Marcoullier.com

“Congress is about to sell us the biggest fraud in American history,” claims San Mateo attorney Sean Olender in a diatribe aimed at Bush’s economic stimulus package published in yesterday’s Chron. And don’t you know that he’s got something to say about the proposed conforming loan limit increase, too:

In support of the economic stimulus bill, Bush will have to face “working American families” and explain that some of their tax money is going to be spent guaranteeing $730,000 mortgages on $1 million homes. It’s like some sort of upside-down communism where the poor pay the rich welfare. Why should taxes from families earning $48,000 a year be used to support expensive mortgages in New York, Los Angeles and San Francisco? Welfare for the hungry and homeless is evil, but welfare for million-dollar homeowners facing a tough refi … well, that’s called “helping the economy.”

STIMULUS PLAN A SCAM TO BENEFIT THE RICH: Higher loan limits will lead to Fannie Mae, Freddie Mac bailout [SF Gate]

(Length: Hey, Curbed SF wrote it!)

Hiring engineers is wicked tough right now. Anyone worth hiring as an early stage developer has their own dream project. There’s so much money flying around that everyone is convinced they can land some. I don’t think there’s a person at Yahoo who doesn’t own a second laptop for “personal” development.

A little less venture capital could really break some of that entrepreneurial spirit, so I say bring on the downturn! In the meantime, maybe I just need to develop the nerve to say “Your project idea will never work, so let me tell you about mine…”

(Length: 97 words)