Contributing Editors' Blog Entries
Turkey Factor
Submitted by Bruce Krasting on 11/25/2009 - 17:47 Turkey While we are eating the rest of the world goes on. "They" are going to be talking about us.
The AIG Scandal: Fed Implements New Conflict Standards for Reserve Bank Directors (Update 1)
Submitted by rc whalen on 11/25/2009 - 11:35 AIG The battle over corruption inside the Fed and the control of our central bank by the big city banks had been going on for a century and more. That is why the scandal and criminality of the AIG bailout demand the attention of every American. Happy Thanksgiving, BTW
Storm Clouds on Horizon: Early Stage Delinquencies Up
Submitted by bmoreland on 11/25/2009 - 11:15 A review of the 3rd Quarter FDIC Regulatory data reveals a disturbing counter trend to the recent drop in early stage delinquencies. Across almost all loan portfolios, the 3rd Quarter delinquency number is higher than the Q2 figures.
Will Pensions Ever Recover?
Submitted by Leo Kolivakis on 11/24/2009 - 22:05 According to a report from the investment specialist, the schemes have yet to return to pre-crisis levels - although many have posted impressive gains recently.
Global warming exposed as UN-funded fraud
Submitted by Project Mayhem on 11/24/2009 - 15:58 Global Warming Russian computer hackers have published emails and source code from the UN-affiliated Climate Research Unit showing profound corruption, fraud, and criminal activity. What's really behind the Copenhagen treaty?
Instead of Fixing the U.S. Economy or Creating Jobs for AMERICANS, Obama Will Spend The Money in Afghanistan and Iraq
Submitted by George Washington on 11/24/2009 - 13:55 Afghanistan Iraq Bottom line: The wars are unnecessary, and they are draining resources which could be used to reduce unemployment and help the economy.
On the Latest Housing Numbers
Submitted by Reggie Middleton on 11/24/2009 - 05:51 I read Diana Olick's Realty Check blog on CNBC.com on occasion. I must admit that she is considerably more credible and serious than the vast majority of personalities to be found over there. In her latest piece she questions the validity of the sales bump seen in the last three existing home sales reports. She queries Lawrence Yun, NAR's chief economist. He volunteered,Can We Dodge the Fiscal Bullet?
Submitted by Leo Kolivakis on 11/23/2009 - 23:17 According to David Dodge, the global financial crisis dealt a severe blow to government revenues and automatically increased some expenditures. Moreover, governments undertook stimulus spending. The combined Canadian federal and provincial deficit in 2009-10 rose to about 6% of GDP, with slightly more than half of this increase due to automatic stabilizers. The comparable deficit in the US was over 10% of GDP.Bernanke Vs. Gold - Getting Hostile
Submitted by Bruce Krasting on 11/23/2009 - 17:31 Gold is up big on the suggestion that POMO may be extended, "just a little". A market slap in the face to Ben and QE. Does he get it? Nah!Deficits (and Massive Debt Overhangs) DO Matter
Submitted by George Washington on 11/23/2009 - 15:15 Deficits don't matter . . . do they?
Fed: GDP is garbage long term
Submitted by EB on 11/23/2009 - 11:22 A day before the first revision to Q3 GDP is released, the Federal Reserve tells us it may not be as useful as we've been led to believe.Good morning, worker drones: This Week In Mayhem
Submitted by Project Mayhem on 11/23/2009 - 09:56 New flu has RBD mutation , Hacked Emails Show Climate Science Ridden with Rancor , Chavez and Uribe at each other's throats again, Gold approaches PM's Jan 2010 target , Solzhenitsyn approves.
6 Primary US Equity Markets
Submitted by Fibozachi on 11/23/2009 - 07:24 Equity Markets An updated snapshot that highlights how the six primary US equity indices have performed relative to each other since their March lows via a percent change chart in addition to a weekly, daily and hourly technical outlook
The Weak Dollar vs. Strong Dollar Dilemma
Submitted by inoculatedinvestor on 11/23/2009 - 00:21 The current debate in just about every financial and economic circle surrounds the fate of the dollar. Some argue that a weak dollar is great for US exports and thus investors should not worry about the recent decline. Others contend that a weak dollar will eventually be inflationary and drive up the price of necessities such as oil. Which side are you on?