Post Tagged with: "media"
The Job Guarantee, Kleptocracy and Blogging
A post about the job guarantee idea in the context of a historic economic crisis
Video: Warren Buffett on ‘Too Big to Fail’
Here’s more from Warren Buffett on CNBC this morning. This time he talks to Becky Quick about ‘Too Big To Fail’. CNBC host Joe Kernen takes sides with the Occupy Wall Street protesters and asks Buffett whether we can regulate them to “keep them honest” or whether we need to “break them up”. Buffett responds in the video below
On Eurobonds and Italian default
The bottom line is this: many in Northern Europe see this crisis as the result of the fiscal profligacy of bad actors which were known before the Euro’s existence to be bad actors. All of these countries except Spain have been running huge deficits throughout the last decade. In my view, Edward Hugh makes the right macro assessment – Italy is the elephant in the euro room, not Spain – and asks the right questions: Can Italy Grow Its Way Out of Debt? If it can’t, eventually Italy will default and the euro will be finished
What the Germans are reading
The front page of Germany’s top selling newspaper, Bild, “has forsaken its usual topless model in favor of gold bars… which the paper is giving away all day.”
The debt ceiling debate: view from Germany
Here’s what Germany’s largest daily newspaper Bild Zeitung has to say about the politics in the US around the debt ceiling
What Bernanke should have said?
These questions sound like Congress thinks the US will be the next Greece. And that makes them likely to turn the US into the next Japan. The Congressmen almost never ask questions. They are statements posed as questions to get Bernanke to back their ideological position. Here’s what Bernanke should do when he doesn’t want to answer questions. Why doesn’t he just do this: point to the debt ceiling debate and say to every single question he’s asked
On Dickishness
It may not have been the most felicitous choice of phrase, but Mark Halperin’s characterization of Barack Obama was not far off the mark, even if he did get suspended for it
Freedom of Speech in Pakistan and India
I feel the media in India has become quite complacent about the tawdry condition of free speech in India. All too often journalists can be warned off a seamy story by a tiny exercise of power or influence. All too often, the crooks are able to buy the loyalty of a journalist quite easily. There isn’t enough intellectualism going around, among the men and women in the media. Eshwar Sundaresan, writing in Dawn, says that India badly needs more journalists of the character of Pakistan’s Najam Sethi. This is one of many areas where India’s success in the last 20 years is leading to an erosion of the very foundations of that success.
Taiwanese Animation: How AOL snared HuffPo
In case you don’t have the time to read my text version of the AOL acquisition of the Huffington Post, here is the Taiwanese animated version
Some Nice Super Bowl Ads
Ozzy Osborne and Justin Bieber for Best Buy Volkswagen and Vader, Audi in Jail, and the New GoDaddy Diva Chrysler’s Imported from Detroit Eminem Ad
Kartik Athreya for Fed Chairman
Frederick Sheehan is the author of Panderer to Power: The Untold Story of How Alan Greenspan Enriched Wall Street and Left a Legacy of Recession (McGraw-Hill, 2009). Federal Reserve economist Kartik Athreya has written what all Federal Reserve apologists believe: "Economics is Hard. Don’t Let Bloggers Tell You Otherwise." This paper of June 17, 2010,
Other Alpha Sources
A post on the latest economics debates by Claus Vistesen Steve Waldman has a very good post this week about the folly about the austerity vs non-austerity discussion which seems to be going the rounds at the moment. In fact, it you take a mental picture of the current financial market discourse most arguments can