Business News
US Debt-To-GDP Passes 100%
Congratulations, America … our debt-to-GDP has just passed 100%, which means that we’ve now joined with Greece as members of the triple digit “debt to GDP” club: … US debt, net of all settlements for all already completed bond auctions, is now at precisely $15,182,756,264,288.80. Why is this relevant? Because the latest annualized US GDP, [...]
Continue reading...Christmas Tree December 22: Enya O Come O Come Emmanuel
23 December 2011 – 12:16 am PST
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It is good to be children sometimes, and never better than at Christmas, when its mighty founder was a child himself. ~ Charles Dickens Please scroll down for current news. I will have a Christmas Tree “stuck” on top through Christmas Day. The video is Enya singing O Come O Come Emmanuel – one of my [...]
Continue reading...The Word of the Day was ‘Cave’
23 December 2011 – 12:16 am PST
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The leaders agreement could be passed in both chambers by unanimous consent as early as Friday, but any individual legislator could torpedo the deal and force the full House and Senate to return to Washington and vote on it. The Senate bill upon which the agreement is based passed the upper chamber on Saturday by [...]
Continue reading...Stocks Going Ex Dividend the First Week of January 2012
23 December 2011 – 12:16 am PST
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Here is our latest update on the stock trading technique called ‘Buying Dividends’. This is the process of buying stocks before the ex dividend date and selling the stock shortly after the ex date at about the same price, yet still being entitled to the dividend. This technique generally works only in bull markets. In [...]
Continue reading...Thinking About Year End Tax Issues? How About Tax Free CEFs?
23 December 2011 – 12:16 am PST
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Tax free stocks are technically closed end funds or CEFs that own municipal bonds which pay tax free interest. There are risks of course like any investment, such as a potential (or in my opinion certain) rise in interest rates, which would cause the price of the shares to drop. Plus many CEFs use leverage [...]
Continue reading...Newt and Callista, A Nightmare to Consider
23 December 2011 – 12:16 am PST
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What primarily stands between us and misrule, however, is the Constitution, buttressed by an independent judiciary. …He is the first presidential candidate to propose a thorough assault on the rule of law. – George Will How The Gingrich Stole Christmas narrated by Paul F. Tompkins from Paul F Tompkins Newt Gingrich’s latest political tactic: whining. [...]
Continue reading...“Hallelujah Corporations!” and other messages from the 99%
23 December 2011 – 12:15 am PST
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Joyce L. Arnold, Liberally Independent, Queer Talk, equality activist, writer. From the OWS Twitter feed: “pdjmoo HALLELUJAH CORPORATIONS – A musical tribute to corporate excess in the style of the Capitol Steps YouTube ow.ly/87j4e #occupy #OWS” and from You Tube link: “Hallelujah was conceived, rehearsed and filmed in Tamworth, NH, a small town with a [...]
Continue reading...Gallup and Matt Damon Reveal that 1979 Feeling Yet Again
23 December 2011 – 12:15 am PST
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“You know, a one-term president with some balls who actually got stuff done would have been, in the long run of this country, much better,” argues the We Bought a Zoo star. – Matt Damon I’ve written about this twice, this year and once in 2010. Gallup shows us the graph proving that 1979 feeling [...]
Continue reading...Newt Gingrich and Citizens United: It’s All About the Money
23 December 2011 – 12:15 am PST
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MARK KARLIN, EDITOR OF BUZZFLASH AT TRUTHOUT You have to go back to 2010 and the Citizens United Supreme Court decision, which officially bestowed corporate personhood on campaign financing. The case was to determine whether or not a third party organization or corporation could pay for media (including advertising) that might affect a political campaign. [...]
Continue reading...The Iraq War Is Over, but the Disgrace Lives On
23 December 2011 – 12:15 am PST
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DAVID KRIEGER FOR BUZZFLASH AT TRUTHOUT The Iraq War, from its outset, disgraced America by its flaunting of international law. Now the war is over, but the disgrace lives on. After nearly nine years, America declared an end to the war and withdrew its last troops in December 2011, leaving behind a fortress embassy, mercenary [...]
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23 December 2011 – 12:16 am PST
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