vboring

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  • Petroleum Inventories come in much higher than expected. Crude +6.7M vs. consensus of +1M. Gasoline +3.3M vs. +0.75M. Distillate +1.8M vs. +1M. Feb. crude futures dive, -5.8% to $45.74.
    No, but Iran is getting excited about the Gaza conflict and could cut off oil exports in protest or degrade Iraq's exporting capacity - or threaten to do so.
    Jan 07 10:57 am |Rating: +1 0 |Link to Comment |View news story
  • The New Normal
    Japan has long dealt with stagnant and falling salaries. It is awkward, but possible.
    Jan 06 18:03 pm |Rating: 0 -1 |Link to Comment |View article
  • After having a go at Baidu.com (BIDU), and inflicting significant damage, CCTV now says Google China (GOOG) is also selling top-listed search-ad links to shady medical firms. China Yahoo (YHOO) and Sohu.com (SOHU) are implicated as well.
    The difference is that Google identifies the ads. Baidu mixes them in with the search results, so the user can't tell which results have been paid for.
    Dec 11 14:40 pm |Rating: 0 -1 |Link to Comment |View news story
  • The Case for Making Bigger Cars
    Yes, make safety, emissions, and design standards common with Europe.

    This includes eliminating the truck loop holes that allow them to meet lesser safety, emissions, and fuel economy requirements.

    The only problem being that making trucks function as cars without their loopholes would make them prohibitively expensive - and again help put Detroit out of business.

    Good for humanity, bad for the Domestics.
    Dec 09 12:37 pm |Rating: 0 0 |Link to Comment |View article
  • AdAge's Mike Vorhaus proves that despite web surfer's gripes with online ads, very few would be willing to pony up to get rid of them. More here.
    firefox with adblock plus.

    no cost, no ads. takes about 5 minutes to set up.
    Dec 08 13:14 pm |Rating: 0 0 |Link to Comment |View news story
  • Japan's own experience with the bursting of a bubble economy, a subsequent financial crisis and a recovery process could serve as a useful guide on how to contain the immediate impact of the financial crisis. (Taro Aso)
    Right, because Japan faced a worldwide asset bubble through discordant national action.

    Today's situation is unprecedented and possibly intractable with today's collection of federal banks + the IMF.

    Japan's response is irrelevant, because Japan's response was coordinated between the government, reserve bank, and leaders of big business. The world as a whole has no corollaries.
    Nov 14 15:29 pm |Rating: 0 -1 |Link to Comment |View news story
  • Bailout, Schmailout
    I'll never understand how $700B in loans to Banks is "responding to a free market crisis" and providing universal health care is "socialist."

    If we're honest, health insurance is a natural monopoly, just like utilities. And, just like utilities, free markets lead to abuse of the weakest party - the customer.
    Oct 29 18:14 pm |Rating: 0 0 |Link to Comment |View article
  • Look Out FDIC
    The FDIC exists to prevent unnecessary bank failures caused by runs on banks, not to prevent necessary bank failures caused by the failure of their business models.

    We haven't seen runs on the bank and likely won't.

    We will see many more bank failures.
    Aug 29 13:01 pm |Rating: 0 0 |Link to Comment |View article
  • Chrysler Considers Sale of Gas-Guzzling Dodge Viper
    Who would buy Viper now, when they can wait until Chrysler goes BK in a few months and buy it then for pennies on the dollar?
    Aug 29 12:55 pm |Rating: 0 0 |Link to Comment |View article
  • China and Starbucks' Late Stage Growth Obesity
    slow growth means revolution when millions of freshly educated unemployable young adults lose confidence that the government knows what it is doing.
    Aug 26 18:51 pm |Rating: 0 0 |Link to Comment |View article
  • Geologist: In Terms of Supply and Demand, the Oil Peak Is Past
    or a disruptive technology like nanosolar's makes energy virtually free (combined with nukes and coal for base load, obviously) and oil demand evaporates, making peak oil alarmists a thing of the past.
    Aug 22 13:47 pm |Rating: 0 0 |Link to Comment |View article
  • Opportunities in the Real Crisis: Water
    the point, so emphatically stated by user**** above, is that people consider access to water a right.

    so be careful of any company privatizing water supplies. Bolivia showed us what happens when you take something that people consider a right and try to turn it into a commodity.
    Aug 08 18:41 pm |Rating: 0 0 |Link to Comment |View article
  • Are IPOs Heating Up? A123 Files.
    A123 batteries rock the party. the B&D tools built around them are as powerful as corded tools and fully recharge during a coffee break.

    and they supposedly last for thousands of cycles.
    Aug 08 18:37 pm |Rating: 0 0 |Link to Comment |View article
  • Is the FHA Effectively Condoning Mortgage Fraud?
    it means that the buyers should be able to afford their loans. it also means that they have no skin in the game. so if the bet goes the wrong way, it is easy for them to ditch the property and let the FHA eat the losses.

    FHA does do real underwriting, right?
    Jun 25 11:15 am |Rating: 0 0 |Link to Comment |View article
  • An Energy Policy that Makes Cents (and Sense)
    incentives are ridiculous and open to perversion.

    just use the markets: cap and trade all CO2 production, including gas and diesel.

    the markets will find the most efficient answer.

    meanwhile, continue funding fundamental research no market would ever pay for.
    Apr 04 14:22 pm |Rating: 0 0 |Link to Comment |View article

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