Jesse's Café Américain Thu 2009-08-20 16:07 EDT

China Makes Biggest Cut in US Treasury Assets Since 2000

Jesse

One has to wonder how long the UK, Japan and the US can keep supporting each other's crony capitalist oligopolies. China DailyChina cuts US Treasury holdings in June2009-08-18NEW YORK: China reduced its holdings of US Treasury debt in June by the biggest margin in nearly nine years, according to a US Treasury Department report issued on Monday.China cut its net holdings by 3.1 percent to $776.4

2000; China Makes Biggest Cut; Jesse's Café Américain; treasury assets.

Thu 2009-07-30 00:00 EDT

Hussman Funds - The Destructive Implications of the Bailout - Understanding Equilibrium - May 18, 2009

-- ``The Treasury has issued an enormous volume of debt into the frightened hands of investors seeking default-free securities. This has allowed the Treasury to finance a massive and largely needless transfer of wealth to bank bondholders so easily over the short-term that the longer-term cost has been almost completely obscured...transferring wealth from those who did not finance reckless loans to those who did... the Treasury and Federal Reserve have crowded out more than a trillion dollars of gross investment that would have otherwise have been made by responsible people in the coming years, shifted assets to the control of those who have proven themselves to be irresponsible destroyers of capital, and have planted the seeds of inflation that will cut short any emerging recovery.''

18; 2009; Bailout; Destructive Implications; Hussman Funds; Understanding Equilibrium.

Wed 2009-04-01 00:00 EDT

Citibank has cut all lending in Denmark - Credit Writedowns

Citibank; credit writedowns; cutting; Denmark; Lends.

Fri 2009-01-16 00:00 EST

naked capitalism: "Bullshit Promises"

``I am distressed with the many and varied forms of dishonest that take place routinely in our culture...I believe that it is commercial speech that has fostered a willingness to cut corners with the truth.''

Bullshit Promises; naked capitalism.

Fri 2008-11-07 00:00 EST

Mish's Global Economic Trend Analysis: ECB Cuts .50% BOE 1.5%; Trichet Eyes More Cuts

``The impact from these central bank actions will will be close to zero...It was Keynesian foolishness that caused the housing bubble in the first place. Keynesian foolishness cannot possibly be the solution."

5; 50; BOE 1; cutting; ECB cuts; Mish's Global Economic Trend Analysis; Trichet Eyes.

Tue 2008-09-23 00:00 EDT

naked capitalism: China's Sinopec to Cut Oil Imports

China's Sinopec; cuts oil-import; naked capitalism.

Tue 2008-09-02 00:00 EDT

naked capitalism: Bank of China Cuts GSE Holdings by 25%

25; bank; China Cuts GSE Holdings; naked capitalism.

Mon 2008-07-21 00:00 EDT

Hussman Funds - Weekly Market Comment: How the War, Tax Cuts and the Swaps Market Debased the U.S. Financial System - July 21, 2008

2008; Hussman Funds; July 21; Swaps Market Debased; Tax cuts; U.S. financial system; war; weekly market comments.

Thu 2008-07-03 00:00 EDT

Mish's Global Economic Trend Analysis: AirTran Asks Employees To Take "Temporary" Pay Cut

deflation watch

AirTran Asks Employees; Mish's Global Economic Trend Analysis; pay Cut; take; temporary.

Mon 2008-06-30 00:00 EDT

Mish's Global Economic Trend Analysis: Massive Government and Private Sector Job Cuts Coming

massive government; Mish's Global Economic Trend Analysis; Private Sector Job Cuts Coming.

Fri 2008-06-13 00:00 EDT

Result of the Fed's rate cuts: global inflation, US stagnation | The Economic Populist

Tim Duy says low interest rates engendered unforeseen blowback

economic populist; Fed's rate-cutting; global inflation; resulting; stagnated.

Thu 2008-06-12 00:00 EDT

Angry Bear: Kudlow's Supply-Side Stupidity: Less Savings = More Investment!

Angry Bear: Kudlow's Supply-Side Stupidity: Less Savings = More Investment!; tax deferral not tax cut unless accompanied by spending cuts

Angry Bear; investment; Kudlow's Supply-Side Stupidity; save.

Thu 2008-05-15 00:00 EDT

Jesse's Café Américain: We Can't Handle the Truth?

Jesse's Café Américain: We Can't Handle the Truth? Volcker testimony coverage on Bloomberg cut; ignored by other media outlets

handles; Jesse's Café Américain; truth.

Wed 2008-05-14 00:00 EDT

Jesse's Café Américain: Citigroup is "Beyond Repair" and Dividend Cut "Foregone Conclusion" Says Meredith Whitney

Jesse's Café Américain: Citigroup is "Beyond Repair" and Dividend Cut "Foregone Conclusion" Says Meredith Whitney

Citigroup; dividend cut; foregone conclusion; Jesse's Café Américain; Repair; saying Meredith Whitney.

Sun 2008-05-04 00:00 EDT

Jesse's Café Américain: S&P cuts Countrywide to "Junk" on Bank of America Default Warning

Jesse's Café Américain: S&P cuts Countrywide to "Junk" on Bank of America Default Warning

America Default Warning; bank; Jesse's Café Américain; junk; P cuts Countrywide; s.

Thu 2008-03-27 00:00 EDT

It's Time To Cut The Trade Deficit - Forbes.com

It's Time To Cut The Trade Deficit, by Peter Morici - Forbes.com; "Globalization is not an unalloyed good. We don't need 300-horsepower cars. And Wall Street is not a citadel of integrity."

com; cutting; Forbes; Time; Trade Deficit.