White House Credits ‘Let’s Move’ for Halting Childhood Obesity Trend

Secretary of State John Kerry gave his first major foreign policy speech today. In his address, delivered at the University of Virginia, he discussed tackling climate change.

“We as a nation must have the foresight and courage to make the investments necessary to safeguard the most sacred trust we keep for our children and grandchildren: an environment not ravaged by rising seas, deadly superstorms, devastating droughts, and the other hallmarks of [...]

Kerry Gives First Foreign Policy Speech — on Climate Change

Secretary of State John Kerry gave his first major foreign policy speech today. In his address, delivered at the University of Virginia, he discussed tackling climate change.

“We as a nation must have the foresight and courage to make the investments necessary to safeguard the most sacred trust we keep for our children and grandchildren: an environment not ravaged by rising seas, deadly superstorms, devastating droughts, and the other hallmarks of [...]

Gold Is Money: Central Bank Actions Send Investors a Clear Message

by Gold Silver Worlds

Germany recently made big news by announcing its plan to bring home part of its massive gold reserves. By retrieving 300 tons from New York and all 374 tons from Paris, 19% of its holdings – $36 billion worth – will be repatriated. By 2020, Deutsche Bundesbank expects to have 50% of its gold reserves stored in its Frankfurt vaults.

While Germany’s announcement is no longer front-page news, it [...]

You Know How This Ends Right? This Ends Through War.

Mac Slavo
December 31st, 2012
SHTFplan.com

 

In 2006, when Americans were flying high on ever-expanding credit and double digit real estate growth, hedge fund manager Kyle Bass came to the conclusion that something was very wrong. He and his investors determined that a massive real estate bubble was forming in sub-prime mortgages. But rather than just making a prediction, they put their money where their mouth was, and took a $4 billion gamble [...]

It’s Impossible For Governments To Grow Their Way Back To Solvency

While it might seem like somewhat stating the obvious, it is nonetheless worth driving home to the politicians and public policy wonks who see rates at record lows and perceive a Keynesian borrow-and-spend-fest as once again the solution to borrowing-and-spending too much. As Morgan Stanley puts it, fiscal policy is sailing between the Scylla of chase-your-tail austerity and the Charybdis of sovereign insolvency. In short, it is impossible for developed market [...]

Feel The Squeeze

As financials and builders (and implicitly markets in general) levitate further, Peter Tchir of TF Market Advisors takes a brief and somewhat sarcastic look at the factors that are supporting the rally.

Strong auctions helping.  We forget March 2010 Greek auctions and August 2011 auctions. flippers and short covering or real change of risk tolerance?

Greek PSI rumors helping. Watching the sausage being made might turn you off sausage for awhile.

Financials and the bonds [...]

Seven of the world’s biggest blue-chips are now high-yield dividend payers

From Dividend Growth Stocks:

There is perceived safety in size. Giant corporations aren’t randomly grown. Instead, they are carefully built through superior management and foresight. Often, these are more mature companies that also offer stability and predictability, usually at the expense of dynamic growth. These are your mega-cap stocks.

There is no universal definition of mega-cap stocks. Many define mega-cap as companies with a market cap exceeding $100 billion. Needless to say, [...]

Venezuela Gets First Shipment Of Physical Gold Today

by ZH

Back in August, the news that Venezuela ruler Hugo Chavez had decided to repatriate his gold from London vaults made headlines and was one of the key catalysts sending gold to its all time highs north of $1900/oz. Since then the story died down with no updates. Until today: Bloomberg has reported that Venezuela will receive the first shipment of gold reserves being repatriated from U.S., Canadian and European banks [...]

Economic Collapse – A Storm Is Coming – I Feel It In My Bones That We Are On The Brink Of Something Big And Bad – Gimme Shelter

The quiet before the storm. I feel it in my bones that we are on the brink of something big and bad. Get your S*#t together. The end of QE2, pushing the Debt Ceiling , Greece, Spain, Japan….all coming to a head. Just watched Steven King’s The Stand again..had to use the clips. God helps those who have the foresight to see what is happening [...]

Proposed CA law would let parents edit children’s FACEBOOK pages

James Emery

A new state bill in the California State Senate could make social-networking sites like Facebook take down personal information and photos for account users under 18 and require more private settings.

The SB 242 was introduced by Sen. Ellen Corbett (D-San Leandro) and would require all security settings to default to private and charge up to $10,000 per violation, according to the San Francisco Chronicle.

The bill’s [...]

Captain Obvious (S&P) vs. Captain Oblivious (Tim Geithner)

by Nomi Prins

Captain Obvious (S&P) vs. Captain Oblivious (Tim Geithner)

Last week, President Obama driveled on about nothing of consequence in his budget speech. Yeah, he said he’d push to roll back tax cuts for the wealthy and close some off-shore corporate tax loopholes, but he’s said both (many times) before and neither happened, so in terms of revenue enhancement, it’s a non-starter.

Today, S&P – that [...]

Fed’s Sense of Humor, Amazing Foresight, and Inflation Risk

by Bo Peng

Fed’s Sense of Humor, Amazing Foresight, and Inflation Risk

If you still have any doubts of Fed’s bias towards sustaining bubbles and being late on fighting inflation, the latest release of 2005 Fed meeting minutes should help you see it more clearly.

There’s some good humor and cynicism there, which certainly deserves respect. It’s also obvious that many Fed officials and economists, including Greenspan [...]

Wall Street Manifesto

We, the bankers of these United States , want to assure all Americans that we are devoted, heart and soul, to the interests of this great nation.  Contrary to countless disparaging remarks by so-called pundits, there is absolutely no daylight between the interests of Wall Street and Main Street .  One of our leaders eloquently expressed this view when he said [...]

A democratic controlled congress (both houses) and Obama

I believe we had a democratic controlled congress (both houses) from the 2006 elections. And the 2008 elections gave us both a democratic controlled congress (both houses) and Obama. The time for blaming Bush is over, unless you will also blame Carter and his congress for the laws that forced the “problem” lending practices, and Clinton and his congress for the laws that forced banks to lend based on the [...]