My train reading this evening:

• If the ‘ridiculous’ Dow had chosen Apple instead of Cisco (Network World)
Farrell: Hot global real estate: 416 land-grab deals (MarketWatch)
• A Better Billionaire’s List (WSJ) see also In 2010, 93% of income gains went to the top 1% (Washington Post)
• Alan Greenspan Fans the Flames of Class Warfare (Economix)
• Govt. agencies, colleges demand applicants’ Facebook passwords (MSNBC) see also 1 Big Number That Will Burn Facebook Investors (Motley Fool)
• Stevenson and Wolfers: Bernanke Needs A Bounce (Bloomberg) see also A tale of two depressions redux (Vox)
• You Will Never Kill Piracy, and Piracy Will Never Kill You (Forbes)
• By the Book: Jacked: The Outlaw Story of Grand Theft Auto (Game Spot)
• How TED Makes Ideas Smaller (The Atlantic)
• Is the promise of social media for small businesses actually a unicorn? (Techi)

What are you reading?

Source: Reuters

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.

19 Responses to “10 Tuesday PM Reads”

  1. mathman says:

    Looks like NASA lied to us about being the first man on the moon:!

    yeah, i know – my comment needs to be moderated out of existence.

  2. Tim says:

    Farrell’s MarketWatch land grab report is astonishing.


    BR: That’s why its there!

  3. VennData says:

    Madoff, now Stanford…

    The blatent fraud of the last decade has another scalp.

  4. thomas hudson says:

    doug kass looks at the possibilities, and historical precedence, of oil spikes…the next black swan?

  5. thomas hudson says:

    wanna personally track the effects of inflation on your budget?

    there’s an app for that:

  6. rktbrkr says:

    Employer Facebook monitoring could kill the goose thats laying billions of golden eggs.

    Would employers ask to read your mail or listen in on your phone conversations or read your email or your BIG PICTURE POSTS!!!

    we really need a constitutional amendment to guarantee our personal privacy. Police downloading cell phone data during routine traffic stops, cams on every street corner

  7. Moe says:

    Wasn’t it Buzz Aldrin that said; “What happens on the moon, stays on the moon!”

  8. Wexler says:

    I heart TED.

    Found this relevant to recent blog discussions here…

    Abreviated summary…sort of…

  9. Petey Wheatstraw says:


    Watched the whole thing, and that’s rare for me. I don’t know. As for the photographic portions (I have shot a shitload of studio photos), the first, re: the converging shadows, I would think that any reflective/shiny surface, in the absence of atmosphere, would cast a distinct shadow at an angle other than that of the main light (to test this, I’d like to measure the angles of light and/or diffusion at a greater distance from the camera (but I will never have the time or patience). For the second, the documentary would have been helped by overlays of exactly what they were talking about with the window frame and masking.

    I’m going to suspend personal judgement on this, for now (the seed of doubt has been sown), but I will say that I wouldn’t put anything past our government. Like many Americans, I have never been comfortable with the explanation for the Kennedy assassination. That this documentary pulled at that doubt makes me question the film-maker’s motivation for including it.

  10. Petey Wheatstraw says:


    We need to turn the cameras and microphones around. They are not protecting us (and they obviously aren’t enriching us). No privacy for the government. Secrets are lies.

    Strangely, this relates to mathman’s link.

  11. Petey ( y otros),

    if you liked those last Charts (re: other Thread)..

    see some of..

    on the ‘Lightsquared’ imbroglio..
    speaking of “…the cameras and microphones…”, at least, it’s *good to Know that

    ‘The Mighty Wurlitzer, still, works like a Ding-Dong..(yes, h/t Pavlov~)

    but, of course, “…We need to turn the cameras and microphones around. They are not protecting us (and they obviously aren’t enriching us). No privacy for the government. Secrets are lies…”

    If We had ‘half a sack’, We’d be ‘dog-collaring’ ‘them’, much the same way they’re so interested in Us..

  12. RW says:

    Skepticism is a good thing but some judgement as well as knowledge of subject is helpful: as Carl Sagan phrased it, extraordinary claims require extraordinary evidence, and a paltry mishmash of opinion and punk science such as the “we never went to the moon” video doesn’t even come close.

    In fact the video is complete and utter bunk but parts of it sound plausible enough that it takes some knowledge of astronomy, scientific principles and technology to detect the multiple errors (or frauds) of which it is composed.

    A little knowledge can be as bad as none at all when facing pseudo-science so a careful critique such as this at is sometimes necessary to take the sane skeptic through.

    Anyone who found that video credible owes it to themselves to heal the time they wasted watching it.

    NB: The critque at badastronomy also links to sites that debunk specific pieces of “hoax evidence” such as the appearance of non-parallel shadows; e.g.,

    Hint: It’s a simple matter of perspective and you can reproduce it yourself right here on Earth.

  13. Petey Wheatstraw says:


    You are absolutely correct, my friend, we don’t have half a sack.

  14. hdoggy says:

    The problem with Facebook is that it is boring. Either you live in your basement and need it to make friends or live and the real world and hate everyone on facebook.

    I remember thinking of shorting Google at $160. That’s how smart I am.

  15. Petey,

    I, just, wish that more people would realize that Patrick Henry was, merely, staking out the de minimus position..

    “…They tell us, sir, that we are weak — unable to cope with so formidable an adversary. But when shall we be stronger? Will it be the next week, or the next year? Will it be when we are totally disarmed, and when a British guard shall be stationed in every house? Shall we gather strength by irresolution and inaction? Shall we acquire the means of effectual resistance, by lying supinely on our backs, and hugging the delusive phantom of hope, until our enemies shall have bound us hand and foot?

    Sir, we are not weak, if we make a proper use of the means which the God of nature hath placed in our power. Three millions of people, armed in the holy cause of liberty, and in such a country as that which we possess, are invincible by any force which our enemy can send against us. Besides, sir, we shall not fight our battles alone. There is a just God who presides over the destinies of nations, and who will raise up friends to fight our battles for us.

    The battle, sir, is not to the strong alone; it is to the vigilant, the active, the brave. Besides, sir, we have no election. If we were base enough to desire it, it is now too late to retire from the contest. There is no retreat but in submission and slavery! Our chains are forged! Their clanking may be heard on the plains of Boston! The war is inevitable — and let it come! I repeat it, sir, let it come!

    It is in vain, sir, to extenuate the matter. Gentlemen may cry, “Peace! Peace!” — but there is no peace. The war is actually begun! The next gale that sweeps from the north will bring to our ears the clash of resounding arms! Our brethren are already in the field! Why stand we here idle? What is it that gentlemen wish? What would they have? Is life so dear, or peace so sweet, as to be purchased at the price of chains and slavery? Forbid it, Almighty God! I know not what course others may take; but as for me, give me liberty, or give me death!

    Patrick Henry – March 23, 1775

    the hard part of it, just, doesn’t read that way..~

  16. rktbrkr says:

    doug kass looks at the possibilities, and historical precedence, of oil spikes…the next black swan?

    I think Israel is using war talk to hold an oil price black swan over O’bamas head, either he plays ball ahd helps to take out Iran or they make a symbolic attack that really jacks oil prices, puts US back in recession and puts a Repub back in the WH who will be more pliable to take out Iran, Sheldon Adelson will bankroll any R candidate willing to do this. A swan dripping black oil is in the air.

  17. Petey Wheatstraw says:


    I don’t “believe” it, per se, but food for thought is just that. An open mind is important (constant challenge of beliefs id the key to understanding).

    Did a little research on radiation in the Van Allen belt. The problem was not unsurmountable. The video is wrong on a number of fronts:

    I won’t learn anything if I dismiss everything out of hand.

  18. formerlawyer says:

    @Petey Wheatstraw

    I agree, but find that I need to conserve my energy so my resources include:

    to identify cranks, crackpots and delusional theories.

    To gain a better understanding:

    I know the weaknesses of Wikipaedia but it can lead to better links.