Leaked trade agreements and hidden dangers of S 510: Corporations plan to end normal farming (Hat Tip: Brian B.)
White-collar recession, blue-collar depression (Hat Tip: Jean Stoner)
Someone Must Lose If Debt Is Forgiven
The Failures of ObamaCare (Hat Tip: Brian B.)
The Mind of America (Hat Tip: Curtis Frantz)
Health overhaul may lead to free birth control (Hat Tip: Jean Stoner)
Stimulus: How China Created 22 Million Jobs While Obama Squandered 3.3 Million (Hat Tip: Jean Stoner)
Brazil finds massive oil field (Hat Tip: Jean Stoner)
HSBC and J.P. Morgan Face Lawsuits for Precious Metals Manipulations
Tax dollars used to endorse ObamaCare (Hat Tip: Jean Stoner)
Tanning Excise Tax-First Quarterly Payment Due Nov. 1 (Hat Tip: Jean Stoner)
Ballot measure fears unite Dems, GOP in 3 states (Hat Tip: Jean Stoner)
How the Banks Put the Economy Underwater (Hat Tip: Jean Stoner)
Why the Great Recession Continues (Hat Tip: Jean Stoner)
Why Is Indiana Putting Armed Security Guards Into 36 Unemployment Offices Across The State? (Hat Tip: Jean Stoner)
Federal Government Asks for Closed Courtroom to Protect Goldman Sachs Secrets (Hat Tip: Jean Stoner)
Bank of England Head Mervyn King Proposes Eliminating Fractional Reserve Banking (Hat Tip: Jean Stoner)
JPMorgan Trims Biggest Mortgage Putback Estimate to $90 Billion
Stocks, Oil Rise on China, Fed Speculation; Irish Bonds Fall
Federal Reserve’s, Bernanke’s credibility on line with new move to boost economy
The Coming Civil War: Producers Vs. Parasites (Hat Tip: Brian B.)
U.S. home prices expected to slide another 8% (Hat Tip: Brian B.)
FDA Shuts Down Artisanal Cheesemakers In Washington (Hat Tip: Brian B.)
Facts And Science Missing From White House Environmental Policy
When Consumer Sentiment Declines in a Consumer-Based Economy
US Debt Crisis: What NOT to Do When Your Country is Broke
Here Are The Billion Dollar Deals The U.S. And India Are About To Ink
Citi: A Single Paragraph Explains Why Currency Tensions Will Get Much Worse Next Year
September consumer spending weak while incomes dip
BROTHER, CAN YOU SPARE A DIME: MAN BEGS TO OBAMA
BETTER OFF? 75% say no, highest since mid-1970s
Revival of Volatility Signals Historic Era in U.S. Politics (Hat Tip: Jean Stoner)
Brazil – first female president promises to fight poverty
Struggling mom sells Obama note to help pay for house
99 Weeks of Benefits Set To End
Biggest Week of Year for Markets Could Bring Volatility
Stocks Face Dark Side of Gridlock in Capital
UPDATE: GOOGLE slashes overseas tax rate through ‘Double Irish’ and ‘Dutch Sandwich’ strategy
Chavez Says Venezuela’s Golf Courses Should Be Seized, Put to Other Uses
More Hope & Change… Employment Offices to Hire Armed Security Guards
Dems Still Don’t Get It… Blame Predicament on “Poor Communication”
‘Recovery Summer’ Carries Over Into November
Castro Urges Cuban Union to Accept Layoffs
Union Ad Accuses GOP of ‘Everything Except Wanting to Eat Children’
‘Great Suspicion’: Is Planned Parenthood Leading Push for Free ObamaCare Birth Control?
SurvivalBlog:
Nitty Gritty Numbers Suggest Downward Spiral
Gold Will Outlive Dollar Once Slaughter Comes: John Hathaway
Imminent Big Bank Death Spiral
Piercing The Mystery of the Gold Market
Shipping The Housing Market Overseas
Moody’s: US Companies Hoarding Almost $1 Trillion In Cash
ForeclosureGate Explained: Big Banks On The Brink
Signs Hyperinflation Is Arriving
The market is ‘baking in” significant inflation. Investors are buying United States government bonds that effectively had a negative rate of return, because these bonds offer a guaranteed protection against inflation. (TIPS). The investors who took part in the $10 billion auction are betting that inflation, now at about 1 percent annually, will rise to a level that more than compensates for the premium they paid.
The Inflation ‘Genie’ Unleashed: “By reducing real interest rates and trying to break the psychology of ‘Why spend today when I can buy goods cheaper tomorrow,’ they are hoping to drive growth that would be more commensurate with a pickup in employment,” said Dan Greenhaus, chief economic strategist at Miller Tabak & Co. in New York.”
Reader S.D. in Dallas notes: “The price of a vegetable side dish at our workplace cafeteria is increasing next week from $1.29 to $1.49, a 15% increase. Last year the price was $0.89, so the prices have almost doubled in the last two years. The price on all menu items have increased also, so most days I choose to stay a bit hungry on vegetables instead of paying an extra $3.50 for an entrée! I also avoid the meat because it does not taste natural. I can’t wait to start raising rabbits!”
Chart of the Week: Inflation in the Real World
Overnight Rates Soar to 13% on Shortage of Peso Bills: Argentina Credit