My afternoon train reading (assuming I can keep my eyes open):

• 5 brain flaws that make you a lousy investor (USA Today) but see 10 Lazy Ways to Appear Smarter (PsyBlog)
• Definition of ‘Rich’ Changes With Income (NY Times)
• Teens politely inform bank they can crack all its ATMs (DailyDot)
• Orszag: It’s time for some optimism about health care spending (Vox) See also Five ways the American health care system is literally the worst (Vox)
• YouTube to destroy its own business model, seeks to become useless commercial drivel (FT.com)
• Five charts that show how conservatives are driving partisan rancor in DC (WonkBlog) see also The sad, sorry decline of George F. Will (The Week)
• Download Speed by Country (Net Index)
• The economics of “everyone’s private driver” (Medium)
• Bergdahl Critics Didn’t Howl When Bush Freed Prisoners (NYT) see also Bush’s toxic legacy in Iraq (CNN)
• 11 Octopuses Caught in the Act of Being Awesome (Mental Floss)

What are you reading?

 

Global Growth in Money Supply vs. Inflation Rate

Source: Richard Bernstein Advisors

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 PM Reads”

  1. > The People Who Broke Iraq Have A Lot of Ideas About Fixing It Now (Think Progress)

    Amen . . . it’s amazing how many of these people are being provided a platform now.

    “But if so many were wrong about Iraq in 2003, why are they still being invited (and trotting themselves out) on Sunday morning talk shows and op-ed pages as authorities on U.S.-Iraq policy? Where is the accountability for the politicians’ and pundits’ warmongering of 11 years ago?”

    Where is the accountability on Iraq? (WAPO)

    http://goo.gl/L83sA1

    • ilsm says:

      Vietnam:Iraq
      Dominoes:WMD

      US boys would have preserved the gains of Bush’s [no WMD's] errors in Iraq. Per Romney.

      If only the US had left advisors [how sucked in to Vietnam] in Iraq……(National Review talking head, with British accent)

      Then Baghdadi would be running off Iraqi soldiers with US advisors taking losses, just like Vietnam. Then US advisors will show them how to track body count, just like Vietnam. Then Maliki will be deposed with help from the US state Department because he is not popular [more Sunni inclusion in parliament????] enough with the enemy, just like they did to Diem in Vietnam. Next US will move whole villages into strategic hamlets to keep them from talking with their cousins in Baghdadi’s group, just like Vietnam.

      Then the government troops will be embarrassed and US forces called in just like Vietnam.

      If they don’t have the loyalty or the leaders to do it for themselves US boys and US trillions are only for profit.

      Hanoi Jane McCain!

      If the Iraqi’s would only see ISIS is no more dangerous than Tea Party

  2. willid3 says:

    hm, the odds of a private mortgage decrease every time the banks and servicers mess up,
    they can’t even keep track of who owns the mortgage, what the terms are. nor can their systems they use do what the contracts require.
    and all of this has made ‘investors’ very leery of ever putting cash into this again.
    at least not this century. and unless the government keeps backing them up.
    which just means that all of that noise about removing government from mortgages. is just noise as all of the plans still end up with a government backing.

    course that the servicers are hiding all the in portfolios, which means that price has been been mis priced. and who wants to buy high and sell low again?

    http://www.nakedcapitalism.com/2014/06/repeated-foreclosures-time-borrower-demonstrates-failure-fix-servicing-fallacy-save-banks-costs-policy.html

  3. willid3 says:

    more political hyper ventilation? and he is supposed to be an economist. course we all know what that means

    http://pragcap.com/the-bankrupt-economics-of-david-brat

  4. willid3 says:

    maybe we expect to much from the FED as to many dont have the back ground in what they are doing?

    http://www.themoneyillusion.com/?p=26957

  5. willid3 says:

    the real internet fast lane?

    only its still owned by the government
    10 gb per sec?

    http://www.wired.com/2014/06/esnet/

  6. willid3 says:

    and you thought that high priced watch was what the 1% wanted

    no its using an Airbus 380 or Boeing 747 or 777 or 787 as a private plane

    http://www.wired.com/2014/06/the-jumbo-jets-boeing-and-airbus-turn-into-posh-private-planes/

  7. ottnott says:

    Smartphones found preloaded with spyware that sends data to China. Maker of phone cannot be determined.
    http://finance.yahoo.com/news/report-chinese-phone-comes-preloaded-spyware-153543708–finance.html

    55 of 56 economists surveyed say that the money markets are wrong about movement in the fed funds rate over the next two years. [so, is it that markets get it wrong about reality, or is it that economists get it wrong about markets?]
    http://www.bloomberg.com/news/2014-06-17/fed-will-raise-rates-faster-than-investors-expect-survey-shows.html

  8. VennData says:

    The 15 Most Brutal Corporate Firings

    Brutal? Hahaha! Here’s millions, now get out. Gotta love the one%ers and their idea of brutal. Thanks Mathew.

    http://www.buzzfeed.com/matthewzeitlin/the-15-most-brutal-corporate-firings?s=mobile

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