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	<title>The Wall Street Examiner &#187; Wall Street Examiner Newswires</title>
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		<title>Employment Data Saga Continued: Krasting Says Larry Summers Misstates; Stockman Says It Goes Deeper</title>
		<link>http://wallstreetexaminer.com/2012/02/05/employment-data-saga-continued-krasting-says-larry-summers-misstates-stockman-says-it-goes-deeper/</link>
		<comments>http://wallstreetexaminer.com/2012/02/05/employment-data-saga-continued-krasting-says-larry-summers-misstates-stockman-says-it-goes-deeper/#comments</comments>
		<pubDate>Sun, 05 Feb 2012 20:29:00 +0000</pubDate>
		<dc:creator>Wall Street Examiner Newswires</dc:creator>
				<category><![CDATA[Bruce Krasting]]></category>
		<category><![CDATA[Contributors- Economic and Financial]]></category>
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		<category><![CDATA[David Stockman]]></category>
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		<category><![CDATA[Employment Data]]></category>
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		<description><![CDATA[The Labor Force Participation Rate (LFPR) is a key economic statistic today. Changes in the LFPR are shaping the direction of the capital markets, federal economic policy, monetary policy and, most importantly, politics.

The LFPR hit a new record low ...]]></description>
		<wfw:commentRss>http://wallstreetexaminer.com/2012/02/05/employment-data-saga-continued-krasting-says-larry-summers-misstates-stockman-says-it-goes-deeper/feed/</wfw:commentRss>
		<slash:comments>5</slash:comments>
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		<title>What Europe Needs To Do</title>
		<link>http://wallstreetexaminer.com/2011/10/29/what-europe-needs-to-do/</link>
		<comments>http://wallstreetexaminer.com/2011/10/29/what-europe-needs-to-do/#comments</comments>
		<pubDate>Sat, 29 Oct 2011 13:00:12 +0000</pubDate>
		<dc:creator>Wall Street Examiner Newswires</dc:creator>
				<category><![CDATA[Best of Capitalstool.com]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[California Entrepreneur]]></category>
		<category><![CDATA[Colonial Power]]></category>
		<category><![CDATA[Currency Union]]></category>
		<category><![CDATA[European Economic Integration]]></category>
		<category><![CDATA[European Experience]]></category>
		<category><![CDATA[European Social Model]]></category>
		<category><![CDATA[Fiscal Discipline]]></category>
		<category><![CDATA[France Currency]]></category>
		<category><![CDATA[Industrial Powerhouse]]></category>
		<category><![CDATA[Job Security]]></category>
		<category><![CDATA[Money Printing]]></category>
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		<category><![CDATA[Productivity Advantages]]></category>
		<category><![CDATA[Stool Pigeons]]></category>
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		<category><![CDATA[Turkish Population]]></category>
		<category><![CDATA[War Work]]></category>
		<category><![CDATA[Welfare State]]></category>
		<category><![CDATA[West Germany]]></category>
		<category><![CDATA[Working In Italy]]></category>

		<guid isPermaLink="false">http://wallstreetexaminer.com/?p=59815</guid>
		<description><![CDATA[This is a Best of Capitalstool.com repost from the Stool Pigeons Wire by Lugnut, a successful California entrepreneur with European experience. Part of the problem facing European economic integration is that the European social model is expensive and you had different economic &#8220;cultures&#8221; that funded it prior to integration. Europeans do not spend as much on defense as the US, and they also benefit from some productivity advantages stemming from urban concentration / transportation / oil consumption. But they have a social model that generally provides more services, benefits, job security (once one has a job), and whatnot than the US. Before currency union, each country in the common market had their own mechanisms for funding those benefits. For countries like Italy, money printing was always available (and a cup of espresso cost a couple thousand Lira). In France, currency manipulation was an option but rigging / taxing trade flows was an even better one (a vestige of colonial power and diplomacy). Industrial powerhouse West Germany simply created wealth the old fashioned way. Prior to currency integration you had diverse economic &#8220;cultures&#8221; whereby these economies delivered social benefits. But these countries also had demographic advantages that have disappeared. Retirees in [...]]]></description>
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		<slash:comments>2</slash:comments>
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		<title>Catastrophic Thailand Floods Are Grounding Tech Industry Worldwide</title>
		<link>http://wallstreetexaminer.com/2011/10/22/catastrophic-thailand-floods-are-grounding-tech-industry-worldwide/</link>
		<comments>http://wallstreetexaminer.com/2011/10/22/catastrophic-thailand-floods-are-grounding-tech-industry-worldwide/#comments</comments>
		<pubDate>Sat, 22 Oct 2011 16:31:10 +0000</pubDate>
		<dc:creator>Wall Street Examiner Newswires</dc:creator>
				<category><![CDATA[Best of Capitalstool.com]]></category>
		<category><![CDATA[Economics]]></category>
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		<category><![CDATA[Break Ground]]></category>
		<category><![CDATA[Flooding In Thailand]]></category>
		<category><![CDATA[Global Capacity]]></category>
		<category><![CDATA[Massive Flooding]]></category>
		<category><![CDATA[Nidec]]></category>
		<category><![CDATA[Paying Attention]]></category>
		<category><![CDATA[Platters]]></category>
		<category><![CDATA[Pure Volume]]></category>
		<category><![CDATA[Repost]]></category>
		<category><![CDATA[Sandy Beach]]></category>
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		<category><![CDATA[Silicon Valley]]></category>
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		<category><![CDATA[System Integrators]]></category>
		<category><![CDATA[Technical Traders]]></category>
		<category><![CDATA[Technicals]]></category>
		<category><![CDATA[Thailand Floods]]></category>
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		<category><![CDATA[Western Digital]]></category>

		<guid isPermaLink="false">http://wallstreetexaminer.com/?p=59183</guid>
		<description><![CDATA[This is a repost of a post from Capitalstool.com by Sandy Beach. I know most of the members of this board are active technical traders and not exactly followers of fundamentals and long term value investing. I tend to trade based on technicals as well. But I have to concede even I am shocked at how little fundamentals have played a role in recent days in the stock prices of the tech industry. If you haven’t been paying attention there is massive flooding in Thailand, a major manufacturing hub for the high tech industry. Factories have been completely destroyed with no possibility of rescue. In other words we’re looking at a situation where they will need to start over from scratch, break ground at new locations and buy all new equipment. Western Digital (WDC)’s factories have been completely destroyed in Thailand taking out between 60 – 70% of its global capacity. They now claim that it will take them six to nine months to recover production. That means April or maybe July of next year!!! What&#8217;s worse is small component manufactures also got wiped out. Nidec for example makes motors that spin the platters for nearly all the disks made. [...]]]></description>
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		<item>
		<title>10 million traders,one exit&#8230;..</title>
		<link>http://forums.wallstreetexaminer.com/topic/967888-10-million-tradersone-exit/</link>
		<comments>http://forums.wallstreetexaminer.com/topic/967888-10-million-tradersone-exit/#comments</comments>
		<pubDate>Wed, 08 Jun 2011 20:02:41 +0000</pubDate>
		<dc:creator>Wall Street Examiner Newswires</dc:creator>
				<category><![CDATA[Best of Capitalstool.com]]></category>
		<category><![CDATA[10 Million]]></category>
		<category><![CDATA[Bear]]></category>
		<category><![CDATA[Bear Markets]]></category>
		<category><![CDATA[Bears Chat]]></category>
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		<category><![CDATA[Exit]]></category>

		<guid isPermaLink="false">http://forums.wallstreetexaminer.com/topic/967888-10-million-tradersone-exit/</guid>
		<description><![CDATA[Party is coming to an end

View the full article]]></description>
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		<title>Debt Limit Gamesmanship</title>
		<link>http://wallstreetexaminer.com/2011/06/02/debt-limit-gamesmanship/</link>
		<comments>http://wallstreetexaminer.com/2011/06/02/debt-limit-gamesmanship/#comments</comments>
		<pubDate>Thu, 02 Jun 2011 13:26:28 +0000</pubDate>
		<dc:creator>Wall Street Examiner Newswires</dc:creator>
				<category><![CDATA[Best of Capitalstool.com]]></category>
		<category><![CDATA[Today's Markets]]></category>
		<category><![CDATA[Appropriations]]></category>
		<category><![CDATA[Bike Paths]]></category>
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		<category><![CDATA[Congressional Leaders]]></category>
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		<guid isPermaLink="false">http://wallstreetexaminer.com/?p=51109</guid>
		<description><![CDATA[by Jorma (Capitalstool.com) The debt limit has to be raised because the GDP economy cannot have a + sign if the approximate $1.5 trillion that would not be spent over the next 12 months funded by Treasury borrowing isn&#8217;t borrowed and spent. Virtually all the political talk about this is dishonest or ignorant. It&#8217;s all over the inside the Beltway observer world today that the GOP congressional leaders have been promising The Street that last nights vote was just pretend. They want concessions, about future spending. Some grand bargain about Medicare, Medicaid and maybe even SS, in the future, that they can crow about. As in &#8216;we are saving $6 trillion dollars&#8217;, the fine print being by 2020. With nothing of substance in those areas taking place before 2013. Then the limit will be raised and they will go back to removing grains of sand from the beach by trying to stop some bike paths and defunding the SEC some more. In March the GOP House passed the appropriations which required the borrowing for the rest of FY11 they are now denying. Which is some combination of dishonesty and schizophrenia. It took them 3 months to do that in order [...]]]></description>
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		<title>I’m Sad</title>
		<link>http://wallstreetexaminer.com/2010/11/04/im-sad/</link>
		<comments>http://wallstreetexaminer.com/2010/11/04/im-sad/#comments</comments>
		<pubDate>Thu, 04 Nov 2010 19:15:12 +0000</pubDate>
		<dc:creator>Wall Street Examiner Newswires</dc:creator>
				<category><![CDATA[Best of Capitalstool.com]]></category>
		<category><![CDATA[Today's Markets]]></category>

		<guid isPermaLink="false">http://wallstreetexaminer.com/?p=17012</guid>
		<description><![CDATA[By Jimi (Stool Pigeons Wire) I long ago set aside four-months&#8217; expenses worth of gold &#038; silver bullion in a home safe. Despite rising expenses, it now covers nine months. I just checked something else. Our taxable brokerage account has long been overweight miners, accumulated back between 2002 &#038; 2004, which I&#8217;ve never traded. They&#8217;re strongly contributing today to gains worth 3 months&#8217; expenses. My family&#8217;s secure. I should be happy. But I&#8217;m not. I get an email from a friend upside down in his house asking whether QE2 is likely to generate inflation and be good for him and others like him. I answer, &#8220;Maybe,&#8221; but am sad that he doesn&#8217;t pause to think about the consequences of inflation for others, like his retired parents living on a nest egg. Or the country. The Fed promises 8 more months of all-recess and no spinach. It patches over the short term one more time. The Quarterly Report mentality infects everything. Too few save, too few sacrifice, and everyone anticipates sticking someone else with the bill. I used to get mad. Now, I&#8217;m just sad.]]></description>
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		<title>It’s Just Too Gross</title>
		<link>http://wallstreetexaminer.com/2010/10/28/its-just-too-gross/</link>
		<comments>http://wallstreetexaminer.com/2010/10/28/its-just-too-gross/#comments</comments>
		<pubDate>Thu, 28 Oct 2010 13:15:38 +0000</pubDate>
		<dc:creator>Wall Street Examiner Newswires</dc:creator>
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		<guid isPermaLink="false">http://wallstreetexaminer.com/?p=16073</guid>
		<description><![CDATA[by LimeJuice2 I have a hard time reading Bill Gross anymore, or anyone talking about the US financial system/economy as if it&#8217;s a one country closed system rather than a global one. The US economy is moribund because there is no job creation. In fact, using taxpayer dollars to foment, and now trying to reflate, the housing bubble made the exodus of jobs happen even faster as it magnified the cost of living disparity between US and China/India/etc. There is no shortage of liquidity for businesses at all. It&#8217;s just that all the liquidity is flowing out of US into other countries where they have job growth, higher interest rates, and more predictable fiscal policies, etc. GM took the US taxpayer bailout and then turned around and invested in auto plants in China. I just got back from India a couple weeks ago, and it&#8217;s incredible the growth that has occurred there in the past 5 years since I was last there. I haven&#8217;t been to China, but from what I&#8217;ve read it is the same. Ditto for Brazil, and all these other developing countries. For the multinational corporations, this continues to be a golden era with globalization and developing [...]]]></description>
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		<title>Our Grandkids Will Live in a Better World</title>
		<link>http://wallstreetexaminer.com/2010/08/28/our-grandkids-will-live-in-a-better-world/</link>
		<comments>http://wallstreetexaminer.com/2010/08/28/our-grandkids-will-live-in-a-better-world/#comments</comments>
		<pubDate>Sun, 29 Aug 2010 00:50:34 +0000</pubDate>
		<dc:creator>Wall Street Examiner Newswires</dc:creator>
				<category><![CDATA[Best of Capitalstool.com]]></category>

		<guid isPermaLink="false">http://wallstreetexaminer.com/?p=11030</guid>
		<description><![CDATA[&#8220;I believe everyone&#8217;s grandkids will live in a better world, although the immediate path to progress remains discomforting.&#8221; &#8211; Stoolie Jimi, The Stool Pigeons Wire. My wife and I welcomed our fifth grandchild, a beautiful little girl, into the world on Thursday. I mentioned this on our Capitalstool.com message board, which brought the usual congratulatory responses, but this one was a more thoughtful discourse from long time stoolie Jimi, who has a way with coming up with deeper insights on a regular basis. I&#8217;d like to share his thoughts with you and solicit your responses in the comments section. &#8220;I believe everyone&#8217;s grandkids will live in a better world, although the immediate path to progress remains discomforting. A massive imbalance was formed. Precisely when it formed is open to debate. I&#8217;d say that the imbalance was inaugurated on August 15, 1971, when Nixon closed the gold window. He was forced to that point by the guns &#038; butter excesses of Vietnam and the Great Society. There was always the alternate choice of scaling back federal expenditures, restoring fiscal balance, and maintaining convertibility. Instead, the U.S. opted for free lunch fiction. The floating exchange rate period enjoyed a demographic bubble as [...]]]></description>
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		<title>Why Is Vomiting Bad? by Paul Chugman</title>
		<link>http://wallstreetexaminer.com/2010/08/03/why-is-vomiting-bad-by-paul-chugman/</link>
		<comments>http://wallstreetexaminer.com/2010/08/03/why-is-vomiting-bad-by-paul-chugman/#comments</comments>
		<pubDate>Tue, 03 Aug 2010 18:21:12 +0000</pubDate>
		<dc:creator>Wall Street Examiner Newswires</dc:creator>
				<category><![CDATA[Best of the Forums]]></category>
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		<guid isPermaLink="false">http://wallstreetexaminer.com/?p=10708</guid>
		<description><![CDATA[Why Is Vomiting Bad? By Paul Chugman in response to this NY Times piece. A number of readers have asked me to explain why vomiting is a bad thing; and the truth is that while I’ve alluded to the issue a number of times, I’m not sure if I’ve ever laid out the whole case. So here goes. There are actually many different reasons to worry about vomiting. So first of all: when people expect to vomit, they become less willing to consume more beer or eat more chips and dip and, in particular, less willing to to be social at parties. After all, once the hurl starts, sitting in the bathroom with your arms around the porcelin bus becomes your only productive activity, and anyone considering eating and drinking, even for a socially important event, has to take account of the fact that more beer will simply lead to more vomiting. If the party is rocking, all this can be offset by just keeping a bucket next to you; but if many succumb to the urge to vomit, even a Walmart full of buckets will not be enough to keep the place rocking. And when that happens, the party [...]]]></description>
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		<title>Greek Tragedy</title>
		<link>http://wallstreetexaminer.com/2010/02/11/greek-tragedy/</link>
		<comments>http://wallstreetexaminer.com/2010/02/11/greek-tragedy/#comments</comments>
		<pubDate>Fri, 12 Feb 2010 00:10:03 +0000</pubDate>
		<dc:creator>Wall Street Examiner Newswires</dc:creator>
				<category><![CDATA[Best of Capitalstool.com]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[Today's Markets]]></category>

		<guid isPermaLink="false">http://wallstreetexaminer.com/?p=8716</guid>
		<description><![CDATA[by Jimi Total eurodebacle is in the offing. It&#8217;s going to get very hot in Athens before long. What struck me about the reporting on Greece today was that senior officials from Core-Europe said that Greece had not asked for financial assistance. They wanted to make clear that everyone heard the message &#8211; like here &#38; here &#38; here: QUOTE [European Council President] Mr. Van Rompuy told journalists earlier Thursday, on the sidelines of the EU summit. &#8220;Greece did not ask for any financial support,&#8221; he added. QUOTE European Comission President Jose-Manuel Barroso, who also participated in the summit, said EU leaders didn&#8217;t discuss a financial rescue for Greece because the country hasn&#8217;t asked for help. QUOTE Asked to give details of any bailout plan, Mr. Juncker said; &#8220;I don&#8217;t want to speculate on something the Greeks tell us is not necessary,&#8221; adding that speculation Greece could exit the 16 country bloc was &#8220;absurd.&#8221; Source Before today, we were engaged in a game of chicken between a Greece that is in a lot of financial trouble, and a Europe caught between bad precedent &#38; sovereign contagion. After today&#8230; we&#8217;re in the same place. Time-honored expressions of &#8220;political will&#8221; and &#8220;European [...]]]></description>
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