Archive - Jun 9, 2010 - Blog entry
Third World America?
Submitted by Leo Kolivakis on 06/09/2010 22:55 -0500While fundamentals are improving, serious long-term structural issues remain. Nowhere is income inequality growing more rapidly than among the elderly. Third World America has arrived. And unfortunately, it's not only an American problem.
Transocean CEO Does Bollywood At a Safety Meeting
Submitted by Static Chaos on 06/09/2010 21:58 -0500Transocean (RIG) President and CEO Steven Newman performed a dance--Bollywood style--at the company's 2009 safety review in Mumbai, 14 months prior to the Horizon incident.
Microsoft Debt Issuance Makes Zero Economic Sense
Submitted by Vitaliy Katsenelson on 06/09/2010 18:57 -0500
What's Ben Selling?
Submitted by Bruce Krasting on 06/09/2010 16:07 -0500I think he is selling hot air.
Futures charts; June 10th
Submitted by Cheeky Bastard on 06/09/2010 15:39 -0500Its that time of the day. Again. Futures charts + open thread + musical and literary recreation
Why Did The U.S. Refuse International Help on The Gulf Oil Spill?
Submitted by asiablues on 06/09/2010 11:33 -0500You would think if someone is willing to handle the Gulf oil clean-up with equipment and technology not available in the U.S., and finishes the job in shorter time than the current estimate, the U.S. should jump on the offer. But it turned out to be quite the opposite.
Nonsense in the MSM and Some Common Sense to Counteract It, June 9th 2010
Submitted by Reggie Middleton on 06/09/2010 11:16 -0500Some reality to go with your reported fiction?
British Petroleum: The Nuclear Option
Submitted by madhedgefundtrader on 06/09/2010 10:22 -0500All of BP’s efforts to date have really been “Hail Mary’s” doomed to failure. Bring in a small tactical nuclear weapon, or you can kiss BP goodbye.
It’s a lot easier than it sounds, and would probably work. It’s either that, or face the environmental equivalent of Chernobyl meets Katrina. (BP).
