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Jon Stewart has noticed that Fox News is selling viewers on the view that ‘socialists’ like Warren Buffet and Barack Obama are engaged in class warfare. He presents an amusing view; take a look.

On Monday, Warren Buffett wrote a widely-discussed New York Times opinion piece, “Stop Coddling the Super-Rich” about taxes in America. I think his subsequent appearance on the Charlie Rose show was really good at explaining his views and…

Ron Paul’s campaign put out the video below. Move over, Barack Obama; now Ron Paul is “the one”.Meanwhile the Paul campaign believes the media, including Fox News, is shutting it out in favour of other lesser candidates. Jon Stewart has a…

The European Central Bank is now deciding how much liquidity to provide because it has received a quid pro quo from Italy that some analysts knew were necessary before the ECB would provide any liquidity. We will see soon whether this will…

The widening European sovereign debt crisis is a direct result of this dangerous extend and pretend policy. Tomorrow we will see whether the ECB has the temerity to step in and start buying up Belgian, Italian and Spanish debt to stem the…

Is the PBoC going to stop buying US treasuries? The debt ceiling debate and a potential default have brought this question back into the spotlight. The theoretical and the real world answer to concerns about China and US debt is the same:…

Here’s a good morning video for you. Raise the debt ceiling already.

CMA sources credit prices directly from the world’s largest and most active credit investors. Data from CMA show that the US leads the list amongst sovereign credit default swap wideners today.

"Bloomberg Risk Takers" profiles Michael Burry, the former hedge-fund manager who predicted the housing market’s plunge, in video.

I like how Summers’ prefaces it, noting his own notoriety for having a lot of swagger and then saying “Rarely, have I encountered such swagger, and I tried to respond in kind.”