Some fascinating items to start your Sunday:

• Farrell: Recession, more taxes no matter who wins — Obama or Romney, stock market loses 20% by 2016 (Marketwatch)
• Caught between Euro and Dollar (FT Alphaville)
Cuban: What Business is Wall Street In ?  (Blog Maverick)
• Q-Infinity and Beyond! (Cognitive Concord) see also What the Fed Move Means (WSJ)
• C.E.O.’s and the Pay-’Em-or-Lose-’Em Myth (NYT)
• How American Democracy Became the Property of a Commercial Oligarchy Posted (HuffPo)
• How Paul Ryan Convinced Washington of His Genius (The New Republic)
• The Cloud Factories Power, Pollution and the Internet (NYT) see also The Internet? We Built That (NYT Magazine)
New York Observer: The Cranky Wisdom of Peter Kaplan (The New Republic)
• Quackery is on the rise (New Scientist)

What are you eating for brunch?


Inflation expectations have remained well behaved

Source: Morgan Stanley

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.

10 Responses to “10 Sunday Reads”

  1. streeteye says:

    Volcker: cut interest on excess reserves if you want banks to lend

  2. constantnormal says:

    Paul Farrell is an optimist … in 2008, AAPL dropped about 50%, and many other stocks dropped much more … this time around, economies are not nearly so robust, and no rates left for central bankers to slash … instead we have even more debt (in corporate and governmental circles), and significantly more leverage and risk in the world … if we have the bond markets implode as well, with wave after wave of defaults, marching up the ladder to sovereign debt, then it would seem reasonable for global stock markets to see declines exceeding the 90% drop that Wall Street saw in 1929 …

    The ONLY hope (and I suspect that we are past the point where any action could change things), is that the Congress (Presidents are meaningless flags to rant and rave at, Congress is where all legislation occurs) will wake up, get serious, and start hammering out compromises that act to responsibly spend money, shore up Medicare while they regulate the health care industry (then Medicare can be phased out), restore equable tax policies (from the Kennedy years, if not the Eisenhower years), tinker with Social Security (push out retirement age, lower benefits), remove silly constraints on the Social Security fund managers, allowing them a broader range of investment options, and start whacking our military down to about one-fourth the size that it is today, spread out over a decade.

    So how likely is THAT?

    Better start looking for a working farm to buy a time-share in … no other investments will prove useful in the worst-case scenarios …

  3. DiggidyDan says:

    Interesting long form Sunday read on the Bath Salts cause and effects:

  4. techy says:

    Paul Ryan is a genius, for the crowd who thinks Dubya deserved two terms, Sarah palin, Rush Limbaugh, Michelle Bachman etc all are geniuses.

  5. Orange14 says:

    Mark Cuban’s post is spot on and there ought to be a way to get this before all policy makers!!!

  6. willid3 says:

    about the only real way to eliminate medicare is either eliminate old age, or to eliminate the fee for service health care system we have. as it is, we have the most expensive, least effective one world wide

  7. Greg0658 says:

    “most expensive, least effective”
    ‘the blessed need a curse’ aka ‘kick in the pants’
    entire run this morning
    Dakota Meyer have fun with this 1 life .. I’m sorry I’ve been such a failure /-; .. forgive me .. please

  8. DeDude says:

    Romney has an 85 word plan to fix “too-big-to-fail” and reform the GSEs. It’s has to be a joke, but is it funny considering the man is asking to become President?

    I have an 11 word plan to fix all the worlds problems. “We are going to role up our sleeves and fix it!”

  9. Joe Friday says:

    David Stockman tells Maria Bartiromo that we need to CUT Social Security, CUT Medicare, RAISE TAXES on the Middle-class, ELIMINATE the Corporate income tax, and enact a VAT-type national sales tax.

    What the hell is with these out-of-touch rich guys ?

    * Social Security is self-financed, does not add a penny to the federal debt, and any “cut” would not reduce the federal deficits.

    * Half of Medicare is self-financed, and the only problem with the rest of Medicare is where it is purchasing medical care.

    * The Middle-class did not run-up our current massive federal deficits & debt.

    * Corporate income taxes went from contributing 33% of general revenues down to single digits, and more than two-thirds of corporations pay ZERO taxes. The idea of eliminating the Corporate income tax is CRAZY.

    * The cure for the prior added regressivity of our tax system is NOT even more regressive taxation.