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ping

http://online.wsj.com/article/SB10001424052748704162104574630360393559766.html

some other articles you should read today

Some Fed Officials Conflicted on Mortgage program

http://www.dailyfinance.com/article/some-fed-officials-conflicted-on/652846

Kucinich: No Cap for Fannie, Freddie is Backdoor Bailout

http://moneynews.com/StreetTalk/geithner-tarp-bailout-housing/2010/01/06/id/345536

Why cable is going to cost you more

http://money.cnn.com/2010/01/06/news/companies/cable_bill_cost_increase/index.htm

Trimtabs CEO Biderman: Plunge Protection Team Exists; Has Been Propping Up Stocks

http://www.marketwatch.com/story/tim...ory-2010-01-05

Food Prices to Jump 6%

http://www.gosanangelo.com/news/2010...ump-6-percent/

Retail and Tax numbers don’t jibe
Just from a 30,000 ft level....this doesn’t seem to make sense.

There are reports that overall retail sales for this Christmas were up about 2.5 percent over last year...still pretty crappy considering last year was apocalyptic.

Now, as far as taxes on all of those “things” go, the biggest group of sales that do not typically get taxed are those items sold online to people from out of state. Correct? Well, one measure guestimates the online retail as having improved 3.6 percent over last year.

http://www.miamiherald.com/101/story/1400528.html

So, when we see that overall taxation reciepts in the months of November and December are DOWN by 7.7% there is something goofy in the numbers, right?

http://wallstreetexaminer.com/2010/0...ional-edition/

Robert Rubin: All Hell Could Break Loose Because of the Huge Government Debt