Financial News Update – 05/13/10

BANK OF ENGLAND: USA FACES SAME PROBLEMS AS GREECE

Republicans introduce bill to prevent EU bailout

Window Dressing Cap and Trade Won’t Make the Costs Go Away (Hat Tip: Nancy Jacques)

Editorial: The next 2,000-page bill (Hat Tip: Brian B.)

Big Oil rushes in to support Cap-and-Trade

U.S. posts 19th straight monthly budget deficit (Hat Tip: Brian B.)

Depression 2010? (Hat Tip: Brian B.)

Barack Obama plans to punish BP with tax hike as Gulf spill worsens

Senate energy bill faces job-creation doubts

U.S. posts 19th straight monthly budget deficit

Morning Bell: Can We Avoid Becoming Europe?

NEW VIDEO: Heritage’s Entry to the EPA Video Contest

Congress Deserves Better from the CBO

Effects of Unemployment Benefits

Banks seized a record 92,000 homes last month (Hat Tip: Brian B.)

Obama’s Rationing Man (Hat Tip: Brian B.)

PAPER: Senate bank bill ‘sets up new supersnooping agencies’

Euro loses bounce from $1 trillion bailout

Gold hits record high at $1,245

Sen. Kerry unveils new climate bill, Obama supports it

BUDGET BLOWOUT: DEFICIT 4X HIGHER IN YEAR

NYT NEW NORMAL: Many Jobs Lost in Recession Will Not Be Coming Back

Anti-porn provision sinks Dem jobs bill

New govt 5% pay cut – UK

WHITE HOUSE CUTS NEW YORK ANTI-TERROR FUNDS AS OBAMA VISITS

Spanish workers to strike over cuts

Portugal to issue ‘Crisis Tax’

Ex-Auto Czar: GM May Have Exaggerated Repayment

Weekly Jobless Claims Drop for 4th Straight Week

Terrorists and the Market Selloff

Paying as They Go — With YOUR Money

SurvivalBlog:

Gold hits all-time high as investors seek haven

Stock Market Time Bomb?

Hmmmm…. A Crack In The Dam?

“Brother Can You Spare a Trillion?”

The World’s Fiat Currency System Risks Collapse

Unions warn of Greek-style riots in Britain against public sector cuts after court victory over capping of redundancies.

Roubini: We Will Have Even More Crises in the Future

Germany Might Have to Pay Entire Euro Aid Bill!

Unions Warn of Greek-Style Riots in Britain

Stock Market Crash Exposes World of Electronic Trading

Ron Paul: How the Euro Bailout Will Lead to Currency Collapse

US Exposure to EU Bailout is $50 Billion

Schwarzenegger Preps “Terrible Cuts” to Close Deficit


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