2010 Outlook Summary

THE PRAGMATIC CAPITALIST » » THE ULTIMATE GUIDE TO 2010 INVESTMENT PREDICTIONS AND OUTLOOKS

And the American Crony Capitalism

And the worst footnote of 2009 was… | footnoted.org

1999

Food for thought... | FP Passport

Stiglitz: 6 Harsh lessons We Failed to Learn | The Big Picture

Stiglitz: 6 Harsh lessons We Failed to Learn | The Big Picture

Happy New Year

Starbucks “All You Need Is Love” Project | The Big Picture

Rain Man,’ Dies at 58 - Obituary

Kim Peek, Inspiration for ‘Rain Man,’ Dies at 58 - Obituary (Obit) - NYTimes.com

Cost and Outcomes in US healthcare

We know the numbers but neither the causes nor the solution.
The recent Senate bill will not change this curve by much.

American Exceptionalism Strikes Again | Angry Bear

Stimulus timing - Paul Krugman Blog - NYTimes.com

Simple explanation of impact of stimulus on growth.
First derivative is important.

Stimulus timing - Paul Krugman Blog - NYTimes.com

Jonathan Gruber - 'Cadillac' tax isn't a tax -- it's a plan to finance real health reform - washingtonpost.com

A lesson in framing.
The Cadillac tax is not a tax. It is actually an elimination of a tax break on wealthy Americans.


Jonathan Gruber - 'Cadillac' tax isn't a tax -- it's a plan to finance real health reform - washingtonpost.com

“Is Blaming AAA Investors Wall-Street Serving PR?” « naked capitalism

Investment Banks ripped off investors by selling them fraudulently marked bonds.

“Is Blaming AAA Investors Wall-Street Serving PR?” « naked capitalism

The Secret Lives of Amazon's Elves

Part time work at Amazon for Christmas season

The Secret Lives of Amazon's Elves - Amazon - Gizmodo

Tools for Managing Your Online Life After Death

Interesting.

E-Mail - Tools for Managing Your Online Life After Death - TIME

Morgan Stanley Walking Away from Properties

First class  business in a first class way.

What does this say about the CRE market?
What if more homeowners start to do  this? Another leg down in the housing market.

Bonuses Were Paid Fraudulently

Trader and management bonuses were based on fraudulent profits and should be clawed back.
Unfortunately this will not happen.
This is another good reason for a windfall profit tax.


Former Barclays Chief Points Out Bonuses Were Paid Fraudulently « naked capitalism

The Secret Diary of Steve Jobs :

One of the problems of American industry. Lack of vision and run by the numbers mentality.

The Secret Diary of Steve Jobs : A not-so-brief chat with Randall Stephenson of AT&T

Marginal Revolution: Markets in everything

Stocking stuffer.

Marginal Revolution: Markets in everything

FT.com | Money Supply | A windfall tax in the US?

The tax should be on bank's profits, not on the bonuses. This is easier to administer and tougher to defer. Less appealing to vindictive popularists.

FT.com | Money Supply | A windfall tax in the US?

Obama's Big Sellout : Rolling Stone

More on America's Oligarchy from Taibbi.

Obama's Big Sellout : Rolling Stone

DeLong counters.
And a counter.


And Salmon counters the counter.

How The Average U.S. Consumer Spends Their Paycheck | DailyCognition.com

Compare this to your home budget.

How The Average U.S. Consumer Spends Their Paycheck | DailyCognition.com

Marginal Revolution: 99 10 Red Ballloons

Prizes and network technologies.

Marginal Revolution: 99 10 Red Ballloons

Mathematically Correct Breakfast

Try this at home.
Mathematically Correct Breakfast -- Mobius Sliced Linked Bagel

Britain to Levy a One-Time Tax on Banker Bonuses - NYTimes.com

U.K. shows guts. Unfortunately this will not happen in the US. It should

Britain to Levy a One-Time Tax on Banker Bonuses - NYTimes.com

What is Maturity - and Who's Got It?,

From the comments: "It's accepting that there are some things you want but will never have, and that that's ok."



What is Maturity - and Who's Got It?, Bryan Caplan | EconLog | Library of Economics and Liberty: "

FAQ

Chairman Ben S. Bernanke’s Frequently Asked Questions | The Big Picture

NY Fed President Dudley: Still More Lessons from the Crisis

The Fed is learning. They are no longer saying that they will wait for bubbles to pop and then clean them up.

Calculated Risk: NY Fed President Dudley: Still More Lessons from the Crisis

Fundamental Reseaons for the Gold Bubble

Rational explanations of the irrational.

The Oil Drum: Europe | Peak Gold, Easier to Model than Peak Oil? - Part I

Now it makes sense?

Page 28 of a power point presentation for the Afghanistan surge.

For my Netflix queue

I got lots of free time these days.

f250bestmoviesmap_HQ.jpg (JPEG Image, 3507x2160 pixels) - Scaled (43%)

Is Repaying TARP Good for Bank of America (and Taxpayers?) « naked capitalism

"Paying back the Tarp...is looting"

Is Repaying TARP Good for Bank of America (and Taxpayers?) « naked capitalism

What's the Plan for Afghanistan?

There is no plan.

What's the Plan for Afghanistan? | Mother Jones

Public Works

But it's not as though the United States hasn't started some big public works projects over the past decade or so; it just hasn't been doing them here at home. We've spent billions constructing military bases in Iraq and Afghanistan, for example, and another billion or more on a giant embassy in Baghdad and another one in Pakistan. Needless to say, those "public works" projects are a drain on the U.S. economy rather than a source of additional productivity.

Obsidian Wings: But I’ve Been Unfaithful, I’ve Been Traveling Abroad

Ten Ways to Move the Budget Back Toward a Sustainable Path | Jeff Frankels Weblog | Views on the Economy and the World

Ten Ways to Move the Budget Back Toward a Sustainable Path | Jeff Frankels Weblog | Views on the Economy and the World

A More Perfect Union

"What would a better marriage look like? More happiness? Intimacy? Stability? Laughter? Fewer fights? A smoother partnership? More intriguing conversation? More excellent sex?"


A More Perfect Union - NYTimes.com

Contra Max Weber

So the most value I got out of that sociology class was the 9w joke.

Marginal Revolution: Contra Max Weber

Fed: We Will Pop Future Bubbles |

Major change in Fed policy thinking.


Fed: We Will Pop Future Bubbles | The Big Picture

The Amazing Animated Version Of The Tiger Woods Crash

The Chinese are really taking over the world. They have surveillance cameras in Orlando

The Amazing Animated Version Of The Tiger Woods Crash

The Taliban ascendant |

An extra 30,000 is not enough. Which is why it is too many.


The Taliban ascendant | The Best Defense