Friday Afternoon Reading (May 21, 2010)

Excellent links this afternoon.  Big comedy mash post coming up, so check back.

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First I would like to remind our 15,000 email and RSS readers who rarely, if ever, visit the site (aren't you glad we provide full-feed rss), that we have a second page called HEADLINES where we post some of our contributor's editorials and also videos.   In addition, I have a habit of filling the comments sections of all of our stories with tons of links, some related and some not.  I read (skim) approximately 200 articles per day and most of them end up in the various comment sections.  So if you're into that sort of thing, you might want to start checking out comments.

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SPEECH -- Top Fed Official Offers Dire Forecast, Says Economy Will Suffer For Years

BLANKFEIN SPEAKS -- Goldman Sachs chief regrets TOO MUCH LEVERAGE

POLL: Should federal workers be asked to take pay cut, too?

Whatever Germany does, the euro as we know it is dead

ROUBINI SPEAKS -- Financial Reforms 'Cosmetic,' Won't Stop More Crises

Financial Reform: Wall Street Predicts 'Significant Fallout' From Bill

Another Monthly Drop In Lending By Biggest Bailed-Out Banks

Unemployment Rate Sets New Record for Las Vegas -- Almost 15%

SUB PRIME IS BACK -- For Auto Loans

Watchdog Group Freaks Out Over Deficit Comission

PAUL KRUGMAN: Japanese Style Lost Decade Looms For U.S.

Sarah Palin's New Low: Funeral Crasher

CHARLIE ROSE Interviews Maria Bartiromo

POOR PONZI SCHEMER -- Jail Has Reduced Allen Stanford To A Depressed, Half-Blind, 'Wreck Of A Man,' Says Lawyer

Mexican President Admits to having the same immigration policy as Arizona (WATCH -- starting at 4 minute mark -- tip to Zara for this clip)

Comments

[DailyBail]

`There's No Money Left,' U.K. Minister Learns From Predecessor

http://preview.bloomberg.com/news/2010-05-17/u-k-has-no-money-left-treasury-minister-learns-from-predecessor-s-note.html

[DailyBail]

The Extreme Frustration Of Unemployed Americans

http://theeconomiccollapseblog.com/archives/the-extreme-frustration-of-unemployed-americans

[DailyBail]

Bankers Confirm Wall Street's Barbarianism

http://english.caing.com/2010-05-17/100144355.html

[DailyBail]

BY MEREDITH WHITNEY

The next several weeks will be critically important for politicians, regulators and the larger U.S. economy. First, over the next week Capitol Hill will decide on potentially game-changing regulatory reform that could result in the unintended consequences of restricting credit and further damaging small businesses.

http://online.wsj.com/article/SB10001424052748703460404575244394011199892.html?mod=WSJ_hpp_sections_opinion

[DailyBail]

A Look Back From 2013: How The Bailout Of Greece Caused The Split Of Europe

http://www.businessinsider.com/a-look-back-from-2013-how-the-bailout-of-greece-caused-the-split-of-europe-2010-5#ixzz0oag3JVzq

[Zarathustra]

"If (South Korea) tries to deal any retaliation or punishment, or if they try sanctions or a strike on us .... we will answer to this with all-out war," he told APTN.

[S. Gompers]

"POLL: Should federal workers be asked to take pay cut, too?"

Funny how the answers to the poll do not get to the root of the problem...

Layoff civilian workers

Freeze civilian workers' pay

Cut civilian workers' pay

None of the above. I am opposed to layoffs, pay cuts or freezes

Why not pay all Federal workers minimum wage since they do nothing to build America, only to tear it down.

[S. Gompers]

Besides, think of all the tax money it will save... Shit we can't do that, they are divinely inspired.

[S. Gompers]

He moved on to the cowards with no balls loan company that keeps posting here;


I propose not to hold off until you earn enough amount of money to buy all you need! You can just get the <a href="http://lowest-rate-loans.com/topics/business-loans">business loans</a> or just credit loan and feel yourself fine

May 22, 2010 | Unregistered CommenterJessieKirkland29

The names keep changing, but look at the writing.

[Zarathustra]

I WISH WE HAD JOHN MCCAIN TO DEAL WITH THIS SITUATION.

The officials said they were increasingly convinced that Mr. Kim ordered the sinking of the ship, the Cheonan, to help secure the succession of his youngest son.

“We can’t say it is established fact,” said one senior American official who was involved in the highly classified assessment, based on information collected by many of the country’s 16 intelligence agencies.

[S. Gompers]

Gobie, McCain will avoid that area of the world like the plague, in case any of the POW/ MIA's that were held after the police action for reparations were to "appear". He has spent a lifetime trying to bury this issue, they did this to the French as well, but they paid the ransom to get their prisoners back.

Nixon (R) approved reparations in the "peace" agreement

Neither party wants this info to surface as it would obviously be very politically damning to all herd leaders of both herds and their "legacies" since the action ended. Especially those who have worked so hard to bury it, like Mr. McCain.

http://www.nationinstitute.org/p/schanberg09182008pt1

http://www.freerepublic.com/focus/f-news/1956209/posts

Palin would have wanted to build a bridge, and then deny it.

http://www.usatoday.com/news/politics/election2008/2008-08-31-palin-bridge_N.htm

[Zarathustra]

Krauthammer: This Administration is Lawless

http://www.youtube.com/watch?v=Cj7Kp5ZJL70

Good points so you will only see it here.

[DailyBail]

thanks for the history lesson gompers...terrific reading...

zara...i agree with krauthammer...

[DailyBail]

Why not pay all Federal workers minimum wage since they do nothing to build America, only to tear it down.

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no argument from me...