featured posts
The US Economic Crisis: Jobs Continue to Vanish While the Media Applauds “Recovery”
The US Economic Crisis: Jobs Continue to Vanish While the Media Applauds “Recovery” by Shamus Cooke Global Research, February 8, 2010 At first glance it appeared there was a typo in the headlines. The national media reported that, in January, another 20,000 more jobs were lost. Somehow, the unemployment rate dropped, from 10 percent to 9.7 percent. Nobody Full Article
- Greek Ouzo crisis escalates into global margin call as confidence ebbs
- The Sword and the Shield: Surround Russia and China with Mobile “Missile Defense” Systems
- 7 US States That Are Worse Off Than Greece, Portgal, Ireland, And Spain
- Get ready to pay more taxes
- Lies We’re Being Told: Interest is Consumption, Saving is “a Negative Act”
- Economic Recovery: The Unresolved Mysteries
- Should Germany bail out Club Med or leave the euro altogether?
- Spying on Americans: A Multibillion Bonanza for the Telecoms
- Funds flee Greece as Germany warns of “fatal” eurozone crisis
- Paul Volcker is back: Restructuring of the Financial Elites?
- Bases, Missiles, Wars: U.S. Consolidates Global Military Network
- No Worries About “Morality” in Biggest Real-Estate Default in History
- How Much More “Debt Recovery” can the Economy Take?
- The Supremes Bow to King Corporation
- How Bernanke Became A Toxic Asset
- $13.4 Billion Earnings in Record Year for Goldman Sachs
- The Secret Bank Bailout
- U.S.-China Military Tensions Grow
- China vents anger with missile test
news
An Orderly Selloff? Maybe So, But Investors Fear the Worst
Published: Monday, 8 Feb 2010 | 2:04 PM ET
By: Jeff Cox
CNBC.com
Despite a market selloff that by nearly all accounts appears to be both orderly and expected, investors find themselves bracing for→
Two Hedge Funds One Bank? Is There A Concerted Effort To “Destroy” Greece?
Submitted by Tyler Durden on 02/08/2010 10:57 -0500
In the pre-math of the Greek collapse, conspiracy theories are swirling about who keeps blowing Greek CDS spreads wider. The answer, so far→
Fitch Says Prime Jumbo RMBS Near 10% Delinquentby DIANA GOLOBAY
Fitch Says Prime Jumbo RMBS Near 10% Delinquent
by DIANA GOLOBAY
Monday, February 8th, 2010, 9:50 am
The performance of US prime jumbo loan performance within residential mortgage-backed→
HAMP Permanent Modifications Picking Up: BarCapby JON PRIOR
HAMP Permanent Modifications Picking Up: BarCap
by JON PRIOR
Monday, February 8th, 2010, 6:05 am
Modification rates picked up over December and January as servicers converted more trials into→
New Housing Bubble in Canada?
by CalculatedRisk on 2/07/2010 09:51:00 PM
From the WSJ: Housing Rebound in Canada Spurs Talk of a New Bubble
Canada’s housing recovery has been so rapid that some here are worrying about→
This Crisis Won’t Stop Moving
This Crisis Won’t Stop Moving
By GRETCHEN MORGENSON
Published: February 6, 2010
YOU know we’re in trouble when we’re told that the economic problems in Greece, Portugal and Spain,→
The Bankruptcy of the United States is Now Certain
The Bankruptcy of the United States is Now Certain
by Porter Stansberry
Global Research, February 7, 2010
S&A Digest – 2009-11-24
It’s one of those numbers that’s so→
The US Economic Crisis: Jobs Continue to Vanish While the Media Applauds “Recovery”
The US Economic Crisis: Jobs Continue to Vanish While the Media Applauds “Recovery”
by Shamus Cooke
Global Research, February 8, 2010
At first glance it appeared there was a typo in the→
Greek Ouzo crisis escalates into global margin call as confidence ebbs
For the third time in 18 months the global financial system risks spinning out of control unless political leaders take immediate and radical action.
By Ambrose Evans-Pritchard
Published: 5:46PM→
The Sword and the Shield: Surround Russia and China with Mobile “Missile Defense” Systems
The Sword and the Shield: Surround Russia and China with Mobile “Missile Defense” Systems
by Bruce Gagnon
// // // //
Global Research, February 5, 2010
Global Network Against→
7 US States That Are Worse Off Than Greece, Portgal, Ireland, And Spain
Gregor MacDonald | Feb. 5, 2010, 1:56 PM | 3,820 | 8
The inevitable coming of the sovereign debt panic finally engulfed Europe this week as the derisively (or perhaps affectionately) named PIGS→
Fannie, Freddie Hold Plenty Off the Books
By Lauren Tara LaCapra 02/03/10 – 09:56 AM EST
Stock quotes in this article: FNM , FRE , BAC , C , JPM , WFC
NEW YORK (TheStreet) — A look at what’s lying off the books at→
EU on the Brink?
Friday, February 05, 2010 – by Staff Report
Joaquin Almunia / Getty
The European Commission has ordered Greece to slash public spending and spell out details of its austerity plan within→
Gold Prices In Free Fall: Safe Haven My Asparagus
On Thursday, February 4, gold prices took a front-row seat on the Nosedive Express: In just two hours of morning trading, the yellow metal plummeted more than $40/ounce — its fastest price drop→
Jobs Contract Yet Again; Unemployment Rate Drops To 9.7%
In the continuing theater of BLS absurdities, the unemployment rate fell to 9.7% in spite of a 25th consecutive month of job losses. Some stopped counting at 22 months in November. However, I find→
Unemployed over 26 Weeks and Seasonal Adjustment
by CalculatedRisk on 2/05/2010 11:16:00 AM
Unemployed over 26 Weeks
Click on graph for larger image in new window.
The blue line is the number of workers unemployed for 27 weeks or more. The red→
The Great Global Arms Bazaar
by Michael Werbowski
Global Research, February 4, 2010
We all would do well to read or re-read perhaps, Anthony Sampson’s outstanding anatomical study or investigation into the international arms→
Get ready to pay more taxes
With funding cuts to national defense and major entitlements politically unpalatable, the middle class inevitably will be asked to do more to help close the budget gap.
By U.S. News & World→
Never Short a Country with $2Trillion in Reserves?
Michael Pettis
Feb 3, 2010 5:43PM
I am traveling in DC, NY and Boston over the next few days, and between meetings and jet-lag it is hard for me to do much on my blog, but I did want to extend a→
The Battle of the Titans: JPMorgan Vs. Goldman Sachs
We are witnessing an epic battle between two banking giants, JPMorgan Chase (Paul Volcker) and Goldman Sachs (Rubin/Geithner). The bodies left strewn on the battleground could include your pension→
US’s strike threat catches China off guard
By Peter J Brown
The United States plans to unveil later this decade a new conventional “Prompt Global Strike” (C-PGS) system. It will enable the US to instantly carry out a massive→
videos
The Fed’s “Exit Plan” Is Just Another Secret Gift To Wall Street
The Enemy Is At Home
Gold at $15K?
Just Ordinary Americans”: Don’t Underestimate the Tea Party Movement
Dr. Norman Finkelstein at the University of Waterloo
The Schiff Report
Neil Barofsky Promises Handcuffs; Police Pay Dispute In Miami; Workers Protest In NM; California Muni Bond Outlook, Other Potpourri
Govt. Budget Blues: When a Spending Freeze Leads to Record Deficits
Marc Faber
Short-Term Thinking Is Killing America, Tuck Prof. Says, Blaming Obama
The Schiff Report
Celente
House Price Recovery Just A Head Fake, Says Alpert, Especially In New York
Jon Stewart: Obama takes on Bankers
Loose Change: Obama Talks the Talk, But Can He Walk the Walk?
Doing the “Safety Dance”: What Are Traders So Afraid Of?
Ron Paul on CSPAN (01 – 22 – 2010) – USA is Bankrupt,Quit Buying Bombs or We’re Done
Mass. Election Wasn’t a Referendum on Health-Care, Obama Adviser Says
No Worries About “Morality” in Biggest Real-Estate Default in History
