One thing the Obama administration and the once-mainstream media need to learn is: despite all their "spin" (better known as propaganda) the markets will always reveal reality when it comes to the economy.If one needs another news item to confirm the complete lack of confidence in the economic policies of this regime and the potential future all one has to do is look to the record issuance of dollar denominated bonds by non U.S. companies.  These bonds have become attractive to American investors (despite low interest rates) as an alternative to the risk of investing in U.S. based companies.So far this year the amount raised by non U.S. companies is up nearly 10% over a record in 2009.  Nearly 20% of all bond issuance by European companies have been in the form of "Yankee Bonds" the highest percentage in over 10 years.  There has been a record 501 issues so far this year.  This is the highest number of Yankee bond issues sold in any year since...(Read Full Post)