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The American Dream – what does it stand for today?
Catarina's World | December 14th 2009 by Catarina Alexon
It seems to me that a few bankers have managed to hijack and contaminate the American Dream. To them it means looking after number one at the expense of others, which is as far from the true meaning as you can get. And the price for that is being pai read more
Volcker: US Economy Dependent on Government Support
The Desidooru Saloon | December 13th 2009 by dan
Former Federal Reserve chairman Paul Volcker, keeping his name in the news, remains dour about the economy. This weekend in Germany, he opened up about the still underway crisis and how the few signs of economic life he’s witnessed are mainly the r read more
New Legislation Could Cost Real Estate Investment Firms More
Austin Texas Real Estate Blog | December 13th 2009 by Joe Cline
Taxes may be going up for real estate investments Real estate investment providers could be adversely affected by a bill that recently passed the U.S. House of Representatives that would tax real estate assets at the higher “ordinary income” rate read more
Them lovable crooks
Open Prism | December 13th 2009 by R Blake
Shock value is basically an excuse to pass the time. Bankrupt politics? Check. Swinging golfer? Check. Crooked financiers? Check! As the list of modern scandals goes on, I begin to realise that there is nothing we like better than a moan around the c read more
FIGHT by Erick Erickson
Chicago News Bench | December 12th 2009 by Tom Mannis
Must read: A well written op-ed from Erick Erickson, one of the top conservative bloggers, this is titled "Fight" by Erick Erickson. He is RedState's "dear leader" and also has a home page of his own. An excerpt from Erickson's post:The Founding Fat read more
Big Spending Congress is Raising the Federal Debt Ceiling to $14T…
The Desidooru Saloon | December 12th 2009 by dan
Congress is in the process of increasing the federal debt ceiling by $1.8 trillion to $14 trillion. It’s an incomprehensible sum, and even more so at a time of already massive debts and 10 percent unemployment. Investor’s Business Daily b read more
Kentucky Mortgage Lender\Broker Bond Update
Surety Bonds Blog | December 12th 2009
In Kentucky a new law was introduced regarding new requirements for mortgage lenders and brokers. HB 552 changes the license surety bond requirements for mortgage lenders and mortgage brokers. Under existing law, lenders are asked to obtain a surety read more
Parents Determined to Stop Violence Against Women
Kansas Free Press | December 12th 2009 by Everyday Citizen
TOPEKA, Kan. - On July 3, 2008, Christie Brungardt received news that is every mother's worst nightmare. Her 25-year-old daughter, Jana Mackey, a KU law student, had been killed by her daughter's ex-boyfriend in Lawrence. Jana was well-known through read more
Paul Volcker’s World Banker Wake-Up Call
The Desidooru Saloon | December 12th 2009 by dan
The poor bankers. Now Paul Volcker is giving them hell. Volcker was the last central banker in America to have any real integrity. He saw what needed to be done and he did it. He hiked up rates and brought consumer price inflation under control. Thus read more
Is America Ungovernable?
Outside The Beltway | OTB | December 12th 2009 by James Joyner
Progressives are increasingly frustrated that, despite having won the presidency by a comfortable margin and having solid majorities in the House and Senate — where they have a “filibuster-proof” 60 votes — they still canR read more
Reverse Mortgage Amendment Passes the House with Overwhelming Sup…
Reverse Mortgage Daily | December 11th 2009 by John Yedinak
Financial Services Bill H.R. 4173 passed in the House of Representatives this afternoon by a vote of 223-202. Included with it was the Reverse Mortgage Amendment proposed by Congresswoman Jan Schakowsky (D-IL) and Congresswoman Dina Titus (D-NV read more
Anthropogenic Market Warming
The Desidooru Saloon | December 11th 2009 by dan
We’re not really in Dakar. We left there after a couple of hours on the runway. But we thought it would fun to file a Daily Reckoning from such an exotic place. Now, we’re back in good ol’ Bawlamer, Maryland. No matter where you go in the world read more
Taibbi: US Economic Team is Packed With Wall Street Insiders
The Desidooru Saloon | December 11th 2009 by dan
Matt Taibbi’s Rolling Stone article on “Obama’s Big Sellout” provides a telling look at how the US government has reacted to the financial crisis. He details how new financial regulations are being woven together by Congress u read more
The Retarded Recovery
The Desidooru Saloon | December 11th 2009 by dan
Nothing is quite as disagreeable as a neighbor who has made a lot of money by not following your advice. After 9 months of ‘recovery’ they are all around us. They think they have perfected the art of bubble riding. Here on the back page, we alert read more
Reverse Mortgage Amendment Proposed to Consumer Financial Protect…
Reverse Mortgage Daily | December 11th 2009 by John Yedinak
Congresswoman Dina Titus (D-Nevada) and Congresswoman Jan Schakowsky (D-Illinois) co-sponsored an amendment to H.R. 4173, the Financial Services Bill being debated in the House of Representatives today. Amendment #209 would require the new Consumer F read more
Kentucky Public Official Bond
Surety Bonds Blog | December 11th 2009
On 04/07/2008, a new law was enacted relating to public officials in the state of Kentucky. The new law, HB 83, indicates that under existing law the required surety bond from the treasurer of the Public Service Commission must be a bond with surety. read more
Iowa Sanitary Disposal Project Operators Bond Update
Surety Bonds Blog | December 11th 2009
In Iowa, a new law was enacted concerning sanitary disposal project operators. The new law named SB 2276 increases the variety of financial assurance instruments that an operator of a sanitary disposal project can supply. The previous law required a read more
Friday Legal Updates™ - India, Sperm Donation, Israel, Ireland…
Surrogacy & Egg Donation Issues | December 11th 2009 by Theresa Erickson
Hello, and welcome to Friday Legal Updates regarding surrogacy, sperm donation, adoption, and other topics of interest. TGIF! Short but sweet so enjoy! 1. Florida - Florida Must Recognize Lesbian Adoption from Washington - The answer, an read more
Rep. Gutierrez to Introduce Immigration Reform Bill December 15
Immigration Impact | December 11th 2009
Today, Rep. Luis V. Gutierrez (D-IL.), announced that he will be introducing a comprehensive immigration reform bill in the House of Representatives on Tuesday, December 15, 2009. Congressman Gutierrez said “We have waited patiently for a work read more
Bruce Springsteen reaffirms gay marriage support ahead of legisla…
Discover New Music | December 11th 2009 by Steve Greenwood
Bruce Springsteen has reaffirmed his support for gay marriage ahead of a vote on legislation in his home state of New Jersey. The State Senate is set to vote on the marriage equality bill today (December 10). Governor Jon Corzine is attempting to see read more
Public Opinion Polls and the Future of Immigration Reform
Immigration Impact | December 11th 2009
For those of us who live and breathe immigration reform, it’s hard to remember that immigration isn’t everyone’s top priority. Not surprisingly, public opinion polls and headlines constantly remind us that health care and the economy consisten read more
A Signal for Congress to Get Moving on Climate Change
Cool Green Science: The Conservation Blog of The Nature Cons… | December 11th 2009
Yesterday saw an important step in the U.S. Senate toward meaningful U.S. climate legislation – and one in Oslo to endorse the role of forests in fighting climate change. Senators John Kerry (D-MA), Lindsey Graham (R-SC), and Joe Lieberman (I- read more
Forest Service Top Concern Now Climate Change
Hardwood Review | December 11th 2009 by Hardwood Review
Excerpts from the 12/11 Issue: Many in the hardwood industry have been relatively unaffected by National Forest issues (at least relative to western softwood producers who depend on national forest timber), and thus, pay little attention to the poli read more
Senator Debbie Stabenow -- Michigan -- Supports Alzheimer's Legis…
The Alzheimer's Reading Room | December 11th 2009 by Bob DeMarco
It will take you less than four minutes to tell your Senators and Congressperson that you believe legislation to support Alzheimer's caregivers is important. Four minutes to make a difference. Or you can sit back and do nothing. Are you the one that read more
Self Managed Mega Funds: Important Aspects To Take Into Considera…
Its My Blog | December 11th 2009 by Larry Nissen
With the more or less absent profits this year at the majority of super funds, resignees are considering to put their money somewhere else, predominantly to self managed mega funds (SMSF). Though, earlier than you begin converting all your retirement read more
Retirement Investments: Self Managed Hyper Funds
Its My Blog | December 11th 2009 by Larry Nissen
In view of the deficient incomes this year with a good number of super funds, retirees are planning to deposit their funds in another place, chiefly to self managed hyper funds (SMSF). Still, ahead of the moment you start re-formatting all your pensi read more
54 Percent Prefer Congress Do Nothing on Health Care
The Whig | December 11th 2009 by Septimus
Congress is working nights and weekends to pass legislation that Americans don't like.A majority -- 57 percent -- oppose the health care reform legislation being considered right now. About a third of Americans -- 34 percent -- favor the reforms. Th read more
Bankers are Even Less Popular Than Lawyers, Congress
The Desidooru Saloon | December 10th 2009 by dan
Bankers have sunk to a new low in the court of public opinion. According to a Bloomberg National Poll, two-thirds of Americans view finance executives unfavorably, and so bankers join some of the least-liked members of society — Congress, insu read more
NY Lawsuit Threatens Regional Cap and Trade System: A Sign of Wha…
HeatingOil.com | December 10th 2009 by Tara
(image: cloudave.com) Does a state have the right to institute laws that regulate emissions? A power company in New York is hoping to make the case that it does not. WNYC radio reported on Monday that Indeck Energy, based upstate, has filed a lawsui read more
The On-Again, Off-Again Depression
The Desidooru Saloon | December 10th 2009 by dan
The US stock market is still in “bounce mode.” All bounces come to an unhappy end. This will be no exception. If you step back a bit further, you could see it in a different light. Ten years ago, The Daily Reckoning warned of a long, Japan-like s read more
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