Financial News Update – 06/17/10

NIA Releases 2010 U.S. Inflation Report

Reality of America’s fiscal mess starting to bite

Authorities reveal mortgage fraud crackdown, 485 arrests

RUSH: Gold Hits New Record High

San Diego Urged to Consider Bankruptcy

UK Suspends $12.6 Billion in Spending Projects, Axes Other Programs

Taxpayers paid almost $1 billion to promote and fund abortion

House Democrats Drop Ron Paul’s Audit Of Federal Reserve (Hat Tip: Jean Stoner)

Now Spain Takes a Tumble

NRA Makes a Terrible Deal

More Than 90 Banks Miss TARP Payments (Are we just plain out of money?) (Hat Tip: Jean Stoner)

LIEBERMAN: ‘Balance’ is crucial in global-warming policy prescription

Barack Obama: the most unpopular man in Britain?

Obama, BP reach agreement on $20b oil spill fund

Senate rejects more stimulus funding

Once retired, Pelosi can drink to enviable portfolio (Hat Tip: Jean Stoner)

Government Expanded ‘Like a Cancer’ (affecting the health of the world economy) (Hat Tip: Jean Stoner)

Experts: Lumber Prices Fall, and Economy May Follow (Hat Tip: Jean Stoner)

Morning Bell: An Offer BP Couldn’t Refuse

Still Not Greece, But Getting Closer Every Day

Congressional Gimmicks leave Doctors and Taxpayers in a Lurch

U.S. banks may end free checking accounts: report

Reich: Why Main Street Economy Isn’t Getting Better

Obama to throw truckloads of more borrowed cash at homelessness

EU Vows to Disclose Bank Stress-Test Results, Rebuffing Industry Concerns

Stocks in U.S. Halt Global Rally; Treasuries, Gold Gain on Economy Concern

U.S. Economy’s Expansion Creates Little Job Growth as Inflation Controlled

Fed Disclosure Measure Proceeds in Negotiations on U.S. Bank-Overhaul Bill

BP Bonds Escape Distressed List, Trade as Junk; Gross Buys: Credit Markets

Swaps-Desk Ban Opposed by Democrats’ Coalition as Increasing Systemic Risk

Natural Gas Price Spreads Trigger New Amaranth Speculation: Energy Markets

Rep Joe Barton (R-TX) Apologizes to BP for Obama’s “$20 Billion Shakedown” (Video)

Bachmann: White House Is Extorting Cash From BP to Create “Pot of Money For Themselves” (Video)

“Rogues of K Street” – GP Makes Playboy Mag’s Tea Party Spread

It’s Sheriff Joe Biden’s Big Summer Recovery Tour!

PENSIONERS PICK UP BILL FOR SPILL!

New Orleans runs $5 million anti-British campaign — paid for by BP

SPAIN: THE NEW CRISIS IN EUROLAND

WASHINGTON POST CO first to ‘break circuit'; Trading halted after share prices doubled in one second

JOBLESS CLAIMS RISE SHARPLY TO 472,000

OBAMA SPENDS $1,200,000,000 ON CYCLING AND WALKING INITIATIVES

Dems Dig for Savings in New Spending Bill

SurvivalBlog:

The Death of Las Vegas

Niall Ferguson: Debt Has Taken Down Empires Before, There Is No Reason Why It Won’t Happen Again

Europe Troubles Are About to Start: Wilbur Ross

State Wants to Borrow From Pension Fund, to Pay the Fund

In 1930, They Didn’t Know It Was “The Great Depression” Yet

Homebuilders Less Confident in Housing Market

US and Other Countries Buy US Treasury Debt

US Stocks Rise After European Markets Climb

German Investor Confidence Tumbles Amid Crisis

Markets Braced as Greek Credit Rating Cut to Junk Again

Slide in Home Construction Hurts Stock Futures



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