Thursday, July 12, 2012

Buried Headlines: July 12, 2012

Buried Headlines: July 12, 2012
Link of the day:

6 Must-See Charts That Show The Welfare State Run Amok

The Fed is now concerned that the economy is going to plunge back into recession. This is an unwarranted fear, of course, as the economy remains stuck in recession. But Bernanke & Company are correct about one thing: conditions will soon deteriorate even further.

Preaching To The Choir: Fed Officials Warn Of Looming Crisis For Economy

ECOMINOES FLASHBACK: Growth Of Consumer Debt Suggests Economy Is Even Worse Than Reported

Let's Print Our Problems Away: Some On FOMC Said More Stimulus Probably Will Be Needed

Bernanke Bucks: Record Low Yield For US Treasuries

What Do Bonds Say About S&P 500 "Fair Value"?

In other news:

U.S. Unemployment Is Even Worse Than It Looks

ECOMINOES FLASHBACK: The Real Unemployment Rate Is Much Higher Than BLS Reports
  Rising Costs Push California Cities To Fiscal Brink

ECOMINOES FLASHBACK: California: The GDP, Budgetary Woes, And Resistance To Austerity Of A PIIGS Nation

Inevitable: Spain Deepens Austerity Under European Pressure

Your Daily Tyranny: DOJ Lawyer Tried To Stifle Reporter

HHS Secretary Kathleen Sebelius Lies Through Her Teeth Regarding Obamacare

Double The Spending On Public (Government) Education Yields Worse Results

An Analysis Of What Is Destroying The Middle Class

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