[email_link] Call it President Obama’s Committee for the Re-Election of the President — a political slush fund at the Health and Human Services Department. Only this isn’t some little fund from shadowy private sources; this is taxpayer money, redirected to help Obama win another term. A massive amount of it, too — $8.3 billion. Yes,…
[email_link] We have been telling you that no longer can you just throw darts at the tape and make money…that fewer and fewer stocks and sectors were participating in the upside…and that in certain corners of the market, things were downright bearish. Well…heading into the “end of month window dressing ” week, not much has…
[email_link] Don’t you just love these people? Another in a long line of fabulous allocaters of capital! The upcoming United Nations environmental conference on sustainable development will consider a breathtaking array of carbon taxes, transfers of trillions of dollars from wealthy countries to poor ones, and new spending programs to guarantee that populations around the…
[email_link] Former Obama administration adviser Van Jones said the country should re-elect President Barack Obama to “stop the tea party” because former Massachusetts Gov. Mitt Romney would “govern as a tea party president.” Jones also said that some of Obama’s supporters misunderstood Obama as a “social movement leader” after his victory in the 2008 presidential race rather than as “head of…
[email_link] Let’s see: Delta/Northwest…Continental/United…US Air/America West…now AMR…Southwest/Airtran… We are screwed…prices will only go up. (MoneyWatch) US Airways (LCC) has filed an 8K with the SEC to begin the process of a takeover of American Airlines, which is currently in Chapter 11 bankruptcy. According to the SEC, Form 8-K is the ‘current report’ companies file with the SEC…
[email_link] Just sickening to watch! Barack Obama’s reelection campaign has released the most recent list of names of fundraising bundlers. On that list is Jon Corzine, the former governor of New Jersey and embattled money man, the former head of MF Global: Continued SOURCE: http://www.weeklystandard.com
[email_link] The Congressional Budget Office said Thursday that 45 million people in 2011 received Supplemental Nutrition Assistance Program benefits, a 70% increase from 2007. It said the number of people receiving the benefits, commonly known as food stamps, would continue growing until 2014. Spending for the program, not including administrative costs, rose to $72 billion in 2011, up from…
[email_link] “GOVERNMENT IS A TRUST, AND THE OFFICERS OF THE GOVERNMENT ARE TRUSTEES, AND THE BOTH, THE TRUST AND THE TRUSTEES ARE CREATED FOR THE BENEFIT OF THE PEOPLE!” – HENRY CLAY Tim Geithner is our Treasury Secretary. Before I say another word, this is what their own website says about the job of…
[email_link] Dick Clark, the music industry maverick, longtime TV host and powerhouse producer who changed the way we listened to pop music with “American Bandstand,” and whose trademark “Rockin’ Eve” became a fixture of New Year’s celebrations, died today at the age of 82. Continued SOURCE: http://abcnews.go.com/Entertainment/dick-clark-entertainment-icon-nicknamed-americas-oldest-teenager/story?id=16076252
[email_link] Banks are complicated, and especially in this age of too-big-to-fail, they often house a number of thorny practices under one roof – practices that, as we learned the hard way in the fall of 2008, can be difficult to regulate. Click here to see the convoluted system that has evolved. SOURCE: http://www.thefiscaltimes.com
