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	<title>Wall Street Pit</title>
	
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	<pubDate>Sun, 08 Nov 2009 14:59:53 +0000</pubDate>
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			<geo:lat>47.67903</geo:lat><geo:long>-122.193409</geo:long><creativeCommons:license>http://creativecommons.org/licenses/by-nc-nd/2.0/</creativeCommons:license><image><link>http://wallstreetpit.com</link><url>http://wallstreetpit.com/wp-content/themes/revolution_news-21/images/wp.gif</url><title>WSP</title></image><atom10:link xmlns:atom10="http://www.w3.org/2005/Atom" rel="self" href="http://feeds.feedburner.com/wsp/main/feed" type="application/rss+xml" /><feedburner:emailServiceId xmlns:feedburner="http://rssnamespace.org/feedburner/ext/1.0">wsp/main/feed</feedburner:emailServiceId><feedburner:feedburnerHostname xmlns:feedburner="http://rssnamespace.org/feedburner/ext/1.0">http://feedburner.google.com</feedburner:feedburnerHostname><feedburner:feedFlare xmlns:feedburner="http://rssnamespace.org/feedburner/ext/1.0" href="http://add.my.yahoo.com/rss?url=http%3A%2F%2Ffeeds.feedburner.com%2Fwsp%2Fmain%2Ffeed" src="http://us.i1.yimg.com/us.yimg.com/i/us/my/addtomyyahoo4.gif">Subscribe with My Yahoo!</feedburner:feedFlare><feedburner:feedFlare xmlns:feedburner="http://rssnamespace.org/feedburner/ext/1.0" href="http://www.newsgator.com/ngs/subscriber/subext.aspx?url=http%3A%2F%2Ffeeds.feedburner.com%2Fwsp%2Fmain%2Ffeed" src="http://www.newsgator.com/images/ngsub1.gif">Subscribe with NewsGator</feedburner:feedFlare><feedburner:feedFlare xmlns:feedburner="http://rssnamespace.org/feedburner/ext/1.0" href="http://feeds.my.aol.com/add.jsp?url=http%3A%2F%2Ffeeds.feedburner.com%2Fwsp%2Fmain%2Ffeed" src="http://o.aolcdn.com/favorites.my.aol.com/webmaster/ffclient/webroot/locale/en-US/images/myAOLButtonSmall.gif">Subscribe with My AOL</feedburner:feedFlare><feedburner:feedFlare xmlns:feedburner="http://rssnamespace.org/feedburner/ext/1.0" href="http://www.bloglines.com/sub/http://feeds.feedburner.com/wsp/main/feed" src="http://www.bloglines.com/images/sub_modern11.gif">Subscribe with Bloglines</feedburner:feedFlare><feedburner:feedFlare xmlns:feedburner="http://rssnamespace.org/feedburner/ext/1.0" href="http://www.netvibes.com/subscribe.php?url=http%3A%2F%2Ffeeds.feedburner.com%2Fwsp%2Fmain%2Ffeed" src="http://www.netvibes.com/img/add2netvibes.gif">Subscribe with Netvibes</feedburner:feedFlare><feedburner:feedFlare xmlns:feedburner="http://rssnamespace.org/feedburner/ext/1.0" href="http://fusion.google.com/add?feedurl=http%3A%2F%2Ffeeds.feedburner.com%2Fwsp%2Fmain%2Ffeed" src="http://buttons.googlesyndication.com/fusion/add.gif">Subscribe with Google</feedburner:feedFlare><feedburner:feedFlare xmlns:feedburner="http://rssnamespace.org/feedburner/ext/1.0" href="http://www.pageflakes.com/subscribe.aspx?url=http%3A%2F%2Ffeeds.feedburner.com%2Fwsp%2Fmain%2Ffeed" src="http://www.pageflakes.com/ImageFile.ashx?instanceId=Static_4&amp;fileName=ATP_blu_91x17.gif">Subscribe with Pageflakes</feedburner:feedFlare><atom10:link xmlns:atom10="http://www.w3.org/2005/Atom" rel="hub" href="http://pubsubhubbub.appspot.com" /><item>
		<title>Why Wouldn’t the U.S. Just Print its Way Out of Debt?</title>
		<link>http://wallstreetpit.com/11932-why-wouldnt-the-us-just-print-its-way-out-of-debt</link>
		<comments>http://wallstreetpit.com/11932-why-wouldnt-the-us-just-print-its-way-out-of-debt#comments</comments>
		<pubDate>Sun, 08 Nov 2009 14:59:53 +0000</pubDate>
		<dc:creator>Bill Bonner</dc:creator>
		
		<category><![CDATA[Business]]></category>

		<category><![CDATA[Economy]]></category>

		<category><![CDATA[World]]></category>

		<category><![CDATA[debt]]></category>

		<category><![CDATA[US Dollar]]></category>

		<guid isPermaLink="false">http://wallstreetpit.com/?p=11932</guid>
		
			<content:encoded><![CDATA[Governments are running breathtaking deficits…and accumulating alarming debts. Japan has a national debt of nearly 200% of its GDP. Where did that debt come from? It came from 20 years of trying to buy its way out of a slump with borrowed money. Of course, it didn’t work. But now, Britain and...<div class="feedflare">
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</div><img src="http://feeds.feedburner.com/~r/wsp/main/feed/~4/7XYgOMhJo5I" height="1" width="1"/>]]></content:encoded>
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		</item>
		<item>
		<title>Why Reading the Health Bill Is a Waste of Time</title>
		<link>http://wallstreetpit.com/11930-why-reading-the-health-bill-is-a-waste-of-time</link>
		<comments>http://wallstreetpit.com/11930-why-reading-the-health-bill-is-a-waste-of-time#comments</comments>
		<pubDate>Sun, 08 Nov 2009 11:12:23 +0000</pubDate>
		<dc:creator>Bruce Bartlett</dc:creator>
		
		<category><![CDATA[Business]]></category>

		<category><![CDATA[Politics]]></category>

		<category><![CDATA[congress]]></category>

		<category><![CDATA[health care bill]]></category>

		<guid isPermaLink="false">http://wallstreetpit.com/?p=11930</guid>
		
			<content:encoded><![CDATA[The 1,990-page length of the health reform bill is once again bringing forth demands that members of Congress be required to read the legislation before voting on it. While a seemingly reasonable demand, it is, in fact, a waste of time.
The reason becomes obvious the moment one actually reads...<div class="feedflare">
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</div><img src="http://feeds.feedburner.com/~r/wsp/main/feed/~4/hKgcOgd9jgY" height="1" width="1"/>]]></content:encoded>
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		<item>
		<title>Last Chance is About Over</title>
		<link>http://wallstreetpit.com/11927-last-chance-is-about-over</link>
		<comments>http://wallstreetpit.com/11927-last-chance-is-about-over#comments</comments>
		<pubDate>Sun, 08 Nov 2009 09:12:05 +0000</pubDate>
		<dc:creator>Duncan Davidson</dc:creator>
		
		<category><![CDATA[Business]]></category>

		<category><![CDATA[Wall Street]]></category>

		<category><![CDATA[technical analysis]]></category>

		<guid isPermaLink="false">http://wallstreetpit.com/?p=11927</guid>
		
			<content:encoded><![CDATA[The current bounce in equities is about what we should have expected, and should be about over. It has a little more room to go up Monday am, but then should fall below two critical levels: Sp1061, recent support; and Sp1019. After that the character of the fall will inform whether this is but...<div class="feedflare">
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</div><img src="http://feeds.feedburner.com/~r/wsp/main/feed/~4/2i-GZuIhhy4" height="1" width="1"/>]]></content:encoded>
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		</item>
		<item>
		<title>G20 and Buffett’s Bet on Emerging Markets</title>
		<link>http://wallstreetpit.com/11929-g20-and-buffetts-bet-on-emerging-markets</link>
		<comments>http://wallstreetpit.com/11929-g20-and-buffetts-bet-on-emerging-markets#comments</comments>
		<pubDate>Sun, 08 Nov 2009 07:42:02 +0000</pubDate>
		<dc:creator>Simon Johnson</dc:creator>
		
		<category><![CDATA[Business]]></category>

		<category><![CDATA[Economy]]></category>

		<category><![CDATA[World]]></category>

		<category><![CDATA[g20]]></category>

		<category><![CDATA[St Andrews]]></category>

		<category><![CDATA[Warren Buffett]]></category>

		<guid isPermaLink="false">http://wallstreetpit.com/?p=11929</guid>
		
			<content:encoded><![CDATA[The G20 Finance Ministers and Central Bank governors are meeting in St. Andrews, talking about the data they will need to look at in order to monitor each other’s economic performance and sustain growth (seriously).
The underlying idea is that if you talk long enough about the US current account...<div class="feedflare">
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</div><img src="http://feeds.feedburner.com/~r/wsp/main/feed/~4/y1EgS7XxPws" height="1" width="1"/>]]></content:encoded>
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		</item>
		<item>
		<title>Nominal Nonsense</title>
		<link>http://wallstreetpit.com/11926-nominal-nonsense</link>
		<comments>http://wallstreetpit.com/11926-nominal-nonsense#comments</comments>
		<pubDate>Sun, 08 Nov 2009 06:55:31 +0000</pubDate>
		<dc:creator>Scott Sumner</dc:creator>
		
		<category><![CDATA[Business]]></category>

		<category><![CDATA[Economy]]></category>

		<category><![CDATA[Economics]]></category>

		<category><![CDATA[monetary stimulus]]></category>

		<category><![CDATA[Paul Krugman]]></category>

		<guid isPermaLink="false">http://wallstreetpit.com/?p=11926</guid>
		
			<content:encoded><![CDATA[It’s always a good day when Paul Krugman throws a nice easy pitch over the fat part of the plate.  In this post commenting on Beckworth he combines all of the worst features of his blog, in one nice package with a bow on top.
Here’s my problem. Underlying the focus on nominal demand or GDP [...]<div class="feedflare">
<a href="http://feeds.feedburner.com/~ff/wsp/main/feed?a=-3WdTLPqjq8:G-EOL6Nxfg4:dnMXMwOfBR0"><img src="http://feeds.feedburner.com/~ff/wsp/main/feed?d=dnMXMwOfBR0" border="0"></img></a> <a href="http://feeds.feedburner.com/~ff/wsp/main/feed?a=-3WdTLPqjq8:G-EOL6Nxfg4:D7DqB2pKExk"><img src="http://feeds.feedburner.com/~ff/wsp/main/feed?i=-3WdTLPqjq8:G-EOL6Nxfg4:D7DqB2pKExk" border="0"></img></a> <a href="http://feeds.feedburner.com/~ff/wsp/main/feed?a=-3WdTLPqjq8:G-EOL6Nxfg4:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/wsp/main/feed?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.feedburner.com/~ff/wsp/main/feed?a=-3WdTLPqjq8:G-EOL6Nxfg4:I9og5sOYxJI"><img src="http://feeds.feedburner.com/~ff/wsp/main/feed?d=I9og5sOYxJI" border="0"></img></a>
</div><img src="http://feeds.feedburner.com/~r/wsp/main/feed/~4/-3WdTLPqjq8" height="1" width="1"/>]]></content:encoded>
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		</item>
		<item>
		<title>Behind the Numbers: Month to Date Market Review (Nov.7)</title>
		<link>http://wallstreetpit.com/11922-behind-the-numbers-month-to-date-market-review-nov-7</link>
		<comments>http://wallstreetpit.com/11922-behind-the-numbers-month-to-date-market-review-nov-7#comments</comments>
		<pubDate>Sun, 08 Nov 2009 00:04:06 +0000</pubDate>
		<dc:creator>Larry Doyle</dc:creator>
		
		<category><![CDATA[Business]]></category>

		<category><![CDATA[Wall Street]]></category>

		<category><![CDATA[stock market update]]></category>

		<guid isPermaLink="false">http://wallstreetpit.com/?p=11922</guid>
		
			<content:encoded><![CDATA[Unemployment hits 10.2% and every self-respecting economist knows it is heading higher.
Does anybody want to ask Tim Geithner if he wants to review the rigor and integrity of the Bank Stress Tests conducted last Spring? What were the assumptions used for the Unemployment Rate? For those who care to...<div class="feedflare">
<a href="http://feeds.feedburner.com/~ff/wsp/main/feed?a=T5rqkuNQqVo:yGOfq5NZcXI:dnMXMwOfBR0"><img src="http://feeds.feedburner.com/~ff/wsp/main/feed?d=dnMXMwOfBR0" border="0"></img></a> <a href="http://feeds.feedburner.com/~ff/wsp/main/feed?a=T5rqkuNQqVo:yGOfq5NZcXI:D7DqB2pKExk"><img src="http://feeds.feedburner.com/~ff/wsp/main/feed?i=T5rqkuNQqVo:yGOfq5NZcXI:D7DqB2pKExk" border="0"></img></a> <a href="http://feeds.feedburner.com/~ff/wsp/main/feed?a=T5rqkuNQqVo:yGOfq5NZcXI:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/wsp/main/feed?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.feedburner.com/~ff/wsp/main/feed?a=T5rqkuNQqVo:yGOfq5NZcXI:I9og5sOYxJI"><img src="http://feeds.feedburner.com/~ff/wsp/main/feed?d=I9og5sOYxJI" border="0"></img></a>
</div><img src="http://feeds.feedburner.com/~r/wsp/main/feed/~4/T5rqkuNQqVo" height="1" width="1"/>]]></content:encoded>
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		<item>
		<title>Historic Collapse of Consumer Credit</title>
		<link>http://wallstreetpit.com/11921-historic-collapse-of-consumer-credit</link>
		<comments>http://wallstreetpit.com/11921-historic-collapse-of-consumer-credit#comments</comments>
		<pubDate>Sat, 07 Nov 2009 22:39:58 +0000</pubDate>
		<dc:creator>Nathan A. Martin</dc:creator>
		
		<category><![CDATA[Business]]></category>

		<category><![CDATA[Economy]]></category>

		<category><![CDATA[consumer credit]]></category>

		<guid isPermaLink="false">http://wallstreetpit.com/?p=11921</guid>
		
			<content:encoded><![CDATA[Banks, given trillions stolen from the taxpayer, are using their ill-gotten fiat to speculate in markets using quant computers and insider information, neither of which the taxpayer has access. Nor do they have access to national level politicians, their contributions simply are not as large. Thus,...<div class="feedflare">
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</div><img src="http://feeds.feedburner.com/~r/wsp/main/feed/~4/kbPBDIUE5GM" height="1" width="1"/>]]></content:encoded>
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		<title>Global Asset Class Performance Chart (Nov 2- Nov 6)</title>
		<link>http://wallstreetpit.com/11913-global-asset-class-performance-chart-nov-2-nov-6</link>
		<comments>http://wallstreetpit.com/11913-global-asset-class-performance-chart-nov-2-nov-6#comments</comments>
		<pubDate>Sat, 07 Nov 2009 22:12:37 +0000</pubDate>
		<dc:creator>editor</dc:creator>
		
		<category><![CDATA[Business]]></category>

		<category><![CDATA[Wall Street]]></category>

		<category><![CDATA[asset allocation]]></category>

		<category><![CDATA[asset class]]></category>

		<guid isPermaLink="false">http://wallstreetpit.com/?p=11913</guid>
		
			<content:encoded><![CDATA[Here is last week’s performance of different major global financial markets:

Gold, currently the most actively monitored commodity, is this week’s most preferred investment and the subsequent asset class leader. As the chart above illustrates, the precious metal, which is again being viewed as a...<div class="feedflare">
<a href="http://feeds.feedburner.com/~ff/wsp/main/feed?a=iMLTPPudYAw:tsxgbR-xzkQ:dnMXMwOfBR0"><img src="http://feeds.feedburner.com/~ff/wsp/main/feed?d=dnMXMwOfBR0" border="0"></img></a> <a href="http://feeds.feedburner.com/~ff/wsp/main/feed?a=iMLTPPudYAw:tsxgbR-xzkQ:D7DqB2pKExk"><img src="http://feeds.feedburner.com/~ff/wsp/main/feed?i=iMLTPPudYAw:tsxgbR-xzkQ:D7DqB2pKExk" border="0"></img></a> <a href="http://feeds.feedburner.com/~ff/wsp/main/feed?a=iMLTPPudYAw:tsxgbR-xzkQ:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/wsp/main/feed?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.feedburner.com/~ff/wsp/main/feed?a=iMLTPPudYAw:tsxgbR-xzkQ:I9og5sOYxJI"><img src="http://feeds.feedburner.com/~ff/wsp/main/feed?d=I9og5sOYxJI" border="0"></img></a>
</div><img src="http://feeds.feedburner.com/~r/wsp/main/feed/~4/iMLTPPudYAw" height="1" width="1"/>]]></content:encoded>
			<wfw:commentRss>http://wallstreetpit.com/11913-global-asset-class-performance-chart-nov-2-nov-6/feed</wfw:commentRss>
		</item>
		<item>
		<title>Barking Up the Wrong Tree</title>
		<link>http://wallstreetpit.com/11917-barking-up-the-wrong-tree</link>
		<comments>http://wallstreetpit.com/11917-barking-up-the-wrong-tree#comments</comments>
		<pubDate>Sat, 07 Nov 2009 14:11:21 +0000</pubDate>
		<dc:creator>Roger Ehrenberg</dc:creator>
		
		<category><![CDATA[Business]]></category>

		<category><![CDATA[Wall Street]]></category>

		<category><![CDATA[equity markets]]></category>

		<guid isPermaLink="false">http://wallstreetpit.com/?p=11917</guid>
		
			<content:encoded><![CDATA[After reading the news, participating in key industry conferences and doing some thinking, I&#8217;ve come to the following conclusion: the regulators - and Congress - are barking up the wrong tree. They would have you believe that the equity markets are rigged, retail investors are screwed and...<div class="feedflare">
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</div><img src="http://feeds.feedburner.com/~r/wsp/main/feed/~4/-kW_vjjYQr8" height="1" width="1"/>]]></content:encoded>
			<wfw:commentRss>http://wallstreetpit.com/11917-barking-up-the-wrong-tree/feed</wfw:commentRss>
		</item>
		<item>
		<title>The Future of Medical Technology</title>
		<link>http://wallstreetpit.com/11919-the-future-of-medical-technology</link>
		<comments>http://wallstreetpit.com/11919-the-future-of-medical-technology#comments</comments>
		<pubDate>Sat, 07 Nov 2009 13:35:21 +0000</pubDate>
		<dc:creator>The Daily Reckoning</dc:creator>
		
		<category><![CDATA[Business]]></category>

		<category><![CDATA[health care]]></category>

		<category><![CDATA[medical info]]></category>

		<guid isPermaLink="false">http://wallstreetpit.com/?p=11919</guid>
		
			<content:encoded><![CDATA[In the future, a visit to your family physician, or any specialist, will begin with a quick scan of the computer screen, where a few keystrokes will tell the doctor everything he or she needs to know about you – all the way from how much you weighed at birth, to X-rays of that bone [...]<div class="feedflare">
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</div><img src="http://feeds.feedburner.com/~r/wsp/main/feed/~4/LOX6Io0B5Ek" height="1" width="1"/>]]></content:encoded>
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