thehourlyg.blogspot.com
The Hourly G: IBG, YBG
http://thehourlyg.blogspot.com/2011/02/ibg-ybg.html
A Blog About Finance, Economics and the Foolishness That Results. Wednesday, February 16, 2011. The New York Times. The first on-the-record interview of Bernie Madoff since being jailed. Madoff—he of the famed multi-billion dollar Ponzi scheme—said something ved interestink about the banks he had to deal with:. 8220;They had to know,” Mr. Madoff said. “But the attitude was sort of, ‘If you’re doing something wrong, we don’t want to know.’ ”. Just a few days ago, the Wall Street Journal. The tacit inferen...
thehourlyg.blogspot.com
The Hourly G: NOON CARTOON: A Paul Krugman Template
http://thehourlyg.blogspot.com/2011/02/noon-cartoon-paul-krugman-template.html
A Blog About Finance, Economics and the Foolishness That Results. Wednesday, February 16, 2011. NOON CARTOON: A Paul Krugman Template. Ripped off wholesale from the Economics of Contempt. A Paul Krugman Post [Template]. I'm troubled by this statement from Obama:. Insert extremely broad, generic presidential statement about the economy.]"In effect, what Obama is saying is: [insert Ridiculous Proposition, completely unrelated to above statement by Obama]. Go check out the Economics of Contempt. On Egypt Cr...
thehourlyg.blogspot.com
The Hourly G: NOON CARTOON: Jeffrey Sachs Interview
http://thehourlyg.blogspot.com/2011/02/noon-cartoon-jeffrey-sachs-interview.html
A Blog About Finance, Economics and the Foolishness That Results. Tuesday, February 15, 2011. NOON CARTOON: Jeffrey Sachs Interview. A really fascinating interview with Jeffrey Sachs, who basically says what everyone knows, but which the mainstream media does not report: That both the Democrats and the Republicans are in the back pockets of the wealthy, who are essentially forcing both parties to cut government until there is nothing left, rather than raise taxes. February 15, 2011 at 1:55 PM. The propos...
thehourlyg.blogspot.com
The Hourly G: UK Economy Shrank 0.5% in Q4
http://thehourlyg.blogspot.com/2011/01/uk-economy-shrank-05-in-q4.html
A Blog About Finance, Economics and the Foolishness That Results. Tuesday, January 25, 2011. UK Economy Shrank 0.5% in Q4. The data point of the morning: The UK economy shrank 0.5% in Q4. Of 2010, compared to a 0.7% growth in Q3 of last year. The bad Q4 number is being blamed on the bad weather by government officials. Yeah, right. On top of it all, government borrowing rose to a record high level in this past November, though it has pulled back some. January 25, 2011 at 10:33 AM. The World Is Sinking!
thehourlyg.blogspot.com
The Hourly G: Real Hourly Earnings Dropped
http://thehourlyg.blogspot.com/2011/02/real-hourly-earnings-dropped.html
A Blog About Finance, Economics and the Foolishness That Results. Thursday, February 17, 2011. Real Hourly Earnings Dropped. Not so touted as the inflation number, today the Bureau of Labor Statistics (BLS) also released its report. On real earnings and wages. Was it a blip? Or was it the start of a trend? February 23, 2011 at 11:56 AM. Hey man you cant give us 2/3 of a novel and two months of solid blogging and then just stop. At least finish posting the Trooper! February 23, 2011 at 1:06 PM. February 2...
thehourlyg.blogspot.com
The Hourly G: Two Views on The Bernank
http://thehourlyg.blogspot.com/2011/02/two-views-on-bernank.html
A Blog About Finance, Economics and the Foolishness That Results. Friday, February 4, 2011. Two Views on The Bernank. This morning, there are two radically different views on a speech Federal Reserve chairman Ben Bernanke gave on Thursday—the view from the mainstream media in the United States, and the view of the mainstream media in the rest of the world. Ride ‘em, Cowboy. Bernanke’s vehement denial of the obvious is what the media in the rest of the world is talking about. The New York Times. In remark...
thehourlyg.blogspot.com
The Hourly G: Inflation Rises in the UK and China—Oh My!
http://thehourlyg.blogspot.com/2011/02/inflation-rises-in-uk-and-chinaoh-my.html
A Blog About Finance, Economics and the Foolishness That Results. Tuesday, February 15, 2011. Inflation Rises in the UK and China—Oh My! The BBC is reporting. This morning the rise in UK inflation:. The UK Consumer Prices Index (CPI) annual inflation rate rose to 4% in January, up from 3.7% in December, as the effects of the VAT rise were felt. Higher oil prices also meant inflation remained well above the 2% target. Meanwhile, inflation in China is rising as well. According to. Asian economies, with ris...
thehourlyg.blogspot.com
The Hourly G: Big Silvio in Real Trouble?
http://thehourlyg.blogspot.com/2011/02/big-silvio-in-real-trouble.html
A Blog About Finance, Economics and the Foolishness That Results. Tuesday, February 15, 2011. Big Silvio in Real Trouble? Was short and stark, serious like a heart attack:. An Italian judge has ordered Premier Silvio Berlusconi to stand trial on charges he paid for sex with a 17-year-old girl and then tried to cover it up. Judge Cristina Di Censo handed down the indictment Tuesday. The trial is set to begin April 6. They are collectively known as the PIIGS. Ordinarily, sexual politics wouldn’t infl...
thehourlyg.blogspot.com
The Hourly G: Gird Your Loins!! Final UK Inflation Number for 2010 is . . . 3.7% . . . and Rising.
http://thehourlyg.blogspot.com/2011/01/gird-your-loins-final-uk-inflation.html
A Blog About Finance, Economics and the Foolishness That Results. Tuesday, January 18, 2011. Final UK Inflation Number for 2010 is . . . 3.7% . . . and Rising. The inflation shock today comes from the UK—quoth the Telegraph. The official measure of inflation [in the UK] showed that prices rose 3.7pc in the year to December. Up from the previous month's 3.3pc rate as the soaring cost of oil drove the biggest monthly increase on record. This all is happening even as housing prices in the UK are slumping.
thehourlyg.blogspot.com
The Hourly G: NOON CARTOON: If Only This Were True About Economists
http://thehourlyg.blogspot.com/2011/02/noon-cartoon-if-only-this-were-true.html
A Blog About Finance, Economics and the Foolishness That Results. Tuesday, February 8, 2011. NOON CARTOON: If Only This Were True About Economists. 8220;I see soft third quarter earnings . . . For you, and for your little dog too! If only this were true about economists: AP is reporting. That Romania will fine witches who make wrong predictions. Would we all be happier? February 8, 2011 at 2:07 PM. Accountability makes everything better. February 8, 2011 at 5:52 PM. February 8, 2011 at 10:43 PM. The witc...
