Financial News Update – 01/10/11

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Global Economy – Tensions rise in currency wars (Hat Tip: Brian B.)

NASA Warns Solar Flares from ‘huge space storm’ Will Cause Devastation (Hat Tip: Brian B.)

Elite ‘Cult of the Expert’ Erodes

Elite’s Frustration With Meme Nullification

A Muni-Bond Bull Gets the Final Word

Carolyn McCarthy readies gun control bill (Hat Tip: Steve Schippert)

How We Got Here (and where we are headed) (Happy New Year) (Hat Tip: Jean Stoner)

BP closes site over loss in Slope rent dispute {oil production} (Hat Tip: Jean Stoner)

No estimate for reopening of Alaska oil pipeline (Hat Tip: Jean Stoner)

Drop in Production by BP, Others Threatens to Push Oil Toward $100 a Barrel (Hat Tip: Jean Stoner)

Fed Paid US Treasury Record $78.4B Last Year (Hat Tip: Nancy Jacques)

Massive Silver Withdrawals From The Comex (Hat Tip: Jean Stoner)

Al Gore Urges China, U.S. to Build Greener Cities (Hat Tip: Jean Stoner)

McCarthy readies gun control bill (Brady also has bill banning free speech) (Hat Tip: Jean Stoner)

BATFE Request To Track Semi-Automatic Rifle Sales Delayed (Hat Tip: Jean Stoner)

Unbelievable: Democrat Group Using Gifford’s Shooting For Fundraiser! (Hat Tip: Brian B.)

How the Bill Gates Foundation is genetically manipulating nature and devastating our health (Hat Tip: Nancy Jacques)

Central banker urges China to cut U.S. debt holdings: report

The Impact of Obamacare: From the Frontlines of Our Health Care Crisis

The Ugly Details Behind Today’s Big Jobs Report Miss

An Ugly Development For Everyone Going Gaga For Emerging Markets…

Alan Greenspan Sees A Huge Chance Of A Bond Collapse, While Lashing Out At His Critics

Barry Eichengreen On Timing The Inevitable Decline Of The US Dollar

Citi Downgrades Tobacco Stocks Saying Smoking Will Cease To Exist By 2050

The French Go On The Offensive, And Push For A New European Treasury

Germany May Soften Objections to Fund Increase as Bonds Drop

Stocks Fall, Bond Risk Rises to Record Before Europe Debt Sales

Wall Street Dumps Most Treasuries Since 2004 on Growth

Survey: Gas Prices Up Over 9 Cents a Gallon

Debt default fears will spread to US and Japan, warns Citigroup’s Willem Buiter (Hat Tip: Brian B.)

Trade war looming, warns Brazil

Tensions rise in currency wars

Pentagon concerned over China’s rapid development of new weapons

Economists foretell of U.S. decline, China’s ascension

UPDATE: China leads list of biggest US creditors

Chavez calls burning of gov’t building terrorism

Dem planning bill that would outlaw ‘threatening’ lawmakers …’use language or symbols that could be perceived as inciting violence’

ANOTHER CITY GOES: Chowchilla, Calif. Defaults On Bond (Hat Tip: Brian B.)

Offshore Gold Rush: AngloGold, De Beers hunt gold under Atlantic (Hat Tip: Brian B.)

GM corn releases insecticide chemicals that are now polluting rivers and streams (Hat Tip: Brian B.)

FT: Brazil Threatens Trade War Against US, China

Clyburn: Reinstate the Fairness Doctrine

House Dem calls for special treatment for members by TSA

GLOBAL ORDER: Sarkozy takes case to Obama as food prices soar

Pressure on Portugal heightens

Greece borrowing rates hit new record

Stock market plunge sparks protests — in Bangladesh

County council to hold pricey retreat — while it faces $77 MILLION shortfall


The progressive “climate of hate:” An illustrated primer, 2000-2010

Instead Of Using This Period Of Economic Stability To Party We Should Be Using It To Prepare

14 Eye Opening Statistics Which Reveal Just How Dramatically The U.S. Economy Has Collapsed Since 2007


Richard Duncan: A Catastrophic Global Economic Breakdown May Be Unavoidable!

Economists foretell of U.S. decline, China’s ascension

Peter Schiff on Why the American Economy Is Broken – and What to Do About It

Confirmed: We are Literally on the Brink of Catastrophic Collapse

Not For Profit (The Mogambo Guru)

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