Category Archives: finance

News you can use – For Stan Druckenmiller This Is “The Endgame” – His Full ‘Apocalyptic’ Presentation | Zero Hedge “The lack of progress and volatility in global equity markets the past year, which often precedes a major trend change, … Continue reading

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To quote Yogi Berra, “It’s like deja vu all over again” – Obama administration pushes banks to make home loans to people with weaker credit The Obama administration is engaged in a broad push to make more home loans available … Continue reading

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CNBC to Stop Using Nielsen for Ratings – WSJ

Guess if you don’t like the messenger, you find a new one – CNBC to Stop Using Nielsen for Ratings – WSJ. CNBC, let me fill you in on a little secret: You have exactly the ratings you deserve.

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“It is fundamentally unfair to ask the average taxpayer to work for an extra decade to fund the early retirements of their civil servants.”

Reform Colorado’s PERA now to ensure solvent public pensions | Complete Colorado – Page Two. The Public Employee Retirement Association (PERA) admits to having $23 billion in obligations for which it has insufficient assets to cover. Using a more conservative … Continue reading

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Bitcoin

Marc Andreessen – Why Bitcoin Matters – NYTimes.com. One can hardly accuse Bitcoin of being an uncovered topic, yet the gulf between what the press and many regular people believe Bitcoin is, and what a growing critical mass of technologists … Continue reading

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Washington Big Spenders: Wasteful as Essential

Washington Big Spenders: Wasteful as Essential | Cato @ Liberty. If you live anywhere but Washington, D.C., you probably believe that the federal government spends too much. Today the national debt is more than $17 trillion. CBO figured that existing … Continue reading

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Obamacare Tax Hikes

Full List of Obamacare Tax Hikes | Congressman Jeff Duncan. If it’s not enough I’m sure Obama can enact more taxes with the help of his lapdog media friends.

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The Most Dangerous Line Uttered During The Debt Ceiling Debate | Zero Hedge

The Most Dangerous Line Uttered During The Debt Ceiling Debate | Zero Hedge. “We must increase our debt limit so that we can pay our bills.” Let me slip this in… Things that can’t go on forever, won’t. Debt that … Continue reading

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Auto, Medical and Education costs in one graph

‘nuf said.

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Quantitative easing…

QE Worked For The Weimar Republic For A Little While Too | Zero Hedge.         Like the Weimar Republic, the U.S. economy is also struggling and like the Weimar Republic, the U.S. government is absolutely drowning in … Continue reading

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There’s not a problem government can’t fix: NOT

Argentina Applies Law That Jails Hoarders as Bread Surges – Bloomberg. Argentina plans to apply a law that forces holders of wheat and flour suitable for bread making to sell stock on the domestic market in a bid to contain … Continue reading

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How the Democrats Mislead Their Supporters on Student Loan Interest Rates

They don’t try to justify it. It is an absurd lie… via How the Democrats Mislead Their Supporters | Power Line. So, did House Republicans actually “vote to more than double student loan rates,” and “make college more expensive?” Of … Continue reading

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Fed signals it could increase or decrease stimulus

Fed signals it could increase or decrease stimulus – Yahoo! Finance. In a statement, the Fed made clear that it could increase or decrease its bond purchases depending on the performance of the job market and inflation. And it was … Continue reading

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Pimco’s Bill Gross get’s a lesson in Federal Reserve cronyism

Posted today on Pimco’s facebook page: Post 1: Fed releases separate E-mail to congressional staffers and LOBBYISTS? This bothers me. Post 2: Now we hear that banks & private equity firms are on a favored Fed email list, got an early … Continue reading

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Fearing a tripling of dividend tax rates next year, companies have found one-time payouts and early payments of quarterly dividends as a way to beat some of the impact of the “Fiscal Cliff.”

Special Dividends: Companies Shelling Out Billions to Beat the ‘Fiscal Cliff’

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Colorado: Look to California for what the future holds

And this is what you’ll find: And how is California doing, now that liberals have successfully terminated the state’s remaining conservatives?” #1 in debt, #1 in welfare, #1 in taxing the rich. And hoping for a federal bailout, I suspect.  … Continue reading

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Michael Platt: “”It’s very hard to have infinite faith in money when money is being created infinitely””

Michael Platt from BlueCrest Capital Management.(Bloomberg video) When asked about the safety of US Government debt, he comments on the 30 year bond.. “I’m not going US Goverment bonds, it’s very interesting I had a dinner once with a guy … Continue reading

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From the comments:”Bank reform was supposed to help consumers. How do we always get screwed when politicians try to “help” us.”

ATM fees hit record high, free checking accounts declineSo predictable. Next prediction: More regulations to address the unintended consequences of the first set of regulations. No wonder government is a growth industry. A note to Progressives, this is NOT a … Continue reading

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Sarah Hoyt: “And I think the whole world is headed to a headlong crash with reality. And suddenly I don’t feel like laughing at goldbugs.”

Son of QE2, This Time It’s Deadly But wait, there’s more. Insofar as an economy and a monetary system is not just a way to ease transactions between people but a contract with the future – you invest, borrow and … Continue reading

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A new kind of war….

Beijing hints at bond attack on Japan A wake up call perhaps?

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