Saturday, February 27, 2010

In Economic Woes 02-27


Europe’s Got More Problems Than Just Greece

Man who broke the Bank of England, George Soros, 'at centre of hedge funds plot to cash in on fall of the euro'

Global Outlook: Who's Doomed?

AIG Posts Loss Tied to Rescue, Reserves; Shares Fall AND Friedmanism at the Fed

Is the Stock Correction Over? Market May Seesaw for Months

TIGERHAWK WONDERS why the Euro is dropping against the dollar.

Some Ominous Economic Signs

Killer Competition

Existing home sales unexpectedly plunge in January



Underwater Home-Owers: Demand Principal Reductions

How To IPO Your House

Fannie Taps Treasury for $15.3 Billion More After a 10th Loss Shouldn't any company that losses a total of $15+ billion presumably over two and a half years be forced into bankruptcy?

Reform must be tough, intrusive, and fair

US senator warns of ‘financial meltdown’ risk

How Obama Screwed Volcker



JOBLESSNESS
US jobless claims show surprise rise

Oops! As Obama talks healthcare again, new jobless claims rise again

Reid's Job Bill Likely to Have Minimal Effect on Unemployment Government can't make jobs only private industry can make real and lasting employment, elevate tax revenue and provide workers with a sense of self-respect.

23,000 now expected to lose jobs after shuttle retirement. Great, a rare government program with highly educated people is being shut down.

Plan to Seek Use of U.S. Contracts as a Wage Lever

JOBS NOW, DEFICITS LATER. Ummmm.

Insiders, Outsiders and Unemployment



DEBT AND DEFICITS
Report shows government's liabilities surging. Annual report shows government's financial position hit $11.46 trillion deficit in 2009

Unsustainable Spending

Defusing the Debt Bomb

Bernanke to Congress: You Are Going to Have to Cross That Fiscal Valley Yourself

Debt Timer Is True Doomsday Clock. Obama racks up debt and journalists depict him as a fiscal conservative.



TAXATION
Taxpayers: Know Your Rights Audits are up this year.

ow To Clean Up The Tax Code


FISCAL POLICY
Obama's appointment of Stern to fiscal commission draws business fire. Why on earth would having the head of the corrupt SEIU union bother businesses?

Debt+Dollar+Delusion+Depletion = Decline

Preparing for the Inevitable Bursting Bubble

Due North: Canada’s Marvelous Mortgage and Banking System

Led by New York, big-government blue states sink deeper into corruption.

The Decline of New York. It's enough to make Groucho Marx cry.

A primer for reclaiming California

Warren Buffett's Bid to Save the Economy -- and How It Failed

Why? Consumer protection bureau proposed at Treasury Department

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