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Washington's Blog

Washington's Blog

Accurately: we patriots are allied, and rebel against OBVIOUS crimes of US oligarchs centering in wars, money, and media. We stand for justice under laws supporting unalienable rights for all, and act in ~100 areas of critical importance. Briefly communicating my personal journey can encourage readers to better sense their own purpose. How it might be helpful is to show conclusions of “emperor has no clothes” obvious crimes that kill millions, harm billions, and loot trillions are rational and inevitable for anyone who cares to see the facts. Importantly, those of us working for all Earth’s inhabitants may only have the job (at least for now) of facilitating choice among humanity. Nobody working for virtue is allowed into real power.
Creative - Fiscal FactCheck | Creative - Fiscal FactCheck | Summary Washington's spending has recently been higher as a percentage of the nation's economic output than at any time since World War II. But by the same measure, Washington's revenues are the lowest in more than 60 years. So does the U.S. have "a spending problem," as Republicans keep repeating in the current debate over how to reduce the nation's record deficits? Or is the problem that taxes are not high enough? Those questions frame a long-running partisan debate, and as usual we won't offer an opinion one way or the other.
I love math (though it's debatable whether math loves me back, I suspect not) so it's a pleasure to read Cliff Pickover's newest creation, The Math Book: From Pythagoras to the 57th Dimension, 250 Milestones in the History of Mathematics. Don't let the title fool you - The Math Book is a thoroughly enjoyable "walk" through the history of mathematics with each milestone narrated by Pickover in a short and sweet fashion (and surprisingly, with very little equations) that even non-mathemagicians like myself can enjoy. If you've ever heard the terms Bessel functions, Transcendental numbers, and Riemann hypothesis, and want to know more, then this is the book for you. Below is an excerpt from the book (selecting which ones to show was a hard thing to do - there were just so many interesting articles!) The Math Book: Milestones in the History of Math – Neatorama The Math Book: Milestones in the History of Math – Neatorama
Is the Stock Market Cheap, or Expensive? - (Click to enlarge) Here's the latest update of my preferred market valuation method using the most recent Standard & Poor's "as reported" earnings and earnings estimates and the index monthly averages of daily closes through February 2010, with the latest numbers based on the current index price around 1165. ● TTM P/E ratio = 20.6 ● P/E10 ratio = 21.5 Background Is the Stock Market Cheap, or Expensive? -
4-2-10-Swing-Analog-1907-2009.gif (GIF Image, 750x562 pixels) - Scaled (92%)
Credit Spread 1. For instance, the difference between yields on treasuries and those on single A-rated industrial bonds. A company must offer a higher return on their bonds because their credit is worse than the government's. 2. An example would be buying a Jan 50 call on ABC for $2, and writing a Jan 45 call on ABC for $5. Credit Spread
“I mean damn, did you even see the testYou got D’s, motherf*$@%&, D’s!Rosie Perez”—Kanye West No position in a company is more important than the CEO and, as a result, no job gets more scrutiny. Sadly, little of this analysis benefits CEOs as most of the discussions happen behind their backs. This post is a step in the opposite direction. How Andreessen Horowitz Evaluates CEOs How Andreessen Horowitz Evaluates CEOs
1863 - Gross federal debt exceeded $1 billion for first time. 1865 - Federal spending exceeded $1 billion for first time. 1914 - Federal spending exceeded $1 billion for second time. 1918 - Gross federal debt exceeded $10 billion for first time. 1921 - Bureau of the Budget established by Budget and Accounting Act. 1943 - Gross federal debt exceeded $100 billion for first time. US Federal Budget: US Budget Breakdown for FY11 - Charts US Federal Budget: US Budget Breakdown for FY11 - Charts
S&P 500 PE Ratio Chart - 10 Year Average
Most Interesting Illusions. Most Interesting Illusions. Here is a cool collection of ‘Most Interesting Illusions’ from around the world. Squares A & B are the same shades. This optical illusion was created by Edward H. Adelson, Professor of Vision Science at MIT.
Investment Company Institute - Mutual Fund Money Flows Investment Company Institute - Mutual Fund Money Flows To comply with changing international privacy requirements, ICI informs its visitors that we use cookies on our web site. ICI only uses cookies to allow subscribers and members to more easily use our site and to record site utilization. No personal or private information is gathered or stored. More details, including how to disable cookies, can be found on our privacy and cookie policy page. If you disable cookies, you will see this message on future visits to our site. Please click the enable button to consent to accepting cookies.
To say that stocks are anything other than dangerously overpriced with a P/E of over 130 and a yield of 2.5% on unsustainable dividends is either farcical or fraudulent. For such a simple little metric, the P/E ratio is subjected to all kinds of perversions to deflate it to levels that can be passed off as reflecting value. At the very least, most bubbleheads try to make it less scary than its current level of 133 for the S&P 500. Do-it-yourself P/E and dividend analysis It is very easy to find out what the real index PE is at any given time. The reality of S&P 500 earnings - The Sovereign Speculator The reality of S&P 500 earnings - The Sovereign Speculator
Dr. Housing Bubble Blog California housing affordability may seem like an oxymoron. Many younger buyers are priced out in many markets across the state. The latest data from the California Association of Realtors (CAR) finds that still only 1 out of 3 families can actually afford to buy a home in the state in which they live.

Shadow Government Statistics » Home 2

Walter J. "John" Williams was born in 1949. He received an A.B. in Economics, cum laude, from Dartmouth College in 1971, and was awarded a M.B.A. from Dartmouth's Amos Tuck School of Business Administration in 1972, where he was named an Edward Tuck Scholar.
I've said it before, and I'll say it again. If there's anything good that has come out of the financial crisis it's the slew of high-quality graphics to help us understand what's going on. Some visualizations attempt to explain it all while others focus on affected business. Others concentrate on how we, as citizens are affected. Some show those who are responsible.

27 Visualizations and Infographics to Understand the Financial Crisis ...