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Category Archives: Domestic
Killer Tea Party
It kills me that somehow the right-est wing of the conservative movement, a movement comprised of lower-to-middle income earners (and a small percentage of top earners) has some how ascribed to the belief that laissez faire economics somehow benefit them. When in fact, … Continue reading
Posted in Domestic, Economics
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9.1%
OK people. Relax over the jobs numbers. While there are some negative signs in the economy now, there are also a lot of negative things going on in the world right now. I do not think that the economy is … Continue reading
Wake Up Detroit; Or Why Can’t Wait Any Longer
President Obama heads to Ohio today (see: crucial electoral state) to tour a Crystler plant and most likely speak about American ingenuity and innovation. This will coincide nicely with the release of a government jobs report, which will probably show that … Continue reading
Posted in Domestic, Economics, Middle East, U.S. Foreign Policy
Tagged Domestic, Economics, Foreign Policy, Middle East
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The Golden Years
David Rothkopf asks a great question this morning which can seemingly serve a larger purpose than he intends. American fatalism , or rather defeatism, is pervasive. People of all political leanings call for the decline of American hegemony, the rise … Continue reading
Commodities Bust
This might finally dispel the inflation-hawks argument, which I really believe just to be a continuation of the interest-rate-hawks all of whom are just arguing for fiscal austerity for its own sake. Unfortunately none of the evidence- for years at this point- supports their … Continue reading
Secretary Shuffle
Interesting news this morning. My immediate thoughts are threefold: First, no one ever guesses Washington power shuffles correctly (so, ha!). Second, Panetta is a wise choice for Defense Secretary. As chief of the Office of Management and Budget in the … Continue reading
Posted in Domestic, Intelligence, Politics
Tagged Domestic, Intelligence, Obama administration, Politics
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“Do you think we’re stupid?”
According to CBS News, President Obama spoke very candidly last night at a closed-door fundraiser at home in Chicago, where no cameras were allowed. The President spoke over a microphone that he may have not known was still on and … Continue reading
A Grand Bargain
Good speech. Stronger than usual. Four trillion from the deficit in a decade. Two trillion from spending cuts, one trillion from tax revenue increases, and one trillion in savings on interest payments. Seems credible. The four main points to get … Continue reading
On Tax Reform
I certainly hope the President today talks about the seriousness with which we need to reform the U.S. tax code. According to Politico: The White House said Obama’s fiscal plan will “borrow from” the recommendations of his deficit commission. The … Continue reading
Posted in Budget, Domestic, Economics
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Nothing is Certain but Debt and Taxes
This debate on debt and federal spending has me wondering if anyone pays attention to U.S. history. With today marking the 150th anniversary of the attack on Ft. Sumpter, the event which unleashed four years of civil war, I thought it would … Continue reading