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Financial News Update – 12/07/09
Dec 7th, 2009 by TMH
The Bailout Was a Wealth Transfer Scheme
Recession Seen Lasting 20 Years
Rosengren: U.S. Should Have Seized AIG
Abortion Emerges as Top Bill Threat
Obama presses Democrats on health-care bill
Copenhagen climate talks will hinge on economics
Johns Hopkins Medicine CEO: Obamacare Will Have “Catastrophic Effects” on Health-Care Safety-Net
EPA Formally Declares CO2 a Dangerous Pollutant
Copenhagen Conference Begins While The Global Warming Scare Ends
Guest Blogger: Rep. Sensenbrenner (R-WI) Says Climategate Should be in Copenhagen Agenda
Video: Harry Reid Calls 10% Unemployment “Progress”
Obamacare in the Senate: Cutting Medicare
Morning Bell: The Copenhagen Climate Comedy
AP: Obama’s closed-door open-government meeting
Harry Reid Compares Opponents of Health Care Reform to Supporters of Slavery
STIMULUS MATH: $246,436 cost per job so far
Pelosi Endorses ‘Global’ Tax to Fund Stimulus Spending, Have Wall St. ‘Pitching In’
BREAKING RULES: Lawmakers and families continue to take trips hosted by private groups, companies
OBAMA RACES TO HILL TO SAVE HEALTHCARE!
Jobless professionals vie for holiday sales work
U.S. Slashes Bailout Cost by $200 Billion
24 States Borrow Money To Pay Unemployment Benefits
Heh, I Thought Dubai Was a Non-Event.
Chinese Official Slams Western Banks Over Derivatives
Gold Will Reach Mind-Boggling Levels
High US Jobless Rates Could be New Normal
China Wary of Gold “Bubble” Danger After Doubling its Reserve.
Recent World Events Indicate Impending Market Chaos.
Taxpayers in 29 States Hit With Higher Taxes
This is Progress? Jobs Data Optimism Obscures Harsh Reality
U.S. Bank Failures Continue Apace.
Financial institutions urged to make banking accessible
UN says global economy will bounce back in 2010. [Again, one for the Economic Humor section.]
Goldman Sachs December Party Ban: No Groups of 12 Or More. So, 10 lords a leaping, nine ladies dancing is totally OK. But if you see 12 bankers — they’d better be banking!
Most Americans Not Confident About Financial Future
Stocks Mostly Rise as Fed Sees Improving Economy
Senator Moves to Block Bernanke Confirmation
