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Friday, 12 October 2012

Friday, October 12, 2012
With a big assist from its mortgage division, JPMorgan Chase reported a record quarterly profit of $5.3 billion on Friday, another encouraging sign that the housing market is finally recovering from a collapse that has cost nearly 4 million families their home.
Here Is Paul Ryan's Most Misleading Statement From Last Night
'IS THIS A JOKE?' Europeans Bash EU's Nobel Prize
Mitt Romney's Hospital Comment 'Frightening' To Uninsured Woman
Family Time At The Ryans Could Be #AWKWARD
Anti-Obama CEO On Employees: 'They're Like My Children, And I'm The Jewish Mother'
Jared Bernstein: Guess What's Driving the Deficit?
Things that get into and out of the system, like the Recover Act and even the TARP, are not the things that drive the deficits.
John R. Talbott: The Ethical Investor: Wall Street Ripoff #7 -- In the Long Run, Equities Outperform Bonds
Investors have been lulled to sleep by the lullaby song of stockbrokers and bankers who croon that bonds are safe and that equities always outperform bonds in the long run. Wake up before another nightmare market crash shakes you violently from your peaceful slumber.
Mohamed A. El-Erian: Central Banks Can't Inflate Market Prices Forever
Central banks should be respected. And they can certainly counter air pockets, but not forever. Either fundamentals will improve or asset prices will fall. Which outcome we eventually see depends in large part on whether other government entities finally step up to their policy responsibilities.
Jason O. Kelly: The Public Eye on Private Equity
Mitt Romney's campaign for president dragged private equity into the public eye and turned the harsh spotlight of a presidential race on its practitioners. So much for that whole "private" thing.
Mark Cuban: My Opinion on the Governor Romney Tax Plan
After watching interviews of Governor Romney and the debates, both Presidential and VP, I'm starting to fully get my arms around how Governor Romney works and the details of his tax plan.

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