February12,2009---AllDelayedbutGold
Ontheheadlines,overnightUShadtwindeficits,twoFEDspeakers,asuccessful10Yauctionandastimulusdeal.ButIthinkthemainfocusisonthebanks’CEOtestimonyovertheiruseofTARPfunds.Thisisacomicalbutsadeventasweallwanttoknowtherecordovertheuseofgovernmentfunds,butriskislaidonanalreadybearishmarketmood.Indeedovernightscorecardsshowedthisdelayedinvestoractions,asequitiesup0.6...[阅读全文]
子夜读书心筆
写日记的另一层妙用，就是一天辛苦下来，夜深人静，借境调心，景与心会。有了这种时时静悟的简静心态， 才有了对生活的敬重。
博文
(2009-02-11 17:58:07)
(2009-02-11 01:04:36)
fromeconomicimperialistanddynamiteprizewinnerGaryBecker
There'sNoStimulusFreeLunch
It'shardtospendwiseandspendfast.
WSJOpinionFeb10,2009
ByGARYS.BECKERandKEVINM.MURPHYHowmuchwillthestimuluspackagemovinginCongressreallystimulatetheeconomy?
Theevaluationstodatehavebeenincomplete,sowelookedatthelikelystimulativeeffectfromthespendingpartsoftheHouseandSenatebills--over$500billion--a...[阅读全文]
There'sNoStimulusFreeLunch
It'shardtospendwiseandspendfast.
WSJOpinionFeb10,2009
ByGARYS.BECKERandKEVINM.MURPHYHowmuchwillthestimuluspackagemovinginCongressreallystimulatetheeconomy?
Theevaluationstodatehavebeenincomplete,sowelookedatthelikelystimulativeeffectfromthespendingpartsoftheHouseandSenatebills--over$500billion--a...[阅读全文]
(2009-02-11 00:28:15)
TakingApartthe$819billionStimulusPackageThecenterpieceofPresidentObama'sdomesticagendaisan$819billioneconomicstimulusplan.TheSenatewillconsiderthemeasurethisweek,withaneyetowardtheamountoftaxcutsandspending.RepublicansandDemocratssparoverwhattoconsiderataxcut.AnanalysisbythenonpartisanCongressionalBudgetOfficetalliesthetax-cutportiontobesignificantlylessthantheone-thirdDemocratsclaimittobe.SOURCE:...[阅读全文]
(2009-02-10 23:33:24)
WhyObama’snewTarpwillfailtorescuethebanksByMartinWolfPublished:February10200918:06|Lastupdated:February10200918:06EDITOR’SCHOICEHasBarackObama’spresidencyalreadyfailed?Innormaltimes,thiswouldbealudicrousquestion.Butthesearenotnormaltimes.Theyaretimesofgreatdanger.Today,thenewUSadministrationcandisownresponsibilityforitsinheritance;tomorrow,itwillownit.Today,itcanoffersolutions;tomorrowitwillhav...[阅读全文]
(2009-02-10 23:18:45)
AdamSmithgetsthelastlaugh
ByP.J.O’Rourke
Published:February10200919:22
Thefreemarketisdead.ItwaskilledbytheBolshevikRevolution,fascistdirigisme,Keynesianism,theGreatDepression,thesecondworldwareconomiccontrols,theLabourpartyvictoryof1945,Keynesianismagain,theAraboilembargo,AnthonyGiddens’s“thirdway”andthecurrentfinancialcrisis.Thefreemarkethasdiedatleast10timesinthepastcentury.Andw...[阅读全文]
ByP.J.O’Rourke
Published:February10200919:22
Thefreemarketisdead.ItwaskilledbytheBolshevikRevolution,fascistdirigisme,Keynesianism,theGreatDepression,thesecondworldwareconomiccontrols,theLabourpartyvictoryof1945,Keynesianismagain,theAraboilembargo,AnthonyGiddens’s“thirdway”andthecurrentfinancialcrisis.Thefreemarkethasdiedatleast10timesinthepastcentury.Andw...[阅读全文]
(2009-02-10 23:14:26)
FinetNewswires-China美联储的部分言论
準备将资產支持证券贷款工具(TALF)规模扩大至高达1万亿美元；
TALF规模的扩大将拓宽合格抵押品范围；
特定抵押支持证券可能符合TALF扩张要求；
TALF的扩张将通过TARP融资；
将在2月晚些时候宣布TALF扩张起始日。美联储主席伯南克的部分言论
美联储对于市场对信贷工具的回应感到鼓舞；
商业票据项目取得了成功；
机构[阅读全文]
準备将资產支持证券贷款工具(TALF)规模扩大至高达1万亿美元；
TALF规模的扩大将拓宽合格抵押品范围；
特定抵押支持证券可能符合TALF扩张要求；
TALF的扩张将通过TARP融资；
将在2月晚些时候宣布TALF扩张起始日。美联储主席伯南克的部分言论
美联储对于市场对信贷工具的回应感到鼓舞；
商业票据项目取得了成功；
机构[阅读全文]
(2009-02-10 23:00:52)
TheOpen-DoorBailout
ByTHOMASL.FRIEDMAN
Published:February10,2009
Bangalore,IndiaLeaveittoabrainyIndiantocomeupwiththecheapestandsurestwaytostimulateoureconomy:immigration.
“AllyouneedtodoisgrantvisastotwomillionIndians,ChineseandKoreans,”saidShekharGupta,editorofTheIndianExpressnewspaper.“Wewillbuyupallthesubprimehomes.Wewillwork18hoursadaytopayforthem.Wewillimmediatelyimproveyo...[阅读全文]
ByTHOMASL.FRIEDMAN
Published:February10,2009
Bangalore,IndiaLeaveittoabrainyIndiantocomeupwiththecheapestandsurestwaytostimulateoureconomy:immigration.
“AllyouneedtodoisgrantvisastotwomillionIndians,ChineseandKoreans,”saidShekharGupta,editorofTheIndianExpressnewspaper.“Wewillbuyupallthesubprimehomes.Wewillwork18hoursadaytopayforthem.Wewillimmediatelyimproveyo...[阅读全文]
(2009-02-10 01:39:49)
***Awayfromeconomicsandpoliticsforonemoment***‘WhatIWantforYou—andEveryChildinAmerica'
ByPresident-electBarackObama
PublicationDate:01/14/2009
NextTuesday,BarackObamawillbesworninasour44thPresident.Onthishistoricoccasion,PARADEaskedthePresident-elect,whoisalsoadevotedfamilyman,togetpersonalandtelluswhathewantsforhischildren.Here,heshareshislettertothem.DearMaliaandSasha,
Iknowtha...[阅读全文]
ByPresident-electBarackObama
PublicationDate:01/14/2009
NextTuesday,BarackObamawillbesworninasour44thPresident.Onthishistoricoccasion,PARADEaskedthePresident-elect,whoisalsoadevotedfamilyman,togetpersonalandtelluswhathewantsforhischildren.Here,heshareshislettertothem.DearMaliaandSasha,
Iknowtha...[阅读全文]
(2009-02-10 01:25:53)
雾里看花的中国GDP数据中国的经济增速究竟有多快？或者，它是否还在增长？
许多经济学家和投资者越来越迫切地希望找到这些问题的准确答案，他们试图据此判断这个全球第三大经济体的发展趋势。目前尚不清楚中方的统计数据是否像部分经济学家长期认为的那样普遍不准确，甚至是受到刻意操纵。但至少可以说，这些数字有点让人拿不准。
AssociatedPress工人正在中国[阅读全文]
(2009-02-10 01:24:49)
中国着手挖掘农村消费潜力世界第三大经济体中国正转而开发低收入民众的消费潜力，以恢复经济增长速度，因为长久以来对中国出口产品需求旺盛的西方发达国家正在经历经济低迷。
作为近期一系列刺激国内消费举措的最新一步，中国政府周一出台了新的计划，以在农村零售行业创造就业机会、降低分销成本、提高产品质量、增加花色品种。中国商务部官员在一个新闻发[阅读全文]
