Slope of Hope Blog Posts

This is the heart and soul of the web site. Here we have literally tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. You can also click on any category icon to see posts tagged with that particular category.

In Defense of the Pets.Com Sock Puppet

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When people mockingly look back at the Internet bubble, they usually don’t poke fun at Henry Blodget or Mary Meeker or Abby Joseph Cohen. Instead, the icon held up as the symbol of that lunatic period is invariably the Pets.com sock puppet:

So what is it we can say about this little critter? Well, a couple of things spring to mind.

First of all, the company he represented sought to sell specialty products to a large installed consumer base via an online website. Sort of like Amazon, but a more specific audience. The modern-day equivalent would be Chewy.com, which seems to be thriving. So it’s not like the business idea was terrible. (more…)

In Dodd We Trust

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NOTE that has nothing to do with this post: we have SUBSTANTIALLY sped up how fast comments update. Please refresh with a Ctrl-F5 so activate this. OK, on with the post…….

What is it with Texas politicians and the banking industry?

I thought Texans were supposed to be all about cattle and oil. Yet over the decades it seems like they are first in line, shoving themselves even in front of New Yorkers, to provide whatever aid, assistance, and comfort that big banks require. It’s bizarre.

The most famous example, of course, being the Gramm–Leach–Bliley Act in 1999, championed by this genius:

When public “servants” are whoring themselves out to any particular industry, they couch it in the mask of freedom and progress. This was no exception, as Senator Gramm said at the time: (more…)