Politics
Politics Articles
Credit rating agency opinions always provide the steps a company or government needs to take in order to improve its grade. Standard & Poor’s rating action on the U.S., which downgraded the...
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On the day that the US lost its Aaa credit rating as determined by S&P and as Europe tried to calm the markets about the risks of Spain’s and Italy’s sovereign debt, the US Postal Service...
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The sole US provider of low-enriched uranium fuel for nuclear power plants is in serious trouble. USEC Inc. (NYSE: USU) shares have fallen more than -12% this morning and posted another new 52-week...
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Just as the U.S. government is being criticized for a huge deficit and an inability to control its growth, the cost the Treasury spends to raise money has fallen sharply. It is an example of bad...
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“Read my lips: no new taxes”–George H. W. Bush at the 1988 Republican National Convention The final budget bill crafted to allow an increase in the debt cap will be shy one thing: There will be...
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The U.S. Postal Service is considering the closure of 3,653 retail offices — that’s one out of every ten in the country. Much of the conversation has focused on the effects this action will have...
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Six days before the United States will have insufficient funds to pay all its creditors, Republicans and Democrats have yet to reach an agreement on how to avoid default and obviate a momentous...
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With the U.S. Postal Service possibly closing 3,653 facilities, much of the conversation has focused on the effect the action will have on the rural mail system. The actual list shows otherwise....
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The lunacy of the behavior of Congress and the White House has made the decisions of what investors, companies and local governments, which depend on the nation's Aaa rating, should do all the more...
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President Obama has signaled that he may accept a “short term” solution to matters that have blocked Congress from raising the debt ceiling. The problems is that short term solutions often lead...
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Senator Tom Coburn of Oklahoma spent most of Sunday promoting his plan to transform the U.S. budget on network TV. He released the 600-page proposal today. It was not worth the wait. His proposal...
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The European Banking Authority has published the results of its 2011 stress test of 90 banks in 21 countries in the Euro-area. While the aim is “to assess the resilience of the banks involved in...
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In an action that the markets are likely to ignore until the US gets much closer to the August 2 deadline to raise the debt ceiling, Moody’s put America’s Aaa rating on review for possible...
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Today’s FOMC Minutes from the June 21 to 22 Fed meeting may have had a small impact in the markets today, but the real question is whether or not two-week old data should matter when a mountain of...
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By now, the term “PIIGS” is rather well-known due to debt woes and economic woes of Portugal, Ireland, Italy, Greece, and Spain. French banks have been considered as having above-average...
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