Financial News Update – 08/26/10

US Said Preparing New Laws To Seize Americans Retirement Accounts


Dow closes below 10,000

CA OKs 20% rate hike for Blue Cross; Blue Shield to jump as much as 29%

Why We Are Totally Finished (Hat Tip: Brian B.)

Optimists Cut U.S. Forecasts as Jobs, Spending Outlook Dims

Obama Administration Seeks to Tighten U.S. Trade Laws

Private Equity Funds Lose Commitments From Pensions

Broadband Trumps Farmer Payments as Obama Transforms Rural Aid

13 States That Just Got Slammed With Massive Layoffs

The Fed Is Officially Botching It

We’re In A Contained Depression That May Last As Long As A Decade

The Fed’s Biggest Bubble: US Treasuries

Hyperinflation is a Fiscal, Not Monetary Phenomenon

Irish Bank CDS Widen to Crisis Levels

July Durable Goods Orders Come In WAY Below Expectations

Forget Debt To GDP, It’s Debt To Revenue That Matters–And The U.S. Is The Worst

Intel CEO Blasts Obama Administration, Says Anti-Business Policies Are Killing The Country

Jobs Knowingly Killed And Destroyed (Hat Tip: Jean Stoner)

IRS Sued For Denying Tax Exempt Status to Group Because it Disagrees With Obama Policies On Israel (Hat Tip: Jean Stoner)

The Economic Insane Asylum (Hat Tip: Jean Stoner)

Wheat, Guns, and ObamaCare: How the Commerce Clause Made Congress All-Powerful

The End of Global Banking Misery?

Hyperinflation is a Fiscal, Not Monetary Phenomenon

BHP Sounds The Alarm On Global Growth And Commodity Prices

Are Bears Getting A Little Tired, Or Are Investors Betting On An Imminent Economic Hail Mary?

Is It Frightening That Spain Is Using Social Security To Fund Its Bond Sales?

American Sovereign Versus Corporate Owned Moo (Hat Tip: Brian B.)

Ahead of the Bell: Jobless claims

Stepped-up efforts by U.S., Mexico fail to stem flow of drug money south

We Killed The Goose That Laid The Golden Egg And Now The Number Of Americans Receiving Long-Term Unemployment Benefits Has Risen A Whopping 60 Percent In Just One Year (Hat Tip: Jean Stoner)

The Recession Is Over, Welcome To The Depression (Hat Tip: Jean Stoner)

The State Dept.’s Campaign Brochure (Hat Tip: Jean Stoner)

Morning Bell: Liberalism is Failing

Doctors Pushing Back on Obamacare Consolidation

The Stimulus Solar Boondoggle

The Report on Stimulus CBO Wishes Would Go Away

Newsmax Exclusive: Alaska’s Joe Miller Declares US Has ‘Gone Bankrupt’

Gloomy Economic Data Fuel Double-Dip Recession Fears

Roubini: Third-Quarter US Growth to Be ‘Well Below’ 1 Percent

We’ve Made a Deal: America Picks Door Number 2 (Hat Tip: Brian B.)

Plunge in Home Sales Stokes Economy Fears (Hat Tip: Brian B.)

Repent — The End Is Near (Hat Tip: Brian B.)

The Rise and Fall of the U.S.S.A.? (Hat Tip: Brian B.)

UAW Joins Push For ‘Green Jobs’

Cash For Clunkers Hurting Lower Class Car Buyers

Obama jobs death toll watch: More health care layoffs

BIDEN READY FOR MORE SPENDING: ‘This is a chance to do something big, man!’

WIRE: It’s starting to feel like another recession

One in 10 mortgage holders face foreclosure

S&P: USA Should Act to Protect AAA-Rating

Texas fights Obama’s ‘global-warming power grab’ (Hat Tip: Brian B.)

Co-chair of Obama debt panel: Social Security is ‘milk cow with 310 million t*ts!’

SECRETS: Fed Seeks Delay of Bank Data Release While Considering Appeal

FACEBOOK’s ‘value’ soars; Worth as much as $33.7B

Obama calls economic advisers from Vineyard vacation home Let them eat lobster…

Jobless Claims Drop for 1st Time in a Month


Economy Caught in Depression, Not Recession: Rosenberg

Morgan Stanley Says Government Defaults Inevitable

Foreclosure Study Shows Dramatic Value Drop

“Enron accounting” Has Bankrupted America; U.S. Deficit Really $202 Trillion Kotlikoff Says

Hussman Funds – Weekly Market Comment: Why Quantitative Easing is Likely to Trigger a Collapse of the U.S. Dollar

Low Pension Return May Soak New York Taxpayers

Two People Sign Up for Obamacare in New Jersey

Investors Have Withdrawn a Staggering $33.12 Billion from Mutual Funds in 2010

S&P Downgrades Irish Debt Rating

Low Prices and Rates Can’t Slow Fall in Home Sales

Ambrose Evans-Pritchard: Spain Uses Social Security to Prop Up Bond Market

Inflation Watch

What’s the Beef? Food-Inflation Fears

How Hyperinflation Will Happen

Mortgage Interest Rates May Hit 14 Percent Within Two Years

The Road to Stagflation


“The Power That’s Gonna Deal with America”

By: Trevor Loudon
New Zeal

Unfortunately the date and location of this audio is unknown. It was uploaded on December 6, 2009 and is allegedly a speech by Nation of Islam leader Louis Farrakhan.

It is an “Abu Bakr Siddiq Abdulmu Hammad” Production: “God is with us.”

Listen for the phrases:

“The cracker don’t have no authority over me.”

“Since I’ve been on this tour, I’ve been telling the people – that God wants to give you the promised land.”

“I can never forget Iran – Iran has beautiful Muslims. You don’t know how much our Muslim world is anxious to see the enemy handcuffed. …the enemy – the British and the Americans have created all of that havoc in the Islamic world. And imagine us rising up in America at a time when there’s no superpower to deal with us and God with us – is the power that’s gonna deal with America.”

Any independent verification of this tape would be much appreciated.