Wednesday, June 27, 2012

Buried Headlines: June 27, 2012

Buried Headlines: June 27, 2012
CNBC claimed the other day that the Greek elections left the Euro "in balance". This is not the case. The pain is still coming. And for us, Taxageddon is right around the corner.

Rosenberg Opens Pandora's "Global Economic Shock" Box

Ray Dalio: Don't Assume That Germany Will Bail Europe Out; Consider The "Fat Tail" A Significant Possibility

 Of Course THEY Are: France "Ready To Share Budget Sovereignty"

ECOMINOES FLASHBACK: More On The Ongoing Depression And The Coming Austerity 

I don't care about the performance of the IPO. Facebook's logo is everywhere, it has partnerships with every major company you can think of, and, by issuing stock, it now has billions in capital. Zuckerberg and company needed to be taken down a few pegs (the IPO disaster took care of that), but now that they've been humbled, they're going to be even better at making a lot of people a lot of money. Buy the stock.

Wall Street Analysts Give Facebook Cautious Nod

ECOMINOES FLASHBACK:  Facebook Is Positioned To Take Over The World: Buy The IPO No Matter The Price

In other news:

News Corp. Mulls Splitting In Two

House GOP Leaders To Discuss Deal On Student Loans

ECOMINOES FLASHBACK: Student Loan Forgiveness: The Necessary Bailout

Obama Prepping Thousands Of Lawyers For Election

"We're From The Government, And We're Here To Help You Lose Weight"

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