Financial News Update – 04/05/10

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Toyota hit with $16M fine over recalls in US (Hat Tip: Nancy Jacques)

Complete Economic Madness

Ariz. Will Sue Over Health Care Bill (Hat Tip: Brian B.)

States fear that five words in Obama health law will open door to lawsuits (Hat Tip: Brian B.)

American Companies Uncertain About Obama; Hoarding Cash (Hat Tip: Brian B.)

Yoo: Health care law a government ‘intrusion’ (Hat Tip: Jean Stoner)

Health care: ‘You’re going to pay more money’ (Hat Tip: Jean Stoner)

True Life Obamacare Horror Story (Hat Tip: Jean Stoner)

Huge 25% hike for small businesses kills New York jobs (Hat Tip: Jean Stoner)

UPDATE 1-Hartford Financial healthcare-related tax charge (Hat Tip: Jean Stoner)

US delaying currencies report amid China dispute (not currency manipulator yet?) (Hat Tip: Jean Stoner)

Unemployment Rates and Duration of Unemployment (Hat Tip: Jean Stoner)

Businesses scared off by California go global (Hat Tip: Jean Stoner)

US banks in $2.5bn ‘Christmas capital’ gain (Hat Tip: Jean Stoner)

Jobless rate may rise as many are drawn back to labor force

U.S. delaying currencies report amid China dispute

Hijacking Wall Street & Main Street

Morning Bell: Red Tape Rising

How Does U.S. Defense Spending Compare with Other Countries?

Declaring Independence from the Energy Independence Mindset

Side Effects: Obamacare Fueling Higher Insurance Costs

Of Myths, Opinions, Taxes, and Guacamole

White House Braces U.S. for Slow Economic Recovery (Hat Tip: Jean Stoner)

Deflation on the prowl as Bernanke shuts down his printing press (Hat Tip: Jean Stoner)

The Genesis Of The Gold-Tungsten: The Rest Of The Story (Hat Tip: Jean Stoner)

Oil hits 18-month high over $85 on economic outlook (Now the MSM claims oil price increase is good) (Hat Tip: Jean Stoner)

Economics of Marcellus Shale well and fracture design completions (Hat Tip: Jean Stoner)

Hard times hit US blacks, Latinos harder than whites: study (Urban League wants $168 Billion) (Hat Tip: Jean Stoner)

Accounting convergence threatened by EU drive (Hat Tip: Jean Stoner)

Slicing NJ’s schools: Christie’s deal with the voters (Hat Tip: Jean Stoner)



GOOD NEWS? Jobless rate may RISE

As Gov’t Expands, Feds Gobble Up Commercial Real Estate

UK Brown hails move on global bank tax



“Atlas Shrugged” taxes blow up in Maryland’s face.

Marc Faber and Mish Shedlock on Inflation, Deflation, Doom and the End of Civilization.

Sharp Increase in March in Personal Bankruptcies.

Water bills go up in down economy as usage drops.

Health Plan May Hobble Economic Recovery

CBO: Student Loan Takeover Adds $52 Billion to Deficit

Harrisburg, Pennsylvania May Miss Debt Payment; Go Into Chapter 9 Bankruptcy

California’s Last Auto Plant Shuts its Doors

Speeding “Cushion” May Dwindle Due to Recession

Economy “Turned Corner” with Jobs Report

Hiring Rebounds On Wall Street

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