Frontrunning: December 15

• Irish parliament to vote on EU/IMF bailout (Reuters)
• China Consumers Signal Deepest Inflation Concern Since 1999 in PBOC Survey (Bloomberg)
• Japan Confidence Deteriorates for First Time Since Crisis (Bloomberg)
• Japan Cuts Corporation Tax in Growth Bid (FT)
• U.S. at Risk of Rare Earths Supply Disruption (Reuters)
• US SEC's ABS Quandary Still Pending Business (Market News)
• George Soros Op-Ed: Europe should rescue banks before states (FT)
• The countless exemptions, credits and deductions cost the government more than $1 trillion annually in foregone revenue. It's time for an overhaul. (LA Times)
• Germany Stiffens Opposition to Bigger Bailout in ECB Face-Off (Bloomberg)
• Fed Signals Stronger Economy Won't Slow $600 Billion Stimulus (Bloomberg)
• Too Big To Fail Bids go REIT: Simon Property makes 3 billion pounds indicative CSC bid (Reuters)
• Rising risks spur ECB to double reserves (FT)
• Housing is the forgotten crisis (MarketWatch)
• Eurogroup's Juncker: Survival Of Eurozone Is Not In Question (Market News), translation: the Eurozone is about to collapse
• Corporate America's Short-Sightedness Is Not a New Phenomenon (Michael Panzner)
• Tax Deal Is Shaping 2012 GOP Campaign (WSJ)
• Tax Cuts Head for Senate Approval (Reuters)

Comments

[Caviar Emptor]

And all of a sudden its gloom. But most market players haven't quite grocked to it yet. They will. A Greece news blackout is being planned by TPTB. But there's much, much more out there to spook the markets.

[gulf breeze]

Tyler
Did you see your bad press on Cnbc this morning from Joe blows

[velobabe]

link, please!

[gulf breeze]

I will look for it.  It was the start of squawk box and it referenced Tepper anda unamed blog that slams cnbc

[firstdivision]

Wait, CPI and core went up both just .1%...something doesn't smell right about the numbers. 

[Cornubot]

It is becoming increasingly apparent that Belgium should join the PIIGS-countries.

New acronym: BIG PIS

France has a deficit and debt to GDP comparable to Portugal, and the UK is in bad shape, although they don't have the euro. 

Anyways, adding France and the UK to the mix, you get

BIG FUK PIS och possibly BIG PIS FUK.

Link in swedish http://cornucopia.cornubot.se/2010/12/grekland-spanien-belgien.html

[bobert]

Time to buy the 10 year treasury?

[sbenard]

re: Rare earths

So much for our ever-cheaper technology!

So much for our green energy superiority!

So much for our crude oil refinery production!

And I also wonder about the potential military impact!

We're screwed!

[bobert]

"Screwed?"

Perhaps due for a haircut.

[squexx]

George Soros should be burned slowly at the stake!

[Careless Whisper]

Bank Robberies Passe; Nighttime Heist At Apple Store

http://www.greenwichtime.com/local/article/Thieves-bust-into-Avenue-Appl...

[Rodent Freikorps]

Soros blows. I think he misses Nazism.

[e_u_r_o]

any video link for irish voting?

[velobabe]

man pulls gun on a florida school board, then shoots himself. las vegas casino gets robbed on thousands of chips.

civil disobedience occurring this week in america.

FACEBOOK will save us, i am sure. Time magazine thinks so.

[Careless Whisper]

Sun Trust Accused Of Tampering With Evidence; Fraud Is The Business Model

http://online.wsj.com/article/SB1000142405274870373420457602000307178190...

[yabs]

Ipray for the day that Soros and the Bernank are ten feet under

[glenlloyd]

I pray for the day that people recognize Facebook for what it is; a mechanism for maintaining conformity, social order and people monitoring.

It is one nasty POS.