Economy

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...)

Posted on Mar 6 2010 | 1 comment | Written by Josh Painter

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...)

Posted on Mar 4 2010 | 1 comment | Written by Josh Painter

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...)

Posted on Feb 2 2010 | 0 comments | Written by Alexander Nobles

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...)

Posted on Feb 1 2010 | 3 comments | Written by Josh Painter

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...)

Posted on Jan 27 2010 | 2 comments | Written by Alexander Nobles

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...)

Posted on Jan 27 2010 | 1 comment | Written by Alexander Nobles

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...)

Posted on Jan 22 2010 | 0 comments | Written by Shaun Booth

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...)

Posted on Jan 14 2010 | 0 comments | Written by Shaun Booth

Sirius Quarterly Results SIRI Look Impressive

Sirius Quarterly Results SIRI Look Impressive: Fourth Quarter Sirius XM Radio Inc ( Nasdaq : SIRI ) results look to be impressive. In the seemingly impossible comeback of 2009, Sirius XM is posed for a strong fourth quarter earning posting. Advertisements... (more...)

Posted on Jan 13 2010 | 5 comments | Written by Alexander Nobles

Russia opens oil port that will supply China Japan and South Korea

Last week Russian Prime Minister Vladimir Putin attended the ceremonial opening of what will become Russia’s third largest oil port. The port is on the Pacific Coast of Siberian Russia, just north of South Korea and Japan. The port will serve as the... (more...)

Posted on Jan 8 2010 | 0 comments | Written by Shaun Booth

Sirius XM Radio Inc.(NASDAQ:SIRI) Can Rebound

Technology is ever changing; the love for music is not. How we have listened to music has changed, but the passion and the lust for more will be ongoing. Nothing can cheer a person up, or make them weep as easily as a simple song can. Internet piracy... (more...)

Posted on Jan 7 2010 | 0 comments | Written by Alexander Nobles

Google ( NASDAQ: GOOG ) is King for a Reason

There really is a reason why Google ( GOOG‎ – Google Inc.) stays on top of the internet search business. Months ago people seemed to be overly concerned with what bing would do to the search industry… turned out to be nothing. As a webmaster,... (more...)

Posted on Jan 7 2010 | 4 comments | Written by Alexander Nobles

Benevolent Federal programs, the subsidizing of the arts and their opposition

The perception and I believe in some ways it is a fair perception that Republicans want to allow the wealthy to retain all of their earning so they will have more capital to purchase Hummers and McMansions. While that may be true to some extent unfortunately... (more...)

Posted on Dec 10 2009 | 0 comments | Written by Shaun Booth

Will there be another sucker rally for the US dollar?

It seems inflation fears have been reaching new heights week after week. And commodity prices, particularly oil and gold have recently hit 52 week highs leaving many bear investors to wonder just how the suckers rally on Wall Street will ever come to... (more...)

Posted on Oct 28 2009 | 2 comments | Written by Shaun Booth

United States: Soon to be a country without a currency?

The world’s financial markets have been experiencing a perfect storm that has lead in recent days to the surge of oil and gold prices. There are several elements to the storm. The first and perhaps most compelling is the rumor of the Arab Gulf countries... (more...)

Posted on Oct 7 2009 | 2 comments | Written by Shaun Booth
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