Gongol.com Archives: May 2010
Brian Gongol

May 11, 2010

Business and Finance Notes from the 2010 Berkshire Hathaway annual shareholders' meeting
Warren Buffett and Charlie Munger share a great deal of valuable common-sense but contrarian advice at their annual Q&A session. Recommended reading, even for those who aren't Berkshire shareholders, or even knowledgeable investors.

Business and Finance Why it's more likely the US government will default on debt than inflate the way out of it
Given that a major share (by some metrics, a majority) of Federal debt is held outside the United States, the political pressure against inflation may be greater than the pressure against default. This fact makes it possible -- perhaps even likely -- that we could lose our AAA debt rating, which in turn will force us to pay higher interest rates on our debt, which in turn causes the debt to grow faster than before, which in turn makes it even more likely that default could occur.

Weather and Disasters Tom Skilling sees tornadogenesis up-close
Skilling is the well-known meteorologist at WGN-TV in Chicago; outside the Weather Channel, his is probably the most significant television weather forecast in the country, since the weather in the Midwest is the most variable (and economically significant) in the country

News Big Ten Conference invites Big 12 schools to make the switch

Water News How much of a chemical is safe in your drinking water?
The EPA is struggling with an internal dispute over the matter