Politics

Politics Articles

thinkstockThis weekend, something new surfaced in the battle of the federal budget. President Obama suggested something that until recently was unthinkable. Cuts in entitlements, which includes...
ThinkstockGovernor Rick Snyder of Michigan said today that he will in fact appoint an emergency financial manager for the city of Detroit. He said he has a candidate in mind but did not name that...
ThinkstockAlthough same-sex marriage is now legal in nine U.S. states and the District of Columbia, it is still illegal in the United States. And for the purposes of filing a federal tax return,...
ThinkstockFor more than a year now, the big story about Glencore International Ltd. has been its effort to take over mining company Xstrata. But an exclusive report at Reuters today could change all...
Mayor Dave Bing of Detroit has told a press conference today that Michigan Governor Rick Snyder will announce tomorrow his decision on hiring an emergency financial manager for the city. Bing did not...
ThinkstockIf most Americans had ever heard the term “sequester” before last fall, they probably thought it meant something like entering a monastery or convent. But in the doublespeak of the...
ThinkstockAs would be expected, the fiasco caused by national elections in Italy have raised borrowing costs. Bickering over which party should control the government could go on for weeks. New...
Jon Ogg24/7 Wall St. has covered the coming spending sequestration and many of the threats and warnings that have come with the day of reckoning now looming and seeming almost unavoidable. President...
ThinkstockMost media and analysts of Congress and the White House believe that budget cuts set to go into effect on March 1 will hurt the economy. Tens of thousand of government workers will have to...
thinkstockIn an effort to up the ante on budget cut battles with Congress, the White House has released an analysis of state-by-state effects. The release may rally governors to the side of the...
ThinkstockAfter U.S. markets closed today, Moody’s Investors Service cut its ratings on U.K. domestic- and foreign-currency government bonds from ‘Aaa’ to ‘Aa1’. The ratings agency also...
ThinkstockThis weekend will bring the election of the next prime minister in Italy. Worrying about what is happening in Italy, Greece, Spain and the rest of the PIIGS feels “so-2012,” but anyone...
ThinkstockThe masses in one European nation once again demonstrated that government attempts to close deficits through austerity only work if people work. Greeks staged a large national strike to...
courtesy of Adrian Pingstone, via Wikimedia CommonsDetroit will go under, probably in a matter of weeks. In this case, the end can be defined as the appointment of an emergency financial manager by...
ThinkstockRecent cyber attacks on the Federal Reserve, The New York Times, and the Washington Post have raised the spectre of a new brand of warfare — cyber war. In a recent study conducted by two...