News & Views For Week Of April 7 - 13, 2013

Note: I will be adding the freshest news and opinion pieces to the top of this list, refreshing it daily, sometimes at night, somtimes (shudder) during daylight hours. - Rock

• PC Company Stocks Hammered On Thursday
• Front Running The Fed With TBTF Insider Trades
• Australia: Hits 3 Year High In Unemployment
• Takata Air Bag Recall Affects 3.4 Million Late Model Honda, Nissan & Toyota Cars
• Charles Hugh-Smith explains, with charts, which European small depositors will be shaken down next
• Goldman Sachs Takes The Opposite Trade Of What It Is Selling It's Clients (Muppets)  . . . Again: Buys Gold, Sells Bonds, Tells Clients To Do The Opposite
• First Solar (Nasdaq: FSLR) Blows Away Analyst's Expectations, Sees Very Bright 2013 through 2015, causing stock to jump 31.28% yesterday
• 4.2 Million Borrowers To Receiving Payments This Friday of $300 to $125,000 From 13 Firms Who Botched Foreclosures
• Student Loan Rates Boost Government Profit As Debt Damps Economy 
• Kyle Bass takes way out of the money bets against Japanese Government Bonds: "The investors ran the other way from the central bank, they didn’t run with it. I find that to be fascinating.”
• Natural Gas Reserve Estimates Upped Again For The USA
• The Big Picture: Ugly Chart Contest
• Matt Taibbi: The Growing Sentiment on the Hill For Ending 'Too Big To Fail'
• Auto sales for March highest since 2007

How To Stop Corporate Welfare For Too Big To Fail Banks - Nouriel Roubini Says Use Hammurabi's Code

Did Fannie Mae, Owned By US Taxpayers, Just Bailout Bank Of America This Month?

Bank of America was supposed to have put up some 400,000 loans for sale to private banks recently. Those loans allowed Bank of America to collect $73 Million in service fees.

But before the sale went through, Fannie Mae bought the loans for what appears to be $500,000,000 (half-billion dollars).

Which leads one to ask, "Why didn't Bank of America go through with the originally planned sale?

And why did the US Taxpayer bailout Bank of America without any noise about it in the Mainstream Media?"

Lastly, if this is indeed correct, why would Fannie Mae overpay by 7 times $500,000,000 for a potential service fee profit of only $73 Million? Was this just another shady bailout of a Too Big To Fail Bank?

40,000 jobs to be cut in first round of Bank of America layoffs?

Vegas, Baby! Too Many Rooms, Not Enough People

20 Quotes From European Leaders That Prove That They Know That The Financial System In Europe Is Doomed

Real Estate In The USA: From Darkness To The Abyss

Here’s why Longshore workers are so angry

Rick Perry's Flaming Hypocrisy: Cuts His State's Firefighting Funds By 75%, Calls Obama For Federal Help Before The Debate, And During Debate Calls Obama "An Abject Liar"

Looks Like A Long, Cold, Hard Winter For Housing Prices

President Obama Proposes $447 Billion Jobs Plan

Labor Department Investigates Homebuilders For Not Paying Minimum Wage And Overtime

Greece Bonds Now Yielding 82% Tell You A Default Is Most Likely

Greek Slackers May Cause The Eurozone To Force Them Out The Door

We Had To Save The Banks To Sue Them

Max Keiser On Financial Terrorism, Marks On The Heads Of Bankster CEOs, Financial Rape Of Sovereign Countries + Bonus Video

Max Keiser lets loose with both barrels on RT TV, claiming Libyan forces have put a mark on Llyod Blankfein's head. Keiser has been in Europe doing interviews on radio and tv to raise awareness of Europeans to the "financial terrorism" (his words)visited upon their countries by Too Big Too Fail Western Banks.

To understand why Libya is upset with Goldman Sachs and other Western Too Big To Fail Banks, see the second "bonus" video explaining how Western Banks "invested" billions of Quaddafi's money to plug "holes" in their books.




Bonus video from a few weeks ago explaining why Western Banks aren't going to pay back Col. Quaddafi: