Here’s Jr. Deputy Accountant’s weekly reading assignment. She has a terrific sense of humor, the kind needed to keep a positive attitude while reading details. – Ilene
What I’m Beating TLP With This Week
It’s been a long exciting week filled with Greece action, Obamacare, and failed Treasury auctions. Since JDA’s resident paperboy doesn’t believe the Fed is an evil institution and tends to read too much HuffPo and not enough Ron Paul, I’m grabbing the paper, rolling it up and whacking him (hard) with the following:
It’s Official – America Now Enforces Capital Controls Gee, think we should start reading the bill? (Zero Hedge)
Goldman Sachs’ controversial ‘mommy-track’ In fairness to TLP, he didread this one. You should too. (The Week)
Does Unemployment Insurance Cause Unemployment? It’s a legitimate question. Does the FDIC encourage moral hazard? Mmm hmm. (Wall St Cheat Sheet)
On Deficits And Debt-Financed Government Market Ticker is always good for a nice reality check. Especially one that comes out to $760 billion in interest expense alone – and yes, that’s American debt. (Market Ticker)
The “shop till you drop” economy "Who would want to invest in the United States when there are fiscally solvent, rapidly growing emerging economies to invest in?" Who indeed. (The Animal Spirits Page)
Throwing Gas On The Fire Wait a second, are the regulators the problem? (Bank Lawyer’s Blog)
Repo 105: Was Lehman’s Accounting Only Ticking Boxes? Or Is It A Ticking Box? I smell smoke, Jim Peterson smells something awry with financial reporting (as in journalism, not statements) and rules-based accounting. JDA humbly concurs. (Re:Balance)
Is InterOil Built on a Foundation of Fraud? InterOil better look out, you don’t want Sam Antar on your ass (I’m not scared, he’s afraid of me and I’m training him for his next bout) (White Collar Fraud)
TGIF – Greece Fixed AGAIN! Phil seems to think the EU is bipolar. Has the EU asked its doctor about Abilify? (Phil’s Stock World)
The Latest To Get Ripped Off By The Banksters? The States I’m shocked. Completely and totally shocked. (LOLFed)
