Hey, if you're going to steal from Bart, why stop at just one?
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"Dr. Doom," famously pessimistic NYU economics Professor Nouriel Roubini, argues that the best solution for resolving the toxic asset problem is (temporary) nationalization. Without it, he argues other options result in one of three problems:
If government takes on debt:
1. Overvaluing assets ---> Massive cost to taxpayers
2. Undervaluing assets ---> Risks massive bank failures
If government helps private sector keep debt:
3. Non-transparency and/or overcomplication (see Tax Code, the)
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In a rather odd article, scientists have discovered a bacterium in the Russian mammoth graveyard that may extend the duration of human lives in general, as well as the duration of their sex lives.
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I only read a little bit of this article, but it seems there's been something of a real-life Catch Me If You Can, with a woman taking on fake lives at Ivy League schools as part of her rouse.
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wow. that "real-life catch me if you can" was a great read, especially at my boring-ass job. thanks!
ReplyDeleteI am not happy that the investigator who took down the Catch Me If You Can copycat graduated from Bob Jones University. I do not like when anyone affiliated with that institution does anything that earns them praise.
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