Sunday, October 10, 2010

DailyMarkets.com - China’s Currency War: Enemy #1 For Global Economy

DailyMarkets.com - China’s Currency War: Enemy #1 For Global Economy


China’s Currency War: Enemy #1 For Global Economy

Posted: 10 Oct 2010 05:01 PM PDT

When Brazil's finance minister said the world was in a currency war, it came as big news to many people — a surprising "new" economic threat. But there's nothing new about a currency war. China has been waging a war — an economic war — with its currency for a long time.

Over the last 14 years, China's economy has grown four times as fast as the U.S. economy, and it has quickly soared to become the world's second-largest. The key to China's success has been a weak … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Sunday Link-Fest And Consuelo Mack Interview

Posted: 10 Oct 2010 01:51 PM PDT

On this week's Consuelo Mack WealthTrack, the investment opportunities in the explosive alternative energy field are not always easy to find. Financial Thought Leader and energy analyst Bill Paul gets specific in part two of our Alternative Energy special.
Bill Paul is an Alternate Energy Analyst, Independent Energy Consultant and author of Future Energy: How the New Oil Industry Will Change People, Politics and Portfolios

Best Links:
Investing In Intel? Part I Intel's Moat
What Michael … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Why Have Democrats Joined In Economic Scapegoating?

Posted: 10 Oct 2010 12:14 PM PDT

Deep economic crises are fodder for demagogues who channel economic fear into a politics of resentment against "them." In the 1930s it was foreign traders (mainly Europeans), immigrants, and Jews. Now it's foreign traders (mainly the Chinese), immigrants, and Muslims.
 Why do you suppose a half-dozen states are now considering (or have recently enacted) measures to end multicultural studies, bar children of undocumented workers from public schools, and allowed racial profiling? Every … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Competition For Spare Change: Homeless Meters

Posted: 10 Oct 2010 11:55 AM PDT

Orlando Sentinel — “Panhandlers in downtown Orlando may soon have some mechanical competition for spare change. City Hall is set to roll out a plan to install “homeless meters” near spots where panhandling is grudgingly allowed.

People could deposit their coins in the repurposed parking meters — painted a different color and set back from the street — instead of giving spare change to panhandlers. The city would collect the money and give it to a nonprofit group to help the … [visit site to read more] or compare Best Credit Cards and Best CD Rates


U.S. Stock Market Wrap-Up: Bad News Is Still Good News

Posted: 10 Oct 2010 11:44 AM PDT

Last week was all about "bad news being good" and the Fed and QE2.  The news was almost uniformly bad, and regarding QE2 the questions were about how much and when and how much is already priced into the markets?

Everything else including mixed earnings reports, "Foreclosure Gate" and an almost unbelievably bad employment report on Friday was overshadowed by the promise of more "punch in the punchbowl" from Dr. Bernanke and his cohorts at the Federal Reserve.

In a … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Tragedy Of The Commons Comes To D.C.

Posted: 10 Oct 2010 11:24 AM PDT

Not to be deterred by the reality that most common property bike programs fail, Washington, D.C. just launched the largest and most ambitious bike-sharing program in the country a few weeks ago.  Capital Bikeshare will eventually provide more than 1,000 red bikes (pictured above on the Duke Ellington Bridge in Woodley Park near my apartment) at more than 100 stations in D.C. and Arlington, VA. (see station map here).   Read a news report here about Capital … [visit site to read more] or compare Best Credit Cards and Best CD Rates


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