Did I mention its Friday?!

• Solar Power Burns Old Utilities’ Business Models (Daily Beast) see also Challenges Lie Ahead for North American Oil Production (NY Times)
• How The FCC Plans to Save the Internet by Destroying It: An Explainer (Medium)
• If a Bubble Bursts in Palo Alto, Does It Make a Sound? (NY Times) see also Einhorn Has It Wrong (Alpha Baskets)
• Foreclosure errors top rate reported by regulators when they ended their review (WSJ) see also Is Capitalism Driving Itself Out of Business? (Fortune)

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.

16 Responses to “10 Friday AM Reads”

  1. VennData says:

    WHAT was that interviewer from Bloomberg talking about with Warren Buffet? Are you going to exercise your warrants in Heinz? Are you going to “talk to the Wrigley family” about buying the Chicago Cubs? Uhh… that was three owners ago.

    Becky Quick wasn’t any better with her Joe Kernan like waste of half her time asking about Coke’s greedy stock scheme.

    Warren, stop talking to the cute bimbos and get people who know something.

  2. VennData says:

    Boehner theatrically mocked his fellow Republican Congressmen for being afraid to reform immigration

    “Here’s the attitude. Ohhhh. Don’t make me do this. Ohhhh. This is too hard,’ Boehner whined before a luncheon crowd at Brown’s Run County Club in Madison Township. ‘We get elected to make choices. We get elected to solve problems and it’s remarkable to me how many of my colleagues just don’t want to.”

    http://www.cincinnati.com/story/news/politics/2014/04/24/boehner-mocks-colleagues-immigration-reform/8101699/

    Boehner needs to understand. the GOP has y have to appeal to their Clive Bunker base.

  3. RW says:

    The ACA/Obamacare is a cobbled together mess because political compromise and special interest lobbies made it thus but it’s a game changer regardless so, whether it gets fixed or not, it’s not going away. Analyze and invest accordingly.

    One Million More People Are Eligible for the Exchanges Every Month

    Under the law, people who face a “life event” become eligible for insurance in the exchange. Life events include job loss, divorce, death in the family, and the birth of a new child. Every month roughly four million people leave their jobs. If just one in five of these people go from a job with insurance to either being unemployed or a job without insurance, it would mean another 800,000 people are becoming eligible for the exchanges every month for this reason alone.

    • Robert M says:

      This is currently what I do for a living. I work in a state where they chose not to expand Medicaid. I thank you for spreading the word on the ability to use the exchanges. The data I want to see is after the 2015 open enrollment period is the number of people who lose their jobs and healthcare, are unable to enroll until the open enrollment period-ususally the 1st of the year, take the exchange plan and THEN find that the company has changed their health plan such that it is not as good as the plans available on the marketplace.

      • willid3 says:

        i thought the all insurance plans had to be as good as those on the exchanges? maybe the few grandfathered ones might not be i suppose. but then if the company makes any change to them, they aren’t grand fathered any more are they? but then companies change their plans usually at least once a year, and many have decided they dont want to offer it any more because it cost too much. course they usually dot do that for the executive version. or their pensions either

  4. VennData says:

    McAuliffe signs East Sea bill that pitted Korean Americans against Japan

    “…Americans typically don’t begin to appreciate the intensity of mistrust and plain contempt between East Asian nations…”

    http://www.washingtonpost.com/local/virginia-politics/mcauliffe-signs-east-sea-bill-that-pitted-korean-americans-against-japan/2014/04/02/891af00c-bab0-11e3-9a05-c739f29ccb08_story.html

    LOL! Yes “we” do. We exploit them!

    Now, Clive bunker and the Fox news Sodden morons who complain about their lax Social Security payments and Medicare co-pays and want to shut down government might not but “we” do.

  5. hue says:

    How Keystone XL soured the ‘special relationship’ between Stephen Harper and Barack Obama (National Post) Also must see Jeremy Grantham on Charlie Rose discussing XL, investments, etc. BR posted the interview here, but the CR show has changed all the links.

    High school students are all about computers but get little instruction in computer science (WaPo) Raising another generation of tech consumers, not producers or job creators, well the handful of jobs for each billion dollar biz, Instagram, WhatsApp.

    This is What Happens When You Fly a Drone Through a Fireworks Show (Twisted Sifter) Watch This 400-Foot-Tall Gas Tank Become an Insane Light Show (Wired) there was a 400-foot tower filled with oil & gas?

  6. Robert M says:

    As fans of big visual data you may want to look here. Bloomberg retains this info for a period of time based on the index.
    http://www.bloomberg.com/visual-data/
    Currently I am wtching to see if and when we address this issue;http://www.bloomberg.com/visual-data/best-and-worst/biggest-infrastructure-need-states

  7. willid3 says:

    ways to to fight income inequality. most seem to be not to fight it at all. but thats just me

    http://qz.com/201695/ten-ways-to-fight-inequality-without-pikettys-wealth-tax/

    course the last one on the list seems to be the one that historically has happened. but no one really likes

  8. willid3 says:

    maybe income inequality that has been in the new is actually understated?

    http://www.nakedcapitalism.com/2014/04/piketty-wealth-gap-wakeup.html

  9. VennData says:

    The Fortune article that everything will be produced in a pure commodity form misses a key point. Branded marketing.

    People will buy what they know, trust, are presented in a compelling manner. That is where your margin resides, almost always. It’s all about marketing.

  10. rd says:

    Eventually wealth and income inequality can shut an economic system down:

    http://abcnews.go.com/Travel/wireStory/sherpas-struggle-climbing-season-disarray-23467719

    One of the most unequal wealth and income systems on the planet is climbing Mount Everest. A portion of the Sherpas risk their lifes above Base Camp to set up the tourist climbers for their summit attempts. As we saw over the past week, this is extremely dangerous. They do this for little pay compared to the wealth fo the climbers, although their pay is significantly higher than the very poor national average of Nepal.

    The technically skilled Sherpas who do the hard work on the ice and rock of the summit have effectively been going on strike due to poor working conditions and pay and lack of adequate insurance for their families. The incremental costs of meeting their demands are small compared to the resources available to the tourist climbers. At some point, the discrepancies can mount to the point that the poor simply say “Enough!” and quit. Oddly enough, the group that usually says “Enough!” is not the wealthy who are constantly threatening to stop working if their tax rates are increased. Instead it is the poor who really need the money who finally call it quits leaving the qealthy without their work force (and occasionally without their heads).

  11. willid3 says:

    on that ceo pay http://buzz.money.cnn.com/2014/04/24/ceo-pay/ story

    why is it that only ceo’s seem to get stock options, if its good for them, why dont they do the same for all of the other employees? might be worth considering to treat it the same way as we tend to treat high income employees in 401ks.

    course it does seem sort of short sighted, since they really dont pay for the stock that ‘give’ the executives. and being able to take it off corporate taxes for some thing that cost them nothing seems wrong