516 karma · joined April 10, 2012
[1]http://cps.edu/News/Press_releases/Pages/PR1_03_19_2014.aspx
I'm no healthcare policy expert but this sounds like the FDA has it backwards.
You're definitely right about prices have definitely gone up[1] (side note: Case-Shiller Index isn't close to 64% nationally), but all of this is all on paper. Residential home sales are still at '08/'09 levels; it's hard to translate those paper gains into liquidity [2]. I also agree with the low mortgage rates comment, however, all of the QE money is going everywhere but the housing market. Even if you have a stellar credit rating, it will be incredibly difficult to get a loan. Hell, even Ben Bernanke couldn't refinance his mortgage, which is both ironic and absolutely insane when you think about it [3]. Six years post-TARP, the housing market and American economy, still have plenty of structural issues. TARP was a monumental decision that will forever affect every part of America and housing prices cannot be the only metric or lens that we judge TARP's performance on.
[1]Case Shiller Housing Index - http://us.spindices.com/additional-reports/all-returns/index... [2]https://www.flickr.com/photos/126862837@N04/15451411994/ [3]http://www.bloomberg.com/news/2014-10-02/you-know-it-s-a-tou...
http://www.bloomberg.com/news/2014-03-14/blackstone-s-home-b...
[1]https://www08.wellsfargomedia.com/downloads/pdf/invest_relat...
It's much worse than that, we'll just flat out kill you with a drone strike, even if you're an American citizen[1][2].
[1]http://www.huffingtonpost.com/2013/04/23/obama-anwar-al-awla...
[2]UPDATE - found the better article: http://www.theatlantic.com/politics/archive/2012/10/how-team...
#1 is ridiculous and the public push-back has been strong that it likely won't happen (let's pray to God it doesn't). However, in the context of asking for industry-wide de-regulation (that still might go through), a merger between industry leaders, which happens all the time, doesn't seem that ridiculous. Plus, having an FCC chairman who used to be your head lobbyist helps the merger even more[1].
[1]http://dealbook.nytimes.com/2014/09/15/nations-biggest-pensi...
[1]http://www.crunchbase.com/organization/andreessen-horowitz/i... [2]http://www.amazon.com/Venture-Deals-Smarter-Lawyer-Capitalis...
EDIT: John Oliver also talks quite eloquently about this as well: https://www.youtube.com/watch?v=fpbOEoRrHyU
Many PE shops, VC funds and banks do this because they want you to get an MBA. This is why many of the associate hiring positions are described as pre-MBA associate and post-MBA associate. Post-MBA associates are the ones that will go onto internal promotions and potentially the partner track.
Plaxo (Plaxo.com founded by Sean Parker) has been around for awhile. I used this for some time but have recently discontinued my account.
Brewster (https://www.brewster.com/) is new on the block and I also think Fred Wilson had a blog post on them earlier this year.
Endgame (Biography of Bobby Fischer) - Frank Brady
Walt Disney - Bob Thomas
The Given Day - Dennis Lehane (Fiction)
Shutter Island - Dennis Lehane (Way better than movie)
Michael Lewis - The Big Short
Churchill - Paul Johnson (faster read than the others)