[email_link] Another stimulus-backed solar panel maker, one the president touted in a weekly radio address, is filing for bankruptcy. The administration’s green-energy efforts continue to grow a deeper shade of red. After receiving some $70 million in federal loans, Abound Solar, a Colorado-based firm that was developing thin-film solar panels, has announced it will follow…
[email_link] Yes…there for the little guy. But first, let’s take care of our buddies, our friends, our ex-staffers. The unreported corruption continues…and we continue to tell you, the supine, lapdog, paws in the air, tongues wagging, even more corrupt mainstream media refuses to report the hundreds of billions of your taxpayer dollars used as a…
I am traveling the first part of today…so will be on plane when the fake jpb’s number comes out as well as the reaction. Market helped by retail yesterday as semis,commods and financials felt pressure. In retail, dollar discount stores held support off of ROST comps…DLTR and ROST came right off the 50 day….
[email_link] Officials have already drafted 13,000 pages of new regulations for the new ObamaTax law. FOX News reported: With the Supreme Court giving President Obama’s new health care law a green light, federal and state officials are turning to implementation of the law — a lengthy and massive undertaking still in its early stages, but already…
[email_link] THERE IS NO MANIPULATION. JUST ASK THE MANIPULATORS! LONDON—A day after abruptly resigning amid a mushrooming scandal over interest-rate manipulation, former Barclays PLC chief Robert Diamond on Wednesday was assailed by British lawmakers for the bank’s actions, in a preview of the scrutiny likely to lie ahead for other big lenders that are under…
[email_link] Greetings from the Island of Capri, just off the Amalfi Coast of Southern Italy. Almost done with the Kaltbaum family annual 17 day summer trip. Been to Venice, Rome, Paris and all around the Greek Islands. As usual, I have a few things on my mind. In no particular order: Been watching a lot…
[email_link] Approximately 200,000 Britons own second homes in areas such as the Dordogne and other parts of France, particularly those serviced by budget airlines. Now, however, holiday home owners find themselves in the sights of President François Hollande as he seeks to tax the better-off to reduce France’s large budget deficit. On Wednesday (July 4th), the…
[email_link] Taking from the producers…giving to the middlemen (government) who then spend it inefficiently leading to worsening conditions all around. Hmmm! What other country is looking to follow this insane lead? Read this: http://www.ft.com/intl/cms/s/0/35a28e78-c5c8-11e1-a5d5-00144feabdc0.html#axzz1zlU3LAVe AND WILL JUST LEAD TO THIS: http://www.ft.com/intl/cms/s/0/b4f1ba84-c5c1-11e1-a5d5-00144feabdc0.html#axzz1zlU3LAVe Continued SOURCE: http://www.ft.com
Just a short note because I am in travel mode right now and had not much of a chance to look things over. ECB cut rates as expected…heading to 0% just like us. China also cut rates second time in a month….HMMMM! I thought China was the end-all-be-all. Tomorrow…another fake job’s number…yippee. Markets short term…
[email_link] If you’re reasonably literate about the financial crisis, you probably know that the credit rating agencies have slipped through the carnage like a cat walking away from a knocked-over vase. With their opinions on publicly offered mortgage-backed securities protected by the First Amendment, Standard & Poor’s and Moody’s have won dismissals of the vast…
