Financial News Update – 11/17/10

Senate Bill S 510 Food Safety Modernization Act vote imminent: Would outlaw gardening and saving seeds (Hat Tip: Brian B.)

Action Alert – It’s Back! H.R. 3808 Interstate Recognition of Notarization Act of 2010 (Hat Tip: Jean Stoner)

U.S. Consumers Ditching Cable TV In Droves (Hat Tip: Jean Stoner)

IMF’s Bancor Last Man Standing?

Chinese Statists = American Ones?

The World Shorts the Dollar

GM Boosts IPO Size to Reduce US Government Stake (Hat Tip: Brian B.)

Senate targets fresh veggies (Hat Tip: Brian B.)

Roche takes knife to costs, slashes 4,800 jobs (Hat Tip: Nancy Jacques)

Reid to scrap test vote on natural gas bill, sees chance to move later this year

Not Made in America Prevails as Fed’s `Cheap Money’ Finds Its Way Overseas

GOP gains upper hand on spending

Shocking Hype On ‘All-Electric’ Volt, Spurious Spawn Of State Capitalism (Hat Tip: Nancy Jacques)

Euro Zone Anger at Germany Boils Over (Hat Tip: Brian B.)

Global Panics Just Not What They Used to Be

16 Reasons Why California Is The Next Greece

The 14 Craziest Foods In China’s Red-Hot CPI

Here Are The Banks That Will Get Whacked In An Ireland Collapse

EU Officials Says Ireland Is In Talks To Accept A DOUBLE Bailout

If You Read Wal-Mart’s Earnings, You Know The Real Reason The Market Is Tanking

This Is The Horrifying Budget Report That Caused Everyone To Freak Out About California

The Greek Bailout Crackup Is Here, As Austria Refuses Payments

CONNECTION BETWEEN TIMOTHY GEITHNER AND GEORGE SOROS* (Hat Tip: Jean Stoner)

Call your Senator re. ‘Paycheck Fairness Act’ (Hat Tip: Jean Stoner)

How To Control Congress (Hat Tip: Jean Stoner)

Krugman Endorses Death Panels (Hat Tip: Jean Stoner)

Labor to push for China currency bill during lame-duck session (Hat Tip: Jean Stoner)

Dude, where’s my Obamacare waiver? (Hat Tip: Brian B.)

Fed May Hesitate on More Easing After Critics Question Mandate

Home Ownership Gets Tougher on Restricted FHA Mortgages

U.S. Deficit Plan Misses the One Big Gap: Roger Lowenstein

Rivlin Proposes 6.5% National Sales Tax as Part of Deficit-Reduction Plan

Fed’s Rosengren Says Inaction Risked `Worsening Pain’

Top Republicans Express `Deep Concerns’ in Letter to Bernanke

Banks in EU May Be Exempted From Basel Leverage Ratio

Billionaire Soros wins CIC Globalist of the Year award (Barph) (Hat Tip: Jean Stoner)

Hamtramck seeks state permission to file for bankruptcy (it begins) (Hat Tip: Jean Stoner)

Turn Issa Loose (Hat Tip: Jean Stoner)

Baptism Of Eire (Hat Tip: Jean Stoner)

Angry Mob Of Workers Beat Their Boss To Death With Iron Rods To Protest Layoffs (Hat Tip: Jean Stoner)

Senate Democrats swim against anti-earmark tide (Hat Tip: Nancy Jacques)

Our Cities Face a Deepening Fiscal Crisis (NYC, San Francisco, Chicago, L.A, all vulnerable) (Hat Tip: Jean Stoner)

Morning Bell: Who Should Control Your Health Care, You Or The Government?

Federal Paychecks Are Outsized

GAO: Public Debt Will Surpass WWII Highs Within 10 Years

Allen West On Whether Congress Should Be Looking At Defense Spending Cuts: ‘I Think You Have To’

Communist Party USA Boasts Working Relationship with AFL-CIO’s Richard Trumka in Elections Analysis (Hat Tip: Jean Stoner)

Why the Irish Crisis is Going Global (Hat Tip: Jean Stoner)

Eric Rosengren defends Fed policy, raises recovery concerns (Hat Tip: Jean Stoner)

Jobless benefits cost so far: $319 billion (Hat Tip: Jean Stoner)

Boehner Challenges Constitutionality of Health Reform Law (Hat Tip: Brian B.)

CMS head Donald Berwick faces congressional hot seat (Commiecare™ redistribution czar on right now) (Hat Tip: Jean Stoner)

Corker, Pence: It’s time to limit the Fed (Hat Tip: Jean Stoner)

The History of Health Tyranny: Codex Alimentarius, part 1 (Hat Tip: Brian B.)

Like Hell There’s No Inflation (An ordinary American weighs in on today’s CPI). (Hat Tip: Jean Stoner)

U.S. Sets Up 50 Criminal Bank Probes

Sweet drinks, national sales tax targeted to cut deficit

Members of Congress get richer despite sour economy

Charges ex-DHS chief Chertoff got ‘sweetheart deal’ selling naked scanners to TSA

Efforts to Extend ‘Tax Cuts’ Falter as Talks Are Delayed

AMERICANS HAVE COLLECTED $319 BILLION IN JOBLESS BENEFITS OVER PAST 3 YEARS

Study: Americans fleeing high-tax, union-dominated states

Bernanke’s ‘Cheap Money’ Spurs Investment Outside USA

Euro zone seems at a loss to stop the rot

THE BIG BET: Upsized GM IPO could be biggest deal ever

Small Investors Left Behind

Soros: China has better government than America

PODESTA: Obama should ‘push the country to a better place’

Reporter tossed from $ecret Dem fundraising conference

Berlusconi rating at new low as govt crisis worsens

Murdoch Warns Of China Economic Prowess

Police pepperspray CA students protesting tuition hikes

Debt collectors now using FACEBOOK to harass people who owe

Facial recognition vending machines; High-tech device recommends beverages

Soros & Chertoff Make a Killing On Controversial TSA Scanners

Stop the illegal alien student bailout: DREAM Act target list; Plus: Sen. Sessions’ critical alert

Lame-duck session alert: Food police, feminism run amok & enviro-handouts on Senate floor today

Chicago shuffle in the East Wing: Meet Mrs. O’s high-powered, Soros-friendly bundler-turned-chief of staff

Motor Trend ‘Car of the Year’: Chevy Volt (Congratulations, Taxpayers!)

How In The World Did We Get To The Point Where The Federal Reserve Is Printing Money Out Of Thin Air Whenever It Wants?

Could The Financial Crisis Erupting In Ireland, Portugal, Greece And Spain Lead To The End Of The Euro And The Break Up Of The European Union?

Coincidence? Soros Apparently Sells Off All Shares of TSA Scanner Company

Guess Who Showed Up to a Closed-Door Dem Funding Mtg in D.C.

Paper nor Plastic: L.A. County Bans Plastic Bags, Adds Surcharge to Paper Ones

Wild Security Video: Robbers Storm CA Jewelry Store With Axes & Hammers

SurvivalBlog:

Gary Shilling Sees `Significant’ Stock Selloff Within 12 Months

From Dr. Gary North’s e-newsletter: “There is a cartoon video all over the Web that discusses “quantitative easing.” It is a riot. This is very, very bad for Bernanke. When the public starts laughing at a senior government bureaucrat, he is in trouble.”

Nassim Taleb Says Fed Doesn’t Understand Risks of Quantitative Easing

Stocks Finish Mixed As Dollar Gains

Retail Sales Rise Is Led By Higher Auto Purchases

Credit Card Writedowns Continue Decline In October

The Worth of Gold and Silver During Crisis

BofA is in Deep Trouble, and There May be Financial Disaster on the Horizon

“When a government is dependent upon bankers for money, they and not the leaders of the government control the situation, since the hand that gives is above the hand that takes… Money has no motherland; financiers are without patriotism and without decency; their sole object is gain.” – Napoleon Bonaparte

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