Hopefully this puts the EU nose to the grindstone…
Comments »Monthly Archives: October 2011
Nomura Forecasts an Increase in Tomorrow’s Non Farm Payroll Numbers
Tomorrow’s Headline Today; Even Better Than the Bulldog Edition
SHOCK: Reid’s ‘Nuclear Option’ Changes Rules, Ends Repeat Filibusters
In a shocking development Thursday evening, Senate Majority Leader Harry Reid (D-Nev.) triggered a rarely used procedural option informally called the “nuclear option” to change the Senate rules.
The Democratic leader had become fed up with Republican demands for votes on motions to suspend the rules after the Senate had voted to end a filibuster.
Reid said these motions, which do not need unanimous consent, amount to a second-round filibuster after the Senate has voted to move to final passage of a measure.
The Senate voted 51-48 to back Reid and overturn the Senate precedent. Sen. Ben Nelson (Neb.) was the only Democrat to vote against his leader.
The surprise move stunned Republicans, who did not expect Reid to bring heavy artillery to what had been a humdrum knife fight over amendments to China currency legislation.
Reid appealed a ruling from the chair that Senate Republican Leader Mitch McConnell (Ky.) does not need unanimous consent to force a vote on a motion to suspend the rules to consider amendments after cloture has already been approved.
The chair, which was occupied by Sen. Mark Begich (D-Alaska), ruled under the advice of the Senate parliamentarian that Republicans had the right to force a vote on a motion to suspend the rules and proceed to President Obama’s controversial jobs bill.
Republicans planned to use this right of the minority to embarrass Obama by showing that many Democrats do not support his jobs package as originally drafted. But Reid moved to kill their plan by appealing the chair’s ruling, triggering a vote.
The maneuver is arcane but momentous. If a simple majority of the Senate votes with Reid and strikes down the ruling, the chamber’s precedent will be changed through the unilateral action of one party.
Republicans had considered using this maneuver, dubbed the “nuclear option,” in 2005 to change Senate rules to prohibit the filibuster of judicial nominees. Democrats decried the plan and the crisis was resolved by a bipartisan agreement forged by 14 rank-and-file senators known as the Gang of 14.
Senate Republicans were furious at Reid’s actions.
“Just wait until they get into the minority!” one GOP staffer growled.
— This story was updated at 7:23 p.m.
Link: http://thehill.com/homenews/senate/186133-reid-triggers-nuclear-option-to-change-senate-rules-and-prohibit-post-cloture-filibusters
The Trade War Drama Moves Forward
Here is a suggestion; baby steps in re “aligning” currencies rather than a ultimatum backed by tariffs and penalties.
Comments »Richard Fisher Sympathizes With the Discontent The Occupy Wall St Protesters Have
Fisher talks of bifurcation and little employment opportunity being the root cause of the peoples frustration.
It’s funny how nobody is talking about the root causes to our problems. Why talk about the consequences when we do not fix the problems?
Even the president said today the protests are a symptom of frustration.
No the protests are a symptom of our economy being wrecked by criminal acts that have gone unpunished while the tax payer helps to pay criminals to stay in control….END OF STORY
Comments »Oracle Settles Over Billing Charge With Uncle Sam for $199.5 Million
HERMAN CAIN ON THE OCCUPY WALL STREET CROWD (VIDEO)
“It is not a persons fault if they succeeded. It is a person’s fault if they failed.”
[youtube:http://www.youtube.com/watch?v=zPiSzCDChX4 603 500] Comments »Head of Energy Department’s Loan Program Quits Amid Solyndra Scandal
The head of the Energy Department’s controversial loan guarantee program has decided to step down, department officials confirmed to The Washington Post on Thursday.
Jonathan Silver, who was named executive director of DOE’s Loan Programs Office in November 2009, has come under fire from congressional Republicans since the solar manufacturer Solyndra declared bankruptcy Aug. 31 after receiving a $535 million federal loan guarantee. While DOE made the initial loan to Solyndra before Silver took the program’s helm — a point he made repeatedly during his congressional testimony last month — he remained the administration’s point person for the embattled initiative.
Comments »Dylan Ratigan versus Ed Shultz
Bulls Manage The Hat Trick
Today’s Top Performing ETF’s
No. Ticker % Change
1 RUSL 14.21
2 AGQ 9.84
3 LBJ 9.58
4 EDC 8.94
5 FAS 8.71
6 COWL 8.14
7 PSLV 7.68
8 DRN 7.47
9 YINN 7.35
10 UCO 7.15
11 DZK 6.66
12 REMX 6.58
13 JJT 6.54
14 TNA 6.41
15 MWJ 6.29
16 CU 6.26
17 MATL 6.20
18 SIL 5.96
19 TAN 5.88
20 UYG 5.83
21 ECH 5.65
22 PALL 5.64
23 EEMS 5.55
24 BJK 5.43
25 BRIL 5.40
26 BGU 5.34
27 DBS 5.34
28 RSX 5.25
29 UVU 5.17
30 SLV 5.16
31 THD 5.08
32 UPRO 5.06
33 URE 4.99
34 TMV 4.89
35 EWZ 4.85
36 ICLN 4.81
37 EET 4.75
38 MVV 4.75
39 TYH 4.72
40 GDXJ 4.50
41 DCE 4.50
42 ERX 4.48
43 KBE 4.39
44 TQQQ 4.37
45 NCZ 4.34
46 UGA 4.34
47 EWA 4.31
48 LIT 4.29
49 EIDO 4.25
50 ROOF 4.24
Today’s Winners and Losers
No. Ticker % Change
1 FEED 54.71
2 YRCW 47.00
3 CYDE 44.44
4 LEI 25.42
5 ZOOM 23.02
6 SCEI 22.34
7 XG 21.50
8 RITT 21.24
9 RSOL 20.57
10 PAL 20.09
11 GTIV 19.49
12 PMI 19.45
13 MGH 18.75
14 SHZ 18.70
15 EK 18.44
16 SOL 18.29
17 MTG 17.93
18 YOKU 17.23
19 OPTT 16.94
20 CDTI 16.83
21 LNET 16.67
22 GMR 16.63
23 DANG 16.43
24 OINK 15.62
25 EGI 15.33
26 REFR 15.28
27 PRST 14.71
28 CHGS 14.61
29 CVGI 14.31
30 CDY 14.27
31 DQ 14.25
32 MPEL 14.13
33 DRYS 14.11
34 MNTG 13.91
35 ANO 13.84
36 CPY 13.72
37 OCZ 13.68
38 NYT 13.19
39 TLR 13.17
40 DVR 13.13
41 GOK 13.13
42 ZNH 13.00
43 QPSA 12.97
44 WH 12.90
45 MERR 12.88
46 MCP 12.86
47 SRZ 12.85
48 IGOI 12.82
49 KBX 12.60
50 BIOF 12.50
—————————–
No. Ticker % Change
1 WHRT -23.68
2 HRZ -21.95
3 WTSLA -12.74
4 WEBM -12.39
5 ADGE -10.06
6 IDI -9.13
7 OBCI -8.84
8 BPZ -8.51
9 DGLY -8.00
10 FSII -7.73
11 ANCI -7.69
12 ONSM -7.66
13 AMCN -7.60
14 PDO -7.12
15 BDSI -7.00
16 LEE -6.67
17 XFN -6.64
18 HSWI -6.33
19 ADAT -6.32
20 NEXS -6.26
21 SAAS -6.21
22 GIGM -6.18
23 MNEL -6.07
24 RELL -6.05
25 HELE -5.96
26 OSG -5.91
27 IRIX -5.80
28 SGMO -5.80
29 SINO -5.26
30 III -5.26
31 TSTC -5.18
32 CVGW -5.14
33 BONT -5.05
34 NNA -5.00
35 HMPR -4.82
36 TAYC -4.81
37 FCBC -4.76
38 OVTI -4.75
39 CNTY -4.74
40 ARRY -4.69
41 UQM -4.65
42 MERU -4.53
43 ADUS -4.41
44 MG -4.40
45 EDS -4.39
46 ARTX -4.38
47 PURE -4.35
48 ONE -4.26
49 GGS -4.18
50 NABI -4.17
FLASH: The Dutch Approve EFSF Leverage
The Dutch have approved the expansion of EFSF; that just leaves a few more votes over the next month.
Comments »Late Afternoon Fun: A Message From Main St
[youtube:http://www.youtube.com/watch?v=r3ptmm8lAMM 450 300]
Comments »Dennis Kuncinich Has a Message For Occupy Wall St.
[youtube:http://www.youtube.com/watch?v=4IdPyYRnOY0&feature=player_embedded 450 300]
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