Economics
Image from streetcow.com January 31, 2008 ABC News Clinton Remained Silent As Wal-Mart Fought Unions In six years as a member of the Wal-Mart board of directors, between 1986 and 1992, Hillary Clinton remained silent as the world’s largest retailer waged a major campaign against labor unions seeking to represent store workers. Here’s what I […]
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Shikha Dalmia, senior analyst at the Reason Foundation has the latest figures on RomneyCare, and they don’t look pretty. “…premium increases of 12% for this year — double last year’s national average.” “The state health-care bill for fiscal 2008-2009 is expected to touch $400 million — 85% more than originally projected.” “Before the hike, the […]
Continue reading about No Wonder Romney Never Discusses His Healthcare Plan…
The Congressional Budget Office just released a report titled “Historical Effective Federal Tax Rates: 1979 to 2005“. The difference in how this report was covered by the New York Times and Wall Street Journal clearly shows that as news consumers we need to read multiple sources of information. It is incredible that these two pieces […]
Continue reading about I guess it depends how you view the world
Last week, I was looking at a research note from Tom Brown of Bankstocks.com defending First Marblehead, a student loan company that has had wild swings up and down the past few years. I knew that First Marblehead was one of his top holdings, but nonetheless I was impressed with the vigorous defense of the […]
U.S. GDP revised up to 4.9% for third quarter WASHINGTON (MarketWatch) — The U.S. economy expanded at the fastest pace in four years during the third quarter, growing at a real annual rate of 4.9%, the Commerce Department said Thursday in making its second estimate of growth for the three-month period. Before I start talking […]
Continue reading about Another inconvenient truth: 4.9% 3rd quarter GDP growth
One of our favorite business bloggers, Tom Blumer of BizzyBlog, joined us for a discussion of the Top Five Economic Myths in America today. In this first segment, we finished off a vigorous discussion Gregg and I were having before the break about the merits, or not, of Romney’s healthcare plan in Massachusetts. Gregg and […]
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Chesapeake Energy 3rd-quarter profit off 34 pct HOUSTON, Nov 6 (Reuters) – Chesapeake Energy Corp on Tuesday reported a 34 percent decline in third-quarter earnings as natural gas prices fell from a year-ago and offset a jump in production. Bad news, right? Wrong. Here’s what really happened, Chesapeake Energy beats by $0.08, beats on revs […]