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Sunday, July 31, 2011

Sovereign Debt Ratings by Country | The Big Picture

Sovereign Debt Ratings by Country | The Big Picture

CHART SHOCK: The REAL Unemployment Rate Is 22% - Home - The Daily Bail

CHART SHOCK: The REAL Unemployment Rate Is 22% - Home - The Daily Bail

Peter Schiff Annihilates Geithner On Debt Ceiling Hyperbole: "He's Lying! He's Just Making This Stuff Up!" - Home - The Daily Bail

Peter Schiff Annihilates Geithner On Debt Ceiling Hyperbole: "He's Lying! He's Just Making This Stuff Up!" - Home - The Daily Bail

Gold Technical Analysis For The Week Of August 1, 2011

Gold Technical Analysis For The Week Of August 1, 2011

Statists Invent a New Argument Against Gold: They Want You to Ignore It | The Daily Capitalist

Statists Invent a New Argument Against Gold: They Want You to Ignore It | The Daily Capitalist

US financial crisis: How did we get here?

The World Is Getting Richer: Developing Economies Fall From 58% To 39% Of All Countries In 15 Years

The World Is Getting Richer: Developing Economies Fall From 58% To 39% Of All Countries In 15 Years

Rand Paul Fires Back At John McCain: "I'd Rather Be A Hobbit Than A Troll" (VIDEO) - Home - The Daily Bail

Rand Paul Fires Back At John McCain: "I'd Rather Be A Hobbit Than A Troll" (VIDEO) - Home - The Daily Bail

The “Homeownership Bubble” Is Still Deflating

The “Homeownership Bubble” Is Still Deflating

The Week Ahead: Central Bank Rate Decisions – BoE, BoJ, ECB, RBA; Economic Data – US Employment Report, ISM Manufacturing Report, PMI – China, Euro-zone, UK

The Week Ahead: Central Bank Rate Decisions – BoE, BoJ, ECB, RBA; Economic Data – US Employment Report, ISM Manufacturing Report, PMI – China, Euro-zone, UK

Japan Earthquake: 6.4 Quake Reportedly Hits Japan

Japan Earthquake: 6.4 Quake Reportedly Hits Japan

Keiser Report: Ghettofication of America (E168)

National Inflation Association

National Inflation Association

The Plan: 10 Steps to Restore Fiscal Responsibility - Conservative Christian Onward

The Plan: 10 Steps to Restore Fiscal Responsibility - Conservative Christian Onward

Sen. Rand Paul on Fox News America News HQ - 07/30/11

Euro Slide Continues On Global Debt Concerns

Euro Slide Continues On Global Debt Concerns

Henry Paulson's Ethics Waiver - Home - The Daily Bail

Henry Paulson's Ethics Waiver - Home - The Daily Bail

RonPaul - Never Surrender.mov

Ron Paul: It's All a Fraud - Boehner's "Cuts" Are Fictitious

The Debt-Ceiling Debacle: Three Investments to Make Before Washington Disfigures Your Portfolio - Money Morning

The Debt-Ceiling Debacle: Three Investments to Make Before Washington Disfigures Your Portfolio - Money Morning

World's first 'printed' plane snaps together and flies | Crave - CNET

World's first 'printed' plane snaps together and flies | Crave - CNET

'Syrian forces kill at least 24 in tank as... JPost - Middle East

'Syrian forces kill at least 24 in tank as... JPost - Middle East

Wall Street Mobilizes to Raise Debt Ceiling - NYTimes.com

Wall Street Mobilizes to Raise Debt Ceiling - NYTimes.com

Where the Money went





Dear Bert,

With America's attention fixated on what's happening in Washington concerning the debt crisis, I wanted to make sure you knew that the Government Accountability Office (GAO) has released the results of its one-time, limited audit of the Federal Reserve System.

The revelations are sickening – so-called "money" tossed around like confetti to banksters, foreign banks, and favored corporations.

Before I go into detail about their findings, let me first thank you for all your efforts in support of a thorough audit of our nation's central bank.  This isn't the full audit Ron Paul and Campaign for Liberty continue to push, but it is a first peek behind Ben Bernanke's curtain of secrecy. 

This audit only happened because of our historic grassroots Audit the Fed movement.

Of course, Audit the Fed was always about achieving a complete, thorough audit.  Audit the Fed was stymied at the last minute in the Senate last year, but the limited, one-time audit our efforts guaranteed has revealed a number of reasons for why we must not give up on a full audit.

Sixteen Trillion reasons, actually.

We have now learned that the Federal Reserve lent $16 trillion to both domestic and overseas financial institutions during the height of the financial crisis!

Let me rephrase that while the number sinks in - $16,000,000,000,000.

In less than three years.

From Dec. 1, 2007 – July 21, 2010, the Federal Reserve "created reserves in the banking system" (Bernanke slang for printing money) that exceeded not only the entire U.S. GDP for a year, but also the entire U.S. national debt that's accumulated over the past 224 years!

More than $3 trillion dollars were lent to overseas financial institutions in numerous countries, including in the U.K., Germany, and France.

In addition, we learned just how much the big banks who contributed heavily to the crisis were rewarded - including nearly $8 trillion to banks like Citigroup, Morgan Stanley, Merill Lynch, and Bank of America.

In February 2009, Campaign for Liberty made Audit the Fed our top legislative priority for the 111th Congress.

At the time, most Americans didn't even know what the Federal Reserve was.

But thanks to an unprecedented level of grassroots pressure generated by C4L members like you across the country, we were able to pry open just a portion of the Fed's books for the first time in history

An Economy at Stall Speed | The Big Picture

An Economy at Stall Speed | The Big Picture

Saturday, July 30, 2011

Rand Paul | United States Senator

http://paul.senate.gov/


Face piles and piles of trials with smiles.

Once Unthinkable, Breakup of Big Banks Now Seems Feasible - ProPublica

http://www.propublica.org/thetrade/item/once-unthinkable-breakup-of-big-banks-now-seems-feasible/


Face piles and piles of trials with smiles.

Washington's Blog

Washington's Blog

Qassem Suleimani: the Iranian ... (guardian.co.uk)



Qassem Suleimani: the Iranian general 'secretly running' Iraq
http://www.guardian.co.uk/world/2011/jul/28/qassem-suleimani-iran-iraq-influence

---
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Face piles and piles of trials with smiles.

KENYA: Drought exacerbates con... (irinnews.org)



KENYA: Drought exacerbates conflict in Turkana
http://www.irinnews.org/report.aspx?ReportID=93363

---
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Face piles and piles of trials with smiles.

Vietnam shoe plant fire kills ... (bbc.co.uk)



Vietnam shoe plant fire kills 17
http://www.bbc.co.uk/news/world-asia-pacific-14352275

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Face piles and piles of trials with smiles.

Five killed as Syrian troops s... (independent.co.uk)



Five killed as Syrian troops storm two towns
http://www.independent.co.uk/news/world/middle-east/five-killed-as-syrian-troops-storm-two-towns-2328913.html

---
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Face piles and piles of trials with smiles.

Libya rebels say Younis killer... (guardian.co.uk)



Libya rebels say Younis killers were 'Islamist element'
http://www.guardian.co.uk/world/2011/jul/30/libya-general-younis-islamists-blamed

---
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Face piles and piles of trials with smiles.

A note to you disenchanted tea... (redstate.com)



A note to you disenchanted tea party activists
http://www.redstate.com/erick/2011/07/29/a-note-to-you-disenchanted-tea-party-activists/

---
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Face piles and piles of trials with smiles.

Tech-savvy president wages Twi... (hotair.com)



Tech-savvy president wages Twitter campaign against GOP, loses 36,000+ followers - Hot Air
http://hotair.com/archives/2011/07/29/tech-savvy-president-wages-twitter-campaign-against-gop-loses-36000-followers/

---
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Face piles and piles of trials with smiles.

The Obama Economy is So Bad – ... (conservativedailynews.com)



The Obama Economy is So Bad – Even the Illegals are Leaving
http://conservativedailynews.com/2011/07/the-obama-economy-is-so-bad-even-the-illegals-are-leaving/

---
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Face piles and piles of trials with smiles.

How to stop a jihadi GI (nypost.com)



How to stop a jihadi GI
http://www.nypost.com/p/news/opinion/opedcolumnists/how_to_stop_jihadi_gi_nPEQlGs8b0lbanTxAOC2gM

---
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Face piles and piles of trials with smiles.

For Investors, Cash Is King - WSJ.com

For Investors, Cash Is King - WSJ.com

Terrorist Attack Cycle | STRATFOR

Terrorist Attack Cycle | STRATFOR

Are We Really Drowning In Red Ink? A Closer Look At Our Non-Exceptional Debt And Deficit Crisis | TPMDC

Are We Really Drowning In Red Ink? A Closer Look At Our Non-Exceptional Debt And Deficit Crisis | TPMDC

Why the Debt Crisis Is Even Worse Than You Think - BusinessWeek

Why the Debt Crisis Is Even Worse Than You Think - BusinessWeek

Bernie Sanders: The Top Ten U.S. Corporate Tax Avoiders - Home - The Daily Bail

Bernie Sanders: The Top Ten U.S. Corporate Tax Avoiders - Home - The Daily Bail

One Chart To Explain The Entire Financial Crisis

One Chart To Explain The Entire Financial Crisis

Monetary Policy Week In Review – 30 July 2011

Monetary Policy Week In Review – 30 July 2011

America Is A Country In Debt | Wink and Wink, P.C.

America Is A Country In Debt | Wink and Wink, P.C.

FT Alphaville » Terry Smith says the world is living in a fantasy

FT Alphaville » Terry Smith says the world is living in a fantasy

Friday Bank Closing Report July 29, 2011

Friday Bank Closing Report July 29, 2011

Foreclosed 23-Story, 475,789 Sq. Ft. KeyBank Center Auctioned Off for $7.15M; Handing Over the Keys, Cleveland Style

Foreclosed 23-Story, 475,789 Sq. Ft. KeyBank Center Auctioned Off for $7.15M; Handing Over the Keys, Cleveland Style

Mish's Global Economic Trend Analysis: Great Divide; Boehner Rams Through Bill that Senate Quickly Rejects; Obama's Idle Threats and Fear Mongering

Mish's Global Economic Trend Analysis: Great Divide; Boehner Rams Through Bill that Senate Quickly Rejects; Obama's Idle Threats and Fear Mongering

PolitiFact | Tom Coburn says government is twice the size it was a decade ago

PolitiFact | Tom Coburn says government is twice the size it was a decade ago

Obama Labor Official Raymond Jefferson Quits After Internal Ethics Investigation Probe | TheBlaze.com

Obama Labor Official Raymond Jefferson Quits After Internal Ethics Investigation Probe | TheBlaze.com

White House puts up Misleading Chart Blaming Bush for Debt - Conservative Christian Onward

White House puts up Misleading Chart Blaming Bush for Debt - Conservative Christian Onward

China Says Aircraft Carrier Only for Research, Training - WSJ.com

China Says Aircraft Carrier Only for Research, Training - WSJ.com

BOE policymaker warns of fall back into recession - July 29, 2011

BOE policymaker warns of fall back into recession - July 29, 2011

Moody's expects to affirm U.S. rating | Reuters

Moody's expects to affirm U.S. rating | Reuters

Articles: Obama and the Drug Cartels

Articles: Obama and the Drug Cartels

Friday, July 29, 2011

Boston Scientific to lay off 1,200-plus - The Boston Globe

Boston Scientific to lay off 1,200-plus - The Boston Globe

Succinct Summation of Week’s Events (7.29.11) | The Big Picture

Succinct Summation of Week’s Events (7.29.11) | The Big Picture

Spread truth..free people's minds! July 30th Phone Bomb

Sen. Rand Paul on CNN with Wolf Blitzer - 07/29/11

Top Iranian Revolutionary Guard in Line to Become Oil Minister, OPEC Head | CNSnews.com

Top Iranian Revolutionary Guard in Line to Become Oil Minister, OPEC Head | CNSnews.com

Pelosi: ‘My Work in Politics’ Is ‘An Extension of My Role as a Mom’ | CNSnews.com

Pelosi: ‘My Work in Politics’ Is ‘An Extension of My Role as a Mom’ | CNSnews.com

SR 21 Debt Limit Debate 3 - July 29, 2011

The Debt-Ceiling Debacle: Another Way Politicians Could Ruin America - Money Morning

The Debt-Ceiling Debacle: Another Way Politicians Could Ruin America - Money Morning

The Debt-Ceiling-Debacle: The Surprising Way a Default or Downgrade Could Crush the Global Economy - Money Morning

The Debt-Ceiling-Debacle: The Surprising Way a Default or Downgrade Could Crush the Global Economy - Money Morning

McDonald’s to Open a Restaurant a Day in China in Four Years - Bloomberg

McDonald’s to Open a Restaurant a Day in China in Four Years - Bloomberg

Independents Souring on President Obama, Poll Shows - Washington Wire - WSJ

Independents Souring on President Obama, Poll Shows - Washington Wire - WSJ

Technologies that will get automakers to 54.5 mpg | Green Tech - CNET News

Technologies that will get automakers to 54.5 mpg | Green Tech - CNET News

In Perspective: Right Now, Apple Has More Cash On Hand Than Treasury : The Two-Way : NPR

In Perspective: Right Now, Apple Has More Cash On Hand Than Treasury : The Two-Way : NPR

ATF corruption


'Fast and Furious' traced to White House

M Catharine Evans
Did President Obama and Attorney General Eric Holder authorize the ATF's deadly Fast and Furious operation?  During Tuesday's testimony on Capitol Hill, William Newell, a former special agent in charge of the Phoenix field division of the Bureau of Alcohol, Tobacco, Firearms and Explosives told the House Committee on Oversight and Government Affairs he discussed the case with a White House National Security staffer as early as September 2010.
According to Townhall's Katie Pavlich, Newell also stated that several other agencies including the DHS, ICE, IRS and the DOJ "were all heavily involved and were full partners in coming up with the concept and execution."
Committee Chairman Congressman Darrell Issa (R-Ca) addressed Mr. Newell regarding the lethal consequences of ATF's gunwalking strategy at Tuesday's hearing.
You had the same people buying weapons repeatedly, leading to the same cartel, and you didn't quit because you hadn't made your case and so continued selling until had you had a dead federal agent and a scandal.
Emails released during the course of the investigation in March revealed that drug-related murders were up last year.
"958 killed in March 2010 ... most violent month since 2005." The same e-mail notes: Our subjects purchased 359 firearms during March alone," including "numerous Barrett .50 caliber rifles."
Before Tuesday's hearing ATF whistleblower Agent John Dodson told investigators he tried to warn his superiors about the escalating violence.
I even asked them if they could see the correlation between the two...The more our guys buy, the more violence we're having down there.
Dodson and other sources stated that Fast and Furious had been approved all the way up to the Justice Department. But so far, nobody at the Justice Department has publicly acknowledged a role in the case, and President Obama has said neither he nor Attorney General Eric Holder knew anything about it until the story broke after the murder of Border Patrol Agent Brian Terry in a Sonora, Arizona gun battle in December 2010.
So what did the President know and when did he know it? The Townhall article also cites an April 2009 joint press conference in Mexico City with Obama and President Felipe Calderon. Obama specifically refers to "gun tracing" and "gun information" as important "issues" in dealing with the drug cartels.
Our focus is to work with Secretary Napolitano, Attorney General Holder, our entire Homeland Security team, ATF, border security, everybody who is involved with this to coordinate with our counterparts in Mexico to significantly ramp up our enforcement of existing laws.
In fact, I've asked Eric Holder to do a complete review of how our current enforcement operations our working and make sure we are cutting down on the loop holes that are causing some of these drug trafficking problems.
Last point I would make, is that there are going to be some opportunities where I think we can build some strong consensus I'll give you one example and that is the issue of gun tracing, the tracing of bullets and ballistics and gun information that had been used in major crimes."
It seems implausible that President Obama and Eric Holder did not know about Fast and Furious. Did they directly green light the operation which commenced in Fall 2009, months after the April press conference? Did they use stimulus monies to implement the insane policy that led to the deathsof U.S Border Patrol Agent Brian Terry, ICE Special Agent Jaime Zapata and approximately 150 Mexican law enforcement officials?

Ron Paul's Debt Solution: Bring the Troops Home, Fire Useless Bureaucrat...

Ron Paul's Debt Solution: Bring the Troops Home, Fire Useless Bureaucrat...

Articles: Tea Party Crashes Washington Orgy

Articles: Tea Party Crashes Washington Orgy

Government Spending as a Percentage of GDP | The Big Picture

Government Spending as a Percentage of GDP | The Big Picture

Texas Insider » GDP Report Shows Economy Even Weaker Than Expected

Texas Insider » GDP Report Shows Economy Even Weaker Than Expected

Mish's Global Economic Trend Analysis: Boehner's Credibility Gone in Revised Proposal; Boehner Tells Congress to "Get Your Ass in Line"; Best Deal Republicans Can Get?

Mish's Global Economic Trend Analysis: Boehner's Credibility Gone in Revised Proposal; Boehner Tells Congress to "Get Your Ass in Line"; Best Deal Republicans Can Get?

Mish's Global Economic Trend Analysis: Not Raising the Debt Ceiling Would be Blessing; Debt Limit Analysis; Interactive Map, You Decide What Not To Pay

Mish's Global Economic Trend Analysis: Not Raising the Debt Ceiling Would be Blessing; Debt Limit Analysis; Interactive Map, You Decide What Not To Pay

The Daily Capitalist

The Daily Capitalist

Chart of the Day - Post-Massive Bear Market Rallies

Chart of the Day - Post-Massive Bear Market Rallies

ELABORATE WELFARE HOUSING PROJECT

Carmakers Back Strict New Rules for Gas Mileage - NYTimes.com

Carmakers Back Strict New Rules for Gas Mileage - NYTimes.com

Thursday, July 28, 2011

Putting the Country Back on Gold - Robert P. Murphy - Mises Daily

Putting the Country Back on Gold - Robert P. Murphy - Mises Daily

Congressional members net worth up 3669 percent

Congressional members net worth up 3669 percent

Obama Talked About "Gun Tracing" in 2009 - Katie Pavlich

Obama Talked About "Gun Tracing" in 2009 - Katie Pavlich

Reid's Plan and Boehner's Plan are the Same Useless Political Games - Conservative Christian Onward

Reid's Plan and Boehner's Plan are the Same Useless Political Games - Conservative Christian Onward

Modern Land Grab: Foreigners U.S. Real Estate Buys | The Big Picture

Modern Land Grab: Foreigners U.S. Real Estate Buys | The Big Picture

Once Unthinkable, Breakup of Big Banks Now Seems Feasible - NYTimes.com

Once Unthinkable, Breakup of Big Banks Now Seems Feasible - NYTimes.com

Sen. Rand Paul on Fox News with Greta Van Susteran - 07/27/11

OBAMA SAYS CONSTITUTION DEEP FLAW CONTINUES TODAY

As U.S. Credit Downgrade Looms, Municipalities And Pension Funds Seen To Be At Risk

As U.S. Credit Downgrade Looms, Municipalities And Pension Funds Seen To Be At Risk

110728 - Hyper Report

Report: Shot Iranian said to be nuke expert - Israel News, Ynetnews

Report: Shot Iranian said to be nuke expert - Israel News, Ynetnews

Is Economic Weakness Determining the Large-Deficit Outcome of the Debt Ceiling Debate? | The Daily Capitalist

Is Economic Weakness Determining the Large-Deficit Outcome of the Debt Ceiling Debate? | The Daily Capitalist

'Washington Math' Adds Up to the Debt-Ceiling Deadlock - Money Morning

'Washington Math' Adds Up to the Debt-Ceiling Deadlock - Money Morning

The Debt-Ceiling Debate: The Death of the "Risk-Free" Investment - Money Morning

The Debt-Ceiling Debate: The Death of the "Risk-Free" Investment - Money Morning

Rep. Lankford: Lawmakers Exploiting Failed Gunrunner Operation to Limit 2nd Amendment | CNSnews.com

Rep. Lankford: Lawmakers Exploiting Failed Gunrunner Operation to Limit 2nd Amendment | CNSnews.com

McCain: Tea Partiers Have Bad ‘Hobbit’ Of Not Supporting A Raise In Debt Ceiling | CNSnews.com

McCain: Tea Partiers Have Bad ‘Hobbit’ Of Not Supporting A Raise In Debt Ceiling | CNSnews.com

Nadler: ‘We Don’t Have a Deficit Problem Right Now’ | CNSnews.com

Nadler: ‘We Don’t Have a Deficit Problem Right Now’ | CNSnews.com

ATF scandal, Debt ceiling, GE

Norway: Lessons from a Successful Lone Wolf Attacker | STRATFOR

Norway: Lessons from a Successful Lone Wolf Attacker | STRATFOR

Mish's Global Economic Trend Analysis: "Unexpected" Decline in Durable Goods Orders; Highest Level of Inventories Ever; Capital Goods Orders Plunge 4.1 Percent

Mish's Global Economic Trend Analysis: "Unexpected" Decline in Durable Goods Orders; Highest Level of Inventories Ever; Capital Goods Orders Plunge 4.1 Percent

Chris Christie on Obama

Chris Christie on Obama

Financial Armageddon: Going Bananas

Financial Armageddon: Going Bananas

Is BP’s Macondo Well Site Still Leaking? Fresh Oil on the Gulf Raises Concerns and Haunting Memories | Stuart H. Smith

Is BP’s Macondo Well Site Still Leaking? Fresh Oil on the Gulf Raises Concerns and Haunting Memories | Stuart H. Smith

Dispatch: Energy Pipeline Politics in the Former Soviet Union

Jefferson County Stares Down Bankruptcy as Citizens Grow Weary of Crisis - Bloomberg

Jefferson County Stares Down Bankruptcy as Citizens Grow Weary of Crisis - Bloomberg

IMF warns France on deficit and slowing growth - Yahoo! News

IMF warns France on deficit and slowing growth - Yahoo! News

Wednesday, July 27, 2011

Golden Salute to Global Breakdown

Affects of U.S. Debt and Gold on

Affects of U.S. Debt and Gold on

Case-Shiller: Home Prices Fell 4.5% in last 12 months | Credit Writedowns

Case-Shiller: Home Prices Fell 4.5% in last 12 months | Credit Writedowns

Internal Doc Reveals GMAC Filed False Document in Bid to Foreclose - ProPublica

Internal Doc Reveals GMAC Filed False Document in Bid to Foreclose - ProPublica

Gasparino: Obama Strikes Fear Into Americans With Social Security Threats While Privately Reassuring Wall Street That There Will Be NO DEFAULT If Aug. 2 Passes Without Deal - Home - The Daily Bail

Gasparino: Obama Strikes Fear Into Americans With Social Security Threats While Privately Reassuring Wall Street That There Will Be NO DEFAULT If Aug. 2 Passes Without Deal - Home - The Daily Bail

Carson Block Highlights China’s ‘Risky Business’

Carson Block Highlights China’s ‘Risky Business’

Ideas and the Culpability for Violence - Llewellyn H. Rockwell Jr. - Mises Daily

Ideas and the Culpability for Violence - Llewellyn H. Rockwell Jr. - Mises Daily

110727 - Hyper Report

Harry Shearer's The Big Uneasy - The Army Corps' Katrina Cover Up

There’s Only One Way to Avoid a Downgrade to U.S. Credit | The Big Picture

There’s Only One Way to Avoid a Downgrade to U.S. Credit | The Big Picture

If You Don’t Understand People, You Don’t Understand Business | The Big Picture

If You Don’t Understand People, You Don’t Understand Business | The Big Picture

Rating Agencies Don't Deserve Government Blessing, Tavakoli Says

Rating Agencies Don't Deserve Government Blessing, Tavakoli Says

GE moving X-ray business to China

http://articles.boston.com/2011-07-26/business/29817324_1_ge-healthcare-x-ray-business-china-last-year#.TjCk7MfGCIc.gmail

Obama on Recession: ‘Less Money Coming In,’ So We Had to ‘Spend Even More’ | CNSnews.com

Obama on Recession: ‘Less Money Coming In,’ So We Had to ‘Spend Even More’ | CNSnews.com

White House Staffer Knew About Gun Running Operation Last Fall | CNSnews.com

White House Staffer Knew About Gun Running Operation Last Fall | CNSnews.com

U.S. Debt Default Would Be Worse Than Lehman Brothers Collapse - Money Morning

U.S. Debt Default Would Be Worse Than Lehman Brothers Collapse - Money Morning

The Debt-Ceiling Debacle: Three Investments to Make Before Washington Disfigures Your Portfolio - Money Morning

The Debt-Ceiling Debacle: Three Investments to Make Before Washington Disfigures Your Portfolio - Money Morning

Guns from U.S. sting found at Mexican crime scenes

Found this interesting link on the Drudge Report:

Guns from U.S. sting found at Mexican crime scenes

http://mobile.reuters.com/article/idUSTRE76P33T20110726?irpc=932


Get iDrudgeReport on your iPod Touch, iPhone or iPad free at the iTunes Store:
http://itunes.apple.com/us/app/official-drudge-report-free/id375614185?mt=8


Life is good.

Issa: Obama admin intimidating witnesses in ATF gun probe - Washington Times

Found this interesting link on the Drudge Report:

Issa: Obama admin intimidating witnesses in ATF gun probe - Washington Times

http://m.washingtontimes.com/news/2011/jul/26/issa-atf-warns-witnesses-to-limit-testimony/


Get iDrudgeReport on your iPod Touch, iPhone or iPad free at the iTunes Store:
http://itunes.apple.com/us/app/official-drudge-report-free/id375614185?mt=8


Life is good.

What's Wrong With America's Job Engine? - WSJ.com

What's Wrong With America's Job Engine? - WSJ.com

Mish's Global Economic Trend Analysis: New Record Low: Only 6% of Voters Think Congress is Doing a Good Job

Mish's Global Economic Trend Analysis: New Record Low: Only 6% of Voters Think Congress is Doing a Good Job

The Small Bank Problem: Why We Are 40,000 Properties Away From Recovery

The Small Bank Problem: Why We Are 40,000 Properties Away From Recovery

Tuesday, July 26, 2011

Introducing Spenditol - "Makes You Feel Better Now, And Pushes All The Really Bad Stuff 'Till Later!" - Home - The Daily Bail

Introducing Spenditol - "Makes You Feel Better Now, And Pushes All The Really Bad Stuff 'Till Later!" - Home - The Daily Bail

Germany's Choice: Part 2 | STRATFOR

Germany's Choice: Part 2 | STRATFOR

Historian Outlines Egypt's Uncertain Way Forward After Arab Spring - Miller-McCune

Historian Outlines Egypt's Uncertain Way Forward After Arab Spring - Miller-McCune

Mish's Global Economic Trend Analysis: Fiat Money Produces Endless Sea of Wars, Debt, Social Inequality, Economic Bubbles, Rampant Consumerism, Environmental Rape; Why Gold is the Answer

Mish's Global Economic Trend Analysis: Fiat Money Produces Endless Sea of Wars, Debt, Social Inequality, Economic Bubbles, Rampant Consumerism, Environmental Rape; Why Gold is the Answer

Mish's Global Economic Trend Analysis: Fiat Money Produces Endless Sea of Wars, Debt, Social Inequality, Economic Bubbles, Rampant Consumerism, Environmental Rape; Why Gold is the Answer

Mish's Global Economic Trend Analysis: Fiat Money Produces Endless Sea of Wars, Debt, Social Inequality, Economic Bubbles, Rampant Consumerism, Environmental Rape; Why Gold is the Answer

Social Security Didn't Create the Deficit

Leadership by Economic Hostage Taking

Russia's Afghan Addiction on Vimeo

Russia's Afghan Addiction on Vimeo

AIG’s $450M Deal Gets Nod

AIG’s $450M Deal Gets Nod

Financial Armageddon: But I Thought It Doesn't Matter?

Financial Armageddon: But I Thought It Doesn't Matter?

FOX: “Ron Paul Is A Name You Should Probably Watch Out For” « RunRonPaul.com

FOX: “Ron Paul Is A Name You Should Probably Watch Out For” « RunRonPaul.com

Debt Crises, Real and Fake - NYTimes.com

Debt Crises, Real and Fake - NYTimes.com

Converging On The Horizon | The Big Picture

Converging On The Horizon | The Big Picture

110726 - Hyper Report

NewsBusted 7/26/11

How The Debt Ceiling Affects YOU «

How The Debt Ceiling Affects YOU «

Video - Asia Today: Traders in Asia Sell Dollar; Soros Turns Hedge-Fund into 'Family Office' - WSJ.com

Video - Asia Today: Traders in Asia Sell Dollar; Soros Turns Hedge-Fund into 'Family Office' - WSJ.com

Fwd: Financial Armageddon: Don't Quite Have this Bull-Shilling Thing Down by Michael J. Panzner



Face piles and piles of trials with smiles.

Begin forwarded message:

From: Financial Armageddon <panzner@gmail.com>
Date: July 26, 2011 12:11:45 AM CDT
To: bertpowers@me.com
Subject: Financial Armageddon: Don't Quite Have this Bull-Shilling Thing Down by Michael J. Panzner

Financial Armageddon: Don't Quite Have this Bull-Shilling Thing Down by Michael J. Panzner


Don't Quite Have this Bull-Shilling Thing Down

Posted: 25 Jul 2011 02:12 PM PDT

I can't beat 'em, so guess I'll join 'em.

Hey look, it's a bull market...

Bullmarketshadow

...in the shadow inventory of actual and prospective foreclosure properties sitting on banks books.

Wait, what? Sounds like a heck of a lot of supply that can suddenly hit the market. That's not so good, is it?

Oops, I guess I need to work on my bull-shilling skills.

The truth is, unlike those highly paid "experts" who keep talking about a housing recovery being underway, I still haven't quite figured out how to spin worsening fundamentals into an improving outlook.

(Chart courtesy of Laurie Goodman at Amherst Securities, via The Atlantic)


Safe-Haven Currencies: If You Want to Flee the U.S. Dollar, Here Are Four Places to Hide - Money Morning

Safe-Haven Currencies: If You Want to Flee the U.S. Dollar, Here Are Four Places to Hide - Money Morning

Don't Miss the Chance to Profit from the Silver Price Rebound - Money Morning

Don't Miss the Chance to Profit from the Silver Price Rebound - Money Morning

U.S. Border Patrol Agent Killed for His Night-Vision Equipment, Suspect Says | CNSnews.com

U.S. Border Patrol Agent Killed for His Night-Vision Equipment, Suspect Says | CNSnews.com

Democratic Rep: Debt Crisis Has Been ‘Manufactured by House Republicans’ | CNSnews.com

Democratic Rep: Debt Crisis Has Been ‘Manufactured by House Republicans’ | CNSnews.com

Obama: Idea of Changing Immigration Laws on My Own ‘Is Very Tempting’ | CNSnews.com

Obama: Idea of Changing Immigration Laws on My Own ‘Is Very Tempting’ | CNSnews.com

Greenspan's Fatal Conceit - Jonathan M. Finegold Catalan - Mises Daily

Greenspan&#39;s Fatal Conceit - Jonathan M. Finegold Catalan - Mises Daily

The One Thing The National Debt-Ceiling Has Never Done? Put A Ceiling On The Rising National Debt

The One Thing The National Debt-Ceiling Has Never Done? Put A Ceiling On The Rising National Debt

U.S. CB Consumer Confidence Rises Unexpectedly In July

U.S. CB Consumer Confidence Rises Unexpectedly In July

How Big Is E-Commerce? | The Big Picture

How Big Is E-Commerce? | The Big Picture

2009 05 01 How To Build A Lean Startup Step By Step

2009 05 01 How To Build A Lean Startup Step By Step

Long-Term Unemployment, by State | The Big Picture

Long-Term Unemployment, by State | The Big Picture

SR 20 - The Debt Ceiling Debate

Who Sold Libya Its Supermissiles? | Danger Room | Wired.com

Who Sold Libya Its Supermissiles? | Danger Room | Wired.com

Dispatch: Europe's Far-Right Parties and the Norway Attacks

Wanted: A New Spending Scorecard | CNSnews.com

Wanted: A New Spending Scorecard | CNSnews.com

U.S. trucking funds reach Taliban, military-led investigation concludes - The Washington Post

U.S. trucking funds reach Taliban, military-led investigation concludes - The Washington Post

Obama: Republicans’ Fault If Social Security Checks Don’t Go Out | CNSnews.com

Obama: Republicans’ Fault If Social Security Checks Don’t Go Out | CNSnews.com

110725 - Hyper Report

Monday, July 25, 2011

Chart Of The Day: Texas Jobs Vs. California Jobs

Chart Of The Day: Texas Jobs Vs. California Jobs

Quote Of The Day: Understanding Mercantilism

Quote Of The Day: Understanding Mercantilism

Mish's Global Economic Trend Analysis: Central Falls Gives Ballots to Police and Firefighters Asking for 50% Pension Reductions or Risk Losing Everything in Bankruptcy Court

Mish's Global Economic Trend Analysis: Central Falls Gives Ballots to Police and Firefighters Asking for 50% Pension Reductions or Risk Losing Everything in Bankruptcy Court

Mish's Global Economic Trend Analysis: It's Official Now, Fitch Declares Greece in Default; German Central Bank Openly Critical of Deal

Mish's Global Economic Trend Analysis: It's Official Now, Fitch Declares Greece in Default; German Central Bank Openly Critical of Deal

Tax Burden By State

Tax Burden By State

A visualization of US debt (credit card bill) stacked in 100 dollar bills

A visualization of US debt (credit card bill) stacked in 100 dollar bills

Moody's warns Greek default almost certain | Reuters

Found this interesting link on the Drudge Report:

Moody's warns Greek default almost certain | Reuters

http://www.reuters.com/article/2011/07/25/us-markets-ratings-greece-idUSTRE76O0I420110725


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Face piles and piles of trials with smiles.

Nice House, Bad ‘Hood

Nice House, Bad ‘Hood

MIchigan: 53% More Administrators Than Faculty

MIchigan: 53% More Administrators Than Faculty

Crude Oil Futures Extend Losses On U.S. Debt Stalemate

Crude Oil Futures Extend Losses On U.S. Debt Stalemate

The Plan: Smashed and Surpassed - Jeffrey A. Tucker - Mises Daily

The Plan: Smashed and Surpassed - Jeffrey A. Tucker - Mises Daily

Ron Paul on Cavuto: Biggest problem is admitting the country is bankrupt « RunRonPaul.com

Ron Paul on Cavuto: Biggest problem is admitting the country is bankrupt « RunRonPaul.com