Saturday
Jun252011
Shilling Says New Recession Begins Next Year, Europe's IMF Game Is Playing Uncle Sam For Sucker, FDR & Quantitative Easing, Elizabeth Warren Update (15 LINKS)
Links from around the web.
- After 80 Failed Inventions, 84-Year-Old Man Creates The Game Of The Year
- New recession begins next year, Shilling says
- OCC Gives Banks Another Blow Job - Yves Smith
- Europe's IMF game - Playing Uncle Sam for sucker
- New Capital Rules May Slow Growth in Canadian Banks
- Full Text of Obama’s Speech on Afghanistan
- After SEC Settlement With JPMorgan, Will Other Banks Pay Too? - ProPublica
- "U.S. Growing Its Way Out of Debt" Is Pure Fantasy
- PHOTOS - Parts of Nebraska Nuke Plant Under 2 Feet of Water - Washington's Blog
- More Than 2/3 Of Cocaine In America Is Contaminated With A Skin Rotting Chemical
- FDR Used Every Tool in His Box to Start Depression Recovery - And It Still Failed
- CHART: CBO: If Politicians Made No Changes, The Debt Problem Would Go Away
- Greece’s euro exit can now only be a matter of time - FT
- Who Wants Keep the War on Drugs Going AND Put You in Debtor’s Prison?
- GOP Lynch Mob Looking Awfully Hard to Find Rope to Hang Elizabeth Warren
- Ron Paul: Spending Cuts Are Meaningless Without Transparency Into The Shadow U.S. Government Run By The Federal Reserve
Reader Comments (12)
After criticism from the U.S., oversight body moves to reduce risk
http://www.marketwatch.com/story/trichet-praises-new-capital-requirements-2011-06-25?link=MW_home_latest_news
Could you open a site just for me with one post a week because I cannot keep up with with your links & all the links from the
Commenters. ROTFLMAO
Keep up the GOOD work
The styrofoam peanut version of Wall Street and our corrupt government put out by the MISLEADING STUPEFACIENT MEDIA is absolute sheeple herding bull**it. Very little truth buried in a pile of Meaningless Pap.
Keep up the good work!
http://wattsupwiththat.com/2011/06/25/it-hertz-when-you-do-that-power-grid-to-stop-regulating-60-hz-frequency/
[snip]
Normally the power stations condition their power to a frequency of 60 cycles a second, a frequency that many old clocks use to maintain their time. With the new standard, or lack of standard, these clocks will stop keeping time properly....
.....“A lot of people are going to have things break and they’re not going to know why,”
Note: This may have consequences especially for frequency sensitive electronic equipment. Make sure you back up your computer files now. I am bewildered that this is being allowed to happen and know first hand of damage that can result. Back up your computer files now.
temp says:
June 25, 2011 at 3:37 pm
This sounds like a classic government attempt to “deregulate” something for the sole purpose of re-regulate it later but with 100x the regulation to “fix the problem”.
Simple process.
Find something that can be deregulated that will cause highly visible events.
Force the group to change away from the current regulate after its been “deregulated”.
Do it as quietly and as secretly as possible so the public has no idea and any simple fixes the public could employ are not done.
Wait for public backlash.
Blame the “deregulation” and the power companies(in this case).
Say we need more regulation.
Pass dozens of laws that have nothing to due with fixing the problem but massively expand government power/regulation/push the “agenda”.
Create massive new government group to regulate power companies(in this case).
“Fix the problem”
Take credit for fixing the problem through regulation and say “this is another spot light case of deregulation failing and why we need more money/regulation/government to fix the problems”.
To whom and to what are you referring?