Some early Sunday morning reading:

• Five years after the last market high, the remarkable recovery still feels nervous (Barron’s)
• Dividend income is hidden value in European stocks (Market Watch)
• Searching for a Speed Limit in High-Frequency Trading (NYT)
• Shale Boom Cuts Gulf Oil Premium to 24-Year Low (Bloomberg)
• Post convention polling update:
…..-Obama Approval Hit 15-Month High During Party Convention (Bloomberg)
…..-The GOP convention negative bounce (Princeton Election Consortium)
• Who Killed Sarcasm? (Slate)
• “We” Don’t Owe $16 Trillion; and You Don’t Owe $50,000 (Corrente Wire)
• Continuing the iPhone Survival Thoughts (More/Real) see also Smartphone? Presto! 2-Way Radio (NYT)
• BMW Never-Too-Old Assembly Insures Against Lost Engineers (Bloomberg)
• How Google Builds Its Maps—and What It Means for the Future of Everything (The Atlantic)

What are you reading?

 

Grid Instability Has Industry Scrambling for Solutions
Click to enlarge:

Source: Spiegel.de

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 Sunday AM Reads”

  1. willid3 says:

    banks trashes house twice.

    http://news.yahoo.com/wells-fargo-mistakenly-cleans-retired-couples-home-twice-192508841–abc-news-topstories.html

    makes one really wonder about the folks at banks and who they hire

  2. Arequipa01 says:

    http://www.digitaljournal.com/article/332384

    a charming story about a woman named Linda Howard, a US State Department official, and how she and her rapist husband enslaved a woman from Yemen; sexual slavery and a spotless kitchen- what’s not to love.

    BTW, her salary is paid (in part*) by the taxes you pay. These people are your neighbors, fellow church members, in your families, you yourselves…good Germans all.

    Think it only happens in faraway places like Tokyo and to the downtrodden dumb enough to be born in places Yemen? Think again.

    “In 2008, Finbar McGarry, a grad student at the University of Vermont, was arrested on gun charges. While he was awaiting trial, his jailers ordered him to work for $0.25 in the jail laundry or be condemned to solitary confinement. He’s now suing for violations of his 13th amendment rights, saying that this amounted to slavery. The case was dismissed but that’s been overturned by a higher court and is steaming forward. If he wins, it will have huge repercussions for America’s jails, where pre-trial prisoners who have not been convicted of any charge are forced into hard labor.”

    http://boingboing.net/2012/08/19/man-forced-to-work-in-jail-lau.html

  3. johnl says:

    Re: the Spiegel chart. Wind and solar can not make up 66% of supply. When it gets to some where between 10 &20% every megawatt built has to be backed up with building an equivalent megawatt of hydroelectric, coal, natgas or nuclear, that is assuming of course that people are not willing to turn off their a/c. and lights when the wind dies down and the sun sets.

  4. DiggidyDan says:

    http://explodingunicorn.blogspot.com/2012/09/hard-work-is-hardly-worth-it.html

    Hard work pays off? (Not especially exemplifying factual rigorousness, but funny nonetheless!)

  5. ConscienceofaConservative says:

    Subprime auto nation

    http://www.theburningplatform.com/?p=40182

  6. Light ‘em if you got ‘em…. The Cigar Shop http://ow.ly/dtJfT

  7. sellstop says:

    What am I reading?
    Just finished “No Easy Day”.
    Closure.
    gh

  8. Jojo says:

    Businessweek
    Student Loans: Debt for Life
    By Peter Coy on September 06, 2012

    This much we know: College pays. You can lose your house to foreclosure, but never your education. Four-year college graduates’ pay advantage over high school grads has doubled over the past 30 years. If money for tuition is tight, the advice goes, borrow what you need. Students have been listening. In 2010 student debt exceeded credit-card debt for the first time. In 2011 it surpassed auto loans. In March, the Consumer Financial Protection Bureau announced that student debt had passed $1 trillion. It grew by $300 billion from the third quarter of 2008 even as other forms of debt shrank by $1.6 trillion, according to a separate tabulation by the Federal Reserve Bank of New York. In a press briefing at the White House in April, Education Secretary Arne Duncan said, “Obviously if you have no debt that’s maybe the best situation, but this is not bad debt to have. In fact, it’s very good debt to have.”

    If student loans are good debt, how do you account for the reaction of Christina Mills, 30, of Minneapolis, when she found out her payment on college and law school loans would be $1,400 a month? “I just went into the car and started sobbing,” says Mills, who works for a nonprofit. “It was more than my paycheck at the time.” Medical student Thomas Smith, 25, of Hamilton, N.J., is $310,000 in debt and is struggling to make ends meet even before beginning to repay his loans. “I don’t even know what I eat,” he says. “I just go to the supermarket and buy the cheapest thing I can and buy as much of it as I can.” Then there’s Michael DiPietro, 25, of Brooklyn, who accumulated about $100,000 in debt while getting a bachelor’s degree in fashion, sculpture, and performance, and spent the next two years waiting tables. He has since landed a fundraising job in the arts but still has no idea how he will pay back all that money. “I’ve come to the conclusion that it’s an obsolete idea that a college education is like your golden ticket,” DiPietro says. “It’s an idea that an older generation holds on to.”

    http://www.businessweek.com/articles/2012-09-06/student-loans-debt-for-life

  9. Jojo says:

    The OTHER election that everyone in the MSM seems to be ignoring – what happens to Congress?
    ————–
    Businessweek
    Politics & Policy
    Forget Mitt Romney. Karl Rove’s Eyes Are on the Senate
    By Sheelah Kolhatkar on September 06, 2012

    As politicians, delegates, and thousands of reporters at the Republican and Democratic conventions obsessed over who will be elected president, a parallel convention of sorts was taking place in hotel dining rooms and private clubs around Tampa and Charlotte. There, party kingmakers met in secret with the wealthy backers who are increasingly driving this election to discuss an equally urgent question: Which party will control the U.S. Senate?

    http://www.businessweek.com/articles/2012-09-06/forget-mitt-romney-dot-karl-roves-eyes-are-on-the-senate

  10. david_12321 says:

    Does the NYSE still only charge a couple hundredths of a penny for every 100-stock order?

    Does anyone else, anyone see a relationship between how much they charge their customers to trade and increased frequency? Add a one-penny tax for each 100-stock order.

  11. JimRino says:

    Germany’s Electric Revolution shows the need NOW to force Exxon’s Rex Tillerson to RESIGN.

  12. JimRino says:

    Remember Tillerson’s insane quote: “Ranchers should adapt to climate change by importing drought resistant cattle from India”. In other words, he’s not going to do a Damn Thing.