by cactus It Rarely Happens But What Goes Around Can, Potentially, Come Around Dear Mr. Obama, Incriminating information about a certain individual has come to my attention. In the 1980s, this individual praised and defended a small cabal that worked its way into the highest levels of government and then sold modern American military equipment […]
rdan Executive summary of EBRI stats on: Income of the Elderly Population Age 65 and Over, 2005 • Latest data: This article reviews the latest available data on the older population’s income (age 65 and older), how it has changed over time, and the elderly’s reliance on these sources. • Social Security still dominant: In […]
Cross posted by Linda Beale, ataxingmatter Linda Beale has a take on tax competition and real costs hidden by gaming the system. Who does pay for the US Naval protection of commerce in the world? Tax Competition: why it is not a good thingThe Tax Foundation is one of those purported think tanks that preaches […]
rdan Mark Thoma at Economist’s View offers a look at Jeff Sachs (in Scientific American) notions of the correctness of a ‘global’ basket of currencies to be used as a substitute for the US dollar. China has now proposed that … nations peg their currencies to a representative basket of others rather than to the […]
rdan Check 0:25 for information on Bob Graham’s briefingCheck 2:50 for information on WMD briefing at about the same timeCheck 3:50 for information on Bob Graham’s now notable notebook system and inaccuracies in briefing dates (3 of 4 mentioned to him never occurred on those dates). A better question to pursue is not to discuss […]
rdan No friends in high places for these small to medium sized banks. (hat tip Calculated Risk)
rdan Middle aged men and pensions in the industries. Much wealth has vanished…I notice a lot of apathy among employees such as teachers whose state plans have not declared losses yet except generally. The MA plan declared a 29% “loss” in value, but I have yet to see a clear statement about what the “loss” […]
rdan Undercover in Burmaby Michael Perelman My former student, Ryan Libre, snuck into Burma to meet with the Kachin Independence Army. He is one of my favorite students, even though he has a long-standing incomplete in one of my classes. Our local weekly has a short story about his work. http://www.newsreview.com/chico/content?oid=980928 I had to simply […]
rdan Worth a bit of time to listen.
rdan Brett Steenbarger at Trader Feed has an interesting take on rules of the market for the current decade of market of stocks. In the chart, I’m looking at a moving window of 60 days and counting the number of days within that window that either have 2/3 or more of stocks traded as advances […]