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Tuesday
Jun082010

Fed President Richard Fisher Slams The Obama-Summers Approach On TBTF Banks Calling It 'Financial Dementia'

Richard W. Fisher, President of the Federal Reserve Bank of Dallas:

Financial Reform or Financial Dementia?

Remarks at the SW Graduate School of Banking 53rd Annual Keynote Banquet.

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I urge readers to take the time to read this entire speech.  It's that good.

Click to read more ...

Tuesday
Jun082010

Tuesday's Essential Stories (June 8, 2010)

Updated on Jun 8, 2010 at 6:10 PM by Registered CommenterDailyBail

Same deal as yesterday.  Give me 30 minutes or so to get them placed.  I've got more than 150 tabs open and I can't post them in comments until this story is published.  Newsosaurus catch 22.

Our 15,000 RSS readers and daily email recipients will have to visit the site to see today's links.  To save time, I am placing all the links in comments below.  They are in no particular order.

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Click HERE to see the articles (49 Total)  >>

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Click to read more ...

Tuesday
Jun082010

BUSTED: U.S. Debt to Overtake GDP in 2012? (WATCH)

Video:  FBN’s Liz MacDonald on deficits, spending and interest on the debt -- June 7

Click to read more ...

Monday
Jun072010

Instead Of Passing A Budget, Congress Is...? (MUST SEE)

Monday
Jun072010

DEBT PARTY USA -- $13 Trillion National Debt Poised To Overtake GDP; Obama Increasing Debt At 3X The Rate Of Bush

Updated on Jun 7, 2010 at 4:20 PM by Registered CommenterDailyBail

The federal debt is now growing by $5 billion each and every day.

Don't let the headline fool you.  Both parties are to blame.  Republicans have proven equally adept at stealing your children's future.

Click to read more ...

Monday
Jun072010

Obama's Words: "I Sought Out Marxist Professors" (LISTEN)

Updated on Jun 7, 2010 at 2:29 PM by Registered CommenterDailyBail

Video:  Barack Obama reading for an audio book version of his biography Dreams of My Father

  • "To avoid being mistaken for a sellout, I chose my friends carefully: the more politically active black students, the foreign students, the Chicanos, the Marxist Professors and structural feminists and punk-rock performance poets."

UPDATE:  Three more clips added, including an amusing song about Obama.

Click to read more ...

Monday
Jun072010

Gallup Poll: Federal Debt Now Considered #1 Threat To U.S.

Considering I've been worried about deficits since 1987, this means a lot to me.  And it's a huge part of the reason I launched the Daily Bail.  Above everything else, creating awareness of the economic peril of our failed debt, deficit and spending policies and looming fiscal nightmare with $60 trillion in unfunded liabilities, has been my primary goal. 

So this is another small victory on the way to fiscal sanity and sustainability.  Woot.  Woot.  Couple of sobering clips from David Walker inside.  Grab your board, here comes a fiscal tsunami.

Click to read more ...

Monday
Jun072010

FTC Chairman: "Most frat houses have better record keeping than Countrywide" (Settlement Announced)

And former Countrywide CEO Angelo Mozilo remains a free man, despite allegations of criminal conduct.

Click to read more ...

Monday
Jun072010

Monday Afternoon Reading (U.S.S. National Debt Photo)

The U.S.S. National Debt appears to be sinking.

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Our 15,000 RSS readers and daily email recipients will have to visit the site to see today's links.  To save time, I am placing all the links in comments below

They are in no particular order.  I've placed 34 links so far.  Taking a break to publish a few stories.  Will continue adding links later.

Click to read more ...

Monday
Jun072010

DEFICIT DEBATE -- Krugman & Delong Vs. Niall Ferguson: Do We Need Another Stimulus?

Monday
Jun072010

FUTURE BAILOUT -- Mortgage Mystery At The FHA

Updated on Jun 7, 2010 at 12:58 AM by Registered CommenterDailyBail

Click to read more ...

Saturday
Jun052010

Wasilla Stalker: Sarah Palin Defended By Bill Maher & Van Jones (HBO's Real Time - WATCH)

Video:  Van Jones, Andrew Sullivan, Katrina Vanden-Heuvel on Real Time with Bill Maher -- June 4, 2010

Funny clip.  Runs 2 minutes.

Click to read more ...

Saturday
Jun052010

'She's Really Disgusting': Rabbi Who Interviewed Helen Thomas Says 'It’s Time' for Her to Go (WATCH)

Saturday
Jun052010

A Victory For Sanity & Reason (And Your Kids), A Big Fat Loss For Keynes & Krugman

Updated on Jun 7, 2010 at 1:01 AM by Registered CommenterDailyBail

Click to read more ...