Financial News Update – 06/09/10

Obama unveils $400 million in aid to Palestinians

Bernanke: Fragile Economy Can’t Bear Spending Cuts, Tax Hikes Now

Bernanke Escalates Debt Warnings

And These Guys Are In Charge

Those Who Do Not Understand National Income Accounting…

The Road to Serfdom as a Comic Book

US Best for Growth – Say What?

False Meme of Anarchy?

Bid to curb EPA’s regulatory clout on climate nears Senate showdown

Senate Dems close on jobs bill

Obama Lobbies Elderly on Benefits of Health Law

U.S debt to rise to $19.6 trillion by 2015

Study: Economy Shrank as Obama Stimulus Failed to Fuel Growth

The Blog Prophet of Euro Zone Doom

You can’t fight – or do business with – City Hall

Morning Bell: Unions Just Flushed $5 Million of Your Tax Dollars Down the Toilet

Greece is tapping China’s deep pockets to help rebuild its economy

Wall Street reform: Congress starts to deal (Hat Tip: Jean Stoner)

White House official: ‘Organized labor just flushed $10 million down the toilet’ (Hat Tip: Jean Stoner)

Andy Stern, A Member of Obama’s Fiscal Responsibility Commission, Says ‘Worshipping the Market’ Has Failed America (Hat Tip: Jean Stoner)

Is President Obama Using Executive Powers To Organize Angry Anti-Capitalist Protests On The Streets Of America? (Hat Tip: Jean Stoner)

Is The White House Coordinating With SEIU To Lead Protests Against Capitalism? (Hat Tip: Jean Stoner)

U.S. Embraces Model That’s Failed Europe (Hat Tip: Jean Stoner)

Markets About to Turn Nasty, Buy Barbed Wire: Advisor (Hat Tip: Jean Stoner)

Stash Cash for Next Stock Market Flash Crash (Hat Tip: Jean Stoner)

Deficit reduction commission bailed out by White House (Hat Tip: Jean Stoner)

We need swift, wise fiscal action to fend off financial disaster. (Hat Tip: Jean Stoner)

Flaherty Warns of Entitlement Crisis on CNBC; Blasts Obama’s $250 Checks for Elderly (Hat Tip: Jean Stoner)

Beware of falling prices (Hat Tip: Jean Stoner)

Double dip recession: What are the odds? (Hat Tip: Jean Stoner)

Gold: The World’s True Reserve Currency (Hat Tip: Jean Stoner)

Gold breaks record as investors fear recession, currencies (Hat Tip: Jean Stoner)

Spain grinds to a halt as workers stage national strike over austerity drive (Hat Tip: Jean Stoner)

ObamaCare nails its first “villain” (Hat Tip: Jean Stoner)

Health Care Freedom Act Resurrected (Hat Tip: Jean Stoner)

AFL to White House: ‘Labor isn’t an arm of the Democratic Party’ (Hat Tip: Jean Stoner)

Amish Farming Draws Rare Government Scrutiny (Hat Tip: Jean Stoner)

BP lobbied for tax hikes, stimulus, Wall Street bailout


Teens Face Worst Summer Job Market in 41 Years

Bankruptcy filings are nearing record 2 million

Yorke: Music industry on verge of collapse; Major record labels will ‘completely fold’ within months

IMF: Risks to global economy have ‘risen significantly’

Bernanke Says Federal Reserve Will Take `Necessary’ Steps to Aid Recovery

Stocks in U.S., Europe Rise, Metals Gain on Report China’s Exports Surged

Greek Debt Default Is Seen by 73% in Poll of Investors Doubtful on Trichet

Sarkozy, Merkel Urge Faster Action on Sovereign Swaps Market, Short Sales

Microsoft May Augur Convertible Revival; Altria Taps Debt: Credit Markets

Moody’s Gives Aaa Rating to Riskier CMBS, Citing Underlying Loan Diversity

GM’s Treasury-Led IPO May Hand Wall Street Bankers Lowest Fees in Decade


Gold Rises to Record on Demand for Haven From European Crisis

The Future… as a Large, Sullen Stranger

Forget PIIGS, US Debt is Out of Control

US government is killing its own economy

Long-Term Unemployed Now 46 Percent of Unemployed, Highest Percentage on Record

Increasingly Hawkish Fed Ponder Raising Rates

Secretive Bilderberg Club Said to Decide Fate of Euro

Greece to Sell Assets to Help Pay Down Deficit

Spain, Italy Sink from Contagion

Eurozone Jobless Rate Hits Record High

ECB Warns of More Bank Loan Losses

GM’s Fast Turnaround Slams into the Euro Crisis

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