Hard hitting global and local news
Originally posted here: Former Australia Prime Minister Chastises EU on Securing Borders, Economic Migration; Mish for President Review
MarkeyWatch author Brett Arends offers this opinion: Why Dennis Hastert’s Conviction is an Outrage . If you aren’t outraged by what just happened to “disgraced†former House Speaker Dennis Hastert, you’re not paying attention. No, it doesn’t matter if you think he’s a raging hypocrite
Originally posted here: Courage to Act; Reflections on Fed Hubris; What if Whatever it Takes is Not Enough? Fed Troika?
Read the article: China Turns Tables on US-Backed Agitators
3rd Quarter Advance GDP Estimate +1.5%; December Hike Odds Up to 46.5% The third quarter advance (initial) GDP estimate came in at 1.5% a bit under the Econoday Consensus of 1.7%, a bit over the Atlanta Fed GDPNow Forecast of 1.1%, and well below the Blue Chip consensus of 2.1%.
See the article here: Final 3rd Quarter GDPNow Forecast vs. Consensus Estimates Ahead of 3rd Quarter GDP Release
Crain’s Chicago Business reports Emanuel Gets His Huge Property Tax Hike . The City Council has approved Mayor Emanuel’s bad-news city budget, including plans for a record $543 million city property tax hike over the next four years
Eli Rabett Eli Rabett Eli Rabett is a not quite failed professorial techno-bunny, a chair election from retirement, at a wanna be research university that has a lot to be proud of but has swallowed the Kool-Aid. The students are naive but great and the administrators vary day-to-day between homicidal and delusional. His colleagues are smart, but they have a curious inability to see the holes that they dig for themselves
Read More: EU Rules Bitcoin is a Currency, US Says Bitcoin is a Commodity; Which Side is Correct? What About…
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