Entries Tagged as 'Add new tag'

Max Keiser’s ‘thing of beauty looms’ as UK unraveling points to budget cuts [UPDATED]

June 30th, 2009 61 Comments

Stacy Summary: This one is for Mike2liverpool.  Right, now I have to go find that “thing of beauty” video of Max for your entertainment. 

Sterling crisis looms as Brown takes UK economy into trash heap of history

“The probability of a real sterling crisis is around one in three, and the probability of major [...]

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Brown’s pound, Swedish banks and American income ** [Updated] **

June 5th, 2009 36 Comments

Stacy Summary:  Oh yeah, green shoots are everywhere!

Pound continues down with Brown’s political death plunge

When will be Gordon Brown’s last ever PMQs?

Sweden to part nationalise banks exposed to Baltic collapse

One in 9 Americans on food stamps

One in every 6 dollars of American income now comes from government

Benefits, such as Social Security, food stamps, unemployment insurance [...]

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Phantom mortgages and Larry Summers’ kickbacks

May 30th, 2009 44 Comments

Stacy Summary:  Corruption, corruption, corruption.  It’s quite clear that the whole system is rotten.  Part of the problem with government being so close to bankers and corporations is that the politicians feel like they should be getting kickbacks and be able to live the lifestyle that they themselves help create for said bankers with your [...]

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Fed attempt to rig house prices fails to save market, Latvians try blondes to stimulate economy

May 29th, 2009 21 Comments

Stacy Summary:  Okay, so the blonde Latvian story may be a bit frivolous on the surface.  Is it, however, any more ridiculous (or dangerous) than Bernanke’s attempts to revive the economy through rigging house prices?

Blondes to battle Latvia’s blues

IMF claims Latvia will recover in 2010, if they follow IMF plan

Stacy summary:  Note that the IMF [...]

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Headlines, Headlines, Headlines – 13 April 2009 [Updated]

April 13th, 2009 21 Comments

Stacy Summary:  The global currency and sovereign debt grid are once again in today’s headlines; and those headlines are ominous for the economic futures of US & UK.

China sold US Treasuries heavily in January and February

Are bond market vigilantes saddling up?

China must make yuan convertible to extend influence

Baugur properties transferred to its chairman’s personal [...]

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Headlines, Headlines, Headlines – 08 April 2009

April 8th, 2009 22 Comments

Stacy Summary:  More and more evidence that the financial oligarchy will not pay for their crimes as Friends of Geithner live to defraud another day.

Connecticut to investigate $400 million in TALF funds big 3 ratings agency monopolies will receive

Kotlikoff on Geithner’s troubled and seamy bank plans

Sachs:  The Geithner-Summers plan is even worse than thought

‘Savvy, young [...]

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