[email_link] In May 2007, when Barack Obama was but an upstart challenger of Hillary Clinton, he attended a gathering of several dozen hedge fund managers hosted by Goldman Sachs at the Museum of Modern Art in New York. It was not a fund-raiser, just a chance for Obama to introduce himself to the investment wizards…
[email_link] Just an unbelievable waste of taxpayer dollars yet this President complains about $4 billion in subsidies to oil companies that actually provide something. Read this: In keeping with the recent trend of so-called green companies going into the red, another solar energy company supported by President Obama’s top administration officials declared bankruptcy today. Solar Trust…
[email_link] Sherlock Holmes is back. We’re not talking Robert Downey Jr., but rather Howard Schilit, 60, arguably America’s pre-eminent forensic accountant. The author of the best-selling Financial Shenanigans: How to Detect Accounting Gimmicks & Fraud in Financial Reports has returned from a five-year retirement. In the booming stock market of the 1990s and early 2000s, Schilit was…
[email_link] Continued SOURCE: http://www.bloomberg.com
[email_link] I think its time to coin a new term for the smatphones and in fact all mobile phone ‘handsets’ industry about the biggest danger in this industry? The Cliff. The sudden comprehensive collapse of the business. Why does this happen in mobile and at rates – I mean the speed in terms of timing of…
[email_link] Washington —The United States has ended a 30-year tax subsidy for corn-based ethanol that cost taxpayers $6 billion annually, and ended a tariff on imported Brazilian ethanol. Congress adjourned for the year on Friday, failing to extend the tax break that’s drawn a wide variety of critics on Capitol Hill, including Sens. Tom Coburn,…
[email_link] Each Chevy Volt sold thus far may have as much as $250,000 in state and federal dollars in incentives behind it – a total of $3 billion altogether, according to an analysis by James Hohman, assistant director of fiscal policy at the Mackinac Center for Public Policy. Continued SOURCE: http://www.michigancapitolconfidential.com
[email_link] SOURCE: http://www.coburn.senate.gov/public/index.cfm?a=Files.Serve&File_id=b69a6ebd-7ebe-41b7-bb03-c25a5e194365
[email_link] I have been sitting here and asking myself for a couple of weeks: “Where is the jam into the end of the year?” After all, we all know how life works in the market. At the end of every month, more at the end of every quarter…and especially at the end of the year,…
[email_link] Notice the big drop since in the past 2-3 years. Go back to 66% civilian participation and the unemployment rate skyrockets. If the job market was indeed getting better, this chart would not be diving. Or maybe the ATMs are the culprit.
