Financial News Update – 04/01/10

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It begins: GOP inching away from campaign to repeal ObamaCare (Hat Tip: Brian B.)

MasterCard offers card aimed at Muslims (Hat Tip: Brian B.)

Spend Your Own Money for a Change

Prescriptions for Disaster Now Covered Under Obamacare

New health care law isn’t what this doctor ordered

Would the Founders Love ObamaCare?

Morning Bell: Don’t Fall For Obama’s Energy Shell Game

Rep. Paul Ryan: The Way Forward on Health Care Reform

Race to the Bargaining Table: Does Federal Grant Program Reward Unions?

Two Years of UI Benefits Contributing to High Unemployment

Thinking about selling your house? – A look at H.R. 2454 (Cap and trade bill) (Hat Tip: Jean Stoner)

Peter Schiff: ‘Very good reason’ to believe home prices will collapse (Hat Tip: Brian B.)

Geithner: Jobless Rate to Stay ‘Unacceptably High’

Official: Fed May Raise Rates Before Jobs Return

Roubini: U.S., China Will Collide Over Yuan

Obama to Crush Economy with Massive CO2 Taxes as Early as Next Week (Hat Tip: Jean Stoner)

Put simply, it means $8 for a gallon of gas and 2-3 times higher electricity bills. It also means the loss of millions more sorely needed jobs as businesses are hit with higher operating costs and the transfer of whatever remains of our manufacturing sector to China where energy is cheaper and they aren’t so concerned about CO2.

In the first week alone, American businesses estimated that ObamaCare will cost them $14 billion. By most estimates this latest Obama nightmare will be far more expensive and may literally destroy the economy in less than 20 years.

Mark Levin explains the Obama oil deception (Hat Tip: Jean Stoner)

A Political Stimulus, Not A Job Stimulus (Hat Tip: Jean Stoner)

Runaway regulation isn’t reform (Hat Tip: Jean Stoner)

Obama Energy Proposal Irks Pro- and Anti-Drilling Advocates (Hat Tip: Jean Stoner)

Rep. Bachmann: Do We Want ‘To Watch Ourselves Collapse From Our Own Welfare State?’ (Hat Tip: Jean Stoner)

Rep. Bachmann: Obama’s ‘Redistribution of Wealth’ Goal Reached by Forcing People to Buy Health Insurance (Hat Tip: Jean Stoner)

Toyota’s US sales jump 35.3 percent in March

Dems not promoting healthcare bill during recess

Commercial bankruptcies rose 52 percent in 2009

Oil rises above $84

New, Tougher Fuel Rules

GM, Ford Get Massive March Sales Boost

Mayor Murdered in Decaying Town

Health Care Law Has Lobbyists Living Large

Geithner: Job Losses to Remain High

Lawmakers Press States to Speed Taxpayer Refunds

New Jobless Claims Fall 6,000, to 439,000

SurvivalBlog:

State Debt Woes Grow Too Big to Camouflage

Morgan Stanley: The Rally Is Near Its End

The dollar’s danger: A debt-driven collapse?

Housing market’s recovery appears at risk

Central Banks Stashing Away Gold at a Brisk Pace

America: Prepare for an Avalanche of New Taxes

An Economic Puzzle Bernanke Can’t Solve

Oil Rises Near $84 with Weak Dollar

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