Thanks to my sister, I am clean and showered! Here are my afternoon reads:

Obama & Christie: An Unlikely Political Pair, United by a Disaster (NYT)
• Wary of Future, Professionals Leave China in Record Numbers (NYT)
• Why the S&P Is Thrashing Hedge Funds (Barron’s)
• Commuter Delays Rage as NYC Begins Bounce Back From Sandy (Bloomberg) see also New York Subway System Faces Weeks to Recover From Storm (Bloomberg)
• Berkshire May Post Biggest Gain in Book Value Since 2010 (Bloomberg)
• VCs: America risks being “too timid to fail” (Fortune)
• Silicon Valley Employers Go Wild With Lavish Employee Benefits (Forbes)
• Admit economic ignorance (Reuters)
• Analysis Plus Communication (Research Puzzle)
• Apple Shake-Up Signals Tim Cook Era (WSJ) see also Walt Mossberg: Sizing Up the New iPad Mini (WSJ)

What are you reading?

 

EU-zone Unemployment 

Source: Economist

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.

9 Responses to “10 Thursday PM Reads”

  1. VennData says:

    Laker’s start 0-2

    http://scores.espn.go.com/nba/recap?gameId=400277732

    The feel-good story of 2012.

  2. willid3 says:

    the top 1% job creators?

    not

    http://www.nakedcapitalism.com/2012/11/the-rich-create-bubbles-not-jobs.html

    The term “Job Creators” is nothing but a myth, a self-chosen euphemism for “destructive money/wealth extractors”. See Matt Stoller’s graph as a perfect addition to your series. They create profits for them, not jobs for us. Especially not if we’d be able to qualitatively identify and separate decent jobs from Walmart garbage.

    With job creators like these, we are better off without them.

    Indeed.

    How did the bush tax cuts create the real estate bubble?

    The real estate bubble was caused by capital chasing higher return. After all that is the nature of a capitalist system.

    Capital uses all the power it can mobilize to create a system where it is totally unrestrained, has effectively captured or bought off any regulatory constraint, owns the means of propaganda (the so-called free press), and is not subject to the rule of law. This is the so-called free market that we are conditioned to worship as being ordained by God.

    The bush tax cuts are relevant in two ways: 1- They pushed a few trillion more dollars onto the gambling table. After you’ve built your fifth Cowboy Mansion in Jackson Hole, why not throw a few extra million at a hedge fund specializing in 100/1 leveraged real estate derivatives? 2- The ruling class’s success in shifting more of the tax burden to the lower classes signaled “game on” for all the other joys of an unrestrained “free market.”
    Read more at http://www.nakedcapitalism.com/2012/11/the-rich-create-bubbles-

  3. Jojo says:

    Obama & Christie, perfect together! (to riff on that old NJ tourism ad line).

  4. willid3 says:

    when the facts dont support your views, cover up the reports?
    http://www.huffingtonpost.com/2012/11/01/congressional-research-service_n_2059156.html

    seems the GOP doesn’t like the facts that the CRS found when looking at tax rates ?

  5. streeteye says:

    Bloomie makes his pitch for Cabinet secretary of climate change
    http://www.bloomberg.com/news/2012-11-01/a-vote-for-a-president-to-lead-on-climate-change.html

    Asking people who they expect to win is consistently more accurate than asking who they will vote for
    http://www.nytimes.com/2012/11/02/us/politics/a-better-poll-question-to-predict-the-election.html

    Recharging in stores at the power boundary
    http://www.nytimes.com/2012/11/02/nyregion/above-40th-street-the-powerless-go-to-recharge.html

  6. algernon32 says:

    http://www.pennlive.com/midstate/index.ssf/2012/07/utility_linemen_face_long_hour.html
    Lineman know they are badass.
    It still does not hurt to find out what state they have traveled from and shout out thier home states college football team when they finally throw the switch.
    In my case it was a Gator fan shouting “Go Bulldogs!”.

  7. catclub says:

    willid3: I don’t know why the democrats are not insisting it be published. This is the senate, where the democrats have a nominal majority.

  8. Joe says:

    Passed a FEMA semi with 5 sizeable semi portable generators on it headed toward Moffett Field in Northern Ca today. I would expect they are on the East Coast this eve… On something like Sandy, think very hard about local authorities being able to cope anywhere near as well as the Feds.. Republican dogma aside…

  9. mock turtle says:

    heres what im reading…a really scary entry over at “Washington’s Blog”

    where the poster advocates, and references others allegedly left and right , who advocate voting for a third party candidate

    if you are a liberal or even a moderate to slightly leftie…this is a very bad idea

    any voter who votes for a green party candidate or a more liberal candidate because they see obama as too moderate…well…this is what you will get

    voting for a third party candidate has a high potential of causing no candidate to get 270 votes and thus according to the Constitution, failure of any candidate to get a majority in the electoral college, sends the election to the republican controlled house of representatives

    http://www.archives.gov/federa

    also see 12th amendment to the constitution

    heres the link to the article in question

    http://www.washingtonsblog.com/2012/11/voting-for-a-third-party-candidate-is-not-wasting-our-vote.html