McCAin: “If I were President today I would fire him”; Analysis by Doug-Holtz, McCain Senior Adviser

McCAin: “If I were President today I would fire him”; Analysis by Doug-Holtz, McCain Senior Adviser

For more Wall Street: Money Never Sleeps reviews, interviews, showtimes, clips, and trailers go to: www.reelz.com Connect with other movie fans: www.facebook.com Be sure to follow us on Twitter: twitter.com Fans review Wall Street: Money Never Sleeps starring Michael Douglas, Shia LaBeouf, and Josh Brolin

Social Experiment featuring the people and tourists of Wall Street in New York City. We tried to make business men / women and tourists smile and be happy in a mundane and boring area.

Watch this little trailer I made from my videos dated on the first week of August 2009. Complete video in full length posted on my blog henryliuforex.com, this is just a quickie

A day after the US House of Representatives rejected a 0 billion financial bailout plan, stock markets around the world held up. The New York Stock Exchange recovered much of its Monday losses, as the US president and both candidates for the office urged action to avoid economic collapse. One new idea the candidates endorsed: raising the limit on bank deposits the government insures. And late Tuesday [September 30th], the US Senate cleared the way for action on a financial rescue, possibly as early as Wednesday. VOA’s Jim Fry looks at a day of fast-paced developments, from Asia to Europe to Washington.

Bloomberg reports that the dollar fluctuated against its major currency counterparts following the US payrolls report that added fewer jobs than economists had forecast. The euro hit a three-month low against the greenback as Belgian and Irish credit-default swaps reached a record while the cost of insuring Portugal and Italy’s debt rose. The dollar dropped 0.4% to 83.04 yen this morning from 83.33 yen yesterday. It advanced 0.3%, however, to .2968 per euro, from .3003. It saw its strongest level on September 14, 2010, when it was .2936 per euro. According to JPMorgan Chase analysts, the dollar will fall about 12% to .48 per euro and drop 7% to 78 yen by the end of 2011 if the Fed keeps interest rates close to zero and the fiscal deficit remains near a record high.

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10/18/2010 – www.RonPaul.com Inflation fears are heating up this week as Fed Chairman Ben Bernanke gave a speech in Boston on Friday, causing further frantic flight into gold by those fearful of the coming “quantitative easing” the Fed is set to deliver in November. Others who view gold as a short term investment engaged in immediate profit-taking after Bernanke’s speech. Gold is more correctly viewed as insurance against bad monetary policy decisions that erode the value of savings. Those bad decisions keep coming at an ever faster clip these days and we hear more and more talk of currency wars especially between the dollar, the Chinese yuan, the Japanese yen, the Australian dollar, and the Euro. As the economies of the world continue to stagnate or contract, monetary policy decisions become more relevant to people who once thought this topic arcane. We have several examples this week of major fumbles on the part of the US Central Bank · The Federal Reserve continues to insist that inflation is too low, even while the monetary base remains at record levels, and food and gas prices continue to climb. · As the Fed continues to drive down the value of the dollar, the government accuses China of deliberately devaluing its currency, and the House has passed legislation aimed at punishing China for this alleged devaluation. · Low returns on US bonds are driving investors into higher-performing foreign bonds. Some of these countries are responding by reinstituting capital …

Cenk Uygur (host of The Young Turks) filling in for Chris Jansing on MSNBC Live talks to William Cohan about how a flawed incentive structure allows Wall Street bankers to screw the economy.