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Former IMF Head Dominque Strauss-Kahn, A Serial Offender? »

By now, I am sure everyone has heard about the alleged rape of a Sofitel maid in Manhattan by IMF leader, Dominique Strauss-Kahn. Strauss-Kahn is currently being held at Riker’s Island, in New York. The list of charges against him include first degree rape, and kidnapping. He’s in a boatload of trouble, and finally resigned [...]

Is the Federal Reserve Behind the European Bailout? Audit the Fed!! »

Is the American taxpayer ultimately bailing out the European Union? Far fetched? Don’t be so sure. While the focus of the European bailout has been on the European Central Bank, the European Union, and the IMF, little attention is being given to swap lines which were reopened between the Federal Reserve and the European Central [...]

Greece Facing “Titanic” Problem »

April 15, 1912. Early in the morning of this fateful day, the unsinkable Titanic went below the waters of the icy Atlantic and sank to its eventual berth on the ocean floor. In the process of hitting the iceberg that dealt the Titanic its fateful blow, the air of invincibility surrounding this greatest of ships [...]

The Shine Is Tarnishing – The True Obama Appears »

* bumped up * Well, it seems like it is finally happening. The world community to which Obama pandered during the campaign is starting to realize what many Americans now know (and some of us always did): He’s not all he’s cracked up to be. In this article from Spiegel, “Obama’s Nice Guy Act Gets [...]

Liu Mingkang Provides Sense on Cents »

With friends like this, who needs enemies? That trite saying is far too simplistic in defining the diverse and convoluted nature of U.S.-Chinese relations. That said, as President Obama prepares to arrive in the People’s Republic of China for the first time during his Presidency, he is faced with an extremely aggressive overture from Liu [...]

September 26, 2009: Month-to-Date Review of the Markets »

Did the market put in a top this week? Is the Federal Reserve sending signs of taking its foot off the accelerator? Is the economy displaying an inability to gain traction? Will the G-20 communique make any real impact on our global financial system? Let’s review the market performance for the week and provide our [...]

UN Calls for New Global Currency in Place of Greenback »

What drove the U.S. dollar dramatically lower yesterday? How about a communique from none other than the United Nations Conference on Trade and Development. UNCTAD recently released a statement in which it proclaims: Given the prevailing major shortcomings in the international financial and monetary system, UNCTAD draws attention to some elements of reform of the [...]

NoQuarter Radio’s Sense on Cents with Larry Doyle, Sunday Evening at 8PM »

July 26th show concluded . LISTEN to the archived show at any time. Join me from 8:00 to 9:00 p.m. ET on NoQuarter Radio for Sense on Cents with Larry Doyle. These are truly historic times in the global economy. Let’s “navigate the economic landscape” without the pandering or nonsense found elsewhere! Tonight I have [...]

Elizabeth Warren Top TARP Cop Reading “Goodnight Moon” [UPDATE] »

Editor’s UPDATE: Below the fold, there’s a pithy, explanatory description of what the T.A.R.P. oversight panel (Chair Elizabeth Warren et al.) concluded in its worrisome report on Treasury’s handling (or not) of the economy’s downturn. John Batchelor: From my blog. Don’t miss Larry Johnson on my show Sunday nights. Watch for NoQuarter’s promo on Sundays. [...]

G-20: Commitments, Comments, Questions!! »

British Prime Minister Gordon Brown just delivered a statement highlighting the results of the G-20 conference in London. There must have been a lot of work done behind the scenes over the last few months because it’s hard to imagine there was a lot of debate over issues within a 36 hour time frame at [...]

The Wall Street Oligarchs (part 1) »

(This compelling treatise on the oligarchs has been bumped up by Susan from the morning of March 29th.) There’s been a lot of finger wagging at the unruly class recently. It seems we, the Main Street Taxpayers, have it all wrong. Our outrage over the AIG bonuses is class warfare. Our ignorance over the workings [...]

Must-Read Economic News for NoQuarter’s First Responders »

Below, from end-of-the-week economy must-reads: The U.S. Is Not Strong Enough (!) for E.U. Membership … Obama Spouts Pablum (Drivel) … The Atlantic and Real Clear Politics Write Exposés on the State of Our Economy, With the Naked Truth About Who Controls Our Country 1) At BriefingRoom.TheHill.com, Judd Gregg says the U.S. couldn’t even join [...]

Batchelor & Constable: Why Gordon Brown Can’t Get Respect »

Batchelor & Constable Simon Constable and I speak with puzzlement of the apparent fact that the all-powerful Prime Minister Gordon Brown of the UK does not enjoy respect in Europe or in his home country.

Dr. Edwin Vieira’s Amazing Crystal Ball, 2006 »

I will admit that I am not a student of the Great Depression, but I have started reviewing that period. Obviously I, like every American, hope our economy stabilizes and we regain our footing and return to prosperity. While the pragmatic optimist in me believes that can happen, the trader and risk manager in me [...]

Let’s Revisit Europe: The Weakest Link »

***Cross-posted from my blog, Sense on Cents. Come by and visit! I thank our loyal reader in Michigan, Mr. Fiscal Liberal, for sharing with us a piece written by Simon Johnson, the former chief economist of the International Monetary Fund, a professor at the MIT Sloan School of Management, and a senior fellow at the [...]