Shutting the Road to Locals - 9/7/2012

9/7/2012

Here's what we're following this morning:

(via Dangerous Minds; I hope Lemmy's mole gets its own doll)

Want to know what a no-volume market looks like to a (soon-to-be-unemployed) trader? - Zero Hedge | Nothing like spending a lot of money...for nothing.  Meanwhile, the CME Group volume falls 40% versus last year.

Test to come for Draghi's plan - Financial Times | Yesterday was great!  Markets are up!  The world is save...uh...hold on.  When the fear returns, the ECB will be tested.  It's easy to be a hero during peacetime.  When the bullets are flying?  Not so much.

The first rule of Drone Club is you do not talk about Drone Club - Azizonomics | How would you like to be targeted based upon whether you appear to look at act like a bad guy?  In some cases, being a military-aged male at the wrong place at the wrong time is enough to justify your death.  Sleep well tonight, kiddies.

Who should take the blame for the economy? - Counterpunch | Money was available...but never used for its designated purpose.  With today's unemployment number, we continue to see the ramifications of a blame-everyone-else strategy.

The dumbing-down of American foreign policy - TomDispatch | He didn't just continue the programs.  He amplified them.  So much for that blame-everyone-else strategy.

How big business is buying the election - Truthout | Super PACs are nothing compared to the pull of corporate dollars.

Know who loves low interest rates?  Your Fed chairman. - The Washington Post | *feign surprise*  See?  This QE thing works!

Bulls resolve the issue - Market Montage | Today?  Another matter, possibly.

Spain's financial markets embrace ECB bond-buying program - El Pais | Dear El Pais: I am so surprised that a bankrupt country is exuberant about an external financial entity buying the bonds that no one else wants.  Signed, The World.

America's unfinished business - Sense on Cents | Should we even have to remind them?  Do they even WANT to be reminded?  Would it even matter?

My wife tells me this is important - Huffington Post | Meh.  What do I know?

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