President Obama's reelection was a triumph of Big Data, technological innovation, and precision targeting over the usual gravity of an incumbent president with a record of economic failure. This was facilitated by largest data trove in the world, Google, lending talent, expertise, and quite possibly data to the cause.
Have you ever wondered how much we as taxpayers actually owe because of commitments politicians have made on our behalf? Turns out, the answer is not as simple as you might think.
One radio personality in particular keeps pounding the airwaves asking why any right thinking investor would want to tie his or her money up for the next ten years and earn a paltry 2% yield.
What makes this new regulation so disturbing is that it is a gross abuse of the regulatory process. For more than 90 years, Congress has maintained a policy of seeking to attract capital to the American financial system.