Financial News Update – 12/21/10

EU must choose its lies wisely

Congress Threatens To Sow The Seeds Of Our Next Banking Crisis

John Hussman’s Most Radical Belief: It Wasn’t The Bailout That Saved Us From A Great Depression

27-Year Old Citi Banker Commits Suicide

David Rosenberg: Here’s 10 Signs That The Holiday Retail Season Is Going Worse Than People Realize

12 Things John Hussman Believes About This Market

Saxo Bank Presents Its 10 Black Swan Predictions For 2011

Wikileaks Tells Followers To Run From Bank Of America After Bank Cuts Off Payments

Raj Rajaratnam Is Refusing To Hand Over The Wiretaps The SEC Legally Has Rights To

Your Tax Dollars at Work in Austin, Texas

$24.5 Trillion In US National Debt, $144 Trillion In Unfunded Liabilities In… 2015 (Hat Tip: Jean Stoner)

Japan Sounds the Alarm on China, Does the U.S. Hear It? (Hat Tip: Jean Stoner)

Taking names, Napolitano style (Hat Tip: Jean Stoner)

FCC approves net neutrality rules (Hat Tip: Jean Stoner)

BREAKING- FCC Approves Plan to Regulate Internet (Hat Tip: Jean Stoner)

North American Union: Why the U.S. coverup? (Hat Tip: Brian B.)

A Joe Biden (War on) Christmas (Hat Tip: Brian B.)

Democrats Slip Bringing Terrorists to American Prisons into Defense Bill (Hat Tip: Brian B.)

FCC to Vote on Internet Regulation Plan Despite Economic Warnings (Hat Tip: Jean Stoner)

Leaked Cable Ignored By Mainstream Media: Hike Food Prices To Boost GM Crop Approval In Europe (Hat Tip: Brian B.)

Top 10 Ways to Prepare for the Total Breakdown of Society Without Looking Like a (Complete) Lunatic (Hat Tip: Jean Stoner)

IMF Director says IMF “forces coordination” and there’s “no other solution” to Greek-style austerity « Exposing Faux Capitalism (Hat Tip: Brian B.)

Failure of Economic Happy Talk

Government to Control the ‘Net – Good Luck With That!

FCC to approve Net neutrality rules Tuesday

Morning Bell: It’s Time to Stop the FCC Internet Czars

The Unsurprising Terrorist Plot to Poison Our Food

Global Warming Policies and the Perverse Incentives They Create

Senate Presents an Acceptable Continuing Resolution

Dem Rep. Schakowsky (D-IL): US A “Banana Republic” Without Wealth Redistribution

It’s Europe’s crisis (Hat Tip: Jean Stoner)

GREEN MAKE BELIEVE: Van Jones Admits Left is “PRETENDING” Need for Regulations (Hat Tip: Jean Stoner)

DHS to check, control your home energy use as an item of National Security (Hat Tip: Jean Stoner)

EPA Sets First National Standard to Reduce Mercury Emissions from Gold Production (Hat Tip: Jean Stoner)

President Obama’s Environmental Protection Agency delays cause heartburn (Hat Tip: Jean Stoner)

EPA Removes Saccharin from Hazardous Substances Listing (Hat Tip: Jean Stoner)

Is There A Secret Credit Problem In Brazil Ready To Explode?

The 10 Huge Economic Questions For 2011

Here’s The Truth About The Supposed “Recovery” In Commercial And Industrial Lending

“Christians Lost Christmas War…”

NASA Selects United Negro College Fund To Help Build Science Careers (Hat Tip: Jean Stoner)

Greenspan: Bond-Market Crisis Likely if Budget Deficit Ignored

Homeless Squatting In Foreclosed City Homes (Hat Tip: Jean Stoner)

Deutsche Bank to Pay $554 Million in Tax Shelter Case

FCC Approves Plan to Regulate Internet

Must-Tell Union Rule Targets Businesses

FCC Gives Government Power to Regulate Web Traffic

City threat to shut street lights in budget crunch

Fed extends program to ease Europe debt crisis

Funding Deal Snarls Obama Agenda

Unemployed get another jobless benefit — free yoga

US heads for budget showdown; Republicans to seek $100B cuts as they call March deadline

REPORT: Millions enter US without passports, secure IDs

Obama’s mystery proposal to regulate the Internet

Venezuela tightens Internet regulation

Hungary passes law boosting govt control over media

SHOCK: China online stores offer skin products made from cat and dogs

Schwarzenegger says he’d like a job working for Obama — combating global warming

Prisons get education funds; Corrections biggest recipient of federal stimulus

Wikileaks: Obama Regime Knew Ousted Honduran Leader Was Socialist Pig – Backed Him to Please Chavez

FCC Democrats Seize Control of Internet- Pass Net Neutrality

Republicans Collapse on START Treaty

Disgusting… Frank Wants Government to Block Your Children From Inheriting Your Wealth (Video)

Arnold Schwarzenegger For Climate Change Czar?

Government Waste: 20 Of The Craziest Things That The U.S. Government Is Spending Money On

FCC Votes 3-2 to Regulate Internet via Net Neutrality

Senators Say Scotland Released Lockerbie Bomber to Avoid Libyan ‘Commercial Warfare’

Report: Next Terrorist Attack Could Involve Salad Bars

Report: ‘Net Neutrality’ Set to Become New Reality

EU Uses Wacky European Weather to Justify More Airline Regulation


CBO Recommendation to Munis – Default! JWR’s Comment: Do I see another expansion of the Mother of All Bailouts (MOAB) coming?

China: That Urban Empty Feeling

US Headed Down a Path of Destruction

Massive Selling of US Currency Lies Ahead

Gold to reach $1,800 – probably in Q1 2011 – James Turk

South Korea plans levy on foreign currency bank debt

China Doubles Korea Bond Holdings as U.S. Debt Sold

The coming collapse in the state budgets

Bill Gross signals end of the great bond bull market

Millions facing fuel rationing over Christmas as heating oil runs low

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