Financial News Update – 01/24/11

Idaho, 6 Other States, to “Nullify” ObamaCare (Hat Tip: Jean Stoner)

First U.S. State Bankruptcy: The Unpleasant Race to it (Hat Tip: Jean Stoner)

The real cost of Chinese NPLs (bailout of Chinese banks nearing its limit) (Hat Tip: Jean Stoner)

Chinese Pianist Plays Propaganda Tune at White House (Hat Tip: Jean Stoner)

The Food Irradiation Plot: Why the USDA Wants to Sterilize Fresh Produce and Turn Live Foods into Dead Foods (Hat Tip: Brian B.)

Is Obama Resurrecting Nazi Fascist Economics? (Hat Tip: Jean Stoner)

In Montana, a plan to empower local sheriffs

The “Independent” Fed Admits The Truth (Hat Tip: Jean Stoner)

Is It Strange That FEMA Wants to Buy 140 Million Packaged Meals with a Shelf Life Only 36 Months for a Specific Disaster Scenario? (Hat Tip: Jean Stoner)

California Declares Fiscal Emergency (Hat Tip: Jean Stoner)

Top USDA bee researcher also found Bayer pesticide harmful to honeybees (Hat Tip: Brian B.)

Call to ban pesticides linked to bee deaths worldwide (Hat Tip: Brian B.)

Show diplomats the door (Hat Tip: Jean Stoner)

The Shanghai Market Is Continuing Its Relentless Decline

GDP Is Rising, But There’s No Way We Can Sustain This Growth

Horrible News For Chocolate Lovers, As Cocoa Futures Are Ripping Higher Over Night

The 15 Costliest Financial And Political Risks That Could Wreck The Global Economy

The Ivory Coast’s New President Just Stopped Cocoa Exports For A Month

Faceoff! States tell feds to back down

Finally, It’s the Fed That Has Become Too Big to Fail

‘Super Stagflation’ End Game?

China Bank Moves to Buy U.S. Branches (Hat Tip: Jean Stoner)

FAA warns of ongoing GPS issues in southeastern US due to Defense Department ‘tests’ (Hat Tip: Brian B.)

Krauthammer Dismembers Obamacare’s Promised Deficit ‘Reduction’

Limbaugh: Obama ‘In Bed With’ General Electric

World Bank Chief: Stronger Yuan Isn’t a ‘Silver Bullet’ for US

Pro-Life Marchers Roundup – UPDATED

Wheat surges on higher exports, supply concerns (Hat Tip: Jean Stoner)

Government Spending vs Economic Growth

Micromanagement of Health Benefits Under Obamacare Begins Now

Obama needs to address our cyber-warfare gap with China

GOP to use State of the Union to press Obama on cuts

The World from The Hill: U.N. funding an early target for House Republicans

President Obama pressured to keep energy focus in SOTU address

Lack of business in the Gulf costing billions

Court: Emanuel’s Name Can’t be on Mayoral Ballot

The March for Life 2011: America’s REAL rally to restore hope and sanity

Frances Fox Piven’s Violent Agenda (Hat Tip: Jean Stoner)

N.Korea Holds Public Execution Over S.Korean Propaganda (Hat Tip: Jean Stoner)

Historic cold could hamper N. Korea food production (Hat Tip: Jean Stoner)

As If The Fed Planned To Do It All Wrong (Hat Tip: Brian B.)

RFI for Pre-Packaged Commercial Meals (Hat Tip: Brian B./Jean Stoner)

PM go and ‘let the Muslims take over’ (Hat Tip: Brian B.)

Chinese investors eye Toledo landmarks – Docks, Marina among sites mulled for purchase (Hat Tip: Jean Stoner)

`Socialized Medicine’ May Start With Judges: Michael Waldman

U.S. Treasury’s Report on Fannie, Freddie Reform Is Delayed

Bank Valuations Stuck at 2009 Lows Shows No Recovery

Paulson Made More Than $1 Billion on Citigroup Stake

BofA Putbacks May Cost $8.5 Billion as Lawyers `Smell Blood’

Worker Retaliation Suits Backed by U.S. Supreme Court

Canada’s `Petro-Currency’ Taking Shine to Metals: Chart of the Day

Missing Cuban Official Stirs Questions Over Defection, U.S. Food Aid Program

Thousands of Post Offices Facing Shutdown

Fla. Lawmaker’s Bill Tells Cuba: Kill the Drills

GM’s China sales pass US for first time in history

Iran announces launch of new cyber police units

NYDN: Tax collectors take aim at Alec Baldwin, other celebs

AMAZON targets grocery sector with free delivery

3 SEIU Locals Get HealthCare Waivers; SEIU Spent $28M on Obama Campaign

Antitrust bulldog pushes GOOGLE probe

China ‘on Collision Course’ with USA

Mortgage Giants Leave Legal Bills to the Taxpayers

Global Price Fears Mount

‘Jasmine’ revolt wave reaches Albania

Yemeni president tries to defuse calls for ouster

Broadband cable on its way to unplugged Cuba

Change! Only 28% of Americans (Far Left & Media) Believe Obama Has Same Priorities As They Do

House Republicans May Defund Corrupt UN Human Rights Council

Another Brilliant Move… Obama’s Latest Economic Advisor Has Seen Stock Drop 60% Since Taking Over GE

Chinese Web Users Praise Lang Lang For Playing Anti-American Commie Song at Obama White House State Dinner

The US was humiliated in eyes of Chinese by a song used to inspire anti-Americanism at the Obama State Dinner for Hu Jintao.

Movie clip from the well known anti-American movie “Battle of Triangle Hill,” same music played by Lang Lang in White House at the state dinner for Hu Jintao, Jan. 19, 2011

Young Marxists Launch Commie Bus Tour Across America

Obama Administration Creates Billion Dollar Government-Run Drug Company

Investigating Obamacare Waiver-mania

Obama to Push for Massive Spending Cuts in State of the Union Speech

Economy News Nightmare: 20 Things That You Should Not Read If You Do Not Want To Become Very Angry

Huge Numbers Of Dead Animals, Dead Birds And Dead Fish – What In The World Is Happening Out There?

Krugman: America Isn’t About Competition

Mozilla Leads the Way on Do Not Track (Hat Tip: Brian B.)

IMF Right In Your Face: Wants Global Currency (Hat Tip: Jean Stoner)

The Planet Illinois

‘More McCarthy Than Murrow’: Fireworks as TV Critic Blasts Olbermann on CNN

Tea Partiers Say Keep Defense in Mix for Budget Cuts

BUSTED: Texas Was The #1 Stimulus Moocher

The Irish Election Doomsday Option That Could Trigger A Constitutional Crisis

MAP OF THE DAY: This Will Be The Dominant Trade Route Of The Future

The Latest Goldman Scandal: Did A Goldman Sachs Guy Pay A Kickback So The Firm Could Underwrite Government Securities?

SurvivalBlog:

End of Euro? … Ireland Prints Own Notes

Fed Hides Major Accounting Change

The “Independent” Fed Admits The Truth

What Really Happened to 15 Million Jobs?

Which Of The Currencies Of The World Is Going To Crash First?

Bonuses for bankers, bankruptcy for public services

The Politics of Deflation

UN wants new global currency to replace dollar

GE Profits Send Dow Up for Eighth Straight Week

Higher Pump Prices Coming Your Way this Spring

Gold and Silver Default Scenarios

A Path is Sought for States to Escape their Debt Burdens



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