The LA Times has a neat interactive feature that lets you balance the California budget. They didn’t have some of my choices — legalize drugs and tax them, for example – but I still managed to balance the budget. 
Gov. Schwarzenegger, I’ll be waiting for your call.
In other news worth reading today …
Brad Sezter has an interesting take on China, the U.S. dollar, and Treasuries.
Naked Capitalism has an interesting guest post on Nassim Taleb, Malcolm Gladwell, and why Bill Gates ended up as Bill Gates and the rest of us didn’t.
At the New York Times, Joe Nocera explains why the Efficient Market hypothesis is a piece of crap.
Jesse asks: “Is the USO Oil Fund Like a Pyramid Scheme?” I agree with Jesse that ETFs like the USO are for trading, not long-term buy and hold. Other funds are good for the long-term, but that’s a discussion for another time.
Related Posts
- A Good and Golden Sunday Morning to ya (02/22/09)
- Sunday ‘Blow Your Mind’ Edition (01/30/10)
- Monday Morning Reading (02/23/09)
- What I’m Reading Today (12/15/08)
- What I’m Reading Today (04/07/09)
