News

msnbc.com:Study: Texting drivers 23 times more likely to crash Don't do it! Google Sells Stake in AOL, Loses $717 Million Au pair lockar i sämre tider - DN.se Swedish article. Everyone wants to be an Au Pair now in this downturn.…

The Sector Financial Balances Model of Aggregate Demand—Revised - Scott Fullwiler A great but dense analysis of the 1990s expansion and the present fiscal crisis Hotter weather fed growth of Incan empire - New Scientist Incan and…

Bernanke: 25 mega-firms are systemically vital - MarketWatch That's a lot more than the biggest banks we hear about Economist's View: From 1983: Health Care Reform in Canada Echoes of the debate today in the US Eliot Spitzer:…

Stop And Smell The Flowers -- The Scent Really Can Soothe Stress Japanese scientists have shown this. Comment: Why people don't act on climate change - New Scientist "People's attitudes towards climate change, even Pope's, are…

Bernanke Says Add Consumer Protection to Fed Mandate - Bloomberg.com You have to respect the chutzpah behind this. Audacious NAB raises $2b in oversubscribed placement Banks are getting capital everywhere. Buffett's $91,000 shares…

S&P upgrades CMBS to AAA week after downgrading to BBB- - Rolfe Winkler Inexplicable. Digg Stops Hijacking Your Twitter Links, Not Sorry About It Agree 100% with this post. Very untrustworthy. Department store sales slip 11%…

No Longer Alone, Ron Paul Fights the Fed - Real Time Economics - WSJ Paul's bill to audit Fed has 274 co-sponsors. Some bailout firms up lobbying spending in 2Q - Yahoo! Finance Increased lobbying plus climb in shares equals no…

The Best Bank You've Never Heard Of - Barrons.com "If you aren't familiar with Banco Santander yet, you soon will be. The Spanish giant is becoming one of the most profitable banks in the world." CIT near to sealing rescue…

Ex-Lehman traders to get huge bonuses - Observer Barclays is paying a lot for ex-Lehman staff bonuses Swiss call for tax watchdog - Observer Sink or swim in modern China - BBC News "China's economic roller-coaster divides a…

Peter Brimelow: Wall Street-Washington collusion? - MarketWatch Just my kind of article. Hat tip Marshall Auerback. Yao Ming likely out next season - NBA - Yahoo! Sports No Tracy McGrady or Ron Artest either Dismantling the…