News

Obama’s Approval Rating Dips Below 50%

With voters unhappy about his handling of the economy and the war in Afghanistan, President Barack Obama’s approval rating has fallen below 50% for the first time in Quinnipiac polling.
Obama’s Approval Rating Dips Below 50%
Markets

JP Morgan Hires Lobbyists From The “Swine Flu” Law Firm

JP Morgan has hired two lobbyists who were the top tax policy experts for Senator Max Baucus, the chairman of the tax bill writing Senate Finance Committee. The two lobbyists, Patrick Heck and Michael Evans, now work at K&L Gates, LLP. That’s the law firm where a partner recently berated […]
JP Morgan Hires Lobbyists From The “Swine Flu” Law Firm
Markets

4 Reasons Chris Dodd’s Fed Proposal Is Dumb

Stripping the Federal Reserve of its supervisory role over banks is sure to be the most controversial aspect of Senator Chris Dodd’s financial reform proposal. It isn’t an absurd idea to draw a clearer line between monetary policy and bank regulation.  But underlying Dodd’s analysis is a flawed premise about […]
4 Reasons Chris Dodd’s Fed Proposal Is Dumb
Markets

Global Monetary Policy Outlook

In this week’s note, we take a look at some recent monetary policy trends in advanced economies. This content is excerpted from a longer piece, “Global Monetary Policy Review,” which includes in-depth analysis of when the world’s emerging markets might shift interest rate strategy. This lo…
News

Now US Troops Are Protecting Chinese Mine Workers Against Taliban

It is not often one can read that the interests of China and America coincide and that they are cooperating on a major project. Ignore what politicians say, the reality is China and America often find themselves competing for the same resources and the same markets, around the world.
Now US Troops Are Protecting Chinese Mine Workers Against Taliban
News

It’s Payback Time For The Afghani Warlords

In return for their pledges to guarantee huge majorities for Karzai in the August 20 election, the Afghan president had to make promises to a number of power brokers or warlords in the provinces. Some of those were promised key ministries in the next government, according to Gilles Dorronsoro, a […]
It’s Payback Time For The Afghani Warlords
Markets

For Healthcare, It’s Christmas Or Bust

Just 14 hours after House approval, President Obama charged ahead to get his signature healthcare reform pushed through the Senate by calling on everyone to “take up the baton and bring this effort to the finish line.” 
For Healthcare, It’s Christmas Or Bust
News

HUGE Election Night For the GOP

It’s early, and they haven’t called the race yet for the New Jersey governorship or the controversial NY-23 Congressional district.
HUGE Election Night For the GOP
Tech

Europe Threatening To Block Oracle-Sun Deal

is braced for a formal objection from Brussels to its planned $7.4bn acquisition of fellow US technology company Sun Microsystems, escalating the company’s high-stakes legal wrangle with Europe’s competition authorities.
Europe Threatening To Block Oracle-Sun Deal
News

Sarah Palin: The Never-Before-Seen 2008 Victory Speech

This is totally awesome. Shushannah Walshe and Scott Conroy at The Daily Beast have published the speech Sarah Palin would have given had the McCain ticket won in 2008, and if she had been allowed to deliver it. (via Mediaite)
Sarah Palin: The Never-Before-Seen 2008 Victory Speech
News

MYSTERY: Saudi Oil Exports To America Suddenly Dry-Up

Saudi Arabia’s oil exports to the U.S. have suddenly fallen to a 22-year low according to August data provided by the Energy Information Administration (EIA). This places the kingdom in fifth place, behind Nigeria, in terms of U.S. oil imports.
MYSTERY: Saudi Oil Exports To America Suddenly Dry-Up
News

Obama’s Reputation On The Line Tomorrow

Yes, it’s 2009, an odd-year, but there are a handful of elections happening tomorrow, and they’ll be watched very closely, since they’re the first ones since Obama’s election last year.
Obama’s Reputation On The Line Tomorrow
News

Sarah Palin: GOP Kingmaker

It really doesn’t matter if you think Sarah Palin is an ignorant bumpkin who came dangerously close to The White House.
Sarah Palin: GOP Kingmaker
News

DO NOT VOTE: Democracy Destroys Masculinity

Did you vote Republican in the last presidential election? If so, you may have suffered a dramatic drop in the hormones thought to be linked to manliness, happiness and assertiveness.
DO NOT VOTE: Democracy Destroys Masculinity
Markets

Obama’s Popularity On Wall Street Takes Huge Hit

Results of a new poll from Bloomberg were actually pretty interesting. The headline is that Warren Buffett remains the most-respected prognosticator on Wall Street, edging out Bill Gross. But the real interesting part is that Barack Obama’s favorability has taken a huge plunge from 73% to 57%. Remember, contrary to […]
Obama’s Popularity On Wall Street Takes Huge Hit
News

Fewer People Support Cap And Trade

…In any event, the NBC/WSJ poll asked half its 1,000 respondents this: “Would you approve or disapprove of a proposal that would require companies to reduce greenhouse gases that cause global warming, even if it would mean higher utility bills for consumers to pay for the changes?”
Fewer People Support Cap And Trade
Markets

Alan Grayson Calls Fed Lobbyist A “K Street Whore”

Alan Grayson, the Florida Rep. that’s been outspoken about the Federal Reserve, is taking flack for referring to a Federal Reserve lobbyist as a “K Street Whore.” The comments were made on the Alex Jones show last month, but Republicans, who grabbed the clip below, are just making light of […]
Alan Grayson Calls Fed Lobbyist A “K Street Whore”
Markets

November 5th Could Bring End To UK Quantitative Easing

November 5th will no doubt keep England on the edge of its seat. That’s the day the Monetary Policy Committee will decide whether or not to end the process of quantitative easing, which in layman’s terms, means assisting the country’s financial system so that it doesn’t fall apart:
November 5th Could Bring End To UK Quantitative Easing
Markets

Galleon’s Google Tipster Identified As Active Stock Blogger

The Market Street employee who allegedly passed on information to Roomy Khan, who then allegedly passed it on to Galleon founder Rajaratnam has been identified by people familiar with the matter as Shammara Hussain, according to a report in the Wall Street Journal.
Galleon’s Google Tipster Identified As Active Stock Blogger
News

Rod Blagojevich Spotted Right Outside Our Office!

Ex-Illinois governor Rod Blagojevich is filming Donald Trump’s “Celebrity Apprentice” in New York this week, and it’s already causing a stir. We found Blago shooting for the next instalment of NBC’s hit show near our offices today, along with baseball star Darryl Strawberry, comedian Sinbad and wrestler Goldberg. Here are […]
Rod Blagojevich Spotted Right Outside Our Office!
Markets

Gartman: Congress Can Destroy The Fed If It Raises Rates Early

This morning on CNBC, a good discussion between Richard Bernstein and Dennis Gartman on the challenge facing the Fed. Neither think a rate hike is coming anytime soon, with Bernstein noting razor thin yields on 3-month treasuries as evidence. Gartman is more ominous, noting that the Fed was created and […]
Gartman: Congress Can Destroy The Fed If It Raises Rates Early
News

Struggling Jon Corzine Admits He Called Opponent A Fatso

Was Jon Corzine intentionally insulting Chris Christie’s weight in a commercial? This question arose last week, when the NYT noted that an attack ad prominently featured a rotund Christie, while prominently emphasising the word yet.
Struggling Jon Corzine Admits He Called Opponent A Fatso
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