Greek Leaders (All 3 Coalition Parties) Oppose New Austerity Measures; Words of the Day: "Hardball", Followed by "Meeting Cancelled" and the Always Popular "Meeting May be Scheduled Later in the Week"

{ Posted on Feb 03 2012 by Mike "Mish" Shedlock }
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Categories : All, Globaleconomicanalysis
Shortly after Dutch finance minister, said "We want no further delays" came news of further delays. The reason: Greek political parties all refuse to go along with more austerity measures. Please consider Greece’s leaders oppose new austerity measures All three party leaders ...Read More »

Spectra Energy Partners 4Q net income up 13 pct

{ Posted on Feb 03 2012 by Earnings News and Information on Yahoo! Finance }
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Categories : All, Corporate Earnings
Natural gas pipeline operator Spectra Energy Partners LP said its fourth-quarter net income rose 13 percent from the year before as new acquisitions helped boost revenue.The company said Friday that its ... Read More »

Nasdaq core profit tops expectations

{ Posted on Feb 03 2012 by Earnings News and Information on Yahoo! Finance }
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Categories : All, Corporate Earnings
Nasdaq OMX Group Inc's core profit topped analysts' expectations for the fourth quarter, boosted by a rise in revenue from market data and technology, which helped offset a soft trading environment. Stock ... Read More »

Corporatism Is Not the Free Market

{ Posted on Feb 03 2012 by Sheldon Richman }
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Categories : All, Reason Magazine - Economics, Uncategorized
When a front-running presidential contender tells the country that thanks to Barack Obama, “[w]e are only inches away from ceasing to be a free market economy,” one is left scratching one’s head. How refreshing it is, then, to hear a prominent establishment economist—a ...Read More »

Movers roundup: Wynn Resorts, Take-Two Interactive

{ Posted on Feb 03 2012 by Earnings News and Information on Yahoo! Finance }
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Categories : All, Corporate Earnings
Among the stock activity stories for Friday, Feb. 3, from AP Business News:— Shares of casino operator Wynn Resorts Ltd. fell after analysts said fourth-quarter results raised questions about growth in ... Read More »

Messages from the January Employment Release: Accelerating Improvement for Now

{ Posted on Feb 03 2012 by Menzie Chinn }
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Categories : Econbrowser, employment, Money
Employment growth accelerates along several dimensions: nonfarm payroll, an alternative measure of nonfarm payroll, private employment, hours, and civilian employment (report here). However, JEC vice chairman Brady (JEC-Republicans) states in a press release: "Job Numbers Mask Underlying Job Weakness." Read More »

Corporations are not people and Thomas Hartmann

{ Posted on Feb 03 2012 by Dan Crawford (Rdan) }
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Categories : All, Angry Bear, Beverly Mann (Supreme court), corporations, corporations are people, Supreme court
by Beverly Mann Thomas Hartmann writes via Truthout: Most Americans don't realize that the idea that ‘corporations are people’ and ‘money is speech’ are concepts that were never, ever considered or promoted or even passed by any legislature in the history of ...Read More »

Open thread Feb. 3, 2012

{ Posted on Feb 03 2012 by Dan Crawford (Rdan) }
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Categories : All, Angry Bear, open thread
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Buy the Cheap Gas (33/365)

{ Posted on Feb 03 2012 by Trent }
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Categories : 31 Days to Fix Your Finances, All, Learning, The Simple Dollar
I’ve turned the regular fluctuation of gas prices at the gas station fairly near our home (the one mentioned yesterday) into a game of sorts with my oldest son. Simply put, we’ve started tracking the data. We watch for the ...Read More »

A Surfeit of Dearth Revisited: The Global Shortage of Safe Assets

{ Posted on Feb 03 2012 by Steve Roth }
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Categories : All, Angry Bear, Steve Roth
David Beckworth: global economic growth over the past few decades has outpaced the capacity of the world economy to produce truly safe assets Really? The U.S. could have just deficit-spent more, crediting people’s/businesses’ checking accounts and thereby increasing the global stock of ...Read More »
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