Assorted Links (6/14/2010)

Here’s a list of articles that I have been reading lately:

Stephen A. Blumenthal: It’s Time to Nationalize Fannie and Freddie –

“In The Wall Street Journal, Stephen A. Blumenthal writes that any solution that allows private companies to have a special relationship to government is destined to fail.”

Think Smarter About Risk –

“Moshe A. Milevsky says in The Wall Street Journal that when gauging risk, too many investors don’t consider the most important asset: their human capital.”

Opening weekend – 2010 World Cup – The Big Picture –

“The 2010 FIFA World Cup opened last Friday in South Africa, after years of preparation, with an Opening Ceremony at Soccer City Stadium – the first matches taking place over the weekend.”

Foreign Tax Bill Likely, But ‘A Bad Idea,’ Validus CEO Says

“NEW YORK-Proposed legislation denying tax deductions for reinsurance premiums paid to offshore affiliates will likely pass through Congress, a Bermuda executive predicted here yesterday, but he criticized the measure as a restriction of free trade.”

The Dark Side of Stimulus

“‘Regulating Wall Street’ Co-Editor and NYU economics professor Thomas Cooley breaks down the pros and cons of stimulus spending…”

Gerald O’Driscoll: The Gulf Spill, the Financial Crisis and the Failure of Big Government –

“In The Wall Street Journal, Gerald P. O’Driscoll notes that Republicans and Democrats fail to see the limits of centralized regulation in a modern market economy.”

Dynamic Dr. Krugman|

“In his column today Dr. Paul Krugman argues that the deficit impact of a large ($1 trillion) stimulus would be mitigated by the effects of higher GDP growth.”

Women Prefer Men Holding State Bonds, Japan Ad Says (Update1) –

“June 9 (Bloomberg) — Japanese women are seeking men who invest in government bonds, according to an advertisement being run by the Ministry of Finance.”

The Road to Price Controls — The American, A Magazine of Ideas

“Conventional wisdom is that U.S. pharmaceutical companies made out well under the Obama health plan by bargaining with the White House. That wisdom is wrong.”

Just How Risky Are Nuclear Industry, NASA Missions? – The Numbers Guy – WSJ

“Scientists in some risky pursuits attempt to quantify risks, which helps identify trouble spots. That might be in the future of the deep-sea oil-drilling business.”

Scenes from the Gulf of Mexico – The Big Picture –

“Based on recently revised estimates, BP’s ruptured oil well at the bottom of the Gulf of Mexico continues to leak 25,000 to 30,000 barrels of oil a day. The new figures suggest that an amount of oil equivalent to the Exxon Valdez disaster could still be flowing into the Gulf of Mexico every 8 to 10 days.”

Lawrence M. Krauss: Science and the Gulf Spill –

“In The Wall Street Journal, scientist Lawrence M. Krauss says that TV has fueled unrealistic expectations of a quick fix to the oil spill.”

Fouad Ajami: Iran and the ‘Freedom Recession’ –

“Fouad Ajami writes in The Wall Street Journal about the anniversary of the Iranian crackdown on pro-democracy protests that Facebook had no answer to the pro-regime vigilantes who ruled the streets. And the U.S. president, who might have helped, stood aside.”

Andy Kessler: The iPhone, Net Neutrality and the FCC –

“Andy Kessler writes in The Wall Street Journal that the FCC should make it easier for more companies to enter wireless data and cable broadband markets.”

Peggy Noonan: ‘We Are Totally Unprepared’ –

“Peggy Noonan writes in The Wall Street Journal that nine years after 9/11, there is a chilling complacency about WMD attacks.”

Charles Krauthammer – The myth of Iran’s ‘isolation’

“Obama’s strategy against Tehran hasn’t worked.”

Don’t Believe the Double-Dippers

“Alan Reynolds writes in The Wall Street Journal that while liberals issue dire warnings to argue for more stimulus spending, Republicans embrace gloom as evidence stimulus hasn’t worked. Truth is the economy isn’t that bad.”

Obama Meets Toto

“In The Wall Street Journal, Dan Henninger writes that with the Gulf oil spill, faith in the omnipotence of government has put us in the land of Oz.”

Europe’s Determination to Decline

“At a time when their economies are sputtering, European leaders have embraced the bizarre idea of further reductions in greenhouse-gas emissions. There is a strong correlation between carbon emissions and GDP growth, so, in the absence of alternatives to fossil fuels, Europeans are, in effect, calling for an even deeper recession.”

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