The clam is feeling stretched and asked the “leaders” of the country to get their act together…
Comments »Monthly Archives: October 2011
Tax Holidays Do Not Correlate to Hiring
Large banks and other corporations who received tax holidays laid off workers as early as 2004-2005. So fuck your tax holiday lobbying. these lay offs came well before any mainstream acknowledgement of a real estate debacle turning into a global financial crisis.
The only thing that may make sense here was the business community had a heads up on the upcoming crisis and tried to get ahead of the curve. Or growth statistics were not indicative of the true economy.
Comments »Sprint Recovers Earlier Losses on Debt and iPhone Sale Worries
AMR Soars After Bankruptcy Surprise Rumors
First EK now AMR. Shares of AMR are up 21% after yesterday’s plunge due to bankruptcy rumors.
Comments »FLASH: CHRIS CHRISTIE WILL OFFICIALLY NOT RUN FOR PREZ
N.J. Governor Chris Christie to Finally Announce Whether He Runs for President
FTSE Closes Down 2.6%
Alaska Announces Recall of Velveeta Shells ($KFT)
Alaska state officials are announcing the recall of three varieties of Velveeta Shells & Cheese microwaveable cups, saying the products possibly contain small pieces of wire bristle.
The state Department of Environmental Conservation says the products recalled by Kraft Foods Global Inc. are Shells & Cheese Original, Shells & Cheese made with 2 percent milk and Shells & Cheese Broccoli.
The products have various “best when used by” dates between March 2012 and May 2012.
DEC officials say the products were distributed in Alaska.
Officials say there have been no reports of injuries.
Comments »FLASH: NASDAQ GOES GREEN
S&P forming an intra day cup and handle
Comments »Dylan Ratigan Rant on the Federal Reserve @ The Occupy Wall St Protest
[youtube:http://www.youtube.com/watch?v=UDj52mNaUVg&feature=player_embedded 450 300]
Comments »Leuthhold: This is a Non Economic Bear Market; We May be Close to the End
Chart Analysis on Where This Selloff Could Stabilize
The Clam Testimony Live
Motley Fool: Weak Consumer Spending May Fuel 8-Year Recession
Gucci and Tiffany Launch A Lawsuit Against Chinese Banks
Factory Orders: Prior 2.4%, Mkt expects -0.1%, Actual -0.2%
PAUL MCCULLEY: The New Obsession With Austerity Is Ludicrous
FLASH: S&P Enters Technical Bear Market Territory
Covering all remaining shorts this am. Expecting a capitulation bounce over the next 5 trading days. Good luck to all.
Bears In Emerging Markets Turn Bullish
HSBC: The Jury is Still Out On a 2008 Replay
How the pundits could say we do not risk a 2008 scenario is beyond me. Yes companies are flush with cash, yes corporate earnings have been on the up swing, but CDS spreads are blowing out all over the wordls and liquidity is back to a drip drip case.
Not to mention Europe’s problem by most estimates is a $2 trillion dollar problem with only $6-$800 billion on hand between the ECB, IMF, and the World Bank.
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