Friday, December 31, 2010

Euro Zone Faces Exodus

Dec. 31 2010 | The ongoing European debt crisis, and the austerity measures brought in to solve the issues, will see an "exodus" of countries from the monetary union, according to Jim Walker, founder and CEO of Asianomics.

Thursday, December 30, 2010

Unemployment Benefit Applications Drop Sharply

The number of Americans applying for unemployment benefits fell to its lowest point in nearly two and a half years, a sign that the job market is slowly improving. (Dec. 30)

Wednesday, December 29, 2010

AllState Sues Bank of America over Residential Mortgage Securities

Allstate Corp. (ALL) has shed its opening bell upside and is down fractionally, after the insurance carrier said it was suing Bank of America Corp. (BAC) over mortgage-backed securities that went sour.

The suit alleges the bank's Countrywide unit knew $700 million in residential mortgage-backed securities it sold Allstate were a "toxic mix of loans given to borrowers (who) could not afford the properties and thus were highly likely to default."

BAC shares also were higher in initial trade today.

Tuesday, December 28, 2010

The Federal Reserve is a failure

Oh wait, the US way may not be on the road to recovery after all. Pimco Chief Executive El-Erian warns the US is on its way to deflation. Remember Treasury Secretary Timothy Geithner's New York Times op-ed earlier this week, where he said the US is in a recovery, well not exactly according to several economists. Anthony Randazzo, director of economic research at the Reason Foundation says there is no real proof the stimulus busted GDP. He also discusses the problem with Ben Bernanke and why Americans still put trust in the Wall Street players.


Monday, December 27, 2010

Recession Risk Remains in 2011

Dec. 27 2010 | There is a risk of another recession next year and protectionism could cause major problems in 2011, Roger Nightingale, strategist at Pointon York, told CNBC Monday.

Friday, December 24, 2010

2011 Jobs Outlook

Dec. 23 2010 | Insight on what it will take to generating jobs in 2011, with Tig Gilliam, Adecco Group regional head of North America.

Wednesday, December 22, 2010

Inflation, Unseen Taxes, and Ponzi Schemes!!

you must talk about how medical prices are TOO HIGH because of government interference.Laser eye surgery, lap-bands, breast jobs all OUTSIDE the Government sphere and EACH YEAR you can get MORE, BETTER quality service for your money...WHY? NO GOVERNMENT INTERFERENCE!

Coach, Jesus didn't approve of the rich. 23 And Jesus looked round about, and saith unto his disciples, How hardly shall they that have riches enter into the kingdom of God! 24 And the disciples were astonished at his words. But Jesus answereth again, and saith unto them, Children, how hard is it for them that trust in riches to enter into the kingdom of God! 25 It is easier for a camel to go through the eye of a needle, than for a rich man to enter into the kingdom of God.

Tuesday, December 21, 2010

Are Government Unions Bankrupting America?

Airtime: Mon. Dec. 20 2010 | Insight on whether government unions are bankrupting America, Mark Levine, Democratic policy analyst and Jerry Bowyer, "The Free Market Capitalist's Survival Guide" author.

Sunday, December 19, 2010

Max Keiser Bankers are Financial Terrorist worse than Bin Laden

LLoyd Blankfein, Henry Paulson, J. Dimon, Ben Bernanke, Alan Greenspan, and a few others with the big banks and Wall Street, should respond for their actions. A sweep investigation should take place. I bet they all will be find guilty. They should go the jail where they belong.

Saturday, December 18, 2010

Conspiracy.Theory.with.Jesse.Ventura.S02E03 Wall.Street

Episode 3 - "Wall Street"
Premieres Fri, November 5, 2010 at 10P
Jesse goes inside the secret billionaire's boy's club to find out what caused
the financial meltdown and how the group allegedly continues to manipulate and
control the stock market and oil, gold and silver prices. From Wall Street to
Washington, the governor barges in on the rich and powerful to demands answers.
TV-PG-L

Friday, December 17, 2010

$7B Madoff Settlement a 'Game Changer'

The widow of a Florida philanthropist who had been the single-largest beneficiary of Bernard Madoff's Ponzi scheme has agreed to return $7.2 billion in bogus profits to the victims of the fraud. (Dec. 18)

U.S. Government's Financial Rescue Plan Costs Less than Projected

U.S. Treasury Secretary Timothy Geithner says the U.S. government's financial rescue plan will cost about $30 billion. It is considerably lower than what was estimated.




U.S. Treasury Secretary Timothy Geithner defended the $700 billion Troubled Asset Relief Program (TARP) on Thursday.

He told a congressional panel that the Treasury expected a positive return on its remaining support for banks, automakers, credit markets and American International Group (AIG).

Geithner said the U.S. government's financial rescue efforts will cost less than 1 percent of gross domestic product, considerably below past systemic crises.

[Timothy Geithner, U.S. Treasury Secretary]:
"These programs achieved their objective at a fraction of their cost that almost any observer predicted , even as recently as three, six , nine months ago."

The Treasury's most recent all-in cost estimate for TARP, including expected gains from AIG investments, is about $30 billion, down from a previous estimate of $350 billion by the Congressional Budget Office.




He said the U.S. economy and financial system have not yet recovered from the crisis, with the unemployment rate still near 10 percent and small businesses still having difficulty accessing credit.




[Timothy Geithner, U.S. Treasury Secretary]:
"Now the government's financial programs including TARP were not designed and cannot solve all those problems and cannot on their own solve all the damage caused by the crisis. But these programs do what they had to do, what they were designed to which was to protect the value of America' savings, to restore a measure of stability to the financial system at the edge of collapse, re-open access to credit and to restart economic growth."

He said the housing market also remains weak, and the Treasury is continuing to use mortgage finance giants Fannie Mae and Freddie Mac to apply downward pressure on rates.

Tuesday, December 14, 2010

Inflation in China Hits a 28-Month High



For more news & videos visit ☛http://english.ntdtv.com

Inflation in China has reached its highest point in more than two years. It's driven mostly by the soaring food prices. Chinese authorities are trying to keep prices stable, but economists see no relief any time soon.

The Chinese National Bureau of Statistics announced on Saturday, China's inflation has soared to a 28-month high. The consumer price index rose by 5.1 percent year-on-year in November.

Food was the biggest concern, with prices rising 11.7 percent. Economists say inflation could be spreading to other sectors, with health care up 4 percent and house prices up 5.8 percent.

[Hu Xingdou, Professor of Economics, Beijing Institute of Technology]:
"China will experience a long-term inflation era. Price rises will be seen in sectors like real estate and asset prices, prices of raw materials, commodities, agricultural products and agricultural inputs will also rise rapidly."

Economists blame massive lending and billions of stimulus spending in reaction to the financial crisis.

China's central bank raised lenders' reserve requirements for the third time in a month to sop up some of the excess cash in the economy that is driving prices higher.

Chinese authorities also promised to take a hard line on the hoarding of food and other goods which they say is artificially driving up prices.

But many retired city dwellers still worry they will not have enough money to pay doctor bills if food prices keep rising.

[Ms. Wang, Beijing Resident]:
"For people like us who have retired, with low salaries, you can afford to eat as long as you don't get sick. If you have to see a doctor you soon won't be able to afford to eat."

Monday, December 13, 2010

Forbes on Fox: Retire on Time With These Stocks

Informer: Stocks to help you save money

Thursday, December 9, 2010

Jim Rogers expects much, much higher interest rates

Jim Rogers : REUTERS 2011 INVESTMENT SUMMIT





Wall street king Legendary investor Jim Rogers and author of ‘Hot Commodities’ agrees with Dr Gloom Boom and Doom Marc Faber in predicting ‘much, much, much higher interest rates’ in the US over the next few years and is now shorting US treasuries. He told a Reuters investment summit this week that ‘everybody in this room knows that prices are going up for everything’, Jim Rogers is not only an astute businessman, a voice of reason and a gentleman but is also blessed with a genuine sense of humor - Jim Rogers 's golden words: Investment in productive capacity is what leads to the long term growth of economy.



One important fact you need to remember. When the crash happens, a new system will be offered. Refuse it, unless it is a gold standard.I doubt that they would offer a gold standard due to what happened in the UK in the 1930s when Churchill tried. It'll just be another Fiat currency backed by nothing.

Wednesday, December 8, 2010

Who Benefits From Austerity

James Crotty: What Does Wall St. Want Out of Austerity and What Benefits Does it Gain From a Small Government?


So he admits that the big banks aren't really regulated at all. And wants more regulation. Except every single time we ask for more regulation we get it, only it excludes the huge banks!

He ignores the existing sea of regulations that make smaller banks and firms nearly still born. Building an effective wall for the elite. But instead of suggesting to remove some of that "sea" of rules so some of the smaller fish can grow to take on the bigger ones, he wants more regulation walls.The market would have punished those people who made bad decisions. So yes this includes a school who has it's savings in a terrible company.

It sounds like he wants to strip all responsibility for all actions claiming some things are just too important to be responsible for.

So don't worry about making responsible choices, we'll just dilute the negative backlash by letting all people pay.

This encourages irresponsibility!"If they all crashed, the whole global economy would crash". Um no.

There's been times before where they effectively haven't been regulated, and because it's "cheap" to begin a financial firm there are thousands of them. Because there are thousands of them, there's a wide spread of people in many MANY different financial firms.

Having "all" of them crash at once would be like having all restaurants in the world shut down from e-coli. (More likely with one giant chain with one source.)Proving markets are "efficient" absolutely does _not_ require investors to predict the future. In fact, to claim that a government can improve the efficiency of a market, is to claim that some smaller group of people (selected for reasons other than their record of prediction) than the pool of all investors, can _better_ predict the future than those who bet their own money on their predictions.in ireland, the imf, which is basically broke, has insisted on 20% collateral, i.e., equal to ireland's solvent pension fund. ireland is getting raped. someone, quick, call interpol.

i agree with obarelida, mr. jay, not only are your interviews interesting but you have the good sense to let your guest do the talking. thanks.

Tuesday, December 7, 2010

Peter Schiff on FOX Business News 12/07/10

Peter Schiff on FOX Business News 12/07/10

Peter Schiff :"...unfortunately this is going to make the problems worse because yes we are cutting taxes but rather than funding the government through taxes we are gonna fund it through debt and the extra debt is going to undermine the economy more than lower taxes benefits , and of course a lot of that debt is going to be funded by the federal reserve monetizing debt that's why oil hit a two year high today , copper hit a record high you see commodity prices surging the CRB hit a new two year high so the cost of living is going to rise and that's going to hurt every American ......etc...

Jim Rogers Ireland is bankrupt

Dec. 7 2010 | Some countries in Western Europe are bankrupt or are having serious liquidity problems and they should be allowed to restructure their debt, famous investor Jim Rogers told CNBC Tuesday
Jim Rogers Ireland is bankrupt

Monday, December 6, 2010

Marc Faber : US and European interest rates are negative in real terms

Marc Faber : “US and European interest rates are negative in real terms, the rate of inflation is significantly higher than what governments are saying,” “You can see it when you pay for your insurance premiums, your groceries, your child’s pre-kindergarten schooling in New York there has been a loss of pricing power for most people.”

Niall Ferguson : China Bail Out the EU

CNN's Fareed Zakaria and Niall Ferguson and the FT's Gillian Tett on the EU crisis and possible help from China.

Friday, December 3, 2010

Goldman Sachs Shares Stumble as Firm Considers Selling Mortgage Servicing Division

"Shares of Goldman Sachs (GS) are down following a report that the firm is considering selling its mortgage-servicing division.

The move would come less than three years after moving into the business of collecting on home loans and foreclosing on delinquent borrowers, according to the Financial Times.

Goldman shares are down 0.35%, or $0.57, to $161.93."

Unemployment Rate Pops Up to 9.8 Percent.

The job market continues to falter. The AP's Mark Hamrick reports that's despite some recent signs of recovery.

Thursday, December 2, 2010

Another Bank Bailout on the Way?

FBN's Gerri Willis argues that, despite new regulations, banks are bigger than ever and pose a big threat to our economy.

WikiLeaks Targets Bank of America

Nov. 30 2010 | Discussing the next target of the document dump, with John Carney, CNBC.com senior editor and Dick Bove, Rochdale Securities financial strategist.

Wednesday, December 1, 2010

Bernanke Addresses Business Leaders in Ohio

Nov. 30 2010 | Federal Reserve Chairman Ben Bernanke holds a "Conversation on the Economy" with business leaders in Columbus, Ohio.

Tuesday, November 30, 2010

Eurozone Contagion Fears Deepen

ReutersVideo--November 30, 2010--The euro zone debt crisis is deepening as investors pushed the spreads on Spanish, Italian and Belgian bonds to euro lifetime highs and Portugal warned of the risks facing its banks.

Monday, November 29, 2010

Europe Debt Domino Effect

CNBC
November 29, 2010
Insight on Europe’s debt debacle.

Obama Proposes Federal Employee Pay Freeze

Obama Proposes Federal Employee Pay Freeze Nov. 29 2010 |
President Obama proposes a two-year civilian pay freeze for federal employees.

California Going the Way of Ireland, Greece?

Reagan.com's Mike Reagan on the mounting budget crisis facing the state.

Thousands Protest Irish Nightmare Economy

Leo Panitch: U.S. created financial crisis and European banks turned the Irish Miracle into a nightmare

Sunday, November 28, 2010

85 Billion Euro Bailout Approved for Ireland

itnnews--November 28, 2010--Head of eurozone ministers Jean-Claude Juncker announces that an 85 billion euro bailout package has been announced.

Saturday, November 27, 2010

50,000 Protesters March against IMF in Dublin

Itn news—Nov. 27, 2010--An estimated 50,000 demonstrators have gathered in Dublin to protest against plans for an IMF bailout of the Irish economy.

Friday, November 26, 2010

Irish Banks Sink on Expectations Banks Heading Toward More State Ownership

"Irish banks Allied Irish Bank (AIB) and Bank of Ireland (IRE) are lower amid expectations that the banks are heading toward greater state ownership, AP reports.

There is deep skepticism that an international bailout loan -- whose details are expected to be unveiled Sunday -- will be enough for Ireland to resolve its debts, the story said.

Speculative media reports in Dublin and Brussels fueled nervousness, with claims that the International Monetary Fund and European Central Bank experts driving the loan talks in Dublin would like to make Ireland's senior bondholders -- chiefly foreign banks -- eat losses in Ireland's debt-crippled banks.

AIB was last down 12.48% and IRE down 8.86%."

Thursday, November 25, 2010

Ireland Struggling Economy

World Business: Ireland, once one of Europe's hottest economies is in a sorry state. Laden with debt, but desperate to avoid asking for help from the IMF and EU, the country has to take drastic action. With four companies going bust every day, and unemployment soaring, it will take all the luck of the Irish to get out of this economic mess.Reporter: Diana Muriel

Wednesday, November 24, 2010

Ireland Announces 4-year Plan to Raise $20B

The AP is reporting that Ireland has unveiled the most severe budget cutbacks in its history on Wednesday. The country mired in debt has announced a four-year plan of spending cuts and tax hikes to raise 15 billion euros ($20 billion).

Approximately 24,000 state employees could lose their jobs in the process and the sales tax could rise to 23%. The 2011-2014 plan will shave 10 billion euros ($13.3 billion) from spending and bring in 5 billion euros ($6.7 billion) from extra taxes.

The austerity plan is a prerequisite for Ireland to receive an EU-IMF loan estimated at 85 billion euros ($115 billion). Ireland is hoping its deficit, estimated to reach a record 32% this year, will fall to 3% of GDP by 2014.

Tuesday, November 23, 2010

Greece austerity programme on track

Greece's International lenders have cleared the way for the country to receive the next installment of its $150bn bailout package.

Officials from the EU and IMF say while its austerity programme remains largely on track, Greece needs to make an "extra effort" to reduce its budget deficit.




Meanwhile, rubbish collectors in Athens, Greece's capital, have been on strike for days, protesting cuts in wages and benefits imposed by austerity measures.

Barnaby Phillips reports from Athens.

Monday, November 22, 2010

Ireland Debt Problems Ready to Cross the Pond

Former IMF Executive Desmond Lachman discusses why Irelands debt woes could spread like wildfire.

European Debt Union: Ireland in Euro Cage

Rt discusses Irish bailout with British conservative MP Douglas Carswell.

Dubliners Angry Over Bailout

itnnews--November 22, 2010--Dublin residents have expressed anger and disappointment over the application to the EU and IMF for a rescue package.

Ireland Formally Applies for Bailout

FBN's Connell McShane on Ireland's request for a bailout from the EU and the IMF.

Saturday, November 20, 2010

US foreclosures under scrutiny

US foreclosures under scrutiny


The number of homes being repossessed in the United States fell nationwide this past month, and could fall even further.

But hundreds of thousands of Americans are on the brink of losing their homes, amid accusations that banks have been wrongly handling foreclosures.

The foreclosure crisis began with the recession of 2008, when the US housing bubble burst. Lenders were faced with millions of defaults at once, and lacked the manpower to process all the paperwork.

This contributed to what has become known as "robo-signing", bank staff signing off on repossessions, without properly checking all the documents. Now there is an ongoing legal investigation into foreclosure practices in all fifty states.

And several major financial institutions have temporarily halted thousands of foreclosure proceedings while this is going on.

Al Jazeera's Scott Heidler traveled to the frontlines of the foreclosure crisis, to the city of Portland, Maine, where the allegations first emerged.

James Turk Gold $8000

Gold is in a 2nd stage of a bull market. We will see a more rapid price appreciation than in the past years. Price target until 2015: 8000 Dollar. Price manipulation has come to an end. Gold as natural alternative to currencies. Chances of hyperinflation 100%.Gold prohibition possible.

Economic Collapse: 40.8 Million Americans Now On Foodstamps

As of May 2010, the record number of Americans receiving foodstamps has risen to 40.8 Million while Gov. leaders plan to cut 6.7 Billion dollars from the program.

Friday, November 19, 2010

Economist Ha-Joon Chang on Currency Wars and G20


Democracy NOW! - DN! - Korean-born economist Ha-Joon Chang teaches economics at the University of Cambridge and is the author of the forthcoming book 23 Things They Don't Tell You About Capitalism. "Obama] has to buy time to restructure the economy without creating a recession by sustaining this deficit spending, because otherwise our other option is going back to the 1930s," Chang says. "Don't forget that in the 1930s a lot of countries started cutting this deficit as soon as things looked slightly better, and many of them went back into recession." Published with written permission from democracynow.org. http://www.democracynow.org Provided to you under Democracy NOW creative commons license. Copyright for this news broadcast belongs to democracynow.org, an independent non-profit user funded news media,

Wednesday, November 17, 2010

Bailout for Ireland ?

Nov. 17 2010 | Ireland has agreed to work with a joint EU-IMF mission to help its banking sector, but will the debt-stricken country continue to resist a bailout? Art Hogan, director of global equities at Jefferies joined CNBC to discuss the matter.

Tuesday, November 16, 2010

Rick Santelli Equates the Federal Reserve to a Bulldozer

Rick Santelli Equates the Federal Reserve to a Bulldozer

Monday, November 15, 2010

Banks Will Take Responsibility for Mortgage Meltdown

FBN's Charlie Gasparino on what to expect from bank foreclosure hearings on Capitol Hill.

Irish Bailout Will Lead to Domino Effect

Nov. 15 (Bloomberg) -- Stuart Thomson, international fixed-income fund manager at Ignis Asset Management, talks about the prospects of an Irish bailout and for contagion in Europe. He speaks from Edinburgh with Maryam Nemazee on Bloomberg Television's "Countdown."

Sunday, November 14, 2010

Outsourcing Becomes Major Economic Problem - Dylan Ratigan

Dylan Ratigan—Nov. 12, 2010—Outsourcing becomes a major economic problem. Millions of American jobs shipped to China.

Friday, November 12, 2010

Irish Banks in Trouble?

Irish Banks in Trouble?
Nov. 12 2010 | 6:00 AM ET

"The problems facing the Irish banks are considerable," Neil MacKinnon, global macro strategist at VTB Capital, told CNBC Friday. James Bevan, chief investment officer at CCLA Investment Management, joined the discussion.

Thursday, November 11, 2010

The Purpose of Taxation - Andy Gause

Fact: Taxation is a relief valve on the economic machine to ease inflationary effects on the dollar.

Naked Capitalism and QE2

Naked Capitalism's Yves Smith: Banks to Cash In on QE2 "Carry Trade" - Fed's 600 B quantitative easing may well make more profits for bankers

Wednesday, November 10, 2010

QE2 a Bad Idea - John Ryding

RDQ Economics Chief Economist John Ryding discusses why the Fed's latest round of quantitative easing wont benefit the economy.

Tuesday, November 9, 2010

Do You Know Where Your Tax Dollars are Going?

FBN's Gerri Willis takes a look at how Uncle Sam is spending your hard-earned money.

Monday, November 8, 2010

China is stock piling GOLD

Tetsuya Yoshii, VP for derivative products at Mizuho Corporate Bank is bullish on gold given China's demand for the precious metal as it diversifies out of U.S. paper and dollar-based assets. He makes his case to Linda Yueh of Oxford University & CNBC's Martin Soong.

Sunday, November 7, 2010

Bankruptcy of U.S. is Mathematical Certainty, Says John Allison, Former CEO of Nation's 10th Largest Bank


“I think the first thing we have to realize is where we’re going and to face it objectively,” Allison told CNSNews.com, when asked about the trillion-dollar-plus deficits the federal government has run for three straight years, the more than $13 trillion in federal debt, and the $61.9 trillion long-term shortfall the government faces (according to the analysis of the Peter G. Peterson Foundation) if the government is to pay all the benefits it has promised through entitlement programs.

“If you run the numbers, on all those numbers that you just talked about, which I think are accurate, very accurate, in 20 or 25 years, the United States goes bankrupt,” said Allison. “It’s a mathematical certainty.read more >>>>

Saturday, November 6, 2010

Will Fed 600 Billion Jumpstart the Economy?

Will Fed's 600 Billion Jumpstart Economy?

Robert Pollin: Nothing in Fed's new plan will make banks lend more money

Thursday, November 4, 2010

Quantitative Easing 2: US economy continues to sink (03Nov10)



The broke United States are pretending that printing more money will recover their economy - it won't. The money meant and banks will make the money, and the little people paying the taxes will be hung out to dry. The US economy is sinking to oblivion.

Congratulations to idiots like Gordon Brown and President Obama, who actually believe in their idol Keynes in how to ruin an economy.

What the money markets have done is give a loaded gun to sucker politicians, and said if you don't give us money, we'll pull the trigger and collapse the economy. The politicians give these crooks more money, and the economy continues to sink anyway. The politicians are in on the scam.

If people like Brown and Obama wonder why people do not support them, look at what the politicians have DELIBERATELY done to their economies.

Recorded from Newsnight, 03 November 2010.

Friday, October 29, 2010

Texe Marrs - Face to Face with The Devil



Texe Marrs has done extensive and exhaustive research to present to you an in depth view coupled with a plethora of information on statues from around the world and their religious significance, many people literally admire, adore and worship these grotesque figures as if they somehow emit some form of energy force empowering the individual. Since the dawn of man, men have worshiped stone figures and have gone as far as to sacrifice people on altars to stone gods in hopes they will be given empowerment and or enlightenment.

(Please, I implore you to support and donate to Power of Prophecy Ministries if you can afford it, so Texe Marrs can have the resources to continue to expose the Illuminati satanic crime syndicate, your contributions will be greatly appreciated.)

Side note: "I have no affiliation with Texe Marrs in any way, just a fan of his work."

"I wanted to upload this video in "HD" (1gb) but it would have taken 12 hours to download each individual video that I ripped, my CPU is slow."

Thursday, October 28, 2010

AP Survey: Economic Outlook Dim

AssociatedPress--October 28, 2010--A new AP Economy Survey suggests there's only modest improvement on tap for 2011.

Wednesday, October 27, 2010

Expert: QE2 Helps Bond Market

Dave Withrow of Fifth Third Asset Management on his outlook for the bond market and economy.

Tuesday, October 26, 2010

Baby Boomers in Piles of Debt

John Pottow, law professor at the University of Michigan, argues baby boomers' debt doubled due to credit cards.

The Pharma Industry: Pressure to Reduce Costs Suggests Collaboration


         


The past decade has not been the kindest from a business cycle perspective for several industries.  Globalization and the continual migration of growth centers around the planet have required corporations to be nimble footed, able to switch strategies and make mid-course corrections, not always an easy task when size hampers the process.  One case in point is the pharmaceuticals industry, where many large companies enjoyed value appreciation nearing 3-digit multiples from 1985 to 2000, but now are facing enormous pressure to modify their business models to be successful going forward.

Healthcare reform and the recession have slowed growth prospects appreciably.  Current forecasts for growth over the next five years are in the mid-single digit range as current products that account for nearly $142 billion in revenue for the industry will come off patent and be subjected to intense generic competition.  The introduction of new products is not expected to fill the gap, thereby causing revenue growth to stall.  Large companies, if they have not already done so, will have to resort to cost cutting and off-shoring activities to remain competitive.  By 2020, most industry pundits believe that industry-wide collaboration is the only viable course to pursue for continued growth and profitability.

Like many others, the pharmaceutical industry is also focusing on emerging markets for promising growth potential.  International talent will be necessary in all disciplines, not necessarily ones that have taken a forex course or practiced for hours on a forex demo account, but ones acquainted with developing complex distribution networks in foreign markets and coordinating testing protocols with local healthcare providers.  “BRIC”, an anagram for Brazil, Russia, India and China, will become enshrined in Big Pharma terminology.  China alone is expected to experience annual growth in the pharmaceutical sector in excess of 20% for years to come.  Growth from emerging markets will go a long way to offsetting losses from the “patent cliff” over the next five years.

Challenges over the next decade will center on the following issues:

·         Healthcare Reform:  More coverage equates to more prescriptions.
·         The Economy:  Cost cutting and M&A activity must be absorbed.
·         Pharmacy Reimbursements:  Local payment models need revision.
·         Research & Development:  Collaboration needed due to huge capital needs.
·         Regulation:  Carve-out legislation related to generic drugs may constrain.
·         Drug Safety:  Recent episodes demonstrate that test compromises exist.
·         Technology:  E-prescribing can eliminate time-consuming process aspects.

The Pharma industry has benefited by deploying a fully integrated business model that allowed it to act alone and profit very handsomely.  This model is being subjected to enormous pressure and must change in order to succeed in the years ahead.  If the industry is to truly improve its testing protocols, reduce overall costs, and serve consumers in emerging markets more effectively, it must learn to transition from only producing medicines to also managing outcomes.  Healthcare payers, providers and patients are demanding this expanded role.  Collaboration with other organizations offers a potential solution for the road ahead.

Monday, October 25, 2010

G-20: Diplomatic Defeat for U.S. Currency War Not Over

Oct. 25 (Bloomberg) -- Brendan Brown, chief economist at Mitsubishi UFJ Securities International Plc, talks about the Group of 20 meeting in Seoul and the outlook for Asian currencies and the dollar. He speaks with Maryam Nemazee on Bloomberg Television's "The Pulse."

Saturday, October 23, 2010

Currency Tensions at G-20 - Jim Rogers

Oct. 22 (Bloomberg) -- Sebastien Galy, a currency strategist at BNP Paribas SA in New York, talks about expectations for this weekend's meeting of the Group of 20 finance chiefs in Gyeongju, South Korea. As G-20 financial leaders begin talks today, China is deflecting foreign pressure to fast-track the yuan's gains after limiting them to about 2 percent against the dollar since a June vow to embrace more flexibility. Galy speaks from New York with Rishaad Salamat on Bloomberg Television's "First Up."


Friday, October 22, 2010

Is the U.S. Economy Doomed to Another Crash?

Dylan Ratigan—Oct. 21, 2010—Panel debates whether the economic crisis in Paris and London are a preview of what's to come for America.

Thursday, October 21, 2010

Full Spending Cuts Unveiled by U.K. Government

itnnews--October 20, 2010--George Osborne has laid out where the axe will fall to reduce the country's deficit.

Morgan Stanley CEO Vows No Job Cuts this Year

FBN's Charlie Gasparino on the bank's plans to not cut jobs despite a third-quarter loss.

Tuesday, October 19, 2010

Goldman Sachs Beats Estimates

FBN's Connell McShane breaks down the quarterly results for the bank.

Monday, October 18, 2010

Industrial Production Falls in September

FBN's Shibani Joshi breaks down the day's top stories.

Friday, October 15, 2010

50 States Investigating Foreclosure 'Robo-Signers'

Ohio Attorney General Richard Cordray debates the attorneys generals case into the validity of the foreclosure filings from around the country.

Wednesday, October 13, 2010

Wall Street immune to recession

Just two years after the global financial crisis that threatened to destroy the banking industry, Wall Street bonuses have hit a record high. According to The Wall Street Journal, employees at America's biggest banks are set to reward themselves with $144 billion in compensation and benefits this year. Karl Denninger of The Market Ticker believes that if you are a banker it seems you are immune to prosecution, originally under the Bush Administration and now under the Obama Administration.

Is the stock market rigged? Dylan Ratigan Show

Dylan Ratigan--October 11, 2010—Sen. Ted Kaufman talks about why new government rules are necessary for high frequency trading.

Tuesday, October 12, 2010

Mike Norman and Gasparino vs Roubini

Mike Norman who was famous for continually bashing Peter Schiff has now found another target in the other doctor Doom Nouriel Roubini

How Wall Street Shafted Main Street

CNN --October 11, 2010--Josh Rosner, who heads the research firm Graham Fisher, presents new proof that banks knew they were selling bad loans.

Monday, October 11, 2010

Banks Need to Unleash Money, Not Freeze Foreclosures says Mike Reagan

The Reagan Group Chairman Mike Reagan argues a freeze on foreclosures will not help the housing market

Saturday, October 9, 2010

Financial Collapse Jim Willie 10-7-2010

Jim Willie interview with Miningstiocktalk.com 10-7-2010

Friday, October 8, 2010

Goldman predicts economy failing

Goldman Sachs says the US economy is going to be "fairly bad" with little growth or "very bad" going into recession. It's what a lot of people in the financial community have been saying for the last 6 months, so why are their comments making such a splash in the media, and what motives do they have in saying this now?

Mark Mobius : Deep correction quite possible before year-end

Global markets have been okay for the last few sessions but as we head towards the next expected round of quantitative easing there is a lot of debate building up on the West on what the quantum will beM-^Wwhether the size will be enough and whether it's desirable and will have the desired effect in the first place.

Thursday, October 7, 2010

Unemployment to Rise?

A look ahead of tomorrow's jobs report.



Thursday, September 30, 2010

Eurozone Crisis is Building: Spain downgraded; Irish bank needs bailout

Sept. 30 (Bloomberg) -- George Magnus, senior economic advisor at UBS AG, discusses Europe's sovereign debt crisis. Spain's top credit rating was cut one level today by Moody's Investors Service to Aa1 from Aaa with a stable outlook. Magnus speaks with Deirdre Bolton on Bloomberg Television's "InsideTrack."

Wednesday, September 29, 2010

Europe hit by anti-austerity protests

Tens of thousands of protesters have been voicing their anger against spending cuts by some EU governments. .

Rob McEwen : Gold Will Reach $5,000 Per Ounce

Gold Chairman Rob McEwen discusses why the precious metal is poised to take off during the next few years.

Tuesday, September 28, 2010

Impact of Tax Cuts, Hikes on Markets

Efficient Capital Management's Larry Shover on how the markets will react if tax cuts are extended.

Monday, September 27, 2010

Government Looks to Wiretap All Communication

FBN's Shibani Joshi on law enforcement officials pushing new rules to make it easier to listen into private conversations

Saturday, September 25, 2010

Debt Meets Inflation

Guest: Garth Turner.

Friday, September 24, 2010

Timelines and Forecasts - Coast to Coast AM



Host: George Noory

Guests: Paul Guercio, Glynis McCants


Futurist Paul Guercio discussed predictions and timelines derived from the Merlin Project, a software-based forecasting technology, he developed with Dr. George Hart. The program is based on the idea that there are repeated pattern changes that occur in 7-year cycles within a person's life, he explained. Interestingly, "timetraks" (Merlin's timelines) depict changes even after people die, such as in the case of Michael Jackson, who shows peaks in 2013, which might reflect a boost in music sales during that year, he noted.

He discussed the timetrak (PDF file) for Tiger Woods, who shows a huge spike over a four year period between 2010 and 2014, which possibly indicates some type of extreme behavior, such as quitting golf. Hillary Clinton's timetrak spikes in 2012, and Guercio suggested she may take Biden's place as the VP, to set herself up for a presidential run in 2016. He foresees Obama being elected to a second term, and it being comparatively uneventful to his first four years in office.

Guercio highlighted some of the points in his 25 page report How the Future Happens (a free read on his website). For instance, the date that is exactly opposite your birthday-- six months later on the calendar, this is a higher time of vulnerability, and "in certain years, you're going to find more of the big stuff happens around those dates," he said.

Numerology Update
First hour guest, numerologist Glynis McCants talked about the numbers of Pres. Obama, and shared insights about politics, and celebrities like Lady Gaga. She believes her prediction that August was going to be a difficult time for Obama turned out to be quite accurate, as he was dogged by controversies, and economic problems during that month.

Website(s):
-projectmerlin.com
-numberslady.com
Book(s):
-Love by the Numbers
-Glynis Has Your Number
TEXE MARRS BLOG

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