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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Chispas who wrote (43890)	1/5/2006 10:18:34 AM
From: Chispas	Respond to of 116555

"Microsoft Customers are in Big Trouble" - theregister.com

To: Chispas who wrote (43890)	1/5/2006 3:32:10 PM
From: mishedlo	Respond to of 116555

cost of the war in Iraq tpmcafe.com

To: Chispas who wrote (43890)	1/5/2006 4:20:58 PM
From: mishedlo	Read Replies (1) \| Respond to of 116555

S.U.V. sales fell to their lowest level since 1998. And big expensive S.U.V.'s that once commanded a premium, like the Lincoln Navigator, Cadillac Escalade and Toyota Land Cruiser, all posted double-digit sales declines in 2005. "Cheap fuel in America is a thing of the past," said James Press, president for sales operations for Toyota in the United States. "There's a lot more awareness of the impact of a gallon of gasoline." Ron Pinelli, the president of Autodata, an industry analysis firm in Woodcliff Lake, N.J., said, "I don't know if 2005 is the turning point for trucks, but it's some kind of milestone." While no one is about to write off the S.U.V., analysts say the appeal has finally waned. "Not unless the consumer really needs one are they going to buy one," Mr. Pinelli said. The decline in S.U.V. sales last year was bad news for Detroit. Together, General Motors, the Ford Motor Company and Chrysler, a unit of DaimlerChrysler, held 56.9 percent of the American market in 2005, down 1.8 percentage points from 2004, according to sales reports On Wednesday, Ford's sales analyst, George Pipas, said he did not expect a rebound in S.U.V. sales this year, although he said, "Even a dead cat bounces if you drop it from 10 floors up." nytimes.com I can't find it in the article but I read on Minyanville that GM is going to launch 5 full sized SUVs, 2 full sized pickups, and a "handfull" of other SUVs. If GM is wrong about that buildup (and I think they are) they are going to get crushed. Mish

To: Chispas who wrote (43890)	1/5/2006 4:40:45 PM
From: mishedlo	Read Replies (1) \| Respond to of 116555

How U.S. debt threatens the economy In 2006, look for a falling dollar and dropping bond prices, along with rising inflation and interest rates, as growing economies in China and India assert themselves. moneycentral.msn.com

To: Chispas who wrote (43890)	1/5/2006 5:03:36 PM
From: mishedlo	Respond to of 116555

WASHINGTON -- When President Bush last week signed the bill outlawing the torture of detainees, he quietly reserved the right to bypass the law under his powers as commander in chief. After approving the bill last Friday, Bush issued a 'signing statement" -- an official document in which a president lays out his interpretation of a new law -- declaring that he will view the interrogation limits in the context of his broader powers to protect national security. This means Bush believes he can waive the restrictions, the White House and legal specialists said. boston.com

To: Chispas who wrote (43890)	1/5/2006 5:04:35 PM
From: mishedlo	Read Replies (1) \| Respond to of 116555

NSA whistleblower asks to testify By Bill Gertz THE WASHINGTON TIMES Published January 5, 2006 A former National Security Agency official wants to tell Congress about electronic intelligence programs that he asserts were carried out illegally by the NSA and the Defense Intelligence Agency. Russ Tice, a whistleblower who was dismissed from the NSA last year, stated in letters to the House and Senate intelligence committees that he is prepared to testify about highly classified Special Access Programs, or SAPs, that were improperly carried out by both the NSA and the DIA. "I intend to report to Congress probable unlawful and unconstitutional acts conducted while I was an intelligence officer with the National Security Agency and with the Defense Intelligence Agency," Mr. Tice stated in the Dec. 16 letters, copies of which were obtained by The Washington Times. <snip> www.washtimes.com/functions/print.php?StoryID=20060104-114052-6606r