Yesterday, Karl Smith posted on Oil and the Structural Recession. This seems to be one of Karl’s thinking-out-loud posts, with more questions than answers, some convoluted reasoning, and a conclusion that higher gasoline prices are in our future. If I read him right, this will be due to a demand pull. He included this graph […]
by Rebecca Wilder Euro Area Portfolio Flows Today the ECB released the Euro area balance of payments for December. This is a statistical release that is worthy of only the biggest data geeks – but it is quite interesting, especially in forming relationships between FX and capital flows. I’ll demonstrate what’s been going on in […]
As Bain Capital PR agent Charlyn Lusk (see my post from yesterday morning) and other AB readers know by now, I’ve posted a series of posts here over the last few days that discuss the oddity that Mitt Romney has repeatedly claimed whenever the subject of the auto company bailouts arises, that, while, yes, he […]
by Tom aka Rusty Rustbelt Health Care: Supply Chain Meltdowns First: Counterfeit vials of the cancer drug Avastin have been found in three states. The vials, sold directly to physician offices, lack the active ingredients to make the drug effective. Somewhat luckily, the packaging was so sloppy the vials were spotted, although some of the […]
After the Bain Existence controversy about my post about Bain Capital yesterday, and whether or not Bain Capital really wanted to lend Chrysler and GM money to fund their managed bankruptcies, and about whether or not Bain Capital’s PR agency understands the concept of sarcasm and can recognize it even when it’s wearing a red […]
Oookaaaayyy. Normally when I receive an email message that I want to forward or mention elsewhere, I first ask permission of the emailer. Not this time, though. The following email was sent to Angry Bear last evening, and forwarded to me by Ken late last night: On Wed, Feb 15, 2012 at 6:27 PM, Charlyn […]
Greece and what is happening to it is not getting enough attention. What is happening there, in my opinion is an example of the human race at it’s worse. I do not see the implementation of austerity as an experiment. I see it as just one more step by those in the world controlling banking […]
by Linda BealeSantorum’s Tax Returns Out News Sources report Santorum has released tax returns. I’m on my way to San Diego for the ABA Tax Section meeting, so haven’t had a chance to peruse. But a tax rate of around 25-27% for 2007-2010 on income ranging from $659,000 in 2007 to more than a million […]
by Linda Beale Misleading Tax Rhetoric Abounds I got the same piece of mail that my colleague and fellow blogger Jim Maule got–a disturbingly misleading rant trying to make a case for zero taxation of unearned income. I started to write a post about it, since this is the kind of material that gets my […]
**This appears to be incorrect. It was based on a story that CNBC has now updated. It was “Bain Consulting,” not Bain & Co., that advised the government on re-financing the automobile companies. — klh Ah! Mystery Solved! Yesterday,in my post, “Crony Capitalism On A Grand Scale“—the title of the post borrowed from an op-ed […]