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U.S. car sales are up
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Continue reading here: Number of Banks and Percentage of Problem Banks Over Time
Taxed to the Point of No Recovery; France Plans Tougher "Exit Tax" In a feudal as well as futile attempt to keep wealthy French citizens from leaving the country, France hikes the "Exit Tax" on transfers of wealth to outside of France. They also lower the base and increase the number of things on which the tax applies. According to a "pay-walled" article on Le Monde of which I can only read a part …
Original post: Government About to Destroy American Mortgages Permanently Warns Dick Bove; Mish Says Nonsense
More here: Pension Battle Shifts to San Jose, San Bernardino, Stockton; Rights of Dinosaurs vs. "Right Thing"
Links Thailand: Who are the Anti-Regime Protesters? December 3, 2013 Â (Tony Cartalucci) – After clashes with police in Bangkok and the taking of several government buildings, anti-regime protesters prepared for the next phase of their resistance – the protracted encampment of key governmental centers. Thousands of protesters are now permanently entrenched in an area winding for nearly a mile through the capital city.
Yahoo!Finance reports Judge says Detroit Eligible for Bankruptcy Detroit is eligible to shed billions in debt in the largest public bankruptcy in U.S. history, a judge said Tuesday in a long-awaited decision that now shifts the case toward how the city will accomplish that task. Judge Steven Rhodes turned down objections from unions, pension funds and retirees, which, like other creditors, could lose under any plan to solve $18 billion in long-term liabilities
View post: What Will Your Bank Look Like 5 Years From Now? How Will Pizzas Be Delivered? Do You Tip…