10:39 am
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Ранішняя мудрасьць ад thorion@lj Все управляющие фондов (mutual fund managers) считали, что нет необходимости бежать быстрее медведя, достаточно бежать быстрее остальных игроков. Hо медведей, однако, хватило на всех.
Current Music: Half Japanese - Charmed Life Tags: shmeconomy
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03:08 pm
![[User Picture]](http://lj.rossia.org/userpic/38424/2283) [Link] | Guess I'm not the only one comparing D vs R presidents' effect on economy: Despite 'market friendly' Republican policies, stocks rise more and volatility dips under Democrats.
what these numbers show almost beyond doubt is that Democrats are better at virtually every economic task that is important to Republicans
Data for the whole period from 1948 to 2007 [...] show average annual growth of real gross national product of 1.64 percent per capita under Republican presidents versus 2.78 percent under Democrats.
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05:30 pm
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Bernanke's speeches summarized Our financial system is sound. Our financial system is sound. Our financial system is sound. Our financial system is sound. Our financial system is sound. Our financial system is sound. Our financial system is sound. Our financial system is sound. Our financial system is sound. We may not have an economy on Monday.
thx screamager@deadjournal
Tags: shmeconomy
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04:52 pm
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Golden Arches Safer Than Uncle Sam? http://seekingalpha.com/article/97571-golden-arches-safer-than-uncle-sam Word on the street is that the credit risk of the Golden Arches are better than Uncle Sam.
VS. 
5 Year Credit Default Swaps on McDonald’s Corp are trading at 24 to 29bp while US Credit Default Swaps are trading 30bp. This means that it is more expensive to buy protection against a default of the US government than a bankruptcy of Mickey D.
Tags: shmeconomy
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09:49 am
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Representative Marcy Kaptur - Let's Play "Wall Street Bailout"
http://www.youtube.com/watch?v=S27yitK32ds Transcript: http://www.carrborocitizen.com/main/2008/09/25/for-the-record-92508/ For 30 years in one financial scandal after another, Wall Street game masters have kept billions of dollars of their gain and shifted their losses to American taxpayers. Once this bailout is in place, the greed game will begin again.
thx princeofspace
Tags: shmeconomy
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09:44 am
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FDIC May Need $150 Billion Bailout
It won't take many more failures before the FDIC itself runs out of money. The agency had $45.2 billion in its coffers as of June 30, far short of the $200 billion Whalen says it will need to pay claims by the end of next year. ... A federal takeover of Washington Mutual, which has assets of $310 billion, could cost taxpayers $24 billion more, according to Richard Bove, an analyst at Miami-based Ladenburg Thalmann & Co.
WaMu failed today (see my previous post). So after this FDIC will have half the money it had...
Tags: shmeconomy
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07:58 am
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Fun fun fun Today's email from WaMu: WaMu News | The holidays start today.
Today's news: JPMorgan Buys WaMu Deposits; Regulators Seize Thrift
Tags: shmeconomy
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12:17 pm
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Patrick on Bailout The Federal Bailout by Governor Deval Patrick I have mixed feelings about the bailout. ( Read more... )
Tags: shmeconomy
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12:21 pm
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Republicans are good for economy? Let's assume the president does affect the economy. Let's assume Dow Jones is valid approximation for the economy status. Let's assume CPI is a valid approximator for inflation. Let's take the Dow-Jones values at the beginning and end of presidents' terms and compare how Democratic presidents do vs Republicans. (I took DJIA values from http://finance.yahoo.com/q/hp?s=^DJI ; CPI numbers from http://inflationdata.com/inflation/Consumer_Price_Index/HistoricalCPI.aspx - all of them January numbers except August for 2008)
The results are - during the 7 Republican terms (Nixon, Nixon/Ford, Reagan, Reagan 2, Bush, Bush Jr, Bush Jr 2) DJIA multiplied by 3.667; during the 5 Democratic (JFK/LBJ, LBJ, Carter, Clinton, Clinton 2) - by 4.765; the CPI-adjusted DJIA multiplied by 1.088 under Republicans and by 2.184 under Democrats. So the end result is - any growth caused by Republican presidents is eaten by inflation caused by their excessive spending. Party of small government, indeed.
Google Docs: http://spreadsheets.google.com/ccc?key=pFVTZ52OE49aMajFkth64Ww&hl=en Original spreadsheet: http://syarzhuk.victoryware.com/images/lj/DJIA.xls
Tags: shmeconomy
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11:13 am
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RBS issues global stock and credit crash alert http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/06/18/cnrbs118.xml
thx princeofspace
Current Music: NPR: Gogol Bordello in Concert Tags: shmeconomy
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02:58 pm
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Rice stash to ease dollar crash Крывавая зграя Буша-Чэйні намагаецца распачаць вайну зь Пэрсыяй, страляе ў пэрсыдзкія караблі. Нафта скакнула да $119 за галён барэль
Тымчасам народ пайшоў рабіць запасы мыла, солі, запалак і рыса Wal-Mart's Sam's Club Restricts Purchase of Some Rice
Tags: shmeconomy
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04:00 pm
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Зато мы делаем ракеты Toyota Passes Ford As 2nd-Biggest Auto Seller in US in 2007, Ending Ford's 76-Year Lock Ford, Jaguar's owner, might sell the British luxury car brand [Jaguar] to an Indian firm. Two of the three firms that Ford has shortlisted as potential purchasers are Indian: Mahindra & Mahindra and Tata Motors.
Tags: shmeconomy
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07:40 am
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Скоро Америке кирдык будет? When I start seeing rap stars flashing euros instead of U.S. dollars, I know our economy is in trouble. Is Jay-Z signaling a recession?
thx screamager
Imported event Original
Tags: shmeconomy
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10:35 am
![[User Picture]](http://lj.rossia.org/userpic/38424/2283) [Link] | Sales of existing homes plunged by a record amount in September as turmoil in mortgage markets added more problems to a housing industry in its worst slump in 16 years.
Imported event Original
Tags: shmeconomy
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10:35 am
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Пачынаецца / It's starting up Home Foreclosures Doubled in September on Loan Rates
Update: United States of Subprime
Imported event Original
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