Catching up to Chase Daniel’s latest installment of his diary for the New York Times.

His post, which came during the team’s off-week before the Nebraska game, included the following insight into the economy, etc.

Some highlights:

“My project (for Financial Accounting) was a financial analysis of The Washington Post Company. It focused on the company’s cash flow statements, balance sheets, and income statements. As I’ve said before, The Washington Post is a great stock buy, especially because of Warren Buffett’s interest in it.

“My paper for Business Ethics is about whether the drinking age of 21 in the United State should be lowered and if so, to what age? I’m still working on the assignment, but I believe that the drinking age should remain at 21.

“As a business finance major, I followed the Wall Street developments carefully and with great interest. Like anything in life, there’s ups and downs, but over all the stock market has been on an upward trend since its inception. It looks really bad right now, but when we look back at this in two years, I think people will say, ‘We lost a lot money then, but now we’re making a lot of money.’ It’s a great market for short sellers right now and I think is one of the causes of the current problem.”