The NY Times had a very good article on inflationary pressure from Asia this morning. The article was titled Asian Inflation Begins to Sting US Shoppers. It did a very good job of giving information about how inflationary pressures were driving prices higher in Asia and correctlypointed out that it was showing up in US […]
Iraqi politics certainly is complicated. Try this article. So, I was at a great Center for American Progress panel yesterday with journalists Nir Rosen and Michael Ware. They have been in Iraq for most of the last five years and get the perspective on the ground the we don’t usually hear about here. Ware said […]
For those who want to have an extended conversation on Angry Bear on a topic that becomes increasingly private over time, we can try this: Create a post page for an ongoing project. So…on my Continuing conversation page page I include any notes I want my ‘team’ to see. When there are new information or […]
The Bulletin On line has an interesting set of essays on modeling and global warming. I snitched it from CoRev.
I have pulled two quotes from comments from a reader that state a view that might not occur to us. They are out of context, but I think might have some discussion value about perspectives. The first appears to stem from some of Greenspan’s ideas in a post on OCC regulation and state regulation. The […]
We are trying this open post on a Friday night. Blogger does not support threaded comments and such. But, the mike is yours, civility is not waived.
Even with the drop in employment the new data really does not add much new information to what we knew a month ago. Interestingly hours worked rose this month. But the first quarter average is 107.4 as compared to 107.7 last quarter. This gives you about a 1.1% quarterly drop–seasonally adjusted annual rate — for […]
The Chicago Tribune carries this story: New Orleans – If you think the prescription drug you took for headaches caused your heart attack, the Food and Drug Administration says you can’t sue the maker for injury if it met agency standards.The Consumer Product Safety Commission says you can’t sue a mattress maker if your mattress […]
The ABX.HE index, which is based on credit default swaps on different tranches of subprime mortgage-backed securities. (Federal Reserve Bank of Cleveland) Hat tip to Jim Satterfield for this link to Marketplace public radio. Bob Moon is the Senior Business Correspondent. MOON: OK, I’m about to unload some numbers on you here, so I’ll speak […]
From Rdan’s Sallie Mae post I got the urge to hunt because vtcodger mentioned greed. Greed? Yes, I have recently learned that one person who works to manage the endowment fund for Harvard got a bonus for last year performance that was less than the year before of $2M. Imagine that! The endowment is so […]