Econintersect: Click Read more >> below graphic to see today’s list.
The top of today’s reading list says we fix Medicare by starting with Part D ……… and the last article says Obama wants to stabilize our finances but doesn’t know what that entails.
- Fixing Medicare: Start By Eliminating Drug Makers’ Sweetheart Deal, Not Benefits (Wendell Potter, Huffington Post)
- Will ETFs Vanquish Mutual Funds? (Jeff Schlegel, Financial Advisor)
- CHART OF THE DAY: Investors’ Attitudes Toward Corporate Cash Hoards Have Made A Major Bullish Shift (Sam Ro, Business Insider)
- The Importance of Excel (James Kwak, The Baseline Scenario) How the JPMorgan $6 billion happened.
- SIGTARP: Quarterly Report to Congress (Office of the Special Inspector General for the Troubled Asset Relief Program, 30 January 2013). TARP paid for itself? Not quite. More than $27 billion has been permanently lost and more than $40 billion additional still remains outstanding. As of 31 Dec 2012, including all expenses, losses and amounts still outstanding, taxpayers are out $71.5 billion.
- Philip Pilkington: Of Madness and Microfoundationsm – Rational Agents, Schizophrenia and a Noble Attempt by One Noah Smith to Break Through the Mirror (Philip Pilkington, Naked Capitalism)
- Buffet’s Favorite Valuation Metric Surges Over the 100% Level (Cullen Roche, Pragmatic Capitalism)
- Deficit-reduction disorder (The Economist)
- On cash hoarding (Izabelle Kaminska, FT Alphaville)
- Obama wants to stabilize our finances. Has no idea what that means. (Rodger Malcolm Mitchell, Monetary Sovereignty)
