Financial News Update – 06/08/10

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The G20 Has Officially Voted For Global Depression (Hat Tip: Jean Stoner)

Ritholtz: Forget The Signs Of A Rough Patch, This Is Not What A “Double Dip” Looks Like (Hat Tip: Jean Stoner)

Martin Armstrong: The IMF Is Nuts, It’s Recreating The Second Half Of The Great Depression (Hat Tip: Jean Stoner)

The Union Pension Bailout (VIDEO) (Hat Tip: Jean Stoner)

Russia wants global fund after Gulf oil spill (Hat Tip: Jean Stoner)


Another Round of Obamacare Obamaganda (Hat Tip: Brian B.)

Britain to See Inflation Risk?

US Tax Collapse Coming?

Medicaid Cut Places States in Budget Bind

Senate Dems look for consensus on energy bill

Senate Dems move on jobs bill

White House is directing agencies to cut budgets

Morning Bell: The Obama Spending Nightmare Continues

There’s No Such Thing as a Free Donut

Everyone Must Sacrifice… Obamas Spend $10 Million of Taxpayer Money on Drunken White House Parties

Gold hits new record of $1250

Fed Fuels Early Wall St. Advance

Bernanke: No Double-Dip Recession


U.S.’s $13 Trillion Debt Poised to Overtake GDP: Chart of Day

Experts: Europe to Push US Back Into Recession

Worse than a Depression

Complexity and Collapse: Empires on the Edge of Chaos

Disturbing Job Ads: ‘The Unemployed Will Not Be Considered’

Central Bank Gold Holdings Expand at Fastest Pace Since 1964. (Why do central bankers buy high, and sell low?)

The Great Wobble (The Mogambo Guru)

Making Ends Meet in the Great Depression

Bernanke: Important Concerns Remain About the Economy

Late Slide: Stocks Fall Last Hour, Dow Down 115

Dollar Surges to Four-Year High Against the Euro

Euro Sinks to Four-Year Low as Hungary Fears Being the Next Greece

Consumer Borrowing Up Slightly in April

Pump Prices Leveling Off After 20-Cent Drop

Banks Profit From Near-Zero Interest Rates

Gold is a Great Safety Net if Things Go Wrong

UK: City Watchdog Fears Euro Disaster

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