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Japan Debt Outlook Cut to Negative by S&P as Quake Rebuilding Adds to Debt

http://www.bloomberg.com/news/2011-...-by-s-p-as-quake-rebuilding-adds-to-debt.html

Fed’s ‘Extended Period’ Pledge May End in 2011, Economists Say

http://www.bloomberg.com/news/2011-...-in-2011-as-it-prepares-to-curb-stimulus.html

Buyers Beware: Silver Crashed 11% in 24 Hours

http://www.cnbc.com/id/42726288

Debt Ceiling Negotiations: Is An Extension In The Works?

http://www.businessinsider.com/debt-ceiling-negotiations-is-an-extension-in-the-works-2011-4

The End of QEII: It’s Time to Make the Donuts

http://singapore.pimco.com/LeftNav/...I+It’s+Time+to+Make+the+Donuts+April+2011.htm

US Banks Warn Obama on Soaring Debt

http://www.cnbc.com/id/42775820
 
Russell 2000 Climbs to Record as U.S. Small Caps Trump S&P 500

http://www.bloomberg.com/news/2011-...o-record-as-u-s-small-caps-trump-s-p-500.html

Gold Climbs to Record as Bernanke Maintains Stimulus, Dollar Extends Drop

http://www.bloomberg.com/news/2011-...e-maintains-stimulus-dollar-extends-drop.html

Japan Quake Takes Bigger-Than-Estimated Economic Toll as BOJ Cuts Forecast

http://www.bloomberg.com/news/2011-...s-15-3-as-record-quake-disrupts-supplies.html

You May Be Surprised To Learn Which Cable Network Spent The Most Time Talking About Birthers

http://www.businessinsider.com/obama-birth-certificate-cable-fox-trump-2011-4#ixzz1KoNtLxFT

No QE3 Right - So Why Did The USD Just Hit A New Cyclical Low? Citi Explains Why

http://www.zerohedge.com/article/no...d-just-hit-new-cyclical-low-citi-explains-why

Cab drivers ask for 15-percent hike in fares to combat rising gas prices

http://www.nypost.com/p/news/local/...ent_hike_dshcZVEeoWQ0e0KGUTJ9qL#ixzz1KoONXC7v

Unemployment rates down in 317 cities, most since '09

http://www.usatoday.com/money/economy/2011-04-27-Metro-Unemployment-march_n.htm
 
Osama Bin Laden Killed in Pakistan, Obama Says

http://www.bloomberg.com/news/2011-...peration-obama-says-in-address-to-nation.html

Commodities Beat Financial Assets for Fifth Month in Best Streak Since ’97

http://www.bloomberg.com/news/2011-...-for-fifth-month-in-best-streak-since-97.html

Osama Bin Laden Is Dead

http://online.wsj.com/article/SB10001424052748704569404576297941397558496.html?mod=

South Struggles to Assess Toll

http://online.wsj.com/article/SB100...8.html?mod=WSJ_hp_MIDDLENexttoWhatsNewsSecond

Spot Silver Drops 12% In 11 Minutes As Bulls Routed

http://online.wsj.com/article/SB10001424052748704569404576297840351753636.html

Deficit Agreement Must Include Taxes, Democrat Van Hollen Says

http://www.businessweek.com/news/20...t-include-taxes-democrat-van-hollen-says.html

New York City prices up by 14% since last year

http://www.nypost.com/p/news/local/big_apple_gets_price_clubbed_BYF1ApF3ol3i4CuiQbDEoM#ixzz1LBkz88is

Three Alleged Al-Qaida Operatives Arrested In Germany Accused Of Planning Public Transport Attack

http://www.businessinsider.com/al-qaida-arrest-germany-2011-4#ixzz1LBlEu9Oi

The Cannibalization At The Top Escalates: Sokol's (Re)Response To The Ukulele Master

http://www.zerohedge.com/article/cannibalization-top-escalates-sokols-reresponse-ukulele-master

Analysis:Symbolism and sympathy: Obama's risky gasoline strategy

http://www.reuters.com/article/2011/05/01/us-obama-gasoline-idUSTRE7401G920110501

Should food be a protected commodity?

http://www.telegraph.co.uk/finance/commodities/8486698/Should-food-be-a-protected-commodity.html
 
Yen, Dollar Strengthen on Stock Declines, Retaliation Concerns

http://www.bloomberg.com/news/2011-...n-laden-s-death-will-lead-to-retaliation.html

Oil Drops on Economic Growth Concern as Bin Laden Death Boosts Volatility

http://www.bloomberg.com/news/2011-...omy-as-bin-laden-death-boosts-volatility.html

Pakistan's bin Laden Connection Is Probed

http://online.wsj.com/article/SB10001424052748704569404576299003523779890.html

One Of The Biggest Sliver Bulls In The World Just Started Selling

http://www.businessinsider.com/silver-bull-sprott-spent-all-last-week-selling-the-metal-2011-5

Amid Skepticism, Pakistan Calculates Its Response

http://www.nytimes.com/2011/05/03/world/asia/03pakistan.html?hp

Citadel's Griffin assails too-big-to-fail reforms

http://www.reuters.com/article/2011/05/02/financial-regulation-liquidation-idUSN0225120820110502
 
Silver Slumps on Higher Margins; Gold Drops on Report of Soros Fund Sales

http://www.bloomberg.com/news/2011-...ncreased-margins-spur-sales-by-investors.html

Bank Stocks Too Fancy for Money Managers Turned Off by Use of Derivatives

http://www.bloomberg.com/news/2011-...anagers-turned-off-by-use-of-derivatives.html

U.S. Is on Alert for Hastened Plots

http://online.wsj.com/article/SB100...01403505050660.html?mod=WSJ_hp_LEFTTopStories

Rep. Frank targets Fed hawks

http://www.marketwatch.com/story/rep-frank-targets-fed-hawks-2011-05-03

Syria's 'Arab Spring' Could Unleash Chaos Across The Middle East

http://www.businessinsider.com/syri...s-across-the-middle-east-2011-5#ixzz1LNWvu1i6

Can The Federal Reserve Print to Prosperity?

http://blogs.forbes.com/ycharts/2011/05/03/can-the-federal-reserve-print-to-prosperity/

Sources: Panetta to Congress – Pakistan either incompetent or involved

http://politicalticker.blogs.cnn.co.../cnn_politicalticker+(Blog:+Political+Ticker)

UAW hires Dem insider to head Washington effort

http://detnews.com/article/20110503...sider-to-head-Washington-effort#ixzz1LNYFN6aX
 
Trichet May Signal Rate Cycle Pace as ECB Fights Inflation

http://www.bloomberg.com/news/2011-...may-signal-how-fast-ecb-will-raise-rates.html

Crude Oil Falls for a Fourth Day Amid Signs of Slowing Fuel Consumption

http://www.bloomberg.com/news/2011-...bearish-stockpiles-u-s-economic-slowdown.html

Silver Has Biggest Three-Day Decline Since 1983, Leading Commodities Lower

http://www.bloomberg.com/news/2011-...ine-since-1983-leading-commodities-lower.html

Signs Point to Pakistan Link

http://online.wsj.com/article/SB100...03553679080310.html?mod=WSJ_hp_LEFTTopStories

Syria Protests Spread Amid Widespread Detentions

http://online.wsj.com/article/SB100...04.html?mod=WSJ_hp_MIDDLENexttoWhatsNewsFifth

Eric Holder's bin Laden Moment

http://online.wsj.com/article/SB100...90747157756.html?mod=WSJ_hpp_sections_opinion

Meredith Whitney Doubles Down On Her Call For An Epic Muni Catastrophe

http://www.businessinsider.com/mere...illions-of-muni-defaults-2011-5#ixzz1LSwlqMe6

Presenting The Navy SEAL Dog That Helped Nail Bin Laden

http://www.businessinsider.com/the-navy-seals-secret-weapon-2011-5#ixzz1LSwtDTyd
 
Whitney says she's sure of a coming muni bond default but the counter view is that unfunded pension liabilities are the big problem and aren't a structural short term shortage. If that's true, then the Federal borrowed monies passed to the states for pension funding in the stimulus bill could be recalled, huh? And then used to extend the debt limit deadline? :D
 
Oil Rebounds From Biggest Decline in Two Years; Down 12 Percent This Week

http://www.bloomberg.com/news/2011-...-heads-for-biggest-weekly-drop-in-a-year.html

Trichet’s ECB Rate Signal Just a Respite for Indebted Nations: Euro Credit

http://www.bloomberg.com/news/2011-...respite-for-indebted-nations-euro-credit.html

JPMorgan Said to Face SEC Subpoena Along With Credit Suisse

http://www.bloomberg.com/news/2011-...naed-by-sec-over-mortgage-debt-documents.html

SEC Subpoenas Credit Suisse Over Mortgages, MBIA Says

http://www.bloomberg.com/news/2011-...-mortgages-mbia-says-in-n-y-court-filing.html

Senate Republicans Plan to Block Consumer While Seeking Changes

http://www.bloomberg.com/news/2011-...block-consumer-nominee-absent-changes-1-.html

Goldman’s Blankfein Faces Investors Amid ‘Lingering Problems’

http://www.bloomberg.com/news/2011-...faces-investors-amid-lingering-problems-.html

GaveKal's 5 Reasons Why Commodities Are Suddenly Tanking

http://www.businessinsider.com/5-reasons-for-the-commodity-selloff-2011-5

Ending Run, Investors Abandon Commodities

http://www.nytimes.com/2011/05/06/business/06prices.html?_r=2&ref=business

As Predicted in December, Commodity Bubble is Popping

http://blogs.forbes.com/petercohan/2011/05/05/as-predicted-in-december-commodity-bubble-is-popping/

Obama Walks Away From 9/11 Family Member Who Asks About Investigation of CIA Interrogators

http://www.theblaze.com/stories/oba...sks-about-investigation-of-cia-interrogators/

Silver slides into a bear market

http://www.usatoday.com/money/markets/2011-05-05-silver-bear-market_n.htm
 
I think you'll like this

War Dog
There's a reason they brought one to get Osama bin Laden.

110504_wardogs1.jpg


PS- Found it here:
Laughing Squid Links
 
Wow! Thanks, crws, for the slides! Can't you just imagine the excitement those dogs are feeling when their handler/buddy starts to strap on their equipment! - and to jump out of planes, Whoa!
- they have to love what they are doing, knowing they are doing Their Job, and then the gratification for doing it! If we could be so well disciplined, how much happier we would be! (see the writings of Paul of Tarsus).
So, anyway, reading the comments afterwards, I was grateful for the Rangers and others who responded to the ignorants with the facts of going to Police Dept at retirement, or adoption by their handler - It was sad to read that we left them behind in Vietman, what kind of debriefing was that for them.... Expensive little dudes, aren't they! But who could put a price on our solders' lives?
Thanks again...
 
I read an article in the Cleveland Plain Dealer this morning that talked about the dog that was with the SEAL team. The article is from the New York Times. Here is part of it and the link. Pretty cool.





A Bin Laden Hunter on Four Legs

By GARDINER HARRIS

Published: May 4, 2011



"The identities of all 80 members of the American commando team who thundered into Abbottabad, Pakistan, and killed Osama bin Laden are the subject of intense speculation, but perhaps none more so than the only member with four legs..."

http://www.nytimes.com/2011/05/05/science/05dog.html?scp=1&sq=a dog was part of the SEAL&st=cse
 
EU Said to Consider Requiring Collateral for Providing Extra Aid to Greece

http://www.bloomberg.com/news/2011-...e-collateral-for-extra-greek-aid-on-debt.html

U.S. Will Urge China to Boost Interest Rates as Talks Start

http://www.bloomberg.com/news/2011-...-higher-interest-rates-stronger-currency.html

German Economists Warn Against Greek Exit From Euro, Welt Says

http://www.bloomberg.com/news/2011-...n-against-greek-exit-from-euro-welt-says.html

Euro Advances on Bets Debt Concerns Won’t Derail Rate Increases; Yen Drops

http://www.bloomberg.com/news/2011-...ill-raise-interest-rates-faster-than-fed.html

ETF investors at risk in next ‘flash crash’

http://www.marketwatch.com/story/etf-investors-at-risk-in-next-flash-crash-2011-05-08

Fed Has Power To Pop Commodity Bubble

http://blogs.forbes.com/greatspeculations/2011/05/08/fed-has-power-to-pop-commodity-bubble/

Hold On -- Is THIS Why Commodities Got Slammed Last Week?

http://www.businessinsider.com/why-...s-cftc-otc-derivatives-regulation-2011-5?op=1
 
Home Values See Biggest Drop Since 2008

http://www.cnbc.com/id/42955097


My home's value has been dropping like a rock again since February. I'm also seeing another wave of homeowners in my neighborhood throwing in the towel and opting to do short sales or any other method to stop the insanity of paying a high mortgage on a quickly depreciating asset.

This is in Orlando, FL, which was one of the worst housing markets in the country. Right now my home has a value (according to zillow) of about $151K. In mid-2006 it was near $375K. After more than 7 years of mortgage payments I'm underwater to the tune of about $75K, and I bought this home about 4 years before the peak. In many cases our homes are being priced at early to mid 1990's levels. AND THEY'RE STILL DROPPING!
 
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