heheh — I don’t know if Scott Adams reads The Big Picture, but he certainly is keeping up with some of our favorite themes:
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Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data, ability to repeat discredited memes, and lack of respect for scientific knowledge. Also, be sure to create straw men and argue against things I have neither said nor even implied. Any irrelevancies you can mention will also be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.
"Overall household indebtedness is up from $7 trillion to almost $10 trillion since 2000. On this sum, we estimate, the American consumer has an annual interest bill of more than $500 billion; a sum, by the way, that vastly exceeds his current income growth." —Kurt Richebacher
Knowing that the vote over the weekend in Greece was really a referendum on Euro membership, a majority of the Greek Parliament said yes to staying. European Finance Ministers meet again on Wednesday to solidify the 2nd bailout package for Greece at the same time hopefully a deal is consummated between Greece and its creditors this week. The Greek 14.5b euro bond that matures on March 20th is up by 2 pts. The optimism that all will be completed and contained AGAIN to Greece has yields lower in Portugal, Spain and Italy. The iTraxx Financial Index is also narrower by...
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June 15th, 2009 at 8:55 am
In Barron’s famous issue, the original “Are you Rich Yet?” they had four levels of wealth. The cut off number weren’t picked out of a hat, but had logical reasoning behind. The logic determining the highest wealth level was “If you could pay yourself anything you wanted… How much would that be?” Which they answered as “How much do Fortune 500 CEOs pay themselves.” And that was the number they used.
June 15th, 2009 at 8:58 am
too funny
June 15th, 2009 at 9:37 am
sounds about right. but there isn’t enough groveling.
June 15th, 2009 at 3:50 pm
[...] Executive compensation committees [cartoon] The Big Picture [...]