A quick lesson in elementary economic theory, as it relates to the recent market instability: Gittins succinctly clears up what the central banks have been doing recently, which sounded an awful lot like they were throwing good money after bad.

Guilty as charged.

Happy Birthday, Dad. That’s a big number! It makes me feel just as old when I think “Wow, my dad is that old, and…” =) Also, Happy Birthday to India! Midnight, August 15th, 60 years ago saw the birth of 2 nations, today the three “South Asian” nations of India, Bangladesh (formerly East Pakistan) and Pakistan (formerly West Pakistan). Out of the slowly crumbling British Empire they emerged, and from that day the fall of the remainder of the empire was a mere inevitability. ...

Only in Australia: A man uses Pig Latin as a code language (‘odecay anguagelay’), is convicted when the police decipher it. How dim do you have to be to use pig latin?

A lazy weekend morning; walking around aimlessly and yet intently; a warm summer afternoon, the cricket on the radio; sumptuous brunches, dinners on par with what your mamma made for ya; ignoring the responsibilities and chillin’ with friends; a birthday barbecue stretching well into the night with new & newer friends, the chatter (and drinks) flowing freely. Truly, this is what weekends ought to be made of on a regular basis. ...