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Posts related to ‘Politics’

Mexican Migration to US — “Net Zero”

Between 2005 and 2010, more than 1 million undocumented Mexican immigrants into the US returned to Mexico, many for good. That number is about triple the number of undocumented immigrants ...
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Ohio Medicaid Losses Wreck Providers (MOH, CNC, AGP, WCG)

Molina Healthcare Inc. (NYSE: MOH) and Centene Corporation (NYSE: CNC) are both seeing their shares take a real beating.  On a day where most stocks are lower because of Friday's ...
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Alternative Investing Extreme: Titanic Artifacts Auction Extended (PRXI)

Premier Exhibitions, Inc. (NASDAQ: PRXI) is far from a typical public company and it has been featured by us as one of America's most unusual public companies before.  The company is a ...
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Regions Financial Repays TARP Funds (RF, ZION, AIG)

The largest of the remaining institutions in the federal government’s Troubled Asset Relief Program (TARP) re-paid its $3.5 billion loan today. Regions Financial Corp. (NYSE: RF) has also paid US ...
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New Greek Debt Little Better Than Old Greek Debt — Fitch

Virtually as soon as last month’s Greek debt swap deal was done, Fitch Ratings lifted their rating on Greek debt from ‘Restricted Default’ to ‘B-/Stable’. That’s still junk, but a ...
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Iran Trading Oil for Junk

The Islamic Republic of Iran has been forced to begin trading its oil for goods as the US-led imposition of sanctions make it increasingly difficult for the country to obtain ...
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Greece May Require Third Bailout

Greek Prime Minister Lucas Papademos told an Italian interviewer that the country may need a third bailout package from fellow Eurozone members, even though the country will do everything it ...
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Philly Fed President Warns of Treacherous Path

Philadelphia Federal Reserve Bank President Charles Plosser said today that he does not believe that US monetary policy would be well-served by further accommodation. Additional Fed bond purchases “could lead ...
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IEA Promises Will Act on Oil Prices

The executive director of International Energy Agency has released a statement this morning that is pushing crude prices down further today: The oil market has been tightening in recent months; ...
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Obama Speech Attacks Oil & Gas Subsidies (XOM, VLO, CHK, FSLR, USO)

In a "we versus them" speech today, President Obama again called for the end of subsidies for oil and gas companies.  His speech talked about the global opportunities that the ...
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US, European Economic Growth on Different Trajectories

The Organization for Economic Cooperation and Development (OECD) has released its latest economic assessment for the G7 group of the world’s largest developed economies. The OECD expects economic growth of ...
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Supreme Court Tackles Individual Mandate

The US Supreme Court this morning listened to arguments related to the individual mandate provision of the health care reform act, or Obamacare. The court has three clear options: one, ...
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US, UK, France Considering Crude Release

The chatter is heating up that the US, the UK, and France are considering a co-ordinated release of crude oil from their strategic reserves. Last year during the turmoil in ...
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Obama Loses Support On Energy–Reuters/Ipsos

Energy prices have begun to smother President Obama’s popularity. A new Reuters/Ipsos shows that 68% of Americans do not approve of how Obama has handled the gas price crisis. Reuters ...
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Supreme Court Could Be Lining Up Against Obamacare

In a second day of argument, the US Supreme Court today seemed to indicate that the majority of justices are coming down against the individual mandate in the health care ...
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