U.S. Downgrade Slams Stocks Worldwide- Breakout Stocks are getting slammed, reportedly in response to Standard & Poor’s downgrade of the U.S. credit rating from AAA to AA+. But S&P’s downgrade isn’t the only culprit. Welcome to the new world disorder- The Daily Ticker U.S. debt remains ‘gold standard’- WSJ AIG sues BofA for billion alleging […]
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Banks are planning on throwing away free checking. Now that in mid August they will not be able to charge overdraft fees unless you opt-in. The new checking account will have free credit monitoring but charge a monthly checking account fee of .95 Would you sign up for this? It’s in the works at some […]
W/ the New Jersey governship now in jeopardy of being lost R the Dems calling in ACORN 2 promote voter fraud?
Even the Democrat Party’s secretary has now opened the door for voting w/o signature or proof of the person voting. The state has received a flood of 180,000 absentee ballot requests (mostly from ACORN). On some 3,000 forms the signature doesn’t match the one on file with county clerks. Yet citing concerns that voters would […]
What is Maxine Waters worst offense: recent bank bailout money fraud or encouraging continued riots in 1992?
On the riots: in an interview with Katie Couric on NBC’s "Today" show, she described the rioting as "a spontaneous reaction to inequality and injustice." She added: "I am extremely . . . angry, and I have no problems with saying that. You know, there comes a time when it’s all right to be angry, […]
http://market-ticker.denninger.net/archives/1138-Executive-Branch-Corruption.html Corruption is a strong word, but it appears warranted given the two stories of import this weekend. First, on the firing of inspectors general: WASHINGTON – — He was appointed with fanfare as the public watchdog over the government’s multi-billion dollar bailout of the nation’s financial system. But now Neil Barofsky is embroiled in […]