Wednesday, April 22, 2009
Facebook Brain Drain
More here.
Monday, April 20, 2009
Reflexive Rebound
full post here.
Negative Interest Rates
NY Times article here.
Thursday, April 16, 2009
Finally...
- are unable to fit into a single seat in the ticketed cabin;
- are unable to properly buckle the seatbelt using a single seatbelt extender; and/or
- are unable to put the seat's armrests down when seated.
Wednesday, April 15, 2009
Dubai is NOT Where it is At.
Full story here.
"On the night of December 31, 2008 alone more than 80 vehicles were found at the airport. "Sixty cars were seized on the first day of this year," director general of Airport Security, Mohammed Bin Thani, told DNA over the phone. On the same day, deputy director of traffic, colonel Saif Mohair Al Mazroui, said they seized 22 cars abandoned at a prohibited area in the airport."
Full story here.
Tuesday, April 14, 2009
Lehman Does it Again
It's sort of odd that Lehman is "sitting on 500,000 pounds" of yellowcake uranium. Not because it is odd for firms not directly in the business to own an interest in the element. This is quite common actually as uranium futures are actually traded now. What is unusual is that Lehman would seem to have taken physical delivery- a scenario which would imply licensing and a host of regulatory headaches that seem silly when you can trade cash settled futures contracts if you really want to play the metal. In any case, Lehman acquired the stuff "under a matured commodities contract." (Read: The contract expired and they were forced to accept physical delivery). Now they are stuck with a pile of the stuff in Canada- where no one wants it, and in a down market.
Doh.
Tax Freedom Day
Link.
Facts About Marriage
Full interview with Book Author here.
Book by Andrew Cherin here.
Spring
Book here.
Lobbying
In a remarkable illustration of the power of lobbying in Washington, a study released last week found that a single tax break in 2004 earned companies $220 for every dollar they spent on the issue -- a 22,000 percent rate of return on their investment.
The study by researchers at the University of Kansas underscores the central reason that lobbying has become a $3 billion-a-year industry in Washington: It pays. The $787 billion stimulus act and major spending proposals have ratcheted up the lobbying frenzy further this year, even as President Obama and public-interest groups press for sharper restrictions on the practice.
From Washington Post.
Trivia Question
Answer here.
Sunday, April 12, 2009
Friday, April 10, 2009
Thursday, April 9, 2009
Last 6 Books
- Catcher in the Rye
- Great Gatsby
- House of Cards
- American Psycho
- The Great Contraction, 1929-1933: Chapter Seven of Monetary History of the United States, 1867-1960
- The Brothers Karamazov
Wednesday, April 8, 2009
A Perishable History
Last week’s post talked about early-20th-century “egg gamblers” who bought eggs cheap in spring in order to sell dear in winter. Their kind of speculation proved not just controversial but also pretty risky, and ultimately doomed. Why?
Egg gamblers won only if they sold off their cold-storage stocks before fresh ones arrived in spring. They faced two major unknowns: housewives who sometimes protested egg “hoarding” with organized boycotts, and hens who might start laying earlier than expected. Because hens are acutely sensitive to shifts in daylight and temperature, all it took was a February thaw to set them off, sending egg prices plummeting.
Poultry farmers, meanwhile, just wanted to know how to get their own flocks to lay more eggs when fresh ones were scarcest and priciest. They knew that some chicken breeds laid a few more winter eggs than others, and that warm housing and a rich diet generally helped. But the most dramatic results came with the flick of a switch — literally. Read more…
Tuesday, April 7, 2009
Troubles for the Class of '09
Visit msnbc.com for Breaking News, World News, and News about the Economy
The Most Neurotic States
There is much more here on the geographic distribution of other major personality traits. The high conscientious people seem to cluster in the Plains. Openness is strong in the Pacific West, New England, Texas, and Florida. The upper Midwest dominates for extroversion.Monday, April 6, 2009
Internet Perusing
Friday, April 3, 2009
Wednesday, April 1, 2009
Sham Pow
Read more here.







