Tyler Durden ZeroHedge.com 05/17/2011 Following the report of the leaked HP memo which indicated much more weakness in the current quarter than expected, the firm was forced to scramble and released earning early, with the full number coming out at 7:30 EDT. And neither the market, nor John Paulson who recently bought a $1... »
Archive for May 17th, 2011
Hewlett Packard Pre-releases Following Memo Leak, Outlook Worse Than Expected, Japan Earthquake Blamed
Tuesday, May 17th, 2011
Rand Paul: Universal Health Care Is “Slavery”
Tuesday, May 17th, 2011
by: Lawrence Davidson, To the Point Analyses Truthout.com At a 11 May 2011 hearing held by the Senate Health, Education, Labor and Pensions (HELP) subcommittee on Primary Health and Aging, a short debate over healthcare delivery took place between Senator Bernie Sanders of Vermont and Senator Rand Paul of Kentucky. Sanders, who is chair... »
While Home Prices May Be Falling,Insurance Premiums Are on the Rise
Tuesday, May 17th, 2011
By CHAD TERHUNE And ANNAMARIA ANDRIOTIS WSJ.com Already plagued by stubbornly low home prices, homeowners soon may be facing another blow: rising insurance premiums. After five years of relatively stable premiums, some of the country’s biggest insurers have raised rates—or say they plan to. Premiums vary by state, but last year, State Farm Mutual... »
Oil Price Drop offering No Relief for Motorists as Gas Prices Remain Unchanged
Tuesday, May 17th, 2011
by Dian L. Chu OilPrice.com The Reuters Jefferies CRB Index is down 8% so far in May with almost every single commodity in the index registering red. Even the ongoing geopolitical tension in the Middle East and North Africa has not been able to shield the ever bullish crude oil from the commodity rout.... »
Is the Entire Market Rigged?
Tuesday, May 17th, 2011
BY CRIS SHERIDAN FinancailSense.com Rigged Market Def: An illegal act or practice in which a person or company causes a price to be more favorable to an investor than market forces really justify. Rigged markets exist in order to attract investors to a company or project, but it is often not sustainable and in... »
The Markets are on a Knife Edge
Tuesday, May 17th, 2011
by Mad Hedge Fund Trader OilPrice.com All global asset classes are within a hair’s breadth of completely breaking down. The S&P 500 sits perilously on its neckline. Just below here there are a ton of sell stops that could pare 5% off the index very rapidly. The more volatile and leading emerging market ETF... »
Sex, the Power Elite, and Funny Money
Tuesday, May 17th, 2011
The French Bombshell – Stranger Than Fiction by Eric Margolis LewRockwell.com PARIS – This week, the big buzz for “le tout Paris” (all Paris) – at least until Sunday’s “le grand bombshell” – was that President Nicholas Sarkozy and wife Carla Bruni were boycotting the Cannes Film Festival which just opened with the film,... »
Don’t Believe the Official Liars in DC?
Tuesday, May 17th, 2011
Creating the bin Laden Reality by Paul Craig Roberts LewRockwell.com I have heard one dozen times today (May 13) from media that the US killed Osama Bin Laden in Pakistan. I heard it three times from National Public Radio, twice from the BBC, and from every TV and radio station I encountered, even those... »
A Bad Day for the New World Order
Tuesday, May 17th, 2011
The Dirty Old Man and the IMF by Patrick J. Buchanan LewRockwell.com Saturday was a bad day for the New World Order. New York police boarded the first-class cabin of an Air France jet bound for Paris to collar Dominique Strauss-Kahn, the head of the International Monetary Fund, a Grand Master of the Universe... »
UNDERSTANDING AMERICA’S FINANCIAL CRISES-Part 2
Tuesday, May 17th, 2011
By Michael S. Coffman, Ph.D. and Kristie Pelletier May 7, 2011 NewsWithViews.com Economics for Dummies 102—International Implications and Politics Europe’s Economy is falling like dominos. The Obama administration is following the same destructive socialist expansion of government using smoke and mirrors to convince us that it is the right way to go. It is... »