Bill Gross: Fed To Buy $100 Billion In Government Debt A Month Until It Hits $1.2 Trillion
Check Out Chris Whalen’s Terrifying Presentation On The 2011 Foreclosure Crisis
Chris Whalen: It’s Still 3-6 Months Until Foreclosure-Gate Really Gets Out Of Control
CHART OF THE DAY: The Scariest Jobs Chart Ever
Here’s The Drastic Revenue Collapse Causing The Massive Layoffs By Local Governments
Here Are The Gritty Details Behind Today’s Ugly Jobs Number
Foreclosure-Gate Spirals: Bank Of America And PNC Now Halting All Foreclosures
September Jobs Report Very Weak, As Public Sector Slashes Employment Massively
Citi: With Bond Yields Where They Are, Stocks Need To Crash
It’s Now Obvious That The Crucial Economic Problem Is State Governments
October 8, 2010: The Day Agriculture Prices Exploded The story of the day is not stocks or bonds or even the jobs report. It’s the massive explosion in ag futures. It’s really astounding, and it screams INFLATION.
America Has Three Paths: Become Japan, Accept Inflation, Or Default
Analysis: Bleak news for Democrats in jobs report (Hat Tip: Nancy Jacques)
Obama Considering Rule by Executive Order in 2011 (Hat Tip: Jean Stoner)
Zogby/O’Leary: Independents Back Fed Hiring Freeze (Hat Tip: Nancy Jacques)
Sharpton Uses Weird Handouts-as-Food Analogy to Shame Audience
Treasuries Rally for a Fourth Week on Prospects for Debt Purchases by Fed
Geithner Says Yuan `Significantly’ Undervalued, Wants China to Let It Rise
Dow Tops 11,000, Treasuries Rise on Fed Easing Bets
Job Losses in U.S. Exceed Forecasts After Local Governments Fire Teachers
Attorneys General in 40 States Said to Join on Foreclosures
California Legislature Passes Main Budget Measure 3 Months Late
USA Won’t Recover Lost Jobs ‘Until March 2020’ At Current Pace
Stock Market Keeps Rolling No Matter What the News
CA miscalculated pollution levels ‘by 340%’ to toughen state’s ‘clean air’ standards
BANK OF AMERICA Halts All Foreclosures, Sales
Feds Weigh Ban on All Phone Use by Drivers
CA county may become the Napa Valley of marijuana
Airline deal clears way for emissions tax
Soaring prices threaten new food crisis
WORLD ORDER: Geithner urges greater IMF role in currencies
D.C. Health Fair — on The Taxpayers’ Dime
Watch the US Dollar Index. As I’ve mentioned before, 72 is he threshold to watch for. Below that, there could be huge currency trading turmoil, and formal devaluations.
Financial stability set back by debt woes: IMF. Here is a quote: “However, the fund said banks had made less progress in dealing with near-term funding pressures — nearly $4 trillion of bank debt needs to be refinanced in the next 24 months. ‘Overall, bank balance sheets need to be further bolstered to ensure financial stability against funding shocks and to prevent adverse feedback loops with the real economy,’ the IMF said.”
Middle Class Slams Brakes on Spending
Stimulus Check Winners: Prisoners, Dead People
The Most Profitable Industries for the Next Three Years
Housing Slump Hammers Local Government Tax Revenues
Norcini, Sinclair: Financial Hurricane To Collapse The System
US Loan Delinquencies Rise For First Time in a Year, ABA Says
Yellow Hoard (The Mogambo Guru)
