The Untenability of Centrist Politics

If you need a good laugh these days, just read the Washington Post. David Ignatius'op-ed entitled Mr. Cool's Centrist Gamble is a case in point. It's true that if Obama attempts to govern as centrist he will find it to be political quicksand in the long run but Mr [more...]

Date: 2009-01-12 03:33:53

Blog posts (148) | Videos (54)
 

Bailouts Not Working

Real Solutions are NOT Being Explored!   We’re approaching 5 Trillion in Bailout money and it’s not working yet! ... was given to the middle class in the form of tax relief.  Unfortunately this didn’t happen.  We need to realize this planned small boost of tax relief [more...]

Date: 2009-01-14 11:38:49

Coping in Tough Times: Your Questions

You've been sending me your questions. Now it's time for me to answer one here and in next week's newspaper. Which question would you pick? ... they want to help you. You mentioned the $7,500 tax credit for first-time homebuyers. Does that apply ... ? Can you retain $100,000 plus house and car On that first-time homebuyer tax credit, would it apply [more...]

Date: 2009-01-14 15:37:37

Friday Digest - Vol. 09 No. 01

Friday Digest — Vol. 09 No. 019 January 2009THE FOUNDATION"A Constitution of Government once changed from Freedom, can never be restored. Liberty, once lost, is lost forever." --John AdamsPATRIOT PERSPECTIVE2008 in review: Top questions Barack Obama did not answerBy Mark AlexanderPerhaps you've noticed an abundance of "Top Ten" [more...]

Date: 2009-01-09 16:19:00

Libertarian Party: Government programs die hard

Posted at LP.org Libertarian Party Warns Against Further Government Spending America’s largest third party is warning against the institution of ... There are several other options for economic relief that don’t involve increasing government, such as tax cuts [more...]

Date: 2008-12-18 22:48:44

Home equity line of credit: Do you really want one?

by Doc Schmyz We all know by now that home owners have a hidden savings account…its called HOME EQUITY ... projects you wish to do. Would You Want an Equity Line of Credit? Unlike a typical loan which ... loan. What Can I Use the Equity Line of Credit For? While you can no doubt find numerous uses [more...]

Date: 2008-12-29 16:17:10

President-elect Obama’s Economic Speech

President-elect Obama’s Economic Speech Here’s highlights from the speech (full video here): Full text of the speech below: ↓ Show full post ↓ Remarks of President-Elect Barack Obama As Prepared for Delivery American Recovery and Reinvestment Thursday, January 8, 2009 Throughout America's history, [more...]

Date: 2009-01-08 02:14:29

5 Reasons Why the Economy Might Recover Faster Than Obama Thinks

by James Pethokoukis, U.S. News & World Report  Let's all hope Barack Obama is wrong when he says that getting the U.S. economy straightened out "will take longer than any of us would like — years, not months. It will get worse before it gets better [more...]

Date: 2008-12-22 13:24:30

Stiglitz: Just Say No to Tax Cuts

Joseph Stiglitz on the tax cuts versus spending question: Do not squander America’s stimulus on tax cuts, by Joseph Stiglitz, Commentary, ... the economy are growing. ... What is clear is that tax cuts will not help much ... , argue that tax cuts are the way forward. ... Tax cuts have increased our national debt [more...]

Date: 2009-01-15 22:16:00

U.S. Budget Gap Sets Record for Fiscal First Quarter

By Rebecca Christie Jan. 13 (Bloomberg) -- The U.S. budget deficit soared to a record in the first quarter of the 2009 fiscal year, surpassing the shortfall for all of last year as the government used taxpayer money to shore up the financial system by purchasing stakes in banks. The deficit swelled to $485 [more...]

Date: 2009-01-13 21:24:00

suspend the required minimum distribution (RMD) for 2009 (the Senate has since voted in support of this measure). Today I thought I’d spend a bit of time explaining exactly what the RMD is for those that aren’t familiar with the term. What is a Required Minimum Distribution? [more...]

Date: 2008-12-11 16:10:53

Here Is Several Tips For You For Finding Effective Tax Debt Relief

The right thing that you can do for yourself to avoid tax debt is to make a plan and a budget that you can adhere to throughout the year This is perfect for any type of family who wants to care for their finances on a regular basis and avoid detrimental tax debt at the end of the year [more...]

Date: 2009-09-24 12:37:04

The Congressional Agenda

If you’re wondering what’s up for Congress, this list of the first 10 Senate bills might give you a preview: * S ... affordable health care, provide tax relief, and protect those in greatest need, and for other purposes [more...]

Date: 2009-01-11 10:30:11

I Object.

This is the refrain of many remaining Republicans in the House and Senate in the new session of Congress ... billion in TARP (Troubled Asset Relief Program) funds to be used to rescue business and individuals [more...]

Date: 2009-01-15 17:47:17

Breaking News and Political Commentary

Israeli Offensive Presses into Gaza CityBy Richard Boudreaux and Rusdi abu Alouf - Los Angeles TimesIn the heaviest fighting since the invasion began, troops and tanks hit the capital from three directions. Gaza City is shaken by shelling and helicopter missile fire [more...]

Date: 2009-01-12 13:18:00

Wolf Versus Pettis on US Stimulus, Fiscal Deficit (Not for the Fainthearted)

Martin Wolf has a very good comment in the Financial Times, "Why Obama’s plan is still inadequate and incomplete," ... 6) I argued that the debt-encumbered US private sector would now be forced to save .... The excess [more...]

Date: 2009-01-14 15:43:00

Views on the News - 1/10/2009

NO MORE BAILOUTS! – eventually we have to learn from our mistakes from the last bailout / stimulus package: ... had Congress approved this proposal than it quickly morphed into a program aimed at infusing capital [more...]

Date: 2009-01-12 01:09:14

The Republican Revival Will Start in the States

The Republican Revival Will Start in the States The former RNC chairman says the party will again have to sell ideas, not access. STEVE MOOREHaley Barbour has a message for Republicans still dispirited by the November elections: "We've been in a lot worse shape than this. . . [more...]

Date: 2009-01-10 03:17:00

CBS’s Reid Looks at Barack Obama’s New Deal

On CBS’s Sunday Morning, correspondent Chip Reid compared Obama’s economic plan to that of Franklin Roosevelt and the New Deal: " ... hundreds of billions of dollars piling up additional debt for us and our children to pay in the future [more...]

Date: 2008-12-19 22:31:18

The Carnival of Smarter Investing # 21

Welcome to the Twenty First Edition of The Carnival of Smarter Investing! We're back with our November edition of CoSI, so sit back, relax, and enjoy this supersized gathering of featured articles by investors and writers in the areas of business and real estate [more...]

Date: 2009-01-13 22:06:06

Today in Washington D. C. - Jan 13, 2008

The Senate will resume consideration of the omnibus public lands bill (S.22) ... billion from the Troubled Asset Relief Program (a.k.a. the financial rescue bill). However, CQ Today ... for its Troubled Asset Relief Program (TARP), enacted last October (PL 110-343). Congress [more...]

Date: 2009-01-13 18:12:00

Obama says spending to avert long recession

FAIRFAX, Virginia: President-elect Barack Obama Thursday (Friday in Manila) ... of tax relief that would extend ... proposed tax cuts and a green energy push to avert economic disaster, but drew [more...]

Date: 2009-01-10 15:41:19

File Back Taxes with Tax Debt Relief Assistance

If you've been waiting for the "right" time to deal with the IRS and settle your tax debt issues, now is it The longer you wait, the more it's going to cost you With professional tax debt relief help, it will be a much less painful process than you've imagined [more...]

Date: 2009-09-24 12:37:04

State Workers Fight Over Cutbacks as States Want More From Obama

As the budget crisis deepens, state employees are fighting each other for survival. Potshots are thrown between management vs ... the governor (not so affectionately referred to as GAS) for wanting to furlough or lay off workers [more...]

Date: 2009-01-03 19:53:00

Repudiation now

We have not acquired any debt. The so-called public debt really belongs to the oligarchy ... Calls foreign Debt Illegal, Defaults on Payments Last month, the government of Ecuador defaulted on a US$ 30,600,000 interest payment on US$ 510,000,000 in bond debt. They will be defaulting [more...]

Date: 2009-01-14 21:03:45

Obama Adds $300 Million In Tax Cuts To His $775 Billion “Economic Stimulus” Plan

Apparently for the express purpose of giving Republicans an excuse to vote for it, but can you say “lipstick on a pig? ... s proposed tax relief as Peter Kirsanow points out: Apparently, the theory is that if you wave $300 [more...]

Date: 2009-01-07 02:16:24

Obamanomics

Over the weekend, two of the top economists in the President-elect's administration published " ... in food stamps and expansions of unemployment insurance. - State fiscal relief designed to alleviate [more...]

Date: 2009-01-15 03:52:03

Associations Tackling the Credit Crisis

I recently received a link to a webinar the North American Trailer Dealers Association (NATDA) ... Relief Program (TARP) funds to infuse capital into specialty lenders and nonbank institutions to improve [more...]

Date: 2009-01-14 19:20:10

The Whiskey Rebellion of 1794

"Freedom an' whisky gang thegither": The Problem of Governance in the Early American RepublicBy Carl Watner(http://wendymcelroy.com/news.php?extend ... Washington and Secretary of the Treasury Alexander Hamilton after Congress passed a federal revenue law [more...]

Date: 2009-01-14 05:03:00

Fiscal Situation of 50 States: Combined Budget Gaps Estimated at $350 Billon for 2010 and 2011.

It is simply stunning that 44 states are facing shortfalls either for this fiscal year, or will come up short in 2010 or 2011 ... package there is a large portion dedicated to state relief. Looking at the data, it looks like many [more...]

Date: 2009-01-15 07:09:06

The GOLD HAS BEEN STOLEN by neocons: NO METAL BACKED DOLLARS....Weimer fiat dollars...trouble all the way.

http://www.mi2g.com/cgi/mi2g/frameset.php?pageid=http%3A//www.mi2g.com/cgi/mi2g/press/231208.phpNOTE: CLICK BLOGPOST TITLE ABOVE TO SEE GRAPHICS, CHARTS...Beyond The Tipping Point: Setting the Stage for Weimar?Metamorphosis in 2009/2010London, UK - 23rd December 2008, 02:19 GMT Dear ATCA Open & Philanthropia Friends.. [more...]

Date: 2009-01-14 20:14:00

Economic Brink Shapes 2009 HPI Power 50

By BRIAN A. HOWEY in Indianapolis and MARK SCHOEFF JR ... . The total credit market debt as a share of the U.S. gross domestic product stood at 176 percent in October ... at 335 percent in 2006. Debt, in essence, has become [more...]

Date: 2009-01-10 12:14:21

First 10 Senate Bills Of The 111th Congress

First 10 Senate Bills Of The 111th Congress January 7, 2009, 9:46 AM Filed under: Economics, Energy, Environment, Government, Health Care, ... , provide tax relief, and protect those in greatest need, and for other purposes.” The stimulus bill [more...]

Date: 2009-01-07 14:46:21

Bush Would Leave Legacy He Never Imagined

Bush-george-13 Wars. Recession. Bailouts. Debt. Gloom. The unvarnished review of George W ... . He got his tax cuts and education law in the first term, then swung hard and missed on Social Security [more...]

Date: 2009-01-11 12:43:03

A Look at What the Next President's Chief Economic Advisor Wrote About Tax Policy

by cactusA Look at What the Next President's Chief Economic Advisor Wrote About Tax PolicySince Christina Romer is gonna be Obama's Chair of the Council of Economic Advisors, its worth revisiting her work. Now, I'm not an academic, so I don't read all that many papers [more...]

Date: 2009-01-07 10:17:00

Fed Watch: Starting on an Ugly Note

Will the economic recovery package will be too "fleeting": Starting on an Ugly Note, by Tim Duy: ... . But will the package provide little more than short term relief or a lasting fix? The last two weeks [more...]

Date: 2009-01-05 08:24:00

7 Tips for Lowering Winter Heating Bills

These seven tips for lowering your winter heating bills from money expert Ethan Ewing of Bills.com will help you achieve your financial goals…and maybe even save enough money for a tropical beach vacation! [more...]

Date: 2009-01-14 17:01:43

Governor Strickland Orders Another Round of State Budget Cuts

State Agencies Face Another $640 Million in Reductions Today Gov ... for Medicare Part D, TANF and Child Care maintenance of effort, and Disability Financial Assistance [more...]

Date: 2008-12-19 19:20:10

Anti-Semitism and Subordination Part II: The Myth of Jewish Hyper-Power

A guest-series by David Schraub of The Debate Link PRIOR POSTS IN THE SERIES: ... . One thing that became clear in the last post was the need to clarify what the project of this series [more...]

Date: 2009-01-16 02:52:48

At Least $2.5 Trillion — and Counting, Counting, Counting …..

This was going to be an “I told you so” post. After all, ... : $200 billion of subsidy; most additional debt is eventually repaid. 9) Begin planning [more...]

Date: 2009-01-13 20:47:44

Oldie but Goodie - An Article about Preferreds

A friend of mine sent this to me. It is an old article about investing in Preferreds ... /research/2001/features010424.htm By Todd N. Lebor Even though preferred stocks are listed as equity [more...]

Date: 2009-01-14 06:57:52

Ugly: Behold The First Ten Bills Of The 111th Congress

Ugly: S.1—American Recovery and Reinvestment Act of 2009 ... educational opportunities, preserve and improve affordable health care, provide tax relief, and protect those [more...]

Date: 2009-01-07 04:12:25

Debt Relief Advice - Where To Find Money To Pay Off Debt

Debt Relief Advice - Where To Find Money To Pay Off Debt Posted in January 15th, 2009 Category: ... money online Yes, you can get a part time job, sell things, and use your tax return to pay off debt [more...]

Date: 2009-01-15 05:05:12

Cram Down Nation: Do Lenders Fear Obama?

Cram Down Nation: Do Lenders Fear Obama? ... to reorganize an individual’s debt, but it does not give them authority to fundamentally alter a person’ [more...]

Date: 2009-01-14 15:39:42

US Dollar Dead Cat Bounce and 2 Trillion Deficit is not the best value proposition for Treausary Buyers. DXY, GDL, SVL, GDX, SLW, AUY

U.S. Budget Gap Sets Record for Fiscal First Quarter (Update2)By Rebecca ChristieJan. 13 (Bloomberg) -- The U.S ... rescue plan called the Troubled Asset Relief Program [more...]

Date: 2009-01-13 21:20:00

Business Payroll Taxes

Business Payroll Taxes from Power Tax Relief. http://www.Power-Tax ... 800-700-6948 for more information about Business Payroll Taxes. irs tax debt relief, irs offer ... tax lien, income tax attorney, federal tax relief, tax debt relief, irs debt settlement [more...]

Date: 2009-01-14 22:48:10

Here Is A Good Plan for Dealing with Tax Debt

Author : Vlavladi Vishnu If you are in need of tax debt relief you are part of a growing numbr of people With the economy htiting bottom and the financial world remaining shaky, many pople find it difficult to pay their tax bills For this reasson, it is vitally important to accept and understand that there is inndeed a serious isssue to be dealt with, and then to formulate a “plan of atack” Usually people who are dealimng with tax debt will have failed to file at least one reurn The first [more...]

Date: 2009-09-09 08:29:42

What To Do When You re in Need of Tax Debt Relief

Tax debt relief experts are highly experienced with the IRS They know how to negotiate, and they're almost certain to be better at it and more successful than you would be on your own [more...]

Date: 2009-09-29 08:10:48

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