Financial News Update – 02/02/10

Money Market Funds Can Now Prevent Redemptions

**REUTERS: Backdoor taxes to hit middle class… (Hat Tip: Steve Schippert)

**REUTERS pulls tax story… (Hat Tip: Steve Schippert)

Obama budget sets strategy for fall campaign (Hat Tip: Brian B.)

Largest-ever federal payroll to hit 2.15 million (Hat Tip: Brian B.)

$30B in TARP funds to go to small-business lending

The most bloated budget ever

EPA should put carbon regs on hold

Demand for corporate loans in US falls

Roubini: Euro Zone Could Collapse Due to Greece, Spain

Economist: More Greek Debt Tragedy to Come

GDP Report Seems to Be Grossly Exaggerated

Morning Bell: A Budget for a European Welfare State

$173 Billion in Subsidies Won’t Solve College Affordability Problem

Learn from Britain’s Mistakes: Don’t Centralize Health Care in Washington

U.S. Losing Global Competitiveness with High Corporate Tax Burden

UPDATE: Leaked climate emails scientist ‘hid’ data flaws

Strange case of moving weather posts

Canadian Premier COMES TO USA for surgery

PAY UP: City still waiting for reimbursement from Obama’s 2008 visit

Heists Targeting Truckers On Rise

GOP Rips ‘Too Much’ Budget

Housing Crisis Red Flags Ignored

SEC Workers Investigated for Porn Surfing

2 Dems Support Bill to Nix Funding of 9/11 Trials


In Coke We Trust; Investors now view a default by the U.S. Treasury as more likely than a default by the Coca-Cola Company.

It only gets worse this year for commercial real estate

Kalashnikov Gun Factory Offers Food in Place of Salaries

Central Banks End US Dollar Emergency Swap Lines

Dr. Gary North: Fed Starting to Unwind Loose Monetary Policy, Could Trigger Secondary Recession

Stock Market Heading for Black Monday Crash?

Banks Under Attack from Washington, the Impact on You

“Underemployment” Tops 20% in Three States

Obama Unveils 2011 Budget with $3.83 Trillion in Spending

Fewer Banks Imposing New Loan Hurdles; Demand Low

Lower Gasoline Prices Vary Widely Across US

Stocks Climb as Manufacturing, Spending Increase

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