Mortgage mob rule

http://econlog.econlib.org/archives/2012/02/foreclosure_pap.html

Oil and the macro economy. How far away is another slow down?

Golf and life are funny...and you funny too.

Lee Trevino....True story as told by him.

One day, shortly after joining the PGA tour in 1965, Lee Trevino, a professional golfer and married man, was at his home in Dallas , Texas mowing his front lawn, as he always did. A lady driving by in a big, shiny Cadillac stopped in front of his house, lowered the window and asked, "Excuse me, do you speak English ?" Lee responded, "Yes M'aam, I do" The lady then asked, "What do you charge to do yard work ?" Lee said, "Well, the lady in this house lets me sleep with her". The lady hurriedly put the car into gear and sped off.

Underwater dogs.

http://www.ritholtz.com/blog/2012/02/underwater-dogs/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+TheBigPicture+%28The+Big+Picture%29

John Taylor and his common sense machine. Credibility is on the line.

http://online.wsj.com/article/SB10001424052970204909104577236852645109964.html?mod=WSJ_Opinion_LEADTop

How many Chinese workers does it take to produce what one Americna worker produces? Answer: 9-10.

http://mjperry.blogspot.com/2011/12/un-data-china-is-now-worlds-no-1.html?utm_source=twitterfeed&utm_medium=twitter

This is just plain stupid...and I'm not happy.

http://online.wsj.com/article/SB10001424052970204880404577225493025537660.html?mod=WSJ_Opinion_LEADTop

You know when I bring out my "jack ass" photo I am disgusted. Well, I am disgusted. Raising the dividend tax rate to an effective rate of 64.1% is whacky. But here we go. Don't blame China or India or anybody else for the destruction of American jobs. The president is doing a fine job all by himself. He does not give a tinker's damn about economic growth or job creation. He only wants to create his idea of a utopian society where everyone is equal and those who have skills and education and therefore employment take care of the rest of society. We are just about there. He only needs to figure out how to raise tax revenues as a percentage of GDP up to 25%. I think you are seeing his answer. Start liking it because he is going to get re-elected in November. Then America will get everything it deserves for that vile act. "From each according to their abilities to each according to their needs". This could not possibly be a more apt description of policy today. No, it is not in the Constitution. Rather it is the main thesis of The Communist Manifesto.

Have a great day comrades.

Seems to be getting nasty "over there".

http://mobile.nytimes.com/2012/02/17/business/global/the-rest-of-europe-vs-germany.xml

Very bad.

http://johnhcochrane.blogspot.com/2012/02/fed-independence-2025.html

Caught in the frozen years.

I am not really happy with golf lately. Thinking of trying the following.

This is where the money went. Look at the first derivative of income shares since 1980.

http://johnhcochrane.blogspot.com/2012/02/where-your-money-goes.html?utm_source=feedburner

Here's the makings of the stimulus bill as it was unfolding for those who wish to rehash it.

http://s3.documentcloud.org/documents/285065/summers-12-15-08-memo.pdf

This is what I think....

IF...IF the president could see the larger picture and if he would adopt the parameters of the Bowles-Simpson plan, the election would be over right now...TODAY! Taxes would be off the table, the economy would shed the funk it is in, and Mitt Romney would be John Kerry, which is what I think is going to happen anyway.

Now...discuss.

Oh yea, and throw Keystone XL in there too.

Steve Williamson is one smart dude. This is some commentary on James Bullard's recent speech.

http://newmonetarism.blogspot.com/2012/02/three-views-of-state-of-economy_12.html

Four legs good...two legs better.

http://gregmankiw.blogspot.com/2012/02/semantics-at-highest-level.html

Valentine's for economists...from Carpe Diem and Mark Perry

http://fosslien.com/heart/

Doing the math...

I turned 52 yesterday. I have been at ECU now for 26 years. Doing the math that means half my life has been here in East Carolina. I thank everyone for their kindness in making this my home.

My wife asked if I wanted 52 candles on my cake? I told her she'd have to call the fire department if she did.

More on the gold standard...Nuts!

http://www.econbrowser.com/archives/2012/02/why_not_abolish.html

Too good not to share...from Mark Perry and the Carpe Diem Blog.

http://www.vatican.va/various/cappelle/sistina_vr/index.html


Left click and hold it down to move around and then use the + and - in the lower left corner to zoom in and out.

Wonderful photos of true Americana. Photo 58 is pure beauty.

http://extras.denverpost.com/archive/captured.asp

It's only the beginning.

http://online.wsj.com/article/SB10001424052970204136404577211280758375336.html?mod=WSJ_Opinion_LEADTop

Any questions?

http://www.econbrowser.com/archives/2012/02/value_added.html

Europe's problems...in a nut shell. Real informative and quick read.

http://conversableeconomist.blogspot.com/2012/02/europes-growing-imbalances-before-its.html

From the venerable Dr. Rothman. You really should read this, with glad tidings to our Canadian friends..

http://worthwhile.typepad.com/worthwhile_canadian_initi/2011/06/balance-sheet.html

The experts agree. Gold standard advocacy = economic illiteracy.

http://www.igmchicago.org/igm-economic-experts-panel/poll-results?SurveyID=SV_cw1nNUYOXSAKwrq

You gotta watch this! Unreal. Happy Super Bowl.

Adios 2011-12 duck season. No ducks, no weather, but good fun.

The Hammer tells it like it is.

http://www.washingtonpost.com/opinions/charles-krauthammer-syria--its-not-just-about-freedom/2012/02/02/gIQAYVhVlQ_story.html

Friedman on poverty...one more time. Click the play arrow. It runs.

More brilliance.

http://thehill.com/blogs/floor-action/house/205085-dems-propose-reasonable-profits-board-to-regulate-oil-company-profits

Look at this real cool debt road map. Click on a country. Unlike a bad porno film, in the end you know who has done what how many times to whom.

http://www.bbc.co.uk/news/business-15748696