Hard hitting global and local news
Fed Minutes Show Majority Believe "Marginal Efficacy of QE Likely Declining"; Economy Turned the Corner? Inquiring minds are reading Minutes of the December 17-18 FOMC Meeting to see what the Fed is thinking
CNN reports No green card?
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Follow this link: 70% of Spanish Citizens Don’t Believe Prime Minister Rajoy on the Recovery
Zero Hedge : Pending Home Sales Plunge At Fastest Pace Since April 2011 It took about one second to understand the discrepancy. All but the ZeroHedge headline (not necessarily the articles) ignored the NAR statement (see first link) " The Pending Home Sales Index,* a forward-looking indicator based on contract signings, inched up 0.2 percent to 101.7 in November from a downwardly revised 101.5 in October, but is 1.6 percent below November 2012 when it was 103.3. " ZeroHedge has a chart that shows just that.
Obamacare Showdown: Missouri Bill to Gut Obamacare, Ban Penalties, Ban Healthcare Exchange; How Would Obama Respond? If enough states act, we are on the way to a constitutional showdown over Obamacare. The Washington Times reports Missouri bill would gut Obamacare Next month, the Missouri Senate will consider a bill which would effectively cripple the implementation of the Affordable Care Act within the state
The Guardian comments on today’s NSA Phone Ruling . A legal battle over the scope of US government surveillance took a turn in favour of the National Security Agency on Friday with a court opinion declaring that bulk collection of telephone data does not violate the constitution. Friday’s ruling makes it more likely that the issue will be settled by the US supreme court, although it may be overtaken by the decision of Barack Obama on whether to accept the recommendations of a White House review panel to ban the NSA from directly collecting such data