In 2013, Congress is expected to explore a number of tax reforms in order to address staggering deficits and a crippling $17 trillion in debt owed by the Federal government.
Just this week, the Wall Street Journal reported that former Treasury Secretary and Harvard
President Larry Summers is “hell-bent” on becoming the next U.S. Federal Reserve Chairman.
The more important issue, however, is whether Americans should want Summers involved in such a prominent role in the global economy.
Three cheers for privacy rights under the Obama Administration…
And if the sarcasm doesn’t leak from those words, it’s time for me to start designing coloring books.
As widespread unrest spreads across Egypt after the ousting of President Morsi, investors need to be wary of a growing trend affecting broader emerging markets.
Much of the unrest around the world is caused by one thing: Uprisings against governments and their inabilities to provide basic services to citizens with rising income levels.
Since President Obama climate change speech at Georgetown University last week, Republicans and critics have accused Obama of engaging in a “War on Coal.”
This isn’t the first time that the President’s statements on coal-fired power plants have raised questions about his energy policies. He even campaigned on higher electricity costs in 2008 when he suggested that costs would “necessarily sky rocket” to prevent the construction of new coal plants.
Over the last decade, Brazil has grown to become the world’s sixth largest economy by nominal GDP, a staggering feat fueled by a massive increase in its middle class ranks.
President Obama this week declared war on coal when he announced that he’ll sidestep Congress and address the “manufactured” climate change crisis through regulatory fiat. He wants to establish himself as the eco-warrior to appease his left-wing environmental base.