Thirty big corporations actually spent more money lobbying the federal government between 2008 and 2010 than they spent in taxes.
http://thinkprogress.org/economy/2011/12/07/383779/30-big-corporations-taxes-lobbying/
Economic and and financial news and analysis
Thirty big corporations actually spent more money lobbying the federal government between 2008 and 2010 than they spent in taxes.
http://thinkprogress.org/economy/2011/12/07/383779/30-big-corporations-taxes-lobbying/
Liquidity is the key as corporations have been net buyers below SP 1150-1200 and net seller above SP 1250. US public has been net sellers for the past 2+ years so most of the support has been corporate. This is also a scam as corporations have been …
The King of All Vegas Real Estate Scams
A twisted tale of how homeowners were bilked by those they least suspected: their neighbors
By Felix Gillette
…
For a few decades now, the Communist Party in China has had an implicit social and political contract with the Chinese populous for decades, which goes something like:
“We will deliver economic growth and improvements in your material living sta…
Only six national pension systems earned a ‘B’ grade on Mercer’s 2011 global index, which was given to systems with “sound structure” and “room for improvement.”
The best systems are in the Netherlands, Switzerland, Sweden, Australia, Canada and the …
That way you won’t hear that train heading for you.
http://www.telegraph.co.uk/finance/financialcrisis/8947470/Eurozone-banking-system-
on-the-edge-of-collapse.html
I’m really intrigued by the implications of this one. First it was shot down and then, according to the Telegraph it was bought down by “electronic attack”.
Denniger points to this October story in Wired http://www.wired.com…its-drone-fleet and su…
European CEOs Move Cash to Germany In Case of Euro Breakup
December 09, 2011, 10:34 AM EST
By Manuel Baigorri and Richard Weiss
Dec. 9 (Bloomberg) — Grupo Gowex, a Spanish provider of Wi-Fi wireless services, is moving funds to Germany because it ex…
U.S. Dividend Stocks Aren’t Safe — Buy in Europe Instead
Robert Holmes
12/09/11 – 12:39 PM EST
BOSTON (TheStreet) — Investors have been told to seek the safety of boring U.S. stocks with predictable businesses and attractive dividends to protect th…
After long careers, members of the leading edge of the baby boom generation have gotten to the age where many of them would like to retire. But more baby boomers have chosen to put off their retirement plans — and the reason may surprise you.
For …