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Links: 2009-10-28
Finance and Politics
All Debt is Not Created Equal: Government Debt is NOT the Same as Private Debt – Marshall Auerback
Must-read
Why rich college kids can sell dope and you can’t – Denver News
I have a slightly different take because I know that there have been a decent number of drug raids in the previously protected college scene. This is interesting, though. Hat tip, Yves Smith
Democratic donors rewarded with W.H. perks – Washington Times
This sounds dubious. Let’s see where it leads.
European Commission clears Northern Rock break up – Telegraph
Separation into good and bad bank
Debate on Deficits: A Reply from Rob Parenteau – naked capitalism
Must-read piece of economics
1920-21 and the Great Depression – The Austrian Economists
Allowing the money supply to fall isn’t painless. Allowing the money supply to fall in an environment of severe downward wage rigidity is VERY "not painless."
FT Alphaville- Switching banks: Learn to love the one you’re with
Examination of drivers for customers to stay put.
oftwominds: Housing: Round Trip to Pre-Bubble Prices Underway
75% down, 25% to go. Can we stop this?
FT Alphaville – In defence of Goldman Sachs
GS is lobbying the SEC on dark pools, HFT and so on
FiveThirtyEight: Somebody Buy Joe Lieberman a Puppy
Must read to see how politics work.
A Diary of the Great Depression – Paul Kedrosky
Fascinating but sad
Mish’s Global Economic Trend Analysis: PhD’s In Distress and the Unsustainable Cost of Education
must-read
Rolfe Winkler – Treasury is right to go long
Geithner may switch to more long bonds to lock in low rates.
Lenny Dykstra: Homeless Lenny Dykstra Doesn’t Have Money For Gas, Shelter But Could Live In Finest Home Money Could Buy, If He Felt Like It – Dealbreaker
Technology
Droid drops November 6 for $199 with contract
Looks like a huge win for Motorola
Sprint Drops Call Forwarding Fees With Google Voice In Mind
More spotlight on Apple and AT&T now
Consumer Review: The Best Smartphones On The Market
Get one!
Google Voice AIR App Keeps Voicemail and SMS on Your Desktop – Lifehacker
More reason this is a killer app
Google Voice (voicemail) now works with existing phone numbers
Portability is key. I see this as a killer app for Google, one reason Apple and AT&T killed it.
Get Adobe Lightroom 3 for free! (kinda)
Much more robust than Picasa
Distractions of the Day
Real Madrid thrashed by lowly Alcorcón in Copa del Rey
So Ronaldo, Casillas and Kaka were out. Still…
ITF ‘disappointed’ by Agassi’s drug admission – Tennis – Yahoo! Sports
You kind of sensed he was a bit hyped up back then
Pierce powers Celtics past Cavs in season opener – NBA – Yahoo! Sports
About Edward Harrison
Edward Harrison is the founder of Credit Writedowns and a former career diplomat, investment banker and technology executive with over twenty years of business experience. He is also a regular economic and financial commentator on BBC World News, CNBC Television, Business News Network, CBC, Fox Television and RT Television. He speaks six languages, a skill 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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