Archive - Jun 2011 - Blog entry
June 26th
EURO SCRaMBLe 2011
Submitted by williambanzai7 on 06/26/2011 22:22 -0500A picture worth a thousand words (Tripled)
Poorly-Timed SPR Oil Release Could Cost U.S. Taxpayers $1.5 Billion
Submitted by EconMatters on 06/26/2011 19:54 -0500Since the SPR is sold essentially at the bottom of the market, it mostly likely will cost a lot more to replenish. The most ironic thing is that while trying to intervene the oil market, the U.S. government,and taxpayers could end up losing money both ways--on the sale and on the buy-back.
The Ugly Truth?
Submitted by Leo Kolivakis on 06/26/2011 13:09 -0500Here is the ugly truth on health, finance, organizations, weasels, Quebec's absolute return funds, the state of the Greek, US and Canadian economy, the 'solarcoaster', insanity and unrequited love! Enjoy!
June 25th
JaMie MaGNeTaR oN BaD APPLeS
Submitted by williambanzai7 on 06/25/2011 13:04 -0500"It has become part of our day-to-day lexicon… something as American as apple pie. Whatever happens of an unpleasant or nefarious nature, it must have been caused or created by a “few bad apples.”--Ben Tanosborn
June 24th
Coal Gen and EPA Power Struggle: Consumers to Foot The Electric Bills?
Submitted by EconMatters on 06/24/2011 19:59 -0500American Electric Power (AEP) sent shock wave last week by suggesting consumers could see their electricity bills jump an estimated 40-60% in the next few years due to new air regulations by the EPA.
Bernankenstein's Monster
Submitted by ilene on 06/24/2011 18:11 -0500Lee: Think like a criminal. Look, it’s a matter of knowing what the Fed’s next move is going to be, and knowing the investment implications.
The Media Can't Save Barack From Obama Economy
Submitted by Value Expectations on 06/24/2011 10:56 -0500With the Obama economy limping along thanks in part to the Administration’s policies in favor of extreme dollar weakness, there’s growing speculation as to his re-election chances in 2012.
How Goldman Sachs Gets Stocks It Underwrites on Its “Conviction Buy” List
Submitted by Stone Street Advisors on 06/24/2011 10:33 -0500Its one thing when Investment Banks use optimistic assumptions for revenue growth and margin expansion to "rationalize" a high price for its client's stock. Its another thing entirely to assume a Chinese company has the same level of risk as a U.S. one...
Call This a Warning Sign
Submitted by thetechnicaltake on 06/24/2011 10:29 -0500This is the first real technical warning sign that the market is on the verge of breaking down and the economy is on the verge of a recession.
The Anatomy of a Serial European Banking Collapse
Submitted by Reggie Middleton on 06/24/2011 07:05 -0500Have you ever looked beneath the hood of the big European banks? It's scary for the average layperson & it even scarier if you actually understand what it is you are looking at. What we have hear is EXACTLY what I found in early 2008, INSOLVENCY - laid out plainly for all to see - at least all who ever bothered to take a look! Throw Kilo after Kilo of leveraged fiat currency meat into the insolvent sovereign PIIGS' maw & you won't ever see it again:
Quebec's Absolute Return Flop?
Submitted by Leo Kolivakis on 06/24/2011 06:58 -0500Exposing the truth on Quebec's $175 million Absolute Return Fund...
June 23rd
THe DeBT CoLoSSuS
Submitted by williambanzai7 on 06/23/2011 22:20 -0500Why man, he doth bestride the insolvent world...
Like a Debt Colossus...
Big O and the IEA - WTF?
Submitted by Bruce Krasting on 06/23/2011 21:04 -0500I'm confused. Some questions.
Parts of Nebraska Nuclear Facility Already Under 2 Feet of Water ... But - So Far - Emergency Flood Walls Are Protecting Electrical Equipment
Submitted by George Washington on 06/23/2011 16:35 -0500What's happening in Nebraska?
Radioactive Dust From Japan Hit North America Days After Disaster ... But Governments "Lied" About Meltdowns and Radiation
Submitted by George Washington on 06/23/2011 15:05 -0500Cover up? What cover up?











