Is the 6-month Stock Market Rally About to End?.
by Bob Chapman Global Research October 1, 2009 The G-20 Pittsburg Summit ended last Friday. Their official statements made for some novel and interesting reading. We were informed that the group could by working together could manage a transition to a more balanced pattern of global growth. Tending to domestic demand as private savings increase. It is obvious to us this cannot work. We are seeing increased savings and decreased consumption. The IMF as well agrees with these policies. [more...]
Date: 2009-10-01 17:54:55
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New Czech move to block ratification of EU constitution
Flashback: Icelandic parliament rolls over, votes for EU membership | Ireland to hold second referendum on Lisbon Treaty | EU leaders reassure Irish in latest attempt to revive Lisbon treaty | Leaked 1955 Bilderberg Docs Outline Plan For Single European Currency | Iceland to be fast-tracked into the EU | Irish to vote on EU treaty again as experts warn Britain could be signed up within a year | You’re not doing it right: New Irish vote on EU integration ‘legal’ | Harper, Sarkozy [more...]
Date: 2009-09-29 20:25:00
A Mahatma rally!
"Earth provides enough to satisfy every man's need, but not every man's greed." – Mahatma Gandhi. Whether one should be greedy at this stage is a BIG question after such a stunning rally. We’ve come a long way in a year. The journey from the brink of Great Depression has been spectacular. The moot point is where do we go from here? The fact that so many people have missed the rally could ensure that the bulls maintain an upper hand. [more...]
Date: 2009-10-01 04:03:00
Four Big Economic Indicators to Watch
There are many items that influence the day-to-day moves in a stock, bond, or commodity’s price — earnings news, corporate financials, simple supply and demand, and a whole lot more. Heck, I’ve even read an academic study that argued the weather has a huge influence on whether markets close up or down! But when it comes to figuring out the bigger-picture, longer-term moves for whole investment classes, there’s nothing better than watching a few key economic indicators. [more...]
Date: 2009-09-29 11:30:39
Four Big Economic Indicators to Watch
There are many items that influence the day-to-day moves in a stock, bond, or commodity’s price — earnings news, corporate financials, simple supply and demand, and a whole lot more. Heck, I’ve even read an academic study that argued the weather has a huge influence on whether markets close up or down! But when it comes to figuring out the bigger-picture, longer-term moves for whole investment classes, there’s nothing better than watching a few key economic indicators. [more...]
Date: 2009-09-29 11:30:12
Four Big Economic Indicators to Watch
There are many items that influence the day-to-day moves in a stock, bond, or commodity’s price — earnings news, corporate financials, simple supply and demand, and a whole lot more. Heck, I’ve even read an academic study that argued the weather has a huge influence on whether markets close up or down! But when it comes to figuring out the bigger-picture, longer-term moves for whole investment classes, there’s nothing better than watching a few key economic indicators. [more...]
Date: 2009-09-29 11:30:37
Four Big Economic Indicators to Watch
There are many items that influence the day-to-day moves in a stock, bond, or commodity’s price — earnings news, corporate financials, simple supply and demand, and a whole lot more. Heck, I’ve even read an academic study that argued the weather has a huge influence on whether markets close up or down! But when it comes to figuring out the bigger-picture, longer-term moves for whole investment classes, there’s nothing better than watching a few key economic indicators. [more...]
Date: 2009-09-29 11:30:56
Four Big Economic Indicators to Watch
There are many items that influence the day-to-day moves in a stock, bond, or commodity’s price — earnings news, corporate financials, simple supply and demand, and a whole lot more. Heck, I’ve even read an academic study that argued the weather has a huge influence on whether markets close up or down! But when it comes to figuring out the bigger-picture, longer-term moves for whole investment classes, there’s nothing better than watching a few key economic indicators. [more...]
Date: 2009-09-29 11:30:14
Financial Dispatch: Private sector still losing jobs
Andrew Torgan CNN Financial News Producer The first of this week’s big employment reports is out and the numbers are a bit of a disappointment. Payroll-processing firm ADP says private-sector employers cut 254,000 jobs in September, down from a revised 277,000 in August. But that is the smallest monthly total since July 2008, even though it’s worse than the 200,000 loss economists had forecast. Large businesses, those with 500 or more workers, let 61,000 workers go in September. [more...]
Date: 2009-09-30 16:14:02
Germany - The Bitter-Sweet Tears Of Angela von Merkel
German voters gave Chancellor Angela Merkel the green light for a second term on Sunday, along with a clear mandate to form a new government with the liberal Free Democrat Party (FDP). But just what exactly is the new government likely to do? Merlek has been quick to pour cold water on any idea of early tax cuts, “I expect we’ll agree very quickly on tax policy, especially when you look at the leeway we have with the budget,” she is quoted as saying. [more...]
Date: 2009-09-30 22:01:26
Rabbit holes, badger detectives and cherubs – part two of Bryan Talbot’s interview with Pádraig
Following yesterday’s terrific chat between Bryan Talbot and Pádraig Ó Méalóid (which can be read here ) today we bring you the second half, where we mostly move on to more recent work from Bryan, such as the magnificent, years-in-the-making Alice in Sunderland, cross-gender anonymity with the ‘Veronique Tanaka’ silent comic experiment (which took me in, not that it diluted my enjoyment of the work), more humorous work with the hilarious Cherbus (with Mark Stafford) and the Naked Artist (with [more...]
Date: 2009-10-01 23:14:15
My Identity may have Been Compromised
I got a notice yesterday that my identity maybe, could have, probably, possibly been compromised. The scariest part of it is the information that was compromised is essentially my entire life, it was a background investigation file. I am fortunate to be close enough to the issue that I know the risk associated with what happened is extremely low if not non existent. Just to be on the safe side I have been provided with 1 year of complimentary credit monitoring. [more...]
Date: 2009-09-29 13:30:32
FreeCreditReport.com Review: Not a Free Credit Report
Have you heard of those commercials on TV that talk about “free” credit reports? These services, such as FreeCreditReport.com are *not* truly free. They offer free trials for a limited time (usually 7 days) but they’re actually paid subscription services after the intro period is over. They’re in the business of credit monitoring and tracking your credit standing. Image by Andre Rolim/Getty Images These services exist to help us keep an eye on our credit reports. [more...]
Date: 2009-09-29 04:01:28
Posts about Obama Health Care Failure as of October 1, 2009
Conference call: Tim Pawlenty and the Freedom First PAC - hotair.com 10/01/2009 We had an opportunity to talk with Minnesota Governor Tim Pawlenty to discuss the launch of his Freedom First PAC. Pawlenty says that he’s worried that freedom is being corroded by a “tyranny of a creeping bureaucracy.” Pawlenty wants to re-elevate the principles of freedom and liberty, including an effort to educate people on their value and to impact current policy. Pawlenty plans a particular effort to [more...]
Date: 2009-10-01 12:59:05
Mortgage Refinance With Bad Credit Options: Reveal All The Hottest Tips Here!
by Asem Eltaher Among the top ten hot topics of 2008-2009 is the relief for homeowner’s high mortgage payments. Foreclosures at an all-time high and many are getting further behind each month creating a large market for mortgage refinance with bad credit. The Mortgage Banker’s Association states the newest information on foreclosures shows the decline is still pacing downward. The percentage of homeowners facing default can rise higher by 2011, if relief is not available. [more...]
Date: 2009-10-01 09:00:20
Mortgage Refinance With Bad Credit: Reveal All The Hidden Secrets Here!
October 1, 2009 | By Asem Eltaher In Finance | by Asem EltaherAmong the top ten hot topics of 2008-2009 is the relief for homeowner’s high mortgage payments. Foreclosures at an all-time high and many are getting further behind each month creating a large market for mortgage refinance with bad credit. The newest data from the Mortgage Bankers Association reveals fewer foreclosures are being reported. Unless there are new strategies for relief the rise could be higher than now by the year 2011. [more...]
Date: 2009-10-01 09:01:06
Text of Kerry-Boxer Clean Energy Jobs and American Power Act, The Senate's Cap-and-Trade Climate Legislation
A SUMMARY OF THE CLEAN ENERGY JOBS AND AMERICAN POWER ACT AS INTRODUCED September 30, 2009 SECTION 1 . SHORT TITLE ; TABLE OF CONTENTS . This Act may be cited as the “Clean Energy Jobs and American Power Act”. Sections 2. Findings. Describes the impacts of climate change and the benefits of transitioning to a clean energy economy. Section 3. Economywide Emission Reduction Goals. Establishes targets for reducing global warming pollution. Section 4. Definitions. [more...]
Date: 2009-10-01 12:11:00
Credit Repair! You May Have A Bad Credit Rating And Not Even Know It
When we talk about credit repair, most of us believe that repairing our credit rating is directly related to our mis management of our finance s, and in most cases that is true! However, many of us don’t realize that thousands of men and women every year find out they have bad credit due to credit fraud, and if you’re not 1% sure on how this happens, it’s a method by criminal organizations that are stealing your identity and using it for financial criminal activities. [more...]
Date: 2009-09-30 14:31:03
King Report: Economic Data Turns South
> For the past two weeks we have been warning that economic data is turning lower. On Wednesday, US beancounters manufactured a better than expected GDP but private economic data appeared that was materially worse than expected. The ADP Employment change for September is -240k; -200k was expected. More importantly, the closely-watched Chgo PMI declined to 46.1, which is below the 50 line of demarcation between growth and contraction. 52 was expected. [more...]
Date: 2009-10-01 19:03:20
7-Eleven serves up Big Gulp of Big Government to credit card consumers
Tomorrow, 7-Eleven Inc. and other big retail chains will hit Capitol Hill to offer Congress members and their staffs a supersize serving of hypocrisy. Retailers, who rightly complain about costly government mandates in health care and other areas, are now calling for Congress slap price controls on the interchange fees they pay to banks and credit unions for services associated with the credit and debit cards of retail consumers. [more...]
Date: 2009-09-29 20:36:44
IMF Report: Good News and Bad News, But Not Much New News
John Lounsbury submits: The IMF has issued its semi-annual report on the world economy this morning. There is some good news and some bad news. There is not a lot of headline news here, but the report is a good compilation of where the world is more than halfway through 2009. I start with lists of some summary items, followed by reviews of items of interesting data in the report. Good News 1. Banking systems have stepped back from the brink of disaster; 2. [more...]
Date: 2009-10-01 02:04:17
Blocking, Tackling & Running: Leveraging a Crisis Into Real Change
There's a fairly well known cartoon of two scientists working out a problem on a chalkboard covered with complex equations and down in the circle is a little circle with the key step inserted in small print - "and then a miracle occurs". Wouldn't it be nice if we could take the same short-cut to fixing the horrendous shopping list of significant [more...]
Date: 2009-01-16 20:07:11
Auto Sales Collapse, GM At 49 Year Low
It was a grim December across the board for Automakers as GM’s 2008 U.S. Sales Plummet to 49-Year Low; Toyota, Honda Fall.General Motors Corp ... t overcome the weight of consumer pessimism and tight credit in the world’s biggest auto market. Ford’ ... , according to trade publication Automotive News.“If consumer confidence doesn’t snap back soon, it’ [more...]
Date: 2009-01-05 19:27:00
Windows Azure and Cloud Computing Posts for 10/1/2009+
Windows Azure, Azure Data Services, SQL Azure Database and related cloud computing topics now appear in this weekly series. Note: This post is updated daily or more frequently, depending on the availability of new articles in the following sections: Azure Blob, Table and Queue Services SQL Azure Database (SADB) .NET Services: Access Control, Service Bus and Workflow Live Windows Azure Apps, Tools and Test Harnesses Windows Azure Infrastructure [more...]
Date: 2009-10-01 23:00:00
Track Your Finances On the Go: Mint.com Comes to the iPhone
Mint.com turned out to be a near perfect solution for my financial needs. To understand why, I’m going to give a little background ... ago, I decided I was tired of this slavish devotion to my computerized checkbook, the annual ... and is supported by the ability to recommend alternate financial services (low-interest credit cards, etc [more...]
Date: 2009-01-16 03:20:58
Track Your Finances On the Go: Mint.com Comes to the iPhone
Mint.com turned out to be a near perfect solution for my financial needs. To understand why, I’m going to give a little background ... ago, I decided I was tired of this slavish devotion to my computerized checkbook, the annual ... and is supported by the ability to recommend alternate financial services (low-interest credit cards, etc [more...]
Date: 2009-01-15 22:00:23
F.D.I.C. Says Bank Failures Will Cost $100 Billion
Update | 12:50 p.m. Confirming previous reports, the Federal Deposit Insurance Corporationreleased a proposal Tuesday to raise $45 billion for its deposit insurance fund by having banks prepay their annual assessments. Here’s the story in The New York Times.Federal regulators said Tuesday they expected bank failures to cost the deposit insurance fund about $100 billion in the next four years, much higher than the earlier estimate of $70 billion in failure costs through 2013. [more...]
Date: 2009-09-29 14:36:00
RIL, auto stocks slide in flat market
Key benchmark indices ended little changed after witnessing wild gyrations throughout the day. The BSE 30-share Sensex rose 7.71 points or 0.05%, off 61.06 points from the day's high, and up 75.19 points from the day's low. The BSE Sensex extended gains for third straight session while S&P CNX Nifty ended marginally lower. Market breadth was weak as small and mid-cap stocks underwent correction.IT stocks were in demand for the third straight day. However, auto stocks retreated on profit booking. [more...]
Date: 2009-10-01 12:10:00
Nifty regains 5,000 mark
Data showing a surge in growth in the core sector boosted domestic bourses with the 50-unit S&P CNX Nifty settling above the psychological 5,000 level. The BSE 30-share Sensex rose 159.91 points or 0.96%, off close to 55 points from the day's high and up close to 50 points from the day's low. Index heavyweights Reliance Industries and ICICI Bank led the rally which was a part of a rally in most Asian stocks. IT, banking and healthcare stocks rose. But realty stocks reversed early gains. [more...]
Date: 2009-09-29 15:25:00
Kenya Airways 2009 AGM
Kenya Airways (KQ) is the cradle of blogging for me – one of their annual general meeting's (AGM) is the place it all started, the place where the inspiration for blogging, since then it’s been a ritual to attend because I like planes and investments similarly. This year’s AGM, held on September 25, was the first I’ve attended at Kasarani sports gymnasium; previous ones were at their Embakasi HQ, Carnivore and Bomas grounds. [more...]
Date: 2009-09-29 09:46:00
Opinion: NZ better off if RBA ran our monetary policy
By Rodney Dickens Executive summary The Transtasman Taskforce is investigating whether New Zealand should drop the NZD in favour of the AUD . An implication of doing so would be that the Reserve Bank of New Zealand (RBNZ) would abdicate responsibility for setting the OCR to the Reserve Bank of Australia (RBA). In the context of this debate, it is interesting to see how the RBA and RBNZ stack up in terms of monetary policy decisions. [more...]
Date: 2009-09-30 00:04:15
Gates of Vienna News Feed 1/5/2009
Read through the official European reactions to Israel’s ground offensive into Gaza: Zapatero, the Vatican, the Italian government — all are pressuring Israel for a ceasefire. The surprise is Dutch Prime Minister Jan Peter Balkenende, who states that it would be pointless to condemn Israel without addressing what Hamas is doing [more...]
Date: 2009-01-06 04:54:00
Gates of Vienna News Feed 1/2/2009
In tonight’s news: Israel is poised to send ground troops into Gaza.A Muslim family was removed from a plane before takeoff, and is being compensated by the airline for the error. CAIR is in high dudgeon about the incident.Thousands of shoes were dumped on a Miami expressway — is that a message for President-eject Bush? [more...]
Date: 2009-01-03 04:42:00
When will the recession end? Part 7 False signals of recovery
Many hopeful economists and political analysts are despirate to find any source of good news signaling that we may be at the bottom of the decession ... down by a credit squeeze and sliding demand for global trade. Now it's started to rebound off its lows ... Index (BDI). Frozen credit lines have paralyzed the shipping trade since mid-September [more...]
Date: 2009-01-15 14:05:31
Jon Henley reports on the pitiful state of the British pension system
A hundred years ago next month, half a million eldery people popped down to their local post office and collected, for the very first time, a state pension. It wasn't a lot - five bob a week, about £20 now - and there were strings attached: you had to be one of the 5% then aged over 70, and enjoy a weekly income of less than 12 shillings [more...]
Date: 2008-12-19 08:22:25
Last lap of luxury
Merchandisers, flailing away during decades of prosperity, have made us all pretentious ... , not from tuition, but from clothes, trips and electronics purchased on credit cards lenders handed ... , one of the wire services moved stories from a leading wedding publication in advance of the annual [more...]
Date: 2008-12-17 20:44:17
How To Get Your Free Government Credit Report
How To Get Your Free Government Credit Report by Andy ZainBy law, you are entitled to one free government credit report each year, but you have to apply to get it. The consumer reporting companies are covered by the Fair Credit Reporting Act to ensure privacy and accuracy.Contained in your credit report is personal information like how you pay your bills, any arrests, bankruptcies or legal actions, as well as your full name and address. [more...]
Date: 2009-09-30 08:17:23
DrumBeat: December 29, 2008
Gazprom, Once Mighty, Is Reeling MOSCOW — A year ago, Gazprom, the Russian natural gas monopoly, aspired to be the largest corporation in the world. Buoyed by high oil prices and political backing from the Kremlin, it had already achieved third place judging by market capitalization, behind Exxon Mobil and General Electric [more...]
Date: 2008-12-29 14:06:30
ANNISE PARKER ANNOUNCES BANKING PROGRAM!
IT'S TIME TO PLUG THE LEAK WITH BANK ON HOUSTON!We’ve been hearing a lot lately about the national economic crisis, ... lending and check-cashing industry is draining more than $70 million dollars a year out of local ... . The Brookings Institution reports that a family with an annual income of $20,000 can spend an average [more...]
Date: 2009-01-15 05:47:00
Retailers to Wage Psychological Warfare
As the retail industry sifts through the rubble of its disastrous holiday shopping season, the next challenge begins: A struggle over the consumer psyche. Despite hopes for a massive economic stimulus plan under a new Obama administration in January, consumer confidence plunged to an all-time low in December [more...]
Date: 2009-01-05 11:00:58
DrumBeat: December 31, 2008
The Peak Oil Crisis: Civil Unrest Before grappling with 2009, it might be useful to remind ourselves that there is a dark side to what lies ahead ... College had released a report talking about preparing for civil unrest in the U.S. When you read the report, it turns out to be yet another warning about generals preparing for the last war. It devotes [more...]
Date: 2008-12-31 13:58:02
Michelle Malkin - Ace Reporter
Michelle Malkin, journalist par excellance, tracked down the infamous elementary school that dared to have a few kids sing the songs in this video back in February to celebrate Black History month: One wonders what would have happened had students been "coerced" into singing a song praising our former President Bush. [more...]
Date: 2009-09-29 08:32:05
Looking ahead
For Thursday: • Congress holds a joint session to count the electoral ballots for president and vice president. ( ... . • Economic reports: The Labor Department announces the latest unemployment claims; retailers report December sales results;Freddie Mac updates weekly mortgage rates, and the Federal Reserve releases [more...]
Date: 2009-01-08 02:07:47
Dull day for precious metals
Strong dollar and sliding crude price impact pricesBullion metals ended substantially lower for fourth straight day on Thursday, 15 January, ... -oil futures fell after slew of weak economic reports that hit the wires today. Crude prices ended ... and credit crisis spurred the Federal Reserve to slash borrowing costs. In the last move, the Federal [more...]
Date: 2009-01-16 02:54:00
A Look at Recessions and their Impact on Librarianship
Image courtesy of Flickr user RayBanBro66 Given the constant flood of reports comparing our current economic recession with past major recession events including the Great Depression, I want to explore the historical patterns of employment rates and salaries for librarians at times of recession and the role of libraries during recession events [more...]
Date: 2009-01-14 11:00:34
Senate, Once August Body - Mired in Muck!
Watch this and you will understand, perhaps, if you are objective why terrorists dig tunnels under homes,attachments:HamasCivillians.wmv (1992KB) also,India understands. So does a Cuban born Spanish author. (See 1 below.)How about this for proportionality - every IDF soldier killed is equivalent to 50 plus of ours. (See 2 and 2a below.) [more...]
Date: 2009-01-15 21:29:00
Obama’s Jobs Plan Doesn’t Seem to Add Up
“There is no there there,” is what famed writer Gertrude Stein aforesaid when she returned to her childhood home in the 1930s ... with employment. The jobs report is based on payrolls and reflects the number of paychecks issued each ... are not the same. An single through two jobs would be counted two times in the payroll report, but only [more...]
Date: 2009-01-16 13:50:34
A consumer complaint about Consumer Reports
This story just drips with irony! 2 ... as a home owner, it was time to become a member of the Consumer Reports website. I figured if I'm ... . So, when Consumer Reports tried to charge my annual fee, it was declined. They sent an email, I went [more...]
Date: 2009-01-12 13:57:29
State Workers Fight Over Cutbacks as States Want More From Obama
As the budget crisis deepens, state employees are fighting each other for survival. Potshots are thrown between management vs. non-management, union vs. non-union, teachers vs. everyone else. In addition, governors want $1 trillion out of a total package of $850 billion Congress is likely to send to Obama to sign. The math does not add up [more...]
Date: 2009-01-03 19:53:00
Hello and Happy New Year!
As 2008 comes to a close (where on earth did it go?), I want to take a moment to reflect on this past year ... are the people I met during my travels, both online and offline. The best thing about social network ... with folks from my pre-online life, which to me is an indicator that online networks are definitely going [more...]
Date: 2008-12-31 23:37:04
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