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Posts related to ‘Politics’

US Ethanol Subsidy is History (ADM, VLO, PEIX, GPRE, CZZ, RDS-A)

Posted: December 30, 2011 at 8:00 am

After 30 years of payments to farmers and blenders, the federal subsidy on corn-based ethanol expired when Congress adjourned last week without taking any action to renew the payments. A ...
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Iran’s Wild Card for Defense Stocks In 2012 … Dividends Hang in the Balance (ATK, GD, LLL, LMT, RTN)

Posted: December 28, 2011 at 1:44 pm

It is no secret that Iran is a saber-rattling nation. The country wants to be relevant on the global stage so much that it keeps up with its nuclear ambitions ...
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New Biofuels Fail to Meet Government-Mandated Quantities (CDXS, AMYR, GEVO, SZYM, KIOR, ADM, VLO, PEIX)

Posted: December 28, 2011 at 9:49 am

Back in the heady days of 2007, the U.S. Congress established mandates for the amount of cellulosic ethanol and other biofuels to be used in the nation’s transportation fuel supply. ...
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Payroll Tax Cut Bill’s Pipeline Provision Now Moves Front and Center (TRP)

Posted: December 23, 2011 at 12:11 pm

Now that the US House of Representatives has approved (if unwillingly) the Senate bill providing a two-month extension to lower payroll taxes and extend unemployment benefits, the bill goes to ...
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Iraqi Oil Easy to Find, Hard to Make Money On (XOM, BP, RDS-A, HAL, BHI)

Posted: December 23, 2011 at 8:28 am

When Iraq began offering leases to its vast oil deposits a couple of years ago, there weren’t a lot of big oil companies lined up to buy in. Iraq’s offer ...
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Fitch Warns Again on ‘Negative Outlook’of U.S. Triple-A Rating

Posted: December 21, 2011 at 3:45 pm

Fitch Ratings is out with an updated report on the future finances of the United States.  Today's special report is titled 'U.S. Public Finances - An Update' and it shows ...
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Kim Jong-il Death Drives Uncertain Korean Trading (EWY, KF, KEF, SKOR, PKX, KEP, SKM, ATK, RTN)

Posted: December 19, 2011 at 9:53 am

If there is one of several regions which can erupt rapidly, it is around the Korean Peninsula.  The death of Kim Jong-il (that photo is a tribute photo for him) after a ...
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Taxing the Rich One State at a Time

Posted: December 6, 2011 at 6:21 am

If the rich will not be taxed at the federal level, perhaps they will be state-by-state. California Governor Jerry Brown has suggested that state residents who make more than ...
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Nations That May Lose AAA Ratings — and Those That Won’t

Posted: December 5, 2011 at 2:58 pm

We have been covering the risks of the AAA rating risks far ahead of the curve on these formal credit ratings downgrades by the major credit ratings agencies. After the ...
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U.S. Post Office Will Cut Service, Close Processing Stations

Posted: December 5, 2011 at 2:24 pm

In a more detailed explanation of planned service cuts floated last September, the U.S. Postal Service has now published some details to its cuts in first-class mail delivery and the ...
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Detroit to Be Taken Over

Posted: December 4, 2011 at 10:29 am

Detroit is in a situation like the weakest nations in the eurozone. It does not, however, have access to the kind of capital from the European Central Bank or ...
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The Corzine Subpoena… Future of Segregated Funds Hangs in the Wind

Posted: December 2, 2011 at 10:39 am

Jon Corzine was supposed to be the poster boy for modern-day finance... From the King of Finance, to New Jersey's governor, and back to Wall Street.  Now Corzine is just the King of ...
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Best and Worst Run States in America — An Analysis Of All 50

Posted: November 28, 2011 at 6:49 am

How well run are America’s 50 states? The answer depends a lot on where you live. For the second year, 24/7 Wall St. has reviewed data on financial health, standard ...
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Uranium Processor Still Waiting Federal Loan (USU, ARVCY)

Posted: November 25, 2011 at 10:18 am

Ever since the Energy Act of 2005 was passed and signed by President Bush, USEC Inc. (NYSE: USU) has been working on a loan guarantee of $2 billion to build ...
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For-Profit Colleges Stung in GAO Report (APOL, EDMC, WPO, DV, ESI, STRA, CECO)

Posted: November 23, 2011 at 10:01 am

For-profit colleges have had a tough couple of years. First, the colleges were forced to change admissions procedures in a way that has cost them enrollment. Then student loan default ...
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