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Jonah Goldberg
Posted: 9/16/2011 12:01:00 AM EST
"If you love me, you've got to help me pass this bill."
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John Ransom
Posted: 9/16/2011 12:01:00 AM EST
Sources familar with the law that governs the loan made under the Solyndra program however say that a plain reading of the law prevents the administration from allowing investors to jump ahead of government guaranteed loans under any circumstances.
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Sheraz Mian
Posted: 9/16/2011 12:01:00 AM EST
I am not terribly concerned about the CPI number, but I must concede that the Jobless Claims report turned out to be quite disappointing. Weekly Jobless Claims increased by a greater than expected 11K for the week to 428K
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Eric Singer
Posted: 9/16/2011 12:01:00 AM EST
With 78 million baby boomers starting to cash out, each entitled to benefits at age 62 continuing for over 22 more years on average, Social Security fits within the definition of a Ponzi scheme. Just because the government can currently coerce new participants doesn’t mean today’s young workers want to pay in or that boomers won’t want their cash. It’s not self-sustaining as originally presented.
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Michael Vodicka
Posted: 9/16/2011 12:01:00 AM EST
Anyone searching for a counter cyclical stock that benefits from high unemployment and a weak credit market needs to start looking at pawn and payday lenders. I'm sure images of toothless criminals, shady back-alley deals and missing gold chains come to more than a few minds. But a closer look at the group reveals a very legitimate industry that has seen big gains over the last two years in the weak consumer environment.
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Morgan Brittany
Posted: 9/16/2011 12:01:00 AM EST
At the weekend G7 meeting, Christine Lagarde softened the IMF’s concerns about the capital adequacy of European banks. However, the communiqué reiterated the G7’s support for the Basel III bank regulatory process (that Jamie Dimon says disadvantages U.S. banks)
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Jeff Carter
Posted: 9/16/2011 12:01:00 AM EST
There is a “wish list” for House Democrats in the context of the Joint Select Committee on Deficit Reduction, which was created as part of the Budget Control Act of 2011. Note the inclusion of taxation of carried interests on the list and in the description.
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Michael Barone
Posted: 9/15/2011 12:01:00 AM EST
One factor favoring President Obama's re-election, according to a recent article by political scientist Alan Lichtman, is the absence of scandal in his administration. Lichtman may have spoken too soon.
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John Ransom
Posted: 9/15/2011 12:01:00 AM EST
In February, the administration renegotiated with Solyndra’s billionaire investor- remember the one who was also a big contributor to the Obama campaign?- as the company was failing. That deal allowed billionaire George Kaiser’s foundation to jump ahead of the American taxpayers for all but $150 million of the government’s $527 million loan in any company bankruptcy. Oh, and it’s a transaction that also happens to be illegal.
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Ken Blackwell
Posted: 9/15/2011 12:01:00 AM EST
It’s been a rough season for Nobel Peace Prize winners.
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Ralph Benko
Posted: 9/14/2011 12:01:00 AM EST
A sure signal of a rising policy vector? The Washington Post sends forth a top gunslinger to attack it — “it” being the gold standard and the GOP candidates for considering it.
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Bob Beauprez
Posted: 9/14/2011 12:01:00 AM EST
Emails obtained by investigators for the House Energy and Commerce Committee and released to ABC News demonstrate how deeply involved the White House was at the highest levels in fast-tracking the approval of the politically well connected start-up in direct conflict with numerous private as well as government warnings that the survival of the company was very doubtful.
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Political Calculations
Posted: 9/14/2011 12:01:00 AM EST
According to data just released by the U.S. Census this morning, in 2010, the median income earned by an individual American was $26,197, or rather, 50% of Americans earned more than that amount and 50% earned less than that amount. The average (or mean) income was $38,337.
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Michelle Malkin
Posted: 9/14/2011 12:01:00 AM EST
With the scandalous bankruptcy of Solyndra (a shady California solar power company that received $535 million in stimulus funds and is now under investigation by the FBI) hanging overhead, President Obama wisely whitewashed any mention of "green jobs" out of his latest address to Congress.
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Dave Ramsey
Posted: 9/14/2011 12:01:00 AM EST
I work for a real estate company, and they’re really pushing us to take advantage of a first-time homebuyer deal. The program offers 100 percent financing, no money down and no private mortgage insurance. They say it’s a great deal. What do you think?
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John Ransom
Posted: 9/14/2011 12:01:00 AM EST
According to records compiled by the Farm Subsidy database, Lugar received $165,687 in farm subsidies during a decade and half in the Senate, including the six years he spent as chairman of the Senate Agricultural Committee. He also joined the Chicago Climate Exchange. Geesh.
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Michael Vodicka
Posted: 9/14/2011 12:01:00 AM EST
Royal Gold, Inc. (RGLD) has seen huge gains over the last two months, with shares up as much as 30% as gold hit a series of new all-time highs. With estimates on the rise and gold fever running strong, this Zacks #1 Rank stock is at the top of the momentum chart.
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Mike Shedlock
Posted: 9/14/2011 12:01:00 AM EST
I was wondering if you would hazard an estimate as to the current number of unemployed who have exhausted all benefits. I know BLS and Department of Labor doesn’t keep track of that population.
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Lincoln Brown
Posted: 9/14/2011 12:01:00 AM EST
These are the same millionaires calling for higher taxes on everyone else. These are the same people that build permanent ski resorts and fight against temporary gas wells. These are the new Marie Antoinettes telling you to have a bite of cake.
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Jeff Carter
Posted: 9/14/2011 12:01:00 AM EST
There is a possibility of the Eurobond actually happening. German chancellor Merkel said to save Greece she would consider it. Previous to that she was against a Eurobond.