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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: Real Man who wrote (34989)	2/3/2011 2:45:03 PM
From: ggersh	Respond to of 71475

I'll give it a chance to play out, not sure she is wrong as many places are hurting. Yep, CNBC and such say the economy is improving, but how can it w/unemployment at these levels? -ng- Does Paulson's $5bil skew the real wage figure? -vbg-

To: Real Man who wrote (34989)	2/3/2011 5:18:16 PM
From: ggersh	1 Recommendation Read Replies (1) \| Respond to of 71475

So does this make it official that it is now illegal to be bearish? zerohedge.com Meredith Whitney Called To Testify Before House On Her Muni Call According to Charlie Gasparino, the intifada between Meredith Whitney and the rest of the world just got uglier. According to the former CNBCer, the one-time Citi scourge has been called in to testify before the House TARP committee and explain her less than favorable position on munis. From Dow Jones: Meredith Whitney has been called to appear as a witness at an upcoming hearing by the U.S. House TARP oversight subcommittee, Fox Business Network's Charles Gasparino reported Thursday. Gasparino cited sources as saying the financial analyst, whose prediction of potential defaults totaling "hundreds of billions of dollars" is widely blamed for the recent selloff in municipal bonds, has declined the offer to appear at the Feb. 9 hearing. The Financial Services and Bailouts of Public and Private Programs subcommittee, chaired by Rep. Patrick McHenry, might subpoena Whitney and the report in which she apparently made the prediction, Gasparino said. Attendees at the hearing will include "experts who disagree with" Whitney's call, according to Gasparino. We are not sure how this will change the fact that most municipalities are, in a word, insolvent. Those who are curious to read an abbreviated version of M-Dub's report, can do so here - link.