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White House Aims to Cut Deficit With TARP Cash
The Cynical Economist | November 13th 2009
This is another brilliant move. But why don’t they extend this to a logical conclusion. We use $12T of TARP money and pay off ALL the debt? This is so easy, I should be a politician.— Chuck Moreland From WSJ By DEBORAH SOLOMON and JONATHAN WE read more
12 Reasons Unemployment is Going to (at least) 12 Percent
The Cynical Economist | November 13th 2009
U6 is at 17.5% now! From Reuters by: James Pethokoukis Gluskin Sheff economist David Rosenberg, formerly of Merrill Lynch, thinks the unemployment rate is going to at least 12 percent, maybe even 13 percent. Optimists, Rosenberg explains, underestim read more
European economy out of recession
Global Crisis News | November 13th 2009 by Greg
The euro-area economy came out from recession in the third quarter as consumers’ unwillingness to increase spending was compensated by growth in exports from France and Germany. Gross Domestic Product rose 0.4 percent in the economy of the 16 coun read more
Obama’s October Deficit Is Larger Than the Deficit in the Entir…
Say Anything | November 13th 2009
The last all Republic Budget was the fiscal year 2007 budget. That means it was passed by a Republican Congress And Signed by a Republican President. The deficit that year was 160 Billion dollars. Remember how the Democrats like Kent C read more
Singapore Retail Sales Declined in September; Slump May Ease
Singapore News Alternative | November 13th 2009
Bloomberg.com, 13 Nov 2009Nov. 13 (Bloomberg) -- Singapore’s retail sales fell for a 12th straight month in September, a slump that may ease as the island’s economic recovery and a rebound in tourist arrivals revives spending in the coming months read more
The Warren Buffett & Bill Gates TV Special
Money Reasons | November 13th 2009 by Don
Last night didn’t disappoint! Warren Buffett is such a clever, intelligent speaker! The I was going to comment on the CNBC special last night that I mentioned yesterday, but Financial Samurai beat me to the punch! Click here for Financial read more
15 Awful Things Republicans Would Do If They Had the Chance
luckyrooster | November 13th 2009 by David
Image via Wikipedia From Alternet By Dennis Rahkonen, The Smirking Chimp Always the political instrument of moneyed elites, and a retrograde societal force, the GOP today is more negatively impactful than ever. Its agenda, if fully implemented, wo read more
BOE takes a more optimistic view of UK economy.
Financial News | November 13th 2009 by Mark
Mervyn King, governor of the Bank of England (BOE) has taken an about turn on his previous forecasts for economic growth in the UK in the coming two years, He tampers his newly found optimism with forecasts that any recovery in the UK economy will be read more
G. Edward Griffin: The New World Order’s Master Plan is Underwa…
Institutional Financial Derivatives | November 13th 2009 by Douglas Kelso
Alex Jones welcomes back to the show film producer, author, and political lecturer G. Edward Griffin. Griffin’s documentaries and books cover a wide array of topics, including cancer and the Federal Reserve. He has opposed the Federal Reserve read more
Kevin Rudd On Indian-Australian Passion & Relationship
The Moderate Voice | November 13th 2009
Australian prime minister Kevin Rudd batted spiritedly during his recent India visit and delivered a googly to bypass ticklish issues and move on to substantive bilateral economic and strategic issues that would help strengthen ties between India an read more
The Benefits Of Heated Towel Rails
WebAddict | November 13th 2009 by Varun Dave
When you decorate your house, you will surely want to make sure that every part of your house looks elegant and classy, and having the latest accessories and fixtures is a welcome bonus. With this criteria met, you will want to ensure that the necess read more
Cleaning House Before Its IPO Will Cost AOL $200 Million And Up T…
Blog if Intellectual Capital | November 13th 2009 by Patric carlsson
As AOL prepares to spin off from Time Warner in an IPO, it wants to gussy itself up so that it looks as appealing as possible tp ublic investors. Today, AOL disclosed that it plans yet another restructuring which could cost as much as $200 million. T read more
Albert Edwards still uber bearish, calls for new lows in 2010
Investment Postcards from Cape Town | November 13th 2009 by Prieur du Plessis
The post below is republished courtesy of Trader Mark, writer of the Fund My Mutual Fund blog (hat tip: Damien Hoffman of Wall St Cheat Sheet). Societe Generale’s Albert Edwards is generally considered an uber bear, although there were times in read more
Chanos & Sloan: Lessons from the crisis
Investment Postcards from Cape Town | November 13th 2009 by Prieur du Plessis
In this video, Jim Chanos, legendary hedge fund manager of Kynikos Associates, and Robert Sloan, managing partner of S3 Partners, discuss lessons learned from the financial crisis. (Also see my recent post “Jim Chanos: Ten lessons from the fina read more
Debt dynamics will hold back economy
Investment Postcards from Cape Town | November 13th 2009 by Prieur du Plessis
The post below is a guest contribution by Comstock Partners, the highly regarded investment manager run by Charles Minter, arguing that government debt could double while private debt could be cut in half. We believe that U.S. government and private read more
Why a Big CCC Won’t Work Today – But a little one might help
The Moderate Voice | November 12th 2009
The U.S. is facing massive structural unemployment – possibly for years to come. We can use a few but not all the ideas from the past because the world, and our nation’s private sector and Federal government, are significantly different from read more
Can Pakatan make a difference?
anilnetto.com | November 12th 2009 by A
Here’s something I wrote for Aliran Monthly on Pakatan’s economic orientation and the challenges it faces. Can Pakatan make a difference especially in the economy? read more
Maintaining a Stainless Reputation with Clients
Thinking Business | November 12th 2009 by Heather
There has probably not been a more difficult economic time in post depression America. The ever decreasing oil consumption numbers released today only further demonstrate how far the economy continues to fall which makes successful connection with read more
Quote of the Week: Obama Being Fiscally Responsible?
Ironic Surrealism v3.0 | November 12th 2009 by Velvet Hammer
Don’t fall for it. Obama on the possibility of a Stimulus II: - Reuters “It’s important that we don’t make any ill-considered decisions — even with the best intentions — particularly at a time when our resources ar read more
HK, Singapore chalking out exit strategy
Singapore News Alternative | November 12th 2009
The Malaysian Insider, 13 Nov 2009Hong Kong and Singapore ministers say they will work together to coordinate the exit strategy on measures put in place during the financial crisis.The two economies plus Malaysia agreed in July to simultaneously with read more
Singapore's Lee: World Recovering, Sees Gradual Stimulus Exit
Singapore News Alternative | November 12th 2009
NasdaqSINGAPORE -(Dow Jones)- The world economy is recovering, led by Asia, but risks remain as countries' massive stimulus efforts will fade in the months ahead, so stimulus must be unwound carefully, Singapore Prime Minister Lee Hsien Loong said Fr read more
American Companies Abandon Ship
Doug Ross @ Journal | November 12th 2009
Bloomberg reports that Emerson Electric, the massive $21 billion manufacturing conglomerate, is raising the white flag and moving offshore.Emerson Electric Co. Chief Executive Officer David Farr said the U.S. government is hurting manufacturers with read more
Vote for your favorite FairTax ad
Doug Ross @ Journal | November 12th 2009
Yep, they're looking for contributions, too, but you can also give them feedback on their ads.The FairTax Plan is a worthy cause indeed, especially with the country in its current, dire financial situation. read more
Obama should be cutting taxes, not raising them.
Our Obama Nation | November 12th 2009
Obama’s health care bill threatens businesses and working individuals with a new battery of taxes but taxes won’t be enough to help offset its costs. To help offset costs, the bill takes away tax incentives designed to encourage busines read more
Economic Future Brightens, Led By Green Technology
Residential Solar Energy | November 12th 2009 by dean
The U.S. economy finally experienced a little growth in the third quarter of 2009, taking a small 3.5 percent step in the right direction. While this modest growth doesn’t have consumers or... read more
What Recession??? It’s Ovah!
EndsMeat – Where Celebrity Ends Meat. | November 12th 2009 by Michael Stone
Despite so many people still out of work and the economy in the state it’s in, it seems there’s still a lot of money to be thrown around. At least when it comes to art. Wednesday night, Sotheby’s auctioned off several post-war and read more
What Recession??? It’s Ovah!
EndsMeat – Where Celebrity Ends Meat. | November 12th 2009 by Michael Stone
Despite so many people still out of work and the economy in the state it’s in, it seems there’s still a lot of money to be thrown around. At least when it comes to art. Wednesday night, Sotheby’s auctioned off several post-war and read more
The U.S. isn't alone in failed stimulus packages: witness China's…
Doug Ross @ Journal | November 12th 2009
A transcontinental flight west will transport you to the site of another Keynesian disaster. China's $585 billion stimulus binge is intended to meet only one goal: achieving the government's mandated 8% growth in GDP. Which means building cities th read more
Obama Intends To Yammer More With “Jobs Summit”
Stop The ACLU.Com | November 12th 2009
Unemployment continues to go up. People are dropping off the unemployment roles having been on them so long. Some people are just plain giving up and going with “funemplyment.” The Generational Theft Act has failed to create anything othe read more
Reason TV Takes on the FedEx/UPS Fight
Stop The ACLU.Com | November 12th 2009
-By Warner Todd Huston The best one-liner? “It tells us who the real villain is here… a federal government that is big enough and powerful enough that it can absolutely, positively guarantee that it can crush any business over night.̶ read more
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