HangingOnByAThread

IBM and Boeing Bring Work Closer to Home - Bad News for Outsourcing?

Even more scary is the fact that many of these high tech companies outsource software development, and never really know what is written into the code. Testing is done only on requested functionality from a specification perspective. Never know what else may be lurking in the systems that run this software. Systems such as those managing nuclear sites or that manage the national power grid. Something to think about.

Under The Radar News - Tuesday

Re. "Plastic stocks meltdown?", not sure I'd consider plastic stocks a bad bet. I mean, we've bailed out investment banks that made bad decisions, shifted billions of bad debt to the fed, given tax breaks to builder that drove up housing prices, are about to use government backed companies to bail home owners that made bad decisions, all on the backs of the taxpayer and to the detriment of our retirement plans by erosion of the dollar. Surely, with some creative thinking, the government can figure out a way to tranfer this bad debt to the taxpayer as well, giving card holders the ability to charge up more debt using the same "it's good for the economy" philosophy. At these prices, looks like a buy opportunity.