Wednesday Reads
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?
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March 2nd, 2011 at 5:07 pm
I am already infatuated with the 4th R.E.M. song on Collapse Into Now: “Oh My Heart”
March 2nd, 2011 at 5:19 pm
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
March 2nd, 2011 at 5:26 pm
homes more affordable. or not?
http://www.deptofnumbers.com/blog/2011/02/wsj-moodys-home-affordability/
March 2nd, 2011 at 5:33 pm
were no1 and 3 …in oil
http://www.dailyfinance.com/story/surprising-facts-about-us-and-oil/19862113/
March 2nd, 2011 at 5:36 pm
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?
March 2nd, 2011 at 5:39 pm
Michael Stipe appears on Late Night with Jimmy Fallon on Thursday.
March 2nd, 2011 at 5:41 pm
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.
March 2nd, 2011 at 5:52 pm
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
March 2nd, 2011 at 6:08 pm
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.
March 2nd, 2011 at 6:23 pm
maybe they have started holding some on wall street accountable?
http://www.businessinsider.com/rajat-gupta-insider-trading-2011-3
or not
March 2nd, 2011 at 6:28 pm
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?
March 2nd, 2011 at 6:50 pm
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.
March 2nd, 2011 at 9:11 pm
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)
March 2nd, 2011 at 9:43 pm
REM. Too late care. Too much rust to knock off.
March 2nd, 2011 at 10:36 pm
I’m sure it’s the “apple” factories… Motorola driod, HTC Evo, Rimm Playbook, samsung galaxy… Plenty of idle time in those factory lines.
March 2nd, 2011 at 11:41 pm
REM—losin’ my religion.
the decemberists. my college junior son recently introduced me to them. great band.
March 3rd, 2011 at 12:01 am
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?”
March 3rd, 2011 at 12:35 am
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
March 3rd, 2011 at 1:05 am
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
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.
March 3rd, 2011 at 9:04 am
“… • Four time bombs that will blow up Wall Street (MarketWatch) ….”
“Revolutions do not evolve in a vacuum…..”
March 3rd, 2011 at 10:20 am
Is there a potential settlement on “forclosuregate”?
http://www.slate.com/id/2287078/pagenum/all/#p2
March 3rd, 2011 at 11:33 am
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/