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Financial News Update – 06/23/10
Jun 23rd, 2010 by TMH
Geithner To World: Spend Now. Cut Deficits Later. (Hat Tip: Jean Stoner)
Democrats signal massive Middle Class tax hike
Court rescues Gulf economy from Obama’s radical agenda
The US Is Pushing Its Debt Towards A $57 Trillion Hole
10 Things You Need To Know This Morning
Chinese Yuan FALLS The Most In Years
Why China’s Yuan Announcement Is Completely Meaningless
Rumor: Chinese State-Owned Banks Are ‘Aggressively’ Buying U.S. Dollars
When Will Bond Auctions Actually Begin To Fail?
Here’s Why It Doesn’t Matter If You Want Austerity Or Not
Andy Xie: Chinese Manufacturing Was Built On Squeezing People Hard, It Will Now Unravel
Check Out The Huge Miss For Existing Home Sales
21 Winners And Losers From The Chinese Yuan Revaluation
IMF: Easy Money In The West Is Now Priming The Next Mega Bubble In Emerging Markets
Europe Again In The Crosshairs, As Spain, Germany, And Italy CDS Blast Higher
Chart Of The Morning: Bad Sign For Housing, As Lumber Prices Continue Their Total Freefall
Obama’s Home Affordable “HAMP” Program A Failure; Another Huge Wave Of Foreclosures Coming
Sales of U.S. New Houses Plunge to Lowest Level on Record
Louisiana’s Democrat legislature passes law against ObamaCare (Hat Tip: Jean Stoner)
Medicare Havoc is Here – 50 Million Medicare Claims Get Trimmed (Hat Tip: Jean Stoner)
FrontPageMag – Soros’s Oil Spill Payoff (Hat Tip: Jean Stoner)
A Surgeon’s Response to Obamacare (Hat Tip: Jean Stoner)
Finance Bill’s Devilish Details (Hat Tip: Jean Stoner)
Officials: U.S. will buy Ill. prison (For Gitmo prisoners or not) (Hat Tip: Jean Stoner)
Gulf Drilling Season Reopens (Hat Tip: Jean Stoner)
Interior Secretary Ken Salazar Will Issue New Order Imposing Drilling Moratorium (Hat Tip: Jean Stoner)
Obama asks Congress to approve spending for border security steps (Hat Tip: Jean Stoner)
Chicago Way Doesn’t Work In Gulf Crisis (Hat Tip: Jean Stoner)
Interior secretary to issue new drilling ban (Unfreakinbelievable) (Hat Tip: Jean Stoner)
White House releases ‘patient bill of rights’ (Hat Tip: Brian B.)
World’s Rich Got Richer in 2009 Despite Recession (Hat Tip: Jean Stoner)
20 Must-See Charts On America’s Disastrous Level Of Government Spending
Business leaders say Obama’s economic policies stifle growth
Chinese Self-Interest Contrives Phony Currency “Reform”
Hoyer Makes, and Misses, His Mark
Speak Out on Out-of-Control Spending
Does The Gulf Spill Mean The U.S. Is Headed For Gas Lines, Higher Food Prices And A Broken Economy? (Hat Tip: Jean Stoner)
The Smart Grid Trojan Horse (Planted by the Green Movement) (Hat Tip: Jean Stoner)
Asian Trade Demand Is So Strong That Maersk Is Pulling Off ‘Unprecedented’ Shipping Surcharges (Hat Tip: Jean Stoner)
Judge who struck down drill ban reported oil investments (Hat Tip: Jean Stoner)
Brits Refute Obama – Dump Keynesian “Spend Your Way to Wealth” Plan
Missouri: The Next Health Care Battle
More Hope & Change… Obama Says GOP Wants Healthcare That Discriminates Against Children (Video)
Ken Salazar gets an ass-kicking. Over to you, Capitol Hill.
FLASHBACK VIDEO 2007: Obama Energy Sec Says BP Going to Help Save World
PAPER: Obama to push ‘climate change’ on back of BP spill
GOV’T REPORT: 1,300 Inmates Got $9M in Homebuyer Tax Credits
OBAMA SCHOOLED BY GERMAN ON HOW TO GROW ECONOMY
MEGABANK JPMORGAN CHASE HAS NEW ‘GLOBAL’ PLANS
Obama’s fashion factory in Illinois may close
Pakistan resolute on Iran gas deal; Defies US warning
Asian millionaires overtake Europeans
STUDY: Millionaires’ Riches Return to Pre-Crisis Levels
Small California city plans to disband ALL services
Sen. Lincoln Intervenes for Arkansas Bank
Financial Reform Is a Disaster For Banks, Consumers: Bove
California on ‘Verge of System Failure’
Global Systemic Crisis/Second Half of 2010: The Global System’s Four Single Points of Failure
The Euro’s Inevitable Failure Will Be Horrendous for All of Us
Spain Could Test the Euro to its Limits
Finding Gold in the Mainstream
Fresh Economic Worries Trigger Fresh Rush into Gold
Three Reasons You Should Buy Silver Right Now
US Homebuilding Craters After Tax Break Expires
Stocks Slide on New Concerns About Housing, Banks
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