These are my links for January 22nd:

  • FTSE falls – graph – I’ve long felt the stock market seriosuly over-valued and have been right out of it. It’s taken a long time for it to agree, so I admit I got my timing wrong. But the graph tells it all, and it will gte worse.
  • BBC NEWS | Robert Peston – If it looks like panic at the Fed, smells like panic at the Fed, and quacks like panic at the Fed, well many will say it is panic at the Fed.
  • TaxProf Blog: Martin Luther King, Jr. and Tax – Sobering stuff. This really is tax abuse at its most naked. And shows once and for all that the application of tax law involves moral conviction – or in this case, immoral conviction.

  2 Responses to “My del.icio.us bookmarks for January 22nd”

  1. [...] a lot of what I might politely call guff being written today about the stock market fall on Monday being the sole fault of the rogue trader at Societe General of whom I wrote [...]

  2. What a wonderfully uplifting story about Martin Luther King Jr. It will restore any doubter’s faith in humanity.

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