US Budget Governance “Less Stable”

Jan 03 2013 @ 07:48
Ratings agency Standard and Poor’s has called for the US government to address its budget problems following a temporary agreement over the “fiscal cliff”. Arguing that “Washington’s governance and policymaking had become less stable” Standard and Poor’s cited recent events as demonstrating that current budget governance was “less stable, less effective and less predictable”. The […]

Fiscal Cliff Prestidigitation

Jan 02 2013 @ 18:41
Now you see it.  Now you don’t.  You’ve watched it for months.  Now, suddenly it’s gone.  Where did it go?  No one knows.  How did President Obama and the US Congress do that?  The simple answer is sleight-of-hand prestidigitation. Please don’t misunderstand.  The magic was not in making the Fiscal Cliff disappear.  The magic was […]

Yen Falls as Fiscal Cliff Averted

Jan 02 2013 @ 10:48
The Japanese yen fell to an 18-month low against the euro after the US House of Representatives voted in favour of measures to avert a series of tax-rises and spending cuts, known collectively as the fiscal cliff. After the vote was announced the euro soon rose to 115.995 yen. This was followed by the USD […]

Fiscal cliff talks ongoing

Dec 11 2012 @ 12:53
Fiscal cliff talks between US President Barack Obama and Republican House speaker John Boehner, have been continuing both sides have said. With the end of year deadline looming, both parties are under pressure to ensure an agreement is reached. Deep spending cuts and tax rises due to take effect on 1 January, threaten to halt […]

US Presidential Election - bizarre emails from Obama

Oct 12 2012 @ 04:52
A month or so ago I signed up for Obama’s emails and… …they make it out to be a very clear partisan battle between the haves and the have-nots. Obama represents the have-nots of which there are far more! It is all about the evil billionaires and the tax breaks they would get under Romney, […]

AIG is All In Gear

Sep 06 2012 @ 10:18
American International Group (NYSE:AIG) announced today that it is planning to sell up to nearly 25% of its stake in the AIA Group Ltd.  AIG will sell up to $2 billion USD in shares to raise funds for “general corporate purposes.”  Its share price is holding strong above $34.50 per share and could easily reach […]

Obama vs Romney: The Policies

Sep 04 2012 @ 04:40
With the Republican National Convention over we are starting to get a clearer, if still vague in a way befitting of Clint Eastwood’s speech, view of the the Romney/Ryan ticket’s economic platform. However, in the days since the the convention, conservatives have been very vocal in lending support to the GOP candidates for President and […]

Manchester United – An Obama JOBS special – an IPO for Morons

Aug 10 2012 @ 17:49
Whenever President Obama says Jobs you know bad news is on the way. He has spent hundreds of billions creating non Jobs while squeezing the private sector (which creates real jobs) ever harder. But the JOBS I refer to here is his JOBS act which allowed “emerging growth companies” to float in the US with […]

ObamaCare Benefits Stocks?

Aug 09 2012 @ 04:09
Supreme Court approves ObamaCare and stocks rise.  What impact will the uncertain Presidential election have on the market? Register for a free ADVFN account and gain access to real-time stock charts, streaming prices, information and data and follow ObamaCare’s and the 2012 Presidential race’s impact on the market. After the United States Supreme Court ruled […]

Euro Crisis: Obama acknowledges “difficult challenges” for Spain

Aug 07 2012 @ 10:20
The White House has stated that Spain faces “difficult challenges” following a discussion between President Obama with Spanish Prime Minister Mariano Rajoy. European markets have responded positively and the euro close to a five-year high. President Obama and the Spanish Prime Minister’s talk follows earlier discussions with French President Francois Hollande and Prime Minister Mario […]
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