He is not dropping out as ABC is reporting. They wish for it, ofcourse.
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The Huffington Post- ZP Heller: Juan Cole on Iranian Protests and the Reform Movement's Future July 9, 2009
- Walden Bello: Keynes: A Man for This Season? July 9, 2009
- Jonathan Kim: ReThink Review: Bruno -- Das Ist Offendzen You, Yah? July 9, 2009
- Brazilian President Gifts Obama Signed Soccer Jersey July 9, 2009
- Giles Slade: Back To School Kindles July 9, 2009
- Avital Binshtock: Self-Care = Earth Care July 9, 2009
- Leonard Zeskind: After the July 4 Tea Parties, What Do They Mean? July 9, 2009
- New York Times Considers $5 Monthly Online Subscription Fee July 9, 2009
- Colleen Perry: Plagued by an Inner Critic July 9, 2009
- Jodie Evans: It's Not Science Fiction July 9, 2009
- Ludwig von Mises Institute
- Books, Free and Unfree July 9, 2009The Stanford Renewal Database has done what the U.S. Copyright Office could somehow not do: it has produced a database of copyright renewals so that people can know what is available to post and what is not available. I'm going through older books and habitually creating two stacks. For those not renewed, free for the world, to be become part o […]
- Menger Fishing and (eventually) hundreds of other photographs July 9, 2009This is one of hundreds that are being posting the Community Album under Austrian Economists.
- It's Discrimination! July 9, 2009If there were a prize for the most boneheaded thing that one hears very frequently, it would have to be the astonishment and revulsion that is commonly expressed at the existence of discrimination. You are likely to have heard this horrified expression before: "It's discrimination!" Heavens above! Alert the authorities! FULL ARTICLE […]
- 75 Years of Housing Fascism July 9, 2009In terms of the unforeseeable and destructive effects of government regulation, it's difficult to find a better example of a time bomb: it was set in 1934 to explode in $147 billion (about $239 billion in 2008 dollars) of damage 55 years later.[8] Then, to top it all off, the free market received the blame! While the establishment Left is certa […]
- Where's Her Bailout? July 9, 2009Carol Joynt has operated Nathans restaurant in Washington's Georgetown neighborhood since inheriting the place from her late husband in 1997. After years of struggling to keep the business afloat in one of the world's most rabidly anti-wealth producing regimes, Nathans will close on Sunday after 40 years. Sadly, Joynt reports that Nathans […]
- Books, Free and Unfree July 9, 2009
- Lew Rockwell Blog
- Ron Paul: Fed ‘Independence’ = Fed Secrecy(Thanks to Herman Mayfarth)
- Ron Paul vs. Fed Vice(Thanks to Minnesota Chris)
- re: What Kind of Libertarian Are You?Stephan, these detailed taxonomies, which seem a hobby with the Beltway crowd, are just sand in the eyes. There are only two kinds of libertarian, much as they would like to obscure it: Rothbardian and non-Rothbardian. But even that can be a distraction in our everyday work. As Murray noted--minarchist ...
- Senator Schiff?Peter Schiff has set up an exploratory committee for a run against Sen. Chris "the Crook" Dodd. Writes Peter: As you know, I have been seriously considering running for U.S. Senate against Chris Dodd. Everywhere you turn there is evidence of just how bad our economy is getting. Growing unemployment, families that ...
- Honoring the Thief in His Stolen MetalSo the New York Times, propagandist for FDR's confiscation of privately owned gold then and now (and every other government crime), has the gall to sell a gold ingot (weight unmentioned, as typical of a slippery operator, and the height is given in millimeters rather than the comprehensible inches, also ...
- Ron Paul: Fed ‘Independence’ = Fed Secrecy
- Lew Rockwell.com
- Gold and Gold Stocks
- Towards a Soviet America
- Kane's Counter
- The Tyranny Index
- Broken Links in a Chain Letter on Illegal Immigration
- Get Out of Afghanistan Too
- 'We Misread the Economy' and Other Lies
- Signs of the Double-Dip Depression?
- Oppose Obama
- Is Iceland the Future of the World?
- Want To Avoid Knee Surgery?
- Meltdown at the World's Richest University
- Forex Blog
- Inflation Update: US Prices Creep up in May July 8, 2009The debate over US inflation continues to be waged- in academic circles, among economists, and in the financial markets. There is no still no clear consensus as to the likelihood that the inflation will flare up at some point, as a result of the Fed’s easy monetary policy and the government’s record budget deficits. While [...]
- Interview with Sean Hyman: “Trade with the trend” July 7, 2009As part of our ongoing series, printed below is an interview with Sean Hyman, of World Currency Watch. [Blog found here]. Sean has collected over 15 years of experience as a stockbroker, manager, and trader, working for enterprises as varied as a technical analysis “call in” line for their million dollar+ clients and active traders, [...]
- Forex Reserve Growth Could Slow July 6, 2009Most of the recent discussion surrounding foreign exchange reserves has focused on the allocation of those reserves; specifically, whether or not these reserves will be invested in Dollar-denominated assets to the same extent as before. But what if this discussion fails to see the forest through the trees? In other words, this issue is built [...]
- Will the Euro Survive the Credit Crisis? July 3, 2009The Euro has always had a marginal group of naysayers; there were always those who insisted that a common currency didn’t make sense for a region as diverse as the EU. As a result of the credit crisis, a bevy of critics have come out of the woodwork and declared that the Euro will not [...]
- Interview with Zachary Storella: “Be quick and agile.” July 3, 2009Today, we bring you an interview with Zachary Storella of Counting Pips. He is a self-professed “independent forex trader and blogger.” Forex Blog: CountingPips purports to offer investors “Forex Trading and Currency Information,” so I would would like to begin by asking you to outline what you perceive to be the most important theme […]
- Inflation Update: US Prices Creep up in May July 8, 2009
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- Mish’s Global Economic Trend Analysis
- Food-Stamps Reach $33.8 Million in April, 5th Consecutive Monthly Record July 9, 2009The record hit parade keeps right on rolling.Earlier today, in Continuing Claims Soar by 159,000 to New Record; Initial Jobless Claims Skewed By Autos I noted The peak in initial claims might be in but the peak in unemployment has not. Moreover, reported continuing claims hit 6.883 million, setting a new all time record.However, the real number of continui […]
- Continuing Claims Soar by 159,000 to New Record; Initial Jobless Claims Skewed By Autos July 9, 2009The peak in initial claims might be in but the peak in unemployment has not. Moreover, reported continuing claims hit 6.883 million, setting a new all time record. By the way, the real number of continuing claims is closer to 9.4 million as detailed below.Please consider the Department of Labor Weekly Claims Report.Seasonally Adjusted DataIn the week ending […]
- Craig Roberts, Former Assistant Treasury Secretary has interesting comments on the bailouts, the dollar, and Goldman Sachs July 9, 2009Here is an interesting clip from a very outspoken Former Assistant Treasury Secretary on the bailouts, the dollar, and Goldman Sachs.....Craig Roberts: Bank bailout was a fraud and it won't succeed. Don't know what sort of stupidity the Treasury Secretary and the Federal Reserve will resort to next.Max Keiser: Quick question. What should the Treasu […]
- Geithner Lies Again as PPIP Prepares for Launch July 8, 2009Geithner is back at it, and this time it appears the PPIP will manage to launch, mysteriously without PIMCO as noticed by Calculated Risk.Please consider the Joint Statement on the PPIP Legacy Asset, Securities, and Loan Programs by Secretary of the Treasury Timothy F. Geithner, Chairman of the Board of Governors of the Federal Reserve System Ben S. Bernanke […]
- States Use Stimulus Money for Short-Term Needs July 8, 2009The Government Accountability Office, finds that the $787 billion stimulus package is being used to "cushion" state budgets, prevent teacher layoffs, make more Medicaid payments and head off other fiscal problems.Gee, who woulda thunk?Please consider States Using Stimulus Money for Short-Term Needs, Audit Shows.Cash-strapped states have used federa […]
- Food-Stamps Reach $33.8 Million in April, 5th Consecutive Monthly Record July 9, 2009
- Calculated Risk
- Condo Association Files Bankruptcy July 9, 2009This might be the start of a number of condo / homeowner associations filing bankruptcy because of the housing bust ...From the Daily Business Review: Bankruptcy: $1 million debt sends condo association into Chapter 11 (ht Soylent Green is People) Facing almost $1 million in claims by unsecured creditors, a troublesome recreational lease, and at least 100 un […]
- Treasury Working on 'Plan C' July 9, 2009From the WaPo: Treasury Works on 'Plan C' To Fend Off Lingering Threats ... the Treasury Department has assembled a team to examine what could yet bring it down and has identified several trouble spots ... Informally known as Plan C, the internal project is focused on vexing problems such as the distressed commercial real estate markets, the high r […]
- Charity: Mortgage Pig Wear Closeout July 9, 2009CR note: This is from Tanta's sister Cathy. For new readers, to find out about Tanta, please see Tanta: In Memoriam. Also see The Compleat UberNerd for some of her incredible articles. I really enjoy my Mortgage Pig sweatshirt! Thanks to everyone for your support, CRThe Last of the Mortgage Pig WearThank you all for your orders – we raised $3,700 and ho […]
- Hotel RevPAR off 13% July 9, 2009Note: This report included a holiday weekend. Since vacation travel is holding up better than business travel I'd expect year-over-year RevPAR (and occupancy rate) to be off less than earlier this year for the summer months and especially for holiday weekends.From HotelNewsNow.com: STR reports U.S. hotel performance for week ending 27 June 2009 In year […]
- Lawmaker: "The CRE time bomb is ticking" July 9, 2009From Dow Jones: US Lawmakers Sound Alarm About Commercial Real Estate Market "The commercial real estate time bomb is ticking," Joint Economic Committee Chairman Rep. Carolyn Maloney, D-N.Y., said in opening remarks to a hearing before her panel Thursday.U.S. Sen. Sam Brownback, R-Kansas, said he was distressed about the situation the industry is […]
- Condo Association Files Bankruptcy July 9, 2009
- Zero Hedge
- Citadel Joins The Program Trading Industrial Espionage Fray, Sues Malyshev And Teza July 9, 2009The gloves are now completely off in the escalating program trading fiasco that was started by Goldman's former Sergey Aleynikov. Oddly, while Zero Hedge was fully expecting the Teza injunction to come from Goldman, it seems Griffin was more than happy to burden himself with that task. Hopefully Citadel is not faced with a case of reverse discovery and […]
- 30 Year Auction A Dud July 9, 2009- Yields 4.303% vs. Exp. 4.292%- Bid to cover 2.36 vs. Avg. 2.54 (Prev. 2.68)- Indirects 50.2% vs. Avg. 47.73% (Prev. 49.09%), and who the hell knows if the fudged definition includes any interest from the Red Queen and other denizens of the Land of the Looking Glass. - Allotted at high 67.88%
- Live Webcast On Fed Independence July 9, 2009House Committee On Financial Services hearing on Regulatory Restructuring: Balancing the Independence of the Federal Reserve in Monetary Policy with Systemic Risk Regulation.Here is the link with all the prepared testimony.Panel OneMr. Donald L. Kohn, Vice Chairman, Board of Governors of the Federal ReservePanel TwoDr. Frederic Mishkin, Alfred Lerner Profess […]
- Bank Of America Amazed By Goldman's "Unmatched Risk-Taking/Risk-Management Skills" July 9, 2009The lately abnormally notorious Goldman Sachs received a little pat on the back today compliments of Bank Of America and its analyst Guy Moszkowski, who in a report published this morning announced his expectation of an "unexpected" Q2 surprise (quick, someone find the next big counterparty that Goldman shorted and also has several tens of billions […]
- Former US Assistant Secretary Of The Treasury: "Geithner Works For Goldman" July 9, 2009Max Keiser: "Does the US Secretary of the Treasury work for the people or does he work for the banking system on Wall Street?"Dr. Paul Craig Reports: "He works for Goldman Sachs."Hat Tip EW, Max Keiser and Mish.
- Citadel Joins The Program Trading Industrial Espionage Fray, Sues Malyshev And Teza July 9, 2009
- Minyanvile
- Dumpster-Diving for Fun and Profit July 9, 2009Right at this moment someone at the Harvard School of Business is probably writing a case study on eBay’s (EBAY) effect on the vast world of underground treasure-hunting. When collectors and bargain-hunters gather in the real world they talk endlessly about how the market for this or that collectible category has soared or crashed due to the success o […]
- Answers: The Invisible Hand Stand! July 9, 2009While I learned to trade an assimilation off four primary metrics—fundamentals technicals structural and psychology—do we need to add a fifth dimension in the form of an invisible hand? Were you really that surprised that a mysterious bid appeared yesterday into close and kick-saved the day? I know I know I’m a conspiracy theorist right? O […]
- Two Ways: Alcoa Beats Estimates, Stays Afloat July 9, 2009Alcoa Kicks Off Earnings Season Let the games begin. Alcoa (AA) kicked off earnings season yesterday after the bell. The big blue chip aluminum maker reported a loss of $0.26 a share for the second quarter which was 12 cents better than consensus estimates. Revenues fell 41.4% year-over-year to $4.24 billion above estimates of $3.93 billion.In a statement t […]
- Shaw Group Seeks Nuclear Winner July 9, 2009
- Two Ways: Rio Tinto Steeling China's State Secrets? July 8, 2009The Rio Tinto (RTP) employee being held by Chinese authorities has been accused of espionage. According to the Wall Street Journal Stern Hu general manager of Rio’s iron-ore division in China has been accused of stealing state secrets.So far there isn’t much word from the Chinese government. But Australian Foreign Minister Stephen Smith said the […]
- MV Weather Report: Rising Sun for the Yen July 8, 2009We haven’t had a trading day like this in some time: Traders who bought the 2-month trading range sold into today's panic bonds and the yen rallied crude oil sold off again -- and did I mention that the market as a whole rallied late in the day to close unchanged?Here's the play-by-play: Let’s start with the range buyers. From May to J […]
- Why Apple Has Nokia Running Scared July 8, 2009Nokia (NOK) -- the world's leading cellphone manufacturer -- is in peril. According to analysts at Generator Research the company could wind up a distant second to a competitor's wildly popular hysterically coveted touchscreen phone which appeared just 4 years ago.Care to guess which competitor that might be?Right -- it's Apple (AAPL). Genera […]
- Porn Shooting Blanks July 8, 2009"Regrettably it's true standards have fallen in adult entertainment. It's video Dude. Now that we're competing with amateurs we can't afford to invest that little extra in story production value feeling. People forget that the brain is the biggest erogenous zone."- Jackie Treehorn The Big LebowskiIt seems there's no escapi […]
- Ten Ways to Score Your Dream Apartment July 8, 2009The downbeat economy is good news for renters.Nationwide vacancies rose to the highest level in 22 years climbing to 7.5% up from 6.1% a year ago. This means rents are still falling as landlords scramble for tenants.Apartments in new buildings continue to become available adding to the market glut and forcing rents down in some areas or at least moderating […]
- In Money, How Much Is Enough? July 8, 2009I discuss the importance of risk management so frequently that I'm sure some readers are tired of hearing about it. On the other hand I get plenty of emails thanking me for spending so much time on the topic.When I write about risk I'm looking at it from the point of view of taking care of a current position or portfolio. The goal is to be as cert […]
- Dumpster-Diving for Fun and Profit July 9, 2009
Not just ABC, but FOX Noise and many others are reporting this too.
But he’s still fighting! See:
http://www.youtube.com/watch?v=n1dPkPUtfa8
Bam! Take that liberal media! Ron Paul is not backing down!