It’s the 77th morning of the year. Here are my reads:

• Wealth management as an excuse to sell a high cost “product” (Forbes)
• Facebook and the NSA Should Team Up to Put Data to Good Use (Washington Post) see also The Man Who Tried to Invent the Like Button in the 1930s (Paleo Future)
• Wells Fargo Foreclosure Manual Under Fire (Washington Post)
• New Cash, New Questions for Business Insider (USA Today)

continues here

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.

14 Responses to “10 Tuesday AM Reads”

  1. willid3 says:

    why we think we are in a recession? extremely low wage increases
    http://mobile.nytimes.com/blogs/economix/2014/03/14/people-think-were-in-a-recession-dont-blame-them/

    so they think ‘investors’ are stupid?
    http://www.reuters.com/article/2014/03/17/us-markets-securitisation-idUSBREA2G0TT20140317?feedType=RSS&feedName=PersonalFinance

    or have amnesia ore dementia?
    they must if they think they will invest in loan backed securities again

  2. RW says:

    The “Liberal Media(TM)” doing their job …no, not that, their real job.

    Paul Ryan isn’t the wonk of Washington – it’s time to listen to more good ideas

    The Congressional Progressive Caucus (CPC) released its budget last week. As usual, it was almost completely ignored by the major media outlets. As a result, we know very little about the actual ideas in the budget, but we know a lot about the media. …

    The blackout on covering progressive proposals is effectively telling ambitious politicians that if they want to get ahead, they better move to the right. They will be ignored as long as they push ideas perceived as being on the left, regardless of the merits of the ideas.

    The media are putting a very big thumb on the scale when they decide to ignore the CPC budget and other proposals coming from the left side of the political spectrum. This is not neutral reporting. This is not good economy policymaking.

  3. rd says:

    Re: 6 Ways the World Could End

    Climate Change

    It is important for people to recognize that a large percentage of the worlds land mass is north of the 45th parallel in both the Americas and Eurasia. That is why there is such a difference in the amount of CO2 in the atmosphere on a seasonal basis as the northern grasslands and forests grow in the summer time and use up much more CO2 than the much smaller land mass in the southern hemisphere in the other half ofthe year. Many of these cold northern areas also have fertile soils due to the fresh soils from the recent glaciation but it has historically been too cold to do much farming of them.

    There are a lot of people in northern climes who would not mind some climate change on the warm side. A lot of arable land could open up with longer growing seasons.

    • willid3 says:

      always think we misunderstand what some one means by when the world ends. its not that the Earth will cease to exist. its that the planet in its current form that allows us (aka humans) to exist wont. and that would seem to be a much bigger concern to us (humans that is). but then considering how we seem to be taking this, we wont do any thing until we are absolutely forced to adopt to what the new world looks like.

    • Biffah Bacon says:

      Speaking from Anchorage, Alaska, I wonder who would survive the transition?
      Alaska agriculture is a bit of a joke, supported by state and federal handouts. No topsoil to speak of, inconsistent seasons, and unpredictable weather regimes resulting from whatever climatic shifts we arrive at. Wild game is insufficient for subsistence and marine and anadromous fish are under multi-pronged attack by warming waters, competition for prey species and by prey species, and rising sea levels coupled with decreasing ice coverage threatening long stretches of coast.

      If California goes dry it’s going to get ugly fast.

  4. willid3 says:

    you mean banks and wall street aren’t on our side????

    http://baselinescenario.com/2014/03/17/you-dont-say/

    who would have known?

  5. willid3 says:

    who would have known that allowing unlimited political contributions and allowing many to hide their contributions would end up corrupting an attorney general of a state?????

    who would have ever thought that would ever happen? in modern US?

    http://www.nytimes.com/2014/03/18/us/politics/a-campaign-inquiry-in-utah-is-the-watchdogs-worst-case.html

  6. willid3 says:

    corporate taxes. best companies have ever had in modern times? in spite of what they say? makes one wonder if they dont protest to much?

    http://qz.com/189353/why-corporate-america-has-never-had-it-this-good-in-the-modern-era-of-taxes/

    • Biffah Bacon says:

      Growing illegal pot is not climate friendly. Growing legal pot outdoors could be a net carbon sink, profit center and tax revenue generator. Everyone is watching Washington and Colorado.

      Just more bad effects of government interference with markets and freedom (yuk yuk).

  7. VennData says:

    I am waiting for sons of GOP Congressmen to volunteer to paratrooper into Ukraine to go hand to hand with Spentsnaz…

    Did I miss that on Fox today?

  8. thomas hudson says:

    http://www.policymic.com/articles/85551/watch-as-the-scientist-who-predicted-big-bang-theory-learns-his-research-was-correct

    scientist finally gets confirmation that his breakthrough theory from 30 years ago was correct. the moment is caught on tape.