Obama

Dear Class of 2010, Here Are Your Job Options

To those of you who will be graduating next spring, use these five industries as your starting point for locating job opportunities. The upside for those engaged in bankruptcy, union labor, regulation, lobbying and big government will be nothing short of staggering.

Fiddling With Climate Change and Healthcare While Rome Burns

Dear President Obama, I did not vote for you last November as I’m not a “joiner” and faux-grassroots movements make me cringe (remember the Ross Perot scare of the late 80’s?). I doubt you will read this as it most certainly will not make Rahm Emanuel’s list of approved reading materials.  On the off-chance that…

Stimulus Was Meaningless For Jobs

The good professor has brought back an old chart that Obama’s econ team used to justify the stimulus package earlier this year and annotated it (in red) to illustrate how far the reality deviated from the projections. From Greg Mankiw’s Blog: When the Obama stimulus plan was proposed, the president’s economic team put out a…

Hot Links: ZeroHedge, Safire & Shamrock

Stuff I’m Reading this Morning… Cash hoard in money market funds still bulging: Investors have cash equal to 73% of the S&P 500’s net assets.  (Bloomberg) Must-read of the day:  New York Magazine tries to make sense of Zero Hedge.  (NYMag) Shamrock activists tussling with Texas Industries (TXI) in the midst of Obama‘s infrastructure whirlwind. …

Hot Links: Buffett vs HFT, Denninger vs Kneale, Iran vs Everyone

Stuff I’m Reading this Morning… Warren Buffett and Vanguard’s Jack Bogle come out against High Frequency Trading.  (ZeroHedge) Consumers deleveraging big time.  Not sure why this didn’t get more attention when announced yesterday, big story.  (FTAlphaville) Iran is getting close to a big nuclear breakthrough…maybe Obama should have lunch with them or something, maybe a…