My morning reads:

• Signs that bond market finally has topped (Market Watch)
• Why I Agonize About The Zero Bound (Tim Duy’s Fed Watch) see also Fighting Recession the Icelandic Way (Bloomberg)
• Bair Details Inside Story of Regulatory Clash Over Basel III (American Banker)
• Beyond Wall St., Curbs on High-Speed Trades Proceed (NYT)
see also SEC Looks for the ‘Kill Switches’ (WSJ)
• The “Rule of 20″ Equity Valuation Method (News To Use)
• More on That Housing “Recovery” (Pragmatic Capital) but see Housing deal of a lifetime (Scott Grannis)
• Hey, Big Saver! (NYT)
• Why Your Brain Is Irrational about Obama and Romney (Scientific American) see also Jude Wanniski’s Electoral Model Points To An Obama Landslide (Forbes)
• The RIM video that will make you squirm (Fortune)
• Help measure the world: 9.26 through 10.2.2012 (Human Face Of Big Data)

What are you reading?
Durable Goods Orders Tank

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.

19 Responses to “10 Thursday AM Reads”

  1. AHodge says:

    in addition to Forbes channeling Jude Wanniski
    thinking Romney is pathetic

    I read the right wing press headlines as I walk to work
    Now the headlines are like
    Red State Income Growth Higher
    CEOs depressed
    No mention of Obama even of ROMNEY today
    This campaign is over and the Republicans have been violated
    Somewhat like Stuart Stevens intent
    That’s STUART STEVENS Romneys Campaign manager
    Whos announced attack ad goal in 2000 was making the Democrats
    QUOTE Squeal like Ned Beatty in Deliverance UNQUOTE

    Obama hasn’t even warmed up with the good stuff
    Romney and his family the draft and military service dodgers and pacifists and other Mormon stuff
    And more on the outsourcing, Romney the China lover, videos throwing bunches of dollar bills in the air offshore accounts and tax dodging
    they will likely play some Ronald Reagan quotes on that

    I knew Jude Wanniski
    he came to my 29 year old Treasury “retirement” party
    what a jerk

  2. AHodge says:

    the tax riff goes something like this
    he paid 13% on a few million per year but made $102 million with undervalued assets stuffed into his IRA
    and how much interest on all those offshore accounts
    that all get counted? lets see total dollar income( not adjusted gorss ) and outflow?
    lets see that list again.
    Or did some get counted only after UBS, under duress, turned him in?

  3. Mike in Nola says:

    Talk about videos that make you squirm. He’s even embarrassing republicans.

  4. Moss says:

    Can’t blame Mitt for exploiting his privileged situation. I read somewhere that he actually pays more in fees and such then he did in taxes. No wonder he wants to get rid of the whole darn Estate Tax.

  5. Arequipa01 says:

    Perhaps as a companion read to the article on Bair and Basel:

    “U.S. Implementation of the Basel Capital Regulatory Framework” from the Congressional Research Service

  6. PeterR says:

    Q2 growth revised downward sharply:

    “Bacon shortage overblown” per formerlawyer is good news!

  7. PeterR says:

    Ditto to Mike in Nola. Reminds one Robert Reich’s quip about Romney the Automaton.

    Sincerely yours,

    HAL (2001- A Space Odyssey)

  8. denim says:

    “• Why Your Brain Is Irrational about Obama and Romney (Scientific American)”
    Irrational? Or just differing means of decision making?
    Many of us tend to be pattern recognition thinkers rather than step by step logical thinkers. One reason for that is that survival favors quick high probability decisions whereas a logical thinker may already be a predator’s meal. We tend to store our successful past patterns. So a near match is good enough. And one can be both kinds of thinkers in succession.

  9. I enjoyed Hey, Big Saver. Good Find, BR

  10. willid3 says:

    using the 1930s to show why doing any thing is bad?

    maybe they should go back one depression. to the one from 1873. the one that lasted up to about 1896. where we did nothing to see how doing nothing works

  11. formerlawyer says:

    I was interested in the Forhe’s article and open to pursuasion until I came across this line ” the capable Paul Ryan on board.” I lost interest right then. Pity.

  12. ConscienceofaConservative says:

    I-PHONES eating into consume spending on dining, clothes and leisure..

  13. Mike in Nola says:


    I think the reference to Ryan was that he’s a capable campaigner, which he certainly is; he’s very good at fooling the rubes into voting for the interests of the rich. Still remember the statement of an 80 year-old woman entirely dependent on SS and Medicare the health care debate: “I don’t want government controlling my health care.”

  14. GeorgeBurnsWasRight says:

    re: QOTD

    One could argue that not just science, but almost all human progress, is dependent upon those funerals.

  15. formerlawyer says:

    @Mike in Nola Says:

    Okay, I can buy that interpretation. BTW have you seen President Obama’s new television ad?