<?xml version="1.0" encoding="UTF-8"?><rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
		>
<channel>
	<title>Comments on: Friday Afternoon Linkage</title>
	<atom:link href="http://www.ritholtz.com/blog/2009/07/friday-afternoon-linkage/feed/" rel="self" type="application/rss+xml" />
	<link>http://www.ritholtz.com/blog/2009/07/friday-afternoon-linkage/</link>
	<description>Macro Perspective on the Capital Markets, Economy, Geopolitics, Technology, and Digital Media</description>
	<lastBuildDate>Sat, 21 Nov 2009 14:04:19 -0500</lastBuildDate>
	<generator>http://wordpress.org/?v=2.8.5</generator>
	<sy:updatePeriod>hourly</sy:updatePeriod>
	<sy:updateFrequency>1</sy:updateFrequency>
		<item>
		<title>By: alfred e</title>
		<link>http://www.ritholtz.com/blog/2009/07/friday-afternoon-linkage/comment-page-2/#comment-192469</link>
		<dc:creator>alfred e</dc:creator>
		<pubDate>Sun, 12 Jul 2009 01:15:31 +0000</pubDate>
		<guid isPermaLink="false">http://www.ritholtz.com/blog/?p=31824#comment-192469</guid>
		<description>@MEH:  &quot;Two gunshot wounds to the head suicide.  How does one do that?  

Unless they&#039;re an incredibly bad shot.  

Was he a Marine?  Reminds me of a story during my &quot;days&quot; of a Marine gate guard that put a pistol to his head, pulled the trigger and blew his nose off.</description>
		<content:encoded><![CDATA[<p>@MEH:  &#8220;Two gunshot wounds to the head suicide.  How does one do that?  </p>
<p>Unless they&#8217;re an incredibly bad shot.  </p>
<p>Was he a Marine?  Reminds me of a story during my &#8220;days&#8221; of a Marine gate guard that put a pistol to his head, pulled the trigger and blew his nose off.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Mark E Hoffer</title>
		<link>http://www.ritholtz.com/blog/2009/07/friday-afternoon-linkage/comment-page-2/#comment-192405</link>
		<dc:creator>Mark E Hoffer</dc:creator>
		<pubDate>Sat, 11 Jul 2009 18:03:33 +0000</pubDate>
		<guid isPermaLink="false">http://www.ritholtz.com/blog/?p=31824#comment-192405</guid>
		<description>M in N, 

you mean, like this?: http://clusty.com/search?input-form=clusty-simple&amp;v%3Asources=webplus&amp;query=Barry+Seal+Mena+Arkansas

I never said Anything about &#039;direct flights from Columbia&#039;..

or, like this?: http://clusty.com/search?input-form=clusty-simple&amp;v%3Asources=webplus&amp;query=San+Jose+Mercury+News+CIA+Drug+Trafficking  

which, of course, has, even, less to do with &#039;direct flights from Columbia&#039;..

Mike, 

do you me a favor, the next time you want to talk about &#039;credibility&#039;, come with a real counterpoint, or two, or ten, not some hackneyed &#039;rule of thumb&#039; from Prole School..
ht tp://ww w.thefreedictionary.com/hackneyed</description>
		<content:encoded><![CDATA[<p>M in N, </p>
<p>you mean, like this?: <a href="http://clusty.com/search?input-form=clusty-simple&amp;v%3Asources=webplus&amp;query=Barry+Seal+Mena+Arkansas" rel="nofollow">http://clusty.com/search?input-form=clusty-simple&amp;v%3Asources=webplus&amp;query=Barry+Seal+Mena+Arkansas</a></p>
<p>I never said Anything about &#8216;direct flights from Columbia&#8217;..</p>
<p>or, like this?: <a href="http://clusty.com/search?input-form=clusty-simple&amp;v%3Asources=webplus&amp;query=San+Jose+Mercury+News+CIA+Drug+Trafficking" rel="nofollow">http://clusty.com/search?input-form=clusty-simple&amp;v%3Asources=webplus&amp;query=San+Jose+Mercury+News+CIA+Drug+Trafficking</a>  </p>
<p>which, of course, has, even, less to do with &#8216;direct flights from Columbia&#8217;..</p>
<p>Mike, </p>
<p>do you me a favor, the next time you want to talk about &#8216;credibility&#8217;, come with a real counterpoint, or two, or ten, not some hackneyed &#8216;rule of thumb&#8217; from Prole School..<br />
ht tp://ww w.thefreedictionary.com/hackneyed</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Mike in Nola</title>
		<link>http://www.ritholtz.com/blog/2009/07/friday-afternoon-linkage/comment-page-1/#comment-192310</link>
		<dc:creator>Mike in Nola</dc:creator>
		<pubDate>Sat, 11 Jul 2009 13:31:30 +0000</pubDate>
		<guid isPermaLink="false">http://www.ritholtz.com/blog/?p=31824#comment-192310</guid>
		<description>Bruce: Your description isn&#039;t as provocative :)

But, I think Reich&#039;s description makes explicit what most of the populace doesn&#039;t yet get and what El Erian doesn&#039;t really make clear, i.e., that the borrowing/building/frivolous spending scheme is over, not coming back and that there will have to be a fundamental change in the economy.  While we may be leaner and healthier in time, it may take  years before our politicians and a majority of voters accept that we can&#039;t revive the old model.

In the meantime, there will be plenty of reflation plans from the left and right. I consider the calls for tax cuts the same as those for stimulus plans, it&#039;s just that the recipients are different. 

MEH: you&#039;re not doing your credibility here any good. Do you believe in the drug flights from Columbia directly into Arkansas during the 1990&#039;s?  There enough money from corrupt businessmen around that they don&#039;t need the drug money.</description>
		<content:encoded><![CDATA[<p>Bruce: Your description isn&#8217;t as provocative <img src='http://www.ritholtz.com/blog/wp-includes/images/smilies/icon_smile.gif' alt=':)' class='wp-smiley' /> </p>
<p>But, I think Reich&#8217;s description makes explicit what most of the populace doesn&#8217;t yet get and what El Erian doesn&#8217;t really make clear, i.e., that the borrowing/building/frivolous spending scheme is over, not coming back and that there will have to be a fundamental change in the economy.  While we may be leaner and healthier in time, it may take  years before our politicians and a majority of voters accept that we can&#8217;t revive the old model.</p>
<p>In the meantime, there will be plenty of reflation plans from the left and right. I consider the calls for tax cuts the same as those for stimulus plans, it&#8217;s just that the recipients are different. </p>
<p>MEH: you&#8217;re not doing your credibility here any good. Do you believe in the drug flights from Columbia directly into Arkansas during the 1990&#8217;s?  There enough money from corrupt businessmen around that they don&#8217;t need the drug money.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: mathman</title>
		<link>http://www.ritholtz.com/blog/2009/07/friday-afternoon-linkage/comment-page-1/#comment-192298</link>
		<dc:creator>mathman</dc:creator>
		<pubDate>Sat, 11 Jul 2009 12:54:10 +0000</pubDate>
		<guid isPermaLink="false">http://www.ritholtz.com/blog/?p=31824#comment-192298</guid>
		<description>A lot of students are turning away from college now for two reasons - their parents financial situation has become tenuous and/or &quot;what&#039;s the point when there are no jobs!&quot;  i&#039;ve watched enrollment fall in many of the colleges around here:  Villanova canned all their adjunct faculty, Cabrini has laid off some adjuncts (and those that are left will have increased class sizes to limit the number of classes), and Harcum is on the verge of closing due to low enrollment (of course they&#039;ve been on the edge for years).

down at the bottom of this link:  http://www.trendsresearch.com/journal.html               and

http://www.insidehighered.com/news/2009/05/14/morale</description>
		<content:encoded><![CDATA[<p>A lot of students are turning away from college now for two reasons &#8211; their parents financial situation has become tenuous and/or &#8220;what&#8217;s the point when there are no jobs!&#8221;  i&#8217;ve watched enrollment fall in many of the colleges around here:  Villanova canned all their adjunct faculty, Cabrini has laid off some adjuncts (and those that are left will have increased class sizes to limit the number of classes), and Harcum is on the verge of closing due to low enrollment (of course they&#8217;ve been on the edge for years).</p>
<p>down at the bottom of this link:  <a href="http://www.trendsresearch.com/journal.html" rel="nofollow">http://www.trendsresearch.com/journal.html</a>               and</p>
<p><a href="http://www.insidehighered.com/news/2009/05/14/morale" rel="nofollow">http://www.insidehighered.com/news/2009/05/14/morale</a></p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Bruce in Tn</title>
		<link>http://www.ritholtz.com/blog/2009/07/friday-afternoon-linkage/comment-page-1/#comment-192290</link>
		<dc:creator>Bruce in Tn</dc:creator>
		<pubDate>Sat, 11 Jul 2009 11:38:44 +0000</pubDate>
		<guid isPermaLink="false">http://www.ritholtz.com/blog/?p=31824#comment-192290</guid>
		<description>Mike in NO:

I read the Reich piece...and I gather that he likens recovery to coming back to the exact same spot we were in, not a general uptick in wealth creation, gdp, etc.  I think he&#039;s just written this to be fiesty.  If the whole thing prior to 2007 was primarily due to low interest rates and unsustainable borrowing, then we don&#039;t need it.

Kind of like someone  massively obese that undergoes a gastric bypass.  The lard of excess debt is gone, and the patient may be smaller, but he/she has more energy and is much healthier and productive...</description>
		<content:encoded><![CDATA[<p>Mike in NO:</p>
<p>I read the Reich piece&#8230;and I gather that he likens recovery to coming back to the exact same spot we were in, not a general uptick in wealth creation, gdp, etc.  I think he&#8217;s just written this to be fiesty.  If the whole thing prior to 2007 was primarily due to low interest rates and unsustainable borrowing, then we don&#8217;t need it.</p>
<p>Kind of like someone  massively obese that undergoes a gastric bypass.  The lard of excess debt is gone, and the patient may be smaller, but he/she has more energy and is much healthier and productive&#8230;</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: scm0330</title>
		<link>http://www.ritholtz.com/blog/2009/07/friday-afternoon-linkage/comment-page-1/#comment-192289</link>
		<dc:creator>scm0330</dc:creator>
		<pubDate>Sat, 11 Jul 2009 11:33:48 +0000</pubDate>
		<guid isPermaLink="false">http://www.ritholtz.com/blog/?p=31824#comment-192289</guid>
		<description>F411 
1- for you to claim that the porkulus is &quot;saving or creating 3.5MM jobs&quot; is pure agitrop.  
2- for you to claim that we&#039;re not spending enough on education is also pure agitprop.  i think it&#039;s only due to F411 fatigue that persons here don&#039;t challenge that statement of yours.  it may be true that some inner city facilities are in disrepair; and i&#039;m sure we can both agree that some impoverished rural and/or southern school districts don&#039;t get a fair bite at the funding pie, and that in the south, some of this is due to lingering racist public policy.  but viewed as a whole, the unionized public school colossus is a systemic failure, and it is not due to not spending enough money.  we have never spent so much as now, for such a little return.  more money is not the solution - accountability from educators and adminstrators is.  
3 - i stand amazed that you are basically &quot;one book ahead&quot; of the undergrads you&#039;re going to teach a few weeks, and combined with your lefty doctrinaire view of the world, you&#039;re going to be handing out grades to people.   what a country!</description>
		<content:encoded><![CDATA[<p>F411<br />
1- for you to claim that the porkulus is &#8220;saving or creating 3.5MM jobs&#8221; is pure agitrop.<br />
2- for you to claim that we&#8217;re not spending enough on education is also pure agitprop.  i think it&#8217;s only due to F411 fatigue that persons here don&#8217;t challenge that statement of yours.  it may be true that some inner city facilities are in disrepair; and i&#8217;m sure we can both agree that some impoverished rural and/or southern school districts don&#8217;t get a fair bite at the funding pie, and that in the south, some of this is due to lingering racist public policy.  but viewed as a whole, the unionized public school colossus is a systemic failure, and it is not due to not spending enough money.  we have never spent so much as now, for such a little return.  more money is not the solution &#8211; accountability from educators and adminstrators is.<br />
3 &#8211; i stand amazed that you are basically &#8220;one book ahead&#8221; of the undergrads you&#8217;re going to teach a few weeks, and combined with your lefty doctrinaire view of the world, you&#8217;re going to be handing out grades to people.   what a country!</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Mark E Hoffer</title>
		<link>http://www.ritholtz.com/blog/2009/07/friday-afternoon-linkage/comment-page-1/#comment-192287</link>
		<dc:creator>Mark E Hoffer</dc:creator>
		<pubDate>Sat, 11 Jul 2009 11:18:27 +0000</pubDate>
		<guid isPermaLink="false">http://www.ritholtz.com/blog/?p=31824#comment-192287</guid>
		<description>alfred e, 

see: http://clusty.com/search?input-form=clusty-simple&amp;v%3Asources=webplus&amp;query=CIA+drug+running+funding+Presidential+Elections

a rich, and full, History, of such, to be seen encompassing, both, (D) + (R)-types..</description>
		<content:encoded><![CDATA[<p>alfred e, </p>
<p>see: <a href="http://clusty.com/search?input-form=clusty-simple&amp;v%3Asources=webplus&amp;query=CIA+drug+running+funding+Presidential+Elections" rel="nofollow">http://clusty.com/search?input-form=clusty-simple&amp;v%3Asources=webplus&amp;query=CIA+drug+running+funding+Presidential+Elections</a></p>
<p>a rich, and full, History, of such, to be seen encompassing, both, (D) + (R)-types..</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Mark E Hoffer</title>
		<link>http://www.ritholtz.com/blog/2009/07/friday-afternoon-linkage/comment-page-1/#comment-192286</link>
		<dc:creator>Mark E Hoffer</dc:creator>
		<pubDate>Sat, 11 Jul 2009 11:12:55 +0000</pubDate>
		<guid isPermaLink="false">http://www.ritholtz.com/blog/?p=31824#comment-192286</guid>
		<description>cn, 

see: &quot;It is difficult to get a man to understand something when his job depends on not understanding it.&quot;
Upton Sinclair 
http://www.quotationspage.com/quotes/Upton_Sinclair/

Rupert did you that solid, I was, merely, 2x-checking..</description>
		<content:encoded><![CDATA[<p>cn, </p>
<p>see: &#8220;It is difficult to get a man to understand something when his job depends on not understanding it.&#8221;<br />
Upton Sinclair<br />
<a href="http://www.quotationspage.com/quotes/Upton_Sinclair/" rel="nofollow">http://www.quotationspage.com/quotes/Upton_Sinclair/</a></p>
<p>Rupert did you that solid, I was, merely, 2x-checking..</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: How the Common Man Sees It</title>
		<link>http://www.ritholtz.com/blog/2009/07/friday-afternoon-linkage/comment-page-1/#comment-192279</link>
		<dc:creator>How the Common Man Sees It</dc:creator>
		<pubDate>Sat, 11 Jul 2009 08:19:58 +0000</pubDate>
		<guid isPermaLink="false">http://www.ritholtz.com/blog/?p=31824#comment-192279</guid>
		<description>From the link:

What Does Your Credit-Card Company Know About You?

&lt;i&gt;“Boom, baby!” Santana shouted as he put down the phone. “It’s all about getting inside their heads and understanding what they need to hear,” he told me later. “It really feels great to know I’m helping people in pain.”&lt;/i&gt;

.....while you get your commission for taking the guy for an extra $2,000

How is this any different from a doctor going around and breaking people&#039;s legs and then feeling good about giving them a shot and a cast?

Wow! This and the whole article was quite the stomach turning ordeal. You are our debt slaves but we are here to do you a favor and take one of the five chains off your body....ok we&#039;ll take two off. That makes us friends and we are helping you. Like us and what we are doing in order to like yourself. Better yet love it!

I think the debt slavery industry has now crossed the line and become a cult. Cults often psychologically abuse, confuse and mislead people convincing them that they are doing good for them while taking their life savings and worldly goods away. How is the credit card industry any different from a cult now?</description>
		<content:encoded><![CDATA[<p>From the link:</p>
<p>What Does Your Credit-Card Company Know About You?</p>
<p><i>“Boom, baby!” Santana shouted as he put down the phone. “It’s all about getting inside their heads and understanding what they need to hear,” he told me later. “It really feels great to know I’m helping people in pain.”</i></p>
<p>&#8230;..while you get your commission for taking the guy for an extra $2,000</p>
<p>How is this any different from a doctor going around and breaking people&#8217;s legs and then feeling good about giving them a shot and a cast?</p>
<p>Wow! This and the whole article was quite the stomach turning ordeal. You are our debt slaves but we are here to do you a favor and take one of the five chains off your body&#8230;.ok we&#8217;ll take two off. That makes us friends and we are helping you. Like us and what we are doing in order to like yourself. Better yet love it!</p>
<p>I think the debt slavery industry has now crossed the line and become a cult. Cults often psychologically abuse, confuse and mislead people convincing them that they are doing good for them while taking their life savings and worldly goods away. How is the credit card industry any different from a cult now?</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: alfred e</title>
		<link>http://www.ritholtz.com/blog/2009/07/friday-afternoon-linkage/comment-page-1/#comment-192274</link>
		<dc:creator>alfred e</dc:creator>
		<pubDate>Sat, 11 Jul 2009 05:27:37 +0000</pubDate>
		<guid isPermaLink="false">http://www.ritholtz.com/blog/?p=31824#comment-192274</guid>
		<description>@MEH:  Correct.  Nice to see you back on line.  

&quot;Change you can believe in.&quot;  Well yeah, kind of like Willie&#039;s &quot;I fell your pain&quot;.  

Now all we need to do is learn how CIA drug smuggling gets funneled into presidential elections.  

Most will find that off the wall.  Guess again.  Right MEH?</description>
		<content:encoded><![CDATA[<p>@MEH:  Correct.  Nice to see you back on line.  </p>
<p>&#8220;Change you can believe in.&#8221;  Well yeah, kind of like Willie&#8217;s &#8220;I fell your pain&#8221;.  </p>
<p>Now all we need to do is learn how CIA drug smuggling gets funneled into presidential elections.  </p>
<p>Most will find that off the wall.  Guess again.  Right MEH?</p>
]]></content:encoded>
	</item>
</channel>
</rss>
