Mike Shedlock

Contributor since: 26 Feb 2010

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• John Dennis for California District 8 - San Francisco

  Published 06 May 2010 | viewed 0 times

  It's long overdue we elect Congressional representatives who will uphold the constitution, are fiscally conservative, and genuinely want to do something about bureaucratic waste and…

• Political Hypocrisy

  Published 06 May 2010 | viewed 0 times

  Obama Backs Financial Reform Except Where It's Needed Most; Congressional Hypocrites Exempt Themselves From Insider Trading Laws President Obama is pushing hard for financial reform…

• Trichet, a Monetarist Pussycat at Heart, Throws ECB Rulebook Out the Window

  Published 04 May 2010 | viewed 0 times

  After all his tough bulldog talk over the years, the world can now see Trichet is in reality nothing more than a monetarist pussycat when…

• Fed Privately Lobbies Senate to Kill Audit; What You Can Do!

  Published 04 May 2010 | viewed 0 times

  A bill sponsored by Ron Paul and Alan Grayson to thoroughly audit the Fed, passed the House. However in a brazen move that ought to…

• How Safe Is Your Bank? Texas Ratios of 7,500+ Banks

  Published 25 April 2010 | viewed 0 times

  In March I posted an Interactive Map of Worst Banks in the U.S. by Texas Ratio, Non-Performing Assets, and Total Capital. Today I have data…

• Goldman Sachs Fraud Roundup; The Story Has Just Begun

  Published 19 April 2010 | viewed 0 times

  Here are some interesting videos and news clips regarding Goldman Sachs. April 16 SEC Files Lawsuit Against Goldman Sachs "Rotten to the Core": Bill Black…

• Richard Koo On Why This Recession Is Different; Mish On What To Do About It

  Published 15 April 2010 | viewed 0 times

  The Business Insider has a very interesting presentation by Richard Koo on The Real Reason Why This Recession Is Completely Different. Here are a few…

• Small Business Optimism "Very Low and Headed in the Wrong Direction"

  Published 13 April 2010 | viewed 0 times

  If the US economy was about to reach "escape velocity" as Larry Summers says, small business optimism would not be in the gutter and sinking.…

• 19,000 Job Cuts Projected For NYC; Illinois Bill to Slash Pensions; Florida Bill To Slash Pensions; John Dennis vs. Nancy Pelosi

  Published 25 March 2010 | viewed 1,699 times

  There has been a stunning amount of news on state cutbacks over the past few days. Here are the top headlines. Up To 19,000 Job…

• Stupid In America; What's Wrong with the U.S. Education System?

  Published 15 March 2010 | viewed 2,606 times

  The following video should be required viewing for every member in Congress, every teacher in the United States, and every parent with children in public…

• The $2 Trillion Public Pension Hole and What You Can Do About It

  Published 15 March 2010 | viewed 2,811 times

  The cover story of Barron's is on public pensions, an issue I have been railing about for years, and heatedly so for several months. Please…

• ISM Service Sector Expands, Backlog of Orders and Employment Still Contracting; Public Sector Catchup Coming

  Published 03 March 2010 | viewed 2,372 times

  The service sector is in expansion for the second straight month, with the diffusion index sitting at 53. Anything over 50 is in expansion. Let's…

• For 15 Million Unemployed any Job is a Good Job; Questions for Pollyannas; Wishes Aren't Fishes

  Published 28 February 2010 | viewed 2,683 times

  Let's take a look at the employment situation and prospects for jobs starting with the cold hard numbers as they exist today. Please consider the…

• Short Selling Restrictions "A Great Indicator of Imminent Market Crashes"

  Published 27 February 2010 | viewed 1,693 times

  Inquiring minds are investigating Fannie Mae's stunning $72 billion loss for 2009 as well as new short selling curbs. The two are actually related. Let's…

• "Nascent" Recovery or "Nascent" Economic Collapse?

  Published 25 February 2010 | viewed 3,510 times

  Fed Chairman Ben Bernanke is one of the best contrarian indicators one could possibly find. Yesterday, Bernanke told the House Financial Services Committee that the…

• Weekly Unemployment Claims Spike To 496,000; Will Reality Soon Set In?

  Published 25 February 2010 | viewed 2,751 times

  Yesterday the market rallied the moment Bernanke started yapping to Congress about holding interest rates low for a considerable length of time. Pray tell what…

• Krugman Says Inflation Is The Answer

  Published 17 February 2010 | viewed 3,194 times

  Inquiring minds are considering The Case For Higher Inflation by Paul Krugman. Olivier Blanchard, normally at MIT but currently the chief economist at the IMF,…

• Misguided Economists Say Unemployment Rate Has Peaked

  Published 12 February 2010 | viewed 2,544 times

  Economists are giddy once again, following news that weekly unemployment claims dropped to 440,000. "In the week ending Feb. 6, the advance figure for seasonally…

• Governor Christie Declares "New Jersey on Edge of Bankruptcy"

  Published 11 February 2010 | viewed 3,801 times

  New Jersey is in a state of fiscal emergency. Expect to see more states follow suit. Please consider Christie to freeze $1.6 billion in NJ…

• $550 Million Will Create 400 Jobs ... In Mexico

  Published 09 February 2010 | viewed 2,473 times

  It takes ever increasing amounts of money to create just a few manufacturing jobs. Here is a case in point. Please consider Chrysler pledges $550M…