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Are Government Unions Out Of Control? An Infographic
This week, Arizona legislators are voting on a package of bills that would be “Wisconsin on steroids” – banning collective bargaining, release time and automatic deduction of union dues from paychecks....
View ArticleDiamond Foods Fires CEO, CFO After Audit Committee Finds Books Have Been...
First, small momo-favorite companies. Next: entire nations. Finally: the all-seeing, all-dancing central banks. Today, Diamond Foods just fired its CEO and CFO after the audit committee found its books...
View ArticleEpic Collapse For Phil Falcone Whose Harbinger Is Forced To Pay 15% Interest...
And so the legend of the once invincible "hedge fund titan" Phil Falcone, often the target of mockery and ridicule on the pages of Zero Hedge, ends, after his now irrelevant hedge fund which peaked in...
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Greek Meeting Ends Without Conclusion: LAOS Head Refuses To Sign Deal
Bloomberg reports that at almost 1 am local time, the Greek government meeting has broken up, and the head of LAOS is speaking, and by the looks of things, is not going along with the program:...
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Papademos Says Outstanding Issues Remain, EURUSD Slides
Another day, another delay, and still nothing is done. GREEK PREMIER SAYS OUTSTANDING ISSUE NEEDS FURTHER WORK GREEK PREMIER SAYS DISCUSSION TO CONTINUE ON OUTSTANDING ISSUE PAPDEMOS SAYS AIMS TO...
View ArticleForeign Troops Enter Syria
We’ve repeatedly noted that the U.S. government planned regime change in Syria at least 20 years ago. Indeed, carrying out acts of violence and blaming it on the Syrian government as an excuse for...
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Guest Post: Introducing The Government’s Newest Unpaid Spy: YOU
Submitted by Simon Black of Sovereign Man Introducing The Government’s Newest Unpaid Spy: YOU One of the most terrifying aspects of George Orwell’s seminal work 1984 was his description of how society...
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Schaeuble Blesses Gaspar: German FinMin Promises To Rescue Portugal
UPDATE: Ironic timing...*VENIZELOS SAYS GREECE FACES CHOICE OF STAYING IN EURO OR NOT, *GREEK DEBT SUSTAINABILITY NO WAY NEAR 120%, DE JAGER SAYS, and *ECB SHOULD CONTRIBUTE TO REDUCTION OF GREEK...
View ArticleGuest Post: Stop The (Printing) Press!.... If Only We Could
Submitted by Clive Hale from View from the Bridge Stop The (Printing) Press!.... If Only We Could Hands up anyone who is surprised that the Bank of England has added another £50 billion to the...
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Pimco Borrows A Record $88 Billion To Bet On Fed's Upcoming MBS Monetization
Regular readers of Zero Hedge know that in recent months tracking the portfolio and thoughts of one Bill Gross via the holdings of his flagship Total Return Fund (which just jumped by $6 billion in the...
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Economists Surprised Again By Unemployment Claims, Should Not Have Been
Economists Surprised Again By Unemployment Claims, Should Not Have Been Courtesy of Lee Adler of the Wall Street Examiner The mainstream media proclaimed an unexpected "beat" of the first time...
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Greece Is Nicht Sehr Happy With Frau Merkel
The Greek daily http://www.dimokratianews.gr/ (price 1 Euro, not 2000 Drachma) may have summarized best what at least a prominent subsegment of Greece feels toward Die Frau, who quite adeptly managed...
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Why You No Like Facts? Core Inflation vs. Disposable Income
As I reminded you the other day, Ben Bernanke isn't worried about inflation. That's good to know, but what are some other facts that we can look at to determine where prices and / or purchasing power...
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Infographic: Presenting A World Covered In (Hundred Dollar Bill) Debt
Our friends at Demonocracy have once again surpassed themselves, and have followed up the infographic showing the truckloads of cash that are needed to rescue the insolvent PIIGS, with this masterpiece...
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Bank Of America Details The Mortgage Foreclosure Settlement
Most people read the headlines (and heard Obama tell us) today that the federal government and 49 state attorneys general reached a $25bn agreement with the five largest mortgage servicers to address...
View ArticleBait And Switch: California High-Speed Rail to Nowhere
It started out benign enough. In November 2008, California voters passed Proposition 1A, which authorized the issuance of $9.95 billion in general obligation bonds to fund the first stage of a...
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Fraud & Technicals Converge to Make US Stock Markets Ripe for a Sell-Off
A brief but very important post today. The S&P 500 appears as if it’s ripe for a significant pull back right now. However, anyone that’s been following us for years now knows that we don’t believe...
View ArticleLet My People Go
Submitted from Peter Tchir of TF Market Advisors Let My People Go! So yesterday I became pre-occupied with the French Revolution. With the comments coming out of Europe, and Germany in particular, the...
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Agreed Upon Greek Bailout "Unagreed" 24 Hours Later As LAOS Leader Changes...
Remember the pomp and circumstance with which Venizelos showed up in Brussels yesterday carrying a two paragraph statement from Lucas Papademos in hand, saying Greece promises it has agreed to agree to...
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