[email_link] “George Bush felt it was appropriate to release the names of his bundlers. John McCain did. But not Mitt Romney. Why did George Bush and John McCain release multiple years of tax returns, but not Mitt Romney? Why did Mitt Romney leave Massachusetts government with the hard drives from his computers, and why did his senior…
[email_link] Two years after President Barack Obama vowed to eliminate the danger of financial institutions becoming “too big to fail,” the nation’s largest banks are bigger than they were before the credit crisis. Five banks — JPMorgan Chase & Co. (JPM), Bank of America Corp., Citigroup Inc., Wells Fargo & Co., and Goldman Sachs Group Inc. —…
[email_link] Market remains in corrective mode. Last week’s report was titled “DETERIORATION!” Until the Fed intervened, the market was getting in more trouble. How did they intervene? They sent three fedheads out to tell everyone that more QE is on the table, leading to Thursday’s sharp move. But that didn’t last long. You see, the…
[email_link] THE euro crisis flared up in early April after three months of relative calm as banks got a trillion-euro helping hand from the European Central Bank. Spanish bond yields jumped on fears that Spain – the fourth biggest economy in the euro area – might be forced to follow much smaller Greece, Ireland and…
[email_link] https://archives.warpradio.com/btr/InvestorsEdge/041318.mp3 JUST LETTING YOU KNOW Lots of Red I don’t like the way Europe is trading. I follow the German DAX very closely and it was down 160 today and it was very poor action. Not the mention the CAC out of France, and the FTSE in London. Very bad. As you know, yesterday…
[email_link] The most full of crap columnist I have ever seen. This same person was popping blood vessels over Bush’s $300 billion deficit but now says $1 trillion-plus deficits are good…and that we need more. An incredible hypocrite of the highest order. Wakes up each morning asking himself how he can make someone look bad….
[email_link] The low interest rate ‘logic’ is not working and “the economy can’t gain any zest, can’t gain any vigor” is how Michael Steinhardt describes the crushing of ‘widows and orphans’ that the Fed has embarked upon. In a Bloomberg TV interview, the WisdomTree chairman notes the broad ‘pall’ over the equity markets (conjuring images of a…
[email_link] WASHINGTON — Janet L. Yellen, the vice chairwoman of the Federal Reserve, said Wednesday that the lackluster trajectory of the economic recovery might require the Fed to continue its efforts to bolster growth even beyond the end of 2014. …She said that one economic model used by the Fed suggested that interest rates should be held…
[email_link] The Buffett Tax, because it won’t raise revenue, should be understood mostly as Election-Year demagoguery. And like most demagoguery, it is not well grounded in facts. The basic argument is that the rich don’t pay their fair share in taxes. Rather than data, President Obama relies on anecdote — that Warren Buffett supposedly pays…
[email_link] Have you got your schedule C in order? Have you hunted down all your receipts? Have you made sure to count the depreciation on your laptop and the percentage of your cable bill attributable to your home office expense? And what about those education credits?After all, it’s not like you have anything else to…
