Asia stocks down after credit downgrades in Europe Asia stocks down after credit downgrades in Europe

Greece surveys riot damage after austerity voteGreece surveys riot damage after austerity vote

Oil falls toward $100 ahead of US supply dataOil falls toward $100 ahead of US supply data

 
 
 
John Ransom John Ransom: Obama Budget: A Lie Wrapped in a Theory Inside a Stimulus

The Obama budget is a lie wrapped in a theory inside a stimulus.

 
Dave Ramsey Dave Ramsey: Dave Says Don't Get Married to Debt Yet

Someone who isn’t making any headway in getting out of debt while they’re single probably isn’t going to do a complete turnaround just because they get married.

 
Daniel J. Mitchell Daniel J. Mitchell: Obama Budget: Fed Spending to Rise by $2 Trillion in 10 Years

If we believe the President’s forecasts (which may be a best-case scenario), the burden of federal spending will grow by $2 trillion between this year and 2022.

 
Political  Calculations Political Calculations: China Enters Into Recession

China entered into recession in December 2011.

 
Charles Payne Charles Payne: Killing the Monster

Over the weekend, Greece burned as its citizens came to the conclusion the only way to destroy the deceptive labyrinth of sloth, profligate spending, and complacency is to rip it down.

 
Nathan Slaughter Nathan Slaughter: How Iran Could Push Oil Past $150 a Barrel

On Dec. 12, a high-ranking Iranian official announced plans to conduct "a military maneuver on how to close the Strait of Hormuz," according to news reports.

 
Bob Beauprez Bob Beauprez: Budget Fiction and Failings

By election time this fall, Obama will have nearly completed his first term. The annual deficits on his watch will be as follows...

 
Mike Shedlock Mike Shedlock: Occupy Athens: Total Chaos; Riots Rage; Athens Resembles War Zone

Coverage of the chaos in Greece is now everywhere I look. Here is a sampling of stories.

 
David Sterman David Sterman: This Well-known Value Stock is Now About to Be a Growth Stock

The real appeal for me is that investors were mistakenly seeing this as a company that has moved past its heyday.

 
Jeff  Carter Jeff Carter: Joe Six Pack Could Become Extinct

Studies of fishing and quotas have shown that private property rights do a better job of saving fish species than public quotas.

 
Bill Tatro Bill Tatro: Reality of Austerity TV

“What promises do you want?” says Greek Prime Minister Lucas Papademos. “We’ll give it to you, just give us the money,” he exclaims.

 
Night Watch Night Watch: NightWatch: Syria Races to Destroy Opposition

Imagery release provided credible evidence of the extent of the Syrian operation. It looks superficially like the start of the destruction of Hama in 1982

 
John Ransom John Ransom: The GOP Can Add 10 Million Jobs and $15 Trillion to US Economy without Spending a Dime

With this plan the U.S. would create at least 10 million new U.S. jobs, keeping around $500 billion per year here at home. Over twenty years that would be an additional $12.5 trillion in GDP even at a modest 2 percent growth rate. At 4 percent the numbers are closer to $15.5 trillion.

 
Bob Beauprez Bob Beauprez: Saving Congress From Itself

Should Members of Congress be forbidden to buy and sell stocks based on inside information? Yes. Can Congress police itself without overreaching and creating even more bureaucratic regulations funded by more money we don’t have? Yes.

 
Mark Baisley Mark Baisley: Say Goodbye to Beauty, America

While surviving is the primary act of a culture, it will not last long without hopeful, creative expression.

 
Mike Shedlock Mike Shedlock: Athens Burning: Banks in Flames After Athens Passes Austerity Bill

Give it time and Portugal and Spain will follow. Greece is in an economic depression (as are Spain and Portugal), and things are about to get much worse.

 
Russia admits brief cut of gas supplies to Europe
 
Eurozone loses patience with Greece
 
Weekly US oil, gas rig count down 11 to 1,997
 
Stocks jump after misleading jobs report
 
Central bank liquidity tap to stay open