Saturday, March 20, 2010
Raw Video: Anti-government Protest in Bangkok
Protesters hit the streets of Bangkok Saturday, seeking to pressure the country's prime minister to dissolve Parliament and call new elections. Two small explosions happened Saturday night, and at least one person was wounded. (March 20)
Raw Video: Russians Protest Economic Policy
Thousands of people have rallied across Russia to denounce the government's economic policy and demand more freedom in a new challenge to the Kremlin. (March 20)
President Obama addresses Democratic lawmakers ahead of House health care vote
Obama: 'We're 24 Hours Away'
President addresses Democratic lawmakers ahead of House health care votePresident Barack Obama is encouraging House Democrats to finish work on his health care overhaul bill, telling them, "We're going to get this done." The vote is scheduled for Sunday. (March 20)
THE TEA PARTY and THE CIRCUS - Final Healthcare Reform Protest
Kill that Bill , we do not want Obamacare we do not want socialized medicine , Hands off my Healthcare the Tea Party crowd was shouting , we are losing our country , our leaders act as tyrannical dictators they do not listen to us , it is all about bureaucracy and control it is not about people health the crowd were saying , the governments cannot run anything effectively and if you think they can run healthcare , you are smoking a funny stuff one demonstrator said ...
On March 16, 2010, Tea Partiers from around the country gathered (in disappointing numbers) in front of the Capitol building for their final protest against health care reform. Also in town, appropriately, was Barnum & Bailey's actual circus. The protestors voiced their usual conspiratorial concerns about healthcare reform: that it was a government takeover and more government, of course, equals less freedom; that it would euthanize seniors too expensive to treat; and that the bill would sink the nation into irrecoverable debt, despite its actually reducing the deficit by more than $100-billion over the next ten years. Averse to facts, no one interviewed was able to cite evidence for their false beliefs about the reform proposal, and instead suggested we seek the "truth" from Glenn Beck and Fox News.
On March 16, 2010, Tea Partiers from around the country gathered (in disappointing numbers) in front of the Capitol building for their final protest against health care reform. Also in town, appropriately, was Barnum & Bailey's actual circus. The protestors voiced their usual conspiratorial concerns about healthcare reform: that it was a government takeover and more government, of course, equals less freedom; that it would euthanize seniors too expensive to treat; and that the bill would sink the nation into irrecoverable debt, despite its actually reducing the deficit by more than $100-billion over the next ten years. Averse to facts, no one interviewed was able to cite evidence for their false beliefs about the reform proposal, and instead suggested we seek the "truth" from Glenn Beck and Fox News.
A 5.6-magnitude earthquake shook Cuba this Saturday
Earthquake shakes Cuba; no reports of damage yet
A 5.6-magnitude earthquake shook Cuba on Saturday
somebody must be playing with HAARP too much lately ?!?!
The quake, struck just after 1 p.m. EDT (1700 GMT), 30 miles (45 kilometers) south of Guantanamo, the Cuban city adjacent to the U.S base, said the U.S. Geological Survey in Golden, Colorado. An aftershock measuring 4.8 shook the same region about 90 minutes later.
Neither residents nor Cuban state media reported injuries or damage.
Arrest made in Walmart racist intercom announcement
Walmart : All Black People Should Leave The Store
The 16-year-old boy who police said made an announcement at Walmart ordering all black people in the southern New Jersey store to leave was charged with harassment and bias intimidation, Police said Saturday.
Wal-Mart shoppers in Turnersville, NJ were shocked and appalled when a male voice came over the store speaker system and asked black people to leave the store.
Elizabeth Warren : by the end of this year half of commercial real estate loans will be under water
The pending Commercial Real Estate Collapse and the state of the Economy
Elizabeth Warren : 2988 banks that by the terms of their own regulators are too concentrated in commercial real estate , these are the medium size banks , by the end of this year half of commercial real estate loans will be under water , and they are coming up for reset in 11 , 12 and 13 , this is a bad problem anyway , think about that , nearly 3000 banks out of a total of 8000 , it is the very banks that do small business lending who are about to get sucked in the nose on real estate , commercial real estate loses ...we are seeing banks that do not want to lend because they see every dollar that comes in the door and say "I got to hold on it to try to fill my commercial real estate hole ..or else I will be gone "Elizabeth Warren : I am afraid , I am afraid because of what I see in the real economy , I am afraid because I do not see books that are clean , balance sheets that have been cleaned up ......
I’m afraid because Secretary Paulson said there’s too much concentration in the banking industry, and there’s even more concentration
today than there was
it’s that we’ve got
concentrated risk and that’s what creates too big to fail, and that’s
creating distortions throughout our economy.
We haven’t yet put our feet on solid ground and begin -- begun to
rebuild an economy we can believe in.
I think
that Summers and Geithner are smart. I think they’re honorable. I think
they approach the economy and the world through the largest institutions.
And they see the world from a top-down perspective.
I spent 25 years somewhere else.
Elizabeth Warren, Chair, The Congressional Oversight Panel
with Elizabeth Warren on Charlie Rose
in Current Affairs
on Thursday, March 4, 2010
MEP: The Euro will collapse, The Pigs States to bring EU down
MEP: The Euro just does not work
EU finance ministers are about to thrash out how they can help debt-stricken Greece. Not all are convinced, saying prospects of a deal look bleak. Greece has been ravaged by strikes and protests as it tries to plug its 419-billion-dollar black hole. For more on this, RT talks to Euro MP David Campbell Bannerman, from Britain's UK Independent Party.
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MARC FABER NEWS
Moneycontrol.com | Dr. Doom? Marc Faber Sees Stock Buying Opportunity CNBC.com The dean of doom, Marc Faber, told CNBC on Tuesday that a variety of asset classes—including equities—may be worth buying for short-term gains. In the midst of market volatility on concerns over Federal Reserve tapering, he said, "Treasury bonds ... Marc Faber Marc Faber aka Dr. Doom: S&P 500 Index Could Fall 20% To 30% Easily Dr Doom warns stocks are oversold but S&P readies for another drop |
Marc Faber Forecasts 30% Stock Market Crash, Says Buy Gold The Market Oracle The Fed's 'tapering' comments have ramped up market volatilaty and Faber gives some advice for short and long-term strategies. For example: ""The best course of action is to actually not buy anything, but rather to reduce positions on a rebound," Faber ... |
Marc Faber: Bull in the short term, bear in the long term MarketWatch (blog) ... so perhaps it's best left to someone who has historically said “sell.” Marc Faber, author of the ”The Gloom, Boom & Doom Report,” and often called “Dr. Doom” because of his bearish sentiment, says there are buying opportunities — at least in the ... |
Business Insider | Marc Faber: Gold a possible canary in the deflation coalmine MarketWatch (blog) Here's what Marc Faber, editor of Gloom Boom Doom report told MarketWatch in an email. “Maybe gold is signaling a deflationary collapse of all asset prices. If this were indeed the case I suppose I would rather own gold than government bonds, high ... MARC FABER: The Way Things Are Going, Bernanke Will Have To Give Us 96 ... "Incredibly Bad Sentiment" Makes Gold & Bonds a Buy Says Marc Faber, as All ... “Sentiment on Gold and Bonds Incredibly Negative” – Marc Faber Predicts ... |
Marc Faber Sees Further Downside CNBC.com China's factory output weakened to a 9-month low today, and financials saw a huge sell-off today, with the FM traders; and The Gloom, Boom and Doom Report's Marc Faber, shares his economic outlook. There's plenty of room for the stock market to decline ... Marc Faber: More S&P downside, commodities 'horrible'…except gold |
Marc Faber says 'thanks' to Bernanke MarketWatch (blog) [An earlier version of this blog mistakenly attributed the comments to Marc Faber's blog. The original comments were made in an interview with Barron's on June 1. The comments were picked up Tuesday in a tracking blog that aggregates Faber's public ... |
Dr. Doom Marc Faber: Don't Bet on New Market Highs CNBC.com Faber said large cap stocks like McDonald's, Coca-Cola, Procter & Gamble and Wal-Mart "have most likely peaked." However, he thinks there are still stocks that show strength that could continue to appreciate "because all the money flows into fewer and ... |
Marc Faber Is Glad He Owned Stocks, Even As He Warned Everyone Of Stock ... Business Insider "People with assets are all doomed, because prices are grossly inflated globally for stocks, bonds, and collectibles," says the investment advisor in a new interview published in this week's Barron's. But Faber is the first to admit that at least the ... |
Marc Faber notes liquidity squeeze depressing stocks but still buying gold Gold Seek Famously contrarian in his approach, Dr. Faber is usually out of step with Wall Street but has an excellent reputation for calling the major market turns. He does not say he is shorting equities, though he notes emerging market equities and currencies ... |
Cheerful Thoughts from Marc Faber BullionVault SWISS-BORN Marc Faber, who at age 24 earned his PhD. in economics magna cum laude from the University of Zurich, has lived in Hong Kong nearly 40 years. He worked in New York, Zurich and Hong Kong for White Weld & Co., an investment bank ... |