Just 55% Between 16 and 29 Have Jobs And Folks with a "Stagnet Economy that "WILL Be" Threatened by the "2012 Recession" in Europe and "Banking Crisis II" that WILL Spread around the World, this Generation of Labor "IS" going to be doinf some serious Catch UP in the next decade to keep the American Economy Competative!!!!!!!!!!!

OH.........And Social Security and Medicare........They are Totally and Completely SCREWED because of the Declining Earning Potential this Generation IS Facing!!!

 

 

Christie: "After Three Years Of Obama, We Are Hopeless And Changeless"

 

http://www.realclearpolitics.com/video/2011/12/30/christie_after_three_years_of_obama_we_are_hopeless_and_changeless.html 

 

 

Have the youth given up on Obama?

 

By Brad Chase

 

http://globalpublicsquare.blogs.cnn.com/2011/12/30/have-the-youth-given-up-on-obama/ 

 

And IF you thought Making Money in Equities was tough in 2011..............You Ain't SEEN nothing Yet!!!!!!!!!!! 2012 is going to make you want to find a CAVE to Hide IN!!!!!!!!!! 

 

OMG!!!!!!!!!!!!!!! "COPPER"!!!!!!!!!

 

CHART OF THE DAY: Here's How Every Asset Class Performed In 2011

 

By Sam Ro

 

http://www.businessinsider.com/asset-class-2011-2011-12

COPPER WEAKNESS IS A WARNING SIGN

 

Tom McClellan

 McClellan Market Report

http://pragcap.com/copper-weakness-is-a-warning-sign

 America, Don't even begin to think that JUST Because the "PIMPS" of Wall Street and the Talking Heads on TV Say, "U.S. BANKS are Well Capitalized and can Handle any Contagion coming from EUROPE" that it's TRUE and YOU have nothing to worry about in 2012.

 

Thanks to FED and Congress, 2012 "WILL BE" one of the Wost Difficult YEARS for BANKS to Make Money since the 2009 "FAUX Recovery" Began!!!!!!!!!!!!

 

Dodd Frank

 

Volcker Rule

 

Operation TWIST

 

And another "WAVE" of Home Foreclosures coming in 2012

 

Well, JP Morgan Didn't End 2011 As The Most Valuable Bank In America

By Sam Ro

http://www.businessinsider.com/us-banks-2011-chart-2011-12 

Flash Crash Threatens to Return With a Vengeance

 

By: Gillian Tett, 

Financial Times

 

http://www.cnbc.com/id/45822986

You Better Believe Obama "IS" about to PISS OFF Putin "BIG TIME" with this MOVE!!!!!!!!!!!!!!!!!!!!!

The Most Violent Decade in Human History IS being Played out for You  RIGHT NOW!!!!



  The Global Military Threats are Growing for Obama   



http://messages.finance.yahoo.com/Business_%26_Finance/Investments/Stocks_%28A_to_Z%29/Stocks_W/threadview?bn=19829&tid=226173&mid=-1




Obama administration secretly preparing options for aiding the Syrian opposition

By Josh Rogin

http://thecable.foreignpolicy.com/posts/2011/12/28/obama_administration_secretly_preparing_options_for_aiding_the_syrian_opposition 

 

Kim Jong-Un Just Issued His First Threat Of War Against South Korea

By Gus Lubin |

 

http://www.businessinsider.com/north-korea-hideous-crimes-morning-period-2011-12 

 

 

 

U.S. BANKS "WILL NOT" Escape the  HELL that IS coming from "BANKING Crisis II" out of Europe!!!!!!!!!!!

 

CHART OF THE DAY: The Worst Performing Big Bank Of The Year

By Eric Platt

 

http://www.businessinsider.com/chart-of-the-day-worst-perfoming-bank-2011-12 

 

SWISS and Austrian BANKS are Totally and Completely SCREWED!!!!!!!!!!! "OLD Europe"(Eastern Europe IS going to CRASH HARD thanks to the "2012 Recession" started by the "PIIGS"!!!!!!!!!!!!

The EU And IMF Watch In Horror As Everything Goes To Hell In Hungary

By Simone Foxman

 

http://www.businessinsider.com/everything-thats-going-on-in-hungary-and-why-the-central-bank-law-it-just-passed-is-making-the-eu-and-imf-furious-2011-12

Hungary Risks IMF, EU Aid With New Bank Law

 

By Zoltan Simon

http://www.bloomberg.com/news/2011-12-30/hungarian-lawmakers-approve-central-bank-law-in-snub-imf-european-union.html

Greek Tax Collectors Begin 48-Hour Strike to Oppose Cuts

 

By Natalie Weeks

http://www.bloomberg.com/news/2011-12-29/greek-tax-collectors-begin-48-hour-strike-to-oppose-cuts.html 

Fiscal Crisis Takes Toll on Health of Greeks

By SUZANNE DALEY

http://www.nytimes.com/2011/12/27/world/europe/greeks-reeling-from-health-care-cutbacks.html?_r=1 

 

Spanish Mortgages Decline for the 18th Straight Month as Bad Loans Surged

 

By Angeline Benoit

http://www.bloomberg.com/news/2011-12-28/spanish-mortgages-decline-for-the-18th-straight-month-as-bad-loans-surged.html 

Spain predicts higher budget deficit in 2011

 

Spain revises up deficit and raises taxes

 

Spain's new govt enacts 8.9 bn euros in spending cuts

 

http://news.google.com/news/more?hl=en&gl=us&q=Spain+Deficit&gs_upl=66150l72257l0l72589l15l15l1l8l9l0l252l1217l0.3.3l6l0&um=1&ie=UTF-8&ncl=dNxp5kkiMnseYwMQsEjmvBBt-Im-M&ei=INv9TtXcKsiRiALUwrXKDg&sa=X&oi=news_result&ct=more-results&resnum=1&ved=0CC8QqgIwAA 

 

 

America you Better Believe what I'm saying HERE, The Global Economy IS Facing the Worst CURRENCY Crisis Since the Creation of Paper Money!!!!!!!!!!!!! Next STOP for the EURO/Dollar IS $1.20 on its way to PARITY!!!!!!!!

America, You ALL Better HAVE a PLAN because the "EURO" IS Totally and Completely SCREWED in 2012!!!!!!!!!!

The Eurozone Crisis For Dummies

 

By Simone Foxman

http://www.businessinsider.com/updated-the-eurozone-crisis-for-dummies-2011-12

Euro Set for Consecutive Annual Drop

By Catarina Saraiva and Keith Jenkins 

http://www.bloomberg.com/news/2011-12-30/euro-trades-near-decade-low-versus-yen-as-european-crisis-weighs-on-growth.html 

The End Of The Euro And The End Of The Investor

By The Automatic Earth

http://www.businessinsider.com/the-end-of-the-euro-and-the-end-of-the-investor-2011-12 

Deepening Crisis Over Euro Pits Leader Against Leader 

 

BY MARCUS WALKER IN BERLIN, CHARLES FORELLE IN BRUSSELS AND STACY MEICHTRY IN ROME 

 

http://online.wsj.com/article/SB10001424052970203391104577124480046463576.html 

 

 

Complete European Sovereign Issuance Calendar

 

http://www.zerohedge.com/news/complete-european-sovereign-issuance-calendar 

 

It's Stunning Just HOW Much DEBT "IS" Rolling OVER at the Beginning of 2012!!!

 

http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2011/12/20111230_EUcal.png

 

http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2011/12/20111230_EUcal1.png

 

http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2011/12/20111230_EUflow.png

 

 

The Real Tragedy Of The Euro

 

http://www.zerohedge.com/news/real-tragedy-euro 

 

 

America when the "2012 Recession" HITS EUROPE with a Vengeance, China "WILL NOT" be able to avoid a "HARD LANDING led by "EXPORTS"!!!!!!!!!!

 

China Factory Activity Shrinks, Growth Policies Eyed

 

http://www.cnbc.com/id/45820662 

 

Slowing China Manufacturing Calls for Easing

 

http://www.bloomberg.com/news/2011-12-30/china-manufacturing-contracts-for-2nd-month.html 

Rick Once again NAILS the "MF" Story!!!

 

Santelli's Trading Buzz "MF Global" ROTFLMAO!!!!

 

http://video.cnbc.com/gallery/?video=3000064853 

 

We go to rick santelli at the chicago mercantile exchange. rick? well, i'm excited because the eighth largest bankruptcy in history and i have the attorney representing 8,000 -- mf global customers. james katullis and the trading is on the light side? why is that? well, people are afraid to talk about jon corzine, one of the president's biggest supporters. and a former senator, and the smartest man you ever met, and this is boiling down to the type of bankruptcy that is more like a securities bankruptcy, so there is a wall street versus lasalle street. comment on that. that is exactly right.

America, Your TIME "IS" Running OUT!!!!!!!!!!! Fix the Federal Spending out of Washington before the END of the 1H12 or Suffer the Fait the the EURO ZONE "IS" Now going through!!!!!!!!!!!!!!


Your "REAL Time" HELL!!!

http://www.usdebtclock.org/

Foreigners Dump Record Amount Of US Treasurys In Past Month

 

http://www.zerohedge.com/news/foreigners-dump-record-amout-us-treasurys-past-month 

  Uncle Ben to Congress, "I Can Do What EVER I want and You have NO SAY"!!!

http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_W/threadview?m=tm&bn=19829&tid=310736&mid=310736&tof=-1&rt=2&frt=2&off=1


The Bailout of Europe Continues!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Fed Swap Lines Jump 59% In A Week As Japan Shows Its Hand

 

http://www.zerohedge.com/news/fed-swap-lines-jump-59-week-japan-shows-its-hand

 

 

But it's Plain to SEE EURO Zone Banks don't Trust EACH OTHER!!!!!!!!!!!!

 

European Banks Close 2011 With Near Record Cash On Deposit At ECB, €9 Billion Overnight Increase

 

http://www.zerohedge.com/news/european-banks-close-2011-near-record-cash-deposit-ecb-%E2%82%AC9-billion-overnight-increase 

Folks Today was another Day of "PIMPS" Trading with "PIMPS"!!!!!!!!! Wall Street IS Pulling every Lever to get the Retail Investor to BUY the DIP, "One More Time"!!!!!!!!!!!!!!

But AS You can SEE, CEOs thinks the World "SUCKs" TOO!!!!!!!!!!!!!!!!! And Retail Investors Ain't as "STUPID" as the "PIMPS" of Wall Street think they ARE

Takeovers Slump to Lowest in Year as Europe Saps Confidence

By Serena Saitto

http://www.bloomberg.com/news/2011-12-29/takeovers-slump-to-lowest-in-year-as-debt-crisis-saps-confidence.html 

$135 Billion Redeemed From US Equity Mutual Funds In 2011, 34 Of 35 Consecutive Weekly Outflows

 

http://www.zerohedge.com/news/135-billion-redeemed-us-equity-mutual-funds-2011-34-35-consecutive-weekly-outflows 

 

 

Estimated Long-Term Mutual Fund Flows
December 29, 2011

Washington, DC, December 29, 2011 - Total estimated outflows from long-term mutual funds were $1.98 billion for the week ended Wednesday, December 21, the Investment Company Institute reported today. Flow estimates are derived from data collected covering more than 95 percent of industry assets and are adjusted to represent industry totals.

 

http://www.ici.org/research/stats/flows/flows_12_29_11

OMG!!!!! "IS" 2012 going to be a YEAR for the Record Books!!!!!!!!!!!!!!!

 

Goldman Says Good Riddance to 2011

 

http://www.zerohedge.com/news/goldman-says-good-riddance-2011 

 

“THE DOOMSDAY VIEW OF 2012″

By Surly Trader

http://pragcap.com/the-doomsday-view-of-2012 

 

UNDERSTANDING CHINA’S PROPERTY BUST

By Walter Kurtz,
Sober Look

http://pragcap.com/understanding-chinas-property-bust 

 

Here "IS" a Perfect Example of WHY I left Yahoo to start this Blog. The Yahoo Censorship IS yet another example that America has More "PAIN" Coming because They Can't Handle the Truth of the "NEW Normal"!!!!!!!!!!!!!!!!!!!!!

This "IS" what I Tried to Post this Morning on the Wells Board under Mabus's Header "America You Are So SCREWED.............................


Well Folks, 2012 "IS" Already Setting UP for a "Mother" of ALL "OH Craps"!!!!!!!!!!!!!!!!! The EURO "IS" Heading for $1.20 EARLY in 2012 and Parity before by the Time the DUST Settles after "GREECE" Defaults and LEAVES the EURO Zone!!!!!!!!!!!!!!!

I've Started My Blog this Week and I'm Still Working on How to Make IT Work so the "REAL News" that Matters IS easier to Sourced. One Reason for my Leaving Yahoo is, Their Policy to Censor Most Posts that has anything to do about Israel. Folks, The Middle East "WILL BE" the Mother OF ALL "Nightmares" in this DECADE!!!!!!!!!!!!!!!!!!!

I Have to Applaud Mabus for the Choice of Header here. America, YOU are Totally and Completely SCREWED in 2012..............Don't Doubt ME!!!!!!!!!

America, You BETTER Have a PLAN because Your About to Lose what Wealth You HAVE LEFT!!!!!!!!!!!!!!!!!!!

Here IS my Site............

The Real News Matters

http://www.google.com/search?q=http%3A%2F%2Ftherealnewsmatters.blogspot.com%2F&ie=utf-8&oe=utf-8&aq=t&rls=org.mozilla:en-US:official&client=firefox-a

January Will be a Hellish Month for the EURO and Bond Sales in Europe!!!!!!!!!!!!!

European Credit Crunch Hits Broad Economy As M3, Private Loans Collapse

 

http://www.zerohedge.com/news/european-credit-crunch-hits-broad-economy-m3-private-loans-collapse 

 

Italy Sells Long-Dated Bonds To Weak Demand, 10 Year Prices Just Inside Of 7%, Bids To Cover Miss

 

http://www.zerohedge.com/news/italy-sells-long-dated-bonds-weak-demand-10-year-prices-just-inside-7-bids-cover-miss 

 

 

Euro Declines to 15-Month Low Against Dollar on ECB Cash, Italy Debt Sale

By Keith Jenkins and Kristine Aquino

http://www.bloomberg.com/news/2011-12-28/euro-near-decade-low-against-yen-on-ecb-balance-sheet-italy-debt-auctions.html 

 

 

Euro Falls to 10-Year Low Against Yen

By Andrew Rummer

http://www.bloomberg.com/news/2011-12-29/asia-stocks-fall-for-third-day-as-euro-retreats-to-10-year-low-against-yen.html 

Now Here's What A Failed Bond Auction Looks Like

 

By  Gus Lubin

http://www.businessinsider.com/now-heres-what-a-failed-bond-auction-looks-like-2011-12 

Forint Falls to Month Low as Hungary Cuts Auction by More Than Half on IMF

By Andras Gergely

http://www.bloomberg.com/news/2011-12-29/forint-falls-to-month-low-as-hungary-cuts-auction-by-more-than-half-on-imf.html 

2012 Will be Full of "OH CRAPs" that WILL be the Stepping Stones to the Most Violent Decade in Human History!!!!!!!!!!

Gun sales at record levels, according to FBI background checks

 

By Carol Cratty

 

http://edition.cnn.com/2011/12/27/us/record-gun-sales/?hpt=us_c1 

 

 

Is 2012 the year Israel will bomb Iran? 

 

By Con Coughlin

 

http://blogs.telegraph.co.uk/news/concoughlin/100126380/is-2012-the-year-israel-will-bomb-iran/ 

 

 

Clock Ticking for West to Act on Iranian Nuclear Program

By JOHN VINOCUR

http://www.nytimes.com/2011/12/30/world/middleeast/30iht-politicus30.html?_r=1

U.S., Israel Discuss Triggers for Bombing Iran’s Nuclear Infrastructure

 

http://www.thedailybeast.com/articles/2011/12/28/u-s-israel-discuss-triggers-for-bombing-iran-s-nuclear-infrastructure.html 

‘US, Israel discuss ‘triggers’ for Iran attack’

By REBECCA ANNA STOIL

http://www.jpost.com/IranianThreat/News/Article.aspx?id=251348 

US Sends Aircraft Carrier Into The Strait Of Hormuz, As Iran Beats Its Chest

 

By Robert Johnson

 

http://www.businessinsider.com/the-us-sends-an-aircraft-carrier-into-the-strait-of-hormuz-2011-12 

S&P 500 Falling Below 600? This Will Even Make The Bears Shudder

 

 By Tomi Kilgore

http://blogs.wsj.com/marketbeat/2011/12/27/sp-500-falling-below-600-this-will-even-make-the-bears-shutter/?mod=WSJBlog


Stock Market is about to CRASH

By Henry Blodget 

http://www.businessinsider.com/the-stock-market-is-about-to-crash-2011-12

Outside of the U.S., Retail Sales "IS" Signaling a Crushing Beginning for Chinese Exports in 2012!!! With the EURO ZONE facing a DEEP Recession, The Global Economy IS More at Risk from China than it is from a Greek Default!!!!!!!!!!!

Holiday Season Sales Indicate Cautious Outlook for 2012
 
US Records Slower but Satisfactory Sales Growth over Christmas

Source: HKTDC

http://en.acnnewswire.com/press-release/english/8407/holiday-season-sales-indicate-cautious-outlook-for-2012 

Deflation's grip returns as production, retail sales slide

Bloomberg

 

http://www.japantimes.co.jp/text/nb20111229n2.html 

 

 

 

Japan Nov retail sales fall 2.3 pct year/year

 

http://www.reuters.com/article/2011/12/27/japan-economy-retail-idUST9E7NF03Y20111227 

 

 

Greek Christmas Sales Crash, More Stores Set to Close

By Andy Dabilis

 

http://greece.greekreporter.com/2011/12/27/greek-christmas-sales-crash-more-stores-set-to-close/ 

 

 

 

Retailers facing crunch 

 

 Sydney Morning Herald

 

http://www.smh.com.au/business/retailers-facing-crunch-20111229-1pe8u.html 

 

 

Spain Retail Sales Decline Further 

 

http://www.rttnews.com/Content/EuropeanEconomicNews.aspx?Id=1788701&SM=1 

 

 

Redbook: US Retail Sales Down 2.4% In First 4 Weeks Of Dec Vs Nov 

 

http://online.wsj.com/article/BT-CO-20111228-704528.html 

 

 

Retailers 'face tough time' as consumers cut back

 

By James Cowling

 

http://www.bbc.co.uk/news/business-16344208 

 

 

 

Italy's Christmas Sales Fall Sharply

 

http://www.nasdaq.com/aspx/stock-market-news-story.aspx?storyid=201112270811rttraderusequity_0184&title=italys-christmas-sales-fall-sharply 

 

 

 

 

 

 

 

 

Well here comes the First PMI Reports from around the World to close out 2011 and it Ain't Looking Good for the BRICs!!!!!!!!!!

Russian Manufacturing PMI Falls in December to 51.6, HSBC Says

 

By Scott Rose

 

http://www.businessweek.com/news/2011-12-29/russian-manufacturing-pmi-falls-in-december-to-51-6-hsbc-says.html 

 

 

Brazilian Factory Sector Continues To Contract

 

http://www.nasdaq.com/aspx/stock-market-news-story.aspx?storyid=201201020724rttraderusequity_0099&title=brazilian-factory-sector-continues-to-contract 

 

Here is a Good Site to Follow some of the "Layoffs" happening around the U.S. that Doesn't make the Evening News..............

Daily Job Cuts

http://www.dailyjobcuts.com/


Layoffs

https://www.google.com/search?hl=en&gl=us&tbm=nws&btnmeta_news_search=1&q=Layoffs&oq=Layoffs&aq=f&aqi=d1g3d-o1&aql=&gs_sm=e&gs_upl=411l1828l0l3134l5l5l0l1l1l0l244l613l1.2.1l4l0

Initial Jobless Claims Come In At 381k, Slightly Higher Than Expected

By Sam Ro

 http://www.businessinsider.com/initial-jobless-claims-29-2011-12

After One Month Respite, Pink Slips Are Flying Again

 

http://www.zerohedge.com/news/after-one-month-respite-pink-slips-are-flying-again 

America's "Blackholes," Freddie and Fannie continue to Have Problems with Homeowners making Good on their Mortgage Payments. Expect Both to be ASKING the American Taxpayer for MORE Money when they Announce their Earnings in February!!!!!!!!!!

Freddie single-family delinquency rate up to 3.57% in November

 

By KERRI PANCHUK

 

http://www.housingwire.com/2011/12/27/freddie-single-family-delinquency-rate-up-to-3-57-in-november 

U.S. BANKS have More "PAIN," coming in 2012!!!! And that MEANS U.S. Equities WILL Also have a Tough TIME maintaining Current Price Levels.................America, You Better Believe, A VERY Ugly Correction in Equity Prices "IS" Coming because their has never been a Sustained "BULL Market" where U.S. Financials FAILED to participate in the Advancement of the Indexes!!!!!!!!

Could Bank of America Survive a 'Run on the Bank' in 2012?

 

By Philip van Doorn

 

http://www.thestreet.com/story/11358341/1/can-bank-of-america-survive-a-run-on-the-bank-in-2012.html 

A 2012 Housing Rebound Can't Even Save Bank of America

By Shanthi Bharatwaj  

http://www.minyanville.com/businessmarkets/articles/thestreet-housing-market-housing-rebound-bank/12/29/2011/id/38603

Trepp expects banks to face stronger headwinds in 2012

By KERRI PANCHUK

http://www.housingwire.com/2011/12/27/trepp-expects-banks-to-face-stronger-headwinds-in-2012

OMG!!!! The EURO "IS" Totally and Completely SCREWED thanks to the ECB, the FOOLS at the EU and the "TBTF" Banking Types of the EURO Zone!!!!!!!!!!!

Euro Falls to Decade Low Versus Yen on ECB Balance Sheet, Italy Debt Sales

By Monami Yui and Kristine Aquino

http://www.bloomberg.com/news/2011-12-28/euro-near-decade-low-against-yen-on-ecb-balance-sheet-italy-debt-auctions.html 

Euro Falls to 10-Year Low Against Yen as ECB Balance Sheet Reaches Record

By Catarina Saraiva

http://www.bloomberg.com/news/2011-12-28/euro-drops-to-almost-a-10-year-low-as-ecb-loans-fuel-debt-crisis-concern.html 

ECB Says Banks’ Overnight Deposits Climbed to Record High of $591 Billion

By Gabi Thesing

http://www.bloomberg.com/news/2011-12-28/ecb-says-banks-overnight-deposits-climbed-to-record-high-of-591-billion.html 

ECB Deposits Jump 10% More To Record EUR452BN

http://www.zerohedge.com/news/ecb-deposits-jump-10-more-record-eur452bn 

America the BRICs WILL be as BIG of a Story Economically as the EURO Zone "WILL BE" in 2012!!!!!!!

 

Read these Post in this Yahoo Thread and be VERY Afraid for what Wealth you HAVE LEFT!!!!

 

http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_W/threadview?m=tm&bn=19829&tid=270539&mid=270539&tof=-1&rt=1&frt=2&off=1  

 

BRIC Decade Ends With Record Stock Outflows as Goldman Says Growth Peaked

By Michael Patterson and Shiyin Chen

 http://www.bloomberg.com/news/2011-12-27/bric-decade-ends-with-record-stock-outflows-as-goldman-says-growth-peaked.html

It's 2008 Again...........And Nothing HAS Changed to Prevent an even Worse Outcome from "BIG Government" Thinking!!! 

 

“Very Scary”: The World Won’t End in 2012, But Might Feel Like It’s About To

By Aaron Task

http://finance.yahoo.com/blogs/daily-ticker/very-scary-world-won-t-end-2012-might-151018357.html 

Policymakers Could Make Global Economic Crisis Worse Next Year: Dan Franklin

By Morgan Korn

http://finance.yahoo.com/blogs/daily-ticker/12-28-policymakers-could-global-economic-crisis-worse-080910438.html 

“Economic Martial Law” Is Coming in 2012: Gerald Celent

By Morgan Korn

http://finance.yahoo.com/blogs/daily-ticker/economic-martial-law-coming-2012-gerald-celent-080845061.html 
 

Case Shiller: House Prices fall to new post-bubble lows in October (seasonally adjusted)

2012 could TAKE Home Prices to NEW LOWs that may SEE some 40% of ALL U.S. Mortgages Underwater before the Bottom IS REACHED!!!

 

Saving the New Year

 

By Megan McArdle

 Dec 27 2011, 

12:09 PM ET

 

http://www.theatlantic.com/business/archive/2011/12/saving-the-new-year/250554/ 

 

http://cdn.theatlantic.com/static/mt/assets/meganmcardle/2011-Case-SHiller-updated%20%282%29.png 

 

 

Cracked Foundation Threatens U.S. Housing Recovery

 

By DAVID REILLY

 

http://online.wsj.com/article/SB10001424052970203686204577116594110915790.html

 

 

 

Foreclosure free ride: 3 years, no payments

 

By Les Christie  

 

http://money.cnn.com/2011/12/28/real_estate/foreclosure/

 

 

Case Shiller: House Prices fall to new post-bubble lows in October (seasonally adjusted)

By CalculatedRisk 

12/27/2011

http://www.calculatedriskblog.com/2011/12/case-shiller-house-prices-fall-to-new.html 

 

 

Case-Shiller: House Prices decline in October

By CalculatedRisk

12/27/2011

http://www.calculatedriskblog.com/2011/12/case-shiller-house-prices-decline-in.html 

 

 

Real House Prices and House Price-to-Rent

By CalculatedRisk

12/27/2011

http://www.calculatedriskblog.com/2011/12/real-house-prices-and-house-price-to.html 

 

 

U.S. Home Prices Fell More Than Forecast

By Timothy R. Homan
 Dec 27, 2011 

http://www.bloomberg.com/news/2011-12-27/home-prices-in-u-s-cities-decline-more-than-forecast-case-shiller-says.html 
 

States have an even BIGGER Problem heading into 2012, Underfunded "Pension Funds"!!!!!!!!!! And It's going to get Even Worse for Cities and Counties because of the Historic CRASH in Residential Property Values!!!!!!! Expect a Brutal YEAR for Home PRICES in 2012 and Declining Property Taxes to City and County Treasuries!!!!!!!!!!!!!!!!!!!!

Stock losses hit public pensions: U.S. Census

 

 Wed Dec 28, 2011 

4:45pm EST

 

http://www.reuters.com/article/2011/12/28/us-usa-states-pensions-idUSTRE7BR0UE20111228 

 

 

U.S. State, Local Pensions Drop 8.5%

By William Selway

http://www.bloomberg.com/news/2011-12-28/u-s-state-local-pension-fund-assets-drop-8-5-percent-as-stocks-slide.html 

Census: Public pensions value dips

https://news.google.com/news/more?hl=en&gl=us&q=State+Pensions&gs_upl=87198l93063l0l93386l14l14l0l0l0l0l208l1996l2.10.2l14l0&um=1&ie=UTF-8&ncl=dOLAxv9u5_Vcv4MDfhAgPSMpP0dCM&ei=0sb7ToevFYjUiAKOweywDg&sa=X&oi=news_result&ct=more-results&resnum=2&ved=0CEAQqgIwAQ 

 

 

America has the Weakest National Security Team at the Cabinet Level Since the End of WWII. If you Thought 2011 was a Year of the "Arab Spring" YOU ain't SEEN Nothing YET!!!!!!!!!!!!! The Most Violent Decade in Human History has Begun and 2011 was just a Warn UP!!!!!!!!!!!!!!!


 

Closing Strait of Hormuz not so easy for Iran: analysts

 

By Tabassum Zakaria

WASHINGTON | Wed Dec 28, 2011 6:23pm EST

http://www.reuters.com/article/2011/12/28/us-iran-usa-hormuz-idUSTRE7BR1DG20111228 

 

The Federal Reserve's Covert Bailout of Europe

When is a loan between central banks not a loan? When it is a dollars-for-euros currency swap. 

By GERALD P. O'DRISCOLL JR. 

  http://online.wsj.com/article/SB10001424052970204464404577118682763082876.html?mod=googlenews_wsj

 

 The Middle East Media Research Institute

This Is How We'll Close Strait of Hormuz

 December 28, 2011
 Special Dispatch No.4391

http://www.memri.org/report/en/0/0/0/0/0/0/5956.htm

By the END of 2012, Japan WILL Crush Global Equity Markets

Japan Deflation Returns as Production Slides

By Aki Ito 

 http://www.bloomberg.com/news/2011-12-27/japan-factory-output-falls-on-global-slump.html

Now the "Game of Chicken" Begins!!!!

Iran Threatens to Block Oil Shipments, as U.S. Prepares Sanctions

By DAVID E. SANGER and ANNIE LOWREY

http://www.nytimes.com/2011/12/28/world/middleeast/iran-threatens-to-block-oil-route-if-embargo-is-imposed.html

Adding another $1.2 TRILLION to the Federal Debt

America, Your Great Grandchildren Will Hate You for what you have done to them!!!

 

America Maxes Out Its Credit Card Again - Treasury To Raise Debt Limit By Another $1.2 Trillion On December 30

 

http://www.zerohedge.com/news/us-hits-credit-ceiling-again-treasury-raise-debt-limit-another-12-trillion-december-30

 

 

 

Obama to ask for debt limit hike: Treasury official

 

 http://www.reuters.com/article/2011/12/27/us-usa-treasury-debt-idUSTRE7BQ0KU20111227