[email_link] (CNSNews.com) – The federal government spent $27 million teaching Moroccans how to make pottery, a project that yielded less than stellar results, according to Sen. Tom Coburn’s recently released Waste Book 2012. Some pottery students showed up just to get the free lunches, and one pottery class reported just 10 regular students, according to information…
[email_link] …LOBBYISTS-DONATIONS-POLITICIANS-UNDESERVING COMPANIES WITH TIES TO ALL! Even as advanced battery maker A123 Systems struggled for financial viability, it played the Washington insider game, where political money and access go hand in hand. The Massachusetts firm dished out nearly $1 million to hire a powerhouse lobbying firm with close ties to President Barack Obama between 2007 and…
[email_link] Chancellor Angela Merkel said on Tuesday Germany needs to stimulate domestic economic demand and urged opposition parties to stop blocking proposed tax cuts in the upper house of Parliament. Merkel told business leaders Germany should end the automatic progression of workers into ever higher tax brackets due to inflation, which siphons more than 20 billion…
[email_link] In the wake of the Treasury Department’s newly released summary of federal spending for 2012, it’s now possible to detail just how profligate the Obama years have been. Here’s the upshot: Under Obama, for every $7 we’ve had, we’ve spent nearly $11 (or, to be more exact, $10.95). That’s like a family that makes $70,000 a…
[email_link] The government spent approximately $1.03 trillion on 83 means-tested federal welfare programs in fiscal year 2011 alone — a price tag that makes welfare that year the government’s largest expenditure, according to new data released by the Republican side of the Senate Budget Committee. Continued SOURCE: http://dailycaller.com
Futures down as Euro pulls back… I am less than thrilled with the action in growth stocks. Money flows have gone into areas like the commodities off the bottom, the financials where Einstein couldn’t figure out their opaque accounting, housing…which remains in a bull as they refuse to break the 50 day…and industrial types. Regardless…
The service may start probing some commodity names…but after 3 days up, need a pullback first. Seeing a lot of names turning corner like RIO,BHP…and a couple that may lead like a SCCO. Right now, just continue to see better r/s in these areas as well as foreign markets. The problem I am having…
[email_link] https://archives.warpradio.com/btr/InvestorsEdge/101718.mp3 JUST LETTING YOU KNOW I received a lot of emails on the debate last night. I was on Twitter and being my usual sarcastic self. How do I put this? Well first, obviously from your emails, nothing has changed in the con-artist corrupt media. We know what Candy Crowley did and tried to…
IBM,INTC,ISRG,LLTC,FTNT,APOL,SWK,CHKP,STJ,DGX,TXT all gapping down. CREE,MANH,URI gapping up…but S&P futures still up…NASDAQ futures down. Why is S&P up? The dollar getting wacked again…thus the commodity areas/foreign markets are up. I have told you in recent days that I am seeing better r/s in foreign markets for the first time in months and months…because the Euro is…
[email_link] https://archives.warpradio.com/btr/InvestorsEdge/101618.mp3 JUST LETTING YOU KNOW When you have a chance, go look at a chart of the S&P 500. All that happened here was that the market got extended, pulled back into the 50-day moving average, sat on it for a day and a morning and rallied off of it. The Dow did the…
