Senator Loni Hancock is currently leading efforts to change current regulation required for Budget approval from two – thirds majority to a simple majority. In a letter to her supporters, she says “The 2/3rds vote...
Read MoreI have read and talked to a lot of people regarding the stimulus and one thing seems in common. Very few have looked at the details of what is being proposed. I don’t see how you can have an opinion either way if you...
Read MoreIn comments made by John Dugan (head of the U.S. office of the Comptroller of the Currency), home loans that received modifications for troubled home owners, still default at an alarming 53% after 6-months. From Reuters: Dugan...
Read MoreIt is difficult to find details of how our Government is spending the $700B bailout, but from what I have found here are the recipients so far: Recipient State Amount Citigroup, Inc. NY $ 25,000,000,000 JP Morgan...
Read MoreAccording to the EIA (Energy Information Association), the current gas consumption for the US in just over 9M barrels per day or 378M gallons per day. Over the recent weeks, gas has decreased in price in many areas by more than...
Read MoreFrom Bloomberg, the libor is down from 4.67 a month ago in its 22nd consecutive decline to the lowest level since October 2009. The Libor is the main benchmark for $360 trillion in products world wide and is also one of the...
Read MoreIt started with the investment banks, moved on to the regular banks, and then to the insurance companies, to the home buyers, and now to the auto industry. With the knowledge of terrible earnings, the major US auto makers have...
Read MoreThis election will be one of the most memorable in the history of the United States. With the closing of the polls the United States elected someone representing hope and unity. Policy and politics aside, that is something the...
Read MoreHeated exchange between Megyn Kelly (fox news) and Bill Burton (Obama Spokesman) regarding comments made by Obama regarding redistribution and Fox News leaning to the right. Even though Megyn Kelly gives Bill Burton an ear full,...
Read MoreIf you have taken the time to look at who contributes the most to Obama’s campaign, you will find a who’s who of the banks that contributed the most to the housing crisis. To be far, McCain also received plenty of...
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