Links: 2010-01-29
Banks
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Economy and Finance
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Today’s Bread & Circus feature: Gekko is Back but is he still greedy? (trailer below)
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Banks
Greece
Economy and Finance
Politics
Other
Today’s Bread & Circus feature: Gekko is Back but is he still greedy? (trailer below)
Edward Harrison is a senior Editor at Bloomberg. He is also the founder of Credit Writedowns newsletter, a former career diplomat, investment banker and technology executive with over twenty five years of business experience. He speaks six languages and reads another five, skills he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.
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Reading the Times article, Growing Underclass: Jobs Gone Forever, one can’t help but be reminded of the inane and crassly insensitive showboating of the State Of The Union Address and the disingenuous pass ventured by our prevaricator in chief at a supposedly enduring solution: Support for community college education. Any idiot today knows that calls from politicians for assistance to the higher education are simply pass-throughs to the six-figure bureaucrats and professors that inhabit these precincts. Education for what, may I ask? For jobs that don’t exist and will never exist, jobs that are being provided to foreign workers on visas? Create the jobs first and then educate people to fill them, for God’s sake! One day the people are going to try the political filth that dress up and disseminate preposterous consmanship of this kind. It is of a piece with the type of mortgage contract that you may have purchased from those that have filled their campaign warchests.
Self-congratulation on recovery isn’t scoring points with anyone. I don’t know why Obama and his people do it?