Thursday, June 11, 2009

floats my boat

6-11-2009—If the Democrats enact a public-option health-insurance program, America is on the way to becoming a European-style welfare state. 00Karl Rove, WSJ A11

--Two years ago, America’s two publicly traded strip-club chains were thriving, reporting big sales gains, buying clubs on a nearly monthly basis and posting three- and four- fold stock price gains. Then the recession hit...—WSJ B1

Wednesday, June 10, 2009

6-10-09

6-10-09--...the director of financial aid gave the [admissions team at Reed College] another task: drop more than 100 needy students before sending out acceptances, and substitute those who could pay full freight [nearly $50,000 per year]. NYT A1
--GWB spent “a total of 490 days” in the tumbleweed isolation of Crawford—NYT A27
--Boomers to this year’s grads: We are really, really sorry. WSJ A11
--A larger reason for the shock and surprise [at the killing of Dr. Tiller, the Oklahoma bombing]—and this is true for the right generally—is this: The culture wars are not meant to be taken seriously. ... these are the ingredients of entertainment, not politics.—A13

Tuesday, June 9, 2009

6-9-09

STOCKHOLM (Reuters) - Sweden's Pirate Party, striking a chord with voters who want more free content on the Internet, won a seat in the European Parliament, early results showed on Sunday.

Sunday, June 7, 2009

6-7-09

6-7-09—Russia says dollar makes a poor reserve currency. NYT B3

Wednesday, June 3, 2009

6-3-09 WSJ headlines

6-3-09—China Firm to Buy Hummer
--Germany Blasts “powers of the Fed”
--Congress Helped Banks Defang Key Rule—WSJ A1

Tuesday, June 2, 2009

6-2-09

6-2-09—[Treasury Secretary] Geithner’s trip [to China] seems geared more towards winning the confidence of Chinese leaders. He is emphasizing mutual respect and trying to ensure that Beijing does not sour on the dollar or stop buying Treasury notes. NYT A6


--...in some traditional Swiss restaurants, well-known bankers have been booed out of the house; one brasserie even turned away an illustrious banker client. NYT A9

Monday, June 1, 2009

6-1-09

6-1-09—As the financial crisis entered one of its darkest phases in October, a handful of the nation’s largest banks began holding daily telephone sessions. ... Atop the agenda ... how to counter an expect attempt to rein in credit-default swaps and other derivatives...NYT A1
--Hospitals plan to begin a lobbying campaign this week to prevent Congress from including charity care requirements in legislation to overhaul the health system. NYT A11
--A hedge fund firm that reaped huge rewards betting against the market last year is about to open a fund premised on another wager: that the massive stimulus efforts of global governments will lead to hyperinflation. WSJ C1
--A bipartisan group of legislators is pressing the Treasury Dept. to close a loophole that has allowed banks to seize Social Security and disability benefits from customers’ accounts despite federal rules intended to protect these benefits from creditors. WSJ C1
5-29-09—The Vatican newspaper made a rare foray into sports, praising Barcelona’s triumph over Manchester United in the European Champions League final as a victory of creativity over athleticism. “Football, Finally,” was the headline in Thursday’s editions of L’Osservatore Romano. “Technique and creativity have had the better of athletic vigor,” the newspaper said.” NYT B15