Economy
March 22nd, 2010
(Bloomberg) – Obama Pays More Than Buffett as U.S. Risks AAA Rating (Update3)
The bond market is saying that it’s safer to lend to Warren Buffett than Barack Obama. Read More Here
(ZeroHedge) – Underemployment At Record 20% According To Gallup
Just in case anyone needed confirmation that the DOL data is just a little, how should we say it, cooked, here comes Gallup with their March 15 undermployment number, which just hit a 2010, and series, high of 20%. Read More Here
(NYTimes) – A Ruinous Meltdown
A story that is not getting nearly enough attention is the ruinous fiscal meltdown occurring in state after state, all across the country. Read More Here
Video: Gerald Celente Interview by Helen Skopis of Athens International Radio – Audio Link Here
(ZeroHedge) – “Passage Of The Healthcare Bill Means The Double-Dip Is Coming” – Market Insight From Permabull Jim Cramer Who Just Turned Bearish – Tyler Durden
Jim Cramer may be in hot water with the SEC over his theStreet.com, and he may be a mouthpiece for the biggest ponzi enabling organization the developed world has ever seen, however, he did have some interesting and spot-on observations on the just passed health care bill. In a nutshell, and for once we agree with Cramer, if futures are not limit down right now, it is because of the same bidding hand that has kept the market going straight up at a 30 degree angle for the past year. Read More Here
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