Monthly Archives: October 2010
The Economists convenient naivete
The Economist writes about News Corp’s push to acquire rest of Sky News: The idea that Sky News will be turned into a Murdoch mouthpiece is scarcely more plausible. The channel is subject to strict impartiality rules. And it is … Continue reading
Filed under Fox "News", Media
3 reasons Brett Arends op-ed doesn’t appear on WSJ
Is it any wonder he’s relegated to WSJ’s poor cousing, Marketwatch? In his latest piece he: Argues for retaliation against Chinese currency manipulation, including tariffs (gasp) Praises a democrat for trying to do something Laments manufacturing jobs loss and not … Continue reading
Filed under China, Conservative politics, Wankery
Marketplace on Sheriff Thomas Dart’s decision to stop foreclosures
Another instance of never foreclosing based on wrong information: RYSSDAL: I don’t imagine that you’re out there actually doing these foreclosures and evictions, but your deputies must come back and tell you stories about putting people out. DART: Unfortunately, I … Continue reading
Filed under Uncategorized
GOP/teanut platform: If our corporate overlords don’t like [insert whatever], we’ll [repeal | defund | impeach]
Fox News wants NPR defunded Rush Limbaugh wants healthcare reform repealed John Boehner wants to repeal financial reform Teanut wants to defund Supreme Court (via Political Animal) Teanuts want to impeach Obama Previous GOP/Fox News accomplishments: ACORN Anything else?
Filed under Batshit crazy, Courts, Morons
Do no evil (except evading taxes)
Because you know, its expected: The official U.S. corporate tax rate is 35 percent. Last month, Chris O’Brien of the Mercury News examined the tax rates of Silicon Valley’s biggest companies, including Google, and found that many of them were paying … Continue reading
Filed under Tax rates, Tax revenues
Peter Wallison & Chris Calomiris will explain how CRA & subprime borrowers tricked Spanish banks
Dealbook: The stress persists in Spain, despite the fact that banks passed the so-called stress tests over the summer. Lenders in the country, from the big Banco Bilbao Vizcaya Argentariadown to the small regional outfits, are in need of help The poor … Continue reading
Filed under Bankers, Corporate communism, Corporate cronyism, Financial meltdown, Spain
My favorite VC: Nick Hanauer of Second Avenue Partners
Is this so hard to understand? Techflash: Nick Hanauer “There is an argument being made that government is inefficient. And this argument is unassailable. It is unassailable. But every large institution is inefficient. Microsoft is inefficient. Boeing is inefficient. The … Continue reading
Filed under Infrastructure, Venture capital