fiscal

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Latest blogosphere posts tagged “fiscal”

  • The reasons why fiscal stimulus may not work.


    InvestmentWatchAuthority Authority: 543
    Credit financed the malinvestments and when you liquidate them in order to release capital banks must recognize their losses, which means they must take back from the economy the same amount of money they put into the economy with the original loan. If banks lack sufficient profits to extinguish loan losses then they ...
    1 hour ago
  • Hike In Long-Term Care Benefits Is Really Just Low-CLASS Trickery


    StupidicaAuthority Authority: 176
    The extent of smoke and mirrors in both the House and Senate health care bills is frightening. Much mischief is easily concealed in each 2,000-plus-page bill. One part of the health reform bills that has not garnered much attention is Congress expansion into long-term care. Just a few months ago, this act alone would ...
    2 hours ago
  • Rettig not being honest with voters?


    Coralville CourierAuthority Authority: 437
    According to an article run in the Press-Citizen , Janelle Rettig is touting herself as a fiscal conservative.    Rettig calling herself a budgetary watchdog is a very misleading claim for her to make, but despite her record thats exactly what she tried to do in a story about supervisor candidates.  Perhaps ...
    2 hours ago
  • Blackwater/Xe, the Company You Cant Get Rid of


    The Fine Print: blog posts from OMBWatchAuthority Authority: 134
    Yesterday, Justin Elliot at Talking Points Memo published an interesting piece on the never-ending saga that is the governments relationship with the company formerly known as Blackwater. Despite the scandals , investigations and indictments that have recently plagued Xe – and the resultant loss of a ...
    3 hours ago
  • Oh. My. Gawd.


    Weekend PunditAuthority Authority: 433
    Washington Post editorial, " The Coming Debt Panic ": Consider: In the space of a single fiscal year, 2009, the debt soaredfrom 41 percent of the gross domestic product to 53 percent. By way ofcomparison, the average for the past half-century has been 37 percent.This sum, which does not include what the government ...
    4 hours ago
  • Cintas 2Q down 20 percent, shares fall (AP)


    Relevant NewsAuthority Authority: 178
    AP - Cintas Corp. said Tuesday that its fiscal second-quarter profit dropped 20 percent as the nations high unemployment rate reduced demand for its uniforms and other supplies.
    5 hours ago
  • Conducting Monetary Policy when Interest Rates Are Near Zero: Will it Work?


    Economist's ViewAuthority Authority: 664
    I have been more skeptical than most about the ability of quantitative easing to stimulate output and employment, so I thought Id counter that with this explanation of how QE works, what might go wrong, and some of the evidence in its favor. [My doubts come on two fronts. The first is the ability of QE to affect ...
    6 hours ago
  • HAMPs purpose isnt to save peoples homes


    The Economic Populist - Speak Your Mind 2 Cents at a TimeAuthority Authority: 565
    If you listened to Obama Administration and the MSM you would have thought that the Making Homes Affordable program was designed to help people stay in their homes. You would have been mistaken . Of the nearly 760,000 modifications that have been enrolled in three-month trial plans, less than 32,000 have ...
    8 hours ago
  • A Little Holiday Cheer: PJTV’s Crowder Examines Detroit Blight Up Close


    Mount VirtusAuthority Authority: 500
    Three days ’till Christmas, this will give you some holiday cheer. PJTV’s Steven Crowder takes an up close & personal look at Detroit, the once proud Motor City a mere hollow shell of what it once was ( H/T Red State ). The recent Clint Eastwood flick Gran Torino gave you a glimpse of what Detroit has ...
    9 hours ago
  • Important News - Dec. 22


    InvestmentWatchAuthority Authority: 543
    Rewarding Failure At The Fed The Senate finance committee overwhelmingly voted to approve Bernanke for another term. This is remarkable. But, in Washington no one is ever held accountable for their performance. It is the 15 million unemployed that go without work, not Bernanke. Instead, many of the senators praise ...
    10 hours ago

  • LATICONOMICSAuthority Authority: 530
    Dollar Falls as U.S. GDP Report Curbs Gains in Global Stocks By David Merritt and Chris Nagi ...
    12 hours ago
  • 2010 Economic Outlook: From Exit to Exit


    GreenLightAdvisor ViewsAuthority Authority: 142
    This post is a guest contribution by Joachim Fels* of Morgan Stanley . This year was all about the exit from the Great Recession - and, as we had expected at the start of the year, it worked courtesy of massive global policy stimulus. Next year will be all about the exit from super-expansionary monetary policy - we ...
    16 hours ago
  • Change Nobody Believes In: A bill so reckless that it has to be rammed through on a partisan vote on Christmas eve


    The Saloon dot netAuthority Authority: 126
    And tidings of comfort and joy from Harry Reid too. The Senate Majority Leader has decided that the last few days before Christmas are the opportune moment for a narrow majority of Democrats to stuff ObamaCare through the Senate to meet an arbitrary White House deadline. Barring some extraordinary reversal, it now ...
    16 hours ago
  • Jobless Middle-Class New Yorkers Struggle to Get By


    StupidicaAuthority Authority: 176
    High unemployment is spreading in New York City beyond the poorest neighborhoods to once-secure middle-class enclaves, where some residents are falling behind on rent and mortgage payments. Among the hardest-hit spots are the northern Bronx and southeastern Queens. Both areas have seen unemployment double since the ...
    17 hours ago
  • Council confirms latest offer of extended tick for Mid Argyll Pool


    For ArgyllAuthority Authority: 443
    Read all of the articles we’ve published on this page to get the context of this issue - whichis not going to go away.There is embedded community determination to bring the Council to an acceptance of it just responsibilities in financial support for the community-owned Mid Argyll Swimming Pool.The Council has just ...
    17 hours ago
  • Govt unlikely to meet FY10 indirect tax target – fin secy (Reuters)


    Relevant NewsAuthority Authority: 178
    Reuters - The government is unlikely to meet the indirect tax receipt target for the current fiscal year that ends in March 2010, Finance Secretary Ashok Chawla said on Tuesday.
    17 hours ago
  • Pair held over $4m card skimming scam


    Ohaiyo Business MagazineAuthority Authority: 137
    Police in Sydney have arrested two men over an EFTPOS scam which has so far netted more than $4 million from bank accounts in Western Australia. Thousands of Western Australians have had their card details stolen at several McDonalds restaurants across Perth since October. Police allege the 31-year-old Canadian man ...
    19 hours ago
  • BoEs Adam Posen says fiscal,monetary policy working


    Daily Telegraph | Telegraph.co.ukAuthority Authority: 966
    The Bank of Englands Adam Posen was quoted on Tuesday as saying Britains fiscal and monetary policies were a success, but that it was working on a "Plan B" in case its quantitative easing fell flat.
    19 hours ago
  • Consumers to start year on sober note


    Thaindian NewsAuthority Authority: 731
    Berlin, Dec 22 (DPA) German consumers are entering the new year in a sober mood, with a key survey released Tuesday expected to show a fall in confidence among households in Europe’s biggest economy.Despite a buoyant end to the Christmas shopping season, analysts predict the Nuremberg-based GfK marketing group will ...
    1 day ago
  • Lucky That Longshoremen Get Tan Naturally


    EconomistMom.comAuthority Authority: 465
    …otherwise, Senator Reid’s “manager’s amendment” to the health care reform bill would be a “wash” for them. A snow-day CQ story by Richard Rubin exposed the sillier side of how a health care reform bill is made (emphasis added): The amendment also would replace a proposed 5 percent excise tax on ...
    1 day ago

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