Financial News Update – 12/1/10

Sharing is caring!

Fed Names Recipients of $3.3 Trillion in Crisis Aid

The Irish Crisis: Taiwanese Animation Style

Bank Of America Selling Accelerates, As Fears Spread That It’s In The Wikileaks Crosshairs

Legislation To Ensure Irish Bondholders Share Hit Could Be Introduced Before Christmas

Citi: Ireland, Greece And Portugal Are Insolvent, Spain Will Be Soon, Italy And Belgium Are Threatened

The Bond Bubble Just Popped

Case Shiller: Here Are The 15 Housing Markets That Will Fall The Most By 2012

Build America Bonds Are Officially A California Subsidy

Markets Slammed As Bulls Blow It In The End: Here’s What You Need To Know

Insider-Trading Probe Now Said To Be Targeting Firm Called White Mountain

AMERICAN CONSUMERS ARE FINALLY GETTING DEBT RELIGION — Debt-To-GDP Drops By Most Ever

Another Day Of Massive Student Protests Hits London

Romania Is The Scariest Place In The World For Austrians Right Now

What Do The PIIGS, California And A Chinese Village Have In Common?

Europe Falls Toward Enlightenment?

Hiss of a Smart Grid

CUT, Don’t Freeze Federal Employee Pay

Please. Go.

Euro Declines as Europeans Wise Up

The Dual-Mandated Failures of the Federal Reserve

Putin Suggests Russia Could Join Euro Zone, Make Euro World’s Reserve Currency

Death Comes For Us All

Stop Them From Eating My Town (Hat Tip: Brian B.)

Obama may delay Hawaiian vacation over tax fight (Hat Tip: Brian B.)

Could China’s Instability Threaten America?

China’s double-digit economic growth over the past thirty years has been breathtaking. Growth has limits, however, and China may soon be reaching them. With worldwide recession and inflation coming to the yuan, a slowdown in China’s growth is increasingly probable. If China experiences any letup in growth, the nation’s internal stability becomes a concern. The modern Western trait of rising expectations has set in with the populace. By their sheer numbers, any setback in the standard of living could ominously jeopardize the nation’s political and economic structure — and affect us as well.

New Deficit Plan Still Eyes Social Security Trims

Superbear Tice: $6,000 Gold Ahead

Stocks Rally on Speculation IMF to Expand Europe Bailout – Absolute, sheer insanity…

European Banks Dominated Use of Fed’s Commercial Paper Program

Social Security, Income Tax Cuts Part of Debt Plan

Fannie, Freddie Spar With Regulators on Foreclosures

World Food Prices Climb For Fifth Month to Highest in Two Years

Volcker Says Dollar’s Role in Danger as U.S. Influence Declines

Changing American expectations

EU forces market trader to pulp thousands of kiwi fruit because they’re ONE MILLIMETRE too small (Hat Tip: Bookworm Room)

Guess Who’s Paying For The Greece Bailout? That’s Right — YOU (Hat Tip: Jean Stoner)

Why Eric Sprott sees silver as the next big investing windfall (Hat Tip: Brian B.)

Observing the Spread of the Sovereign Debt Crisis

Mortgage Tax Break in Crosshairs

After meeting, Obama and Republicans hopeful about a deal on Bush tax cuts

Earmark ban fails in Senate, succeeds in adding support

Will Jean-Claude Trichet Uncork The Mother Of All QE Programs?

Basically, Everything In Europe Comes Down To Her

Dow Jones Industrials 9,240, Here We Come

Bank of America, Wells Fargo Led Borrowers From Fed’s TAF

House GOP Balks at Middle-Class Tax Cut Vote Scheduled Thursday

Senate GOP Threatens Gov’t Standstill

2M Lose Jobless Benefits as Holidays Arrive – This is the chaos the unions and communists want. The timing was not an accident.

Deficit Panel to Propose Social Security Cuts

FCC Readies Vote on Net Neutrality Rules

WH to Impose Ban on New Drilling Off Fla. Coast – Court rulings and law be damned. We are officially being ruled by a dictator.

Budget cutters aim their axes at Medicare (Hat Tip: Brian B.)

Despite massive protests, US Senate passes S 510 Food Safety Bill (Hat Tip: Brian B.)

A case of the wrong case: U.S. cities forced to spend millions changing street signs (because they are in capital letters) (Hat Tip: Jean Stoner)

Islam expert: Developers will get money for mosque (Hat Tip: Brian B.)

The Small Error That Could Ruin Dem’s Health Care Efforts (Hat Tip: Jean Stoner)

Bonds sink on report of US aid to Europe

U.S. Treasury: No talks now on bigger EU fund

FED: Foreign banks borrowed hundreds of billions of dollars in crisis funds

US TO BAILOUT EU

100,000 Apply for 1,000 Flight Attendant Jobs

Obama to Order Massive New Offshore Drilling Ban

REWARD: CITI to Hire Obama’s Ex-Budget Chief Orszag

REPORT: SEC showed leniency to bailed-out BANK OF AMERICA

Fed to release details on $2 TRILLION lending programs for financial institutions, foreign banks… Developing…

Cash-Strapped Newark Forced To Lay Off 14% Of Police Force

Commission’s deficit plan includes sharp cuts in military, higher retirement age, tax changes

JULIUS CALLS FOR INTERNET RULES

FCC GRAB

SCHLAFLY: Coming: Gov’t Regulation Instead of Law

Bolivian President: Capitalism is root of problems facing world; Urges declaration of rights for Earth’

Supreme Court questions Obama admin’s broad use of FOIA exemption

ZUCKERMAN: Watching America’s Decline and Fall

GOP Will Filibuster All Bills if Taxes, Budget Not Addressed

Organ Donation Wagons To Make House Calls In NYC

House May Block ‘Food Safety’ Bill Over Senate Error

David Skarica: US Inflation Could Spark Global Unrest

Judge tosses challenge to Obama healthcare law (Hat Tip: Jean Stoner)

China’s food crisis spells end of record highs (Hat Tip: Jean Stoner)

Spanish banks face $111-b funding hurdle in ’11 (Hat Tip: Jean Stoner)

Yuan-Hungry Investors Urge Companies to Sell Dim-Sum Bonds: China Credit (Hat Tip: Jean Stoner)

Obama Blocks US Companies From Drilling Off Coasts – Cuba Will Proceed With Drilling Plans

Far Left Clinton-Appointed Judge Finds Mandatory Health Care Requirement in Constitution

The Littlest Victims of Obamacare

Document drop: S. 3992, the Dems’ latest Illegal Alien DREAM Act bill

Climate Alarmists Push Forced Relocation At Cancun Summit (Hat Tip: Jean Stoner)

“FCC chairman to propose plan for net neutrality (Hat Tip: Jean Stoner)

Reid Contaminates Food Safety Bill

Government Speeds Permitting for Wind Farms as Gulf Drilling Continues to Lag

Republican Earmarkers Already Enabling Higher Government Spending

Taxes-for-New START Deal is Not the Change Americans Voted For

Left Still In Denial About Federal Worker Pay

FCC’s Christmas Gift for the Internet: Net Neutrality Regulation

The Fiscal Commission’s Moment of Truth

Time’s up for the President’s Deficit Commission

Is the Collapsing Empire and Its Police State Worth Fighting For?

The Forest, the Trees and the TSA

We Are All German Jews Now

NRC approves uranium license transfer in Wyoming (to a Russian company) (Hat Tip: Jean Stoner)

Less Money, More Problems

Did Comedy Group Yank ‘Obama = Keynesian’ Video After Beck Radio/TV Exposure?

Dems Rallying for First Lady’s $4.5 Billion School Lunch Bill

Obama Admin Reverses Decision to Allow Drilling in Eastern Gulf

Gov’t Report: ACORN Improperly Awarded $450,000 FEMA Grant

SurvivalBlog:

Currency Crisis! So What Happens if the Dollar and the Euro Both Collapse? [JWR Notes: I predict that both will collapse, but that the Euro will tank first. This will mean a brief upswing in the value of the U.S. Dollar. As I’ve noted before, that brief interim will likely provide a window of opportunity to buy precious metals.]

Number of the Week: 492 Days From Default to Foreclosure.

Starve the Beast: Just Bull, not Good Economics.

World at a Boil with War and Economic Crisis

The Great Copper Heist

The Stench of Growing Economic Decay Grows Stronger

Spain Could Be Forced to Seek a Bailout Within Months, Says Barclays

EU Rescue Costs Start to Threaten Germany Itself

Spain, Portugal and Belgium to Follow Ireland into the Abyss

2 thoughts on “Financial News Update – 12/1/10

  1. Pingback: Tweets that mention » Financial News Update – 12/1/10 NoisyRoom.net: The Progressive Hunter -- Topsy.com

  2. Pingback: Local Search and Find

Comments are closed.

Donate to
NoisyRoom.net

Support American Values...