From The Awl: What a Blowout Year! Wall Street Rocking Without All Those Pesky Former Employees. Profits and net revenues are back up for Wall Street firms. Can bonuses be far behind?

It’s one thing to read the Twitter feed from yesterday’s nasty student protest at the University of California Regents meeting at UCLA, it’s another to see the video. This was posted by a group called the National Inflation Association. Student groups are angry at an expected 32% hike in UC tuition in response to the [...]

A blog post from Sloshspot–a search site for bars, clubs, and other nightlife activities–called If Marijuana Production Were Legal: Projected Tax Revenues, by State. Love it or hate it, people smoke marijuana – lots of it. In some states marijuana consumption and posession have been decriminalized, and even legalized for medicinal purposes. But, have you [...]

Nate Silver of the political polling site FiveThirtyEight suggests the performance of health insurance stocks might be one way to neutrally evaluate the chance of health care reform’s success: It’s a bit hard to assess where we are in the health care debate. On the one hand, the (House) Democrats pushed through and passed a [...]

Quick note related to yesterday’s post about financial savant Norel Roubini’s latest jeremiad on the coming economic poopstorm: Someone at Gawker’s tired of all the negativity, evidenced in this post: Professor Norel Roubini’s Timeline of Terror.

This is pretty dramatic. The University of California Office of the Student Regent is Twittering the UC Regents meeting in which the University system’s overseers are expected to vote for a tuition hike. As noted in our last post, students have called for a three-day strike to protest the increase. Last Tweet, 26 minutes ago: [...]

California is suffering a severe budget crisis, and the state university system is taking its lumps. The University of California Regents are meeting over the next three days to vote on student fee hikes to cover budget shortfalls. From today’s San Francisco Chronicle: Meeting in Los Angeles, the regents are expected to approve a 32 [...]

First we read that market savant Norel Roubini thinks the economy is going nowhere fast. Now we see that UC Berkeley economist Brad DeLong has had a change of heart and pegs the chance of a new Great Depression at 5%. For 2 1/4 years now I have been saying that there is no chance [...]

From The Awl blog: Homeless Chic? It Still Costs Thousands of Dollars “So let’s see! That’s $1765 already, not counting the two shirts and the boots, for what basically look like exquisitely-made clothes you found in a dumpster. Also don’t forget what are surely a $140 pair of socks. (Do the kids wear socks these [...]

In the last couple of years, Norel Roubini has become almost a household name (at least if you live with with someone in the financial industry) for his pre-crisis predictions that the U.S. was headed for a financial catastrophe. From Wikipedia: In 2008, Fortune magazine wrote that: “In 2005 Roubini said home prices were riding [...]