Bernanke Public Approval Falls To New LOW, Another Layer of the Mortgage Mess: "Zombie Notes", US taxpayers May Pay For EU Bank Losses, PIMCO On Governments As Portfolio Managers, New Derivatives Probe (15 LINKS)

Links from around the web this afternoon.

• PHOTO OF The Day - Wall Street Bull Gets Yarned
• Bernanke Public Approval Falls To New LOW - Bloomberg Poll
• Another Layer of the Mortgage Mess: "Zombie Notes" - Yves Smith
• Zuckerman: "Why the Jobs Situation Is Worse Than It Looks" - Forbes
• Retiree comes home to find belongings gone after bank forecloses on WRONG house
• US taxpayers may pay for EU bank losses
• Peter Schiff - The Lies a Fed Chairman Tells - Video
• Why Americans are so unhappy with the economic recovery - WSJ
• On Governments as Portfolio Managers - PIMCO's El-Erian
• Why The Eurozone And The Euro Are Both Doomed
• Bank's firing of top trader sparks derivatives probe - Reuters
• A Secretive Banking Elite Rules Trading In Derivatives - NYT
• FLASHBACK - FBI, DOJ refuse to investigate charges of judicial corruption
• TPM Report: Private Prisons Love Mass Incarceration, Politicians Love It Too
• Prince Charles & Robert Redford: Eco-Hypocrisy On A GRAND Scale

Comments

[TR]

ZOMBIE NOTES. What's next?

What would be a good price to offer Yves Smith for the bridge she has for sale?

[Sagebrush]

"Retiree comes home to find belongings gone after bank forecloses on WRONG house"

In Colorado we have the (Make My Day) law - which says people who use deadly force to protect themselves in their homes can't be prosecuted.

I've got an old friend with health problems who's licensed for concealed carry, if he ever came home to people ransacking his house I think he would probably shoot first and talk later.
He's a very good shot and if they survive they will be damn lucky.

[DailyBail]

http://revolutionarypolitics.com/?p=5820

Confirmed: Fullerton Cop Arrested for Stealing iPad at TSA Checkpoint

[DailyBail]

No 'him' or 'her'; preschool fights gender bias

http://news.yahoo.com/s/ap/20110626/ap_on_re_eu/eu_fea_sweden_gender_neutral_tots

[DailyBail]

Home Depot accused of violating Buy American Act

http://news.yahoo.com/s/ap/20110626/ap_on_re_us/us_buy_american;_ylt=Am5dWgj9RSn_jE8UrJlmwN5H2ocA;_ylu=X3oDMTNnN3ZlNnJmBGFzc2V0A2FwLzIwMTEwNjI2L3VzX2J1eV9hbWVyaWNhbgRjY29kZQNvZmZwemYzMHRvcDUwMHBvb2xyb3QxaARjcG9zAzEEcG9zAzEEc2VjA3luX3RvcF9zdG9yaWVzBHNsawNob21lZGVwb3RhY2M-

[DailyBail]

China eyes Canada oil, US's energy nest egg

http://news.yahoo.com/s/ap/20110626/ap_on_bi_ge/cn_canada_oil_rush;_ylt=Ai6uKfL3Xrxsk7iwcXfhJwJH2ocA;_ylu=X3oDMTNqMTZsczhmBGFzc2V0A2FwLzIwMTEwNjI2L2NuX2NhbmFkYV9vaWxfcnVzaARjY29kZQNvZmZwemYzMHRvcDUwMHBvb2xyb3QxaARjcG9zAzQEcG9zAzQEc2VjA3luX3RvcF9zdG9yaWVzBHNsawNjaGluYWV5ZXNjYW4-

[DailyBail]

Rare Billy the Kid photograph sold for $2.3 million

DENVER (Reuters) – The only authenticated photograph of infamous Wild West gunslinger Billy the Kid was auctioned off to Florida billionaire William Koch for an $2.3 million on Saturday night.

http://news.yahoo.com/s/nm/20110626/lf_nm_life/us_auction_billykid_photo;_ylt=AuiUCZ6CZ5YdDFIHZLCW0QFH2ocA;_ylu=X3oDMTNzNWt0Zm9kBGFzc2V0A25tLzIwMTEwNjI2L3VzX2F1Y3Rpb25fYmlsbHlraWRfcGhvdG8EY2NvZGUDb2ZmcHpmMzB0b3A1MDBwb29scm90MWgEY3BvcwMxMARwb3MDMTAEc2VjA3luX3RvcF9zdG9yaWVzBHNsawNyYXJlYmlsbHl0aGU-

[DailyBail]

WASHINGTON (AFP) – With a January deadline looming on a US law mandating energy efficiency standards for lightbulbs, some political forces don't want to turn out the lights.

More than a dozen Republican lawmakers are backing efforts to repeal the 2007 law that requires bulbs to consume less energy. Meanwhile Texas has enacted a law that would exempt itself from the federal requirement, and other states are debating similar legislation.

http://news.yahoo.com/s/afp/20110626/ts_afp/uspoliticsenergyenvironmentbulbs_20110626033300;_ylt=AobPFsopW3n.cDEbL1TOTjtbbBAF;_ylu=X3oDMTQyYWl0bDdsBGFzc2V0A2FmcC8yMDExMDYyNi91c3BvbGl0aWNzZW5lcmd5ZW52aXJvbm1lbnRidWxicwRjY29kZQNvZmZwemYzMHRvcDUwMHBvb2xyb3QxaARjcG9zAzkEcG9zAzkEc2VjA3luX3RvcF9zdG9yaWVzBHNsawN1c2xpZ2h0YnVsYnI-

[ETM]

People need to go to jail, but they won't because corporations are above the law. If you or I went into that man's house and cleaned it out it would be theft on a grand scale. WTF America.

[Cheyenne]

Yet another datum for fans of the ridiculous left-right puppet show, this one involving Republican Ben Benanke:

"The survey also shows a politically polarized view of the central bank chairman. Bernanke is viewed favorably by 24 percent of Republicans and unfavorably by 32 percent. Those numbers are flipped with Democrats, 36 percent of whom view him positively and 16 percent negatively."

What's hilarious is that the vast majority of the sheep who bother to track the hackneyed Repub-Dem charade haughtily dismiss pro wrestling as "fake." Not only are they suckers, but they comport themselves as if weaned on pickles. At least pro wrestling is fun.

[DailyBail]

"The survey also shows a politically polarized view of the central bank chairman. Bernanke is viewed favorably by 24 percent of Republicans and unfavorably by 32 percent. Those numbers are flipped with Democrats, 36 percent of whom view him positively and 16 percent negatively."

---

The only possible explanation of this is what you assert...that the great majority is so clueless that they think bernanke was appointed by obama (reappointed yes, but originally appointed by bush) and so clueless Dems like him and clueless GOPers dislike him...when the only real reason to like or dislike him should be his policy of wall street blow jobs, and whether one thinks that is a good or bad idea...as you and i have discussed cheyenne, only about 10% (at the most) have any idea what is actually going on in this country and the rest are just faking it...i at least give credit to the roughly 50% in both surveys who said they had no opinion, since at least they were telling the truth with their tacit admission that they knew so little about bernanke that their opinion would be meaningless...

[ios]

you think the Bernank gives a rip about how popular he is with his debt slaves? LOLOL its not what we think about criminals- its what we DO that could scare them shitless.
ACT slaves, before they yank that chain tighter.

[DailyBail]

ios...no one said bernanke cared about this opinion poll...the importance of the poll lies in gauging the mood of the public...as well as gauging its stupidity...

[TR]

It's HOT! turn the thermostat down .

http://www.npr.org/2011/06/25/137414737/among-the-costs-of-war-20b-in-air-conditioning?sc=tw&cc=share

[Cheyenne]

DB--

To amplify your point, Ratigan said it best: a lot of people understand the stock market very well, but very few really understand debt (and that's where the nitwit professor from Princeton is killing all but 0.1% of us). As for Lifetime's version of pro wrestling, i.e., the Left-Right soap opera, it's what the only game corporate serfs know and thus cling to like toddlers. You're right--the mindless association of Bernanke with Obama is what's driving that poll.

[Sheila]

Who cares what approval rating this un elected bankster has, we need to elect politicians who care about the people
and not their own pocket books!
www.placeofrefuge2012.com

[Mouser]

Fuck the Fed.
Fuck Barry.
Fuck the IMF.
Fuck Rothschild.
Fuck zionazis.