Financial News Update – 10/07/10

Bob Etheridge on the Death Tax

The Dollar Bloodbath Continues, As Selling Accelerates In Just The Past Few Hours (Hat Tip: Jean Stoner)

Democrat Phil Hare: National debt is a ‘myth’

Three hospitals quit over ObamaCare

The Obama tax hikes to hit seniors hard

Good Grief… Another Round of Stimulus!

Dollar tumbles to fresh 15-year low against yen (Hat Tip: Brian B.)

PRECIOUS-Gold hits record, set for best week in six months (Hat Tip: Brian B.)

Senate Shockingly Passes Bill That Could Bail The Banks Out Of Foreclosure-Gate (Hat Tip: Jean Stoner)


NY Seeks to Ban Sugary Drinks From Food Stamp Buys

Answer FAIL: Kansas Democrat Fumbles Health Care Question

Americans reject increased government control

Report: White House buried the facts on the Gulf oil spill

Could Republicans gut parts of Wall St reform law?

Delays to Tax Tables May Dent Paychecks

In foreclosure controversy, problems run deeper than flawed paperwork

Wen warns against renminbi pressure

Record High Gold all about Fear (Hat Tip: Jean Stoner)

New HUD program offers up to 24 months of mortgage assistance to unemployed (Hat Tip: Jean Stoner)

Ohio AG sues GMAC, Ally over foreclosure fraud (Hat Tip: Jean Stoner)

LIVE On CNBC: Kyle Bass Hates Equities, Warns Of Hyperinflation, And Definitely Sees Currency Debasement

Soros: The U.S. Has No Need For Austerity, It’s All Just Political Nonsense

Kyle Bass: We’re Going To Have It Much WORSE Than Japan

Check Out Photos Of The Greenwich Estate That Just Sold At A $90 Million Discount

Credit Suisse’s Bob Parker: I Can’t Find One Positive Economic Indicator In Japan

Germany’s Massive Rebound Has Nothing To Do With Exports To Europe

Job Losses in 2009 Likely Bigger Than Thought (Hat Tip: Nancy Jacques)

Anemic job gains could dominate for years (Hat Tip: Nancy Jacques)

HR 4646: The “Trojan Horse” Tax (Hat Tip: Jean Stoner)

Is HR3808 The Equivalent Of TARP 2 And Obama’s “Get Out Of Bail” Gift Card For The High Frequency Signing Scandal? (Hat Tip: Jean Stoner)

Burn your VFW cards; Vote Vets runs VFW – PAC????

Morning Bell: Was Obama’s Oil Spill Response ‘Not Fully Competent’ or ‘Not Fully Candid’?

NRC Chairman Killing Yucca Without Authority

11 Long-Term Trends That Are Absolutely Destroying The U.S. Economy

Frightening Charts Show Record Low Revenue, Worst-Ever Austerity Measures For US Cities

How A High-Speed Yuan Revaluation Could Force China Into A Crash

Money Printing PLUS The End Of The Western Dominance Is The Awesome Combo For Commodities

ADP Reports A Surprise DECLINE In Jobs

More Americans turning against Obama as economy spirals

McDonald’s, 29 other firms get health care coverage waivers (Hat Tip: Brian B.)

Bernanke Tells the Truth: The United States is on the Brink of Financial Disaster (Hat Tip: Brian B.)

New York Wants to Ban Sugary Drinks from Food Stamp Purchases (Hat Tip: Jean Stoner)

Food Stamp Recipients at Record 41.8 Million Americans in July, U.S. Says (Hat Tip: Jean Stoner)

One percent transaction tax is proposed (Hat Tip: Jean Stoner)

Fear undermines America’s recovery (Hat Tip: Jean Stoner)

Fed Officials Mull Inflation as a Fix (Hat Tip: Jean Stoner)

What the hell: How stealth banking bailout reached Obama’s desk (Hat Tip: Jean Stoner)

Breaking: Dem Rep’s Wife Pleads Guilty to Racketeering; Faces Up to 6 Months in Prison (Video)

Harry Reid: “It Is My Constitutional Duty” to Spend Federal Money… “I Fight For It” (Harry, you need to just go away now… Please…)

Newt’s Closing Argument: It’s The “Party of Paychecks” vs. The “Party of Food Stamps”

Fed’s $2 Trillion May Buy Little Improvement in Jobs

TIME MAG: Anguish and Anxiety

Dollar slide continues



Cuba, Bahamas push ahead with offshore oil plans

GALLUP: UNEMPLOYMENT ACTUALLY AT 10.1% Government ‘likely to understate’ final report before midterms

Move to delay UK spending cuts

Postal Service Ballots Get Lost — In the Mail

Jobless Claims Drop to 3-Month Low What an utter lie…

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