Author: CBPS
Responding to a Nuclear Emergency | Ministry of Economy, Trade and Industry (Japan)
Confusion Over Fate Of Inflation Reaches All Time Record: Are Bonds Actually Wrong? | zero hedge
This means that either consumers and bonds are at record odds over how they view the inflationary environment in the future, or that there is no real bond market in the short end
Confusion Over Fate Of Inflation Reaches All Time Record: Are Bonds Actually Wrong? | zero hedge.
Ben’s in a Bind | zero hedge
For the vast majority of American’s QE has been a dismal failure. Stock gains for the average guy were offset by losses in real estate. There was no wealth affect there.
Warren “…the Osama bin Laden of capitalism” Buffett Challenges Goldman Sachs | Dealbreaker
LAEDC Weekly Economic Update | LAEDC
* U.S. Retail Sales in February
* January U.S. Trade Deficit Widens for the Second Consecutive Month
* Consumer Credit in January
* California’s Budget Position in February
* Record High for California Exports
* Events of Interest
o April 3-5: UCLA Climate Academy Business Leaders Course
o May 18, 2011: International Trade Outlook
Enough Said
Weekly Economic Information | LAEDC
In this issue:
January State/Local Area Employment Reports
California’s Unemployment Rate Falls to 12.4%
Auto Sales Race Ahead in February
Global Economic Monitor
Events of Interest
* April 3-5: UCLA Climate Academy Business Leaders Course
The Testimony of Simon Johnson | Congressional Oversight Committee
“…Powerful people at the heart of our financial system still have the incentive and ability to take on large amounts of reckless risk – through borrowing large amounts relative to their equity.
There is an insularity and arrogance to policymakers around capital requirements that is distinctly reminiscent of the Treasury-Fed-Wall Street consensus regarding derivatives in the late 1990s – i.e., officials are so convinced by the arguments of big banks that they dismiss out of hand any attempt to even open a serious debate.
Next time, when our largest banks get into trouble, they may be beyond “too big to fail”. As seen recently in Ireland, banks that are very big relative to an economy can become “too big to save” …
…what the Bank of England refers to as a doom loop“.
Courtney Love Settles “Hosebag” Twitter Lawsuit for $430,000 | Seattle News
…designer Dawn Simorangkir, who’d had the nerve to ask her to pay for some clothing she’d bought. For that, Love called her a “nasty, lying, hosebag thief,” among other things. Simorangkir sued for defamation. And now Love has shelled out a sweaty wad of cash to make the lawsuit go bye-bye.
The grand total: $430,000.









