Archive - 2012 - Blog entry
November 15th
BP Hit with the Largest Criminal Penalty in U.S. History Over Gulf Oil Spill
Submitted by George Washington on 11/15/2012 17:20 -0500BP Employees Indicted for Manslaughter and Lying to Federal Investigators in Connection with the Gulf Oil Spill
What Does It Mean that Residents in All 50 States Have Filed Petitions to Secede?
Submitted by George Washington on 11/15/2012 16:34 -0500Secession: Exploding Movement, Tempest In a Teapot … Or Something Else?
What Really Happened When Lehman Failed... and Why a Spanish Default Will Be Exponentially Worse
Submitted by Phoenix Capital Research on 11/15/2012 12:06 -0500
Countless pages have been written about why Lehman caused the system to almost implode. However, the reality is that Lehman nearly took down the entire financial system for two reasons... and Spain will be far far worse.
15 Nov 2012 – “ Are You Gonna Go My Way? ” (Lenny Kravitz, 1993)
Submitted by AVFMS on 11/15/2012 11:57 -0500The US crashing close yesterday was cushioned in Europe by better than expected (backward-looking) GDP figures in Germany and France. EZ in recession nevertheless. Limited fall-out, albeit lower (equity) levels tested. Periphery okay’ish, then good on better Italian GDP. Spain tag along with limited own dynamics, mainly trailing Risk assessment. EGBs difficult to move lower from here. Watching the US. Someone. Please. Show the way.
"Are You Gonna Go My Way? " (Bunds 1,34% +0; Spain 5,89% -3; Stoxx 2459% -0,6%; EUR 1,279 +50)
Fraud: Jon Corzine, George W. Bush and the 2005 Bankruptcy Reform
Submitted by rcwhalen on 11/15/2012 11:56 -0500When you hear Republican politicians pointing figures at Jon Corzine for his “alleged” acts of fraud in the MF Global collapse, ask them why they changed the bankruptcy code in 2005 to allow such acts of fraud to go unpunished.
Obama Negotiates - Not
Submitted by Bruce Krasting on 11/15/2012 08:30 -0500I don’t know where Obama learned his negotiating skills, but he needs a tutor.
Ouch! The Bundesbank Slaps The Fed In The Face
Submitted by testosteronepit on 11/15/2012 00:27 -0500With impeccable timing
November 14th
Do You Know What Inflation Means?
Submitted by CrownThomas on 11/14/2012 22:47 -0500It Can't Happen Here, Right?
Which Way Wednesday – Probably Both Ways, Again
Submitted by ilene on 11/14/2012 14:39 -0500Totally doomed, I tell ya.
InVeRTeD MaRXiSM In AMeRiKa...
Submitted by williambanzai7 on 11/14/2012 14:33 -0500Socialism for the wealthy, capitalism for the poor...
Deconstructing The Most Accurate Apple Analysis Ever Made - Share Price, Market Share, Strategy and All
Submitted by Reggie Middleton on 11/14/2012 14:02 -0500I post 2 yr old, paid subscription research on Apple, and compare it page by page to reality & what actually happened. The result? Some of the best Apple research that I've ever come across!
14 Nov 2012 – “ Way Down ” (Elvis Presley, 1977)
Submitted by AVFMS on 11/14/2012 12:03 -0500See-sawing – and still looking for direction. Open weaker, in line with the US close. Some exuberance ahead of the Italian auction, despite negative figures. Awakening that nothing was justifying this. Re-correction while awaiting the US take of things. With the US opening flattish plus, Europe had a light lift and started tagging along, tick for tick, stuck in a loop. Some more European gloomy news to end the day. Way Down. For the moment mostly an equity move. And cut.
"Way Down" (Bunds 1,34% unch; Spain 5,92% +9; Stoxx 2475% -0,8%; EUR 1,274 +20)
The Single Most Important Fact of the Financial System Which the Mainstream Media Ignores Every Day
Submitted by Phoenix Capital Research on 11/14/2012 11:49 -0500The mainstream media still doesn't understand the financial system... or why the Fed has done what it did.
The IRA | Basel III, Fiscal Cliffs and Economic Mysticism
Submitted by rcwhalen on 11/14/2012 10:49 -0500- Barack Obama
- BIS
- Book Value
- Budget Deficit
- Central Banks
- Congressional Budget Office
- default
- Dyson
- Fisher
- Global Economy
- JPMorgan Chase
- Larry Summers
- Neo-Keynesian
- Nominal GDP
- None
- Paul Volcker
- Reality
- Recession
- Reuters
- Securities Fraud
- Sheila Bair
- Social Security Trust Fund
- The Economist
- White House
Will Congress go over the fiscal cliff? Yes, we've been going for decades, really since the social unrest of the 1970s.
