Monday, October 1, 2012

DailyMarkets.com - From The Archives: Stifling The Truth Is Abuse Of Capitalism

DailyMarkets.com - From The Archives: Stifling The Truth Is Abuse Of Capitalism


From The Archives: Stifling The Truth Is Abuse Of Capitalism

Posted: 01 Oct 2012 03:14 AM PDT

Given the strong and varied response to a few of my most recent commentaries, I thought it may be insightful to take a look back into the archives. In September 2011, I took a bit of a sabbatical from writing. I would like to rerun the first post back from that break which ran in early October 2011. Has anything really changed from where we were a year ago this week? I think not.

In fact, I think the issues our nation has in finding, embracing, and revealing the truth are now more troubling than ever. What does that say about us as a people and a society? One reader the other day equated us to mushrooms being "fed manure and kept in the dark." With no desire to sit idly by being fed a daily dose of dung, I welcome the challenge of continuing to pursue the truth as we navigate the economic landscape. LD

From the archives written here at Sense on Cents on October 6, 2011

Information is everything.

Access to information combined with fair and open markets are cornerstones of our free market capitalist system. With our economy continuing to lag, I have witnessed an increase in the stifling of the truth. 

Without the truth, how can our economy and our markets recover from the fundamentally broken state in which they currently operate?

I am not so naive to think that there have not been forces at work for a protracted period which profit from intentional obfuscation of economic and market related information. I also would never denigrate the many great people in our nation who play by the rules and understand how to navigate the pitfalls and shortcomings within fundamentally broken markets.

… [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Forex Trading: USD Bullish Ahead Of Non-Farms Report

Posted: 01 Oct 2012 01:12 AM PDT

USD Bullish Ahead of Non-Farms Report
The US dollar saw gains against most of its main currency rivals before markets closed for the weekend on Friday, as concerns regarding Spanish debt continued to boost safe-haven currencies. Worries about Spain were also largely responsible for losses that both crude oil and gold took for the day. This week, all eyes will be focused on Friday’s US Non-Farm Payrolls report. With analysts predicting only a mild improvement over last month’s jobs figure, the … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Central Bank News Link List – Oct. 1, 2012: Bernanke Aims To Recapture Fed Debate

Posted: 01 Oct 2012 12:55 AM PDT

Here’s today’s Central Bank News link list, click through if you missed the previous link list. The list comprises news about central banks that is not covered by Central Bank News. The list is updated during the day with the latest developments so readers don’t miss any important news.

Bernanke aims to recapture Fed debate (Market Watch)
Developing world should brace for shocks: IMF (China Post)
Foreign central banks’ US debt holdings rise – Fed (Reuters)
Peru’s central bank … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Could The Spanish Protests Be Bullish?

Posted: 28 Sep 2012 12:07 AM PDT

On Wednesday, the news of protests and clashes with police in Spain and Greece spooked the markets and we saw a solid risk-off day. The protests, it was assumed, were a sign of popular unrest (true) and an indication that the governments of the day would be hard press to implement the harsh austerity measures demanded by the Troika.

Rather than seeing the glass as half empty, I think that it would be useful to think how this glass is half full. At about the same time, Spanish prime minister … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


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