Wednesday, August 17, 2011

@17:35, 08/17/11 4

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  • TimesPeople recommended a user:
    Aug 16, 2011
    lk
  • TimesPeople recommended a user:
    Aug 16, 2011
    mexicanrobot
    Paul Krugman missed on the bright side here.
  • TimesPeople recommended a blog post:
    Aug 16, 2011
    Our Crisis of Well-Being - Room for Debate
    We’re exhausted, we’re stressed -- and for relief we go shopping.
    Unionise and bargain effectively.   Job sharing is not going to happen.
  • TimesPeople recommended an article:
    Aug 16, 2011
    Schools Restore Fresh Cooking to the Cafeteria
    It is the mass preparation and the hold hot that bother me.
    Chili will take it. Other things don't do so well. Still it is better than frozen.
  • TimesPeople recommended an article:
    Aug 16, 2011
    BlackBerry Maker RIM Again Subject of Takeover Talk
    Pure speculation.
    buy some at what feels like a bottom.
  • TimesPeople recommended a blog post:
    Aug 16, 2011
    Perry Is More Conservative Than Bush Was - Room for Debate
    Perry’s embrace of the Christian right and his hard-line political stances would hand Obama another term. That’s why he wants to focus on the “jobs miracle” in Texas.
    There is no jobs miracle in Texas.
    http://krugman.blogs.nytimes.com/2011/08/16/more-about-the-texas-unmiracle/
    http://blogs.reuters.com/felix-salmon/2011/08/15/perrys-employment-record-in-texas/

    txpop.jpg
    You see the picture.  The words are at the links.


  • TimesPeople recommended an article:
    Aug 16, 2011
    Panama Adding a Wider Shortcut for Shipping
    I am not sure this will make much difference.
    I have bookmarked it and will give it an analytical read.
    The salt into Gatun lake confuses me.
    The Cyclic capacity of the canal is limited by the flow into the lake.
  • TimesPeople recommended a blog post:
    Aug 16, 2011
    The Problem: Home Ownership - Room for Debate
    The current overhang of bad mortgages limits our recovery, but resolving it presents the opportunity for radical reform.
    Adam S. Posen  not a central name in my studies.
    Looking at the essay:
    The Problem: Home Ownership.
    I don't see it.  Mortgage failure is closer to the problem.
    Dr. Posen wants price stability.  In a market this is not possible.
    Restructuring is blocked by the distributed nature of the debt and the doubtful and missing records.
    Punishing speculation is probably unconstitutional.
    I have no problem with ending the interest deduction on housing loans.
    I wonder why he wants to be gradual.
    "Set a minimum mortgage loan-to-value ratio and have it vary over the business cycle: A simple rule that all mortgage lenders must require a minimum 20 percent down payment would restrict both speculation and exploitation of consumers. This ratio should automatically increase in boom times, but never go lower."
    He is punishing speculation and moving toward an end of  mortgage purchase.  Probably unconstitutional.
    This is just noise.




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