Hard hitting global and local news
Links Chavez & Thaksin: A Tale of Two Socialists and Western Hypocrisy March 6, 2012 (LD) – Confounding was the Australian’s (newspaper) recent op-ed titled, " Death of a ruthless autocrat ," in regards to the late Hugo Chavez.
Traffic Slump at Olive Garden, Red Lobster, LongHorn; Smaller Plates, Cheaper Items at Olive Garden; Saturation Everywhere High gasoline prices coupled with 2% payroll tax hikes is going to take a bite out of restaurant sales this year. For some chains the slump has already started.
France Unemployment Highest Since 1997 In the easy to see coming category (thanks to the socialist policies of French president Francois Hollande) French unemployment level hits 15-year high . Unemployment numbers in France rose by 43,000 in January to 3.16 million, an increase of 10.7 percent from last year, the labour ministry revealed on Tuesday. The figure is at its highest since January 1997, when it reached 3.19 million.  Rising unemployment is a setback for Socialist President Francois Hollande, who has pledged to curb the unemployment rate from the current level of more than 10 percent to a single-digit figure by December.
Less Than Useless: Goldman Sachs Lowers Gold Forecast Following Plunge (Purposely Late?); Downside Risks In the less than useless category, Goldman Sachs lowered its gold price targets by over $200 an ounce following the recent plunge. Goldman now says Gold’s Cycle Seen Turned . The cycle for gold prices, which climbed for 12 straight years, has probably turned as the recovery in the U.S
See more here: Rand Paul Keynote Speaker in Palatine, Illinois Monday, March 4th
Grillo 57 Monti 17 There are 315 total seats and the total above is only 301. Although 14 seats remain, not even a Monti-Bersani coalition in addition to those 14 seats would bring Bersani’s total to 158. Curiously, it appears Bersani received a plurality of the Senate popular vote with 32% compared to Berlusconi’s 30.2%.
View article: Real Time Italian Election Data and Projections; TV Projections Show Berlusconi Coalition Leading in Italy Senate
Quadrocopter Pole Acrobatics Posted by Michael Shedlock at 9:02 PM Disclaimer: The content on this site is provided as general information only and should not be taken as investment advice.
Following a wave of suicides in China, one at Foxconn where a worker twice attempted to kill himself and succeeded the second time, Foxconn suspended hiring, deciding to use more robots .
Joe Weisenthal on the Business Insider writes " I Have Seen The Scariest Chart In Europe ". The chart Weisenthal refers to is from Google Trends. It shows a surge in searches on Beppe Grillo.