Reads from Twitter
This morning, I offer you a different set of links — these were all found on my Twitter feed over the past 24 hours:
• An IPO That Popped, Then Fizzled (WSJ) Interesting look back as TheStreet.com in the age of Linked In
• Insider trading in the House…of Representatives (FT Alphaville)
• Funds Revive Ag Bets as Drought Hurt Crops (Bloomberg)
• Germany to scrap nuclear power by 2022 (FT.com)
• Cheap houses, poor workers (Economist Buttonwood)
• Consumer PC sales growth declines for first time ever: iPad the culprit? (eWallStreeter)
• Giuliani surprise leader in Republican poll (Reuters)
• The Startup Genome Project (Steve Blank)
• Blade Runner Polaroids (Sean Young)
• A Scientist Goes to the Creation Museum So You Don’t Have To (Eveloce)
What are you Tweeting?
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May 30th, 2011 at 9:38 am
Looks like the headline on Google News jumbled a few subheadings together. It reads:
“Palin Rides into DC on a Motorcycle
ABC News – 1 hour ago
The former Alaska governor kicks off her tour on a bike, not in a bus. Investigators are unsure what caused the animal to attack.”
=)
May 30th, 2011 at 1:56 pm
Giuliani? I can’t wait to watch Palin and Giuliani debate each other – the Battle of the Narcissists. It’ll be great for flower sales.
At this point, it looks increasingly like the RNC is deliberately trying to throw the election. So if that’s the case, why not be honest about it, and just save money up for the 2016 race.
May 30th, 2011 at 2:16 pm
The end of poverty: What globalization did that AID could not
Very encouraging read
http://lifeinthekeyofc.waterforlife.ws/index.php/archives/1219
Gas tanks are draining family budgets
http://lifeinthekeyofc.waterforlife.ws/index.php/archives/1217
Ford Model T – 100 Years Later
Given the conditions of the early roads back then this thing was built like a hummer. Fascinating historical look. I almost want to get one myself
http://lifeinthekeyofc.waterforlife.ws/index.php/archives/1215
May 30th, 2011 at 3:18 pm
Someone asking pointed questions about capitalism – British off course.
http://www.guardian.co.uk/commentisfree/cifamerica/2011/may/27/economics-useconomy?CMP=twt_gu
Look what 45% unemployment among the young people can do – Arab spring in a EU country.
http://21stcenturywire.com/2011/05/26/this-spanish-spring-is-the-real-thing/
May 30th, 2011 at 5:15 pm
DeDude,
re: second link..
http://search.yippy.com/search?input-form=clusty-simple&v%3Asources=webplus&v%3Aproject=clusty&query=Spain%27s+Green+Economic+Miracle+Obama+Model
http://search.yippy.com/search?input-form=clusty-simple&v%3Asources=webplus&v%3Aproject=clusty&query=Spain%27s+Green+Economy+Miracle
“David Kreutzer of Heritage has a great item up on The Foundry, on WaPo’s remarkable (it was WaPo!) exposé of the miracle Chinese bullet trains actually leaving a trail of, well, leaving fiscal and other wreckage in their wake. He concludes, “Well, the Chinese finally have a green-energy idea worth stealing: arrest government officials who foist overpriced, underperforming, debt-ballooning, money-losing projects on taxpayers.”
““is ruined, and his high-speed rail project is in trouble. … his ministry has run up $271 billion in debt — roughly five times the level that bankrupted General Motors. But ticket sales can’t cover debt service that will total $27.7 billion in 2011 alone. Safety concerns also are cropping up.
Faced with a financial and public relations disaster, China put the brakes on Liu’s program. On April 13, the government cut bullet-train speeds 30 mph to improve safety, energy efficiency and affordability. The Railway Ministry’s tangled finances are being audited. Construction plans, too, are being reviewed.
Liu’s legacy, in short, is a system that could drain China’s economic resources for years. So much for the grand project that Thomas Friedman of the New York Times likened to a “moon shot” and that President Obama held up as a model for the United States.”
In short, it’s an awful lot like Spain’s wind- and solar program President Obama also longs to impose here…”
http://biggovernment.com/tag/green-economy/
May 30th, 2011 at 6:06 pm
MEH;
I guess Liu was trying to compete with our Wall Street banksters to become the worlds most incompetent CEO. Although at 271 billion in raw debt he didn’t quite make it into the big boys club (come on shortie, try 10 trillion in derivatives if you want to be a member of the platinum club).
Tagging an incompetent Chinese CEO’s performance to Obama’s green energy initiatives would take one heck of a right wing streeeeeetch machine – but I am not surprised that you found a wing nut who would try. Just like you can connect Kevin Bacon to every Holloywood actor, you can connect Obama to every future and previous disaster on earth if that is your game and you don’t mind streeeetching peoples imagination.
May 30th, 2011 at 6:22 pm
MEH,
The suggestion that $ 27.7 billion per year (presuming the worst case scenario, that ticket sales cannot cover ANY of the debt service) “could drain China’s economic resources for years” sort of gives away that the author is living in a right wing lalaland. The Chinese economy is already the second largest in the world and it is growing several fold faster than ours (because they do not allow market inefficiencies to leave millions of people in non-productive unemployment for extended periods of time). I mean 27 billion couldn’t even cover what we waste on Wall Street bonuses every year.
May 30th, 2011 at 8:56 pm
DeD,
see.. “…1.5This explains man’s necessarily painful evolution. Ignorance surrounds him at his cradle; therefore, he regulates his acts according to their first consequences, the only ones that, in his infancy, he can see. It is only after a long time that he learns to take account of the others.**2 Two very different masters teach him this lesson: experience and foresight. Experience teaches efficaciously but brutally. It instructs us in all the effects of an act by making us feel them, and we cannot fail to learn eventually, from having been burned ourselves, that fire burns. I should prefer, in so far as possible, to replace this rude teacher with one more gentle: foresight. For that reason I shall investigate the consequences of several economic phenomena, contrasting those that are seen with those that are not seen.
1. The Broken Window
…”
http://www.econlib.org/library/Bastiat/basEss1.html
Better, the Whole of It…
~~
though, you seem to be by-passing the first Two links, I posted, above..
w/in those Links you’d have seen the Point (thereby, their Primacy..)
towit, “Today’s exhibit about Spain’s economic miracle — you could call it a sector-specific collapse — comes from Bloomberg, a heartbreaking tale of the gravy inevitably running out. It is a tale that, pre-collapse, President Obama expressly sought to emulate and California is still actively pursuing, as is typical for the equally bankrupt California. Obama is now silent about Spain as his model and California claims its law is, er…the “world’s first!”
As happened in Spain, California’s bill is certain to come due long before the preening political class expected. The U.K.’s Global Warming Policy Foundation has a roundup with the top six stories in today’s update being relevant, as well.
So, yes, dear, these “green economy” schemes grow the economy. Of course, then so did Mr. Ponzi’s scheme…”
http://www.globalwarming.org/2010/10/19/spains-green-energy-economy-continues-to-implode/
from the First result of the First link..
http://www.thefreedictionary.com/first (Def. #2)
May 30th, 2011 at 11:58 pm
same thing everyday. “the end of the world is nigh.” “prepare for His arrival.” “repent now, sinner for death is eternal.” “free checking at M&T bank.”
May 31st, 2011 at 8:27 am
Follow Sarah Palin and learn about the charters of liberty!
“…On this tour, when I speak of ‘fundamentally restoring our country,’ that means restoring it to the ideals found in our charters of liberty…”
http://thecaucus.blogs.nytimes.com/2011/05/31/palin-dismisses-the-press-but-they-come-back-for-more/
Why don’t people read the famous charters of liberty more often? Because that’s where you’ll find the OPPOSITE of all this mumbo jumbo the liberals – and the media! – who have ruined America that was originally scrolled by our Founding Families! Stop listening to all those medias, there’s nothing about them in the charters of liberty so why should you care?
Palin 2012
May 31st, 2011 at 10:12 am
MEH;
So this week all evil in CA is due to “Green” last week it was Brown (people), what will the right wing narrative be next week, pink or black?
Maybe if Karl can get all his little right wing ducks in a Rowe it will be the Jews? Oh no I forgot, to the right wingnuts the Jews are important because they serve the purpose of having to die or convert so that these holly sh!ts can go to heaven. Well Karl can always to back to the god old liberals or soc!alist when he tries to explain why a society that has been steering hard right for decades is so hopelessly stalled and stuck in the mud.
Would be so much easier to be a leftist demagog if the left were even half as stupid and gullible as the right. Owning the corporate media would also help.
May 31st, 2011 at 9:00 pm
Why would we need to look at thestreet.com? Just look at the largest one-day opening ever: VA Linux, which was one of those “you need to invest in Linux,” aka th
e Social Media investment of the time.
Peter Thiel, of course, disagrees under the fold in today’s FT.