Financial and World News Update – 02/17/11

New Gov. takes on State Employees Unions

Madison schools, others closed amid call for demonstrations

1,100 teachers call in ‘sick’

Obama: ‘Assault’

Rep.: ‘Like Cairo Moved To Madison’

PAPER: ‘Unions want to overturn election result’


Iran denies cancellation – warships to cross Suez Canal

Bahrain crushes protest camp, locks down capital

ABCNEWS Correspondent Beaten

Palestinian youth demand unity

Teen Finds Looted Pharaoh Statue In Trash

REPORT: Deposed Tunisian president in coma

Huge solar flare jams radio, satellite signals

Inflation Continues to Creep Higher; Jobless Claims Up

Ratings Downgrades Loom for Cash-Strapped States

PUMP SLUMP: Fed Officials Divided on Stimulus, Disappointed on Job Growth

Chris Rock: Tea Party is full of racists

Social Security/Medicare/Medicaid: 57% of Budget, 0% Cuts

Pakistani court delays case of detained American


Bubble trouble worries over sky-high internet values

Baghdad wants USA to pay $1 billion for damage to city

KNIGHTS OF THE ROUND CIRCLE: Eric Schmidt, Mark Zuckerberg, Immelt to Meet With Obama Thursday

Beck: Three Reasons to Be Wary of GOOGLE, Part 1

Texas scrutinizes GOOGLE search tactics

Lawmakers urge FCC to investigate WiFi Spying

Russian police raid office of richest woman

Hillary Clinton donors indicted

Don’t Look Now, But Markets Are Making An Ominous “Three Peaks And A Domed House” Formation

A Complete List Of The 200 Borders Franchises That Are Closing Down

12 Things You Don’t Know About Tim “Better Than Rubin” Geithner

There Are Reports Of Iranian Warships In The Suez Canal, And Oil Just Spiked

Here’s The REAL Reason CFO Howard Atkins Abruptly Left Wells Fargo

Morgan Stanley: Phosphate And Potassium Supply Threats Are Greater Than Investors Realize

Pakistan’s Mubarak Moment

What Myanmar says about Iran *UPDATED*

Mrs. Reagan deeply moved by your sentiments

Congress can stop Obama’s out-of-control regulators

Do not dismiss his words.

“He just screwed you over” – Andrew Sullivan

Obamacare’s Penalty for Not Buying Insurance Isn’t Penalty ‘Because Penalty is Punishment,’ Says Rep. Sheila Jackson-Lee (Hat Tip: Brian B.)

Democrats: Emboldening America’s Enemies & Terrifying Her Allies Since 1976

U.S. Loans in Foreclosure Tie Record; Lenders Delay Seizures

Consumer Comfort in U.S. Holds Near Two-Month Low

U.S. Initial Jobless Claims Rose 25,000 to 410,000 Last Week

Cotton Tops $2 for First Time in New York

Cameron Plans to Purge Welfare Incentives Not to Work

Consumer Prices in U.S. Climb More Than Forecast

`Euphoric’ Indicator Shows S&P 500 Poised to Fall: Chart of the Day

Forget Ahmadinejad, Protesters Target Ayatollah

Arizona Sheriff Plans 19th Immigration Sweep

111 Charged in Medicare Scams Worth $225M

Consumer Prices Up Due to Food, Gas

Mystery Planet: Is a Rogue Giant Orbiting Our Sun?

Try Imagining THIS Chart If There Weren’t Chaos Across The Middle East

Egypt Is Considering Just Completely Canceling Its Stock Market Crash

10 Charts That Embody Everything That’s Wrong With The U.S. Economy

Inflation Is Driving Carrefour Franchises Out Of Business In China

The Fed Minutes Are Out, And GDP Outlook Is Revised Higher

Bankruptcy of Borders Darkens ‘Recovery’ Story

Secret Report Ordered by Obama Identified Potential Uprisings

Wisconsin Senate to Vote on Anti-Union Bill (Hat Tip: Brian B.)

Lawrence O’Donnell lashes out at GOP congressman, declaring him a ‘tax criminal’ on air (Hat Tip: Brian B.)

Obama Defends Union Thugs From Republican Governor’s “Assault” (Video)

Egyptian Youth Group Demands That Government Halt Gas Shipments to Israel

Figures. Corrupt Media Blames Rampant Sexual Abuse in Mideast on “Boredom & Unemployment”

UN-Believable… Obama Administration to Rebuke Israel at UN (Again)

A New Low?… Democrats Are Now Holding Pressers With Life-Sized Puppets

GOP Moves to Cut Funding for Liberal Outfits NPR, PBS & the National Labor Relations Board

Escaped Prisoner & Egyptian Hezbollah Chief Appears at Beirut Rally

Deficit Plan Details Emerge

How to Improve Financial Management at the Department of Defense

How President Obama’s EU Policy Undercuts U.S. Interests

Council: Chinese Investors to Buy More Gold This Year

Morning Bell: Is This Program Worth Bankrupting My Child?

Can Conservatism Hold Together?

Lead Lawyer Challenging Obamacare Under Cyber Attack

ICE Agent Zapata’s Murder Deepens U.S. Involvement in Mexico’s Drug War

Federal Government Could Reduce Debt by $1.5 Trillion with a Sale of Unneeded Assets

Cutting LIHEAP Doesn’t Mean Poor Will Freeze

Watch Wisconsin, Part III: A state government employee speaks; Madison schools, plus 7 other districts shut down a second day; Michael Moore says Wisconsin is the “new Cairo;” Dems boycott legis. debate

Cartoon Aardvarks Lobby for PBS/NPR Funding, and So Does That ‘Arthur’ Character

Watch Wisconsin, Part II: Union thugs scream at “Hosni Walker/”Mubarak of the Midwest;” striking teachers tote students to protest

Florida Gov Rejects High Speed Rail Funds; ‘Too Costly to Taxpayers’

Watch Wisconsin: SEIU, teachers’ unions attempt state hijacking over cuts

Shortages! Is The World Really Running Out Of Food, Water And Oil?

Foreign hackers attack Canadian government

Quick Facts: FEMA, secret US government (Hat Tip: Brian B.)

‘Saudi Arabia sending troops to Bahrain’ (Hat Tip: Brian B.)

Bloomberg’s Incredible Column

Let the RIAA Enforce Copyright With Its Own Funds

Silver and Opium

Russia angered by speech of suspected militant in top U.S. university

Rep. Ryan To Geithner: “How Can You Say You’re Not Adding To The Debt?”

‘Prepare to Invade Israel,’ Hezbollah Leader Tells Followers (Hat Tip: Brian B.)

Enforcement Action Coming Against Loan Servicers

Nokia Simplifies the Mobile Landscape ( A view from a Developer)

The certification bonanza – Industry uses the state’s police powers to limit competition

Banks Broke Laws? Ok, Where….

Arizona Sheriff Scoffs at Suggestion to Tone Down Rhetoric (Hat Tip: Brian B.)

Senate Dems Flee Wis. Capitol to Skip Budget Vote — Police Called in to Search

As Paul Ryan Explains Wisconsin’s Money Problem, Mika Just Wants to Know Where He’s Sleeping

MSNBC Host Labels Congressman a ‘Tax Criminal’ for Sleeping in Office


The Worst Hyperinflation Situations of All Time.

World Bank: Food prices at “dangerous levels” World Bank report says food prices are at “dangerous levels” after rising 29 percent in a year

Collective financial insanity – FDIC backing $5.4 trillion in total deposits on pure faith – US banking operating with negative deposit insurance fund and massive debt leverage. The greatest Ponzi scheme known in the financial world.

Ivory Coast rush to withdraw bank cash.

US Plans to Wind Down Fannie and Freddie

Regulators Shut Down Banks in Florida, Michigan, Wisconsin and California.

Engineered Economic Collapse Approaching; Budget Cuts Will Only Accelerate the Inevitable

Losing Faith in Paper Money (The Mogambo Guru)

Long-Term Gold Target $2,000 or Higher

Hunting down the hoarders to rein in prices, the Chinese government turns to unconventional measures.

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