My afternoon train reads:

• The problem with buybacks, Dell edition (Reuters) see also Dell likely to reshape business as private group (
• Holder Cites ‘Egregious’ Conduct by McGraw-Hill, S&P (Bloomberg)
• Friends of Fraud (NYT)
• A Billion-Dollar Club, and Not So Exclusive (NYT)
• The World War I Debts That Wouldn’t Go Away (Echoes)
• When Newspapers Were New, or, How Londoners Got Word of the Plague (The Atlantic)
• One Recession Cost Is Lower Social Security Benefits (Economix) see also Baby Boomers Sicker Than Parents’ Generation, Study Finds (Bloomberg)
• College Is (Still) Worth It (Economix)
• Rove’s Move Into Republican Primaries Enrages Tea Party (Bloomberg)
• ‘The Blackout Bowl,’ or ‘The Most Depressing Super Bowl Column You’ll Read’ (The Nation)

What are you reading?

Six More Weeks of Manufactured Financial Crisis

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.

18 Responses to “10 Tuesday PM Reads”

  1. hue says:

    mushing in the mush: warm weather & Iditarod

  2. farmera1 says:

    Just when things look the bleakest, out of no where comes this news:

    US carbon emissions fall to lowest levels since 1994

  3. willid3 says:

    not really sure that college has the return on investment that it used to have. after all, a big chunk of jobs that college graduates used to get are no more. they have been exported. they haven’t been replaced by robots though. that only happens if companies actually decide they have to bring the work back home . it which Rose the robot will get the call.

  4. farmera1 says:

    And the Debt falls masseively. Just a good news day.


  5. • Holder Cites ‘Egregious’ Conduct by McGraw-Hill, S&P (Bloomberg)

    I suppose, Now, it’s “Rip van “Bag” Holder (?)

  6. willid3 says:

    not sure just how much faith to put in this…considering the source…but the SEC is to tangled up with ties to business that they get very little done
    and nothing at all really gets done to help investors (unless you are a business of course), or protection from fraud, unless its business thats defrauded

  7. Anonymous Jones says:

    Yeah, not much of a shocker to hear that each generation is getting sicker given what the agricultural-industrial complex has done to what is now termed “food.”

    There are many advocates for eating how your grandparents or great-grandparents ate. There’s probably some wisdom in what they’re saying.

  8. @bonzo

    re..previous thread..

    “…About Softberry

    Softberry, Inc. is a leading developer of research oriented software tools for genomic and proteomic research. Among its customers are all five largest agribiotech companies, numerous academic and research institutions, such as JGI, JCVI, Washington University, UC Berkeley, and Cold Spring Harbor Laboratory, and several pharmaceutical and biotech companies. Softberry has about 20 employees and offices in Mount Kisco, NY and Novosibirsk, Russia. Additional information is available at …”


    to your point (@19:27) , ‘We’re’, now, being fed that ‘the Solution’ is a “Cut ‘n Paste” of our DNA, you know, to be able to deal with that which has, already, been done to our Foodstuffs..

    All, in the Face of..

    Which, really, strikes me as curious. These ‘Scientists’ (the GenEngs) come off as heavy believers in Evolution, yet, their ‘Science’ (in it’s current implementation) is predicated upon understanding the Genome as Static..

  9. Francisco Bandres de Abarca says:

    Some good news for Yorkshire (ah, the Dales . . . Swaledale, etc.). The 2014 edition of the Tour de France will be starting off with it’s first two stages there. Hopefully the weather is pleasant, as it would properly accentuate the real beauty of the landscape. (Now, we need only hope that no cyclists get up-ended by errant sheep.)

    Also, you can watch the James Webb Space Telescope being constructed here (via Webb-cam (har har)):

    Oh, wait! I just realized that I am in slight violation by not having ranted about . . . something, anything.

    Eh, there’s more than money.

  10. Francisco Bandres de Abarca says:


    I failed to mention in my previous post a topic which I believe was broached a couple days ago: the lack of a new Blackberry with a QWERTY keyboard. Well, here you go:

  11. eliz says:

    Baby Boomers Sicker Than Parents’ Generation

    Seems like this could be due to an array of reasons:

    More pollutants (in food, air, water, goods)
    More traffic (spend far too much time commuting in cars, buses and trains – and doing errands, etc.)
    More stress – lots of reasons for this (e.g. financial pressures, more competition, more bureaucracies to navigate).
    More hierarchial and inflexible job environments.
    Less hospitable “everything.”
    Less trust. Bolstered by marketing is “everything” – forget authenticity and integrity.
    Fewer “villages” – kind neighborhoods.
    More noise / noise pollution.
    More exposure to violence.

  12. Mike in Nola says:

    My theory on the boomers is that we had more to eat than our parents. Studies generally show that animals that a given skimpier diets live longer.

    My parents grew up during the great depression. My father, who only just passed away at almost age 99, used to tell the story about choking on a spoon of peanut butter he filched from the cupboard because he was so hungry. Hard to believe that type of childhood didn’t toughen them up.

  13. and3togo4 says:

    Baby boomers sicker. See Dr Michael Roizen from Cleveland clinic on Real age. An hour well spent!

  14. rd says:

    RBS paying only $600 million in Libor fines, although at least these fines come out of the bankers’ bonuses, insteado f shareholders’ profits (at least theoretically):

    So when are people getting indicted and sent to jail? We are impacting the financial sector’s ability to buy new Bentleys but that is about it.

  15. rd says:


    Actually the level of pollution has been lower for several decades than what our parents experienced. Thank the Clean Water Act, Clean Air Act, RCRA, and some others. China is now going through what the US went through in the 1940s to 1960s. Also, smoking has dropped dramatically which is equivalent to a major reduction in air pollution by itself.

    However, there have been three major changes for the baby boomer generation:

    1. A major move to offices instead of physically active jobs;
    2. Industrialized agriculture now uses low fiber flour and high fructose corn syrup in nearly everything, so the current diet is heavy on sugar and light on fiber.
    3. The baby boomers were largely raised in suburbs so they drive or are bused everywhere. Walking now has to be a planned activity.

    Make people sit instead of stand, have them drive instead of walk, and have them eat a low fiber, high sugar diet is a recipe for obesity and diabetes. If the older generation had smoked less, the health differences would be even bigger.