What? $105.4 billion in change in tax receipts in one month? Please tell me I'm reading this wrong. My current estimate is about $2 trillion for Calendar Year 2011; this would boost that to near $2.5 trillion!
Lawmakers and market analysts are expressing rising concerns that a demand for capital by earthquake-ravaged Japan could lead it to sell off its huge holdings of US-issued debt, leaving the federal government in an tighter financial pinch.
Is the stock market in yet another bubble formation?
Bubble formation? That would imply dizzying heights and froth. It would suggest frenzied price action and stocks with little revenue (if any) and no earnings trading at huge multiples of sales or
With recovery supposedly at hand, and the financial crisis over thanks to Ben and Timmy, I wonder why they would enact unlimited FDIC coverage for what sounds like checking accounts and commercial clearing accounts.
This is now officially the worst housing crash since the Great Depression. Putting aside hyperbole new home sales fell 80 percent from 1929 to 1932. Those years, if you know a bit of history were not model years for the U.S. economy.
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In the freezer section of the grocery store, there’s Vanilla Bean, French Vanilla, and yet another vanilla flavor called Homemade Vanilla. Now, come on! I’m in the store here, looking at rows and rows of commercial products produced by a vast capital
When the world is in turmoil, investors have usually had one automatic response: Put money into dollars, viewed as the global safe harbor. But that’s not happening in this tumultuous year. Even with the Middle East in conflict, Japan in disarray afte
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The state budget squeeze is fast becoming a city budget squeeze, as struggling states around the nation plan deep cuts in aid to cities and local governments that will almost certainly result in more service cuts, layoffs and local tax increases.
Look at the themes Jessen stresses: control, dependency, compliance and cooperation. To use one pet example, why are people so apathetic in the wake of widespread abuses by banks, first the extortions that took place during the bailouts, and now...
What are we going to do with higher taxes looming? And higher grocery bills, higher utility bills and higher college costs?
This whole state budget thing around the country -- and especially in Pennsylvania -- is going to leave a lot of people wonde
“If economic growth is not the same as wellbeing, and continued growth is decreasing wellbeing, what should we do? The most critical step is to change the goal. Citizens need to recognize that economic growth is no longer an appropriate goal.
I want to know how crashing your own piggy bank is worthwhile?
Let me ask you this:
Who owns a large portion of the money in banks?
Who owns a large portion of the dollars in Wall Street?
You do – you evil, fat cat, greedy,
If the coalition succeeds in killing Muammar Gaddafi, it will inevitably mean more ethnic and tribal conflict, which could lead to civil war, Rockwell said – which is exactly what the US needs to control the oil-rich parts of Libya.
We’re not broke. Not at all. If we were, it would mean that we were out of money, unable to pay our bills, or meet our financial obligations. We are none of those things. The US continues to meet every one of its financial obligations with no trouble
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