Friday, January 27, 2012

Do People Intuitively Seek Government’s Help During Crisis? Not in Italy

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A popular notion is that the default mode by the public during an economic crisis is to seek sanctuary in the nanny state. But that’s not ...

US Senate Approves Debt Ceiling Increase

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From the New York Times , The Senate voted on Thursday to allow a further increase in the federal debt limit, permitting President Obam...

Video: Stephen Roach: Central Bankers Pulling the Wool Over Our Eyes with ZIRP and Magical QE

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[hat tip ZeroHedge ] In the interview with Bloomberg’s Tom Keene at Davos, Morgan Stanley Asia’s Stephen Roach is right to point out that ce...
Thursday, January 26, 2012

War on Outsourcing: The Specter of US Economic Nationalism (Protectionism)

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The Malaya reports President Aquino appears unfazed by US President Barack Obama’s endorsement of House Bill No. 3596 or "Call Cen...

World Press Freedom Rankings: Philippines 140th

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Reporters without borders recently released the Press Freedom index. The press release goes … This year’s index sees many changes in ...

A US-Philippines Bases Treaty (2012 Edition) in the Making?

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From the Washington Post , Two decades after evicting U.S. forces from their biggest base in the Pacific, the Philippines is in talks w...

Video: Cato Institute on Obama's State of the Union Address

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Cato experts straighten out many of the twisted political statements made by US President Obama at last night's State of the Union addre...

Gold Reclaims $1,700 level, US Federal Reserve Promises Low Rates Until 2014

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As I keep saying , global central banks will continue to flood the system with a tsunami of liquidity, and this will be spearheaded by the U...
Wednesday, January 25, 2012

Quote of the Day: No Progress (on Liberty) Without Struggle!

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Let me give you a word of the philosophy of reform. The whole history of the progress of human liberty shows that all concessions yet mad...

Iran to Trade Oil for Gold to Bypass Sanctions

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Iran reportedly plans to skirt US and Euro sanctions by trading her oil for gold with India and China From Debka.com (hat tip lewrockwell...

Saber Rattling over Iran is only Part of the Big Oil Price Story

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Dr. Ed Yardeni writes at his blog , Despite Iran’s saber rattling, the price of oil hasn’t soared. The price of a barrel of Brent has b...

Video: Amazing YouTube Statistics

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This is a terse video on some amazing YouTube statistics. This only shows how social media networks, like YouTube, has been reconfiguring ou...

How Economic Freedom Erodes India’s Caste System

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From Economic Times India , (bold emphasis mine) On the face of it, entrepreneur Ashok Khade is just another one of India's growing...
Tuesday, January 24, 2012

Quote of the Day: Nationalism

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And this is what nationalism seems to mean. The individual gives up the effort to treat the world, material or human, as his oyster, and...

Mobile Internet: Welcoming Dr. Smartphone?

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I think the major springboard in the next wave of advances in the technology sector will be in the applications aspects of the mobile intern...

Media Abuzz with Prospective QEs (by the FED and the ECB)

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Speaking of central banks determining market actions, it would seem that the mainstream (media, investors, academe, institutional analysts a...

Year of the Dragon: A Stock Market Boom?

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The Economist says that the year of the Dragon will bring good fortune to stock market investors. That would be nice to hear. Here’s the...

Coming War on Iran: Europe Bans Oil Imports from Iran

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The US has been tightening the screw around Iran’s neck. And as earlier postulated, part of the bailout package of the Eurozone comes with...

Keystone Pipeline Controversy: Warren Buffett Profits from Obama’s Policies

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From Bloomberg , Warren Buffett’s Burlington Northern Santa Fe LLC is among U.S. and Canadian railroads that stand to benefit from the ...