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Retail Sales Dent Treasurys - Wall Street Journal
Factbox: Examiner's findings of claims against Lehman officers - Reuters
KKR to Move Stock Listing to New York From Amsterdam - BusinessWeek
Stocks boosted by retail sales - CNNMoney.com
Norway's Yara exits Terra battle, shares rise - Reuters
![Freakonomics[Revised and Expanded]](/images/21xRHBWYYML.jpg "Freakonomics[Revised and Expanded]")
This Traveler IQ was calculated on Monday, December 14, 2009 at 12:15AM GMT by comparing this person's geographical knowledge against the Web's Original Travel journal's 4,891,786 travelers who've taken the challenge.
NEXT year China will overtake Japan to become the world’s second-largest economy. Its rapid ascent has led some to question whether China will follow in Japan’s footsteps, with the bursting of a massive bubble followed by years of decline.
As part of its 2010 Job Forecast, CareerBuilder surveyed more than 2,700 hiring managers and human resource professionals nationwide across industries. The result? Companies are looking to the future and making up for lost ground caused by the recession. The following are 10 trends for 2010:
Critics say movies will never be the same after Avatar. Like the iPhone in the mobile world, this movie disrupts an entire industry.
Looks like Avatar is well on its way to an eye-popping opening weekend, banking an estimated $27 million at the box-office on Friday, according to Hollywood.com Box Office. (This includes the $3.5 million the 3-D epic made in midnight showings Thursday night.)
Not surprising to see many of the countries in this list are in Africa.
Country, Growth Rate
1. Qatar, 16.4%
2. Botswana, 14.4%
3. Azerbaijan, 12.3%
4. Republic of Congo ,11.9%
5. Angola, 9.3%
6. East Timor, 7.87%
7. Liberia, 7.53%
8. China, 7.51%
9. Afghanistan, 7.01%
10. Uzbekistan, 7.00%
11. Turkmenistan, 6.96%
12. Iraq, 6.69%
Source: GDP Growth Forecast 2010, EconomyWatch.com Economic Statistics Database
Gold correction is not done yet. I see Gold testing 1030 and GLD ETF testing 100 soon.
Via Vimeo.com
Visualizing Bank Failures ( 2008-2009 ) from Michael J Bommarito II on Vimeo.
SHANGHAI (AP) — China has overtaken the U.S. as the world’s biggest market for automobiles, the first time any other country has bought more vehicles than the nation that produced Henry Ford, the Cadillac and the minivan.
More than 12.7 million cars and trucks will be sold in China this year, up 44 percent from the previous year and surpassing the 10.3 million forecast in the U.S., according to J.D. Power and Associates.
Interesting to see that Russia has more staff members per 100,000 than U.S does.
“Ben S. Bernanke used a hearing for his reconfirmation as Federal Reserve chairman on Thursday to express concern about legislation that would put the Fed on a tighter leash and let Congress “second-guess” its decisions.
Mr. Bernanke’s chief concern was a proposal by Representative Ron Paul, Republican of Texas, to “audit the Fed.” The amendment to the House of Representative’s bill overhauling financial regulation would submit the Fed to audits of its decisions concerning monetary policy.”
The above was an excerpt from New York Times article
Now why would anyone be surprised that Bernanke will oppose a bill that will force Fed to open up its Pandora box? I have been a vocal critic since last year with the way Federal Reserve overreacted to the whole Credit crisis. The reckless steps Fed has taken have long term consequences on our future generations. I think it is time that we audit the Fed. Fed has proven itself as an imbecile organization over the past few years. Fed lost its “independence” character and sold itself to Wall street.
I think Bernanks doesn’t deserve a second term. We need some fresh blood that is not from Goldman Sachs. We need to end this “easy money” policy and address the looming inflation threat. I urge you to support Audit the Fed bills proposed by Ron Paul.
Call your local senator and congressman to support HR1207 and S604.
http://www.auditthefed.com/?mode=actionpage&signed=Y&zip=10016
http://www.auditthefed.com/index.php