Cat, I haven't gotten to Sec of Treas Hank Paulson, {fighter against socialism} books. or Alan Binder's After the Music Stopped:The Financial Crisis, the Response, and the Work Ahead, 2013, (WSJ reviewed, Jan 19). Title is a play on disgraced, Charles Prince's CE0 Citigroup (2003?-2007) comment on his leadership , "When the music is playing, you gotta dance".
Currently, The Generals: American Military Command from WWII to Today, 2012, Thomas Ricks.
-- Edited by longprime on Sunday 27th of January 2013 11:22:42 AM
Well, you got some great points on Washington, samurai, except for the sun. We would like more sun. But boy, when it comes out, everyone is out of the house! And it actually doesn't rain that much, just it would be nice if it was 70 degrees all winter long.
I don't know anything about this website, but I like this picture:
I see celebrities at Starbucks all the time, especially when meeting with clients in Santa Monica. . It isn't that great. Most of the time I know their names, but sometimes I just recognize them by face. We all have just as. Yech trouble finding a free table to sit and enjoy our caffeine.
I am looking forward to moving to Pacific Northwest because it has got to be a better quality of life with a scenic view than I have now.
Sunshine and smog. Too many cars and people. Houses too close to the ones next to you. No yards. High unemployment. Yep, Washington looks way better.
It's just funny, EK.
She does a great job skewering political correctness of all kinds , not just in Seattle. I've never been to Seattle, but I thought there might be some inside jokes there for residents that I could not recognize.
I'm disappointed in how it has progressed, though...
Best movie in ages ... Silver Linings Playbook -- loved it. If you're from Philly, I suppose you need to be able to laugh at your city, though .... ;)
-- Edited by hope on Saturday 26th of January 2013 06:07:06 AM
So tell me why is "Bernadette" a must read for Seattleites? Or is it a must read for people who moved to the northwest for a better job & mountains with snow but found that it's harder to impress Seattleites with name dropping of people/places/things so they stick to other newcomers who share their complaints about the hillbillies who aren't shocked by Bill Gates standing in line @ 7-11 for coffee anymore than they would recognize an Alexander Mcqueen at ten paces.
Many books have been written. Many movies and documentaries. Most recent was Bill Moyers Frontline on how high level executives have NOT been prosecuted for their inactions "fraud".
That's not really that forthcoming, longprime.
Yes, Moyers needs to keep the nuts stroked at the fact there are criminals out there. Rich ones that didn't make it off selling dope to the nut's kids but instead white collared their way right into the nut's wallets. First hand. And being that they're businessmen, they're de facto Republicans, probably the same that bankrolled GW's first and second terms just so they could make a killing stealing from the pure of heart.
And Moyers would probably waterboard you for this...
put too much money into the hands of the wealthy, who spent and saved
... since his audience prefers the storyline that the economy is never boosted by tax cuts for the wealthy.
Thanks, but I'm not interested in finance, lp. My husband and I made an unspoken decision when we first married and I stayed home with the kids not to obsess about money. Nor have I ever been capable of class envy--I really don't care how much others have. Regarding Frontline, I did enjoy "The Education of Michelle Rhee" a couple of weeks ago.
I have always read and watched movies and interesting documentaries, but I wasted several hours nightly listening to political discussions on tv. I am proud of myself for weaning myself off; I'm now at the point where I can't stomach any. I'm getting all the news I'm interested in getting via print.
Interestingly, someone recently started a thread on CC titled, "Sick of mainstream media, anyone?" I can relate. I have a hunch many members of the 47 percent especially have made the decision to tune out since the election.
Many books have been written. Many movies and documentaries. Most recent was Bill Moyers Frontline on how high level executives have NOT been prosecuted for their inactions "fraud".
Netflix is up because people such as myself are disgusted with the current farcical sham that is American politics/journalism. Currently watching the Swedish version "Henning Mankell's Wallander." Enjoying it greatly. Also reading "Where'd You Go Bernadette?" Great fun. Must read for Seattle-ites!
There are issues here, but they aren't about the "timeline" and "random or planned"... the issues are internal to the state department, and someone probably at the Undersecretary level should probably have lost their job.
We forget that a huge amount of productivity, value, and assets, vanished in 6 months August 2008-Feb 2009. Money can be destroyed. Perhaps W's tax cuts of 2001 annd 2002 put too much money into the hands of the wealthy, who spent and saved, thereby putting money into circulation and causing inflation.
I'll make a deal with you, longprime.
You share the reading material that put that one up where you pulled it from and I'll help you develop it a little more fully. Might even be able to add a few small twists to it so it's convincing even to the irrational skeptic.
-- Edited by catahoula on Thursday 24th of January 2013 02:20:48 PM
I did hear that banks settling a few issues were related, in no small part, to the lack of a prosecutable case against them. They'll pay nuisance money to the Treasury just as fast as they'll pay it to the guy that claims he slipped in the lobby, it seems.
That nuisance money should be called a partial Thankyou to the Taxpayers, for saving their skins. If you knew some of the loans that Washington Mutual and Countrywide made their loans... It was all fake money anyway.
Remember, Citibank, for their own accounts, leveraged 30:1 and bought loans that didn't make their own internal lending criteria not to mention Freddy or Fannie criterii. Normal banking has a 10:1 leverage. And we USAians guaranteed against failure when that 30:1 blew up.
"Housing inventory is down here in Houston, maybe all over except for garden spots like Detroit, but talking up unemployment numbers without nodding at how many people have left the labor force seems kinda pointless, longprime. Dishonest, even."
We have left the workforce, eligible for SS and taking care of parents. Appears that banks are accepting bids equal to or less than rental/apartment housing. Very attractive newer foreclosed housing just a dune away from the ocean. Slightly higher for view property, but not that much more.
Isn't the view that stocks will inflate as a consequence of money printing? If not that, then maybe it's simply because it looks like the borrowing will continue.
IMO:
Eventually. But while there is inflation, equities tend to trend down because stock prices must go down inorder to maintain or increase the dividend rate. Likewise for bonds. We saw this in the early 70's- 1980.
So what about this printing of money? We forget that a huge amount of productivity, value, and assets, vanished in 6 months August 2008-Feb 2009. Money can be destroyed. Perhaps W's tax cuts of 2001 annd 2002 put too much money into the hands of the wealthy, who spent and saved, thereby putting money into circulation and causing inflation. This family saved and invested what small tax savings we got, and thereby allowed banks and companies toover leverage their assets.
So where is all this deficit spending and money supply going- same places as always but just not as fast-"velocity" and just as not as strong "momentum"
watching rerun of Senate hearing on Benghazi -Hillary C.
US Senator Ron Johnson tried to press HRC on getting the facts correct immediately after attack. He's a amateur compared to HC. She more than held her own, and never did answer the question.
Sen McCain, was wordy, not good for a elder statesman.
Personally, the hearings are only going to make HRC more credible.
House hearing, was not kind to the House---Republicans looking bad.
I wonder how B and H make their marriage work? It will be a long time before USA make another couple like Bill and Hillary.
Isn't the view that stocks will inflate as a consequence of money printing? If not that, then maybe it's simply because it looks like the borrowing will continue.
Housing inventory is down here in Houston, maybe all over except for garden spots like Detroit, but talking up unemployment numbers without nodding at how many people have left the labor force seems kinda pointless, longprime. Dishonest, even.
I did hear that banks settling a few issues were related, in no small part, to the lack of a prosecutable case against them. They'll pay nuisance money to the Treasury just as fast as they'll pay it to the guy that claims he slipped in the lobby, it seems.
Hilary may very well get off with throwing a snit or two, all blamed on exhaustion and her health issues rather than her boss's kumbaya version of our rapport with the typical Islamist.
Netflix, as far I can tell, doesn't have the realtionship with content providers that they intimate they do.
That was an admirable job of chest thumping he did - that roughly only half as many people watched this time is probably something the permanent campaign might consider, as should the politicians that will be running on the 2016 ticket with... Biden? Mr. Simpatico?
It was all fake money anyway. 
