Happy New Year to all of our Investment Contrarians readers! In 2012, small-cap stocks were the second-best performing group, following the technology sector. The Russell 2000 was the top performer in December and has been since the end of the fir
Obama: "We can’t simply cut our way to prosperity. Cutting spending has to go hand-in-hand with further reforms to our tax code so that the wealthiest corporations and individuals can’t take advantage of loopholes and deductions that aren’t available
President Obama is back in Hawaii for taxpayer paid vacation after a tense, end-of-the-new-year standoff with Congress over the fiscal cliff. The president arrived early Wednesday morning, without signing the fiscal cliff bill.
According to the Congressional Budget Office, the last-minute fiscal cliff deal cuts only $15 billion in spending while increasing tax revenues by $620 billion—a 41:1 ratio of tax increases to spending cuts.
The Senate deal to avoid the "fiscal cliff" will add roughly $4 trillion to the deficit when compared to current law, according to new numbers from the Congressional Budget Office (CBO).
The financial sector promises that privatizing roads and ports, water and sewer systems, bus and railroad lines (on credit, of course) is more efficient and will lower the prices charged for their services.
Personally I think we should of went off the “Fiscal Cliff”.
First, the legalized gangsters in the nation's toilet raised the debt ceiling at the 11th hour so that the US government can borrow more and spend more, in spite of the looming budget carnage. Then they partied down into the wee hours of New Year's E
Douglas Merrill’s sister-in-law Vicki needed new snow tires. Without them, the single mother of three, who was going to school while also working full-time, couldn’t get to work. She’d lose her job.
In analyzing the last EIA report of the year it is noteworthy that gasoline stocks really rose the last 5 weeks of the year.
As the "fiscal cliff" of tax hikes and spending cuts draws closer, anti-tax crusader Grover Norquist repeated his call on CNBC's "Closing Bell"for spending cuts instead of tax increases to deal with the country's fiscal problems.
As we slide into the end of yet another year in which the nominal price of gold has posted a positive return, I thought it would be interesting to take a look back on history to get a better understanding of where we are today.
Got milk? Enjoy the price you paid, because federal policy, reaching its sell-by date, will have dire results.
The way to "fix" our economy is for the State to take even more of our earnings. Of course, they refer to shoving higher taxes at us as "reform," a watchword for all Progressives who believe that "reform" comes only via expansion of the police powers
On January 1, regardless of the outcome of fiscal cliff negotiations, Americans will be hit with a $1 trillion Obamacare tax hike.
A number of folks in recent weeks have question or criticized my views, both here at OTE and on TV, regarding endorsing spending cuts, including some targeted at the social insurance programs Medicare and Social Security.
Today is the day that Harry Reid and Mitch McConnell are supposed to be negotiating a deal on the Fiscal Cliff.
Since collapsing with the housing bubble and the financial crisis, the U.S. economy has staged a dramatic comeback.
A report just released by the US Government Accountability Office explains how the Federal Reserve divvied up more than $4 trillion in low-interest loans after the fiscal crisis of 2008, and the news shouldn’t be all that surprising.
“Repudiation” is not a word used by the political mainstream. Part of the reason is who holds the debt. China is often castigated as the largest holder, but that country actually accounts for less than 8% of the money America has borrowed.
Police were trading grocery store gift cards for guns in Los Angeles on Wednesday as part of an annual buyback program brought forward this year in response to the deadly shooting rampage in Newtown, Connecticut.
The common feature of the transformative technologies of the 20th and 21st centuries is that they were one-offs that cannot be duplicated.
UBS's Maury Harris, who is frequently recognized as the most accurate economist on Wall Street, shared an important chart with Business Insider when we had lunch with him last week.
Anyone who has purchased college textbooks knows that they're expensive.
Doing “Double Duty” is a concept that I was first introduced to during my first enlistment in the US Army.
Avoid the Fiscal Cliff - Economic Freedom Speech - Pierre Poilievre - Enhanced Version
President Obama is headed back to Washington early, but Congress is still on Christmas vacation, with CNBC's John Harwood; Michael Farr, Farr, Miller & Washington; and Peter Schiff, Euro Pacific Capital.
Three and a half years after the worst recession since the Great Depression, the earnings and employment gap between those in the under-35 population and their parents and grandparents threatens to unravel the American dream of each generation doing
What a year 2012 has been!
Will this be the last normal holiday season that Americans ever experience?