Russian Industry Heads For Poll Position As The Downhill Stretch Of The Tourmalet Extends Itself Before Us

Well as far as I can see, in this the great second depression cycling race, ... ” hailing from the United States and the UK, and, no doubt about it, they do seem to be closing fast ... widespread production and job cuts, according to the latest PMI report from VTB Bank Europe. VTB’ [more...]

Date: 2009-01-03 14:06:49

Blog posts (104) | Videos (14)
 

TANSTAAFL - Ya gotta pay it sometime!

When TMEW and I spend more than we should, we end up paying for it later - by not buying much later ... more debt than they took on... Seasonally adjusted consumer debt -- including credit cards, auto loans and other unsecured debts -- fell by a record $7.5 billion, or a 3.7% annual rate, to $2.58 trillion [more...]

Date: 2008-12-16 18:44:16

What Is The Level Of Deflation Risk In Germany?

Only one thing is really clear about the Germany economy at the present time, and that is that it is shrinking rapidly. In fact it contracted far more than most analysts and observers expected in the third quarter (although I, for one, was not especially surprised) [more...]

Date: 2008-12-24 09:13:06

Gates of Vienna News Feed 1/15/2009

Forget global warming. Hello, global cooling! If the experts are right, we’re in for a new Ice Age.But it’s still the fault of George W. Bush, of course.Thanks to C. Cantoni, Fausta, Insubria, JD, KGS, Tuan Jim, VH, and all the other tipsters who sent these in. Headlines and articles are below the fold [more...]

Date: 2009-01-16 04:37:00

The CFR….Expecting An Obama Regime To CHANGE - Only what the CFR Allow…..Joe Biden and Co Are CFR Guys!!

The Council On Foreign Relations (CFR) And The New World Order- By William Blase For those who may be confused by the controversies surrounding the “New World Order”, a One-World-Government, and American concern over giving the UN more power; those unaware of the issues involved; and those wishing more background, I offer the following [more...]

Date: 2009-01-12 12:04:02

U.S. News & World Report echoes Council’s recommendations

The recommendations found in the President’s Advisory Council on Financial Literacy annual report, issued at the close of December, 2008, have been taken to heart by the media. On Tuesday, January 13, U.S. News & World Report reporter Kimberly Palmer wrote the following article, highlighting five of the Council’s recommendations [more...]

Date: 2009-01-14 16:53:42

IOU's Instead of Tax Refund?

California taxpayers may get IOU instead of tax refundBy JUDY LINASSOCIATED PRESSsourcePublished: Wednesday, January 14, 2009 at 5:41 p.m.Last Modified: Wednesday, January 14, 2009 at 5:41 p.m.SACRAMENTO — In just a few weeks, California is expected to begin issuing state refunds to more than 10 million taxpayers — a welcome injection of cash into [more...]

Date: 2009-01-15 05:48:00

Protect Yourself from Identity Theft

Identity theft is on the rise and people must be vigilant not only protecting their personal information, but monitoring their credit to ensure that they do not fall victim.  employeescreenIQ’s Rob ... that individuals can protect themselves. Don’t Let Someone Take Credit For (From) You!- By Rob [more...]

Date: 2009-01-16 14:44:54

On Mayor Willie Herenton (The $91,000 Question)

UPDATE (1/16): Earlier this week, when the CA wrote about Herenton's alleged $91,000 gain, should it have also explored indepth the past of Tre Hargett, who was also mentioned in an separate article that shared the front page and has some baggage of his own, including being mentioned in the Tennessee Waltz investigation? [more...]

Date: 2009-01-16 13:47:00

Economic Potpourri December 30, 2008

The barrage of noteworthy economic news continues as we head into the new year ... loans and other financial assets from banks to ease a credit crunch gripping the country's businesses ... the world's second-largest economy from sliding deeper into recession as the global credit crisis hurts [more...]

Date: 2008-12-31 02:58:00

Freshwater Day 8: Investigator cross, and another former student

Note: Day 9 summary will be delayed: I’m going to watch some football! ... theme was the accuracy and completeness of the report HR On Call, Inc., submitted to the Board ... 13 of the investigation report that says He also said he has a Bible beside desk on his lab table [more...]

Date: 2009-01-09 00:53:02

Bailout bio for American Express

American Express was founded in 1850 and is headquartered in New York, New York. It is known best for its global payments and travel operations. The Company’s principal products and services are charge and credit card products, and travel-related services offered to consumers and businesses around the world.  The company operates under two [more...]

Date: 2009-01-15 21:51:52

Jobless Claims Climb, Producer Prices Decline

U.S. Economy: Jobless Claims Climb, Producer Prices Decline Jan. 15 (Bloomberg) ... Department said today in Washington. Producer prices fell 1.9 percent, capping the first annual drop ... Advisers, told lawmakers today. Job losses show “no evidence of stopping” and credit flows “ [more...]

Date: 2009-01-15 19:03:00

Lost In A Sea Of Stark, Empty Houses And Vacant Lots

It’s Friday desk clearing time for this blogger. “Record numbers of Sonoma County homeowners are seeing property taxes fall, softening the blow from plummeting values. Steven James and Judy O’Brien bought their Windsor home in February 2005 for $670,000 [more...]

Date: 2009-01-02 17:57:28

DrumBeat: December 22, 2008

Pemex Oil Output Falls 6.5% to 2.711 Million Barrels a Day (Bloomberg) -- Petroleos Mexicanos, the state-owned oil company, said crude oil output fell 6.5 percent in November from the year-earlier period as production at its Cantarell field declined at a faster-than-expected rate. Production dropped to 2.711 million barrels a day, from 2 [more...]

Date: 2008-12-22 14:01:59

And If The Promotion Doesn’t Yield A Sale? What’s Next?

It’s Friday desk clearing time for this blogger. “Foreclosure filings in Gallatin County have tripled since 2006, when 37 homes were foreclosed upon ... of Consumer Credit Counseling Service in Tulsa, said the past year shows that the state isn’t immune [more...]

Date: 2009-01-16 21:04:08

Battle of the Titans

For those of you that prepare yourselves, the OPPORTUNITIES will be abundant and limitless; for those that don't it could be a very difficult period ... as they BELIEVE they have the ability to print money and create credit out of thin air endlessly. In reality [more...]

Date: 2009-01-15 00:00:37

DrumBeat: January 12, 2009

A novel plan for economic stimulus What's different now? In the 1930s, even though the U.S ... Intelligence Council's "Global Trends 2025" report concluded that, in the near term, pressure ... " report. It would appear that we need to plan for a less energy-intense future. StatoilHydro drills [more...]

Date: 2009-01-12 14:02:56

PMI Winter 2009 Risk Index Indicates Broader Risk of Home Price Declines

posted by Steven Wevodau WALNUT CREEK, Calif., Jan. 14 /PRNewswire-FirstCall/ — PMI Mortgage Insurance Co., (NYSE: PMI - News), today released its Winter 2009 Economic and Real Estate Trends Report, and its widely cited U.S. Market Risk Index(SM). The index shows that the risk of lower house prices two years [more...]

Date: 2009-01-15 14:12:58

Deflation, Deleveraging, and the Stimulus Effect

Forecast 2009: Deflation and Recession January 10, 2009 By John Mauldin Where are we headed in 2009? We will explore that in detail over the next few issues of Thoughts from the Frontline, but today we will start with some of the larger forces which will have a major impact on the economies of the world, [more...]

Date: 2009-01-11 12:32:28

A second call to help hurting taxpayers

The IRS train heading out to help Jim and Jane Taxpayer is getting quite crowded. The latest to board is National Taxpayer Advocate Nina Olson ... -- that's you and me -- in mind. And she does a fine job of that in her latest Annual Report ... the annual Taxpayer Advocate list of the 20 most serious [more...]

Date: 2009-01-12 23:30:32

DrumBeat: January 14, 2009

Obama energy goal hard to meet: Bodman WASHINGTON (Reuters) ... prices, but this would not affect its $2.3 billion credit facility, the independent oil and gas ... (Bloomberg) -- Crude oil fell after a U.S. government report showed that stockpiles climbed [more...]

Date: 2009-01-14 13:55:13

2008 Terrorism

As 2008 comes to a close we must look back at America's security and terrorism in general around the world ... ) agent, I found the HS ???threat picture??? report inadequate and misleading. In fact, I found the report itself to be a national security threat for America ??? more importantly for the children [more...]

Date: 2008-12-31 01:13:07

Bank of America Drops as Merrill May Need U.S. Aid

Bank of America Drops as Merrill May Need U.S. Aid Posted by: Alex Stanczyk 15 Jan, 2009 Alex’s Notes: ... on Jan. 20, when the Charlotte, North Carolina-based bank could post its first quarterly loss in 17 ... into the markets, and the Fed has used up pretty much all its credit, so the next shoe to drop will be the bond [more...]

Date: 2009-01-15 18:53:41

Green Jobs: Fact or Fiction?

GREEN JOBS: Fact or Fiction? An Assessment of the Literature January 2009 By Robert Michaels and Robert P. Murphy Download as PDF Introduction and Executive Summary I. Green Recovery, Center for American Progress II. Job Opportunities for the Green Economy, Political Economy Research Institute III [more...]

Date: 2009-01-14 04:02:30

U.S. Economy: Retail Sales Decline for a Sixth Month

Bob Willis Bloomberg Sales at U.S. retailers fell more than twice as much as forecast in December as job losses and the lack of credit led ... that projected a 1.4 percent drop. The decline in purchases and lack of credit caused a further weakening [more...]

Date: 2009-01-14 19:49:16

Ku Li repeat call on leadership to face up to global economic reality

.fullpost{display:inline;}Last week, Abdullah snapped on RTM News at Tengku Razaleigh for describing the current leadership as in a state of economic denial. He said Ku Li does not have access to data and is in no position to insist the leadership face up to the reality of a looming recession [more...]

Date: 2009-01-15 19:00:00

CPI at .1% Annually, Smallest Increase Since 1954

Even without properly accounting for housing which would drive the CPI hugely negative, the 2008 U.S. Consumer Price Gains Slow to 0 ... food and energy, costs were unchanged.Today’s report underscores the destruction of companies’ [more...]

Date: 2009-01-16 17:32:00

Transcript: DICK Cheney on Fox News Sunday | The Exit Interview | December 21, 2008

(Source: CQ Transcriptswire) Editor’s Note: This portion of the show transcript contains only the Cheney interview. Mr. Chris WALLACE: Mr ... s package basically extends a line of credit to the companies for a specified period of time and also [more...]

Date: 2008-12-21 20:13:21

Environmental Federal Register, Vol. 74, No. 11, January 16, 2009

Readers & Subscribers: Please see the Readers Note in the right column ... or company contribution by credit card (click here). Fill out the form (optional); insert "REGTrak ... environmental briefing report. Subscribers Note: There will not be a Federal Register published [more...]

Date: 2009-01-16 15:18:00

Financial Action Plan for January

Looking to start off the new year on the right foot financially? ... , you should check each of your credit reports from Annual Credit Report. It’s wise to stagger ... out your finances for the year. Set your credit report dates. You are entitled to one free credit report [more...]

Date: 2009-01-14 14:25:37

Citron Releases the Document that The Apollo Group (NASDAQ:APOL) Does Not Want You or the US Government to See.

stock ticker: APOL Last week, The Apollo Group reported what appeared to be strong quarterly operating profits in their for-profit education business, which is primarily derived from operating the for-profit University of Phoenix (UOP below) [more...]

Date: 2009-01-13 15:05:38

January 2009 Update

In the news...EnCana Offers Up to $500,000 for Info on B.C. Pipeline Bombings (1/14/2009) A week after the fourth attack on a pipeline near Dawson Creek, British Columbia, the Royal Canadian Mounted Police (RCMP) have identified "persons of interest". RCMP Sgt [more...]

Date: 2009-01-15 20:00:00

Re-coupled Vengence: From Downturn to Implosion Risks ?

We've spent a bunch of time on the US economic outlook and the news, as you'd expect, continues to move from bad to worse ... about what that means for the long-term outlook for Employment, earnings and valuations. You'll find [more...]

Date: 2009-01-15 21:20:15

November New and Existing Home Sales

From the AP: Existing home sales sink by 8.6 percent in November, as prices plunge a record 13 ... homes fell 8.6 percent to an annual rate of 4.49 million in November, from a downwardly revised pace ... year and worsen the recession. Purchases declined 8.6 percent to an annual rate of 4.49 million [more...]

Date: 2008-12-23 11:18:30

DrumBeat: January 7, 2009

Shell seeks Colo. water for oil shale production Shell Oil has filed for the first major water right on the Yampa River in northwest Colorado for ... more than $4 a barrel Wednesday after a government report showed much larger than expected increases [more...]

Date: 2009-01-07 13:57:26

Breaking News and Political Commentary

Israeli Offensive Presses into Gaza CityBy Richard Boudreaux and Rusdi abu Alouf - Los Angeles TimesIn the heaviest fighting since the invasion began, troops and tanks hit the capital from three directions. Gaza City is shaken by shelling and helicopter missile fire [more...]

Date: 2009-01-12 13:18:00

Sunday Reading: Broder Hammers Obama

Sunday Reading: Broder Hammers ObamaPresident-elect Barack Obama's popularity ratings may still be sky high but the Post's David Broder -- dean of the political press corps in Washington -- isn't happy with the performance of the former Illinois Senator in recent weeks [more...]

Date: 2009-01-11 18:15:00

Updates: Section 11 Jurisdiction and More

Seventh Circuit Weighs In on State Court ’33 Act Jurisdiction and Removal: A January 5, 2009 Seventh Circuit decision in the Katz v. Gerardi case ( ... ), plaintiffs’ lawyers have proven keenly interested in pursing subprime and credit crisis-related [more...]

Date: 2009-01-12 08:32:30

Friday wrap

SEIU's Andy Stern: The Anti-Prog ... "We think Stern is going to endanger the entire progressive agenda," said John Borsos, vice president of United Healthcare Workers West, an SEIU division that represents 150,000 nurses, orderlies, and other healthcare workers [more...]

Date: 2009-01-09 11:30:00

SAN FRANCISCO BUILDING OWNERS AND MANAGERS (BOMA) DECEMBER WRAP-UP

THE BOMA ADVOCATE BY KEN CLEAVELAND BOMA Leaders Meet with Mayor Gavin Newsom to Oppose Congestion Pricing Mayor Gavin ... parking spaces due to flexible pricing levels and the ability to use credit cards. BOMA reps pointed [more...]

Date: 2008-12-22 23:29:22

WHY WALL STREET ALWAYS BLOWS IT (and where the money went)

Atlantic Article Submitted by multiple readers, I read this as soon as my issue was delivered. It’s true ... all of us are to blame.by Henry Blodget WHY WALL STREET ALWAYS BLOWS ITImage credit: John RitterWell, we did [more...]

Date: 2009-01-14 15:31:41

Once Again, Nuclear is NOT the Solution

Sometime back I wrote a piece on the reasons why nuclear energy is not a very good solution to our energy woes, ... long it takes to build a new plant. We need faster solutions. But now a new report has come [more...]

Date: 2009-01-06 20:19:14

Barack Obama must be indicted, Patrick Fitzgerald, January 15, 2009, Obama corruption, Rod Blagojevich, Rezko, Levine, Weinstein, Chicago corruption, Obama indictment, Obama is not eligible

Why Barack Obama should be indicted Part 13One or more of the following events should happen: Obama steps down. Obama is forced to prove eligibility ... , and had assets in excess of approximately $30 billion. TRS was funded by annual contributions from teachers [more...]

Date: 2009-01-16 01:20:53

PREVIEW: Ammann and Schlierenzauer fancied for Four Hills glory

PREVIEW: Ammann and Schlierenzauer fancied for Four Hills glory Hamburg - Simon Ammann aims to make ski-jumping history for Switzerland while ... Foundation Announces 2008 Donations » Multinationals and water: New Ethical Corporation Report [more...]

Date: 2008-12-28 05:03:08

VF Corp Q4 Guidance And 2009 Outlook

Eric Wiseman, Chairman and Chief Executive Officer, ... at the 11th Annual ICR XChange Conference at 8:25 a.m. PST. The presentation will be simultaneously webcast and can be accessed via the VF website at http://www.vfc.com. Here’s the press release [more...]

Date: 2009-01-14 15:23:19

Wag the Blog: The Geithner Dilemma

Wag the Blog: The Geithner DilemmaDoes Timothy Geithner's issue with back taxes disqualify him from serving as treasury secretary? (Chip Somodevilla/Bloomberg News)Revelations yesterday that Tim Geithner, the secretary of treasury designate for President-elect Barack Obama, [more...]

Date: 2009-01-14 18:30:23

The U.S. as a Banana Republic?

Plane Ditches in New York River, All Aboard are SafeReutersNEW YORK (Reuters) ... Air Force fighter pilot with 40 years flying experience, according to the website of a safety [more...]

Date: 2009-01-16 15:10:00

Energy Industry could add 37 Million jobs by 2030

Report: Energy industry could generate 37 million jobs Jan ... economic research firm. The report, which can be downloaded free at ASES News: Green Jobs ... jobs by 2030, according to a new report. In 2007, the industries represented more than 9 million [more...]

Date: 2009-01-16 23:37:15

Drip, Drip, Drip

Drip, Drip, Drip Jennifer Rubin - 01.15.2009 - 11:46 AM There’s a certain pattern to these wounded-nominee stories ... out to be a key part of the Geithner situation. This is how it worked. IMF employees were expected [more...]

Date: 2009-01-15 16:46:59

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