Archive - Jul 9, 2010 - Blog entry

From next January increases in UK's private pensions will be linked to the Consumer Price Index (CPI) instead of the Retail Prices Index (RPI). Ministers insist the switch in the way annual pension increases are ­calculated was a technical change that would have ­little impact on incomes. But a backlash is spreading among pensioners, savers and experts who say it's another covert raid on the savings of Middle Britain.

Nice stuff ...

D'oh!

This is an excerpt from part two of a multi-part series on the companies vying for dominance during the 3rd major paradigm shift in personal and enterprise technology over the last 30 years. This one will be a biggie (not smalls) and promises to create an investment behemoth out of the winner and relegate the losers to relatively niche markets. This is saying a lot considering the size of the companies participating in the battle for the pole position. I created this series to provide a truly objective, truly informed, and truly analytical (from an empirical perspective) knowledge source on this very important intersection in personal computing and distributed media.

The ten year Treasury bond yields we saw at a stunning 2.91% are telling us that the government can borrow nearly infinite amounts of money at the lowest interest rates in history. The expiration of the Bush tax cuts next year and recovering economy will bring a return of tax revenues, eliminating 79% of this year’s deficit, even is Obama does nothing. This is the writing on the wall the bond market is attempting to focus our blinkered eyes on.