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View the original here: Fiscal Cliff Talks Stall On Veto Threat; Name-Calling Begins; Showdown Over "Plan B"; Obama’s Fantasyland Statements
See the original post: Loan Default Rate Hits 11.23% in Spain, a New Record; Construction Defaults Hit 26.4%; Credit Plunges…
Late last month, Kyle Bass, managing partner of Hayman Capital, shared his thoughts in a video at the University of Virginia Darden School of Business Investing Conference with Professor Ken Eades. It is a fantastic interview that echoes many of the things I have been saying about Japan for quite some time.
Empire State Manufacturing Index Declines 5th Straight Month; Profit Squeeze Underway Posted by Michael Shedlock at 2:46 PM Disclaimer: The content on this site is provided as general information only and should not be taken as investment advice. All site content, including advertisements, shall not be construed as a recommendation to buy or sell any security or financial instrument, or to participate in any particular trading or investment strategy. The ideas expressed on this site are solely the opinions of the author(s) and do not necessarily represent the opinions of sponsors or firms affiliated with the author(s)
The days of getting carpal tunnel syndrome from cutting meat are now over, at least as measured by a meat processing plant in Greece, shown in the video below. The video starts out a bit slow, but is rather fascinating once it gets going.
Courtesy of the Weekly Standard , please check out the following union thuggery: Pro-Union Activist Threatens the Michigan Governor: ‘We’ll Be at Your Daughter’s Soccer Game’ A speaker at a protest against Michigan’s right-to-work legislation said that Republican governor Rick Snyder will “get no rest” from pro-union activists if Snyder signs the bill into law.”Just know one thing, Rick Snyder: You sign that bill, you won’t get no rest,” said Rev. Charles Williams II at the Tuesday rally in Lansing, according to Michigan Capitol Confidential
Car sales are up in the UK, but down 10% on average in the EU. Overall sales, including the UK, are down for the 14th consecutive month
According to Socialist newspapers and politicians “to pay a tax is an act of solidarity, a patriotic act.” Those leaving France because of its uncompetitive tax rate see things differently. Please consider Socialists Denounce Gérard Depardieu for Leaving France Gérard Depardieu, one of France’s best-known actors, has been accused by the country’s Socialist government of lacking patriotism after he moved to Belgium apparently in a bid to avoid the taxes for which France is also renowned. On Wednesday, Prime Minister Jean-Marc Ayrault weighed in, calling Mr.