Some links for today:
• Once the Debt Ceiling Is Hiked, Markets Have to Confront Slower Growth (Barron’s) see also Default a ‘Black Turkey’ as Advisers Tell Investors Not To Sell (Bloomberg)
• How Our Economy Was Overrun by Monsters & What to Do About It (Harvard Business Rev);
• Missing Milton Friedman (The Economist) see also A great divide holds back the relevance of economists (Reuters)
• A Daunting Path to Prosperity (NYT)
• U.S. Contingency Plan Gives Bondholders Priority (Bloomberg) see also Roach Says Chinese Officials ‘Appalled’ by Impasse on Raising Debt Ceiling (Bloomberg)
• Dream Cars You Coveted in High School, but Brand New (WSJ)
• Former Intel Chief: Call Off The Drone War (And Maybe the Whole War on Terror) (Wired)
• John McCain Now Should Probably Talk to John McCain in 2010 (The Rude Pundit)
• 30 All-TIME Best Music Videos (Time)
• A Bad Girl With a Touch of Genius (NYT)
What are you reading?
Category: Financial Press
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Can someone explain to me why corporate profits are so strong when GDP growth has been so weak? Is the current bubble in corporate profit margins?
Re best music videos, I scrolled through the list and did not see one of the great ones of all time – Pointer Sisters doing Jump. Although primitive, given it was made in 1984, it’s a great song and to see all the athletes running, jumping, and slamming (Dr. J and Magic are on near the end). This one is a Classic!!!
@Orange14
It’s Time for Christ’s sake….!
If the Chinese are so angry, why keep buying treasuries?
Latest in a series of presentations emerging from the 2010 Census data.
The State of Metropolitan America: Suburbs and the 2010 Census
July 14, 2011
During a conference exploring the 2010 Census and U.S. suburbs, Alan Berube delivered a presentation on the demographic convergence between cities and suburbs within metropolitan areas. Berube explored the socioeconomic, ethnic, and age-related shifts affecting the country’s suburban areas.
For an index of this and earlier presentations:
http://www.brookings.edu/metro/StateOfMetroAmerica.aspx
When that ‘humorous’ ad ain’t so funny
David St. Hubbins, the lead singer of the classic metal band Spinal Tap, may have been famously addled (not to mention fictional), but he once articulated an immortal truth that’s as relevant to business as it is to rockers releasing albums with controversial covers: There’s a fine line between clever and stupid…..
http://www.theglobeandmail.com/report-on-business/industry-news/marketing/adhocracy/when-that-humorous-ad-aint-so-funny/article2113178/
Time’s 30 All-Time Best Music Videos is also missing Robert Palmer’s “Addicted To Love.”
Apple has more cash than the U.S. Treasury
http://www.latimes.com/business/la-fi-apple-cash-20110730,0,6198166.story
Maybe Uncle Sam can get a loan from Uncle Steve.
http://www.time.com/time/specials/packages/article/0,28804,2085389_2085359_2085376,00.html
YES!! Christopher (the man!) Walken made the cut — Wow Fatboy got 2 videos
Glad to see the musical genius, David Byrne, also made the cut with “Once in a Lifetime”
“Road to Nowhere” is still my favorite though http://www.youtube.com/watch?v=AWtCittJyr0&feature=related
I thought something was missing on the Walken video –like the ending — ?? – almost one full minute
Here’s the Official HD version which TIME probably didn’t/couldn’t use due to the commercial intro
http://www.youtube.com/watch?v=wCDIYvFmgW8
Who Are the Extremists?
http://www.theburningplatform.com/?p=19233
This Country Defaulted Long Ago
http://www.theburningplatform.com/?p=19304