Hey all, I was contacted recently by a company that has created a really compelling way to keep track of the top stocks and I wanted to share it with you. Full disclosure, they gave me the app for free to review, and I haven’t fully dug into it, but from what I’ve seen of [...]
As promised in his last State of the Union speech… From Politico: Stepping firmly onto Republican turf, President Barack Obama will announce Friday that he will ask Congress for the power to merge agencies to streamline government and improve efficiency. First up on his list: the elimination of the Commerce Department and the Small Business [...]
And he raised quite a bit in Q4 2011. From The Hill… Mitt Romney followed up an easy victory in the New Hampshire primary by announcing he raised $24 million in the last three months of 2012, further establishing himself as the candidate to defeat in the GOP presidential race. The total is the strongest [...]
After Warren Buffett spoke out about taxing the rich more, the rich were polled and overwhelmingly agreed with the billionaire. Here’s more from Wall Street Journal: A new survey from Spectrem Group found that 68% of millionaires (those with investments of $1 million or more) support raising taxes on those with $1 million or more [...]
Not that this is any surprise. Usually when flat tax proposals are put out there, this is the common thread. The rich get a massive tax break and the middle class get the shaft. Here are the numbers… The old system would be replaced by the nines: – A flat 9 percent income tax for [...]
Dylan Ratigan wants to get money COMPLETELY out of politics. Not just corporate money or soft money…ALL money. Pretty bold. But when you consider his stat, which is the title of this post, it’s pretty sobering to consider how much of a vice grip money has on how our political system is shaped. Because it’s [...]
A very sobering piece to write, no doubt, but needed nonetheless. Especially when you consider the revised GDP numbers from 2008. From Frum Forum: Two years ago, Commerce estimated the decline of the US economy at -0.5% in the third quarter of 2008 and -3.8% in the fourth quarter. It now puts the damage at [...]
In an op-ed I HOPE will get picked up across the country, Henry Bloch explains why taxes need to be raised on the rich ASAP. From KC Star: I do not understand some Republicans’ resistance to the idea of tax increases on the wealthy. The argument we have been hearing from some politicians about the [...]
This is one of those times that I don’t know if this is a brilliant political move or absolutely foolish. Wash Post has details… It works like this: The plan “would give the President the ability to request smaller increases in the debt ceiling — coupled with proposed spending cuts of at least $2.5 trillion [...]
You can’t look at today’s news and do anything but wince. 18,000 jobs created and the numbers in April and May were revised downward. Unpacking the numbers a bit, 57,000 private sector jobs were created, while budget cuts pushed 39,000 folks out of work in the public sector. So how are businesses doing? Quite well… [...]
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