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Hyper-Sensitive Illinois Mayor Orders Police Raid Over Parody Twitter Account
Submitted by Mike Krieger of Liberty Blitzkrieg blog,Just yesterday, I wrote a post about how a South Carolina construction worker was fined $525 and lost his job for not paying $0.89 for a drink...
View ArticleFrontrunning: April 22
Ukraine Accord Nears Collapse as Biden Meets Kiev Leaders (BBG)Novartis reshapes business via deals with GSK and Lilly (Reuters)Moscow Bankers See Fees Slide 67% as Ukraine Crisis Grows (BBG)Why ECB's...
View ArticleFrontrunning: April 24
Ukraine forces kill up to five rebels, Putin warns of consequences (Reuters)Obama to Russia: More sanctions are 'teed up' (AP)Vienna Banks Bemoan Russia Sanctions Testing Cold War Neutrality (BBG)GE’s...
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Ford Misses Top- And Bottom-Line, Blames Weather And FX
Claiming $100 million in North American weather-related costs, and $310 million losses due to the devaluation of the Venezuelan currency, Ford Motor Company missed revenues and earnings quite...
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Gold Tops $1300 As Russian Rumblings Stumble Stocks
Bonds, Gold, and JPY are bid this morning as US equity futures are fading fast. The Dow and S&P futures are now back below pre-AAPL/FB levels and Nasdaq futures falling fast. Gold is back above...
View ArticleFrontrunning: May 1
Two-Thirds of Insurance Exchange Enrollees Paid Premiums (WSJ)Panic: Criminal Charges Against Banks Risk Sparking Crisis (BBG)Did the junk bubble pop: Junk Loans Pulled as Investors Say No After Fed...
View ArticleFrontrunning: May 2
Ukraine attacks rebel city, helicopter shot down (Reuters)Euro Unemployment Holds Near Record Amid Factory Gains (BBG)Yellen’s Fed Resigned to Diminished Growth Expectations (BBG)Junket Figure's...
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Nerd Prom Summary: Highlights From This Year's Obama Roast
In theory, the media is supposed to keep any given administration, even that of hope and change, "honest", and to report its flaws, failings, criminality and hypocrisy. In practice, this never happens,...
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Algos Concerned By Sudden USDJPY Tumble, But Then They Remember It Is Tuesday
In this brave New Normal world, a Chinese contraction is somehow expected to be offset by a rebound in Europe's worst economies, because following China's latest PMI miss, overnight we were told of...
View Article10 Examples Of How "Big Brother" Is Steadily Creeping Into Our Daily Lives
Submitted by Michael Snyder of The American Dream blog,Virtually everything that you do is being watched. Do you drive a car? Do you watch television? Do you use a cell phone? As you do any of...
View ArticleFrontrunning: May 7
Alibaba files for what may be biggest tech IPO (Reuters)Early Tap of 401(k) Replaces Homes as American Piggy Bank (BBG)Developers Turn Former Office Buildings Into High-End Apartments (WSJ)Thai court...
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Tim Geithner Admits "Too Big To Fail" Hasn't Gone Anywhere (And That's The...
Submitted by Mike Krieger of Liberty Blitzkrieg blog,But it is now clear that Geithner never believed his own talking points. To him, too-big-to-fail and the so-called moral hazard, or safety net, that...
View ArticleFrontrunning: May 13
EU Court: Google Must Remove Certain Links on Request (WSJ)... people have right to be forgotten on Internet (Reuters)Harsh weather: German Investor Confidence Drops for Fifth Straight Month (BBG)More...
View ArticleFrontrunning: May 14
Vietnam mobs set fire to foreign factories in anti-China riots (Reuters)Recession-Baby Millennials Scarred by U.S. Downturn Spurn Stocks (BBG)U.S. Agents Start Hunting for Sanctioned Russians’ ‘Shiny...
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Martin Armstrong Warns Out Of Control Unions Are The Real Poison Pill Of...
Submitted by Martin Armstrong via Armstrong Economics blog,Unions have been the real plague of society. There is not much they have not really destroyed. They wiped out New York City as a port. No...
View ArticleFrontrunning: May 22
McDonald’s Workers Arrested at Protest Near Headquarters (BBG)U.S. Sends Troops to Chad to Hunt for Abducted Nigeria Girls (BBG)BofA Scrapping Market-Making Unit Amid Trading Scrutiny (BBG)Biggest...
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The US Shale Oil Miracle Disappears
Submitted by Chris Martenson via Peak Prosperity,The US shale oil "miracle" has about as much believability left as Jimmy Swaggart. Just today, we learned that the EIA has placed a hefty downward...
View ArticleFrontrunning: May 27
Vietnam, China trade accusations after Vietnamese fishing boat sinks (Reuters)SEC Set to Spur Exchange Trading (WSJ)Bank of Japan quietly eyes stimulus exit (Reuters)Japan Risks Low Growth Even as...
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GM's Latest Flop: Dealers "Stuffed" With 725-Day Supply Of "Tesla Competitor"...
Ten days ago, some of the more confused fringes of the blogosphere took great offense at our repost of an article showing thousands of idle cars strewn around various ports, dealer lots, parkings,...
View ArticleFrontrunning: May 28
Yellen Concerned by Housing Slowdown She Has Scant Power to Cure (BBG)Because snow in Q1? Citigroup’s CFO Says Trading Revenue Could Slide 25% (BBG)Banks Raise Caution Flag on Trading (WSJ)The answer...
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