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	<title>Comments on: Links 12/30/08</title>
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	<link>http://www.nakedcapitalism.com/2008/12/links-123008.html</link>
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		<title>By: Anonymous</title>
		<link>http://www.nakedcapitalism.com/2008/12/links-123008.html#comment-30807</link>
		<dc:creator>Anonymous</dc:creator>
		<pubDate>Wed, 31 Dec 2008 08:25:00 +0000</pubDate>
		<guid isPermaLink="false">http://www.nakedcapitalism.com/2008/12/links-123008/#comment-30807</guid>
		<description>Inter-racial cat porn?</description>
		<content:encoded><![CDATA[<p>Inter-racial cat porn?</p>
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		<title>By: River</title>
		<link>http://www.nakedcapitalism.com/2008/12/links-123008.html#comment-30798</link>
		<dc:creator>River</dc:creator>
		<pubDate>Wed, 31 Dec 2008 04:16:00 +0000</pubDate>
		<guid isPermaLink="false">http://www.nakedcapitalism.com/2008/12/links-123008/#comment-30798</guid>
		<description>Yves, great find about evolution of animal intelligence. &lt;br/&gt;&lt;br/&gt;It left me wondering if Bush fell out of the evolutionary tree?</description>
		<content:encoded><![CDATA[<p>Yves, great find about evolution of animal intelligence. </p>
<p>It left me wondering if Bush fell out of the evolutionary tree?</p>
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		<title>By: dd</title>
		<link>http://www.nakedcapitalism.com/2008/12/links-123008.html#comment-30797</link>
		<dc:creator>dd</dc:creator>
		<pubDate>Wed, 31 Dec 2008 03:46:00 +0000</pubDate>
		<guid isPermaLink="false">http://www.nakedcapitalism.com/2008/12/links-123008/#comment-30797</guid>
		<description>Been awaiting the Madoff tax angle and the not so innocent victims. It finally appeared:&lt;br/&gt;Madoff Spotlight Turns to Role of Offshore Funds &lt;br/&gt;&quot;Of particular interest is whether Mr. Madoff and some of his investors used funds based in offshore tax havens to evade American taxes, according to a person briefed on the investigation.&quot;&lt;br/&gt;http://www.nytimes.com/2008/12/31/business/31offshore.html?_r=1&amp;ref=business</description>
		<content:encoded><![CDATA[<p>Been awaiting the Madoff tax angle and the not so innocent victims. It finally appeared:<br />Madoff Spotlight Turns to Role of Offshore Funds <br />&quot;Of particular interest is whether Mr. Madoff and some of his investors used funds based in offshore tax havens to evade American taxes, according to a person briefed on the investigation.&quot;<br /><a href="http://www.nytimes.com/2008/12/31/business/31offshore.html?_r=1&amp;ref=business" rel="nofollow">http://www.nytimes.com/2008/12/31/business/31offshore.html?_r=1&amp;ref=business</a></p>
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		<title>By: Glen</title>
		<link>http://www.nakedcapitalism.com/2008/12/links-123008.html#comment-30783</link>
		<dc:creator>Glen</dc:creator>
		<pubDate>Tue, 30 Dec 2008 23:38:00 +0000</pubDate>
		<guid isPermaLink="false">http://www.nakedcapitalism.com/2008/12/links-123008/#comment-30783</guid>
		<description>SMH (one of Australia&#039;s better MSM business sections) has a sort piece &quot;German minister warns of &quot;growth bubble&quot;&quot;. This guys got his head screwed on and is thinking long term unlike Bomber Bernanke with his short term fix longer term damage approach. &lt;br/&gt;&lt;br/&gt;Germany&#039;s finance minister told AFP in an interview that cutting interest rates too low in an effort to counter the global recession could create what he called a dangerous &quot;growth bubble.&quot;&lt;br/&gt;&lt;br/&gt;Speaking earlier this month, and fresh from his recent broadside against the British government&#039;s response to the economic crisis, Peer Steinbrueck said there was a danger of repeating the dangers of the past.&lt;br/&gt;&lt;br/&gt;&quot;On the one hand we need to boost the economy, on the other hand we must make sure that a policy of cheap money does not lead to a new growth bubble founded on credit, as happened after September 11, 2001,&quot; Steinbrueck said.&lt;br/&gt;&lt;br/&gt;&quot;It is therefore important that the focus, at least in Germany, be on sustainable investments in infrastructure and less on consumer spending financed by debt,&quot;&lt;br/&gt;&lt;br/&gt;http://business.smh.com.au/business/german-minister-warns-of-growth-bubble-20081231-77io.html</description>
		<content:encoded><![CDATA[<p>SMH (one of Australia&#8217;s better MSM business sections) has a sort piece &#8220;German minister warns of &#8220;growth bubble&#8221;". This guys got his head screwed on and is thinking long term unlike Bomber Bernanke with his short term fix longer term damage approach. </p>
<p>Germany&#8217;s finance minister told AFP in an interview that cutting interest rates too low in an effort to counter the global recession could create what he called a dangerous &#8220;growth bubble.&#8221;</p>
<p>Speaking earlier this month, and fresh from his recent broadside against the British government&#8217;s response to the economic crisis, Peer Steinbrueck said there was a danger of repeating the dangers of the past.</p>
<p>&#8220;On the one hand we need to boost the economy, on the other hand we must make sure that a policy of cheap money does not lead to a new growth bubble founded on credit, as happened after September 11, 2001,&#8221; Steinbrueck said.</p>
<p>&#8220;It is therefore important that the focus, at least in Germany, be on sustainable investments in infrastructure and less on consumer spending financed by debt,&#8221;</p>
<p><a href="http://business.smh.com.au/business/german-minister-warns-of-growth-bubble-20081231-77io.html" rel="nofollow">http://business.smh.com.au/business/german-minister-warns-of-growth-bubble-20081231-77io.html</a></p>
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		<title>By: Anonymous</title>
		<link>http://www.nakedcapitalism.com/2008/12/links-123008.html#comment-30769</link>
		<dc:creator>Anonymous</dc:creator>
		<pubDate>Tue, 30 Dec 2008 18:15:00 +0000</pubDate>
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		<description>Fuzzy 69... Is this blog was rated G? :-)</description>
		<content:encoded><![CDATA[<p>Fuzzy 69&#8230; Is this blog was rated G? <img src='http://www.nakedcapitalism.com/wp-includes/images/smilies/icon_smile.gif' alt=':-)' class='wp-smiley' /> </p>
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		<title>By: Anonymous</title>
		<link>http://www.nakedcapitalism.com/2008/12/links-123008.html#comment-30767</link>
		<dc:creator>Anonymous</dc:creator>
		<pubDate>Tue, 30 Dec 2008 17:30:00 +0000</pubDate>
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		<description>Cassandra had nothing to say.  You usually have such good taste in links.</description>
		<content:encoded><![CDATA[<p>Cassandra had nothing to say.  You usually have such good taste in links.</p>
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		<title>By: wintermute</title>
		<link>http://www.nakedcapitalism.com/2008/12/links-123008.html#comment-30765</link>
		<dc:creator>wintermute</dc:creator>
		<pubDate>Tue, 30 Dec 2008 17:27:00 +0000</pubDate>
		<guid isPermaLink="false">http://www.nakedcapitalism.com/2008/12/links-123008/#comment-30765</guid>
		<description>Yin and Yang!</description>
		<content:encoded><![CDATA[<p>Yin and Yang!</p>
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		<title>By: Anonymous</title>
		<link>http://www.nakedcapitalism.com/2008/12/links-123008.html#comment-30761</link>
		<dc:creator>Anonymous</dc:creator>
		<pubDate>Tue, 30 Dec 2008 15:33:00 +0000</pubDate>
		<guid isPermaLink="false">http://www.nakedcapitalism.com/2008/12/links-123008/#comment-30761</guid>
		<description>The article, &quot;A Crack in the System&quot; should be titled, &quot;A crack addict in the system&quot;.</description>
		<content:encoded><![CDATA[<p>The article, &#8220;A Crack in the System&#8221; should be titled, &#8220;A crack addict in the system&#8221;.</p>
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		<title>By: artichoke</title>
		<link>http://www.nakedcapitalism.com/2008/12/links-123008.html#comment-30756</link>
		<dc:creator>artichoke</dc:creator>
		<pubDate>Tue, 30 Dec 2008 14:55:00 +0000</pubDate>
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		<description>Congress should pass a special bill to fund the automaker bailouts, that covers what is already spent on GM, GMAC, Chrysler etc. plus a bit more.&lt;br/&gt;&lt;br/&gt;Congress should reject the second half of TARP.&lt;br/&gt;&lt;br/&gt;I agree with Mish&#039;s &quot;foot in the door&quot; theory and encourage Congress to take a hammer to that foot.  Paulson should not get what he wants by spending money he doesn&#039;t have, but we do need automakers to survive.  (not banks though)</description>
		<content:encoded><![CDATA[<p>Congress should pass a special bill to fund the automaker bailouts, that covers what is already spent on GM, GMAC, Chrysler etc. plus a bit more.</p>
<p>Congress should reject the second half of TARP.</p>
<p>I agree with Mish&#8217;s &#8220;foot in the door&#8221; theory and encourage Congress to take a hammer to that foot.  Paulson should not get what he wants by spending money he doesn&#8217;t have, but we do need automakers to survive.  (not banks though)</p>
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		<title>By: WalrusBank</title>
		<link>http://www.nakedcapitalism.com/2008/12/links-123008.html#comment-30741</link>
		<dc:creator>WalrusBank</dc:creator>
		<pubDate>Tue, 30 Dec 2008 08:34:00 +0000</pubDate>
		<guid isPermaLink="false">http://www.nakedcapitalism.com/2008/12/links-123008/#comment-30741</guid>
		<description>Check out this blog to read about Ben Bernanke&#039;s bet against deflation: &lt;br/&gt;&lt;br/&gt;http://changealley.blogspot.com/</description>
		<content:encoded><![CDATA[<p>Check out this blog to read about Ben Bernanke&#8217;s bet against deflation: </p>
<p><a href="http://changealley.blogspot.com/" rel="nofollow">http://changealley.blogspot.com/</a></p>
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