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Bookkeeping is the systematic recording of financial transactions. If you aren’t a bank institution, remember this advice: never lend money to someone else unless you’re morally obliged. In that case before... Obama’s Squandering Of More Than Capital
With a straight face, Obama has announced that just as Americans are tightening their belts, so too he is taking fiscal responsibility seriously. He magniloquently claims he has “charged” the OMB to go through the budget line by line taking action to save Americans tax... The 2009 Minnesota Tax Cut Rally Saturday May 2, 2009
" Just a quick reminder to be sure to attend Saturday’s Tax Cut Rally. The weather forecast is outstanding — sunny with temperatures in the mid-60s. As I’m sure you are aware, Minnesota is facing a... No middle class tax cut? What happened?
Obama's middle class tax cut may not survive budget. So read the ABC News headline. I was reminded of Bush Sr.’s “no new taxes” rhetoric and more of the same from his successor Bill Clinton. Is it realistic to expect Obama to hold true to his promises of a middle class... China to U.S. | Pot, Meet Kettle.
When U.S. Secretary of State, Hillary Clinton, concluded her East Asian tour with a highly visible visit to China she demonstrated how times have truly changed. For a 'Hyper-power' like the U.S. is forced to bring... Foreign buyers no longer binging on long-term U.S. debt
The lack of foreign investment in long-term US assets is not going to go up anytime soon according to a leading trade economist. Some experts say that this is a necessary part of the 'rebalancing' of an economy on the downward trend as the US trade deficit is unsustainable,... Obama's $160 million inauguration
As America enters its next presidency which is being hailed as the presidency of hope and change, the very event that marks the beginning of this presidency is marred by a huge allegation. The allegation is that... Olympics on Track Despite Economic Downturn
VANCO declared today that they are financially secure to carry on with the 2010 Olympics despite the global economic downturn. At the moment they are running a $65 million deficit which they... Obama Faces Heady Challenges, and They're Growing
President elect Obama faces huge problems as soon as he takes office; at home and world wide. He is no doubt intelligent and talented byt still this mess wlll take years to correct. " President-elect Barack Obama,... Is It A Crime To Give A Child Marijuana To Control Violent Outbursts?
Is It A Crime To Give A Child Marijuana To Control Violent Outbursts?Debbie Jeffries shows Correspondent Harold Dow the bag of marijuana she keeps in her freezer. (CBS) .hideit {display:none} (CBS) Debbie Jeffries of Rocklin, Calif., and her mother,... AP FACT CHECK: Obama “Infomercial” Avoids Budget Realities
"Democratic presidential candidate Barack Obama was less than upfront in his half-hour commercial Wednesday night about the costs of his programs and the crushing budget pressures he would face in office.... Security fears over Pakistan bankruptcy threat
Pakistan has witnessed rapid economic growth during Musharraf regime. After seizing power in the coup in 1999 he appointed former Citibank executive Shaukat Aziz as the prime minister to oversee the fledging country's finances. But it... Will the market take the U.S. Government down with it?
"Oct. 10 (Bloomberg) -- The global financial crisis is turning into a bigger drain on the U.S. federal budget than experts estimated two weeks ago, increasing the deficit and the national debt." It would be... The most important issue of the election
" The federal debt right now is sitting in the vicinity of $9.4 trillion dollars. Yes. That’s almost 1600 Wendy’s bacon cheeseburgers for every person in the world. Most people don’t really understand what the debt is, how we get into debt, or how it... Two sides of the same coin
"Back in one of my previous posts, I noted that the two major party candidates didn’t really offer any diversity. They were pretty much the same in their views. In talking with people in the offline world about this posting, I heard a lot of disagreement about...
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