The Power, Money, and a Bunch of Stupid, eh, I meant Clueless People

9:15 am: I woke up, opened Wall Street Journal website to see what happened in this crazy world when I was sleeping, and if I got more spare change in my portfolio. It caugh my eye that Dubai Ports World has decided to divest the US Ports asset it got through P&O deal. Well, most of you know that this is one of the rare issues where I sided with George W. At least I don't need to debate with people anymore about this issue.

To make long story short, I believe in free world financial market, where anyone anywhere can buy and sell all kinds of physical and financial asset freely anytime anywhere. I don't know what to say with my friends from the other side of the world now who has been arguing that American investments in places like SE Asia and Middle East are some of the culprits behind the current conflicts and hardships there. Why should Indonesian government, for instance, give Exxon-Mobil right to manage Cepu Block oil fields, when Pertamina, Indonesian oil company might have hard time if it chooses to pursue contracts running Oil Fields in Alaska.

Hmmmm