My afternoon reading material:
• Sexual Economics, Erotic Capital (Slate)
• Bernanke Doesn’t Rule Out More Bond Buying to Aid Economy (Bloomberg) but see We’re Just Gonna Inflate Our Way Out Of It! (ContraryInvestor)
• China’s Highly Unequal Economy (The Diplomat)
• Four time bombs that will blow up Wall Street (MarketWatch)
• Leonhardt: Union Contracts, Not Pay, Are States’ Problem (NYT)
• Accidental Death Becomes Suicide When Insurers Dodge Payouts (Bloomberg)
• How the Internet gets inside us. (New Yorker)
• 1 million workers. 90 million iPhones. 17 suicides. Who’s to Blame? (Wired)
• The Day the Movies Died (GQ)
• R.E.M.Collapse Into Now: “smart, sonically rich and emotionally resonant” (Stream full album at NPR, full review at Rolling Stone, pre-order at Amazon)
What are you reading?
Category: Financial Press
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.
I am already infatuated with the 4th R.E.M. song on Collapse Into Now: “Oh My Heart”
It seems to be Moustache of Understanding week:
“This is just the start and it never fucking ends” – ‘After reading this gem in the New York Times, we prevailed on Thomas Friedman to provide us with a part two. And here it is.’
http://inanities.org/2011/03/this-is-just-the-start-and-it-never-fucking-ends/
and
“Tom Friedman’s Volcano Wakeup Call”
http://www.tnr.com/blog/jonathan-chait/84059/tom-friedmans-volcano-wakeup-call
homes more affordable. or not?
http://www.deptofnumbers.com/blog/2011/02/wsj-moodys-home-affordability/
were no1 and 3 …in oil
http://www.dailyfinance.com/story/surprising-facts-about-us-and-oil/19862113/
well some on on the other side of the pond finally admitted it. we really do have a good reason to ‘hate’ the banks
http://www.telegraph.co.uk/finance/economics/8355475/Anger-at-the-banks-is-justified-Mervyn-King-says.html
just why haven’t they done that here?
Michael Stipe appears on Late Night with Jimmy Fallon on Thursday.
Two blogs I like* posted on this item from The Telegraph:
Gold rush in the Amazon
http://www.telegraph.co.uk/earth/8284407/Gold-rush-in-the-Amazon.html
*I won’t link to the blogs- they are IKN and Setty’s Notebook. Check them out after reading this one.
the way to put the creators of this mess in prison isn’t as hard some paint it to be? maybe???
or maybe they paint in that way because their overloads tell them to?
http://www.nakedcapitalism.com/2011/03/a-straightforward-criminal-case-against-wall-street-ceos-and-senior-executives.html
will put rem on amazon wish list. peter buck does a lot of guitar work on the decemberists’ new release (the king is dead). my favorite album of 2011 i have bought so far. second cut would fit on nearly any rem album.
maybe they have started holding some on wall street accountable?
http://www.businessinsider.com/rajat-gupta-insider-trading-2011-3
or not
A follow up to the Apple suicides…
What is the normal suicide rate per million people? Some people just like to kill themselves, no?
According to this handy, dandy wikipedia page (http://en.wikipedia.org/wiki/List_of_countries_by_suicide_rate) it says there are 6.6 suicides per 100k people per year in China, or 66 per million. Does this mean that the apple factory is actually a better place then the rest of china?
Watching
http://www.c-span.org/Events/Fed-Chair-Bernanke-Weighs-in-on-Defict-Reduction-Plans/10737419898-1/
Minute 42- 50 are fun. We will never do it again. Every one is Fine, we all made a profit, except you homeowers that litter the American Landscape.
Ah…REM with some Patti Smith – looking forward to that.
BTW, her book “Just Kids” is a pretty good read, it’s taking me back to the artistic world of lower Manhattan in the 60-70′s. (I also read SEC filings, lol)
REM. Too late care. Too much rust to knock off.
I’m sure it’s the “apple” factories… Motorola driod, HTC Evo, Rimm Playbook, samsung galaxy… Plenty of idle time in those factory lines.
REM—losin’ my religion.
the decemberists. my college junior son recently introduced me to them. great band.
I started my Asia day off with some Paul Craig Roberts: http://www.infowars.com/the-perfidy-of-government-evidence-v-denial/
Then for lunch I had: http://www.zerohedge.com/article/how-did-gaddafi-bypass-us-anti-money-laundering-rules-bank-goldman-and-jpmorgan
The above made me pause and think; “Why do I have to make my clients fill out KYC and sub docs again?”
OT: Don’t ask me how I got here. But, I’m digging the Amazon product “reviews” of this $90,000 watch:
http://www.amazon.com/Zenith-96-0529-4035-Tourbillon-Titanium-Chronograph/dp/B001K3IXW8/ref=sr_1_10
Flash Frozen: Weird science from St. Joseph Island, Canada
This is really cool. If you don’t understand why this works then check out the explanations below the video. Why bottled water won’t freeze until it does
http://www.youtube.com/watch?v=O47-QOWRTrk&feature=player_embedded
Also, if I were an engineer I’d be looking for way to use this ‘technology’. Especially the flash boiling that others have talked about in the comments. I’ll bet you could use that somehow for rapid road de-icing
willid3 Says:
well some on on the other side of the pond finally admitted it. we really do have a good reason to ‘hate’ the banks … http://www.telegraph.co.uk/finance/economics/8355475/Anger-at-the-banks-is-justified-Mervyn-King-says.html … just why haven’t they done that here?
They just don’t get it on the other side of the pond.
It wasn’t the banks that destroyed the world economy and permanently lowered living standards for hundreds of millions, if not billions, of people.
It’s all the fault of those greedy teachers. And now they have to be punished and made to pay for it.
“… • Four time bombs that will blow up Wall Street (MarketWatch) ….”
“Revolutions do not evolve in a vacuum…..”
Is there a potential settlement on “forclosuregate”?
http://www.slate.com/id/2287078/pagenum/all/#p2
873450 Says:
March 3rd, 2011 at 8:00 am
willid3 Says:
well some on on the other side of the pond finally admitted it. we really do have a good reason to ‘hate’ the banks … http://www.telegraph.co.uk/finance/economics/8355475/Anger-at-the-banks-is-justified-Mervyn-King-says.html … just why haven’t they done that here?
They just don’t get it on the other side of the pond.
It wasn’t the banks that destroyed the world economy and permanently lowered living standards for hundreds of millions, if not billions, of people.
It’s all the fault of those greedy teachers. And now they have to be punished and made to pay for it.
how silly of me. of course it was the greedy teachers, firemen, police officers. i just forgot. we have to blame the government no matter what.
~~~
BR: Funny, I added that video earlier today!
http://www.ritholtz.com/blog/2011/03/mervyn-king-anger-at-the-banks-is-justified/