Five Forgotten

When Glenn Beck left FOX News Channel after smashing rating numbers for the 5PM EST time slot, FOX rebounded nicely with the new show The Five, with five rotating panelists discussing the events of the day. This show is outstanding, with excellent co-hosts Eric Boling and Kimberly Guilfoyle. Anything that puts the lovely Guilfoyle in front of the camera will be a ratings success.

Even so, this week I was following five stories, or in the case of Rick Santorum's sweep, variations of, that The Five did not cover. As good as this show is, and as good as FOX is, many very important stories do not get proper coverage, if they get covered at all.

Below are five that I focused on this week, and I wonder is any of the readers knew about these stories. They are important, so have a look

NANEX

I was over at Zero Hedge and found an alarming story on high frequency trading. On the day Uncle Sam was downgraded back in August, a staggering increase in high frequency trading ensued and has continued since. Check out the story and the chart over on Zero Hedge HERE.

It seems to be that algorithmic trading between computers is taking place at a highly increased level, and while there is a place for such trading, this type of activity is dangerous. You got any ideas about what is happening?

RICK SANTORUM

Rick Santorum had a big night this week, winning Minnesota, Missouri and Colorado. They picked Rick! Although the pundits discussed the momentum perhaps gained by Santorum, and the problems perhaps exposed by his opponents, I focused on his outstanding victory speech.

Santorum spoke truths about the Obama administration, that they seek to rule over the people rather than listen to them, that they wish to rule over them and run their lives with a lengthy list of central planning programs because they think they know better than you.

Obama really does look down on the people, with soaring rhetoric about helping the people while actively reducing the freedom of the people. Santorum has the right message, and it would do America well to hear him!

BORDER CALAMITY

On GBTV, Glenn Beck presented an incredibly alarming program on the activities taking place on the border. Although there are a handful of Americans who have some level of understanding about the high level of national security issues taking place along the border, most have no clue how serious this problem is. Unfortunately, the problem is worse than ever, and our government, on both sides, is for the most part sitting it out. Why, I do not know.

Although I could not get elected dog catcher in my community, if I were President, with a thorough understanding of the severity of the problem, I would have the US Military seize the day immediately, using any force necessary.

Hearing the facts presented is a depressing indictment of the failures of our government, but unfortunately, something you must become knowledgeable about. The video is not for the faint of heart, so viewer discretion is advised. However; knowledge is power, so have a look on Glenn Beck HERE and HERE.

HOUSING PLAN

Stupid is as stupid does. President Obama has yet another plan to punish banks and reward bad behavior in an effort to boost the housing market. Jimmy Petholoukis leaked that Obama was ready to release the plan, hitting banks with punitive punishment and forcing them to refinance some home owners. Should the banks fail to comply, a newly appointed Czar will seek them out for punishment. Of course, costs force upon the banks will be passed on to the consumers. This will raise the cost of capital, reduce the amount of mortgage activity and prolong the crisis.

Obvious to just about everyone not involved with wealth redistribution, this program will only hamper any recovery in the housing market. As we have repeatedly said, for the housing market to improve, a growing job market must be in place allowing free market principles, free from government interaction, to form an efficient market where buyers compete with sellers in arms length transactions. Under such a market, price will be established a normal market can resume.

Obama will not allow this to take place, as his principles center around wealth redistribution directed by a government who picks winners and losers. This creates an inefficient market, is not free market capitalism, and will restrict the pace of any recovery.

CME GROUP

On Wednesday, the S&P cut the CME Group Inc.'s credit rating in the aftermath of the debacle involving the collapse of MF Global. The has been under fire since MF files for bankruptcy. Under normal market conditions, this news would some kind of spook the markets.

Be advised there is much more here than meets the eye, and the fallout could be mind boggling. Customer funds were stolen, and with this type of activity taking place, the integrity of the market is zero. Ann Barnhardt, of Barnhardt Capital Management, has been leading the way in covering the real story going on here from a birds eye view.