Some longer weekend reads:

• Goldman Op-Ed Writer Got $150 for Unsolicited Critique (Bloomberg) see also Making Sure Your Exit Music Is Loud and Clear (NYT)
• This is not your father’s Nasdaq 3,000 (MSN Money)
• A Nervous Uptick in Treasury Yields (Barron’s) see also Fear gauge at 5-year low ‘an optical illusion’ (CNN Money)
• Was Milton Friedman a Closet Keynesian? (Uneasy Money)
• A Forecast for Low Returns, and Advice for Investors (NYT)
• Despite Progress, Euro Crisis Is Far From Over (Spiegel Online)
• When Critics Mattered (Boston Review)
• Losing Deep-Sea Science in the United States (Deep Sea News)
• The NSA Is Building the Country’s Biggest Spy Center (Watch What You Say) (Wired)
• Chess, intelligence and winning arguments (FreakoStats)

What are you reading?
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Banks Help Lift Dow to Near Record

Source: Barron’s

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.

12 Responses to “10 Weekend Reads”

  1. mathman says:

    (if the moderators will allow . . .)

    http://www.tomdispatch.com/post/175515/tomgram%3A_michael_klare%2C_why_high_gas_prices_are_here_to_stay/#more

    http://www.guardian.co.uk/world/2012/mar/16/greece-on-breadline-cashless-currency?newsfeed=true

    http://thinkprogress.org/romm/issue/
    With Blow-Out March Heat Wave, Meteorologist Masters Says ‘This Is Not The Atmosphere I Grew Up With’
    (from article)
    “And in case you think the only extreme weather records being set this year are in the United States, remember, “Brutal Droughts, Worsened By Global Warming, Threaten Food Production Around The World.”

    The really worrisome part is that we’ve only warmed about a degree and a half Fahrenheit in the past century. We are on track to warm five times times that or more this century (see M.I.T. doubles its 2095 warming projection to 10°F — with 866 ppm and Arctic warming of 20°F ).

    In short, we ain’t seen nothing yet!”

    and here is Saturday’s outlook for the U.S.
    http://www.youtube.com/user/dutchsinse

    Now you may not think this has anything to do with the stock market or money-making off of it, but it will have lasting negative effects on both going forward.

  2. LopezTime says:

    I thought you’d appreciate the data crunching behind this:

    labs.chitika.com/ipad/

    As of Sunday morning about 1 out of every 20 iPads viewing the (US) internet was the new 3d generation. I thought their methodology was a genius way to glean unofficial sales data. They claim there will be state by state data available by the 19th.

    Love your blog!

  3. Sechel says:

    Regarding Goldman “Op-Ed Writer Got $150 for Unsolicited Critique”, someone needs to educate the writer re the concept of “materiality”. If this is Goldman fighting back my response would have to be, “is that the best you can do?

  4. Through the Looking Glass says:

    Mathman, The trillion pound gorilla in the room that no one ever talks about or even acknowledges and if we played 20 questions few would get it. Its the population bomb. Too many people fighting for fewer resources. Future looks like this, people especially in 3rd world countries will have 8 children as a solid retirement plan and it will factor over the generations and as we speak. Lack of oil will cause shortages in food supply and so on and on til there is no more oil.

    Maybe the weather is the humane way of controlling the population because studies show that when affluent countries resuscitate dying populations the recipients exuberance and health leads them to making more and more babies. The welfare (stimulus) pulls out when the population is deemed healthy enough yet with the growth in population the resources are soon too few. Thats why aid is a double edge sword. I got this information first hand from a Peace Corps worker that quit when he realized the futility of the projects. Fattening them for slaughter he said or putting them on the radar of neighboring countries as a new threat. The wheel goes round and round but the population will always boom.

  5. Jojo says:

    As a companion to the NSA piece:
    ———-
    CIA Chief: We’ll Spy on You Through Your Dishwasher
    March 15, 2012 |

    More and more personal and household devices are connecting to the internet, from your television to your car navigation systems to your light switches. CIA Director David Petraeus cannot wait to spy on you through them.

    Earlier this month, Petraeus mused about the emergence of an “Internet of Things” — that is, wired devices — at a summit for In-Q-Tel, the CIA’s venture capital firm. “‘Transformational’ is an overused word, but I do believe it properly applies to these technologies,” Petraeus enthused, “particularly to their effect on clandestine tradecraft.”

    All those new online devices are a treasure trove of data if you’re a “person of interest” to the spy community. Once upon a time, spies had to place a bug in your chandelier to hear your conversation. With the rise of the “smart home,” you’d be sending tagged, geolocated data that a spy agency can intercept in real time when you use the lighting app on your phone to adjust your living room’s ambiance.

    ….

    http://www.wired.com/dangerroom/2012/03/petraeus-tv-remote/

  6. Jojo says:

    The coolest house I’ve ever seen!
    ————-
    Glass Home By Santambrogio Milano, Italy

    If you have the funds, architect and glass designer Carlo Santambrogio will design for you almost any indoor or outdoor glass structure you can think of. But it is his Glass Concept Home, located in Milan, which is perhaps his most impressive architectural feat – one which is currently being replicated in Paris, France. A blue-tinged glass cube sits in the middle of a wooded clearing – a location private enough to reasonably place a home that is made almost entirely of 6 to 7 millimeter glass (the material can be specially heated during the winter). “After the client requested it,” says Santambrogio, “I came up with the project idea.” Almost every feature or piece of furniture is made from glass as well, from the dining room table, to the stairs, to the bookcase. In fact, one of the few items not made of glass is the bed. Seems glass is just not comfortable to sleep on, even with a great comforter.

    http://www.forbes.com/pictures/efel45egke/glass-home-by-santambrogio-milano-italy/#gallerycontent

  7. VennData says:

    Mitt Romney continues ‘economic lightweight’ attack in Illinois

    “…After serving pancakes from a metal bin, Mitt Romney told supporters at an American Legion hall that President Obamawas “an economic lightweight” and it was time to replace him with “an economic heavyweight.” “I am,” he said, “and I’ll get that job done…”

    http://www.latimes.com/news/politics/la-pn-romney-moline-economic-lightweight-20120318,0,1549891.story

    Vote like a butterfly
    King of PE
    I’ll repeal Romneycare
    If you vote for me

  8. VennData says:

    If Obama is a Muslim, why does he support gay rights?

    Poll: Obama’s a Muslim to many GOP voters in Alabama, Mississippi

    http://articles.latimes.com/2012/mar/12/news/la-pn-poll-obamas-a-muslim-to-many-gop-voters-in-alabama-mississippi-20120312

    Obama promote gay rights as human rights around the world

    http://articles.cnn.com/2011-12-06/world/world_us-world-gay-rights_1_gay-rights-gay-behavior-transgendered-people?_s=PM:WORLD

    It’s got to be one or the other GOP media Machine, it can’t be both. So come down fair and square GOp media spewers, is he a Muslim, or does he support gay rights?

  9. willid3 says:

    so lower taxes really don’t influence the economy much. and considering that business hires when it needs more works because of demand, not because of low taxes

    i guess we got sold a bill of goods

    http://www.nytimes.com/2012/03/18/business/marginal-tax-rates-and-wishful-thinking-economic-view.html?_r=1&partner=rss&emc=rss

  10. cyaker says:

    Given the juxtaposition of the Deep Sea and Wired articles and the contrasts of where we are spending our money I highly recomend Chalmers Johnson’s “Blowback ” series his predictions are provi g amazingly accurate.

    http://en.wikipedia.org/wiki/Chalmers_Johnson

  11. Jim Hancock says:

    Gonzalo Lira hits on out of the part …really nice post:
    http://gonzalolira.blogspot.com/2012/03/execution-of-lady-jane-grey.html