Moody's Responds To Draghi: "The ECB Can Do No More Than Buy Time" (LINKS)

Video: Dust storm overtakes Phoenix yesterday

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Comments

[LiberatedCitizen]

Regarding the ECB what's geithner doing in Germany???

http://www.economicpolicyjournal.com/2012/07/why-is-geithner-in-germany.html

The dust storms remind me of the dust bowl and the depression I so often heard about from my Grandparents seems like History is repeating itself complete with some of the same old players

The Justice Department’s MF Global Scandal Dates to 1932

http://www.bloomberg.com/news/2012-07-27/the-justice-department-s-mf-global-scandal-dates-to-1932.html

Corn Jumps to Record as Worst Drought in Decades Hurts US Crop

http://www.moneynews.com/Markets/corn-prices-drought-food/2012/07/30/id/446974

The Ethanol Chickens Come Home to Roost

http://madisonproject.com/2012/07/the-ethanol-chickens-come-home-to-roost/

US farmers urge Obama administration to suspend ethanol quota amid drought

http://www.guardian.co.uk/world/2012/jul/30/farmers-obama-administration-ethanol-drought?newsfeed=true

hmmm still worried about bank runs

Banks Urge Congress to Extend Crisis-era Deposit Insurance

http://www.moneynews.com/FinanceNews/Banks-Congress-Deposit-Insurance/2012/07/30/id/446929

Fed's way of forcing everyone into the market for the next big crash?

What If There Was No Cash?

"The reason this is a relevant thought-experiment is that the New York Fed, in a little-covered report issued last week, has recommended that investors in money market funds be prohibited from withdrawing 100% of their funds without significant advance notice. "

http://seekingalpha.com/article/760001-what-if-there-was-no-cash

Related (propaganda? or political since Romney said he would get rid of Ben)

Fed Weighs Cutting Interest On Banks’ Reserves After ECB Move

http://www.bloomberg.com/news/2012-07-30/fed-weighs-cutting-interest-on-banks-reserves-after-ecb-move.html

Will QE3 Be Announced In August?

http://seekingalpha.com/article/747801-will-qe3-be-announced-in-august


Digging the hold deeper

Treasury Raises Quarterly Borrowing Estimate by $12 Billion

http://www.moneynews.com/FinanceNews/treasury-quarterly-borrowing-estimate/2012/07/30/id/447040

Auto Financing: You Don't Need Decent Credit

http://market-ticker.org/akcs-www?post=209369

Are fiat currencies headed for a collapse?

http://www.moneycontrol.com/news/features/are-fiat-currencies-headed-forcollapse_737206.html

[TR]

When Drones go global, will anybody see them coming to the U.S.A. Military tech is wonderful?

[DailyBail]

Romney Greeted by Ron Paul Supporters – In Poland - Mitt and Ann Romney were greeted upon arriving for a meeting with Polish Prime Minister Donald Tusk by hundreds of people lining the narrow streets here, some of whom held signs for another U.S. presidential candidate, Ron Paul.

The large sign read “Polish Choice – R. Paul” with a photograph of Paul.

http://abcnews.go.com/blogs/politics/2012/07/mitts-travelogue-meeting-lech-walesa-and-greetings-from-polich-ron-paul-supporters/

[TR]

I don't have a problem with Iran.

http://www.presstv.ir/detail/2012/07/30/253514/iran-condemns-4-to-death-in-bank-fraud/