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Scranton Needs 117% Property Tax Hike to Balance Budget

MishTalk

City bureaucrats and the PEL can hem and haw and p**s and moan, but can-kicking exercises, "scoops", and tax hikes will only make the problem worse. December 2007 (69). November 2007 (91). October 2007 (56). September 2007 (49). August 2007 (61). July 2007 (44). June 2007 (38). May 2007 (29).

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Mish's Global Economic Trend Analysis: Italy Faces Huge Losses on.

MishTalk

Early last year Italy was prompted to reveal by regulatory filings made by Morgan Stanley that it had paid the US investment bank €2.57bn after the bank exercised a break clause on derivatives contracts involving interest rate swaps and swap options agreed with Italy in 1994. December 2007 (69). November 2007 (91).

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Fed Balance Sheet vs. Stock Market; Will QE Cause Inflation?

MishTalk

What’s fascinating about QE is that it has no transmission mechanism to the real economy except as a weak can-kicking exercise - and even then only by creating enormous distortions in pursuit of minute "wealth effects." December 2007 (69). November 2007 (91). October 2007 (56). September 2007 (49).

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Give Yourself Permission to Work Fewer Hours

Harvard Business

In 2007 I decided enough was enough. But by managing your time differently, you can work more effectively in less time, discover a renewed passion for your job, and improve your health — especially in terms of sleep and exercise, better relationships, and overall peace of mind. But these signals aren’t helpful.

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Municipal Bonds an "Outrageous Bargain"? Compared to What?

MishTalk

Greater care must now be exercised and I would suggest that many of you should begin a re-examination of what you own and whether you wish to keep owning it. December 2007 (69). November 2007 (91). October 2007 (56). September 2007 (49). August 2007 (61). July 2007 (44). June 2007 (38).

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Disgusting Idea of the Day: Another Bush vs. Another Clinton

MishTalk

Disentangling the extensive business interests that Bush has built up since standing down as governor in 2007 has not been a simple exercise. Various private equity investments in energy and aviation, made through a company called Britton Hill that is named after the highest point in Florida, were only disclosed last June.

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U.S. Digital Infrastructure Needs More Private Investment

Harvard Business

We’ve only scratched the surface of ideas such as the internet of things; smart cities, homes, and energy grids; autonomous transportation; and much more that entrepreneurs will think up. The results speak for themselves.