Financial News Update – 11/09/09
Nov 9th, 2009 by TMH
House health bill unacceptable to many in Senate
India, China Central Banks Rather Have Gold Than Dollars
Is Secretary Duncan Using Stimulus Cash As A Slush Fund?
Obama’s Failed Stimulus in Pictures: 10.2% Unemployment
Dem Congressman says Obama called opposition: ‘Teabag, anti-government people’
GOLD HITS RECORD HIGH AS DOLLAR WANES
SNEAKER OF THE HOUSE: PASSED ON A SATURDAY NIGHT
Communist consumer goods make comeback
I’m doing ‘God’s work’. Meet Mr Goldman Sachs
Inside The Global Frenzy For Gold
AIG Taps Another $2.1 Billion from US for ILFC Share Purchase
Calderon Says Mexico No Longer in Recession
Mexico Faces Possible Downgrade After Tax Bill
World Unemployment Up Despite Economic Recovery
Japan PM: The State of the Economy is Severe
Japanese Shares Close Down 2.31% Over Doubts of US Recovery
Bank of Japan Begins Gradual Pullout of Credit Markets
No risk of hyperinflation, says Bernanke. (I feel so much safer now, knowing that he’s grounding the helicopters.)
The Truth about Hyperinflation and Price Controls.
Ahead of the Bell: Consumer Credit
Analysis: 10% Jobless is Obama’s New World. Sadly, 18-22% is more realistic. See the data at ShadowStats.com.
Unemployment Rate Rises Above 10%. “The 10.2 percent unemployment rate does not include people without jobs who have stopped looking for work or those who have settled for part-time jobs. If you counted those people, the unemployment rate would be 17.5 percent, the highest on records dating from 1994.”
Freddie Mac Loses $6.3 Billion in Third Quarter
Consumer Borrowing Drops $14.8 Billion in September
Oil Prices Tumble (on Friday)
AIG Plunges as Sales Decline at Life, Property Units
Soaring US Unemployment Threatens Path to Economic Recovery
Pelosi: Buy a $15,000 Policy or Go to Jail. We are just now starting to learn what was hidden in the “fine print” of HR 3962, the 2,000+ page bill that was just ramrodded through the House of Representatives on a Saturday.. All that we can hope to do now is stop this socialist legislation in the US Senate. If you are concerned about this bill, then please contact your Senator by both phone and snail mail!



















The perfect gift any time.
