Implode-Explode Heavy Industries news feed Tracking the many faces of the global credit implosion. You can pull sub-categories from this feed by adding a ?tags=a,b,c,... style parameter. The category tags (which can be given as numbers or handles) are : id handle category description 1 housing_finance "Housing Finance News/ML-Implode Main" 2 hedge_funds "Hedge Funds News" 3 fed "The Fed, Central Banking and fin. reg." 4 foreclosures "Foreclosures (News)" 5 chavez "Hugo Chavez Watch (News)" 6 builders "Home Builders News" 7 banks "Banks News" 8 credit_bubble "Credit Bubble and Crash (News)" 9 peak_oil "Peak Oil and Energy Security (News)" 10 BRIC_v_us "BRIC countries vs. U.S. (News)" 11 gov_bk "Government Bankruptcy (News)" 12 mediawatch "Mainstream Media Watch" 13 Our commentary "IEHI Original Commentary" 14 rebalancing "Economic Rebalancing (News)" 15 pm "Precious Metals News" 16 inflation "Inflation and Deflation News" 17 nr "Natural Resources News" 18 consumer "Consumer Capitulation/Issues and Populism" 20 pe "Private Equity Implosion (News)" 21 recession "Recession/depression News" 22 ML_implosion "Mortgage Lender IMPLOSIONS" 23 HF_implosion "Hedge Fund IMPLOSIONS" 24 HB_implosion "Home Builder IMPLOSIONS" 25 Bank_implosion "Bank IMPLOSIONS" 26 ML_update "Mortgage Lender UPDATES" 27 HF_update "Hedge Fund UPDATES" 28 HB_update "Home Builder UPDATES" 29 Bank_update "Bank UPDATES" 30 RFWS "Radio Free Wall Street" 31 FHA "FHA and Mtg Regulation (News)" 32 martial_law "Martial Law/Big Brother/NWO Watch" 33 pension "Retirement Implosion (News)" 34 mtgindustry "Mortgage Industry (News)" 35 econlists "Econ insider lists" 36 iehi_fb "IEHI facebook feed" 37 robin_fb "robin facebook" 38 IEHItwitter "IEHI Twitter Feed" 39 ak_linkedin "akrowne LinkedIn (mtg industry)" en-us iehi-feed-56841 Sat, 30 May 2015 16:37:25 GMT Abenomics Heads Toward Debt Meltdown As Households Slump, Reflation Enemies Warn Japan spending slump casts doubt on central bank optimism .]]> iehi-feed-56840 Sat, 30 May 2015 16:32:58 GMT ​G7 agree ‘in principle' to add Chinese currency to IMF basket iehi-feed-56839 Sat, 30 May 2015 16:29:53 GMT Chicago PMI Bounce Is Dead, Crashes Back Near 6 Year Lows iehi-feed-56838 Sat, 30 May 2015 16:29:03 GMT What Will Happen to a Generation of Wall Street Traders Who Have Never Seen a Rate Hike? iehi-feed-56837 Fri, 29 May 2015 20:34:46 GMT U.S. economy contracts in first quarter; dollar hurts corporate profits iehi-feed-56836 Fri, 29 May 2015 19:17:51 GMT Madoff Accountant David G. Friehling Dodges Prison By Claiming To be An Idiot iehi-feed-56835 Fri, 29 May 2015 19:04:31 GMT Don't hold your breath for Millennials to purchase homes: 6 years into a recovery and Millennials are still moving into parental homes at record levels iehi-feed-56834 Fri, 29 May 2015 18:58:09 GMT De-Dollarization Du Jour: Russia Backs BRICS Alternative To SWIFT iehi-feed-56833 Fri, 29 May 2015 13:49:34 GMT Julian Assange on the Trans-Pacific Partnership: Secretive Deal Isn't About Trade, But Corporate Control iehi-feed-56832 Fri, 29 May 2015 13:42:00 GMT Ted Butler: COMEX Silver Has Degenerated to "Bucket Shop" Trading; Where Are The Miners? iehi-feed-56831 Fri, 29 May 2015 13:38:04 GMT "The Greek Endgame Is Here": Probability Of IMF Default Now 70%, Says Deutsche Bank iehi-feed-56830 Fri, 29 May 2015 13:12:45 GMT Germans turn their backs on renting with new property boom? iehi-feed-56829 Fri, 29 May 2015 13:10:57 GMT Dimon: Shareholders "Irresponsible", "Lazy" for Vote Against His Pay and Dual Roles iehi-feed-56828 Fri, 29 May 2015 13:08:11 GMT Michael "Air" Jordan Sees $15 Mil Disappear into Thin Air - Mandelman Matters iehi-feed-56827 Thu, 28 May 2015 21:51:31 GMT Beijing's Yuan Push Bears Fruit iehi-feed-56826 Thu, 28 May 2015 21:39:54 GMT Greek Bank Losses Show Predicament Amid Record Outflows iehi-feed-56825 Thu, 28 May 2015 20:57:53 GMT Borrowing to Replenish Depleted Pensions Interest in so-called pension obligation bonds is expected to intensify in the wake of a recent Illinois Supreme Court decision that rejected the state's attempt to overhaul its severely depleted pension system. The court ruled unanimously that Illinois could not legally cut its public workers' retirement benefits to lower costs, forcing lawmakers to scramble for the billions of dollars it will take to keep the system intact.

While the Illinois ruling is not binding on other states, analysts think it may influence lawmakers elsewhere to look to alternatives to cutting public pensions. The Illinois justices offered a list of all the times since 1917 that state lawmakers had ignored expert warnings and diverted pension money to other projects. They said, in effect, that the lawmakers had to restore the money.

... the [pension obligation bond] deals are typically used to make troubled pension systems seem a little less troubled for a few years, allowing elected officials to celebrate a pension reform without having to make the system sustainable over the long term.

iehi-feed-56824 Thu, 28 May 2015 19:23:16 GMT The Tiny House Powered Only by Wind and Sun iehi-feed-56823 Thu, 28 May 2015 19:06:57 GMT How the HMS Erebus Shipwreck Could Secure Canada's Arctic Control iehi-feed-56822 Thu, 28 May 2015 14:36:42 GMT Silicon Valley Discovers the Cheapest Way to Help the Homeless: Give Them Homes