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Posts related to ‘Politics’

Political Fodder… Private Equity Firms Are Hiring!

Private equity firms are bad and evil because they fire workers to juice profits for billionaires who get to pay low tax rates!  Is that the right logic?  What if ...
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Is the U.S. REALLY Closer to Energy Independence?

The U.S. does not really feel any closer to energy independence.  There is too much infighting and attacking the companies which can help that energy independence, even if some attacks are ...
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More U.S. Austerity Needed… CBO Baseline Shows Huge Deficits at $1.1 Trillion in 2012

The Congressional Budget Office is out with its outlook and deficits are expected to continue.  This report is released each January and the goal is not to be political from ...
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Utopia Juice: Bernanke Hints QE3 (or QE4)

The Federal Reserve has no more room cut interest rates.  About all it can do is to take the discount rate lower than the 0.75% but the target rate of ...
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New Lower Fed Long-Term Targets: Employment, Inflation, GDP & Rates

The Fed is going to continue on its dual-mandate of inflation and employment as it stated that it will take a balanced approach to maintain price stability and to promote ...
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Fed Now Keeping Near-Zero Rates Through Late-2014… QE4?

This was definitely going to be a different sort of FOMC day with the way that the new communications are going to show more of the inner-thinking of the Federal ...
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World Could Face ’1930s moment’ Says IMF Chief

International Monetary Fund managing director, Christine Lagarde, has warned that the global economy “could easily slide into a ‘1930s moment’ unless global leaders take the actions that they know must ...
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Detroit’s Problem: A City of Government and Health Care Workers

Detroit’s unique position as a large American city is not just related to the fact that the state may appoint an emergency manager and take the power of governing away from ...
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Reports Say President Will Kill Keystone XL Pipeline (TRP, KMI)

Just before Congress left town for the holiday, it passed and President Obama signed a bill to extend payroll tax cuts for two months. The bill included a provision demanding ...
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Is Corn This Serious For Potash & Fertilizer? Yes, Maybe (MOS, POT, CF, IPI, MOO)

Fertilizer stocks are on skid row after the U.S. Department of Agriculture report showed that the unsold corn supplies from December were down about 1% less than what analysts were ...
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News Break: Fannie Mae CEO Steps Down

CNBC is reporting that Mike Williams, CEO of Fannie Mae, is stepping down from the GSE. Whether he was forced out or not is not known, but let's just say ...
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Propane Subsidy As Jobs Creator… At Whopping Costs (XOM, CHK, EPD, SPH, APU, FGP)

In May 2011, a propane industry association, the National Propane Gas Association, cheered the introduction of a bill introduced in the US House that would have extended subsidy payments to ...
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IRS Reopens Overseas Disclosure Program, While Congress Considers Business Profit Repatriation

The US Internal Revenue Service is reopening its Offshore Voluntary Disclosure Progam (OVDP) in an effort to collect income taxes from US taxpayers who have parked their funds in overseas ...
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Could a Transaction Tax Be Part of European Debt Solution?

French president Nicolas Sarkozy has gotten agreement from Germany’s chancellor, Angela Merkel, for a tax on financial transactions. The reaction from Britain, Europe’s financial center, is decidedly chilly. The US ...
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Obama Appoints Chairman of Consumer Panel

President Obama will appoint former Ohio attorney general Richard Cordray as the head of the Consumer Finanicial Protection Bureau today, invoking the president’s authority to make appointments when Congress is ...
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