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Financial News Update – 06/30/10
Jun 30th, 2010 by TMH
Expect to “Think the Unthinkable” About “Monster” Quantitative Easing
Democrats use war bill to pay off teachers’ unions
Study: Cap-and-Trade to kill 500,000 jobs by 2015
Britain Changes Little Under Tories
New Study: Kerry-Lieberman to Destroy Up to 5.1 Million Jobs, Cost Families $1,042 per Year, Wealthiest Americans to Benefit (Hat Tip: Kim Priestap)
BP shares jump as analysts weigh takeover scenario (Hat Tip: Jean Stoner)
It’s Depression Deja-Vu All Over Again! (Hat Tip: Jean Stoner)
Cramer Rips Feds for Congressman’s 1K-2K Dow Drop Call: Washington Has Decided to Eviscerate Profits (Hat Tip: Jean Stoner)
Bank Tax Sets Back Financial Bill (a tax on corporations, banks included, is a tax on consumers) (Hat Tip: Jean Stoner)
Wall Street bill back to conference as Democrats don’t have the votes (Hat Tip: Jean Stoner)
Time to shut down the US Federal Reserve? (Hat Tip: Jean Stoner)
Japanese shares drop sharply at open, with techs; Nikkei Average down 2% (Plunge continues) (Hat Tip: Jean Stoner)
Wave Goodbye To Easy Credit (Hat Tip: Jean Stoner)
Obama Stresses Need for Price on Carbon as Dems Look to Compromise (Hide Your Wallets) (Hat Tip: Jean Stoner)
23 Doomsayers Who Say We’re Heading Toward Depression In 2011
Uncovered BP Document From March Brags Of Gulf Of Mexico Growth, Cheap Production Costs
David Rosenberg: Paul Krugman’s Doom Warning Is Spot On
A Failed Debt Auction Proves That The ECB Is Being Ridiculously Dumb
Scott Brown Shows Why We’ll Never In A Million Years Balance The Budget In America
Consumer Confidence Collapses Massively In June
Check Out The 27 Brands That Will Dominate The Future
Case Shiller New York Property Prices Collapse To New Lows
Niall Ferguson Is Getting Nervous About What’s Going On With Europe’s Banks
China And Taiwan Sign Monumental Trade Pact, Charging Even Closer Towards Economic Union
PROOF! Private insurance targeted for annihilation
Democrats scramble to save reform package
A tale of two States: The differences between PA and NJ’s budgets
Nice Gig: $472,255 to run a town of 20,000!
A look at global economic developments (Hat Tip: Jean Stoner)
Why Obamanomics Has Failed – Annotated
VIDEO: Welfare Can And Must Be Reformed
Obamacare Hits Small Businesses Tomorrow With Arrival of Tanning Tax
CBO Reveals Magnitude of Reform Needed for Sustainable Fiscal Future
Private Sector Lost Nearly 10 Million Jobs in Last 3 Years – Public Sector Gained 720,000
PRIVATE SECTOR SEES WEAKER JUNE JOBS
Venezuela govt to nationalize 11 US-owned oil rigs
Dems add teacher money to war funding bill [and other goodies]
Jobs Market Barely Budges in June as Hiring Stays Weak
DAY 3: Spain metro strike continues over austerity
RBS: Equity Investors Are The “Worst Cult In History,” Prepare For The “Cliff Edge”
New UN Report Recommends Ditching The Dollar As Global Reserve Currency
The Officialdoms Of Wall Street and Washington Are Shaping Our History
The 10 Commandments For Advanced Economies To Fix Their Fiscal Disasters
19 Signs The Economy Is Worse Now Than Ever In Your Lifetime
GOP’s Chris Christie: It’s Time To Treat People Like Adults And Tell Them: “We’re In Huge Trouble”
David Rosenberg: Here’s Three Very Ugly Numbers From Yesterday’s Consumer Confidence Numbers
ADP Jobs Report WAY Below Expectations
Be Careful, Yesterday’s Fall Could Signal An Even Bigger Collapse To Come
House Prices Are Still Too High And They’re Going To Tank — Ritholtz
Citi: We’ve Gone From Panic to Complacency… And Now We’re Back All The Way To Panic
