Mish's Global Economic Trend Analysis: New Auto Prices Fall At Record Rate (1)
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1 day, 5 hours
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hello deflation, my old friend. and so it begins.
'The Anglo Files: A Field Guide to the British' by Sarah Lyall - Los Angeles Times (2)
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1 day, 7 hours
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OUR FASCINATION with the British is Oedipal. "Murdering the King's English," my New England grandmother used to mutter in the face of bad grammar. (Clearly, it made no impression on me.)
Negative Momentum: Newspaper Ad Revenues Gaining Downhill Speed (Even Online Is Declining) (via Google Reader) (22)
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Erick Schonfeld (1594)
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TechCrunch (7485)
1 day, 21 hours
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Can it get any worse for the newspaper industry? The steep decline in print advertising just keeps getting steeper and, for the first time, even online ad sales have gone down. Total print ads in the U.S. were down 16 percent in the second quarter to $8.8 billion. That makes nine consecutive quarters in which “print revenues have declined at an almost continuously accelerating rate,” notes Alan Mutter at Reflections of a Newsosaur. He put ...
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iwein said:
YaY for the trees!
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Mr_RealSurf said:
cheerful reading (not!) for those of us who work for - or just love - print.
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bhc3 said:
"The newspaper industry took in $1.7 billion less in print ads during the second quarter than the year before For the first half of the year, the industry is down $3.1 billion. At this rate, there won’t be an industry left by the end of next year."
The Palin Peak (14)
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Biz (79)
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Twitter Blog (99)
2 days, 7 hours
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Governor Palin's speech at the Republican National Convention last night corresponded with a dramatic increase of tweets per second. This graph represents hourly update activity on Twitter over two days this week. Like hurricane Gustav on Monday, and Google's new browser launch on Tuesday, Palin's official nomination acceptance on Wednesday is another example of Twitter being used in real-time during a massively shared event. We continue to see increased activity during storms, earthquakes, breaking news, ...
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Andrew said:
Most of the tweets I read were pretty negative, e.g. "WTF is she talking about?!" :P
How Sarah Palin Is Like Ross Perot (And William Jennings Bryan) - The Plank (1)
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2 days, 22 hours
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The New Republic has done its fair share to invent and reinvent opinion journalism in this country. And we've had our share of success in the blogosphere.
Nerdvana chart of the day: Homes prices and income (4)
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Peter Viles (6)
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L.A. Land (6)
3 days
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Nerdvana: This graph, courtesy of Credit Suisse, shows the historical ratio of median existing single-family home prices to median family income in the United States. It suggests that, if the previous historical ratio of prices to income is meaningful, and lasting, home prices will continue to decline until late 2009 or early 2010. Those are big "ifs." I'll have more shortly on the accompanying Credit Suisse report. -- Peter Viles Your thoughts? Comments? E-mail story ...
September 4, 2008: Golden Gate Bridge refracted (1)
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Wikipedia Picture of the Day (2)
3 days, 4 hours
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Picture of the day The Golden Gate Bridge in San Francisco, California, as refracted through rain drops on the window of an automobile, which act as lenses. In optics, refraction occurs when light waves travel from a medium with a given refractive index to a medium with another, whereupon the wave's phase velocity is altered, causing the wave to change direction; its wavelength increases or decreases but its frequency remains constant. Photo credit: Mila Zinkova ...
Wachovia, Fitch & ‘The Pay Option ARM Implosion’ (1)
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admin (2861)
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Mr. Mortgage's Guide to the TRUTH! (2)
3 days, 8 hours
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Somebody has got it wrong. Very wrong. I have written about Pay Option ARMs to death over the past year and a half and now it is widely expected that there is no putting off ‘The Pay Option ARM Implosion’. Pay Option ARMs, in my opinion, were the most toxic loan program ever introduced and 99% of those borrowers in this program should have never been put into it. Wachovia, the single largest Pay Option ...
Sprint mothering (1)
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Jenn (16)
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Breed 'Em And Weep (8)
3 days, 8 hours
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My Beloved Back-to-School Daughters, Let it go down in history here, and not just in the Wal-Mart parking lot, that I love you more than my life. In the parking lot of Wal-Mart, as we exited the car (the one you call Ghostie), I told you both that I would never get over losing either of you if something terrible should ever happen. This was a continuation of Mommy’s Annual Back-to-School Safety and Courage and ...
FIRST THINGS: On the Square » Blog Archive » A Vote for Sarah Palin (2)
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3 days, 13 hours
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This is the stuff of real human love; this is the raw material of family life. And those who think that Palin’s beliefs and family struggles are funny or worth jeering at, simply reveal the venality of their own hearts.
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Dan Kearns said:
i also think its the real tragedy as well. what kind of democracy leaves u to vote for the greed and holy-roller party or the lust and elitism party? FDR, Truman, Johnson and then 40 years of fuckin' disaster.... I'm at the top of the cliff and have to choose a country-club Repub or 68er Dem to push off. I choose the Repub to go first, because business before pure fucking pleasure.
Obama ad slams McCain on abortion rights - Ben Smith - Politico.com (2)
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3 days, 14 hours
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Obama launches a broadside against McCain's opposition to abortion rights as McCain goes after female voters.
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Dan Kearns said:
paging DOUG KMEIC. call on line 1. u can take it after the knife is removed from ur back.
Georgians Eager to Rebuild Army - NYTimes.com (1)
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3 days, 23 hours
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Georgia’s military leaders hope to train the armed forces as if another war with Russia is almost inevitable.
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Dan Kearns said:
Burying the lede here. The real story is at the end with the story of the Georgian military's collapse. Wrong strategy, wrong campaign, wrong army= lose a war. :(
naked capitalism: Korea: On Verge of a Currency Crisis? (1)
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4 days, 7 hours
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Commentary on current economic and financial news.
Swap online-photo services with Migratr | Software news, tips and opinions from Download.com editors - Download.com (1)
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4 days, 8 hours
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A new, free application from developer Alexander Lucas lets you transfer all of your existing pictures on Flickr, Picasa, 23HQ, or SmugMug from one service to the other. Read this blog post by Peter Butler on The Daily Download.
Yes, Virginia – Creditors do sometimes get a vote … (1)
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bsetser (6)
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Brad Setser: Follow the Money (6)
4 days, 10 hours
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This is Brad Setser again. Thanks to Christian Menegatti and Rachel Ziemba for filling in when I was away. It is only fitting to return with one of my pet themes: central bank demand — or rather, the current lack of central bank demand — for Agencies. In August, central banks added close to $46 billion ($45.92b) to their custodial holdings of Treasuries at the New York Fed. In August, they reduced their holdings of ...
