Financial News Update – 01/27/11

Trading halted on Egyptian stock exchange after market plunges 6.25% — in 15 minutes

Swiss police: Blast at Davos hotel, no injuries

Sarkozy: IMF should supervise global ‘imbalances’

APPLE Stores in China Outsell Fifth Avenue

White House to Push Gun Control

Pelosi Logged 43 Flights, 90,155 Miles with Air Force Plane

Chávez tackles housing crisis by urging poor to squat wealthy parts of Caracas

Chinese Firms Set Sights on U.S. Investments

Jobless Claims… Rise

Foreclosure activity up across metro areas

Social Security now seen to run permanent deficits

Gov. Chris Christie Tells Upset NJ Police Officer He’s Sorry He’s the Guy in Office “When the Party’s Over” – Video 1/27/11 (Hat Tip: Brian B.)

$45 Billion in red for ’11

10 states now developing eligibility-proof demands

University Gets Grant From DoD To Grow ‘Bomb-Detecting Vegetation’

HUD-funded housing projects wasted money on belly dancers, sex offenders, dead residents

Congress to Probe Obamacare Waivers

Waiver list tops 700

Party-line vote in Idaho for ‘nullification’ bill

Marco Rubio announces he’s co-sponsoring DeMint’s Obamacare repeal bill (Hat Tip: Brian B.)

CBO: Social Security Now Officially Broke (Obamanomics) (Hat Tip: Jean Stoner)

Davos: Soros Speaks (World Economic Forum) (Hat Tip: Jean Stoner)

Virginia House Rejects Federal Commerce Power, 65-33 (Hat Tip: Jean Stoner)

Protesters Just Torched A Government Building In Egypt

Richard Russell: The Dollar Has Lost All Stability And Is Ready For A Crash

10 Threats To Global Economic Stability That Should Be On Your Radar Right Now

The Crash In Egypt Is Accelerating Trading was halted earlier today on the Egyptian stock market.

FOMC Announcement: No Change, QE Shall Go On

Finance Board Seizes Nassau County

A Trader Was Just Shot Dead By A Man Whose Commodities He Traded

Here’s That Marc Faber Video Where He Compares Obama To A Prostitute That Everyone Is Talking About

After 19 Months And 700 Witnesses, The FCIC Totally Missed The Point On What Caused The Crisis

CBO Director: Trillion-Dollar Deficits Risk ‘Fiscal Crisis’ in U.S.

Mystery on the Border as ‘Bomber’ Book Found

In 20 Years, 1-in-4 Will be Muslim, Study Shows

IAEA Warns: Nukes May Fall Into Wrong Hands

China to invest $121.5 bln on building 10 more mega nuclear reactors (Hat Tip: Jean Stoner)

Hope, Change, and ‘Invest’ – Ann Coulter

Financial Crisis Inquiry Commission Slams Greenspan, Bernanke, Geithner, Paulson, Summers, SEC, Rating Agencies and Big Banks for Causing Crisis (Hat Tip: Brian B.)

HHS grants 500 new healthcare waivers (Hat Tip: Brian B.)

Egypt Is Crashing For The Second Day In A Row, And Now The Market Is Halted

The Egyptian Market Reopens, And Now Stocks Are off 7.77%

The Crash In Egypt Is Accelerating

Amazingly, The Majority Of Investors Still Think Washington Will Save A State From Default

US Futures Slipping, And PIIGS Debt Widening After The Japan Downgrade

Japan’s Credit Rating Cut to AA- by S&P on Debt Load

Bernanke Says Fed Failed to See Broader Risks From Housing

FCIC’s Angelides Says Financial System `Still At Risk’

Davos: Leaders Float ‘New Reality’ Meme – Will It Work?

Too Tough to Cut?

Watchdog: Social Security Faces $45 Billion in Debt This Year, Will be Drained by 2037

Soros: Higher Commodity Prices Likely for ‘a Couple of Years’

AFL-CIO’s Richard Trumka from Davos!

Thousands rally against Yemen government (Hat Tip: Nancy Jacques)

Crazy… Michelle Obama Wants Companies to Let Employees Mentor Kids As Part of Work Week

It Was Historic: Obama Cheers Maoist Song at WH State Dinner & Praises Commie China In SOTU… All in One Week

In 2006 Dems Cheered When They Blocked Social Security Reform – Now It’s Running in the Red

Scandal: Obamacare Waivers Jump From 229 to 729 Covering 2.2 Million Employees

Unreal!… Obama Uses Another Bogus Case Study to Defend Obamacare at SOTU

Sen. DeMint Introduces Obamacare Repeal Legislation In the Senate

More Smart Power… Hillary Clinton Defends Mubarak Regime On Same Day They Slaughter Protesters in the Street

Deficit Outlook Darkens

America’s fall in Heritage freedom ranking a ‘wake-up call,’ says Cantor

G.O.P. Splits Over Plans to Cut Defense Budget

Russia Approves Arms Treaty

The Obama Presidency remains in a dangerous state of denial

Goldman president warns on bank rules

Bill Aimed at Protecting S.C. From Foreign Law Introduced in Legislature (Hat Tip: Brian B.)

Dem Congresswoman: My Constituency Is “Ill Informed” (Hat Tip: Brian B.)

Govt: New rules would cut thousands of coal jobs (Hat Tip: Jean Stoner)

Texas defies EPA, approves coal-fired plant permit (Hat Tip: Jean Stoner)

The real snow job in D.C.: Obamacare waivers skyrocket to 729 + 4 states; 4 new SEIU waiver winners

Ohio state snooper who targeted Joe the Plumber gets new government job

It Was Good Ta Be Da Queen: Nancy Pelosi’s ‘Air Force Fun’ Update

Obama jobs death toll: Coal, oil, gas workers on the chopping block; Update: Abbott Labs slashes 1,900

Beltway Prom Night hangover: AFL-CIO and Chamber of Commerce now dating

Iranian Book Celebrating Suicide Bombers Found in Arizona Desert (Hat Tip: Brian B.)

Morning Bell: Conservatives Must Lead Where Obama Has Failed

First They Came for the Lasers…

Obamacare Forces More Layoffs at Daley’s Old Firm

Grain, Soybeans Rise as Food Riots Spur Demand for U.S. Exports (Hat Tip: Brian B.)

Shut Down The Federal Reserve, Break Up The Big Banks And 16 Other Ideas Barack Obama Could Have Proposed If He Actually Wanted To Fix The Economy

SF Lawmaker Refuses to Recite Pledge of Allegiance

Soros Warns Euro Crisis May Divide Continent

California Town Stops Accepting Cash!

Survey: France More Anti-Capitalist Than Communist China?

Turn off the Lights: Federal Government Utility Bills Cost Taxpayers Millions


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

Gold Holdings in ETPs Plunge Amid Signs of Recovery

Nevada Unemployment: The Worst Gets Worse

Second Wave of Housing Bust Hammers More Cities

Consumer Confidence Index Hits Eight-Month High

US Economy Contracting, Pound Plunges

World’s Economy Recovery Continues, Says Think Tank

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