http://www.wibc.com/AndySmithBlog/home.aspxInvesting Senseen-usCopyright 2012, WIBC-FMThu, 23 May 2013 09:03:45 GMTWed, 21 Mar 2012 12:00:12 GMT1http://emmisinteractive.comHere's what we're following this morning (*what's a "smoke-wagon," you ask?): AARP back in bed with effort to cut Social Security and Medicare - Naked Capitalism | Sell out your base, cater to monied interests. Investment manager stands up for Truth and the American Way - Dealbreaker "The Order of the Star-Spangled Banner" - Jesse's Cafe Americain | History may not repeat, but it sure rhymes. Super PACs supply millions as GOP race drains the field - New York Times | Reliance on few people with big $$$s = bad news. Do you trust Uncle Sam? - Sense on Cents In praise of hedging - Charles Hugh Smith | Risk without backup is stupid risk. And you wonder why we're broke? - Mother Jones | Everything's a business model. Even war. Jeffrey Sachs' grab for the World Bank - Counterpunch | Just another Economic Hit-Man. Still believe the "Money on ...http://www.wibc.com/AndySmithBlog/home.aspx?BlogEntryID=10362278http://www.wibc.com/AndySmithBlog/home.aspx?BlogEntryID=10362278Wed, 21 Mar 2012 12:00:12 GMTHere's what we're following this morning: GOP budget proposal to be unveiled - Washington Post | "Take money from L pocket, move to R pocket." Success! Lagarde warns that "oil could be the new Greece" - The Guardian | Always need a boogeyman. Millions of UK workers lose pension battle with government - The Telegraph SocGen sees a sharp rally in gold, sharp decline in US GDP - Gold Core Reevaluating the costs and benefits of higher education - OnlineCollege | Debt negates happiness? Nah. Climate change acceptance nosedives with the economy - Ars Technica | Imagine that: focusing on other things when you're broke. Brussels sued over NYSE block - Financial Times | Must. Create. One. Market. Debating the US/Afghan strategic partnership - Counterpunch | Minus the wanton killing, of course. Geeze. Randomness of derivatives payout is bizarre and terrifying - Dealbreaker | Roulette tables, here we come! We have ...http://www.wibc.com/AndySmithBlog/home.aspx?BlogEntryID=10361776http://www.wibc.com/AndySmithBlog/home.aspx?BlogEntryID=10361776Tue, 20 Mar 2012 12:20:44 GMTHere's what we're following this morning: Bernanke: "I want to bring back irrational exuberance" - Bruce Krasting | Worked so well the first time around The rebirth of the actively-managed US stock fund - ConvergEx Group | When you compare something to Chrysler... UK trying to squeeze blood from turnip: tax rate changes and lower salaries abound - The Guardian Is Goldman the next Bankers Trust? Is DC removing safeguards for investors at the same time? - New York Times Karzai "at the end of his rope" with US troops - Washington Post | Afghan PR needs to pick better metaphors Meanwhile, America launches a Persian Gulf surge via gunboat diplomacy - RT Greeks are turning to alternative currencies - io9 Our financial Stockholm Syndrome - Mother Jones | I'm more emotionally attached to my toothbrush Afghanistan acts to curb flight of capital - Financial Times | "The US is doing ...http://www.wibc.com/AndySmithBlog/home.aspx?BlogEntryID=10361244http://www.wibc.com/AndySmithBlog/home.aspx?BlogEntryID=10361244Mon, 19 Mar 2012 11:44:29 GMTHere's what we're following this morning: No one is willing to pay the political price to cut spending - Casey Research What do $100 billion of Ponzi Bonds mean? - Peter Tchir Dow 6000? How's that for a bottom estimate? - Trim Tabs Money Blog | Don't worry, it's only if the Fed money stops. Unmasking the Federal Reserve - Joe Salerno Trustee sells MF Global customers' gold and silver to Jeffries & Company - WSJ via Jesse's Cafe Sanctions on India would be "strategic suicide" for the US - RT Ireland realizing that they are repaying $ that is then burned - Naked Capitalism Plot twist in France while businesses are dying - Testosterone Pit Dissent and the politics of control - Counterpunch  "Working as a foreign correspondent changed my attitude towards money." - The Telegraph http://www.wibc.com/AndySmithBlog/home.aspx?BlogEntryID=10360660http://www.wibc.com/AndySmithBlog/home.aspx?BlogEntryID=10360660Fri, 16 Mar 2012 12:11:48 GMTHere's what we're following this morning: Romney meets "peasants with pitchforks" - Washington Post How does FINRA lose 8 hours of testimony? - Sense on Cents | Compliance-wise, this is an absolute joke. [More] Concerns rise over eurozone fiscal treaty - Financial Times | Wes Craven couldn't write a horror script this bad. [More] Questions as banks increase dividends - New York Times | Like, "How can I become a Primary Dealer, too?" Is this the chart of a broken inflation-transmission machine? - Sean Corrigan/Diapason Or is THIS that chart of the true broken machine? - Zero Hedge US starts to close bases in Afghanistan - Wired | Does anyone in DC still have the "Mission Accomplished" banner? Natural gas a weak weapon against climate change - National Geographic What exactly does George Soros' "nurse" do? - Dealbreaker "Dueling Banjos" on Tesla coils - Boing Boing | Yes, really.http://www.wibc.com/AndySmithBlog/home.aspx?BlogEntryID=10360178http://www.wibc.com/AndySmithBlog/home.aspx?BlogEntryID=10360178Thu, 15 Mar 2012 12:11:41 GMTHere's what we're following this morning: Ex-Goldman Sachs executive dishes dirt on how GS rips off its clients - Zero Hedge, New York Times Stress test results are released, 4 of 19 have issues - Washington Post | 15 didn't turn in their results, so who knows? Strong quake rocks Tokyo region, 6.8 offshore tremor - RT | Krugman is wetting himself with thoughts of growth spending Here's what's really afoot when it comes to political money - Thomas Ferguson Romney reviews the Olive Garden in Grand Forks, ND - Mother Jones | Like watching NASCAR versus owning a team Greek bailout clears "last" eurozone hurdle - Financial Times Spain is fine - Banco de Espana | "If you're so healthy, why do you take all those pills?" Four charts of interest on Fed-Speak Day - Charles Hugh Smith A Chinese official's view on America - Sense on Cents  NYC man "steals" ...http://www.wibc.com/AndySmithBlog/home.aspx?BlogEntryID=10359741http://www.wibc.com/AndySmithBlog/home.aspx?BlogEntryID=10359741Wed, 14 Mar 2012 14:20:12 GMTHere's what we're following this morning: Can any of us afford to be misled by fantasy financial reporting? - JS Kim "...if government programs were cancelled, the economy would collapse back into severe recession." - Balestra Capital Prisons rethink isolation, saving money, lives, and sanity - New York Times Better data doesn't always fix the problem - Naked Capitalism Would Syria be a proxy war? - Mother Jones President defends energy policies - Financial Times A two-fer! DARPA director quits Pentagon for job at Google - Wired DOJ asks court to keep secret any partnership between Google and NSA - Legal Times What would lead to a 651% interest rate? Your stupidity. - Washington Post Sarkozy? Received 42 million from Gaddafi? Unthinkable. - The Telegraphhttp://www.wibc.com/AndySmithBlog/home.aspx?BlogEntryID=10359145http://www.wibc.com/AndySmithBlog/home.aspx?BlogEntryID=10359145Tue, 13 Mar 2012 12:17:44 GMTHere's what we're following this morning: Heat-ray crowd dispersal cannon unveiled - RT | Now you can cook your eggs at OWS, not at home! New stress tests expected to show progress at most banks - New York Times "I wanted a brokered convention." - Mother Jones | Thanks for nothing, Steele. Beware of housing market cheerleading - Naked Capitalism An open letter to Jamie Dimon - James Koutoulas | Take note of the intro about JPM's advertising Fed set to keep policy unchanged - Financial Times Scooter Libby v. Bradley Manning - Counterpunch The media forgets that the Jobs issue is about quantity AND quality - Zero Hedge Honeybees may have personality - Wired | Economists? Not so much. MF Global executives set to receive bonus payouts - Dealbreakerhttp://www.wibc.com/AndySmithBlog/home.aspx?BlogEntryID=10358280http://www.wibc.com/AndySmithBlog/home.aspx?BlogEntryID=10358280Mon, 12 Mar 2012 13:27:01 GMTHere's what we're following this morning: Since much of Greece's debt owned by eurozone taxpayers, expect political and economic crisis - OpenEurope The real cost of living = $150k/year MINIMUM - The Fiscal Times TARP funds: locked in a vault to be returned to banks in good health, or blown on risky ventures? - Dealbreaker Boehner tries to keep budget from becoming election year issue - WaPo | Yeah, good luck with that, Johnny Homelessness rise of 14% "just the tip of the iceberg" - The Guardian For members of Congress, the thrill is gone - Mother Jones What happens if more foreigners need to buy Japanese bonds? - Financial Times Mass surveillance has become the norm, esp. thanks to Deep Packet Inspection - Counterpunch Pentagon "superbomb" Iran strike would outdo Israel - RT | Who names these things, a 6 year old? Let's pretend that financialization has NOT killed the economy ...http://www.wibc.com/AndySmithBlog/home.aspx?BlogEntryID=10357636http://www.wibc.com/AndySmithBlog/home.aspx?BlogEntryID=10357636Fri, 09 Mar 2012 12:56:24 GMTHere's what we're following this morning: One super PAC takes aim at incumbents of any party - Washington Post The US wants to tap their SPR; China wants to add to theirs - Bloomberg | They're not in an election season What if the economy is never destined to reach a stable equilibrium? - Sovereign Man Duke Univ./CFO Survey: Cautiously Optimistic - Sense on Cents "Capitalism is an alternative for what we have now." - Jim Grant on CNBC US retirees, eat your heart out: the UK is considering NOT taxing its pensioners - The Telegraph Schools without toilet paper, banks with their bailouts - Naked Capitalism Japan weighs its nuclear future - Financial Times Bankruptcy for a whole generation - Testosterone Pit | Thanks, student loans! That "pink slime" in your kids' school lunch - Mother Jones | The USDA: looking after your health since 1862http://www.wibc.com/AndySmithBlog/home.aspx?BlogEntryID=10357129http://www.wibc.com/AndySmithBlog/home.aspx?BlogEntryID=10357129Thu, 08 Mar 2012 12:57:19 GMT