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    Financial News Update – 12/9/10

    Dec 9th, 2010 by TMH

    US Treasurys: Bond Prices Plunge for 2nd Day on Deficit Fears (Hat Tip: Brian B.)

    Capital Markets – US Treasuries hit by biggest sell-off since Lehman (Hat Tip: Brian B.)

    Commodities – Crude oil tipped to bubble over $100 a barrel (Hat Tip: Brian B.)

    10 reasons to shun stocks till banks crash Paul B. Farrell (Hat Tip: Brian B.)

    Market Skeptics: BP Gulf Oil Spill Disaster (Hat Tip: Brian B.)

    CYBERWAR: Now Hackers Have Taken Down Mastercard.com As Revenge For Julian Assange

    Remember November 4?

    REVENGE: Hackers Announce They Will Try To Take Down Visa.com In One Hour

    Austrian Man Fined By U.N. For Selling Lavish “Birthday Presents” To Kim Jong-il

    85% Of Americans Can’t Answer These 5 Basic Financial Literacy Questions

    Steve Schwarzman Is Leaving The Country And Taking Blackstone’s Money With Him To Europe – Once Things Get “Bloody”

    Stocks Creep Higher While The Bond Rout Continues: Here’s What You Need To Know

    Tom Friedman Hysterically Describes The State Of The US Economy

    James Turk: You Should Also Take Your Silver Out Of The Banks

    Check Out The Greatest Hits Of Operation Payback, The Hackers That Took Down Mastercard

    The Next Black Swan: Congress Unthinkably Moves To Cancel Build America Bonds

    Munis Crushed Again, While Bond Collapse Pushes PIMCO’s Big Fund To Levels From Early August

    Boycott Wal-Mart If You Want to Help Save America From Big Brother (Hat Tip: Brian B.)

    Wikileaks: Stop Us? You’ll Have to Shut Down the Web (Hat Tip: Brian B.)

    Rush: Obama committing over 1% of GDP to UN for climate change (Hat Tip: Brian B.)

    American Retirement Funds at Serious Risk of Being Seized (Hat Tip: Brian B.)

    House Dems to Obama: “Nyet”

    Coming soon to your local Walmart

    Urgent: Democrats attempting to pass Food Safety Act by hiding it inside appropriations bill HR 3082 (Hat Tip: Brian B.)

    One Chart To Rule Us All (Hat Tip: Larwyn)

    President Obama Lambastes Democrats in Congress for Holding the “American People Hostage” to Tax Cuts for the Rich (Hat Tip: Larwyn)

    Gold and Silver Ebb, but Not the Larger Trend

    Kansas Growers Worry About Wheat Crop, But It’s Early (Hat Tip: Brian B.)

    Summers Says Economy Worse Off Without Tax Compromise

    Ron Paul, Author of `End the Fed,’ to Lead Fed Oversight Panel

    Morgan Stanley Said to Expect Bonuses to Drop as Much as 30%

    Home Values to Drop by $1.7 Trillion This Year, Zillow Says

    State Street Sells $11 Billion in Mortgage Securities

    Mortgage Rates for U.S. Loans Jump to Five-Month High

    Dean Foods Loses 59% as S&P’s Worst After Milk Deals Sour

    Federal Reserve Said to Consider Debit-Card Fee Cap

    Spokane, WA – AMR billing fraud, Officer Involved Shootings et al

    There’s an Economic Collapse Coming to This Country – Plan Now (Hat Tip: Brian B.)

    Bank of America Settles In Bid-Rigging Case (Hat Tip: Brian B.)

    NYT’s Krugman Slips and Tells the Truth about ‘Death Panels’ (Hat Tip: Brian B.)

    House Democrats push through massive budget bill (Hat Tip: Nancy Jacques)

    House, Senate on Collision Course After Dems Reject Tax Cut Bill

    Jobless Claims Fall Second Time in 3 Weeks

    Anarchy in the U.K. as Tuition Hike Passes

    Napolitano Announces Expansion of “If You See Something, Say Something” (Hat Tip: Jean Stoner)

    2011 MEDICARE COST SHARING (SENIORS TO GET LESS in SS CHECK) (Hat Tip: Jean Stoner)

    Bank run attempt fails, 4 now. What to do 1st 24 hours of crisis, if it occurs? (Hat Tip: Jean Stoner)

    Here’s The Real Reason Mexico Just Opened Itself Up To Private Oil Production

    Bernanke Told America 2 Massive Lies On 60 Minutes

    This Is The Worrying Reason Consumer Credit Is Rising Even Though Revolving Credit Is Tanking

    Italian Budget Worries Are Causing Bank CDS To Spike

    Why Crude Oil Is Poised To Surge To Over $100/Barrel

    Student protests in London turn violent

    Thousands try to break through police barricades at Houses of Parliament

    Attack car containing Prince Charles, Camilla

    UNEMPLOYMENT WEEK: DOWN TO 421,000; REVISED UP LAST WEEK 438,000

    POLL: Most Americans Say They’re Worse Off Under Obama

    US Treasuries hit by biggest sell-off since LEHMAN

    Prices Plunge for 2nd Day on Deficit Fears

    Rattles investors

    Food Stamp Rolls Continue to Rise

    House Dem push through massive budget bill

    Despite court order, city refuses to return seized cash

    Carbon Marts Launch Around the World

    S.510 “Hitched” A Ride On Massive Budget Bill, 1984 Is Here (Hat Tip: Jean Stoner)

    Cuckoo In Cancun (Hat Tip: Jean Stoner)

    The Abdication of the West (Hat Tip: Jean Stoner)

    Morning Bell: Rally for Liu Xiaobo

    Life Is Not Pretty in Argentina’s Pink House

    Guest Blogger Roger Helmer MEP: Climate Conference Set to Crash and Burn?

    Where’s the Tax Bill?

    PRINCE CHARLES’ CAR ATTACKED By Violent London Youths… Christmas Tree in Trafalgar Square Torched

    16 Year-Old Wikileaks Supporter Arrested For DDoS Attacks on PayPal and Mastercard

    Dems Reject Obama & His Bi-Partisan Tax Extension Deal

    VIOLENCE AT LONDON STUDENT PROTESTS – At Least 3 Police Officers Seriously Wounded; Students Smash Windows & Set Fires (Video)

    Scandal!… Powerful Democrats Helped Chinese Firm Get Stimulus Cash For Wind Farm

    Obamacare Passed ‘For the Children’; Children Hardest Hit

    Who Says There Aren’t Any Good Jobs Out There?

    Has The Fed Lost Control Of The Bond Markets? (Hat Tip: Jean Stoner)

    America’s Message To The Rest Of The World: You Send Us Oil And Cheap Plastic Gadgets And We’ll Send You Our Wealth And Prosperity

    Violent U.K. Protesters Attack Car Carrying Prince Charles

    AFL-CIO Leader Accepts Communist Party Award: ‘I Stand With Them’

    Lawrence O’Donnell Loses it With Alan Grayson Over Tax Compromise

    Democratic Caucus Votes to Reject Obama Tax Compromise

    Bark but No Bite? AP Says House Dems Will Accept Tax Compromise

    Report: Dems Helping Chinese Get $450 Million in Stimulus Money

    SurvivalBlog:

    Bond Prices Plunge for Second Day on Deficit Fears

    We’re all doomed!!! We still haven’t woken up to how much poorer the West is going to be in the future…

    IMF sells 200 metric tons of gold worth $6.7 billion to India’s central bank

    U.S. Facing Federal Debt Cataclysm, The Establishment Is in Despair

    The Fed Has a $110 Billion Problem with New Benjamins

    The Federal Reserve covered staggering losses at American banks

    Consumer Credit Jumps by Most in More than Two Years

    Eurozone on Brink of Meltdown

    Huge Movements in Silver Comex

    “The current Irish government has agreed to borrow something like $88 billion euros to shore up their banking crisis. That is about $27,000 for every man, woman, and baby in Ireland, a rather small country with a little over four million people.” – John Mauldin

    Order Trevor Loudon's new book: 'Barack Obama and the Enemies Within'
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    Posted in Financial, Politics, Survival, Taxation | 2 Comments

    2 Comments to “Financial News Update – 12/9/10”

    1. on 09 Dec 2010 at 8:29 pm1Tweets that mention » Financial News Update – 12/9/10 NoisyRoom.net: The Progressive Hunter -- Topsy.com

      [...] This post was mentioned on Twitter by Michele Whitney, Terresa Monroe. Terresa Monroe said: Financial News Update – 12/9/10 http://tinyurl.com/27cfefa #tcot #iamthemob [...]

    2. on 11 Dec 2010 at 1:46 am2World Spinner

      » Financial News Update – 12/9/10 NoisyRoom.net: The Progressive ……

      Here at World Spinner we are debating the same thing……

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