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	<title>SeriousBull</title>
	<link>http://seriousbull.com</link>
	<description>Insight into Politics, the Economy &#38; the Markets</description>
	<lastBuildDate>Wed, 28 Jul 2010 11:56:45 +0000</lastBuildDate>
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		<title>Banks win another round of lobbying</title>
		<description><![CDATA[The financial markets, to borrow a term from Fed Chairman Bernanke about the economy, are &#8220;unusually uncertain.&#8221; Yet on balance the greater volatility is not a category 5 event to worry about. That&#8217;s because global regulators are at the helm. They have too much invested in bailouts to let things go to hell now. As [...]]]></description>
		<link>http://seriousbull.com/?p=368</link>
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		<title>Reform to say we did something&#8230;</title>
		<description><![CDATA[The House and Senate versions of the financial reform legislation is in the reconciliation process to merge the two bills into one. The Fed and their lobbyists have already won no matter what the final version becomes. The single onerous provision remaining is for the GAO to audit the Fed&#8217;s monetary policy decisions, but since [...]]]></description>
		<link>http://seriousbull.com/?p=364</link>
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		<title>Don&#8217;t listen to most market pundits&#8230;</title>
		<description><![CDATA[The US economy is not on the precipice as pundits would have you believe by listening to their prognostications and comparisons of the Greece and the EU to the US. Yes there are similarities in government spending gone wild but the US has a dynamic economy unlike Greece and is taking pro-active action unlike the [...]]]></description>
		<link>http://seriousbull.com/?p=362</link>
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		<title>Now&#8217;s there&#8217;s Proof</title>
		<description><![CDATA[It is well known that Congress is paid by lobbyist to change bills proposed that have adverse consequences to business. Both Senator Christopher Dodd, Chairman of the Senate Banking Committee his counterpart Barney Frank in the House have adamantly claimed that these contributions never change their votes. SB has previously opined on the truthfulness of [...]]]></description>
		<link>http://seriousbull.com/?p=360</link>
			</item>
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		<title>Market Turmoil is Buying Opportunity</title>
		<description><![CDATA[Markets around the world are unsettled and the blame is being cast on the probable spread of the financial crisis in Greece to other nations including Portugal and Spain. Meanwhile election in the UK are adding to the uncertainty. The US dollar is the benefactor and US stocks are declining in lockstep&#8211;they have runup on [...]]]></description>
		<link>http://seriousbull.com/?p=356</link>
			</item>
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		<title>Deficit panel wants both cuts and taxes&#8230;</title>
		<description><![CDATA[President Obama&#8217;s independent commission set up to study what must be done to pair the US&#8217;s scary deficit situation has just announced that both taxes to raise revenue and cuts in spending are required and that everything must be on the table. Co-Chairman (R) Alan Simpson is quoted by Reuters as saying: &#8220;hell we could [...]]]></description>
		<link>http://seriousbull.com/?p=353</link>
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		<title>Financial Reform or Feel Good Reform?</title>
		<description><![CDATA[Senator Dodd is pushing his financial reform bill caving-in to the Fed&#8217;s request to be the super-regulator and ignoring the Fannie Mae, Freddie Mac quagmire. No doubt staying away from decisions on the GSE&#8217;s is related to debt acknowledgement on the US&#8217;s balance sheet but how in the world does anyone think serious reform of [...]]]></description>
		<link>http://seriousbull.com/?p=351</link>
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		<title>Goldman&#8230;typically a pattern of deceit</title>
		<description><![CDATA[The US Securiites &#038; Exchange Commission (SEC) filed civil fraud charges against Goldman Sachs yesterday. According to the charges, Goldman deceived investors by representing both sides of a rigged deal and mislead the buyer that mortgages selected to be included in to a derivatives contract were made by an independent third-party. Instead Goldman let the [...]]]></description>
		<link>http://seriousbull.com/?p=342</link>
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		<title>Protectionism is an omen of where we&#8217;re going&#8230;</title>
		<description><![CDATA[AP News has just reported that the American Chamber of Commerce in China has issued a report that US companies are finding it more difficult to do business in China, particularly in certain domestic sectors. It seems that we had better be careful what we wish for and realize actions have consequences. The US has [...]]]></description>
		<link>http://seriousbull.com/?p=340</link>
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		<title>Fed Looses Court bid to keep its lending private</title>
		<description><![CDATA[The verdict is in on the appeal of Bloomberg News Freedom of Information Act request for Federal Reserve documents related to bailing out of the banks and justice has prevailed.  The Fed must finally disclose the amounts lent, and to whom. Soon the American tax payer will know which  banks would have failed [...]]]></description>
		<link>http://seriousbull.com/?p=338</link>
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