thestatedtruth.com | January 4, 2010
What To Expect in 2010  by J. R. Nyquist  Weekly Column Published: 1.04.2010 In Roman mythology, Janus was the god of gateways, portals and bridges. He has been used to symbolize the march of time, the transition from one age to another. He is often represented as having two faces: one peering into […]
thestatedtruth.com | January 4, 2010
 by RYAN J. PUPLAVA, CMT | January 4, 2010 It’s a new year, and for newsletter writers and portfolio managers it means the bar has been reset. It’s time to put on our thinking caps and make grandiose predictions for the year to come. After watching CNBC for three days last week, I found […]
thestatedtruth.com | January 4, 2010
The big question……Is this a lagging indicator or a trend. AP: 2009 bankruptcies total 1.4 million, up 32 pct By MIKE BAKER, Associated Press Writer RALEIGH, N.C. – U.S. consumers and businesses are filing for bankruptcy at a pace that made 2009 the seventh-worst year on record, with more than 1.4 million petitions submitted, an […]
thestatedtruth.com | January 4, 2010
OUTLOOK FOR ECONOMIC GROWTH AROUND THE WORLD Guild Investment In our opinion, stock market appreciation is a function of corporate profit growth. Corporate profit growth depends upon the industry or industries in which the company operates and the growth rate of the countries in which the company operates. A summary of the markets which we […]
thestatedtruth.com | January 4, 2010
Merced Sun-Star  Lifeline For Homeowners  California and four other states lead the nation in  ‘Underwater’ mortgages. Entering the new year, California continues to be the blue lagoon for the mortgage mess. It is one of five states leading the nation in “underwater” mortgages, where the value of a home is less than what […]
thestatedtruth.com | January 4, 2010
No Good Deed Goes Unpunished as Banks Seek Profits From Bailout By Christopher Condon and Jody Shenn Jan. 4 (Bloomberg) — To understand the meaning of no good deed goes unpunished, Treasury Secretary Timothy F. Geithner can look no further than Wall Street where the banks that received the biggest taxpayer bailouts are seeking to […]
thestatedtruth.com | January 3, 2010
  JANUARY 2, 2010      How A Supposed Boon Has Become A Fiscal Burden. Remember how $200 billion in federal stimulus cash was supposed to save the states from fiscal calamity? Well, hold on to your paychecks, because a big story of 2010 will be how all that free money has set the states up for an even bigger […]
thestatedtruth.com | January 3, 2010
thestatedtruth.com | January 3, 2010
Later Payments Are Jamming The Economy’s Gears               January 3, 2010                        By PHYLLIS KORKKI What’s one sign of a weak economy? People take longer to pay their bills. As a result, those who await payment have less money to pay their bills, and a cycle of slowness sets in, gumming up the economic works. […]
thestatedtruth.com | January 3, 2010
Fed’s Kohn Says Constrained Credit May Curb Spending By Craig Torres Jan. 3 (Bloomberg) — Federal Reserve Vice Chairman Donald Kohn said tight bank credit and caution among households and businesses may impede spending amid an improvement in financial markets. “Lingering credit constraints are a key reason why I expect the strengthening in economic activity […]
thestatedtruth.com | January 1, 2010
                 Index         P/E        Est. P/E    Div %  Price/Book   Price/Sales  Dow Ind 16.06 16.03 2.67   2.74x         1.33x  Dow Tran 29.60 38.66 1.76  2.25x        0.80x  Dow Util 12.89 13.10 4.21  1.59x        1.16x  S&P 500 22.16 17.61 2.06  2.21x        1.23x  Nasdaq 42.11 25.53 0.84  2.69x       0.20x Source: Bloomberg Key Interest […]
thestatedtruth.com | January 1, 2010
thestatedtruth.com | December 31, 2009
What a great investment for the government.  The situation is they are losing gobs of money, up to $400 billion in mortgages, Wallison a former general counsel at the Treasury  said in a Bloomberg Television interview. The Treasury Department recognized last week that losses will be more than $400 billion when it raised its limit on […]
thestatedtruth.com | December 30, 2009
DECEMBER 31, 2009 Rules to Clarify Cost of Mortgages By JAMES R. HAGERTY Americans have long struggled with the complexities of shopping for home mortgages. Now Uncle Sam is trying to help. Federal rules that take effect Friday require mortgage lenders and brokers to give consumers better estimates of the barrage of costs they incur […]
thestatedtruth.com | December 30, 2009
Kazakhstan Claims To Be Worlds Biggest Uranium Miner By Isabel Gorst in Moscow Published: December 30 2009 Kazakhstan said on Wednesday it had overtaken Canada and Australia to become the world’s biggest uranium miner as nations rich in the resource ramp up production to sell into a resurgent nuclear power industry. The announcement came the […]
thestatedtruth.com | December 30, 2009
U.S. Slaps New Duties On Chinese Steel By Alan Rappeport in Washington Published: December 30 2009 The US will impose tough new duties on Chinese steel piping imports, raising tensions with its biggest trading partner and emerging geopolitical rival. With Chinese piping imports worth $2.8bn in 2008, the case is the biggest against China brought […]
thestatedtruth.com | December 29, 2009
How Your Income Stacks Up  by Kevin McCormally Where do you rank as a taxpayer? You may not feel rich earning $35,000 a year, but you’re in the top half of taxpayers. Make $70,000, and you earn more than 75 percent of fellow taxpayers. Even as the Great Recession ends, we know the economic […]
thestatedtruth.com | December 29, 2009
The European Commission warns that public finances in half of the 16 euro-zone nations are at high risk of becoming unsustainable. Governments will spend the next year and beyond balancing the urgent need to fix public-sector debt and deficits — without imperiling what appears to be a feeble economic recovery. Even the staunchest optimists in […]
thestatedtruth.com | December 28, 2009
Mortgage Anxieties Mean Limbo for Fannie and Freddie ………..Fannie Mae and Freddie Mac, which buy home mortgages from banks and package them into bonds sold to investors, have been bailed out with $1.5 trillion in direct and indirect government aid.  The approaching withdrawal of Fed support in the form of the mortgage-bond purchases risks a […]
thestatedtruth.com | December 27, 2009
“(ABC) “        The Senate voted Thursday to raise the ceiling on the government debt to $12.4 trillion, a massive increase over the current limit and a political problem that President Barack Obama has promised to address next year. The Senate’s rare Christmas Eve vote, 60-39, follows House passage last week and raises the debt ceiling […]
thestatedtruth.com | December 27, 2009
thestatedtruth.com | December 27, 2009
thestatedtruth.com | December 27, 2009
Goldman Sachs and Others Investigated for Betting Against Securities They Created Sunday, December 27, 2009 Betting against their own securities has prompted numerous investigations of Goldman Sachs and other Wall Street institutions. Prior to the financial collapse, Goldman and others figured out a way to package risky securities, such as subprime mortgages, and sell them […]
thestatedtruth.com | December 24, 2009
YRC Worldwide Inc  was the comination of Yellow Line Freight, Roadway and USF Corp. They’re now the largest trucking freightline…….Uh, here is what Yellow Corp said back in 2005 with the purchase of USF Corp……………….OVERLAND PARK, Kan. & CHICAGO, Ill. –This provides immediate and nationwide scale in next day and regional markets–Significant synergies and operational […]
thestatedtruth.com | December 22, 2009
On this day (+2) in 1931, America was spiraling into the depths of the Depression. Thousands of banks had closed and there was a national panic that more closings might be imminent. And, large corporations announced huge layoff programs, stunning many who thought they were safe. Those who had a job were grateful just to […]
thestatedtruth.com | December 22, 2009
The S&P 500 is up 65 percent from its 2009 closing low and looks to close out the full year with a gain of greater than 20 percent. But looking at the latest mutual fund inflows, the retail Regular Joe chose the safety of bonds. More than $260 billion flowed into taxable bond funds this […]
thestatedtruth.com | December 22, 2009
By Peter Whoriskey The Washington Post Mon., Dec . 21, 2009 The recession’s jobless toll is draining unemployment-compensation funds so fast that according to federal projections, 40 state programs will go broke within two years and need $90 billion in loans to keep issuing the benefit checks. The shortfalls are putting pressure on governments to […]
thestatedtruth.com | December 21, 2009
Trillions Of Troubles Ahead  Bert Dohmen Not too long ago, a billion dollars in a governmental budget was a lot of money. Then we got into hundreds of billions. People understood that this was a lot, just because of all the zeros. Now, unfortunately, the number has become small: the world “trillion,” as in […]
thestatedtruth.com | December 21, 2009
The Second Wave of Mortgage Defaults By Jim Nelson Baltimore, Maryland Our economy is about to relapse into the disease that sent us into the Great Depression: Part Deux. Subprime loans caused the initial illness. Option-ARMs will cause the relapse. In the first half of the past decade, subprime loans were king. They were cheap […]
thestatedtruth.com | December 19, 2009
THE DEBT BOMB by Puru Saxena Editor, Money Matters December 18, 2009 BIG PICTURE- “It’s a question of how do you achieve the deleveraging. Do you go through a long period of slow growth, high savings and many legal problems or do you accept higher inflation? It would ameliorate the debt bomb and help us […]
thestatedtruth.com | December 17, 2009
Chinese Central Banker Zhu Says Dollar Set to Weaken By Bloomberg News Dec. 17 (Bloomberg) — Chinese central banker Zhu Min said that the dollar is set to weaken further and it will become more difficult for nations to buy U.S. Treasuries. “When the U.S. has to fund its deficit through the combination of issuing […]
thestatedtruth.com | December 17, 2009
Pimco’s Gross Boosts Cash to Most Since Lehman Failed By Wes Goodman and Garfield Reynolds Dec. 18 (Bloomberg) — Bill Gross, who runs the world’s biggest bond fund at Pacific Investment Management Co., cut holdings of government debt and boosted cash to the most since Lehman Brothers Holdings Inc. collapsed in September 2008. Gross increased […]
thestatedtruth.com | December 16, 2009
From…..The Daily Reckoning China’s nuclear capacity is now less than 9,000 megawatts, but the country has more than a dozen more plants either under construction or in the planning stages. According to figures from the brokerage CLSA, the capacity could grow fivefold by 2015. The official target is 40,000 megawatts by 2020. Such an ambitious […]
thestatedtruth.com | December 8, 2009
Obama’s 47% Approval Lowest On Record For This Point Bill Sammon     – December 08, 2009 President Obama’s job approval rating has fallen to 47 percent in the latest Gallup poll, the lowest ever recorded for any president at this point in his term. President Obama’s job approval rating has fallen to 47 percent in […]
thestatedtruth.com | December 7, 2009
From The Inger Letter       www.ingerletter.com Today’s latest report showed continued year-over-year declines for Consumer Credit; which is now an all-time one-year collapse which bears watching. I also believe that despite the protestations about credit not being available; consumer and business folks alike (at least those with basic smarts) aren’t inclined to borrow at this time, […]
thestatedtruth.com | December 7, 2009
Bernanke Sees ‘Formidable Headwinds’ for U.S. Economy By Craig Torres and Shobhana Chandra Dec. 7 (Bloomberg) — Federal Reserve Chairman Ben S. Bernanke said the U.S. economy faces “formidable headwinds,†including a weak labor market and tight credit that are likely to produce a “moderate†pace of expansion. “The economy confronts some formidable headwinds that […]
thestatedtruth.com | December 6, 2009
Treasury Needs Plan B For Mortgages From The Yew York Times By GRETCHEN MORGENSON Published: December 5, 2009 AFTER months of playing pretend, the Treasury Department conceded last week that the Home Affordable Modification Program, its plan to aid troubled homeowners by changing the terms of their mortgages, was a dud. The 10-month-old program is […]
thestatedtruth.com | December 4, 2009
Geithner Slams Bonuses, Says All Big Banks Could Have Failed By Robert Schmidt  Dec. 4 (Bloomberg) — Treasury Secretary Timothy Geithner criticized the record bonuses expected to be paid by big banks this year and refuted claims by Goldman Sachs Group Inc. that it would have survived without government aid. Taking aim at what […]
Coming Soon
bank owned banks congress consumer credit debt Economy education equity fund flow data food stamps foreclosures Free Money gdp gold Government Greece housing inflation Interest rates japan Middle East Money mutual fund outflows net worth new normal Oil pensions PIMCO politics Quote of the Day Real Estate Recession retirement Rich Rich man spending stock market Student Loans taxes tid bits unemployment Wall Street war Wealth Wealthy weather
Copyright © 2026 The Stated Truth
