DailyMarkets.com - Government Overreach: Good News, Bad News

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• Government Overreach: Good News, Bad News
• Wall Street Opens Lower On Mixed Data, As Stimulus Mulled
• Oil Rises On Stimulus Hopes
• Euro Rises To 7-week High Versus Dollar
• The “Smokey Bear Effect”: How Government Forest Takeover Has Led To More, Bigger And Hotter Fires
• Global Markets Higher On Data, US Stimulus Hopes

Government Overreach: Good News, Bad News Posted: 23 Aug 2012 08:24 AM PDT Good News: City officials in Holland, Michigan will allow a 13-year-old to reopen his hot dog cart at a new legal location just two feet from the original illegal location. Bad News: The owner of a small farm in Virginia faces thousands of dollars in fines for hosting a 10-year old’s birthday party and selling her vegetables to … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Wall Street Opens Lower On Mixed Data, As Stimulus Mulled Posted: 23 Aug 2012 08:22 AM PDT 08/23/12 US stocks opened in negative territory, as stimulus expectations and mixed economic data releases were digested. Jobless claims climbed, while housing data topped … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Oil Rises On Stimulus Hopes Posted: 23 Aug 2012 08:01 AM PDT 08/23/12 Hopes that the Fed is leaning towards action to help the economy has revived interest in front month crude oil contracts, which was on the rise Thursday … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Euro Rises To 7-week High Versus Dollar Posted: 23 Aug 2012 03:00 AM PDT 08/23/12 The euro has risen to touch a 7-week high against the dollar after Fed minutes hinted at more monetary … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

The “Smokey Bear Effect”: How Government Forest Takeover Has Led To More, Bigger And Hotter Fires Posted: 23 Aug 2012 07:58 AM PDT National Public Radio reports today on how the federal government’s “takeover” of America’s forests with the creation of the U.S. Forest Service in 1905 has led to more, not fewer, forest fires in the long run.  Among fire historians it’s known as the “Smokey Bear Effect,” thus the title of the segment “How The Smokey Bear Effect Led To Raging Wildfires,” here’s a slice:  Scars from thousands of sections show how often fires burned in the Southwest. It was every five or 10 years, … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Global Markets Higher On Data, US Stimulus Hopes Posted: 23 Aug 2012 02:37 AM PDT 08/23/12 Global equities were higher Thursday morning on hopes of future Fed stimulus measures and better-than-expected French and German PMI … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

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