Afternoon Links (July 2, 2009)
Big Government and the 4th of July
A Declaration of Independence from Big Government (history lesson)
Congress Continues Abusing the Public Purse
SEC Staffer Warned About Madoff But Was Ignored
Morgan Stanley Likely to Post Loss from Taking Less Risk
Golfer Vijay Singh Finally Stops Wearing Stanford Financial Logo
Big Pay Packages Are Back on Wall Street
Treasury to Announce 9 Managers for Toxic PPIP Plan
Justin Fox on The Daily Show with Jon Stewart
12 more links inside
Student Loan Nightmare Scenario for One Man
Will Clueless Keynesians Ever Shut Up?
Dennis Kneale Takes on Zero Hedge...And Fails
The Financial Lobby Keeps Fighting and Winning
Banks Are Adding Toxic Assets to Game the PPIP
Robert Reich: Put An X Through Visions of Recovery
Obama Hints at Second Stimulus
Of Course California Politicians Will Not Be Paid By IOUs...just everyone else
Actor Alec Baldwin Weighs In On Madoff Sentence
FDIC Proposes New Rules For Investments in PPIP
Banks Raise Fees to Offset Losses
Must See: The National Debt Road Trip (extremely important clip)
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Reader Comments (2)
http://www.marketwatch.com/story/fdic-chills-private-equity-bank-bidders
Seven banks bring 2009 U.S. failures total to 52
Six Illinois banks go under; day's tally on insurance fund more than $300 million
http://www.marketwatch.com/story/illinois-banks-become-46th-47th-48th-failures
Home prices have further to fall
http://www.cnbc.com/id/31713614
http://www.playboy.com/articles/raging-bulls/index.html?page=1