On June 10, we told Ransom Notes listeners that the stock would probably bounce once more at $49, then recover to $56, both of which happened by July 11. The stock price is up 26% since our buy signal, broke past $56 in mid-July, and continues to climb.
Let’s expand the corporate welfare state. . . After all, it worked out so well for GM and Detroit. Tad DeHaven, with Cato, joined the program to discuss the way States and the Feds are trying to pick winners and losers. (They’re mostly picking losers, by the way.)
Oh my goodness, what an absolute delight it would be — I’m referring to the chance of being a historian years from now as the books are written, comprehensively describing the financial crisis of 2007-2008. I’m sure that many of the books will focus on the whys and wherefores.
I apologize for the cheering crowd at Knox College in Illinois. Seems the mass exodus from Illinois (Ala Detroit) left behind the economically challenged, and liberally indoctrinated; although a group of them did end up in the White House.
At a Republican Governor’s forum in Aspen, Colorado, New Jersey Governor Chris Christie blasted Libertarians as “very dangerous.” The Governor noted his troubles with the spread of libertarianism in both political parties, specifically targeting U.S. Senator Rand Paul (R-KY).
President Barack Obama says this recovery is better than most because of Obamacare – and he accused Republicans of making up “fake” scandals. Apparently the President’s intellectual dishonesty has few limits.
Global social network icon Facebook, Inc. reported second quarter ad revenue up 61% year-over-year, surprising Wall Street with its rapid transition from desktop to mobile advertising.
One of the major concerns that has been voiced over the future of precious metals, particularly gold, as an investment is that when the economy gets better and the Federal Reserve finally decides to reverse policy and raise interest rates, the price of gold will plummet.
Riding on horses and ponies, some 50 Chinese soldiers intruded into the Indian territory of Chumar in Ladakh region in northwestern India on 16 July. They re-asserted the Chinese claim to the area and returned to China. Since then two additional Chinese incursions were reported on 18 and 20 July.
Barack Obama is "pivoting" - again. He wants us to stop worrying about all the "phony scandals" and pat him on the back for the fine job he's done leading the economic recovery for the last four-plus years.
About two weeks ago, while making an important point about the Laffer Curve, here’s what I wrote about the fiscal disaster in Detroit.
Yesterday morning I had an opportunity to visit with an organization called World of Money dedicated to teaching young kids, mostly inner-city youth, about money. At times watching these kids go through their lessons I was moved to having to choke back tears. These would be tears of joy and pride.
Inquiring minds are digging into the latest Durable Goods Report by the Census Bureau.
If Democratic support for Obamacare fell because more Democrats suddenly wish the law went farther, that drop would occur first and primarily among left-wing Democrats, not moderates and conservatives.
In a recent op-ed for the Indianapolis Star I discussed the symbiotic relationship between federal and state government when it comes to doling out corporate welfare subsidies.
Yes, the most transparently opportunistic administration is becoming more transparent every day. In the midst of negotiations for a free-trade agreement between Europe and the U.S., the NSA Papers, made transparent by Edward Snowden, reveal that America has been spying on allies as well as enemies.
A liberal community organizing outfit in the great state of New-New-York (Colorado) was forced to delay their “gun-buy-back” program because of new laws mandating universal background checks. Their attempts were foiled by a law that mandates any “transfer of arms” must be accompanied by a background check. God, it turns out, has a tremendous sense of humor.
Being in the right areas of the market at any given point in time can vastly improve your investing experience. The obvious next question is, what are the right areas of the market at the current time?
You know things are bad when the President decides he’d rather talk about the economy than anything else. Also, Robert Mazur joined the program to discuss his past as an undercover DEA agent – and current day money laundering.
Why do people strive to become senators and congressmen? In my younger days — and more than likely if the unforgettable Mr. Smith (James Stewart) was asked this same question — I believe the response would have been, “To make a difference.” But as I’ve grown a little wiser I can't help but doubt. . .
Rep. George Miller, D-Calif., released a report yesterday illustrating the latest Republican hypocrisy. The report profiles 14 Republican congressmen who receive federal agriculture subsidies.
Back in 2010, I put together a “Moocher Index” as a rough measure of which states had the highest levels of welfare dependency after adjusting for poverty rates.
Today we'll get a glimpse of Obama 2.0 and his new (read "old") economic plan that will try at the same time to be a victory lap and also a call to arms.
Obama had lofty goals of helping 4 million Americans keep their homes with his Home Affordable Mortgage Program (HAMP). Here are some quick facts. . .