Financial News Update – 11/6/10

Shut Up And Put Your Money Where Your Mouth Is… That’s What You Get For Waking Up In Vegas!

Here Are The 10 Worst States For Businesses In America

Ben Bernanke Acknowledges Massive Commodity Inflation That Will Crush Corporate Margins

Morgan Stanley Tells Employees: Be Very Afraid Of What The Democrats Do During The Lame-Duck Session

CHART OF THE DAY: (Still) The Scariest Jobs Chart Ever

The 9 Reasons Why Quantitative Easing Is Bad For The U.S. Economy

Bill Fleckenstein: The Fed Is Acting Like A Politburo And The FOMC Members Are Idiots

Credit Suisse: Here’s How You’ll Know Bernanke’s QE2 Has Failed

CURRENCY WARS, Debase, Debt Default and Deny! (Hat Tip: Brian B.)

Heh, Look – It’s Lootie The Bankster! (Hat Tip: Jean Stoner)

Indebted states stay blue. Do they hope to be bailed out? (Hat Tip: Jean Stoner)

Along With NPR, Soros Groups Get Millions in Taxpayer Funds (Hat Tip: Jean Stoner)

Euro Zone Will Join Fed In QE (Hat Tip: Jean Stoner)

How Ben Bernanke Sentenced The Poorest 20% Of The Population To A Cold, Hungry Winter (Hat Tip: Jean Stoner)

Two million people to lose jobless benefits in December (Hat Tip: Jean Stoner)

Communist Chinese President knocks Obama from top of Forbes most powerful list (Hat Tip: Jean Stoner)

China tees up showdown with USA

Powder keg

Bernanke Defends Pumping

Treasury Yields Tumble to Records

Republicans to Use Debt Cap to Push Cuts

Boehner: First cut should be lawmakers’ salaries

Obama calls for compromise, won’t budge on tax cuts

One Piece Of Moderately Good Economic News And 14 Pieces Of Bad Economic News That Are So Horrifying You Might Not Want To Read Them Standing Up

Which Billionaire Says Obama Is Most ‘Arrogant’ Man He Ever Met?


Friday’s closing prices for spot gold and spot silver might seem astounding, but just wait a few months. You will probably wish that you had bought more silver at today’s prices.

Bernanke’s Folly: The End Game

K.T. liked this piece by Bix Weir at The Road to Roota Letters: A Final Checklist for Everyone. The article opens with this sobering words: “My Road to Roota analysis shows that we literally days away from the breakdown of the entire fiat monetary system and I thought it a great time to go over final preparations for the coming chaos. In the grand scheme of things you can never be fully prepared for what is about to transpire because nobody on earth has been through it before…not to this scale. I guess the closest thing we can compare it to is the experience of the Germans in the early 1920s with the Weimar Republic.”

Expert: Home Prices Could Fall Another 20% Due to Excess Inventory

Fed’s Bernanke `Doesn’t Understand’ Economics, Jim Rogers Says

Warning of Possible Bank Holiday

Retailers’ Modest October May Spur Holiday Deals

Applications for Jobless Aid Rise Sharply


Quantitative Easing 2: US economy continues to sink

Hat Tip: Jean Stoner

liarpoliticians | November 04, 2010

The broke United States are pretending that printing more money will recover their economy – it won’t. The money meant and banks will make the money, and the little people paying the taxes will be hung out to dry. The US economy is sinking to oblivion.

Congratulations to idiots like Gordon Brown and President Obama, who actually believe in their idol Keynes in how to ruin an economy.

What the money markets have done is give a loaded gun to sucker politicians, and said if you don’t give us money, we’ll pull the trigger and collapse the economy. The politicians give these crooks more money, and the economy continues to sink anyway. The politicians are in on the scam.

If people like Brown and Obama wonder why people do not support them, look at what the politicians have DELIBERATELY done to their economies.

Recorded from Newsnight, 03 November 2010.


From: RightPundits – Glenn Beck – 15 Days of Economic Collapse



Question(s) of the Day – 11/6/10

Okay, I cannot take it any more! So many things just don’t make sense out there, that I am starting a new daily entry here on NoisyRoom. Feel free to enlighten us if you have an answer… 8) These entries will be updated throughout the day posted…

  • Yesterday, the Pentagon denied that 34 war ships would be accompanying Obama to India. Did any? Why would he need any?
  • What does the India trip really cost? And why is that cost a matter of national security?
  • Why did he take his children and family on the trip when Mumbai is one of the most dangerous terrorist hotspots on the planet?
  • First I hear Obama is going to see the Festival of Lights in India. Then he’s not. Then he’s having a tunnel built by our military so he can visit the Ghandi Museum. Why is he really going to India? Is the G20 (which is not in India) the real endgame here? Is he begging India to be our new banker since China may be getting ready to cut us off at the knees?
  • Why are food and emergency stores that are typically housed for our government in DC, being spread out to emergency locations throughout the country? (Hat Tips: Jean Stoner/Nancy Jacques)
  • Why is my state of Idaho inviting the Chinese in (like you would vampires) to sell our mines and to have them develop our power grid? Has Idaho lost their freaking mind?! (Hat Tip: Jean Stoner)
  • Why does the US need an executive order of succession for the Attorney General? (Hat Tip: Jean Stoner)
  • Was the whole firing of Olbermann a publicity stunt by MSNBC? (Hat Tip: Jean Stoner)
  • Why was a pastor shot by a cop in Spokane? He was legally armed and it was night. The officer did not identify himself. Why isn’t the cop being looked at more closely? (Hat Tip: Ron the Cop)

Update on India:

* American warships to patrol off Mumbai during visit
* Coconuts removed from trees as a precaution
* 250 U.S. business executives with Obama on ‘biggest ever trade mission’
* $200million Asia trip cost denied but the President will have huge entourage