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Financial News Update – 06/24/10
Jun 24th, 2010 by TMH
Repeal Obamacare CHAT TODAY: 6-24 4:30 PM ET. (Hat Tip: Jean Stoner)
Detroit Selected as Host Site for 2010 US Social Forum (Hat Tip: Jean Stoner)
Our Founding Fathers Understood Frugality – Why Can’t We?
Soros: German Austerity Could Destroy The Euro
What’s Next For The Fed? Nothing, It Has Officially Become Useless
Germany Happily Surprised By A Tidal Wave Of Tax Revenue
10 Things You Need To Know Before The Opening Bell
50 Dead-Simple Ways For The US To Cut Its Budget
Maywood, CA Lays Off All City Employees, Dismantles Police Department
New Home Sales Suffer Enormous Collapse
Is It A Good Time To Re-Short The Euro?
The U.K. Just Saved Itself From Imminent Destruction
Is Asia Next On The Austerity Agenda?
12 Charts That Show The Total Carnage In The Housing Industry
Somehow 1,295 Prisoners Claimed The First-Time Homebuyer Tax Credit
How HFT Quote Stuffing Caused The Market Crash Of May 6, (can destroy the whole market instantly) (Hat Tip: Jean Stoner)
Creating A Crisis (Hat Tip: Jean Stoner)
Even Europe Sees What U.S. Doesn’t (Hat Tip: Jean Stoner)
Middle-Class Tax Boost is Broached (Hat Tip: Nancy Jacques)
Architecture for a New World Financial System
Confidence Waning in Obama, U.S. Outlook
Dangerous Death Tax Plan Offered in the Senate
Outside the Beltway: Despite Loads of Debt, Pork Projects Abound in Illinois
Telling Congress to Reduce the Deficit by Cutting Spending
Shocker. Employers Say Dem’s Policies Are Hostile to Job Growth
LOANS STARTING AT 5% INTEREST A WEEK
GOVT JOB CREATION AND HOW YOUR KID GOT SO STUPID
French unions strike — retirement age raised to 62
JOBS! Bank of America Hires 2,000 Staff to Handle Troubled Real Estate Loans
Venezuela to seize U.S. firm’s oil rigs
DEUTSCHE BANK says US financial conditions are worse
G20 LOCKDOWN: Police state in Toronto, Security shock
California Welfare Cards Can Be Used In Casino ATMs
NEW YORK, NEW YORK: Cuomo Accepts Millions From Interests He Assails
Jobless Claims Dip by 19,000, to 457,000
Durable Goods Orders Drop to 6-Month Low
Medvedev’s Visit Shifts U.S.-Russia Agenda to Trade From Bombs
U.S. Stocks Fall as Greece Swaps Surge to Record
Swiss Banks Winning Investors With Weakening Euro Buoying Franc
Catastrophe Bonds Slump as Hurricane Forecasts Spook Buyers
Niall Ferguson: Two year time horizon for US fiscal crisis
Andrew H. spotted this piece over at Jesse’s Café Américain: Silver leaving the COMEX. Andrew asks: “[I]s there a reason why some of these well-heeled investors suddenly want their silver, and are either going in person to get it or arranging for armored car delivery? It makes one wonder what might be coming our way in the coming weeks.”
The Associated Press: Canada’s economy is suddenly the envy of the world
NIA Releases 2010 U.S. Inflation Report
Stocks Fall After New Housing Sales Drop 33%
Oil Prices Slide As Stockpiles Build
Bob Chapman: Fiat Money and Schemes Collapsing
Cost of Seizing Fannie and Freddie (financed properties) Surging
Financial Overhaul 101: Protecting US Consumers
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