01/19/11

Financial News Update – 01/19/11

The #1 Geopolitical Event Of The Year Is Something Nobody Saw Coming

22 Painful Signs That Austerity Has Arrived In America

The Entire European Sovereign Debt Crisis In One Simple Flowchart

ECB Allows Ireland To Counterfeit 51 Billion Euros

Is It Finally Over For Venezuela And The Chavez Regime?

Only Supreme Court Intervention Can Keep This California Ski Town From Bankruptcy

Two Big Bubbles Are Continuing To Blow Up Today

Tunisian President’s Wife Leila Trabelsi Fled Country With 1.5 Tons Of Gold

IT’S OFFICIAL: College Students Learn Next To Nothing

Appeasing China: I Would Rather Have Reagan With Alzheimer’s Than Obama With All His Mental Faculties (Hat Tip: Brian B.)

Toward a 21st-Century Regulatory System (Hat Tip: Brian B.)

Sheila Jackson Lee Says Repealing ObamaCare Violates Constitution (Hat Tip: Brian B.)

Eric Cantor dares Harry Reid to hold repeal vote (Hat Tip: Brian B.)

Bill Clinton: Rahm Emanuel Will Be “Fearlessly Honest” (Hat Tip: Brian B.)

Muni Bond Crisis Can Only Deepen

Market Timer Who Advises Steve Cohen Sees Stocks Tanking In Just One Or Two Weeks

Albert Edwards Explains Why The U.S. Is Actually In Worse Demographic Shape Than Japan

You Won’t Believe It, But Zimbabwe Now Has Lower Inflation Than The UK, India, And China

From School Lunches, to School Breakfasts, to ‘Child Dinners’ with taxpayers grabbing the check (Hat Tip: Jean Stoner)

School Salary Database Reveals What Ohio Educators Earned In 2010 (1,800 over $100K) (Hat Tip: Jean Stoner)

N. Korea offers to send 2,000 female workers to China: sources (Hat Tip: Jean Stoner)

China Moves Troops Into North Korea (Hat Tip: Jean Stoner)

Chinese fighter jet rewrites power in region, says critic (Hat Tip: Jean Stoner)

China tries to steal a march (Hat Tip: Jean Stoner)

Report: China largely restores aircraft carrier (Hat Tip: Jean Stoner)

China got stealth tech from Russia: US lawmaker (Hat Tip: Jean Stoner)

The Russians Provided China with Stealth Technology Employed in the J-20 Fighter (Hat Tip: Jean Stoner)

Comcast Wins Regulatory Approval for NBC Deal

Obama warns against health care repeal

Rob Bluey: Off-shore drilling bans, delays cost government revenue

BP Angers America with Russian Deal (Hat Tip: Brian B.)

American Express to cut 550 jobs in consolidation (Hat Tip: Jean Stoner)

Housing starts lowest since late 2009 (“disappointing”) (Hat Tip: Jean Stoner)

Obama: We welcome China’s rise to power (Obama wimps out then sells out) (Hat Tip: Jean Stoner)

Harry Reid calls Chinese leader Hu Jintao a ‘dictator’ (Hat Tip: Jean Stoner)

Chinese president calls for ‘mutual respect’ (Obama to sell US for 40 pcs silver) (Hat Tip: Jean Stoner)

UAW’s King Announces 2011 Goals: Target Foreign-Owned Auto Plants (Hat Tip: Nancy Jacques)

State Dept to Keep ‘Mother,’ ‘Father’ Categories on Birth Abroad Records and Add ‘Gender Neutral’ ‘Parent’ Option (Hat Tip: Nancy Jacques)

The Eight States Running Out Of Homebuyers (Hat Tip: Nancy Jacques)

U.S. Supreme Court will decide on Medi-Cal rate cuts (Hat Tip: Jean Stoner)

In First Hearing, Will Issa Investigate Countrywide’s Loans to Democrats? (Kent Conrad is afraid) (Hat Tip: Jean Stoner)

Pelosi: Without Health Care Reform, Dems Would Have Lost More Seats (Hat Tip: Brian B.)

China Is Net Seller Of Treasurys In November (Hat Tip: Jean Stoner)

The west needs to stand up to Beijing (Hat Tip: Jean Stoner)

Ally Financial to withdraw Maryland foreclosures signed by Jeffrey Stephan (Hat Tip: Jean Stoner)

Why a New York Judge Is Throwing Out Foreclosure Cases (Hat Tip: Jean Stoner)

Inflation Ahead: Watch Your Wallet, Your Investments (Hat Tip: Jean Stoner)

Morning Bell: A False Truce in Obama’s War on Business

Countdown to Repeal: Economy Will Suffer If Obamacare Stands

The Assault on Drilling Is Onshore, Too

HHS Report on Obamacare’s Preexisting Conditions Impact: Say What???

Republicans Begin Push to Repeal ‘ObamaCare’

Chinese Leader’s Visit Stirs Memories

GOP Blasts Hypocritical Union Waivers in Obamacare

FT: US Public Pensions Face $2.5 Trillion Shortfall

NGOs Call on FBI to Investigate Funding of Candidates and Media that Engage in Violent (Hat Tip: Jean Stoner)

US WHEAT REVIEW: Soars On Firm Global Demand, Poor Weather (Hat Tip: Brian B.)

26 States Join Suit Against Obama Health Law (Hat Tip: Brian B.)

Lockheed Gets Big Bucks to Prep Soldiers for Urban War (Hat Tip: Brian B.)

Samsung Granted RoboCop Patent (Hat Tip: Brian B.)

House Republicans Move to Dismantle Health-Care Law

Euro’s Spanish Battle Needs Some Shock and Awe: Eric Chaney

Obama Says Business Ties Are Crucial to Improving U.S.-China Relationship

Wells Fargo Refuses to Settle Fannie, Freddie Refund Demands

Goldman Cuts Worker Compensation Pool to $430,700 Each

Chiesi Is Guilty of Insider Trading in Galleon Case

Issa to Hold First Hearing on TARP; Geithner Invited

Congressional Leaders to Skip State Dinner With Chinese Leader

Goldman Sachs’s Earnings Drop 52%, Matching Estimates

Anti-Gov’t Protesters Rally in Tunisian Capital

RISING DRAGON: China on equal footing with USA as Hu visits Washington

China ‘logs double-digit growth in 2010’

MSFT, GOLDMAN SACHS CEOs Meet Obama, Hu at White House

GE to sign slew of deals

‘Experience China’ takes over NYC’s Times Square

PEW: 65% see as ‘adversary’ or ‘serious problem’

What is Plan B if China dumps its U.S. debt?

Hu doesn’t answer U.S. question on human rights; blames translation issues

HU TO U.S.: BACK OFF

Home building stuck near 50 year lows

Obamas rake in gifts from overseas

Soros tells Europe to bolster banks

$76 for tampons?! Shortage starts wild bidding war on EBAY

Dem lawmakers look to stop climate change probe into ‘manipulated’ temperature data

SCIENTISTS: Climate change study had ‘significant errors’

Hungarian PM warns EU to back off, stop meddling

Gordon Brown warns against global youth unemployment epidemic

Arab League chief says Tunisia is dire warning

Union Workers Overwhelm Security & Storm Bankers Meeting

200 Top Economists Urge Congress to Repeal Job Killing Destroying Obamacare Bill

Dem Star Sheila Jackson Lee: Repealing Obamacare Is “Unconstitutional”

The More Americans That Go On Food Stamps The More Money JP Morgan Makes

Obama‘s ’Equity, Human Dignity, Fairness, and Distributive Impacts’ Exec. Order

Survival Blog:

New Debt Crisis Striking RIGHT NOW!

Why supermarket stocks are getting squeezed

MERS Minus A Few Bricks….

10 American Companies That Will Disappear in 2011

The Truth About Money, Silver & Gold

Will This Be The USA In 2012?

Doom & Gloom: Food Riots

2011 Will Top 2010 Record of One Million Foreclosures

States Eye “Sin” Taxation as Salvation for Budgets

01/19/11

Watcher’s Council Nominations – Brothers And Fools Edition

From: The Watcher’s Council

Welcome to the Watcher’s Council, a blogging group consisting of some of the most incisive blogs in the ‘sphere, and the longest running group of its kind in existence. Every week, the members nominate two posts each, one written by themselves and one written by someone from outside the group for consideration by the whole Council.Then we vote on the best two posts, with the results appearing on Friday.

Council News:

This week The Grouch took advantage of my generous offer of link whorage and earned honorable mention status.

You can, too. Want to see your work appear on the Watcher’s Council homepage in our weekly contest listing? Didn’t get nominated by a Council member? No worries.

Simply e-mail me a link at [email protected] with the subject heading ‘Honorable mention’ no later than Monday 6PM PST to be considered for our honorable mention category, and return the favor by creating a post on your site linking to the Watcher’s Council contest for the week.

It’s a great way of exposing your best work to Watcher’s Council readers and Council members. And how good is that, eh?

So, let’s see what we have this week….

Council Submissions

Honorable Mentions

Non-Council Submissions

Enjoy!