Politics
Politics Articles
The speculation over the fate of Treasury Secretary Tim Geithner and Fed chief Ben Bernanke has grown as Congress has become more troubled by rising federal deficits and unemployment. The $787...
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The federal budget calls for the United States to make $700 billion in interest payments on the national debt in 2019, about $500 billion more that the government will make this year. The New York...
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U.S. Treasury Secretary Timothy Geithner spoke this morning and has effectively called for banks which have received government bail-out funds to boost their lending activities. Geithner noted that...
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Earlier today came the results from a highly awaited $16 billion 30-Year Treasury bond auction… the famed ‘Long Bond.’ The 30-Year yield went out to buyers at 4.469%, just over 0.04% or 4...
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Jon Corzine recently lost the gubernatorial race in New Jersey. He is also a very wealthy Wall Streeter that is a former disciple of Goldman Sachs Group Inc. (NYSE: GS). He is also a democrat...
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We are seeing at least some significant moves from the company’s who have announced that they are grant recipients under part of the $3.4 billion Smart Grid pledge from the Obama administration...
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by Christopher Flavelle, ProPublica Federal agencies have now spent more than $100 billion on contracts, grants, loans, and entitlements, according to Recovery.gov, the site mandated by Congress to...
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The FOMC is expected to give us a decision on interest rates this Wednesday, September 23 around 2:15 PM EST. One tool we prefer to use for determining the direction of Fed Funds is long standing...
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We previously noted how First Solar, Inc. (NASDAQ: FSLR) had scored on its new CEO. Robert J. Gillette is coming out of Honeywell International Inc. (NYSE: HON) to take over for founder Michael...
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Eighty-one million people visited federal government websites in July which is about four out of ten people on the Internet in America. There are several notable trends when the traffic is broken...
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Bill Gross is co-CIO for arguably the most influential bond management firm in the U.S. PIMCO is the biggest ax in the bond market of the bond management firms, and Gross’ outlook for what lies...
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The Times of London claims that people within the British government turned over convicted Lockerbie bombing participant Abdelbaset Ali Mohmed al-Megrahi to Libya as part of an attempt to secure a...
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Part of the $787 billion stimulus package is $28 billion set aside to improve the nation’s broadband infrastructure. According to USA Today, some of the applications are 500 pages long. The...
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The US Postal Service may be able to drive up the national rate of unemployment all on its own. The USPS will offer 30,000 workers buyouts. It has 650,000 workers, so that number is not as...
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The Congressional Budget Office and The White House both offered appraisals of the federal deficit for the next 10 years. Each analysis yielded alarming numbers. The CBO figures estimated that the...
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