The Cheese Crayon will Revolutionize your Art Class - 9/17/2012
Here's what we're following this morning:
(via Naked Capitalism)
An Athenian perspective on the US presidential election - Yanis Varoufakis via CNN | "From this and other sad incidents, Greeks have surmised that the US no longer holds sway over our European destiny; at least not the way it used to."
EU ministers at odds over banking union - Financial Times | Imagine that: France, Germany, and non-eurozone countries NOT agreeing upon a blueprint for a single eurozone bank supervisor in 3 months' time?
Is QE3 yet another stealth bank bailout - Naked Capitalism | Banks don't have the staffing to originate loans any faster? How about lenders don't WANT to originate loans any faster.
Thousands demand referendum be held to determine austerity drive - El Pais | A country can monetize, or a country can impose austerity. Guess what won't be welcomed by the public.
In prosecutors, debt collectors find a partner - New York Times | DAs seem to be renting out their letterhead and receiving a cut of whatever is collected. Wonder if they're chomping at the bit for the student loan messes.
The changing dollar and the purchasing power of various currencies - Now and Futures, Jesse's Cafe Americain | Be careful quoting your investment successes and your income in the wrong form of currency.
Did the Fed's "Expectations Channel" announcement work? Maybe not. - Mother Jones | This will only work if investors are absolutely convinced that the Fed CAN and WILL do what it says.
Rebuilding the middle class - Center for Economic and Policy Research | When will any candidate pick these up as the real, viable solutions?
Understanding derivatives and their risks - Peak Prosperity | A hammer, when used properly, is a wonderful tool. When used improperly, the same hammer can become a murder weapon. Sound familiar?
Thoughts on what happens to Fed policy in early 2013 - Market Montage | Hint: $40 billion will be child's play.
Penny coasters - Instructables | Keep the drink rings off your coffee table AND keep the Treasury happy by removing money from circulation! A win-win for sure!