Neil Barofsky: Geithner Doctrine Lives on in Libor Scandal
• nakedcapitalism.com/Now that Tim Geithner has resigned as US Treasury secretary, it is time to survey the damage wrought from four years of his approach to the financial crisis.
Contents Pages by Subject
Economy - Economics USA
DAVID WOO: The 'Moment Of Truth' For The US Economy Is Approaching In Just The Next Few Week
• Business InsiderYesterday at Bloomberg we got the chance to meet David Woo, BofA/ML's brilliant strategist for Global FX and rates.
Rich Californians Are Fed Up With The State's Crazy Taxes –– Here's Where They Should Move
• Business InsiderSome of the wealthiest Californians are threatening to pack up and leave over a newly adopted federal and state income tax hike.
Ron Paul's Dire New Warning
• Daily Paul.com“Harper rightly notes that E-Verify is in fact a national ID card, writing last week that, ‘the system must biometrically identify everyone who works—you, me, and every working American you know.
Treasury Department Issues Emergency Recall Of All US Dollars
• Daily Paul.com
Why Our Food Is Making Us Fat
• Daily Paul.comThe story begins in 1971. Richard Nixon was facing re-election. The Vietnam war was threatening his popularity at home, but just as big an issue with voters was the soaring cost of food.
Robert Shiller Destroys The Idea Of Investing In A Home
• Business InsiderRobert Shiller, the Yale economist who nailed the housing bubble before it burst, was on Bloomberg Television with Trish Regan on Wednesday afternoon to discuss the U.S. housing market.
Jim Rogers on Fed Easing? ‘This is going to end very very badly’
• http://www.opencurrency.comJim discusses Germany’s repatriation of gold and the questionable response of and 8 year timeline by the United States to return the gold. Fed Easing and the effects on those who invested properly vs. those who benefit from printing money.
TreasuryYield30Years (^TYX)
• finance.yahoo.comTreasuryYield30Years (^TYX) -Chicago Options 3.1810 0.04(1.24%) 3:28PM EST Add to Portfolio.
The Post Office Will Stop Delivering Mail on Saturdays Beginning in August
• slate.comThe U.S. Post Office is expected to announce later this morning that it will end weekend mail delivery beginning this summer.
Unused Office Space Is Like A Massive Untapped Natural Resource
• Wired.comIt’s out there, though it’s not easy to see: Empty desks, vacant conference rooms, unoccupied office parks.
Housing Optimism Premature.
• arclein– you have to drive for 45 minutes to get there from your job. And the idea has gone, well it’s not gone, but it’s diminished – that this would be a good investment. So the latest data, ever since the crisis, almost all new housing has been rental. N
MEET THE 'ECHO BOOM': The 80 Million People Who Will Save The American Economy
• Business InsiderThe Great Recession may have delayed the plans of many recent college graduates.
Wealthiest US colleges suing students over default loans
• http://chrisinmaryville.net/Graduate student borrowers are defaulting on almost US$1 billion in federal loans that were given out to the poor. US colleges such as Yale, Penn State and George Washington are coming after them in the courts, suing for nonpayment. All three col
Even The Savviest Finance Folk Have Never Heard Of This $17 Trillion Credit Market
• http://www.businessinsider.com, Walter KurtzIt turns out that the biggest financing market is not in corporate bonds or even mortgages.
5 Companies Make A Crazy Amount Of Stuff In Your House [Infographic]
• popsci.comPepsiCo makes Quaker Oats, Nestle makes Hot Pockets, and 58 other company-brand relationships.
Peter Schiff: Retirement Will One Day Soon Be As Rare As Single Income Households
• Daily Paul.comPeter Schiff: Retirement Will One Day Soon Be As Rare As Single Income Households
Revolving Zombies
• The Daily BellThe defining characteristic of a zombified system is the way it hands out its rewards.
Chicago Police Changing Response Plan For Some 911 Calls
• chicago.cbslocal.comStarting this week, Chicago police are changing their responses to 911 calls. They’ll no longer come right away to reports of things like criminal damage to property, vehicle thefts, garage burglaries, or other crimes in which the suspect is no longe
Consumers Taking Financial Hit From Rising Fuel Prices
• cnbc.comConsumers have been spending more on gasoline than they have in nearly three decades.
Real Employment Continued Contraction
• arcleinBack in 2007, more than 146 million Americans were employed. Today, only141.6 million Americans are employed even though our population has grown steadily since then. When the government and the media tell you that we are in a "recovery"
Obama: Jobs Destroyer
Stephen Lendmanjobs
Escape From America
• Lewrockwell.comOr at least get your money out. Doug Casey interviews Peter Schiff
Breaking the Chains of Debt Peonage
• Common DreamsThe corporate state has made it clear there will be no more Occupy encampments.
Weak Economy, Wrong Debate
• Common DreamsWhat is it with this economy? The Dow hits 14,000, the unemployment rate rises in January, and GDP actually falls in the last three months of 2012.
The Paranoia of the Superrich and Superpowerful
• Common DreamsWashington’s Dilemma on a “Lost” Planet Does the United States still have the same level of control over the energy resources of the Middle East as it once had?
"Lights Out" Caption Contest
• zerohedge.comSomeone, somewhere will surely blame the upcoming Q1 GDP miss on what just happened in New Orleans.
World's Biggest Retirement Fund Considers Selling Its Japanese Bonds
• zerohedge.comWhile in the past 3 months both the USDJPY and the Nikkei index have soared on the same vague mix of promises (than can never be delivered), and threats (by central bankers, which work only as long as they remain purely abstract and are not acted upo
Bankrupt, Decaying And Nearly Dead: 24 Facts About The City Of Detroit That Will Shock You
• theeconomiccollapseblog.comIf you want to know what the future of America is going to be like, just look at the city of Detroit.
Gas Prices Heading Up Again
• CBS News (video)Hold on to your wallets: we are in the middle of a gas price spike, and experts say it will only get worse. CBS 2′s Courtney Gousman learned several factors might push the price in our area to more than $4 a gallon.
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