My morning reads:

• Wanted: More Fear (MarketBeat) see also Financiers Still Aren’t Rocket Scientists (Science Blogs)
Bartlett: Our Long-Term Fiscal Future Is Better Than It Looks (Economix)
• How to invest in legalized marijuana (MarketWatch)
• Report: Single-Family Rental Demand Is Outstripping Supply (Developments) see also Is a Recession Impossible With Rising Home Prices? (Pragmatic Capitalism)
• Facebook’s False Faces Undermine Its Credibility (NYT)
• Farrell: New bull record in 2013 or crash over a bear cliff? (MarketWatch)
Stimulate this: China’s railway ministry will spend $32 billion by Christmas, even though demand for its services is muted (Quartz)
• 2012 Campaign Elizabeth Warren’s Inadvertent Best Friends: Wall Street and Republicans (Bloomberg Businessweek) see also Elizabeth Warren II: She’s Baaaaaack as a U.S. Senator (Bloomberg)
• The Secret History of the Aeron Chair (Slate)
Pictorial: After the storm: True scale of Sandy’s devastation across Eastern Seaboard emerges as death toll hits 50 and damage set to top $50 billion dollars (Daily Mail)

What are you reading?

 

Looking Past Fiscal Cliff to Fixing Taxes


Source: WSJ

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.

11 Responses to “10 Tuesday AM Reads”

  1. Global Eyes says:

    I started reading The Untold History of the United States by Olilver Stone and Greg Kuznick. It’s about American empire-building. It’s the companion to the upcoming Showtime documentary of the same title.

  2. James Cameron says:

    “Some prosecutors have another incentive: hiding misconduct. Brandon Garrett, who teaches law at the University of Virginia and has written a book, “Convicting the Innocent,” about exonerations, told me that in almost every case, prosecutorial misconduct is involved.”

    A Texas Prosecutor Faces Justice

    http://goo.gl/S7gkA

  3. Bob is still unemployed   says:

    I read an interesting explanation of an apparent contradiction – Why Antarctic sea ice cover has increased under the effects of climate change. I had never before drawn a distinction between sea ice and <ice sheet.

  4. VennData says:

    GOP Lawmaker asks to be paid in gold.

    http://www.politico.com/news/stories/1112/83767.html

    Here’s a clever guy. He thinks the current market price is not going to be the future market price, so he wants the government to handle the trade for him.

    Can I get paid in Index funds?

  5. pintelho says:

    This tax chart would look soo much better if we could see an overlay of GDP growth…just to try and kill the Laffer curve zombie lie.

    We know the economy had some really great growth during the 2nd and 2rd quarter of the 20th century…even though tax rates were sky high.

  6. trainreq says:

    Mr. Ritholtz,

    Should you find yourself in Muskegon, MI., Do go to the Herman Miller museum. Americana at its most interesting. Both inside the museum and in the city itself.

    With a newish culinary institute, Muskegon’s epicurean accommodations are almost certain to be improving. The coffee situation was “notable.”

    One of many good places to visit while enjoying a sailing adventure on the Great Lakes.

    No, I’m not affiliated with the city nor the state.

  7. VennData says:

    Secession petitions flood the White House

    http://www.politico.com/politico44/2012/11/secession-petitions-flood-white-house-website-149291.html

    Dear Secessionist America-haters,

    Maybe we should take you up on your generous offer. We could do a package deal:

    All the Obama states, Blue states – call us what you will, but we have dibs on “The United States of America” since y’all are leaving.

    So that’s California, Hawaii, Oregon, Washington, Minnesota, Wisconsin, Michigan, Illinois and the rest of the Northeast including the recently devastated New York and New Jersey, but hey, that’s just us.

    You get Texas , Oklahoma and all the slave states. We get stem cell research and the best beaches.

    We got Obama, Rahm, and the Clinton’s. You get Todd Akin, Mourdock and we’ll send you Walsh.

    We get the Disneyland & World plus Statue of Liberty. You get OpryLand and The Corn Palace

    We get Apple, Google, Intel, Microsoft and Boeing. You get WorldCom and Enron.

    We’ll keep the defense Industry, You can have the bayonets.

    We get Vegas, Tahoe and you get Branson and the riverboats.

    We get Hollywood, Yosemite, and Maui. You get Flintstone Village.

    We get Harvard, Yale, Stanford, Cal Tech, MIT, Chicago Northwestern the seven Sisters, (you get the idea…) You get, Oral Roberts, Bob Jones University, and Ole’ Miss. and their future Nobel Laureates who vigiled so elegantly on election night

    We get 85 percent of America’s venture capital and entrepreneurs. You get Alabama .

    We get two-thirds of the tax revenue. You get to make the red states pay their fair share.

    Since our aggregate divorce rate is 22 percent lower than the Christian Coalition’s, we get a bunch of happy families. You get a bunch of single moms.

    With the Blue States in hand we will have firm control of 80% of the country’s fresh water, more than 90% of the pineapple and lettuce, 92%of the nation’s fresh fruit, 95% of America’s quality wines (you can serve French wines at state dinners) 90% of all cheese, 90 percent of the high tech industry, most of the US low sulfur coal, all living redwoods, sequoias and condors, You will get to deal with the 88% of all obese Americans and their projected health care costs, 95% of all US mosquitoes, 95% of the tornadoes, most of the hurricanes, all the televangelists and Rush Limbaugh will be allowed to stay in .. NEW YORK CITY! … since that’s how we role, though we’ll get his payroll deductions.

    You should be able to pass the farm bill now, right? Since there’s nothing stopping you from giving Obama a second term in your new nation, right? Go for it. Give those farmers some free markets.

    We’re taking the good weed too. You can have the Moonshine.

    America, Love it, or Leave it.

  8. callotal says:

    looks like Silicon Valley had no disincentives to create Apple, Microsoft, Intel, Cisco back when the top bracket >50%.

  9. Ramstone says:

    Not reading, but keep hearing, answers to the question about who’s right: negative Business Confidence (Oh no, fiscal cliff), or improving Consumer Confidence (yay, we keep deleveraging). Of course, it *must* be the CEOs/CFOs (you know, the guys who buyback stock at nosebleed prices) who are right.

  10. techy says:

    VennData: Looking at that list makes me change my mind, but nevertheless please bear these tantrums since we are all children who refuse to grow up, you can blame our religious schooling for that.

  11. Iamthe50percent says:

    Hey Venn, I think Rahm would be happier in the South and PLEASE don’t make us take Limbaugh! I propose we throw in Arizona if the CSA will take Limbaugh.