Friday, September 21, 2012

13:12, 9/21/12

.



Yesterday was miserable for me.
I had the wet day of a head cold and spent far too much time in city traffic.
Add to that a day without developments.


Paul Krugman is thinking about the collapse of the GOP campaign.

http://www.nytimes.com/2012/09/21/opinion/krugman-disdain-for-workers.html?partner=rssnyt&emc=rss

"The point is that what people are now calling the Boca Moment wasn’t some trivial gaffe. It was a window into the true attitudes of what has become a party of the wealthy, by the wealthy, and for the wealthy, a party that considers the rest of us unworthy of even a pretense of respect."

http://krugman.blogs.nytimes.com/2012/09/21/notes-on-the-political-economy-of-redistribution/

TPM thinks it is "Game Over".  We will not know before election day.
http://polltracker.talkingpointsmemo.com/

The Telegraph does not know what to make of their reports.
There is no combination of insolvent entities that is solvent.
I can't call the insolvent bankrupt.  Bankrupt involves a court ruling.

Debt crisis: Italy, Greece, Ireland leaders to meet in Rome - live

Rome attractions: what to see and do in winter  
Italy and Greece's prime minister meet in Rome as the Greek premier struggles to secure an agreement from his coalition on a €11.5bn package of budget cuts.
21 Sep 2012
| 113 Comments

Spain needs less money for banks than first thought - IMF chief

Christine Lagarde, the Managing Director of the International Monetary Fund, addresses a press conference at the Treasury in London Tuesday May 22, 2012  
Spain needs less money for recapitalizing its banks than widely believed, International Monetary Fund managing director Christine Lagarde has said.
21 Sep 2012
| 14 Comments

Banking must return to '19th century' principles

Customers of Northern Rock queue outside the Kingston branch of the company on Castle Street, in order to take their money out of their accounts  
Regulators should embrace historic principles of banking to prevent new financial failures, according to a report from the Adam Smith Institute.
21 Sep 2012
| 13 Comments

Spain risks break-up as Rajoy angers Catalan

Catalonian independence graffiti  
The ruling parties of Catalonia have sought guidance from Brussels on the legality of secession from Spain, requesting a “route map” for membership of the European Union and the euro as an independent state.
20 Sep 2012
| 359 Comments

Economic woes suggest Draghi Plan isn't enough to stem crisis

The “repatriation” of manufacturing to the UK could be thwarted by a lack of skills and capacity among small firms, according to academics.  
Private business activity in the eurozone plunged at the fastest rate in more than three years, while consumer confidence also sank, according to “dismal” economic data that doused hopes the European Central Bank bond-buying plan would unleash a wave of optimism.
20 Sep 2012
| 6 Comments

China's Wen Jiabao demands EU lift arms embargo

Wen Jiabao has used his last summit with the European Union to demand that Brussels lifts its arms embargo on Beijing in a move that doused hopes for a final economic boost from the retiring Chinese premier.
20 Sep 2012
| 1 Comment

Italy slashes economic growth forecasts

Italy slashed its economic growth forecasts on Thursday saying it was now expecting contractions of 2.4pc for 2012 and 0.2pc for 2013 due to "a deterioration in the international environment".
20 Sep 2012
| 23 Comments

ECB's new HQ will cost €200m more than thought

Final cost of twin-tower skyscraper could hit €1.2bn, official admits.
20 Sep 2012
| 98 Comments

Debt crisis: as it happened, September 20, 2012

Spain passed a second test of appetite for its debt this week, raising €4.8bn at an auction of three-year and 10-year bonds.
20 Sep 2012
| 425 Comments

Wen Jiabao chides EU over treatment of China

The EU-China annual summit got off on a sour note Thursday when Beijing raised long standing complaints over its treatment by the bloc even as both sides lauded the relationship.
20 Sep 2012
| Comment

Euro business output gloomiest in three years

Private sector business activity in the eurozone showed an eighth monthly decline in September hitting its gloomiest patch in three years, survey results showed on Thursday.
20 Sep 2012
| 2 Comments

EU and China meet in bid to solve trade row and debt crisis

European Union and Chinese leaders will try to bridge growing differences over trade and find common ground on tackling Europe's debt crisis at a summit in Brussels on Thursday.
20 Sep 2012
| 4 Comments

China manufacturing contracts for 11th month

China's manufacturing activity contracted for an 11th straight month in September, as factories struggled with weak demand and hard-to-sell inventories.
20 Sep 2012
| 40 Comments




Italy

% yieldChange1 month change
 
Italy 10-year bond		5.12%+0.011–0.54
 
Germany 10-year bond		1.58%–0.022+0.056
 
09/21/2012
Source: Reuters
The New York Time


U.S. and European Regulators Approve Universal’s Purchase of EMI

By BEN SISARIO and JAMES KANTER 1:11 PM ET
Chris Martin, lead singer of Coldplay, whose music is released by EMI. Universal is awaiting approval to take over the label.
Jacek Turczyk/European Pressphoto Agency
Chris Martin, lead singer of Coldplay, whose music is released by EMI. Universal is awaiting approval to take over the label.
The regulators backed a reduced version of the Universal Music Group’s $1.9 billion takeover of EMI music, saying concessions would ensure continued competition.

E.U. Antitrust Chief Warns Over Google Talks

By JAMES KANTER 16 minutes ago
BRUSSELS — The top E.U. antitrust regulator said there were limits to how much longer his office would try to negotiate a settlement with Google over its Internet search engine.

Outage Affects European RIM Customers

By IAN AUSTEN 12:10 PM ET
OTTAWA — Research in Motion said it had restored BlackBerry e-mail and other services in Europe, the Middle East and Africa after a technical problem.
DealBook

Standard Chartered Set to Sign Pact With New York Regulator

By JESSICA SILVER-GREENBERG 28 minutes ago
While Standard Chartered executives agreed last month to pay $340 million to settle claims that it moved hundreds of billions of dollars in tainted money and lied to regulators, the final details were not hashed out until Friday.

In Britain, Austerity Collides With Pension System

By LANDON THOMAS Jr.
LONDON — The desires of the British prime minister to cut the budget deficit are running up against a situation created over decades: the large number of public entitlements.
Offices in the European Central Bank headquarters, to be completed in 2014, will look out over Frankfurt and the Main River.

For the Euro, a Costly Shelter From the Storm

By JACK EWING
FRANKFURT — The European Central Bank's new headquarters reflect stability for the common currency but lack the austerity the bank preaches to countries like Greece and Spain.
Claims to the uninhabited islands known as Senkaku or Diaoyu are complicated by past bitterness and modern interdependency between China and Japan.

Sleepy Islands and a Smoldering Dispute

By MARTIN FACKLER and IAN JOHNSON
ISHIGAKI, Japan — A clash over contested territory has set off worries about the effect on business ties between China and Japan.
About New York
Viktor Sitnikov assembled a faucet at the Watermark Design factory in East New York on Thursday.

In Manufacturing Shift, Made in U.S. but Sold in China

By JIM DWYER 9:23 AM ET
A company in Brooklyn called Watermark Designs is making luxury plumbing parts, like faucets, and exporting them.

British Regulator Declares BSkyB ‘Fit and Proper’

By AMY CHOZICK and RAVI SOMAIYA
The announcement about Britain’s biggest satellite pay-TV group, British Sky Broadcasting, offered a victory for its largest shareholder, Rupert Murdoch’s News Corporation.
The Kindle Fire can be used for movies, games, and potentially anything Amazon sells, thanks to a built-in Web browser.

Wal-Mart Is Deleting the Kindle From Stores

By STEPHANIE CLIFFORD and JULIE BOSMAN
Retailers have been worried that displaying the new Kindles will encourage customers to browse in stores and then buy from online competitors instead, analysts said.
Premier Wen Jiabao spoke at a summit of European Union and Chinese leaders in Brussels on Thursday.

Wen Chides Europe on Arms Sale Embargo

By JAMES KANTER
BRUSSELS — Prime Minister Wen Jiabao said that China would help the European Union recover from crisis even as he criticized the bloc for keeping the embargo.
“I hope they call us back because they are really, really good jobs,” said Miguel Orobiyi, who was furloughed from Gamesa.

Tax Credit in Doubt, Wind Power Industry Is Withering

By DIANE CARDWELL
The American wind sector has been buffeted by weak demand for electricity, stiff competition from gas and uncertainty over a tax credit that has become a campaign wedge issue.
comment icon

Lasik is not a good solution.
The result is a fixed focal length.
Either reading or driving but not both.
It is cosmetic and properly so.
 
Credit is of no interest to me.
I will get a debit card for plastic money.

I have no interest in random dating.
If you want to communicate you can call or email.
Please do.
Sooner is better.  As soon as you can is best.

Satellite Internet is of interest. 
I see they list Dish.
Wikipedia is quite negative about Dish.
The lag time is not going to bother my text services.
The phone service would frustrate most users.
We should discus details in real time.

Pimsleur can make a beginning in ten days. 
One year olds have a beginning.

Such a loan is not required.
The terms are also prohibitive.

I do not yet need another car. 
I don't want to pay for new.  Repairable is important.

Blockbuster is owned by dish.  Netflix is probably a better deal.

Green Coffee Extract I suspect to be "snake oil".


.
Posted by at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)