The largest U.S. companies are beating the average stock in the Standard & Poor’s 500 Index by the most in more than a decade, fueled by rising dividends, valuations 31 percent below the historical average and fear. Companies in the S&P 100 from Apple Inc. to Bank of America Corp. (BAC) have gained 7.7 percent…
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Nobel Winner Stiglitz Sees More Recession Odds in Romney – Bloomberg
by Newswires • • 0 Comments
Nobel Prize-winning economist Joseph Stiglitz said the election of Mitt Romney as president in November would “significantly” raise the odds of a recession because it would herald a shift to a much tighter budget. History shows that the adoption of fiscal austerity when an economy is weak can have disastrous consequences, as happened in the…
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The Problem With Flat-Tax Fever
by Bears Chat at The Wall Street Examiner • • 0 Comments
November 5, 2011
The Problem With Flat-Tax Fever
By ROBERT H. FRANK
CLOSE watchers of presidential politics weren’t surprised to see many of this year’s Republican hopefuls proposing to replace the nation’s progressive income tax with a flat tax…
Bears Chat, Best of the Forums
Wall Street Protest Isn’t Like Ours, Tea Party Says
by Bears Chat at The Wall Street Examiner • • 0 Comments
At a Republican candidate forum outside Fort Worth last week, a Tea Party activist turned Senate candidate proclaimed the Occupy Wall Street protesters “unemployed, uneducated and uninformed.” To which the conservative radio host moderating the p…
