Friday, June 18, 2010

"Political correctness is tyranny with manners." - Charlton Heston





"America faces a new culture war. This is not the culture war of the 1990s. It is not a fight over guns, gays or abortion. Those old battles have been eclipsed by a new struggle between two competing visions of the country's future. In one, America will continue to be an exceptional nation organized around the principles of free enterprise--limited government, a reliance on entrepreneurship and rewards determined by market forces. In the other, America will move toward European-style statism grounded in expanding bureaucracies, a managed economy and large-scale income redistribution. These visions are not reconcilable. We must choose." - Arthur C. Brooks, The Washington Post, May 23, 2010

Greenspan: US Reaching Borrowing Limit- Wall Street Journal



Gold Running in Short Supply.





Gold is an Armageddon Hedge





How All Of Us Pay for The Derivatives Market (Caution: There is a bad word in the title.....)





It's The Ratios, Stupid (Why the US Will Default on its Debt)





Home Construction Sinks, Building Permits Down





The Snowball Scenario Sinks Sovereigns





World Bank Says China's Economy Slowing






Medvedev: Russia to Help Spur New Economic Order- BusinessWeek

IL Sells Build America Bonds as Premium Climbs- Bloomberg

Fed Emerging Intact from Challenge to Its Power- Wall Street Journal

In UK, 'Spend Now, Pay Later' Is Over; Later Is Now- Daily Telegraph

Germany's Weber Defies Trichet over Bailout- Bloomberg

Gold on Longest Winning Streak since 1920- Financial Post

The Dollar's Strong! (But Not The One You Think)- CNN Money

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