Posts Tagged ‘Wall Street’

America Gets More Empty Reports

by Mike McCune –   American market indexes reached all-time highs on April’s unemployment and jobs report today. The markets ignore corresponding reports showing service sector jobs are in retreat and factory orders showed the sharpest decline in seven months.(1)   How can the facts be reconciled?   The short answer is they can’t.   [...]

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Wall Street, Main Street Do Not Agree

by Mike McCune –   The jobs report for February came in nicely and Wall Street cheered. Meanwhile the January jobs report was slashed by 25% from a gain of 157,000 to 119,000 and Wall Street yawned.   That is because the deceit must be maintained. According to Washington, America has been in a recovery since [...]

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Wall Street Thinks Bull Will Continue

by Michael McCune –   There is some amazement among Wall Street observers about how well the market is doing in the face of so many stern headwinds. Their continued amazement is either a sign of stupidity or culpability.   These analysts say there can be no major bear market and that the market has [...]

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Immigration data being mined

By Craig Masters The former Governor of Utah, Jon Huntsman, was an early drop out from the 2012 Presidential campaign. He was running as a Republican. But Huntsman has a record of supporting the Obama immigration agenda. Columnist and Lawyer Phyllis Schlafly reports in her column today that Jon Huntsman wrote for the Wall Street Journal that [...]

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Poor Recovery Doesn’t Eliminate Recession Yet

by Mike McCune   Sometimes you have to wonder if Wall Street insiders are even aware of what is going on beyond Wall Street’s narrow perspective. The case in point is an article by Lawrence “Larry” Kudlow. (1)   In his written analysis, Kudlow admits the “‘fiscal cliff’ tax hike still hangs like the sword of [...]

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Obama administration told officials to back off Occupy protesters

by Peter Grady –   Despite repeated claims to the contrary, newly released documents reveal that the administration told the General Services Administration (GSA) to go easy on Occupy Wall Street protesters in Portland last year. The documents include an e-mail exchange between DHS/National Protection and Programs Directorate Chief of Staff Caitlin Durkovich and GSA [...]

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Scandal Has Financial System On Verge of Global Meltdown

by Mike McCune –   If you are like most Americans, you’ve probably heard the term LIBOR. But if you are like like most Americans, you do not realize the impact this tiny particle of the economy has on everything we do on a daily basis.   What has happened is the financial world has [...]

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March Jobs’ Report Contains Serious Understatements

by Mike McCune –   The disappointing March jobs’ report released on Good Friday started a new round of political bickering in Washington over the effect Barack Obama’s and Ben Bernanke’s policies have had for the past three years while the stock markets gave their first reviews of the report by slumping badly. The stench from an old, moldy, sewer [...]

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The Rant – Goldman Sachs Ruins Western Economy For Political, Monetary Profit

by Mike McCune –   Wall Street is moving further into the realm of weightlessness, the euro’s demise moves closer by the moment while the United States government by passing tax cuts without corresponding spending cuts pulls the noose tighter around its own economic future. These events all have one entity to bless for their convergence–Goldman [...]

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Evans Senior Center

by Betty Grauberger   Senior Friday Lunches are back.  These are in the format of soup/salad/baked potato type lunches where it is not necessary to make a reservation.   We will be serving from 11:00 a.m. to 12:00 p.m. and the cost per person will be $4.50….catering done by Randy Millsap.   We hope you will take [...]

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Veterans organization to hold meeting calling for Obama impeachment

Vets to meet on Veterans Day at Washington Monument, say Obama committed treason by Jack Minor – A Veterans group is planning to hold a rally on Nov. 11th in Washington D.C. calling for President Obama’s impeachment for “treasonous” activities. Veteran Defenders of America, which features members such as Maj. Gen Paul Vallely, and its [...]

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Shocker: Many “Occupy Wall Street” protestors are the one percent

photo by biggovernment.com by Jack Minor – A common refrain among protestors at the various “Occupy” movements is that they are the 99 percent. A report listing average wage earners for the world shows that many of the protestors are actually the 1 percent. The basis for saying they are the 99 percent is that [...]

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Tea party leaders say “Occupy Wall Street” mirror image of group

Calls for violence similar to French Revolution to achieve goals photo courtesy of Ringo the Gringo by Jack Minor – Local leaders in the Colorado Tea Party movement have said the leftist group “Occupy Wall Street” is indeed a mirror image of the Tea Party, meaning it is an exact opposite. Occupy Wall Street has [...]

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Candidates tell protestors government to blame for economy, not Wall Street

by Jack Minor –   At this week’s Washington Post debate,Republican candidates made it plain they believe the state of the economy is to be laid squarely at the feet of the federal government. Members of “Occupy Wall Street” have been protesting in Denver, Los Angeles, New York and other cities blaming banks and Wall [...]

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Evans Senior Center by Betty Grauberger

Betty Grauberger is going to Jail!  Yup…..on October 27th to raise money for MDA….please help by donating on line or by calling MDA and donating in her behalf so she will not have to stay there forever…..now, now…..I know some of you think that would be a good idea, but it is an even better [...]

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Protestors in search of a protest…Teachers join in

The campers calling themselves protestors against corporate greed and the unfair influence by businesses in politics around the world are having a wonderful time in New York this fall. Identified in the media as an ‘organization’ named Occupy Wall Street, the group is characterized as leaderless, frustrated and misguided students who refuse to accept fault they [...]

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ESPN, Occupy Wall Street, and Hank Williams Jr.

It ‘s been official now for a while. We aren’t ready for some football! Hank Williams Jr. has been officially replaced by ESPN’s Monday Night Football programming because of his political comments being too controversial. This is the most recent example of the fact that only artists with extreme liberal views are allowed to have  [...]

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Mike McCune is Maaaad !!!!

Bernanke, consulting with his Fed Res. Board in Jackson Hole, Wyoming, ” -my key to the printing press…” The market’s wild gyrations continue and not only from the effects of the earthquake. The surges up and down earlier in the week were attributed to the forthcoming words of wisdom from the man with the key [...]

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The end seems near as Europe and Asia fall apart

America swings like it was 1928 -by Mike McCune   -  President Barack Obama and Federal Reserve Chairman Ben Bernanke are like a pair of hands. They don’t wash each other but they do grease each other. It is too bad for the other 308 million Americans their antics are also greasing the tracks under the [...]

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Marginally, Managed unemployment stats…

“They said that I would change my mind, that I’d settle down and do just fine…I’ve got a lot of crazy friends and they forgive me of my sins…Can’t take it with you when you’re gone, but I want enough to get there on…So I keep on rollin’ with the flow” From “Rollin’ with the [...]

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Feds threatening by coming to his home….”Shut up McCune!”

by Mike McCune The elitist Washington economists deserve to be laughed at for their adherence to the Beltway’s continued belief that creating debt is the only way to contain debt. The rest of us have to be laughed at for the continued popular belief Washington can do anything about the economy’s problems. All you have [...]

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Wall Street Reform Means Relief for Coloradans

Pat Waak, Chair, Colorado Democratic Party Thank you to Senators Mark Udall and Michael Bennet. They acted on behalf of Colorado consumers. Following on the vote in the U.S. House of Representatives, the U.S. Senate voted to stop the backroom deals and shady maneuvers of big financial institutions. President Obama has emphasized the importance of [...]

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Congress votes on bill to collect information on every consumer financial transaction

By Jack Minor The future of the financial reform bill, which will give the Government authority to collect information on every individual financial transaction, was cast in doubt after the death of Sen. Robert Byrd from West Virginia. Byrd who was 92 died Monday after being admitted to the hospital for what his staff said [...]

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The Rant

Guest Column By Mike McCune President Obama recently put into his remarks to a high school graduating classes  about the need of “being careful how you read things because there is a lot of misinformation out there.” He should know better than anyone in America because he spreads more micro-managed manure every time he opens his mouth than [...]

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The Rant

Guest Column By Michael McCune With the announced retirement of David Obey, the third most powerful Democrat in the Congress, Wednesday afternoon, the Progressive’s control of Congress is even more uncertain after this fall’s elections.  That got me playing the old Defense Department game of “What if…?” in which the participants think of potential problems [...]

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Accounting tricks

by Michael McCune for the Greeley Gazette I’ve been trying to unravel the various reports coming from our elected government, the Federal Reserve and the Securities and Exchange Commission regarding the nation’s banking system’s financial situation and it isn’t very good. While most eyes are focused on the high unemployment rate, accounting tricks have left [...]

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