Smart Links 29 July 2012

Commentary on monetary madness, under my thumb, the link between sun spots and corn prices, guns and liberty, rebranding BC, and the 18 most annoying golf partners.

With central banks printing, printing, printing, are global financial markets at risk of total dysfunction?

Prudent Bear -- Monetary Madness
In commemoration of M2 surpassing $10.0 TN for the first time – not to mention the unfolding confrontation between ECB President Draghi and Germany’s Bundesbank - this week’s CBB will focus on Monetary Analysis. 

Tippi and Hitch.

 

Hitchcock’s girl
Alfred Hitchcock’s sabotaged Tippi Hedren’s movie career after she rejected his advances. But the heroine of ‘The Birds’ and ‘Marnie’ says she has no regrets.

 

The Birds: Final Sequence

 

Mother Duck Fights off Crow

Recalling the link between sun spots and corn prices.

McClelland Financial Publications – The Real Cause of Higher Grain Prices
The key insight is that sunspots are a big driver for wheat prices.

 

A different view on America and guns.

Financial Times -- It is wrong to see the gun lobby as Svengali
Sure, James Holmes was able to purchase a powerful AR-15 rifle and amass several thousand rounds of ammunition, which he allegedly used to kill 12 people and wound dozens more in a movie theatre in Colorado.

Beautiful BC. Thanks to Don of Victoria.

And bad golfers. Thanks to Robin of Victoria.

Pdf below – The 18 Most Annoying Golf Partners

World Socialist Website -- UK In Double Dip Recession

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The 18 Most Annoying Golf Partners.pdf750.83 KB
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Twin Virtues: Inequality of Outcomes & Equality of Opportunity©

LimeSpot: Own Your Experience.

Leveraging Social Networks for Profit.
 
Marrying the product portfolio of brand name firms with the personal profile information on Facebook.
 
The LimeSpot enabled revolutionary new sales channel.
 
Ultimately, the most successful societies find the balance between the twin virtues of inequality of outcomes and equality of opportunity.
 
The new politics must marry the twin virtues of unequal outcomes and equality of opportunity.
 
When too few get too much everybody ends up with less.
 
Can it be that striving for equality of opportunity however imperfect the process not only benefits the individual but also creates benefits for the society as a whole that are unintended but wonderful?
 
Economics must be a 'moral enterprise' as much as politics claims to be. Economic outcomes need to be framed in terms of right and wrong not just efficiency if only because these often align in surprising ways.
 
My vision of Canada is that any Canadian child from a family of limited circumstance can expect to have a chance at lifetime of unlimited opportunities.
 
Tax policy should be founded on the principle of generating steady tax revenues sufficient to maximise environmentally sustainable economic growth in order to fund fair government.
 
Public policy should be designed to decrease inequality before the law and increase equality of opportunity.
 
Capitalism is not the problem; the problem is what we do with capitalism.
 
Content is always more difficult to argue than conspiracy.
 
Let the state regulate and the market operate (most things).
 
Welfare strategies are best designed as a hand up not as a hand out.
 
Political debate should not be fact free fighting.
 
Explanation lasts longer than eloquence.
 
Always favour empowerment over dependency.
 
The most enduring public figures are embraced for the causes they fought for and not the concept of themselves they hoped others would remember them by.
 
Find your voice and don't be the echo of somebody else.