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JakilaTheHun (99.92)

The Hun's News Invasion, Jan 7th



January 07, 2010 – Comments (5)

The Hunnish horde invades CAPS once again with news stories ransacked from all over the globe!  

(That's all I got for an intro this week, so you'll just have to live with it ;) )


--- CHINA ---


China Unexpectedly Raises Key Interbank Interest Rates

Link - Wall Street Journal

Good move by China.  To me, it seems clear they have a real estate bubble on their hands and need to make some moves to take some air out of it. 


China to Tighten Credit Policy versus Speculation

Link -

Ditto.  But I don't know that this will be enough.  


GM's China Boom

Link -

Who would've thought that Buicks would become a huge hit in China?  


--- General Business/Economic/Policy ---


US Now a Renters' Market

Link - Wall Street Journal

No surprise here.  


Bernanke Didn't Cause Credit Crunch; Securitization Did

Link - Seeking Alpha 

Good article; not sure if I totally agree with it, but any intelligent viewpoint should get out --- or at least, that's my belief.  Very well argued one way or another. 


Pimco Outlook for 2010

Link -  Pimco

Self-explanatory; good read.  


Sears Earnings Well Ahead of Projections

Link - Reuters

I wouldn't normally post earnings numbers here, but this has turned out to be somewhat of a big story.  Sears pretty much obliterated estimates.  Stock is up heavily today.  Not sure what this means (if anything).  Does it mean retail is recovering?  Does it mean that Eddie Lampert is having success turning Sears around?  Is it an anomaly?   I'm not sure.  I'm actually tempted to red thumb SHLD here on CAPS, but I guess you could say that I'm relunctant to do that because I actually believe that Sears/K-Mart can be turned around. 


"Non-Lobbying":  The New Frontier in Lobbying

Link - Huffington Post

Lobbyists essentially exploiting loopholes so that they don't have to be classified as "lobbyists."  Surprise, surprise.  What's amusing about this is that these slimebags try to make it out as if they are leaving 'lobbying' for a more noble cause, when they are actually being even slimier than their "lobbyist" peers.  


FOX News Anchor Brit Hume Says Tiger Should Convert to Christianity

Link - Huffington Post

Maybe FAUX News can add "The 700 Club" to its line-up next.  How on Earth does anyone take this network seriously?  If nothing else, they are giving "The Daily Show" an endless amount of material lately. 


Whole Foods CEO a Climate Change Denier?

Link - Huffington Post

If this were the CEO of just any company, I'm not sure it would be news.  What makes it news is that it's the CEO of Whole Foods, a company that largely sells overpriced foods to Yuppie liberals with too much money to spend.  There's already a boycott of Whole Foods over the fact that the CEO condemned Obamacare; which I find kind of silly because many people on the left oppose it, too.  This has attracted less media attention, but would theoretically seem to be a bigger deal since most Whole Foods shoppers presumably believe they are doing what's best for the environment (whether this is true or not is completely debatable).  It's food for thought, at least. I question how Mackey continues to survive as CEO, but one writer has speculated its because of his relatively low pay for a CEO of his stature.


Food Policy in the UK

Link - BBC

An interesting read that seems to summarize a lot of developments on food policy in the UK.  


---- Android vs. iPhone ----


Google Disrupting Mobile Phone/Carrier Sales Model

Link -Business Insider

Android vs. iPhone?:  Wrong Question

Link -

Will Google Unlock the Cell Phone Industry

Link - Seeking Alpha

I don't own a smartphone and quite frankly, I have no interest in one.  No way I'm paying $200+ for a phone!  But I do continue to watch this story because it's of great interest to me.  I want to see how this is all going to unravel.  Who does Android really hurt?  RIMM?  NOK?  MOT?  AAPL?  No one but GOOG?  

There's also the 'what will hapen to AAPL' question.  Will Android's rise trim AAPL's margins and hurt their profitability?  Will Android largely not hurt AAPL?  Will Android destroy AAPL's margins, but AAPL's increases in market share make those declining margins irrelevant?  I'm not sure.  It will be interesting to see how this all evolves over the next 5-10 years.  


---- Science ----

Microbes Survive 30,000 Years Inside Salt Crystal

Link -  New Scientist

No comment on this one; but interesting.


Boat Could Explore Saturn Moon, Titan

Link - BBC

I'm a huge proponent of exploring Titan and Europa, the two spots in this solar system that I believe have the greatest prospects for life, so this story definitely interests me.  


Has Dark Matter Finally Been Detected

Link - The Guardian (UK)

Another interesting read for those who follow science issues. 


---- Other ----

Cramer on Saving for Retirement

Link - Seeking Alpha (via Cramer's "Mad Money")

Surprisingly good advice from Jim Cramer on saving for retirement.  I'd almost label this a must-read as an Intro to Retirement Savings. 


Err on the G-Spot

Link -  BBC

An article on the "rise" and "fall" of the G-spot?  Actually, the articles discusses the historical arguments surrounding the elusive G-spot's existence.  



That's all for now!

5 Comments – Post Your Own

#1) On January 07, 2010 at 1:15 PM, chk999 (99.97) wrote:

On the page with the Dark Matter story is a link to a video of the anti-kytheria device. That is worth a look as well.

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#2) On January 07, 2010 at 1:15 PM, JakilaTheHun (99.92) wrote:

One final one, but this one was from back in December:


Naked Cyclers Receive Warning for Lack of Headgear 

Link - BBC

Ok, so it's not an important story, but it is amusing.

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#3) On January 07, 2010 at 1:25 PM, whereaminow (< 20) wrote:

John Mackey is the man.  I'd like to see the Left boycott Burt Rutan as well for his Climate Change Skepticism ("Skepticism" = "Denial" in Leftish Orwellian Newspeak.)  Mackey is also a fan of Mises, which should just about infuriate every other American that watches too much TV, both Left and Right.  Bottom line: the guy's is a great businessman and a principled entrepreneur.  I wish there were more like him.

"Also, I don't think von Mises and Hayek and the other Austrian economists have gotten enough credit for.. . their theory of the business cycle. I really do think we are experiencing. .. what Austrian business cycle predicts. If you print a lot of money and you send it through the economy you'll have certain bubbles and those create market distortions and if the bubble's big enough and it goes on long enough when it pops, it creates great harm in the society. I think that's what we're living through right now. That kind of bubble in the stock market and the real estate market." - John Mackey

David in Qatar

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#4) On January 07, 2010 at 1:41 PM, JakilaTheHun (99.92) wrote:

("Skepticism" = "Denial" in Leftish Orwellian Newspeak.) 

The irony.

More accurately, "skeptic" is intentionally used to imply that there's some ounce of scientific rationalism behind the position.  It's remarkably similar to the Creationist and Intelligent Design movements, that both pretend to have something to do with science, and approximately 99.9% of scientists regard the people behind these movements as nutcases. 

The Climate Change Denial movement seems remarkably similar.  A bunch of extreme ideologues are angry that something might suggest their worldview is flawed; so they start coming up with goofy "theories" that supposedly "discredit" it. 

I can't for the life of me see why it's relevant that an engineer/aviator doesn't believe climate change is occuring. The guy sounds like he's almost as politically visionary as Charles Lindbergh. 

Those cartoons of Lindy with his head-in-the-sand come to mind.

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#5) On January 07, 2010 at 6:07 PM, Option1307 (30.62) wrote:

Thanks for the post Jakila!

This is a great setup, you do the research finding articles and I sit back and read them. Perfect! jk. Honestly thanks, you always dig up some interesting stuff that I normally woldn't stumble across.

Keep em coming.

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