Watch An Upright Piano Get Shredded
Tuesday, June 8th, 2010 Posted in Uncategorized | No Comments »It's a little slow today for new posts, so until I find something more interesting, watch the full upright piano pictured above get shredded (click twice on the arrow above). (HT: Grant Leonard)Watch the shreding of a large copier, or ...
Watch Cramer for Entertainment, Buy Index Funds
Monday, June 7th, 2010 Posted in Uncategorized | No Comments »Watch the video above from last Tuesday (March 11) of Jim Cramer scolding a viewer for “being silly” by thinking about dumping Bear Stearns stock — at $65. (HT: Chris Douglas)
Capitalism and The Rising Middle Class in India
Monday, June 7th, 2010 Posted in Uncategorized | No Comments »The chart above (click to enlarge) is from a McKinsey Global Institute study "The Rise of India's Consumer Market" from May 2007, showing the expected changing patterns of 5 different income groups in India (shown above in constant 2000 ...
Talk About Cutthroat Competition and Price Wars!!
Monday, June 7th, 2010 Posted in Uncategorized | No Comments »DETROIT, MI -- The two gas stations stand across an intersection from each other in Detroit, where even a penny's difference was enough to lure customers. And so came the price war: One station dropped a cent or two, ...
Ethanol’s Role in The Growing “Dead Zone”
Monday, June 7th, 2010 Posted in Uncategorized | No Comments »JEFFERSON, Iowa - Because of rising demand for ethanol, American farmers are growing more corn than at any time since World War II. And sea life in the Gulf of Mexico is paying the price. The nation's corn crop is fertilized ...
Expanding Waistlines Waste A Lot of Fuel
Monday, May 31st, 2010 Posted in Uncategorized | No Comments »"As American waistlines have expanded since 1960, so has their consumption of gasoline, say researchers at the University of Illinois at Urbana-Champaign and Virginia Commonwealth University," according to this press release. "The conclusions are based on mathematical computations drawn ...
The World According to Newspapers
Sunday, May 30th, 2010 Posted in Uncategorized | No Comments »The UK's Online Journalism Blog features maps that show the world in 2007 through the eyes of editors-in-chief. The larger (smaller) the country on the maps, the more (less) media attention. See the world according to London's The Sun ...
Homer’s Quotes Now Appear in Oxford Dictionary
Saturday, May 29th, 2010 Posted in Uncategorized | No Comments »"Kids are the best, Apu. You can teach them to hate the things you hate. And they practically raise themselves, what with the Internet and all." "Kids, you tried your best and you failed miserably. The lesson is never try." ...
New BLS Website for International Labor Data
Thursday, May 27th, 2010 Posted in Uncategorized | No Comments »There is a new website for international labor data from the BLS, including lots of charts and graphs: Although BLS is the premier source for U.S. labor statistics, the Bureau is also widely recognized for providing comparable international data. The ...
Q: Why Did CEO Pay Increase 6X From 1980-2003?
Tuesday, May 25th, 2010 Posted in Uncategorized | No Comments »A: Simple. Because there was a 6X increase in the market capitalization of large companies during that period (see red line in graph above for market cap, vs. blue/green lines for CEO pay), according to this forthcoming QJE article ...