September 23, 2014
Video: The Bizarre Reason Your Health Insurance Plan Was Cancelled
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Hard hitting global and local news
Hard hitting global and local news
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Excerpt from: Spain Mandates Public Companies "Stop the Bleeding" No More Layoffs
Inquiring minds may also wish to consider Obama’s “Moderate Rebels†Sign Deal With ISIS . The supposed “moderate†rebels fighting Syrian dictator Bashar al-Assad — self-styled jihadists whom the Obama administration and Congress plan to supply with even more support under the guise of battling the Islamic State (ISIS) — recently signed a non-aggression pact with ISIS (also known as ISIL), according to reports from human-rights groups and French news agency Agence France-Presse (AFP).
A Fiscal Times, Yahoo Finance article by by John Grgurich claims that Instead of QE, Fed Could Have Given $56,000 to Every Household in America . Grgurich formulated his article after reading "an intriguing piece just published in Foreign Affairs, Brown University political economist Mark Blyth and London-based hedge fund manager Eric Lonergan argue the Fed could have done better by pursuing a far different type of grand policy experiment. " The "intriguing piece" is Print Less but Transfer More , Why Central Banks Should Give Money Directly to the People .
Originally posted here: Lesson of the Day: The Political Class Always Wins
Today the Financial Times reports ECB’s Lending Spree Short of Expectations . The European Central Bank’s first offer of cheap four-year loans has fallen short of expectations, dealing a blow to president Mario Draghi’s hope of sustaining the eurozone’s ailing economy by expanding the central bank’s balance sheet. Banks borrowed €82.6bn through the first of the ECB’s Targeted Longer-Term Refinancing Operations, or TLTROs, one of policy makers’ big ideas to revive the currency area’s recovery.
Read more here: Companies’ Stock Buybacks at Biggest Pace Since 2007; Companies Rewarding Investors?
View the original here: Venture Capital Risk Taking and Cash Burn Rates Unprecedented Since 1999; 47% of Nasdaq in Bear…
A Financial Times headline portrays falling prices as a negative thing: Deflation Takes Shine Off Sales for Italy’s Shopkeepers .
Counting Sheep: French Government Faces Second No Confidence Vote in Six Months Second No Confidence Vote in Six Months In spite of the fact the Socialist party holds a majority of just 1 in the 577-seat lower house, French prime minister Manual Valls hopes to stabilize things with a Second No Confidence Vote in Six Months . Mr Valls could see a narrowing of his majority compared with the vote when he was first appointed prime minister at the end of March after a big socialist loss in local elections. Then he won by a margin of 306 votes to 239 against, with 26 abstentions.“Valls is politically and economically archaic