Financial News Update – 05/15/10

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Investing in Clean Energy Manufacturing (Hat Tip: Jean Stoner)

The Bible Does Not Command Government-Imposed Redistribution of Wealth

Leaked UN Documents Reveal Plan For “Green World Order” By 2012 (SCRIBBLE) – Jesse Woodrow Show (Hat Tip: Nancy Jacques/Jean Stoner)

IMF: Say, Sparky, right about now wouldn’t exactly be the best time to increase federal spending — unless you wanted to trigger an economic collapse (Hat Tip: The Radio Patriot)

US faces one of biggest budget crunches in world – IMF (100+% of GDP by 2015 thx to Zero) (Hat Tip: Jean Stoner)

Rapid Response Roundup: May Revise (Hat Tip: Jean Stoner)

Arnold Schwarzenegger Just Announced “Absolutely Terrible” Budget Cuts For California (Hat Tip: Jean Stoner)

Bankruptcies resume upward path

Could Teachers Be Next in Line for a Bailout?

SurvivalBlog:

Four More US Banks Bite the Dust

Banks seized a record 92,000 homes last month.

Europe’s Bazooka

Some interesting observations on the gold and silver markets.

High Frequency Financial Terrorism, Wall Street Bankster’s Maintain Death Grip on United States

Housing Optimists Are “Not Paying Attention” Says Dean Baker

Stocks Recover From Recent Slide Over Debt Fears

Senate Passes Curb on Bank Card Fees

Spain Faces Unrest as New Austerity Plan is Announced

Germans Face Big Budget Cuts as Cost of EU Bailouts

IMF Predicts More Pain for Greece

US Banks “May Have Misled” Rating Agencies

Euro at Lowest Level Since Lehman Collapse

US Retail Sales, Industrial Output Rise

Wall Street Spooked by Bank Probe and Greece Blast

“I believe that the physical gold rush we have seen in Europe is proof that the bailout was an epic failure. Of course propaganda will be used all over the place from the emotionally captured mainstream media to the stock market, which as I have said for over a year now is largely used as a political weapon because the uneducated masses actually believe the stock market going up means things are getting better. All we have to do is look at the stellar performance of the Zimbabwean stock market during the hyperinflation to know this is complete nonsense.” – Michael Krieger, as quoted by Tyler Durden at Zero Hedge

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