Financial News Update – 02/04/11

Obama issues global warming rules in January, gives GE an exemption in February (Hat Tip: Curtis Frantz)

‘TICKING TIME BOMB’ ID’d in Fort Hood Report

Central Banks Now Creating Hyperinflation?

Similar ‘Fiscal Malpractice’ Ballot Language Used by Schools Seeking Borrowed Dollars

Public-Sector Unions Fight to Keep Bloated Benefits

Gov. Chris Christie Lambastes ‘Obscene’ Police Union Contracts

Jim Rogers: Obama Is Ruining America (Hat Tip: Brian B.)

A letter from Egypt everyone should read

Two Big No-No’s for Gold Investors

Why You Should Be Buying Gold As the Fed Prints Money (Hat Tip: Brian B.)

Israel Prepares for Islamic Terror State Rising From Egypt’s Ashes

Egypt Girds for Showdown (Saudi Arabia, U.A.E., Israel want Mubarak to STAY)

Santelli Slams CNBC Panelists for Spinning Jobs Report

China Eyes U.S. Defense Contracts

Congress Prepares to Renew the USA Patriot Act, Corporate Media Silent

Ryan Plan Kicks Off Spending Battle

Virginia to seek expedited Supreme Court review of suit over health-care law

Obama Administration Blocking 103 Gulf Drilling Permits

If YOU Are Cold Tonight And Looking For Whom To Blame…Pull Out A Mirror And Stare Into It For A Bit!

Bernanke Warns of Catastrophe if Debt Limit Not Raised

WSJ: Copper, Gold May Jump 30 Percent on Inflation Fear

Pissed Off!: 67 Percent Of Americans Are Dissatisfied With The Size And Influence Of Major Corporations

It’s Official: TSA Granted ‘Fundamental Human Right’ to Unionize

Unemployment Drops On Non-Existent Job Growth

Surprise: GE Scores First Exemption From Obama Greenhouse Gas Regulations

Big Obama Donor Turned Ambassador Quits Amid Harsh Criticism

Greyhound Bus Hijacked in NC; Suspect Taken Into Custody

House Financial Services Committee Member Files for Bankruptcy

Verizon Gets iPhone, Starts Limiting Data Use

State Legislators’ Guide to Repealing ObamaCare

Iceland did not bail out the banks or the bank investors and its economy is thriving

CTIA Insists There Is No Spectrum Conspiracy

Graphic of the Day: The Scariest Jobs Chart Ever!… (Hat Tip: Larwyn)

January Unemployment Rate Falls to 9.0% – Only 36,000 Jobs Created …Update: Labor Force Participation at 26 Year Low (Hat Tip: Larwyn)

9.8% unemployment (Hat Tip: Larwyn)

With a straight face … (Hat Tip: Larwyn)

Waivers For Obama’s Buddies (Hat Tip: Larwyn)

McRINO: Obama Has Become a “Centrist,” Easier to Work With… (Hat Tip: Larwyn)

Get Internet Access When Your Government Shuts It Down (Hat Tip: Larwyn)

Ben ‘Rising Food Prices Aren’t My Fault’ Bernanke Needs to Live in the Now, Not 1930

Gerald Celente Says History Is Repeating: First Comes Depression, Then World War

Glenn Beck Tonight at 5:00 Shows How All Out War is Coming, and Quickly

A Must-Read Takedown Of Bernanke’s Cringeworthy National Press Club Speech

An Awesome Look At What Political Instability And Revolutions Mean For Stocks

Global Food Prices Just Hit Their Highest Level Ever

Everything You Need To Know About Algeria, Morocco, Egypt, Tunisia, Libya, Israel, Jordan And Syria In One Simple Chart

Here’s The Speech Ben Bernanke Is About To Deliver To The National Press Club

Goldman Sachs On Why The Housing Market Is Terrible And Homebuilders Are Doomed

Morning Bell: The Reagan Recovery vs The Obama Recovery

Democracy and Economic Freedom: An Unbeatable Combination for the Middle East

Property Rights: Key to Generating Wealth and Stability

Senate Judiciary Committee Hearing: Arguments for Individual Mandate’s Constitutionality Don’t Hold Up

If Debt Hits the Ceiling, Make Interest Top Priority

Anti-Energy Agenda Could Cause More Rolling Blackouts

Amnesty Doesn’t Make Fiscal Sense

CIFTA: Treaty Without a Purpose

Teacher Tenure Reform Catching On Across States

Mubarak Shuts Down Social Media: Big Mistake

If Forced To Leave, Mubarak Could Take Estimated Fortune Of $40-$70 Billion

Look! Ben Bernanke’s Keeping Asset Prices Higher Than They Otherwise Would Be!

The 10 Most Unemployed Countries In The World

UH-OH: Is The Great Macau Story Over?

Art Cashin On The Weird, Defensive Thing Bernanke Said About Food Inflaton

If You Thought China Was Causing Problems In The Rare Earths Market Now…

Code Pink: Obama, Hamas, Muslim Brotherhood Ally Raising (Tax Exempt) Money to Overthrow Egypt Gov’t

The Interior Department’s culture of contempt

Obama EPA to Shell: Screw you

White House academic with zero business experience explains “Startup America”


T&A Says Airport Security Officers Can Unionize

Big Obama donor quits envoy job amid criticism; spent $3,400 in one day on wine, liquor

Virginia wants fast Healthcare ruling by Supreme Court

GOOGLE Exec Who Went Missing In Egypt Now A Spokesman For Opposition Group

NM declares state of emergency over natural gas shortage

Rolling blackouts for hundreds of thousands in TX

Outage in AZ

SHELL oil postpones drilling in Arctic; Dem Sen. blames White House

Gov’t Debt Jumped $105.8 Billion in January

Dems warn of shutdown

Republicans Propose Spending Cuts

GALLUP: Unemployment actually at 9.9% – ‘Under-employment’ at 19.2%

Labor Force Participation Plunges To Fresh 26 Year Low

NEXT: Pakistan to dissolve, resize Cabinet

Soros: ‘The main stumbling block is Israel’

Obama to Mubarak: The Time Is ‘Now’

Debate on Deficit Solution Bitterly Divides Congress

Widespread Blackouts Cut Power to Millions in Brazil

U.S. Treasury Declines to Name China Currency Manipulator

Unemployment Drop May Not Deter Fed From Carrying Out Stimulus


More Investors Position for Possibility of U.S. Default

Food and Failed Arab States

How Much is a Nickel Worth? More than Five Cents, Says Michael Lewis.

Ron Paul to Ask Fed Why After Trillions in Free Money, Unemployment is Still Sky High

Bernanke Speech Helps Push Stocks Higher

Shoppers Shook Off the Snow in January, Stores Say

January Jobs Report Forecast to Show Modest Gains

Episodes of Hyperinflation

Sugar soars to 30-year high on Cyclone Yasi.

U.S. factories boom in January as inflation signs rise.

Kodiak Steel Homes notes that their wholesale steel suppliers have been given notice of a 14% price increase effective March 1st 2011, an that there will probably be another 10% to 15% increase in early April.

Food costs at record high as U.N. warns of volatile era. Food price spikes will spark huge riots and probably some more toppling governments.

Jimmy Rogers: Commodities to Surge as Unrest Spreads.

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