Big corporations don’t care about the tax rate, but Politicians sure care. Why doesn’t someone explain to John McCain that HE is part of the tax problem in this country. . . Not Apple. John Ransom also spoke with Erika Holzer about her newest novel, Freedom Bridge. It is more relevant in today’s world than you would think.
In Other News:
The 5th amendment is designed to protect the innocent, and exercising it should not be seen as an incrimination of one’s self. . . That being said, it really doesn’t look too good:
CNBC's Harwood: Lerner Pleading Fifth Is "Worst Possible Outcome For White House" | RealClearPoliticsOne word answer: “Obamanomics.” In the form of a question? “Obamanomics?”
What’s Holding Back Hiring? - Real Time Economics - WSJ
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Show Prep:
| BIG THREE: |
| Another trend to watch for in this rising market: |
| Share Buybacks May Fuel Bigger Stock Market Rally: Video - Bloomberg |
| Buy Back, dividends, anything but JOBS |
| Wait is Ben Bernanke going to say? *Yawn* more QE. . . |
| Fed Chairman Bernanke Opening Statement |
| The Kangaroo court (AKA Senate hearing) on Apple’s taxes has shifted focus to low tax countries: |
| Ireland Goes on Defensive Over Apple Taxes: Video - Bloomberg |
| Related: |
| International Cooperation Needed on Tax: David Cameron |
Notebook