Today, Stephen Roach said something obvious that I haven’t heard put quite this way: Insecure and scared workers tend take out their fears and frustrations on incumbent politicians.
Indeed they do. So if these bunch of half-wits we call a world-class legislature want to get re-elected, and we know they do, they will pander. [...]
I found this in one of the financial pages that I read on a regular basis.
For some reason, many of the fastest-growing, fastest talking communications tech companies in the nation have installed themselves in the techland paradise between Washington DC and Dulles Airport. Making our way to the airport last night, [...]
MSN has caught me completely by surprise. Usually, while the WSJ and CNBC are blowing productivity and GDP sunshine up everyone’s ass, CBS Marketwatch remains the model of pragmatism among major financial news outlets. Today, MoneyCentral at MSN has run an article about how an analyst, one Michael Belkin, who has been right [...]
Today, I found the following two headlines on the WSJ Online’s front page. At one point, they were right next to each other, at the moment, they are separated by one other headline.
First:
Motorola reported third-quarter earnings that were essentially flat with a year ago, as average prices for its cellphones fell. The company released [...]
No, not the dismal confidence numbers released today. I’m referring to some numbers I found in the Daily Reckoning.
But, keeping up with the Joneses can get rather expensive. The average consumer household in the U.S., according CNNMoney, carries $8940 in overall credit-card debt, holds 16.7 cards and owes $1363 per card. Likewise, the [...]
Dr. Kurt Richebächer has a short article in the Daily Reckoning (already re-posted all over the place) explaining exactly how the government has been jiggering employment numbers. I think most people are aware that the numbers are a very poor representation of the jobs situation, but I haven’t seen a short essay explaining it [...]
My level of disgust with the Washington Post has reached a new high.
Generally, I find their technology and business writing to be hostile to my employer. I don’t usually find it to be completely untrue, but it does always put the company in the worst light possible. AOL certainly did get up to [...]
I found this to be particularly humorous excerpt from Prudent Bear’s daily market wrap:
“I don’t have a choice but to invest,” the 51-year-old said. “If I don’t, I won’t be able to retire. I’m not necessarily perfectly at peace with it, but I feel like I don’t have any choice but to be in the [...]
I think that part of the strategy for Iraq has always been to draw the Al Queda people out of Saudi Arabia, where we can get at them. Thus, I particularly agree with this bit of an OpEd at the New York Post:
>On the contrary. We’ve taken the War Against Terror to our enemies. [...]
On the Wall Street Journal’s front page right now, I found this:
Palestinians vowed to round up those behind a Hamas suicide bombing that killed at least 20 people, including five Americans, and Abbas moved to sever all ties with Hamas and Islamic Jihad.
Don’t they do this every week now? Who *seriously* thinks there’s a [...]