Politics
Politics Articles
China’s premier made some pointed remarks about the US economy and its appetite for increasing the national deficit in order to save the American way of life. The fallout from his observations...
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A new Reuters poll of economists does not offer much hope for an improvement in the nation’s financial condition. Many see unemployment topping 10%. The news service reports that “Median...
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We are seeing massive gap-ups this morning in stem cell stocks. President Obama is signing an executive order that will lift the Bush ban on funding of embryonic stem cell funding. What is...
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It is a devilishly clever plan. The federal government proposes to raise taxes on hedge funds and private equity firms. Once that it accomplished, the Administration wants these same firms to invest...
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Many analysts, economists, traders, and the like have blamed some of President Obama’s new plans and some of the proposed actions out of Congress as contributing to the recent sell-off. But...
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A fine way to hold onto your job and move up in the world is to hold true the maxim of “under promise, over deliver.” When President Obama runs for reelection, we may find that he has...
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On reading Warren Buffett’s much-anticipated letter to Berkshire Hathaway’s shareholders, one can’t avoid being struck by his faith in the ability of the American people to overcome adversity...
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The proposed budget that the Administration released yesterday runs 184 pages, if the sections called “Notes”, which are blank pages for calculations and thoughts, and the order page where...
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Since President Obama’s pseudo-state of the union speech earlier this week, green industry players have been singing hallelujahs. For example, a coalition of investors named Ceres (ceres.org)...
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Ben Bernanke will again be front and center today. He is testifying before the House Financial Services Committee, but as usual the prepared remarks look identical to yesterday’s prepared remarks...
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President Obama’s speech to a joint session of Congress may be one of the best political speeches of the last few decades. It will certainly be remembered for its cadence, passion, and a degree of...
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As Chairman of the Federal Reserve, Ben Bernanke is still a powerful and influential figure whether he is considered a “legacy” of the Bush administration or not. Unlike Geithner, Bernanke is...
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The $797 billion economic stimulus bill signed by the president last week includes about $8 billion to $9 billion in federal money to push research and development on clean energy. While that’s...
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It is a noble idea, but it probably will not work. The President aims to cut the deficit in half by 2013. To accomplish this, he plans to take out of the budget money being spent to keep the...
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California has decided to demonstrate how quickly a state can dig a hole and swallow up most of the money the national stimulus package is supposed to put into its local economy through municipal...
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