02/24/10

Financial News Update – 02/24/10

Florida bankers move to dramatically speed up the foreclosure process (Hat Tip: Brian B.)

VIDEO FLASHBACK: Obama & Dems in 2005: 51 Vote ‘Nuclear Option’ Is ‘Arrogant’ Power Grab Against the Founder’s Intent… … MORE… MORE

NEW HOME SALES LOWEST ON RECORD

Greek Unions Stage Second Strike This Month Over Government’s Budget Cuts

Clashes break out

‘GOVERNMENT MOTORS’ Pays Exec $3,000 an Hour!

WHAT BUDGET TROUBLES? PLANS FOR $1 BILLION U.S. EMBASSY IN LONDON

Bernanke: Record-low rates still needed

Lone GOP health care backer’s campaign cash dips

Cash-strapped LA going after unlicensed dogs

REPORT: Nearly 25% of all mortgages are underwater

China targets US bonds in warning shot

Senate Passes Pared-Down Version of Jobs Bill

Bernanke Heads to Capitol Hill for Economic Report

GOP Vows to ‘Crash the Party’

Report: Midterm Election to Cost Record $3.7B or More

Is The Federal Reserve Buying Greek Bonds? If So Why? Is It Because AIG Has Been Selling Insurance Against Greece’s Collapse?

Reid to Republicans: “Stop crying over reconciliation” (Hat Tip: Brian B.)

Greeks Scramble To Pull Out €8 Billion From Local Banks As Greece Responds With Money Control Measures (Hat Tip: Brian B.)

OBAMACARE’S LETHAL THIRD RAIL SHOCK TO COME (Hat Tip: Jean Stoner)

G.O.P. Expects Little From Health Forum

Reconciliation Is Not Negotiation

U.S. will use banks to thwart Iran nukes

Left sees risks in deficit panel

Morning Bell: President Obama’s “Pro-Business” Policies Are Killing the Free Market

Nuclear Yes, Subsidies NO!

SurvivalBlog:

Buy farmland and gold,’ advises Dr Doom

Prices are rising fast, even if the CPI isn’t

Banks at risk of going bust tops 700. Gee, with 7,000 banks in the country, that is a 1 in 10 chance that your bank is on the list. Those are practically Russian Roulette odds.

Harvard’s Rogoff Sees Sovereign Defaults, ‘Painful’ Austerity

Real, Uglier American Unemployment

Death By Trillions of Dollars (The Mogambo Guru)

US State Pension Funds Have $1 Trillion Shortfall

Wealth Disparities in US Approaching 1920s Levels

More Generations Living Under Same Roof

Bad Economies in States to Worsen

ObamaCare at Ramming Speed (Hat Tip: Brian B.)

Faber: 30 Percent Chance China Will Crash And Burn