Financial News Update – 07/21/2010

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OBAMA SIGNS GOV’T GRAB, NEW MASSIVE REGULATIONS — AT REAGAN BUILDING!

Long-term unemployment explodes to historic levels

It Begins: France and Germany Move Towards Unified Fiscal System

Competing currency being accepted across Mid-Michigan (Hat Tip: Jean Stoner)

CHART OF THE DAY: Here’s Why Ben Bernanke Thinks He Can Get Away With Massive Amounts Of Additional Stimulus

Bernanke: I’m Not Out Of Bullets

The Fed Charts That Show The True Nightmare Of Our Economy

Uh-Oh, German Bond Auction Flop

Here’s What The World’s Commodity King Is Saying About The Fate Of The Global Economy

GOLDMAN’S TOP ECONOMIST MAKES IT OFFICIAL: HERE COMES THE SECOND HALF SLOWDOWN

Bernanke: ‘Unusually Uncertain’

Unemployment rate above 7% through Obama term

Poll Shows Voters Overwhelming Oppose New Taxes on Nation’s Oil and Natural Gas Industry

Taxpayer Tab for Fannie, Freddie, Other Housing Bulges by $700 Billion

The Statist Truth About China

The 10 Most Expensive Cities In The World

Grantham: Deflationary Forces Just Punched Out Inflation

Let’s Start A Third World War To Save The Global Economy

The Early Look: Your 10-Second Overnight Wrap

Here Are The 5 Reasons Why This Sovereign Debt Crisis Really Is Different

Banks Can’t Hold Back Highend Mortgage Foreclosures For Long

David Rosenberg Explains His Investing Mantra: S.I.R.P.

Anthony “The Cocoa Man” Ward Reveals Why He Ordered 240,000 Tons Of Cocoa

Chinese Central Bank Warns Of ‘Relatively Large’ Property Collapse This Year

Why The New Fetish For “Black Swan Insurance” Means Markets Are BEGGING For Another Crisis

The Economic Case Against the Death Tax

Cap & Trade, Crime Inc, and Maurice Strong (Hat Tip: Jean Stoner)

US financial system support up $700 bln in past year-watchdog (Hat Tip: Brian B.)

GOP filibuster stopped, paving way for jobless benefits for 2.5 million Americans

AP: Obama’s radical policies killing more jobs

Economic Myths, Redux (Again and Again and Again)

The 10 Most Unemployed States in America

GREAT NEWS: Most Young Americans Expect Social Security To Collapse

Want To Know Why Banks Aren’t Lending? Just Look At Romania

Here’s Why You Can’t Afford To Invest In Asia Anymore

Americans coming to terms with U.S. bankruptcy

Dealergate, social justice & the Obama job-killing machine

Obama to sign Dodd-Frank monstrosity today

Bernanke Says Fed Prepared to Act as Needed to Aid U.S. Growth

Fannie Subpoenas to Show $30B Bad Mortgages, Rosner Says

Sallie Mae Tumbles as Student Loan Originations Drop

REVEALED: Secret Gold Coin Tax Slipped Into Health Care Law

New Jersey takes over Atlantic City casino district

BAILOUT REACHES $3.7 TRILLION

Gov’t watchdogs: Mortgage program not working

Wall Street Fumes At White House Fin Reg Rebuke

DEM REP ENVISONS ‘CURRENCY TAX’

SurvivalBlog:

Dormant accounts to fund ‘big society’ bank.

King World News interviewed John Williams of ShadowStats.

Nearly half of North Carolina’s state-chartered banks ‘troubled’

The Real US Unemployment Rate Could Be 25% Or More

US Consumer Confidence Slides To Lowest In A Year

The Geography of a Recession (Now updated through May, 2010)

Stocks Slump on Weak Revenue for Goldman, IBM

Home Construction Sinks to Lowest Level Since October

Desperate Retailers Push Christmas in Summertime

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