al-shaf

Priming the Pump for $20/Gal. Gas: Interview with Chris Steiner

This article seems like a left-wing pipe dream... hoping for high gas prices (to save the planet...) and the demise of Walmart (the evil anti-union sweat shop). That's what the author appears to want, and he's put together a scenario where he thinks it will play out. Unlikely to happen, though.

Joe Nocera thinks the government's new program to address compensation issues at big firms falls short. Matthew Yglesias agrees, and makes a case for Brad DeLong's Silicon Valley model, in which executives - radically - are rewarded for performance, not for sticking around.

Just exactly WHY is it the government's business what executives at "big firms" make? The answer for you Marxists is that it's NONE of the government's business. This was one obvious to the majority of people in this country... but the election of Obama proved that the country has lost its principle, if not its mind.

What role do America's lazy pupils and grossly underachieving school system play in shaping the economy? "They still find it hard to believe that all those Chinese students, beavering away at their books, will steal their children's jobs." (The Economist)

Apparently a lot of the statistics in this article regarding the Swedish and Korean school systems are incorrect (read the comments posted to the article). In my opinion the author of the Economist piece is just creating data to vent his anti-Americanism.

Rick Santelli: 21st-century Samuel Adams - or astroturfer?

Santelli is right on the mark. It's funny how the left-wing scum scream like stuck pigs when they're taken to task for their marxist bullcrap. This playboy hit piece its just what you'd expect from these hypocritical port-merchants.

The Economy, And Why It's Taking So Long to Fix It

Yea, and it could be the government, specifically the Democrats like Barney Frank, who opposed ANY regulation of the home mortgage GSE's so that lots of unqualified "poor" folks could buy expensive houses...


On Feb 27 05:15 PM Thadeus Thornton III wrote:

> ---> "The Housing Bust. We know now that we’ve been living through
> a classic bubble in the housing market, where frenzied buyers sensing
> a rush bid prices far higher than they should have gone. So the market
> crashed. And now everybody wants to know when home prices will stop
> falling. " <---
>
> Yes, well, it couldn't have been the Real estate and banking crowd
> that encouraged this kind of irrational exuberance could it? Granted,
> I wouldn't have paid $560,000 for a 1400 sq/ft, 1960s ranch home
> in San Diego. But people DID have to live somewhere. Where were the
> regulations to rein in this kind of risky loan making and home valuation?

Julian Robertson: Some Buying, but Bearish on the Economy

Whoo... Pretty negative and bitter. You must have gotten burned on the short side today...

U.S. Unemployment During Recessions and Expansions

Unemployment rate: The ultimate lagging indicator of a recession...

Bill Gross: If Housing Prices Decline Further, So Does the Economy

TommyG is correct. Socialism is evil. Lefties like Gross need to deal with it...

6 Reasons the Market Should Bounce Here

While I don't find that your article itself makes a compelling case for a "bounce", I do find the extremely bearish sentiment (as expressed, for example, in people's comments to your article) quite bullish!

Also, I predict that if we are down big tomorrow (Dow > 300), uncle Ben will move...

If You Like Solar, LDK Is a Good Bet

It's "polysilicon" not "polysilicone"...
silicon is used to make solar cells and semiconductors,
silicone is used for things like breast implants...

Miracle: Bush To Part The Bankrupt Sea

Your basic thesis is correct. The sub-prime mess will NOT be allowed to derail the economy. I don't see how shorts will get any sleep when they know they could wake up to a 50 basis point cut in the morning...