Archive for June, 2010

  • The Death of Personal Responsibility
    Posted by on June 15th, 2010 at 2:40 am, Comments: 0

    Fitting in nicely with my prior post about the Tragedy of the Commons, I was riled into a severe state of Bajungi Tilt this evening […]

  • Monday Tidbits – World Cup and Some Links
    Posted by on June 14th, 2010 at 11:28 pm, Comments: 0

    As I gear up for a big rant that’s coming…just wait I watched many World Cup games this weekend – almost all of every game, […]

  • State Bailouts: The Tragedy of the Commons
    Posted by on June 13th, 2010 at 2:33 pm, Comments: 0

    Readers may be familiar with Garret Harden’s Tragedy of the Commons.  As Wikipedia describes it: “Central to Hardin’s article is an example (first sketched in […]

  • A Horrible Solution To NY’s Pension Woes
    Posted by on June 13th, 2010 at 1:43 pm, Comments: 0

    Several weeks ago I wrote about potential solutions to deal with underfunded pensions, and singled out Alicia Munnel, former member of the Council for Economic […]

  • Bernanke’s Guaranteed Box Full of Crap
    Posted by on June 12th, 2010 at 2:55 am, Comments: 0

    It’s not that I want to keep writing about the tragic irony when life imitates art, but the scenario just keeps coming up.  This will […]

  • World Cup Time
    Posted by on June 11th, 2010 at 6:30 pm, Comments: 0

    The World Cup is awesome.  I know Americans don’t like soccer, and as long as there are prima donnas taking dives on the slightest of […]

  • JGBs are Bringing Sexy Back
    Posted by on June 10th, 2010 at 1:45 pm, Comments: 0

    From Bloomberg: “Japanese women are seeking men who invest in government bonds, according to an advertisement being run by the Ministry of Finance. “I want […]

  • Stiglitz and the "Goldman Sachs Rule"
    Posted by on June 9th, 2010 at 10:35 pm, Comments: 0

    From the NYT Dealbook: “Joseph E. Stiglitz, the Nobel Prize-winning economist, wants the financial regulatory bill to bar financial firms that give up their government-backed […]

  • BP Oil Spill Re-enacted by Cats
    Posted by on June 9th, 2010 at 12:26 pm, Comments: 0

    Cats make everything funnier (h/t Reformed Broker): and a few other links: 1) MISH:  Krugman’s Magic Keynesian Mirror2) Reformed Broker: Bob McTeer Dropping Knowledge -KD

  • WooHoo? Really?
    Posted by on June 8th, 2010 at 9:31 pm, Comments: 0

    This is what it’s come to?  Christina Aguilera’s “Woohoo?”  lyrics snippet: “You know you really wanna (hey)Wanna taste my (woohoo)You know you wanna get a […]

  • "Keynesian Endpoint" and "The Least Dirty Shirt"
    Posted by on June 8th, 2010 at 11:46 am, Comments: 0

    Bloomberg: Nations have reached a “Keynesian endpoint” as exhausted balance sheets leave policy makers with few options to bolster economic growth, according to Anthony Crescenzi, […]

  • The "Recovery"
    Posted by on June 8th, 2010 at 11:31 am, Comments: 0

    From the Associated Press: “My best guess is we will have a continued recovery, but it won’t feel terrific,” Bernanke said.” “Asked when the Fed […]

  • Jeff Suppan – Human Asset Bubble
    Posted by on June 7th, 2010 at 9:45 pm, Comments: 0

    Are we still debating if there is an asset bubble being inflated right now?  Because there should be no argument – we are deep into […]

  • Closing the Gap
    Posted by on June 7th, 2010 at 9:00 pm, Comments: 0

    John Hussman:  “The fundamental problem is that we have not, as a global economy, accepted the word “restructuring” into our dialogue. Instead, we have allowed […]

  • "He’s Arguably The Greatest Con of All Time"
    Posted by on June 7th, 2010 at 1:48 pm, Comments: 0

    Presented without comment, from NY Mag, via Clusterstock: Madoff was accustomed to hearing other inmates call his name. From July 14, the day he arrived, […]

  • Articles I Tweeted Recently
    Posted by on June 6th, 2010 at 6:03 pm, Comments: 0

    Here are some of the things I Tweeted last week: Singapore charges people to go into its casinos. I had no idea. “To discourage locals […]

  • From the Horse’s Mouth – FNM on Home Prices
    Posted by on June 6th, 2010 at 1:33 pm, Comments: 0

    Thanks to CR for pointing out this BusinessWeek article with quotes from Fannie Mae’s chief economist: “The federal homebuyer tax credit shifted demand in the […]

  • Someone Will Always Have the Data First
    Posted by on June 4th, 2010 at 2:46 pm, Comments: 0

    I’m going to keep this short and sweet.  Scott Patterson writes in the Wall Street Journal: “Some fast-moving computer-driven investment firms are getting an edge […]

  • The Garden
    Posted by on June 3rd, 2010 at 7:57 pm, Comments: 0

    I finished planting my garden this weekend.   Here’s the broad view: About 10 weeks ago, I started some Brussels sprouts, cucumbers, Anaheim peppers, and […]

  • Wednesday Links
    Posted by on June 2nd, 2010 at 3:21 pm, Comments: 0

    Some good reads today: 1) The Reformed Broker Josh Brown continues his hot streak with the witty “Zagat Sovereign Risk Reviews.“ “UNITED STATES:  Locals claim […]