Politics

Politics Articles

Larry Summers is gone now. His two years of duty as the head of the National Economic Council are over. He will return to Harvard, where he was once kicked out as President, to become a professor. He...
Dr. Lawrence H. Summers, Director of the National Economic Council, will leave The White House later this year to return to the place of his former glory–Harvard University. He was once president...
How do you celebrate a deficit of $90.53 billion for a single month?  That is what the market is supposed to do for the August deficit.  A report from the Treasury Department was expected to be...
President Obama has presented a series of proposals for new programs that he says will help restart the economy. The president may be absolutely right, but he knows that odds that the legislation...
Andrew Ross Sorkin of the New York Times today waxed eloquently on how quickly President Obama’s friends on Wall Street deserted him.  It was remarkable, however, that they stood by him as long as...
Stem cell stocks are getting hit pretty hard this Tuesday.  On Monday came a ruling from a U.S. district judge which effectively blocks the federal government from funding research which involves...
Petroleo Brasileiro (NYSE: PBR), or Petrobras, is in a jam.  This huge secondary offering of shares has run into snag after snag.  Brazilian politics is also in the mix.  The deal was first said...
An international policy network called the Renewable Energy Policy Network for the 21st Century, or REN21, has released its global status report for 2010. Made up of representatives of industry,...
Give taxpayers a shot at GM’s IPO shares! That is, assuming anyone wants the shares.  There has been an interesting development of late in the General Motors public offering.  It revolves making...
The governor of Texas and the state’s Land Commissioner have filed suit in federal court in Houston that would block the second attempt by the federal government to impose a six-month ban on...
Target Corp.  (NYSE: TGT) and Best Buy Co (NYSE: BBY)  tried to suck up to State Rep. Ron Emmer,  a conservative Republican who has a good chance of becoming the next governor of their home state...
The corn ethanol industry in the US has received some $41 billion in federal subsidies since 1980. This year alone, federal subsidies are expected to total about $7.6 billion. As the federal budget...
When President Obama took office he said that one of his priorities as to devise a US energy policy that would reduce the country’s dependence on imported oil and launch the US on a path to...
The ruling Japanese party, the Democratic Party of Japan (DPJ), lost its control of the upper house of the nation’s legislature. The results may make it harder for the DPJ to push forward it...
Japan’s new ruling party says that the country’s budget will be balanced by 2020 and that massive bond sales to cover the country’s large sovereign debt will become less and less necessary....