Archive - Jun 2011 - Blog entry
June 9th
German Rating Agency Feri Downgrades US Government Bonds: AAA to AA!
Submitted by Smart Money Europe on 06/10/2011 03:08 -0500The first Western downgrade of US government debt is a fact!
June 9th
Former Bailout Inspector General Neil Barofsky: "You Should Be Scared. I'm Scared. You Can't Not Be Scared. You Can't Look At What Happened In The Run-Up To 2008 and See How It's Not Going to Repeat Itself, Given What We've Done"
Submitted by George Washington on 06/09/2011 23:53 -0500Sigtarp speaks truth to power ...
Capital Context Update: Bond Breadth Bad
Submitted by CapitalContext on 06/09/2011 20:54 -0500Stocks outperformed credit at the index level today but there was a significant shift in internals in corporate credit that provides the context for continued weakness in risk assets.
It's Official: "Nuclear Fuel Has Melted Through Base Of Fukushima Plant" ... "Far Worse than a Core Meltdown"
Submitted by George Washington on 06/09/2011 17:04 -0500"Nuclear Fuel Has Melted Through Base Of Fukushima Plant" ... “The Findings of the Report, Which has Been Given to the International Atomic Energy Agency ... Described a 'Melt-Through' as Being 'Far Worse than a Core Meltdown' and 'The Worst Possibility In a Nuclear Accident'"
The Handling of the Economic Crisis May Lead to Civil Unrest
Submitted by George Washington on 06/09/2011 15:50 -0500I hope not ... But Bennie, Timmy, Bammy and the boyz keep pushing on the wrong strings ...
A PRaYeR FoR THe SHePHeRD aND HiS TBTF FLoCK
Submitted by williambanzai7 on 06/09/2011 13:54 -0500Behold...
UPDATE on Police State | “SWAT” Team Breaks Down Door, Detains Man for Wife’s Defaulted Student Loans
Submitted by 4closureFraud on 06/09/2011 10:28 -0500Post Includes Police State Search Warrant on Student Loan “Default”
Over A Year After Being Dismissed As Sensationalist For Questioning the ECB's Continued Solvency After Sovereign Debt Buying Binge, Guess What!
Submitted by Reggie Middleton on 06/09/2011 09:08 -0500I warned that the attempt to centrally plan 16 economies in concert, by force nonetheless, would result in the Eurocalypse (that's a Reggie Middleton copyrighted term)! As is customary with warnings of common sense against unbridled, optimistic BULL(ishness), I was dismissed as being sensationalist. Well, as Malcom X is known as saying, "The chickens are coming home to roost!"
Market Data Sheets June 9th
Submitted by Pivotfarm on 06/09/2011 05:55 -0500S&P 500, Dow Jones, Nasdaq, Russell 2000, Nymex Crude Oil, Comex Gold, EURUSD, GBPUSD, USDJPY
About Gold-Backed Russian Roubles and Eurobonds…
Submitted by Smart Money Europe on 06/09/2011 04:26 -0500Guess who's partying lately?!
June 8th
Public Pension Problem Shrinking?
Submitted by Leo Kolivakis on 06/08/2011 23:19 -0500Surge in stock markets helped US public pension plans recover but will it last?
Seattle Residents Exposed to 10 Radioactive "Hot Particles" Per Day
Submitted by George Washington on 06/08/2011 20:20 -0500Don't worry ... if anyone gets cancer 10 years from now, it will have been from hot dogs and cellphones, not Fukushima.
A Not-So-Marginal Risk in Silver
Submitted by EconMatters on 06/08/2011 18:25 -0500Our research analyst was interviewed by Carolyn Cui from Wall Street Journal regarding why we believe CME should have raised margins on silver earlier and had missed the best opportunity to do so.
Too Big To Fail Banks Will Kill All Reforms
Submitted by Econophile on 06/08/2011 16:33 -0500By the time the "too big to fail" banks and their lobbyists get through with the rules, banks will be relatively free to pursue lending practices that existed before the crash.
MiLK TiCKeTS FoR BaBieS
Submitted by williambanzai7 on 06/08/2011 15:47 -0500A conspiracy is nothing but a secret agreement of a number of men for the pursuance of policies which they dare not admit in public.--Mark Twain
