Financial News Update – 08/29/10

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Denver Post Editorial: Stop the insanity – no more Keynesian economics

Schiff, Ratigan, And Blodget Fix The Economy

Text Of Ben Bernanke’s Jackson Hole Speech

Really What Bernanke Said Is That He Doesn’t Have What It Takes To Fix The Economy

Ireland Sticks A $760 Million Finger At The Ratings Agencies

Chinese Ministry Warns Of A Decade-Long Food Shortage

The Fed Is In A Box, And The Next Round Of Quantitative Easing Won’t Do Anything

Ben Bernanke’s Critical Speech In 11 Words: “Yes, The Economy’s Weak, But There’s Not Much More I Can Do”

David Rosenberg: THIS Is What A Bear Market In Housing Looks Like

Greek Government Bites The Bullet And Stops Paying Pensions To Dead People

Coming August 31: ‘Direct Access’ Stimulus Grants for the Muslim Brotherhood (Hat Tip: Jean Stoner)

Its Official: China is Unloading its Treasury Bonds (Hat Tip: Brian B.)

Government Double Dipping

Obama Plans Refinancing Aid, Loans for Jobless Homeowners, HUD Chief Says

$400 K For State Employee That Never Showed for Work For 12 Years

Luxury booms while bargain retail suffers

Investors braced for week of key data

Obama, Dems got 88% of employee contributions from ABCCBSNBC

Policy Options Dwindle as Economic Fears Grow

SurvivalBlog:

Roubini Says Q3 Growth in U.S. to Be `Well Below’ 1%

U.S. Heading for Currency Destruction Debt Default Great Depression

Steve Forbes on Overseas Wars, the Coming Gold Standard and the Rise of ‘Citizen Agitation’

Why We are Totally Finished

Existing-Home Sales Plunged in July

Ambrose Evans-Pritchard: Fresh Flight to Swiss Franc as Europe’s Bond Strains Return

Tarpley: China Buys Euros as Fear of World Depression Grows

Another Blow to US Housing Market

Why There are No Jobs in America

Repent: The End is Near

The Dollar Bubble

Sen. Bennett: Trillions in Debt, Nothing to Show for It

The Housing Collapse: We Ain’t Seen Nuthin’ Yet!

Bob Chapman: The Economy When Debt is Everywhere

Financial Expert Warns of Economic Collapse

Plunge in Home Sales Stoke Economy Fears

Obama Needs Your 401(k) to Balance His Budget

Bacon Prices Sizzle. Consumers Feel the Heat

Inflation Watch

US Said Preparing New Laws to Seize Americans’ Retirement Accounts

Stock markets face a ‘bloodbath’, warns SocGen strategist Albert Edwards.

What the Double Dip Recession Will Look Like

‘Jingle Mail’: Developers Are Giving Up On Properties

The BHO Administration’s propagandist talk about “The current recovery” is diminished by this recent report on trucking tonnage in the U.S.

Waiting for the Other Shoe to Drop

Irish Debt Downgrade Raises Fear of International Deflation Spiral

Gold Demand Jumps by 36%

Why US Treasury Notes Will Eventually Yield Nothing

Third Hindenburg Omen Signals Stock Market Crash

Dr. Gary North: The Myth of the Engineered Recession

More Inflation Watch

What Happens When China Stops Playing the Music?

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