Obama will give a speech today advocating more support for alternative energy vehicles. He wants to set up a (another) Trust Fund to achieve his…
A funny story out from Switzerland today. It was widely covered in the press (Link). I think the story that is “out there” is…
Paul Krugman had another of his nasty moment on TV Sunday when he took on Senator Ron Johnson (R, WI) (ABC -Link). The…
So the White House is closing its doors to the public today. Budget cuts related to the sequester are the blame. The WH…
With the DOW blowing by milestones I went looking for other things that were at record levels. The first one that I looked at was…
Consider two components of the discretionary spending budget; (1) Food Stamps, and (2) the Earned Income and Child Credits. 1) Food Stamps cost the government…
The Office of Management and Budget (OMB) has come out with a detailed breakdown of the spending cuts associated with the sequester (LINK). This is one…
In a world where the vast majority of people don’t like their appointed leaders, Japan’s Prime Minister Shinzo Abe stands out as an exception. It…
The Congressional Budget Office (CBO) released a report that evaluates the consequences of adopting the chained CPI. I was surprised by the results. The numbers are “so good” that this approach will rise to the top of the budget cutting debate. I’m sure that was the intent of the folks at CBO with this timely […]
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I wrote about the Groupon IPO the day before the company listed the stock LINK. I play in most IPOs and Secondaries. I got the prospective for…
