Financial News Update – 07/28/2010

Sharing is caring!

CBO Says There’s No Way to Predict Fiscal Crisis

SEC Says New FinReg Law Exempts It From Public Disclosure

US Faces ‘Disaster’ from Financial Reform Bill, Bachmann Warns

“Lousy” Trading Results At Andy Hall’s Phibro Hammer Occidental Petroleum

Tim Geithner Doesn’t Get The Budget Or Our Currency

Romanian Prime Minister: We’re Going To Tax Your Planes, Boats, And Automobiles

The Great Decoupling Of Corporate Profits From Jobs

Nassim Taleb: The Next Black Swan Is The Gigantic Ponzi Scheme Of Government Debt

The Chinese Banking System Is Seriously At Risk

How The Latest Earnings Will Only Create More Rage At Corporate America

BP to cut U.S. tax bill by $10 billion because of losses in gulf spill

Congress clears war funding

Local Governments Cutting Jobs and Services–Job losses projected to approach 500,000 (Hat Tip: Jean Stoner)

Now Get Ready For The Massive Rush Into ONSHORE Drilling

Here’s The One Housing Market That Actually Got Worse In May

VIDEO: Small Business Owners Fight Obamacare in Court

Credit Cards Take From Poor, Give to the Rich (Hat Tip: Jean Stoner)

New Controversy: Financial Reform Bill Contains Quotas For Minority Hiring On Wall Street (Hat Tip: Jean Stoner)

Jim Rogers predicts a new recession in 2012 (Hat Tip: Jean Stoner)

Is It a Deflationary Depression?

Bought and Paid For Gov. Finds Doing Right Thing Hard

New Chart Reveals the Impossible Complexity of Obamacare

Tax Calculator Tells You What You’ll Pay With and W/O Bush Tax Cuts

Dan Juneau On Impact of Oil Moratorium on Citizens of Louisiana

Hide-and-seek hypocrites on the Hill

Fallen Soldiers’ Families Denied Cash as Insurers Profit

Defense Dept. can’t account for $8.7 billion

CBO BOMB: ‘Deficits will cause debt to rise to unsupportable levels’

Cost of debt skyrocketing

Lobbyists, unions paying Rangel’s legal bills

$11,000 cake for Chelsea’s $5 million wedding


GE pays $23m after Iraq probe; Deal settles allegations of bribery


Six Reasons to Expect Slow Economic Growth Ahead

Hussman: Betting on a Bubble, Bracing for a Fall

GIC (Singapore ) Says World May See Recession Sooner Than Expected

America is 234 Years Old, and Today it is Finished

America Now: Friends and Neighbors

Four Shocking Bombshells Bernanke Did Not Tell Congress About Last Week

Donate to

Support American Values...