I have lots of reading queued up for the flight back home. These are the latest adds to my Instapaper:

• Technical Analysis: More Reasons for a Cruel Summer (Barron’s)
• Wanted: the next big idea in commodities (FT)
• Meredith Whitney Still Warning on Munis, Muni Market Still Not Listening (MarketBeat)
• The Great Property Bubble of China May Be Popping (WSJ)
• The German Example (NYT)
• Obesity — Not Aging — Balloons Health Care Costs (Miller-McCune)
Bruce Bartlett: What Your Taxes Do (and Don’t) Buy for You (Economix)
• Most Americans Blame Wars For Federal Debt; Few Cite Tax Cuts (TPM)
Tim Hartford: Why Success Always Starts With Failure (boingboing)
• Star Wars Episode V Retold in Iconoscope (Wayne Dorrington)

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.

15 Responses to “Wednesday Early AM Reads”

  1. Sircornflakes says:

    Wednesday?

    You almost fooled me.

  2. Mike in Nola says:

    Hey BR: stay away from the veggies. Whatever they are telling tourists, they still don’t have the E. Coli outbreak sussed.
    http://english.aljazeera.net/news/europe/2011/06/20116892720595960.html

  3. beaufou says:

    Bill Moyers on His Legendary Journalism Career: “Democracy Should Be a Brake on Unbridled Greed and Power”

    http://www.democracynow.org/2011/6/8/bill_moyers_on_his_legendary_journalism

  4. rktbrkr says:

    It was the height of financial irresponsibility for the Bush admin to engineer tax cuts while conducting two off budget wars but then Obama continued the same tax cuts while the wars continue (at a lower scale) with even higher deficits than Team Bush.

    Our elected government (both parties) has abdicated their financial responsibilities, the Fed has engaged in it’s own set of reckless measures and it’s all going to end badly, with a “soft” US default via a hugely devalued currency.

  5. Lariat1 says:

    I have to admit, I’m not reading anything this morning. I’m too busy at Google’s Logo playing guitar. In honor of Les Paul’s 96th birthday, you can strum the logo and record your song. Too cool. Sometimes you just have to goof off!

  6. rktbrkr says:

    Re Mathman,
    Anybody think they’d sent a SWAT team into Scarsdale or Beverly Hills for student loans? It’s only Stockton…

    http://www.youtube.com/watch?v=5extIQ3EXjM

  7. wunsacon says:

    Mike,

    Now that there’s s*** on them, “eat your veggies” becomes an insult, doesn’t it?

    And since Fuckushima will blow radiation for perhaps another year, now you should wash your veggies in Washington State, too.

    http://www.prisonplanet.com/just-can%E2%80%99t-run-seattle-residents-breathing-fukushima-radiation.html

  8. wunsacon says:

    >> flight back home

    Ugh! Barry, pleeease extend your trip. Your imminent return is probably responsible for this bounce.

    Have you been to Lake Como? Santorini? Tanhauser Gate? I hear they’re all lovely this time of year.

  9. formerlawyer says:

    @rktbrkr Says:

    Do you really think, President Obama wanted to extend President Bush’s tax cuts?

    In the current toxic environment, raising taxes (aside from hiding them – usually as regressive “user fees” or levies) is not likely to succeed – no matter how wise a decision it would be in the long run.

    President Obama was held hostage by the Republicans, either President Bush’s tax cuts got extended (for two years only vs the extension sought by them) or else no-one ie. the middle class got a tax-cut. They also held up extending unemployment benefits to get their way. Politics is the art of compromise – so President Obama got what he could get.

    A pox upon both parties is, in my view, an abdication of our electoral responsibility. We need to remember which party/congresspeson dealt with our issues and the country responsibly and reward them with support (read money) and our vote the next time. They may often just be slightly different in their behaviour but that is our problem – we don’t reward innovation or risk-taking by our votes. You could vote for a third party option, but the two-party system is unlikely to change at least in our lifetime.