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Tuesday, September 18, 2012

What Romney’s Gaffe Gets Right About the 47 Percent - The Daily Beast

What Romney’s Gaffe Gets Right About the 47 Percent - The Daily Beast

Obama Campaign’s Straightforward Response to Romney’s 47% Comment | Elections

Obama Campaign’s Straightforward Response to Romney’s 47% Comment | Elections

Will False Belief in the SIVH Destroy Romney's Candidacy?,

Will False Belief in the SIVH Destroy Romney's Candidacy?, Bryan Caplan | EconLog | Library of Economics and Liberty

Misconceptions and Realities About Who Pays Taxes

Misconceptions and Realities About Who Pays Taxes — Center on Budget and Policy Priorities

Romney Tape on 47 Percent - The Worst Thing Romney Has Said About Americans Yet - Esquire

Romney Tape on 47 Percent - The Worst Thing Romney Has Said About Americans Yet - Esquire

Did Romney Just Lose The Election? -

Did Romney Just Lose The Election? - The Dish | By Andrew Sullivan - The Daily Beast

Let Them Eat Vouchers |

Let Them Eat Vouchers | Poems by Dr. Goose: Finance and Economics Humor, Satire - Limericks �conomiques

Thurston Howell Romney

If Romney has lost David Brooks, he  has lost middle America.
Brooks makes sense but returns to his idiotic form at the end.

Thurston Howell Romney - NYTimes.com

Monday, September 17, 2012

Mitt Romney versus the 47 percent

Mitt Romney versus the 47 percent

Romney’s theory of the “taker class,” and why it matters

Romney’s theory of the “taker class,” and why it matters

Economist's View: Nontaxpayers are Overwhelmingly the Eldery and Students

Economist's View: Nontaxpayers are Overwhelmingly the Eldery and Students

The real Romney

SECRET VIDEO: Romney Tells Millionaire Donors What He REALLY Thinks of Obama Voters | Mother Jones

UnderstandingSociety: What makes universities better?

UnderstandingSociety: What makes universities better?

How Paul Ryan Convinced Washington of His Genius

How Paul Ryan Convinced Washington of His Genius

Two-Faced on Taxes

Two-Faced on Taxes

Robert Samuelson Is Tired of Stimulus

Robert Samuelson Is Tired of Stimulus | Beat the Press

Saturday, September 15, 2012

'There's Something Very Exciting Going On Here' - Business - The Atlantic

'There's Something Very Exciting Going On Here' - Business - The Atlantic

Beyond The Campaign, The Country

Beyond The Campaign, The Country - The Dish | By Andrew Sullivan - The Daily Beast

The Question

The Question - Obama For America TV Ad - YouTube

The Queen Of Versailles - Business Insider

The Queen Of Versailles - Business Insider

The Next Industrial Revolution Starts in this 20-foot Shipping Container

The Next Industrial Revolution Starts in this 20-foot Shipping Container

The Long Legacy of Cheating at Harvard - NYTimes.com

The Long Legacy of Cheating at Harvard - NYTimes.com

Merle Hazard is a national treasure

Calculated Risk: Fiscal Cliff: Goldman note and Merle Hazard

Middle Class Shrinks to ALL-TIME LOW | The Big Picture

Middle Class Shrinks to ALL-TIME LOW | The Big Picture

Friday, September 14, 2012

Lazy Portfolios - Bogleheads

Lazy Portfolios - Bogleheads

Obama’s Way

Michael Lewis: Obama’s Way | Vanity Fair

Getting Index Fund Religion

Getting Index Fund Religion

The Dog and the Frisbee

speech596.pdf (application/pdf Object)

Scott Sumner Day

Blogging matters

Monetary policy: A victory, and a test | The Economist

Romney's statements make a Foreign Service Officer feel 'physically ill' | The Best Defense

Romney's statements make a Foreign Service Officer feel 'physically ill' | The Best Defense:

And this man wants to be our leader?

Jimmy Fallon: James Taylor Sings “Romney & Bain” | The Big Picture

Jimmy Fallon: James Taylor Sings “Romney & Bain” | The Big Picture

Citigroup Puts the Fun Back in Taking Huge Losses - Bloomberg

Citigroup Puts the Fun Back in Taking Huge Losses - Bloomberg:

Citigroup should be prosecuted under Sarbenes-Oxley.


 Citigroup’s 49 percent interest in Morgan Stanley Smith Barney, which Morgan Stanley agreed to buy for about $6.6 billion, is another classic example. In its 2011 annual report, Citigroup said the investment had a “temporary impairment” as of Dec. 31, but that management didn’t plan to sell “prior to recovery of value” and didn’t believe the bank would be required to. Citigroup also said its potential loss “was not material.”

In Libya and Elsewhere, Our Diplomats Deserve Better - NYTimes.com

In Libya and Elsewhere, Our Diplomats Deserve Better - NYTimes.com

Two Men Say They’re Jesus, One Of Them Must Be Wrong | TBogg

Two Men Say They’re Jesus, One Of Them Must Be Wrong | TBogg

Tuesday, September 11, 2012

The Internet a Decade Later | The Big Picture

The Internet a Decade Later | The Big Picture

EconoSpeak: Things More Worthy Of Remembrance Than 9/11

EconoSpeak: Things More Worthy Of Remembrance Than 9/11

Schumpeter: Bargain bosses


I beg to differ. Each one would do the same work for half. They get paid more because they can.

Schumpeter: Bargain bosses | The Economist

A Tale of Two Cities |

A Tale of Two Cities | Angry Bear - Financial and Economic Commentary

Spoilsport Banking Regulators Ruin Another Derivative That Was Too Beautiful To Live � Dealbreaker: Wall Street Insider – Financial News, Headlines, Commentary and Analysis – Hedge Funds, Private Equity, Banks

Spoilsport Banking Regulators Ruin Another Derivative That Was Too Beautiful To Live � Dealbreaker: Wall Street Insider – Financial News, Headlines, Commentary and Analysis – Hedge Funds, Private Equity, Banks

Tuesday, September 04, 2012

ataxingmatter: Romney and Private Equity's Questionable Schemes for Paying Very Little Tax

ataxingmatter: Romney and Private Equity's Questionable Schemes for Paying Very Little Tax

Tomgram: Nick Turse, The Pentagon's Bases of Confusion | TomDispatch

Tomgram: Nick Turse, The Pentagon's Bases of Confusion | TomDispatch

The Political Education of Elizabeth Warren

The Political Education of Elizabeth Warren

Who’s Fighting for Workers? | Jared Bernstein | On the Economy

Who’s Fighting for Workers? | Jared Bernstein | On the Economy

Japanese poverty: Who's to blame?

Noahpinion: Japanese poverty: Who's to blame?

" Every day they get up, slave away diligently and conscientiously for 8 or 10 hours at a mind-numbing menial job at pittance wages, and every night they return to sleep on the floor of tiny bare rabbit-hutch studio apartments barely larger than my bathroom. They were born well-behaving and hard-working and poor, and they will die well-behaving and hard-working and poor. "

Sunday, September 02, 2012

12 GIFs That Prove Kobe Bryant Has Stolen Everything From Michael Jordan

12 GIFs That Prove Kobe Bryant Has Stolen Everything From Michael Jordan

Texas High School Football Team Plays First Game in $60 Million Stadium - ABC News


The culture that is Texas.

Texas High School Football Team Plays First Game in $60 Million Stadium - ABC News

Economist's View: 'Why Berate Bernanke?'

Scary column of the day. "we can do nothing."

Economist's View: 'Why Berate Bernanke?'

Financial Firms Face Subpoenas on Tax Strategy - NYTimes.com

Why two tax rates do not work. Smart lawyers will always find ways to convert ordinary income into capital gains.

Financial Firms Face Subpoenas on Tax Strategy - NYTimes.com

GPS and Human Error Can Lead Drivers Astray

Don not get too reliant on GPS. Mapreading skills are important too.

GPS and Human Error Can Lead Drivers Astray - Digital Domain - NYTimes.com

U.S. Halting Program to Train Afghan Recruits - NYTimes.com

U.S. Halting Program to Train Afghan Recruits - NYTimes.com:

Still in denial to the bitter end.

" Still, the American Special Operations spokesman said that these so-called insider attacks are not seen “as a systemic problem with the” Afghan Local Police."

Retail Investors Lack Basic Financial Literacy � Donald Marron

Use index funds.

Retail Investors Lack Basic Financial Literacy � Donald Marron

Saturday, September 01, 2012

Inside story: Look, no hands | The Economist

Inside story: Look, no hands | The Economist

A few remarks on Medicare’s administrative cost | The Incidental Economist

A few remarks on Medicare’s administrative cost | The Incidental Economist

The Real Mystery of Paul Ryan's Marathon Time

No mystery. He lies about everything. All the time.

The Real Mystery of Paul Ryan's Marathon Time - James Fallows - The Atlantic

Are Entitlements Corrupting Us? Yes - WSJ


No entitlements are not corrupting. It is in our national character to save for retirement.
SS and medicare are retirement plans, not transfers.

Yes. It is in our national character to take care of the poor and the sick. Unemployment insurance and medicaid are for that.

Are Entitlements Corrupting Us? Yes - WSJ.com

Modern China: A tale of luxury villas and displaced villagers | McClatchy

Modern China: A tale of luxury villas and displaced villagers | McClatchy

It's Becoming Clear That No One Actually Read Facebook's IPO Prospectus Or Mark Zuckerberg's Letter To Shareholders - Business Insider

It's Becoming Clear That No One Actually Read Facebook's IPO Prospectus Or Mark Zuckerberg's Letter To Shareholders - Business Insider:

Best quote of Zuckerberg

Simply put: we don’t build services to make money; we make money to build better services. And we think this is a good way to build something.

Exclusive: Inside Karl Rove's Billionaire Fundraiser

Exclusive: Inside Karl Rove's Billionaire Fundraiser - Businessweek

On Medicare

Classic Krugman - By Yuval Levin - The Corner - National Review Online

Fact-Checkers Howl, but Both Sides Cling to False Ads -

Fact-Checkers Howl, but Both Sides Cling to False Ads - NYTimes.com:

Quote to the election:

“We’re not going let our campaign be dictated by fact-checkers,” Neil Newhouse, the Romney campaign’s pollster, said this week during a breakfast discussion at the Republican National Convention in Tampa, Fla.,

Economist's View: The (If I Were To Do Any Rounding, It Would Certainly Be To Four Hours, Not Three) Marathon Man

Ryan lies about everything,

Economist's View: The (If I Were To Do Any Rounding, It Would Certainly Be To Four Hours, Not Three) Marathon Man