Financial News Update – 12/27/10

The Chicago Climate Club Gets Capped (List of influential RATS too coincidental?) Hat Tip: Jean Stoner

‘Terror Chicken?’ U.S. Businesses Looking to Tap the Muslim Market

Morning Bell: Big Government Strikes Back

If the FCC Had Regulated the Internet

It’s the Politicians: Microfinance in India Continues to Take an Unfair Beating

Deficit Hawk Coburn Should Save His Breath

Brownian Schism

Transparency Meme Expands

A Ton Of Bailed-Out Banks Are On The Brink Of Collapse (Hat Tip: Jean Stoner)

Many Employees Don’t Understand Retirement Packages (Hat Tip: Jean Stoner)

D.C. court: Illegal immigrants can receive workers’ comp (Hat Tip: Jean Stoner)

Regulatory agencies have stepped up enforcement, study says (Hat Tip: Jean Stoner)

Many Russians here aligning with Republicans (Hat Tip: Jean Stoner)

Is China Behind the Big Silver Short? (Hat Tip: Jean Stoner)

Center-Right New York Sun Asks Whether Governor Palin is “Just Smarter than the Editors and the Congress?” (Update: Doctor Zero on the “Return of the Death Panel”) (Hat Tip: Brian B.)

Unfunded Pensions Force Property Tax Hikes

New Medicare Rule Offers End-of-Life Planning, But White House Says It’s Nothing New (Hat Tip: Brian B.)

Largest Private Employer in Saginaw, Michigan Will Be the City Government of Beijing (Hat Tip: Jean Stoner)

More Brilliant Financial Reporting from the US Media

Four New Members of Fed May Sway Votes

America’s Dangerous Rush to Shrink Its Military Power (Hat Tip: Jean Stoner)

Obama to give Manhattan back to Native Americans?

Senate Democrats Channeling Woodrow Wilson In Upcoming Power Grab (Hat Tip: Jean Stoner)

EDITORIAL: Chavez copies the Pelosi-Reid playbook

American Science and Engineering, Inc. Receives U.S. Government ID/IQ Contract Award Valued Up To $67.0 Million for Z Portal Screening Systems (Hat Tip: Nancy Jacques)

World Bank reaffirms gold as “reference point” to monetary system reform (Hat Tip: Jean Stoner)

The Looming Crisis in the States (and not one of the fake kind either) (Hat Tip: Jean Stoner)

16 Shocking Facts About Student Debt And The Great College Education Scam (Hat Tip: Jean Stoner)

Bootleg Lightbulbs Coming to California (Hat Tip: Jean Stoner)

Michigan Governor Gives Tarnished Answers About Forced Day Care Unionization (Hat Tip: Jean Stoner)

16 US Cities Facing Bankruptcy If They Don’t Make Deep Cuts In 2011

As Hot Money Rushes Into China, The Smart Money Is Getting The Hell Out

And Now Let Us Review The State Of The Housing Market: Awful

State Pension Problems Are Billions Worse Than Advertised

Volatility Alert: Crude Is Rising, But Not Because Of Demand

Oh-Oh! China Is Really Serious About Slowing Its Economy!

EXCLUSIVE SURVEY RESULTS: In The Worst Economy Ever, People Are Quitting Their Jobs With Nothing Else Lined Up

Andy Xie: Either America Or China Will Crash In 2011

Here’s One Crop Exemplifying The Massive Struggle With Inflation In India

China Is Poised To Rise – And Things Could Get Violent

The US Government Can’t Account For Billions Spent In Afghanistan

Hackers watch a world collapsing into chaos (Hat Tip: Brian B.)

“Children Are To Become The Objects Of Experimentation” (Hat Tip: Brian B.)

More dim bulbs: California banning 100-watt incandescent light bulbs (Hat Tip: Brian B.)

USA retail food prices to increase 10-40% for everything noticeably in the 1st half of 2011 (Hat Tip: Jean Stoner)

The Finite World [KRUGBOY ALERT] (Hat Tip: Jean Stoner)

The First 10 City Pensions That Will Run Out Of Money (Hat Tip: Jean Stoner)

No Three-Week Vacations for the Hajj? Don’t Worry, the DOJ’s On It (Hat Tip: Jean Stoner)

Return of the Death Panel (Every part of the Obama Administration is lying to you.) (Hat Tip: Jean Stoner)

Turning America Around (Hat Tip: Jean Stoner)

Grain Prices Heading Higher In 2011 On Tight Supplies, Rabobank Says (Hat Tip: Brian B.)

Does the Patient Protection and Affordable Care Act need title reform? (Hat Tip: Brian B.)

Record Cold Will Result in More Food Shortages (Hat Tip: Brian B.)

Karl Rove: Obama is Waiting for the Economy to Heal Itself, Then He’s Gonna Take Credit For It (Hat Tip: Brian B.)

Japan’s Consumer Prices Fall as Deflation Persists

Reinhart Says Fed Bond Purchases May Exceed $600 Billion

U.S. Retailers’ Holiday Sales Increase 5.5%, Most Since 2005

Driving for $5? Pain at Pump to Get a Lot Worse, Experts Warn

As Economy Weakens, Iran Cracks Down

IRS Backs Off Debit Card Ban for OTC Drugs

Package Bomb Found at Greek Embassy in Italy

2010 Was Year of the Tea Party

Oil rises near $92

Ex-SHELL president sees $5 gas in 2012

Outgoing Democrat Blames Chinese For Loss?

Man quits job, makes living suing e-mail spammers

Venezuela’s Chavez makes first use of new powers

Arrests more than 12,000 for ‘drug crimes’

New global banking rules proposed on bankers’ pay

Terror in Rome: Bomb found at Greek embassy; multiple embassies have package scares

Average stagehand at NYC’s Lincoln Center makes $290K a year

Russian court convicts oil tycoon who opposed Putin

You Must Be Kidding… PBS Glorifies Cuban Health Care System (Video)

Brilliant Elitist Line of the Day…

Pure Evil… The Death Panels Are Back in Obamacare

Thousands of Screaming Supporters Welcome Mavi Marmara Terrorist Ship Back to Turkey (Video)

111th Congress ‘Most Productive Ever’ — In a ‘Termites Devouring a House’ Kind of Way

Those ‘Death Panels’? Bush’s Fault

Tea Party Freshman Walks the Talk

The Working Poor

Disgraced Teacher Enjoys Well-Paid 13th Year in ‘Rubber Room’ After Sexually Molesting 6th Grade Student

New Poll: Opposition for Individual Mandate Hits 60%