Some morning reads to start off hump day:

• Rigging CEO Pay (Bloomberg View)
• This Google Motherboard Means Trouble for Intel (Wired) see also Google is the weapon of choice in the cloud (WSJ)
• The Citigroup Clique (Politico)
• IMF: Russia Is Already In Recession (Business Insider) see also Russian Stocks: White House Press Secretary Says Sell; Morgan Stanley Says Buy (Wall Street on Parade)
• Our fragile economy of stock bubbles and luxury goods (Al Jazeera America)
• What is right with modernity? (Noahpinion)
• How Smaller Government Is Hitting Payrolls in Parts of U.S. (Real Time Economics)
• How to tell if any of your accounts have been hacked (BGR) see also These Sites Tell Which Of Your Accounts Have Been Hacked (Forbes)
• How Far Fitness Has Fallen (Outside Online)
• Pat Riley’s ‘Three-Peat’ Payday Hinges on LeBron Winning Again (Bloomberg)

What are you reading?

 

 

The Top 1 Percent Is Very Male and Very White

Source: Vox

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.

12 Responses to “10 MidWeek AM Reads”

  1. VennData says:

    Impeachment update:

    Obama changed my health insurers lifetime caps!!!

    …well, they got better.

  2. hue says:

    On umbrellas causing rain (The Economist) NOAH SMITH writes on a bit of macroeconomic rebellion that refuses to go away: the view that low interest rates cause low inflation

    Kareem Abdul-Jabbar: Welcome to the Finger-Wagging Olympics (Time)

    This is a perfect example of why scientists don’t vote Republican (The Week) 6 percent of scientists are Republicans

  3. S Brennan says:

    While I’m told to clap harder for the foreign policy of “eternal war” by the Bush/Obama administration…I have qualms…

    WARNING: Article below contains thoughts not allowed in mainstream media and may offend younger, or more sensitive viewers.
    =======================================================
    Obama’s ‘strategy’ against ‘pariah’ Russia
    By Pepe Escobar
    http://www.atimes.com/atimes/Central_Asia/CEN-01-290414.html

  4. VennData says:

    The GOP tells you to hate the IMF. Yeah… Riiight.

    http://blog.heritage.org/2014/03/22/ted-cruz-leads-gops-fight-imf-expansion-ukraine-aid-package/

    Yet, they have the data that shows Putin’s big Olympics didn’t have a permanent Marxist multiplier economically. Really? Empty sports stadiums and luge tracks don’t generate big returns? Really?

    http://www.businessinsider.com/imf-russia-is-already-in-recession-2014-4

    Here are the aircraft deployments Obama coaxed out if our allies (ZH ALERT! PUTIN WILL WIN!!!)

    http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2014/04-overflow/20140429_NATO1.jpg

    Think Obama sent our Virginia class subs to Honolulu? To quote a famous grunge rocker, “I don’t think so.”

    http://www.csp.navy.mil

    Syria? Not really going Vlad’s way either.

    http://nationalinterest.org/blog/the-buzz/aleppo-syrias-stalingrad-10320

    And a brand new Navy base lost by Reagan/Bush is back on line in the Philippines…

    http://www.washingtonpost.com/world/obama-cites-legacy-of-us-philippines-cooperation-as-he-concludes-asia-trip/2014/04/28/0f474068-cf4c-11e3-937f-d3026234b51c_story.html

    So you can be a Clive Bunker patriot who hates the Federal government or you can join us in the real world and tell your Congressperson to vote for Obama’s infrastructure bill.

    http://www.chicagotribune.com/news/politics/sns-rt-us-usa-transportation-legislation-20140429,0,7923013.story

    Anyone who doesn’t admit the GOP is in denial is off their mobile wheelchair.

  5. VennData says:

    Georgia governor signs law to drug test some welfare recipients

    http://www.reuters.com/article/2014/04/29/us-usa-drugs-georgia-idUSBREA3S1AV20140429

    Every government contractor, every employee. In fact test them for any wasteful spending they might do.

  6. VennData says:

    House passes bipartisan fix to health law

    https://finance.yahoo.com/news/house-passes-bipartisan-fix-health-law-195508319–finance.html

    Are the GOP waking up from their self-induced nightmare?

    I can’t think of anything more bullish for stocks and bearish for bonds.

  7. rd says:

    Best headline of the day:

    Could whales explode in Canadian towns?

    http://us.cnn.com/2014/04/30/world/blue-whale-carcass-problem/index.html?hpt=hp_t2

  8. Jojo says:

    Magazine | The Money Issue |NYT Now
    Why Only One Top Banker Went to Jail for the Financial Crisis
    By JESSE EISINGER
    APRIL 30, 2014

    http://www.nytimes.com/2014/05/04/magazine/only-one-top-banker-jail-financial-crisis.html

  9. Jojo says:

    The last few paragraphs point to why there will be less jobs for humans going forward – robots & automation just bring too much efficiency to the table….
    =========
    NY Times
    From Making Bagel Baskets to Rethinking Small Manufacturing in America
    By JOHN GROSSMANN
    APRIL 30, 2014

    In the mid-1990s, Drew Greenblatt started dialing his way down a list of 800 brokers, lawyers and accountants, looking for a business to buy. He had sold a security alarm installation company, and he was looking for four qualities in his next venture: an honest seller, a viable market, a rational purchase price, and a business that sold to other businesses. He was through with coddling consumers.

    In 1998, after three years of searching, Mr. Greenblatt bought a sleepy Brooklyn manufacturing company with about 18 employees for $600,000. The company made one product, wire baskets for bagels, that it sold for $12 apiece. That first year, sales approached $800,000.

    http://www.nytimes.com/2014/05/01/business/smallbusiness/from-making-bagel-baskets-to-rethinking-small-manufacturing-in-america.html

  10. rd says:

    The Conservative Right loves to slam liberal government programs for incompetence (Obamacare rollout is current cause celebre, rightly so). However, they also tend to heavily support government “law and order” to be “tough on crime”, including rapid prosecutions, mandatory sentencing laws, and capital punishment.A number of innocent people appear to get caught in the dragnet as, unfortunately, it looks like the law and order community, especially high profile murder cases, forensics, and capital punishment execution, seem to be rife with incompetence and fraud:

    http://www.pnas.org/content/early/2014/04/23/1306417111

    http://www.businessinsider.com/forensic-csi-crime-labs-disaster-2014-4

    http://us.cnn.com/2014/04/30/us/oklahoma-botched-execution/index.html?hpt=hp_t2

    The forensics one is particularly interesting as I routinely work with laboratory data for environmental remediation projects. Third party data validation is the norm for much of the data that we work with. It would be possible to falsify a test, but very difficult to pull it off, especially en masse. However, this work is done for clients who have been brought into the projects because they are “deep pockets” and so they have money to spend on making sure the data is good when they go through the regulatory decision-making process. The typical criminal defendant couldn’t remotely hope to have these types of resources and it is clear that many of the law and roder agencies have no interest in providing the same quality of testing that a soil sample from 20 feet underground on a Superfund site would get. You sometimes have to wonder about our society’s priorities.

  11. VennData says:

    Americans Want to Pull Back From World Stage, Poll Finds

    http://online.wsj.com/news/articles/SB10001424052702304163604579532050055966782

    ​Heck we don’t need to engage with the world. Let’s hide as brave patriotic Americans.

    http://www.foxnews.com/world/2014/04/30/reports-abducted-girls-forced-to-marry-nigerian-extremists-demands-for-action/

    And for gosh sakes we don’t worry about these guys coming here and crashing planes or blowing up marathons. Because I don’t want the NSA to know what Comcast, AT&T, and VISA know that I got a pizza delivered last month!

    You keep on minimizing that Obama foreign leadership Rand Paul and the rest of you Clive Bunker real Americans. Go GOP.