GE stock performance under Jeff Immelt, with market indices: More later…

by Dale Coberly WHAT KOTLIKOFF (REALLY) SAID Larry Kotlikoff responded to my post in comments (Social Security: It’s Just Math). by saying that I (coberly) “wrote quite a lot about something I [Kotlikoff] didn’t really say.” He has a point. I based my speculations about where he obtained his misleading numbers on an NPR summary […]

As part of my continuing series of Analogies that Should Be on the SAT, this is what Famous Entrepreneurs do (h/t Brad DeLong): In the IBM PC era, Steve drove innovation forward with the Macintosh. This, like the Apple II, was squarely aimed at expanding the use of PCs to everyone, the “computer for the […]

Your intrepid if somewhat tardy correspondent confirms the number one story at www.washingtonpost.com. The OWS demonstration in Rome provided cover for people who like to smash and burn things (the black block). This is the line of Rome’s right wing mayor and the right wing minister of the interior. Being late, as usual, I missed […]

OMB Watch points us to the idea that: Financial Taxes Can Raise Revenues, May Help Stabilize Markets The congressional Super Committee, tasked with forging a $1.2 trillion deficit reduction package by Thanksgiving, is currently deliberating on which revenues — if any — to raise and to include in its plan. With Wall Street at the […]

The Italian prime minister just won a vote of confidence in Parliament. It surprises almost no one who lives in Italy that investors weren’t pleased. The associated Press has a great quote The best signal that Italy could have sent to the markets would have been to boot Mr. Berlusconi out, but it has failed […]

Reuters posted (and has since updated) an article on alleged financial connections between George Soros and Occupy Wall Street (OWS). The article illustrates much of what is wrong with English language journalism. Felix Salmon wrote a devastating critique (just click the link and read it) Felix Salmon works for Reuters. To me the news is […]

by Linda Beale Barney Frank and the need for a risk-based bank fee That post about the McCain-Paul environmental devastation and revenue decimation bill (somehow mistakenly given the label of a “jobs bill” by the misguided pair ) suggests the unprecedented extent to which our Congressional reps now believe they can use and abuse national […]

Update: By Dale Coberly (was inadvertently omitted as author, although regulars know and the label names him) SOCIAL SECURITY: IT’S JUST MATH or how to lie with numbers “Math doesn’t lie” seems to be the new focus group tested mantra  about Social Security that Congressmen and their journalists are so proud to repeat.  What it […]