Tag: President Obama

The Only 5 Figures You Need To Understand About The Fiscal Cliff Deal

In order to prevent the U.S. economy from going over the Fiscal Cliff (the mandated tax increases and spending cuts designed to reduce our Deficit and Debt problem), Congress and the President arrived at yet another 11th-hour deal.  All this “Cliff” talk is wearing on people and perspective has been lost. It’s really not that

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Support Our Going Over The Fiscal Cliff !

This week, Bill Valentine explains that the absolute best resolution to the current budgetary negotiation would be a failed resolution, and thus the full implementation of the tax hikes and spending cuts, known as the Fiscal Cliff, thrust upon our nation. It is clear based on the proposals on the table that our elected officials

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Five Takeaways From The Election For Investors

The election is over and, as I mentioned in the prior Weekly Update, the numbers from InTrade played out as predicted.  The House and Senate numbers also bore out. The emotional fever amongst the nation is still running high.  But as investors, what is the most logical way to view our possible economic futures?  How

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Debt Ceiling: Are Big Corporations and the Rich Paying Their Fair Share?

President Obama, speaking on the budgetary impasse, suggested that corporations and the rich pay their fair share.  This old saw of the class warfare guerrillas has a nice ring to it…but just how much is enough to rise to the level of “fairness”?  And are they paying a smaller share or a bigger share than

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Debt Ceiling 2011: President Obama and US Congress Should Avoid Creating An Economic Crisis

There has been much wringing of hands and gnashing of teeth around the debt ceiling and budget agreement in 2011.  Will President Obama and the US Congress raise the ceiling in time?  How important is it, anyway?  And what’s the right solution to avoid creating an economic crisis? Manu Raju of Politico says, “The Senate

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