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Archive for the ‘Economy’ Category

ATLANTA–  I am finding the fallout from the WikiLeaks document release to be utterly fascinating.  While most of the revelations have not been all that surprising, the increasing indications that Hillary Clinton may have skirted the edges of international law truly are.  Not three weeks ago, the media was openly discussing whether Hillary Clinton should challenge Barack [...]

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  ATLANTA— Martin Feldstein wrote a great column that was published over the weekend in the Washington Post about how Barack Obama and Congress could reduce the budget deficit without technically raising taxes.  To do so would require that Mr. Obama go after one of the holy grails of the U.S tax code: federal tax expenditures.  Tax expenditures cost the federal [...]

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ATLANTA− Former Ron Paul staffer and Reagan economic advisor Bruce Bartlett slammed Republican economic policy in the Fiscal Times last week, blaming it for exacerbating our current, massive federal deficits.  In the article, Mr. Bartlett singled out Ronald Reagan’s broad economic strategy of “starving the beast” as being a baseless strategy with no credible results. 

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BECKLEY —  I thought the following article was interesting.  Especially, given all the positive economic propaganda in the media prior to the start of our “holy” shopping season.  The title caught my attention – China, Russia Quit Dollar.   Putin says the following: “About trade settlement, we have decided to use our own currencies.” 

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ATLANTA— Megan McArdle writing in the Atlantic has been making some very perceptive criticisms of ObamaCare over the past few months.  In her latest piece, she notes that Democrats

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ATLANTA— The General Motors initial public offering was completed yesterday to much fanfare, with GM raising $15.8 billion, the second highest IPO in history (second only to VISA in 2008).  Barack Obama called the IPO part of GM’s success story and declared: “we are finally beginning to see some of these tough decisions that we [...]

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ATLANTA – Share prices in Shangahi rocketed down by over 5 percent yesterday, sending chills throughout international markets.  Commodities also fell, while the beleaguered U.S. dollar rose.  Could this be the beginning of the pop that will send U.S. and international share prices down, after they reached 2 year highs over the past week?

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