Economy
Deflation Cometh
Until the recent stock market correction, most people viewed the financial crisis as a thing of the past. The question became ‘how slow or fast will the recovery be’ not ‘IF we will recover at all.’ There’s a few headwinds... (more...)
The Patsy Generation: How The Government Sticks It To The Young
Patsy: [n] chump: a person who is gullible and easy to take advantage of wordnetweb.princeton.edu/perl/webwn The men and women who braved the Great Depression and went on to fight World War II, ridding the world of the evils of fascism are known as... (more...)
Five Reasons Home Prices May Slump For Years
While the stock market has shot up over the past year, and many expect the economy to rebound, housing has continued to slump. Nationwide, most people who are currently buying expect their home to appreciate over time, and there are many sellers awaiting... (more...)
Economy Turning A New Corner [Cartoon]
2011 Tax Increases = -6% Drop in GDP?
I read an interesting article by John Mauldin today, in which he mentions that the 2011 tax increases (mainly letting the Bush tax cuts expire) will amount to about an extra 2% increase in tax revenue in relation to GDP. Taxes may be going up by as much... (more...)
Obama: Drill Maybe Drill [Cartoon]
The Battled Sirius Star SIRI
Sirius XM Radio Inc. (Nasdaq:SIRI) is struggling again. With all the good news that has come out recently about Sirius XM Radio, ( Nasdaq : Siri ) the stock has still yet to stay over 1.00 long enough to void delisting. Granted the big wigs over at Sirius... (more...)
CBO: Obama underestimated deficit by $1.2 trillion
The Congressional Budget Office reported Friday that President Barack Obama’s budget would increase the U.S. deficit in the period from 2011 to 2020 by $1.2 trillion more than the White House has claimed: The CBO report fueled immediate criticism... (more...)
Are you ready for $7 gasoline?
If the true believers of The Church of Anthropogenic Global Warming have their way, it could cost well over $100 to fill the average vehicle’s tank: To meet the Obama administration’s targets for cutting greenhouse gas emissions, some researchers... (more...)
Sirius XM Radio Nasdaq : SIRI Pushing Towards One Dollar
Sirius XM Radio Inc.’s stock, Nasdaq:SIRI, is up again Monday to .91, up from .05 just a year ago. Sirius radio was once feared of going bankrupt, now seems to have all severe debt problems behind them and are moving in the right direction. Sirius... (more...)
Obama Proposes ‘A Budget Too Far’
Just days after President Obama said that cutting the budget deficit was as important as creating jobs, he submitted a proposed record budget that will escalate the US budget deficit by at least $100 billion dollars. The president’s $3.8 trillion... (more...)
Sirius Radio’s Stock Nasdaq: SIRI up 25% in one Month
( Nasdaq: SIRI) is up 25% over a one month period. Sirius XM Radio’s stock has been up 25% when in the same time, the DOW is down 3%, and the Nasdaq is almost down 4%. It has been not been a bright for stocks, specifically bank stocks which are... (more...)
Fox News Will be the Most Watched Network Tonight
Yep… Fox News, the most trusted name in news. No really, read this. The network that pushes the most opposition to the current president always gets a ratings bump. MSNBC actually did respectable ratings when George W. Bush was hated by most of... (more...)
What is the Export-Import Bank of the US and why is it so powerful?
If you have not heard of the Export-Import Bank of the United States Federal Government you are not alone. This institution provides credit to foreign countries and companies that are looking to purchase American made or operated products. They extend... (more...)
Another real reason for the Afghanistan/Pakistan war
In what may be an early move toward a Turkmenistan-Afghanistan-Pakistan-India natural gas pipeline, officials in Washington are putting pressure on the Pakistan central government to allow agricultural goods to pass through Pakistan on their journey from... (more...)
Most Popular in Economy
- Benevolent Federal programs, the subsidizing of the arts and their opposition
- Russia opens oil port that will supply China Japan and South Korea
- Another real reason for the Afghanistan/Pakistan war
- What is the Export-Import Bank of the US and why is it so powerful?
- Fox News Will be the Most Watched Network Tonight
- United States: Soon to be a country without a currency?
- Will there be another sucker rally for the US dollar?
- Review of Ron Paul’s End the Fed
- Five Reasons Home Prices May Slump For Years
- Google ( NASDAQ: GOOG ) is King for a Reason
