Breakfast Links

Survivalists are building homes all over the US to get ready for the impending doom.  Wonder if they have one of these?  No sense surviving if you don’t have one.

Of course, with oil prices rallying, and the rest of the commodity sector on a tear, Obama blames the speculator.  Did he really go to an Ivy League school?  Because he seems  as dim as some people on the other side of the aisle.  Click the link and see what Professor Pirrong has to say.  This is a populist issue and uninformed people blame speculators.  Even Bill O’ Reilly on Fox is assailing speculators.  Shame on you all.  You clearly don’t understand economics.  You look silly. ($CL_F)

If you are not paying attention to Singapore, you are missing something.  It’s going to be Asia’s Geneva, Switzerland.  But, the food is better.  I have been there a couple of times and really enjoyed it.  ($SGX)

Want to know more about centralized clearing and derivatives? read this.   Frankendodd was a terrible bill.  It missed the big stuff that really rips customers off, like dark pools and fragmentation-but it’s going to end debit cards and raise fees on Main Street. ($ICE, $CME, $NYX)

In Illinois, they have more voters in counties on the rolls that actual people in the county.   Voter fraud in Illinois is rampant.  I know, I was an election judge.  The fraud is perpetrated way before the polls.

Obama spoke about campaign finance reform yesterday.  Of course the leader of the least transparent administration wants more transparency with their donors.  I have an idea.  Why not publish everyone online and the amount they gave, with no limit to the amount of giving?  No way to write it off either (that includes corporations).

Loved this blogpost on starting a business.

Dennis Gartman doesn’t think you should be short the dollar. ($USD)

Government cash handouts now are greater than tax revenues.  Incentives are misaligned. ($ZB_F, $ZT_F)

Restrepo director killed in Libya.  If you haven’t seen Restrepo, it’s really worth your time.

John Deere’s ($JD) CEO comments on debt, the economy and his business.

Read more at Points and Figures