This page has been archived and commenting is disabled.
Frontrunning: January 9
- SEC calls for detail on debt exposure (FT)
- Calls for US taxpayers to bear housing (FT)
- Beijing Sets Meek Tone on Reform to Banking Sector Amid Uncertainty (WSJ)
- Merkel, Sarkozy to seek growth, jobs for euro zone (Reuters)
- UK leaves door open for cash to IMF (FT)
- Hungary Runs Out of Options in Row With IMF (Bloomberg)
- Monti Says No More Budget Cutting Needed to Balance Italian Budget by 2013 (Bloomberg)
- China to maintain 'prudent' monetary policy (China Daily)
- Regional free trade talks in the pipeline (China Daily)
European Economic News:
- Eurozone Sentix Investor -21.1. Previous -24.0.
- Germany Exports s.a. for November 2.5% m/m – higher than expected. Consensus 0.5% m/m. Previous -3.6% m/m. Revised -2.9% m/m.
- Germany Imports s.a. for November -0.4% m/m – lower than expected. Consensus 0.5% m/m. Previous -1.0% m/m. Revised 0.1% m/m.
- Germany Current Account for November €14.3B – higher than expected. Consensus €11.5B. Previous €10.3B. Revised €10.0B.
- Germany Trade Balance for November 16.2B – higher than expected. Consensus 12.0B. Previous 11.6B. Revised 11.5B.
- Germany Industrial Prod. n.s.a. w.d.a for November 3.6% - lower than expected. Consensus 3.9% y/y. Previous 4.1% y/y. Revised 4.2% y/y.
- Germany Industrial Production s.a. for November -0.6% - lower than expected. Consensus -0.5% m/m Previous 0.8% m/m.
- France Trade Balance for November -€4412M – higher than expected. Consensus -€6000M. Previous -€6248M.
- Switzerland Unemployment Rate 3.30% - higher than expected. Consensus 3.20%. Previous 3.10%.
- Switzerland Unemployment Rate s.a. 3.10% - in line with expectations. Consensus 3.10%. Previous 3.00%.
- Switzerland Retail Sales 1.8% - higher than expected. Consensus 0.20%. Previous -0.20%.
- 2672 reads
- Printer-friendly version
- Send to friend
- advertisements -


RE: Calls for US taxpayers to bear housing (bailout costs)
ummmmm... NO!
The Banks got themselves into this asset loss mess through their own malfeasance, and have suffered nothing. Time for them all to take their losses like grown-ups. We tax-payers, and homeowners have carried them at our own crushing expense for long enough. Let the failed Banks FAIL already.
Calls for US taxpayers to bear housing
Oh, it just drives me nuts! Now, I don't advocate government intervention, but the government & Federal Reserve have intervened to the extent that the whole economic system is on the verge of collapse. However, if all CURRENT mortgages were set to today's interest rate, no principal reduction, just interest rate modification, it would put extra funds into 'real' family households, and it would reduce the intrest itemized deduction resulting in extra money put into the federal coffers. Win - win. More money in people's pocket, more taxable income without raising taxes. In addition, it would kick start the housing market.
"Monti Says No More Budget Cutting Needed to Balance Italian Budget by 2013"
LOL
Thanks for sharing this information. I really like your way of expressing the opinions and sharing the information. It is good to move as chance bring new things in life, paves the way for advancement, etc. But it is well known to everyone that moving to new location with bulk of goods is not an easy task to move or shift from one place to other place because I have experienced about that and I face the problem like that. There I go to village near to my city faced that problem there.
E20-001 braindumps// 70-630 braindumps// N10-003 braindumps// 83-640 braindumps// 70-536 braindumps// 1z0-052 braindumps// 352-001 braindumps// 70-297 braindumps//