Financial News Update – 12/24/10

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FDA Revokes Approval of Avastin, Life-Extending Cancer Drug: Work of the Death Panels Has Begun (Hat Tip: Jean Stoner)

EPA takes over Texas pollution permits (Hat Tip: Jean Stoner)

Here’s The Triple Threat That Could Spin The Globe Into A Deeper Recession

American Austerity: Crime Spikes, And Fear Explodes After Newark Chops Police Force

David Rosenberg Predicts Total Financial Disarray In Europe

10 Good Reasons To Be Worried About The Stock Market In 2011

Canary In The Coalmine: The Alabama Town That Just Stopped Sending Pension Checks

Bond Investors Are Fleeing Mutual Funds In A Frenzy

Gulf CEO: Oil May Near $150 a Barrel by Summer

Full Reading of the US Constitution to Open Next Congress

Russian arms accord may come at a cost (Senator Earmarks?) (Hat Tip: Jean Stoner)

Maryland inmates handle SSNs, other private data (Hat Tip: Jean Stoner)

Unions continue to intimidate citizens at private homes

China Shows Elite Hand

New Elite Gambit Features ‘Transparency?’

Gangster government, TSA edition (Hat Tip: Jean Stoner)

Sacramento-area pilot punished for YouTube video (Hat Tip: Jean Stoner)

Woman Arrested at ABIA After Refusing Enhanced Pat Down (Rape Victim) (Hat Tip: Jean Stoner)

Is FCC Commissioner Michael Copps Trying to Reinstate the Fairness Doctrine? (Hat Tip: Jean Stoner)

Board: Keep Companies From Oil Spill Evidence

Anarchist Group Claims Roman Blasts

Report: Treasury OK’d Business With Iran

EPA Moving to Limit Greenhouse Gases

‘Obama attacking Social Security’ (Another Festivus Miracle!) (Hat Tip: Jean Stoner)

Just How Freaked Out Should You Be About A ‘Muni Meltdown’? (Hat Tip: Jean Stoner)

NHS at the limit: Intensive care units almost full as swine flu takes its toll (Hat Tip: Jean Stoner)

Italy: Anarchists wanted revenge on Chile, Swiss (Leftist moonbats sent mail bombs) (Hat Tip: Jean Stoner)

Obamacare falls to critical condition (Republicans can draft real health care reform) (Hat Tip: Jean Stoner)

Republicans are Already Defunding Obamacare (Hat Tip: Jean Stoner)

UAW Will Cash In on GM Stock Dilution (Hat Tip: Jean Stoner)

Republicans Plot Death Of EPA Climate Rules (Hat Tip: Jean Stoner)

Morning Bell: Remembering the Providential Gift of America

The Age of Uncertainty

Obamacare: The Price Controls Begin

University Of California Under Fire (University sued for giving illegals in state tuition) (Hat Tip: Jean Stoner)

Government made major revisions to for-profit colleges report, didn’t tell public (Hat Tip: Jean Stoner)

Municipal Bond Market Crash 2011: Will Dozens Of State And Local Governments Default On Their Debts? (Hat Tip: Jean Stoner)

Bank of America Loses Key Battle In Mortgage Fraud Fight (Hat Tip: Jean Stoner)

Murkowski Votes For All Obama Lame Duck Items (Hat Tip: Brian B.)

Senate Democrats Poised for Power Grab (Hat Tip: Jean Stoner)

Is Germany Preparing To Back A Huge Eurozone Bailout Fund?

Investing In The “Vice” Fund Doesn’t Make Sense

Fitch Just Downgraded Portugal — There Goes Your Euro Spike

Bill of Federalism (Hat Tip: Nancy Jacques)

State Pension Problems Are Billions Worse Than Advertised

Meredith Whitney Getting Trashed Eight Ways To Sunday For Terrifying Muni Default Call

Are Oil Prices Are About To Wake Up To Peak-Production Realities?

OPEC Members ‘Target $100’

Online Holiday Sales Climb 15%

U.S. Approved Billions in Business Deals With Iran

Tax-cut deal includes breaks for buying race horses, windmills

BYPASS CONGRESS: EPA moves unilaterally to limit greenhouse gases

City shuts down till January 3 to save money

Unreal. Local Media Reports That Union Thugs Screaming “F**k You!” Are “Christmas Caroling”

CHANGE! Obama Adminstration Approved Business With Blacklisted Nations

Al Sharpton Calls For for Government Mandated ‘Spoils’ Redistribution Based on Black Populations (Video)

Christmas Stories

Officials Say Anarchists Responsible for Italy Bombings

Dear Santa: U.S. Senator Warns of Global Warming at North Pole

China Sentences Journalist to Life in Prison for Reporting on Riots

Jesus Who? Christian Cross Banned from Bethlehem Souvenir Shops

WH: Obama Will Re-Nominate Failed Federal Reserve Appointee


For Recession Victims, Gold Mining Pans Out

60 Minutes segment: “State Budgets: Day of Reckoning”

Goldman Sachs Guru Sees 2011 as ‘the Year of the USA’ Goldman’s Jim O’Neill shot to fame by predicting the staggering rise of emerging-market economies like the BRIC nations, Brazil, Russia, India and China. But 2011, he says, “will be the beginning of a new phase in which the U.S. has strong GDP growth.”

Sales of Previously Occupied Homes Up in November

Oil Tops $90 as Government Says Crude Supplies Shrank

Citigroup Fears Fresh Wave of Sovereign Defaults and Bank Failures in Eurozone

More People Fell Out of Obama Mortgage-Aid Program

The future of America, as seen in California’s Central Valley. Here is a quote: “Many of the rural trailer-house compounds I saw appear to the naked eye no different from what I have seen in the Third World… …The public hears about all sorts of tough California regulations that stymie business — rigid zoning laws, strict building codes, constant inspections — but apparently none of that applies out here. It is almost as if the more California regulates, the more it does not regulate.”

The great bank heist of 2010.

Jobless Americans Wary of Losing Skills

High Unemployment Numbers Fueled New Heinous Job Scams

Moody’s Says 2011 Double Dip Damages US Banks

Holiday Shoppers Sprint to the End; Retail Revenue Up

Investor Bond Retreat the Fastest Pace in Two Years

Tax Cuts Raise Expectations for Economy in 2011

Suddenly, barter is hip.

2 thoughts on “Financial News Update – 12/24/10

  1. Pingback: » Financial News Update – 12/24/10 The Progressive … | Pay OFF Your Debt

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