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...
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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...
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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,...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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