Financial News Update – 1/18/11

RISE OF RED DRAGON: CHINA SHAPES WORLD

Obama Gives Communist Leader Lavish State Dinner

China lending hits new heights; Funding to poor states tops World Bank

Missiles off target in major Taiwan drill

Tunisia’s lessons for Washington

Will This Be The USA in 2012?

Beware: The Dow 30’s Performance is Being Manipulated!

Goldrunner: Has Gold Topped Out? Nope, You Ain’t Seen Nothing, Yet!

JP Morgan Chase Admits it Overcharged Families of Troops Fighting in Afghanistan For Their Mortgages, Foreclosed on Homes… (Hat Tip: Nancy Jacques)

End of Euro? … Ireland Prints Own Notes

Western Elites Secretly Still Building Islam?

Stupid Wager or Clever Prestidigitation?

Austerity In America: 22 Signs That It Is Already Here And That It Is Going To Be Very Painful

Food Riots 2011

Obama acknowledges decline of US dominance (Hat Tip: Jean Stoner)

The Fraud at the Heart of Social Security (Hat Tip: Jean Stoner)

Mugged by Medicare: Feds to withhold Social Security benefits if you don’t sign up (Hat Tip: Jean Stoner)

Bill Gates wants to register all new babies on the planet for vaccines (Hat Tip: Jean Stoner)

Homeland Security Illegally Seizing Citizens Electronic Products Upon Re-entry To Country (Hat Tip: Jean Stoner)

DAY 729: Obama orders review of regulations that hurt job growth

States Warned of $2.5 Trillion Pensions Shortfall

Ahmadinejad, Medvedev agree to boost ties

Moscow reaffirms Soviet recognition of Palestine

Iran bans production of Valentine’s Day gifts

UPDATE: Deep Police Layoffs Take Effect In Nation’s ‘2nd Most Dangerous City’

‘Explosive’ Food Prices the Biggest Risk

…’one poor harvest’ from chaos

Record Food Prices Causing Africa Riots

City of Berkeley is considering covering sex change operations

Oil prices climb amid warning on $100 price

For Chinese Leader’s Visit, U.S. to Take a Bolder Tack (You mean Obama will aggressively bow and kneel more?)

House Set to Launch Health Law Challenge

Obama Launches Rule Review, Pledging to Spur Jobs, Growth

BP’s Russian Stake May Avoid U.S. Review Demanded by Lawmakers, Group Says

China bill puts heat on Obama (Hat Tip: Jean Stoner)

China’s President Resists U.S. Pressure on Yuan (Hat Tip: Jean Stoner)

Debt Fight Heats Up; China Zaps Obama on Dollar (Hat Tip: Jean Stoner)

No hunger at the Fed (Hat Tip: Jean Stoner)

FCC Approves NBC Take Over by Comcast

Federal Debt Jumped $463.6 Billion In First Quarter of FY 2011–As Government Borrowed an Additional $1,500 Per Person in U.S. (Hat Tip: Brian B.)

What’s at Stake in US-China Summit? Pretty Much Everything (Hat Tip: Brian B.)

Over 1 million Americans seen losing homes in 2011 (Hat Tip: Nancy Jacques)

Egyptian CDS Are Exploding Higher Thanks To Fears Of Revolution

The 19 Countries Most Likely To Default

Don’t Look Now, But The World Is Decoupling In A Surprising Way

Charles Schumer Vows To Start A Trade War On Eve Of Hu Jintao’s Big Visit To America

The Dollar Is Getting Whacked, As Gold And The Euro Spike

12 Petro States That Will Boom When Oil Hits $100

German Coalition Members Against Bailout Expansion, But Eurozone Bond Coming Anyway

China’s President: Dump Dollar for Yuan as Global Currency

Priorities of the People: Repealing ObamaCare Critical to Creating Jobs, Growing Economy (Hat Tip: Jean Stoner)

China, US sign US$600m business deals in Texas (Hu Jintao to get 21-gun salute?) (Hat Tip: Jean Stoner)

David Cameron accused of destroying NHS with privatisation plans (UK’s Commiecare™) (Hat Tip: Jean Stoner)

NAACP Offends Patriots So As Not To Offend Their Own Constituency

Obimbo Regime Cutting Back On Benefits For Retired Military

Morning Bell: Dragon Week

China’s Nuclear Capabilities

Obama on Overregulation: Less than Meets the Eye

Obama’s Ill-Timed, Confusing Concessions Leave Cuba Unimpressed

Tunisia’s Jasmine Revolution: A Harbinger of Future Uprisings?

Orbiting Dragons

How to Repeal Obamacare in the Senate

American Conservative Union’s Suhail Khan & the al Qaeda Financier

Portuguese Bailout Will Make Euro Crisis Worse: Matthew Lynn

Hu Gets Full State Honors as Visit Displays Obama’s Dueling Views of China

Senate Budget Chairman Conrad Won’t Seek Re-Election

Insurers Dismiss Administration Claims on Pre-Existing Conditions Barrier

Maos for Benjis: China’s Money Is Here

Obama to Honor Hu With State Dinner

Tunisia Upheaval Sparks Anxiety in Arab World

The mother of all job creation-stifling regulations

Obama Pens Op-Ed Promising to Remove ‘Dumb’ & ‘Outdated Regulations’

Detroit May Close Half of Its Schools to Pay for Union Benefits

Scientists Predict Biblical ‘ARkStorm’ in California’s Future

SurvivalBlog:

The Black Swan Events of 2011?

Record $14 trillion-plus debt weighs on Congress.

Honest Answer to Government Woes is Bankruptcy

Wait for complete package on debt crisis: Merkel

Weak Dollars and Strong Commodities?

Homelessness Increases As Help Decreases

10 Things That Would Be Different If The Federal Reserve Had Never Been Created

Chinese President Hu Disses the Dollar; Says U.S. System is a ‘Product of the Past’

China’s control of rare-earth metals poses risk to U.S. solar future.

Next shock will be high food prices



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