26/09/2011

9/26 AEP: German turmoil over EU bail-outs as top judge calls for referendum

By John Galt September 26, 2011 – 21:25 ET If anyone thinks the Eurozone crisis is close to being resolved, think again. Read Ambrose Evans-Pritchard piece from the UK Telegraph and the complications being thrown into the alleged bail out announcement today are so numerous and fraught with disaster at any moment. Click on the link below to read the full editorial: German turmoil over EU bail-outs as top judge calls for referendum


9/26 Woo-Woo Report: Apparently President Clinton Groped more than the interns’ innocence

By John Galt September 26, 2011 – 21:30 ET Just click on the links for the full story from the original source…. Cheap dates-How the ‘price’ of sex has dropped to record lows Man credited with creating Doritos dies in Dallas Library lifts 1906 ban on Mark Twain book UC Berkeley GOP group to host racist bake sale Arkansas’ lost moon rock found in Clinton’s files



If you think the Arabs will bail out Europe, think again

By John Galt September 26, 2011 – 13:00 ET The rumors of Qatar, Kuwait, Dubai, etc. promising to bailout or assist the European Union is about as prescient and factual as the idea the blue fairies will descend from the heavens and sprinkle pixie dust on the citizens of the world and make everyone feel better about being poor and hungry. The reality is that the Arabs have their own problems, so severe in fact that Saudi Arabia gave women the right to vote in their kingdom, something that has been…


New Home Sales for August: More of the Same

By John Galt September 26, 2011 – 12:15 ET To say that this morning;s report from the Commerce Department was any encouragement about a long term economic recovery in the construction industry would be a major lie. The data continues to reflect and bounce along the long term bottom created by the speculative frenzy from the previous decade. The most interesting stats are reflected in the ongoing decline in sales for homes over $300,000. First chart for review is the monthly new home sales in total (Click on charts to enlarge/reduce…


FDIC Pages Updated but what’s a 1/4 Billion Bucks among friends?

By John Galt September 26, 2011 – 12:00 ET It seems that CalOkie’s FDIC update pages are about to get real busy again. The FDIC hit a decent sized institution in Norfolk, Virginia of all places while deciding to not shut down every institution in the states of Florida and Georgia even though they probably need to. Check out the pages by clicking on the link in the upper right box of this page.  


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