What I’m Reading: Halloween Edition

Ritholz: we shouldn’t bail out people who are underwater in mortgages because real-estate prices need to fall further.

“The problem with this current rescue plan is that it is designed to “prevent the continued downward spiral of the housing market.” But that is EXACTLY what the housing market needs — overpriced homes that are not selling need to come down in price. We had a normal price increase from 1996-2001, and then a near vertical set of price gains from 2002-06. Any framework for systematically modifying loans that fails to comprehend that is doomed to failure.”

Jessica is 60′s supermodel Twiggy for Halloween:

BlackBerry Bold pricing in Canada drops from $399 to $299 to $199 (now $100 cheaper than American BlackBerry Bold on AT&T).

How long could you last chained to a bedpost with a Velociraptor? (Quiz)

JVC’s Sound Garden Concept Speakers:

Verizon neutered the BlackBerry Storm’s WiFi because it might motivate users not to pay big bucks for Verizon’s data plans. When will they learn that they’ll make more money in the long-term by giving consumers choice?

Conservative publication The Economist endorses Barack Obama:

My uncle Jeff told me about all the young men he knew in Seattle in the 90′s who earned $400,000+/year and were in debt, or spending more than they earned. It was hard to believe. Now there’s a good name for them: HENRYs (High-earners, not rich yet).

The USA goes all protectionist on Deutsche Telekom’s 30% stake in T-Mobile USA.

New BlackBerry Curve 8900 hands-on/review. Verdict: Best BlackBerry EVAR.

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