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Tuff-Stuff

05/09/10 12:00 PM

#317200 RE: Tuff-Stuff #317199

Links and Reading for May 8th


http://www.thedisciplinedinvestor.com/blog/2010/05/08/links-for-may-8th/


May 8, 2010

Some of the more interesting and important items for May 8th :

* Payrolls in U.S. Rise by Most in Four Years; Jobless Rate Climbs to 9.9% – Good and bad….
* Volcanic Ash Cloud Drifting Over Spain, Portugal, Irish Air Authority Says – This is starting to get out of hand….
* BP’s Oil-Capture Chamber Clogs, Forcing Removal From Leaking Gulf Well – Yikes. Not good…
* Qatar Holding Buys Harrods Department Store – There it goes….
* Who is Buying All The Gold (GLD)? – China and India
* Deal reached to drop $50 bln bank fund from reform – MarketWatch – Senate lawmakers on Wednesday voted to drop a controversial provision in broad bank reform legislation that would have created a $50 billion fund to help dismantle a large financial institution so that its collapse does not cause collateral damage to the markets.
* Schwarzenegger Drops Offshore-Drilling Support After Gulf of Mexico Spill – So short sighted….
* Greece Agrees to EU, IMF Bailout as Papandreou Sees `Big Sacrifices’ Ahead – Now the economy will not be able to recover at all
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hang ten

05/09/10 12:01 PM

#317201 RE: Tuff-Stuff #317199

Two relatives of mine, from Aspen CO (one a registered Dem) were down here last week, they are represenative of the shift - they'll not be 'voting as usual', thus aiding the shift towards Repub's.