chen via Bookmarklet
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Jason Chen posted a link
September 29 at 3:27 pm - via Bookmarklet - Link
"And the strains in financial markets – especially short term interbank markets - are becoming more severe in spite of the Fed and other central banks having literally injected about $300 billion of liquidity in the financial system last week alone including massive liquidity lending to Morgan and Goldman. In a solvency crisis and credit crisis that goes well beyond illiquidity no one is lending to counterparties as no one trusts any counterparty (even the safest ones) and everyone is hoarding the liquidity that is injected by central banks. And since this liquidity goes only to banks and major broker dealers the rest of the shadow banking system has not access to this liquidity as the credit transmission mechanisms is blocked." - Jason Chen via Bookmarklet
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