The Big Picture

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• Social Security versus Ponzi
• Decoding Twitter
• Wall Street Protesters Speak
• Electric Sports Car
• Weekend Reads, Author’s Edition
• Dilbert: Gold vs Stocks
• Diamond: We Need Stimulus Now
• Aurora Flyover

Social Security versus Ponzi Posted: 01 Oct 2011 05:00 PM PDT No, Social Security is not a Ponzi scheme. Discuss. > Source: Venn Diagram for Rick Perry: Social Security Is Not a Ponzi Scheme  (MoJo)

Decoding Twitter Posted: 01 Oct 2011 01:03 PM PDT Cool discussion at WSJ about using Twitter as a source of data: “As Twitter’s message traffic has grown explosively, so has the scientific appetite for the insights the data can yield. Dozens of new scholarly studies over the past 18 months by computer-network analysts and sociologists have plumbed the public torrents of data made available by Twitter through special links with the company’s computer servers. This research has harnessed the service to monitor political activity and employee morale, track outbreaks of flu and food poisoning, map fluctuations in moods around the world, predict box-office receipts for new movies, and get a jump on changes in the stock market.” > click for larger graphic > Source: Decoding Our Chatter ROBERT LEE HOTZ WSJ, October 1, 2011 http://online.wsj.com/article/SB10001424052970204138204576598942105167646.html

Wall Street Protesters Speak Posted: 01 Oct 2011 10:30 AM PDT The young and old of the Occupy Wall Street protesters on who they are, what they hope to accomplish and why they've come to Zuccotti Park. RELATED

Electric Sports Car Posted: 01 Oct 2011 09:00 AM PDT Source: Jalopnik,Electric Sports Car

Weekend Reads, Author’s Edition Posted: 01 Oct 2011 06:00 AM PDT Some reading material to start off your weekend: • Ambrose Evans-Pritchard: NEIN, NEIN, NEIN, and the death of EU Fiscal Union (Telegraph) • Mark Hulbert: Market undergoing huge change (MarketWatch) • George Soros: How to Stop a Second Great Depression (Financial Times) • James Stewart: Let’s Stop Rewarding Failing CEOs (NYT) • David Stockman: Blame The Fed! (Chris Martenson) • Michael Lewis: California and Bust (VF) • Joesph Stiglitz:  G20 and RECOVERY and BEYOND (Columbia University) • Caroline Baum: Keynes, Hayek Preside at Jobs Debate:  (Businessweek) • Paul Krugman: Markets Can Be Very, Very Wrong (NYT) • Brett Arends: Don’t March Against the Banks, Walk Away  (MarketWatch) What are you reading? > Class Warfare?

Dilbert: Gold vs Stocks Posted: 01 Oct 2011 04:25 AM PDT

Diamond: We Need Stimulus Now Posted: 01 Oct 2011 04:00 AM PDT Peter Diamond, who won the 2010 Nobel prize in economics but ultimately abandoned a bid to serve on the Federal Reserve, talks with WSJ’s Kelly Evans about why he supports “Operation Twist,” and why more fiscal stimulus is need to fix the U.S. jobs problem. 9/27/2011 6:30:00 AM

Aurora Flyover Posted: 01 Oct 2011 03:15 AM PDT

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