Financial News Update – 02/22/10

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Buffett’s Partner: ‘It’s Over’ for U.S. Economy

Soros: Euro’s Future in Question Even if Greece Saved

Greek Premier: EU Lacks Leadership in Financial Crisis

Doomsday Predictions Tax Illinois (Hat Tip: Brian B.)

Millions of Unemployed Face Years Without Jobs (Hat Tip: Brian B.)

Obama Health Care Plan’s Price Tag Jumps to $950 Billion (Hat Tip: Brian B.)

Boehner: New Obama Plan Doubles Down on Failure, Puts Summit in Peril

SWALLOW: White House Warns Republicans: We’ll Pass It With 51 VOTES

PROPOSAL SUMMARY USES WORD ‘TAX’ 35 TIMES…
‘Increase in Fees on Brand Name Pharmaceuticals’…
Broaden ‘Tax Base for High-Income Taxpayers’…
Orders ‘Comprehensive Database’ On Health Claims…
FORCED: ‘Raises percent of income assessment that individuals pay if they choose not to become insured’…
BACKDOOR FIX: Healthcare ‘Funds will be transferred to the Social Security Trust’ if necessary…

White House Endorses Sen. Landrieu’s ‘Louisiana Purchase’

BIGGER, BOLDER, MORE TAX, MORE DATABASE: OBAMA IN NEW HEALTHCARE BLOWOUT

Oil above $80

McCain: I was misled on bank bailout

REPORTS: CITIGROUP Warns Customers It May Refuse To Allow Withdrawals

White House Talks Compromise, but GOP Claims Health Care Plan is Merely Camouflage

Obama to Urge Oversight of Insurers’ Rate Increases (Hat Tip: Brian B.)

A New Assault on the American Economy

Check Out What the Greeks Are Having to Do: Raise Their Retirement Age…by Force

Ramesh Ponnuru Doesn’t Know Enough To Know He Doesn’t Get It…Freedom means not having to ask permission to amass wealth.

The White House Learned Nothing from Massachusetts

A First Look at the President’s Health Summit Proposal: Liberal Proposal Number Three

New But Unimproved: Abortion Funding in the White House Health Plan

Modern Piracy Endangering Global Commerce and Security

White House: If GOP Filibusters, We’ll Pass Health Reform Via Reconciliation

Obama healthcare plan nixes Ben Nelson’s ‘Cornhusker Kickback’ deal (Hat Tip: Brian B.)

Obama puts forward $1 trillion health care plan (Hat Tip: Brian B.)

SurvivalBlog:

Frustrated Owner Bulldozes Home Ahead of Foreclosure

South Carolina Lawmaker Seeks to Ban Federal Currency

A recent radio interview with Jim Sinclair.

Banana Republics Need Compliant Central Banks. Here is an excerpt: “Wait a minute. Huge increase in government spending. Fast-rising debt. Tax the rich. Appoint political advisors to run the central bank. That’s us! ”

Jobless Claims, Inflation Jumps as Economy Wobbles

Monetary Inflation and the 32 Cent Gallon of Gas (The Mogambo Guru)

Law of Diminishing Returns of Credit Expansion

Governors Brace for More Economic Turmoil

US Consumer Prices Fall for First Time in 27 Years

Pound Slides Further on Surprise Fed Rate Raise

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