Video - Max & Stacy On Apple's Cash And Overseas Jobs - Aug. 2, 2011
A slightly different take on the bounty of Apple's balance sheet. A related story (somewhat) from Yves Smith today:
Software Outsourcer Infosys Sued for Alleged Large Scale U.S. Employment Fraud
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Video - Dylan Ratigan On Independent's Day - July 4, 2011
Corporate crapitalism.
Watch at least the first few minutes of this clip. The intro is outstanding.
New report from The Onion released last week. This is pretty funny.
The new law will remove restrictions on cigarettes, drugs, and alcohol as well as provide tax incentives for seniors who bungee jump and skydive.
Then click on any individual CDS price.
Monday evening I discussed the derivatives nightmare scenario in which the U.S. is downgraded and a default event occurs leading to payouts on U.S. CDS which could run into the hundreds of billions, given the trillions in Treasuries hedged by institutions.
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New video just released by ANONYMOUS and posted on our forums. For complete background on the murder of Sunny Sheu, see the following link:
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Whalen gets it right, while others cry in their miserable pool of panicked hyperbole.
Video - Barack Obama Campaign Promise - October 27, 2007
Stories from around the web this morning.
Carmen Reinhart, senior fellow at the Peterson Institute for International Economics, talks with Bloomberg's Tom Keene. They are joined by BNP's Julia Coronado.
Runs 7 minutes.
On the debt ceiling debate, social security and the economic outlook.
Video - Read more here. The lyrics are actually pretty decent. Most of you will be pleasantly surprised. A collaboration of libertarian Reason Magazine and Remy Munasifi.
"You're looking for some cash it's about to get heavy / I got some big ol' piles of money and guess what -- they shovel ready." Complete lyrics inside.
Aug 3, 2011 at 3:20 PM