BofA's $315M Settlement Approved - Zacks.com

Seeded on Thu May 10, 2012 7:27 PM EDT ()

The first paragraph of this article is the elephant in the room that nobody seems to really grasp. Yes, it's very easy to blame public employees' unions and their high end pension plans on the shortfalls experienced within state pension plans. It's very easy to blame out of cont …

Accountability Time - Quitting Smoking - Day One (UPDATE: Day 19)

Fri Nov 11, 2011 11:15 AM EST

I'm now on my nineteenth day without a cigarette (some days are tougher than others, but I'm hanging in there a day at a time), and this is what I wrote on 11/11/11... Last night, at around 11:00pm, I sat on my back porch and thoroughly enjoyed inhaling tar, nicotine, and …

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smoking, not-news, quitting

So How Much Would One Half of One Percent Hurt Someone Making $3 Million Per Year?

Fri Oct 21, 2011 6:35 PM EDT

Last night, every Republican (and, to be fair, a few Democrats) in the United States Senate refused to move forward on a bill that would fund 400,000 jobs for teachers, police officers, and fire fighters.

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taxes, politics, jobs-act

Why companies won't hire - CNN.com

Seeded on Mon Aug 8, 2011 4:07 PM EDT (CNN)

Today likewise, things have returned more or less to normal for the affluent -- without taking much of a bite out of the unemployment numbers. In fact, on our current trajectory, the U.S. will catch up to 2007 levels of economic output sometime in the next couple of months.

business

Political Animal - A timeline of events

Seeded on Mon Aug 8, 2011 12:04 PM EDT (Political Animal)

End of the timeline...

politics

Robert Reich (Slouching Toward a Double Dip, For No Good Reason)

Seeded on Mon Aug 8, 2011 11:50 AM EDT ()

Imagine your house is burning. You call the fire department but your call isn’t answered because every fire fighter in town is debating whether there will be enough water to fight fires over the next ten years, even though water is plentiful right now.

politics

Mitt Romney: Obama Is 'Out Of His Depth,' The Nation's Security Is At Risk

Seeded on Mon Aug 8, 2011 11:30 AM EDT (The Huffington Post)

CONCORD, N.H. -- Republican presidential candidate Mitt Romney blamed President Barack Obama Monday morning for Standard & Poor's downgrade of U.S.

politics

Repeal ObamaCare? Really? How?

Wed Nov 3, 2010 11:24 AM EDT

So with the sweeping victory in the House last night, as well as the gaining of seats in the Senate, I imagine the talk about "Repealing ObamaCare!!!" will continue to escalate over the next couple of months...actually, though, I imagine that most of the talk will come from the …

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politics, care, health-care-reform, obama-care, obamacare

I Just Created Two Jobs...And I'm Not Rich!

Mon Sep 20, 2010 12:04 PM EDT

Part of the mantra being touted by the right side of the aisle is that we cannot repeal the Bush Tax Cuts for the wealthy because it's the wealthy people that create jobs.

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jobs, taxes, politics, unemployment, rich, middle-class, tax-cut

The "Ground Zero Mosque" Controversy and the September 11 Quran Burning Controversy are NOT Twins

Thu Sep 9, 2010 6:24 PM EDT

It has been brought forth by the ridiculous right (oh, and House Minority Leader Boehner) over the past few days that burning the Quran on September 11 is as controversial as building the "Ground Zero Mosque" so close to the site of the worst act of terrorism on US soil.

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politics, islamic, quran, ground-zero-mosque, quran-burning

Part One: America...We Have a Problem (With Poll)

Mon Sep 6, 2010 4:07 PM EDT

As I sit down to write this, I have a feeling of despondency as to whether we'll ever come to any viable solutions to correct the error of our ways.

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america, politics, unemployment, democratic, republican, wages

Beware of wealthy clients' 'impossible demands': Barclays - Investment News

Seeded on Fri Sep 3, 2010 2:44 PM EDT (investmentnews.com)

The ultra rich saw their wealth rise by almost 22 percent in 2009, faster than other millionaires' 19 percent returns, according to a June report by Capgemini SA and Merrill Lynch. The report attributed the higher gain to a "more effective reallocation of assets."

business, tax-cuts, rich, wealth, ultra-rich

U.S. Economy: Consumers Gain Confidence as Employment Improves

Seeded on Tue May 25, 2010 1:13 PM EDT (Bloomberg.com)

So how is this going to be spun into "Obama's ruining the country" news?

business, labor-department, ihs-global-insight, exceeds-forecasts, bloomberg-radio

Conflicting Myths - Illegal Immigrants Take Jobs that Americans Don't Want while Stealing Jobs from Americans

Wed May 12, 2010 11:16 AM EDT

With Arizona's new "Papers, Please" legislation, illegal immigration reform has become one of this quarter's "Hot" stories, fueling emotions and endless rhetoric about solving this problem...and solving it today!

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politics, illegal, illegal-immigrants, wages, myth, immigration-reform

Goldman Sachs - Perfect

Seeded on Tue May 11, 2010 1:08 PM EDT (Here Is The City)

A recent regulatory filing has revealed that, for the first time in its 140-year history, the firm went through a quarter without sustaining a trading loss.

business, bank, goldman-sachs, profits

US subprime delinquencies drop 1st time in 4 years

Seeded on Thu Apr 8, 2010 1:02 PM EDT (Reuters)

Late payments on U.S. subprime mortgages fell in March for the first time in four years while defaults on prime home loans kept escalating to top 10 percent for jumbo loans, Fitch Ratings said on Wednesday.

mortgage, loans, us-news, subprime, sub-prime, mortgage-crisis

The Most Money Ever Made In One Year

Seeded on Tue Apr 6, 2010 1:02 PM EDT (Here Is The City)

The top 25 made a record $25.33bn last year, with Appaloosa Management's David Tepper bagging $4bn - itself an industry high for one man for one year's work.

business, hedge-fund-managers

Making Financial Reform Fool-Resistant

Seeded on Mon Apr 5, 2010 10:45 AM EDT (The New York Times)

The White House is confident that a financial regulatory reform bill will soon pass the Senate. I'm not so sure, given the opposition of Republican leaders to any real reform.

business, senate, wall-street, dodd, dodd-bill, financial-reform

I Saw the Crisis Coming. Why Didn't the Fed?

Seeded on Mon Apr 5, 2010 10:23 AM EDT (The New York Times)

ALAN GREENSPAN, the former chairman of the Federal Reserve, proclaimed last month that no one could have predicted the housing bubble. "Everybody missed it," he said, "academia, the Federal Reserve, all regulators."

business, greenspan, housing-bubble, meltdown, mortgage-crisis

Obama Slams Pundits over Health Reform

Seeded on Thu Apr 1, 2010 4:51 PM EDT (Raw Story)

"Every day since I signed the reform law, there's another poll or headline that says 'Nation still divided on health reform,' 'Polls haven't changed yet,'" Obama said, nine days after signing the bill into law. "Well, yeah. It just happened last week, it's only been a week!

politics, health-reform

CLOs to End 12-Month Drought in Citigroup Deal: Credit Markets

Seeded on Thu Mar 18, 2010 9:53 AM EDT (Bloomberg.com)

Not sure whether this is such a great idea. It's interesting that these types of investment instruments are now being called CLOs rather than CDOs.

business, mortgages, loans, banking, debt, brokerage, clos, derivatives, cdo, clo

Job losses continue but rate falls

Seeded on Fri Feb 5, 2010 10:23 AM EST (CNN)

The unemployment rate fell to 9.7% in January, much lower than economists' forecasts of 10%. It is the lowest rate since August.

economy, jobs, unemployment, us-news

Forced Out - But Bank Boss Has $125m Reasons To Be Cheerful :: Business News :: Here Is The City News :: The Latest Business & Financial Markets News And Views

Seeded on Fri Oct 2, 2009 7:57 PM EDT (Here Is The City)

From the article...

business, economy, bank-of-america, bailout, executive-compensation

Media Resources Prepared School Remarks

Seeded on Mon Sep 7, 2009 1:25 PM EDT (Welcome to the White House)

So what is it that anyone finds offensive? I don't have any problem with a President looking to inspire our youth. I'm proud that my daughter will get a chance to watch this speech tomorrow, and I look forward to talking with her about it.

education, speech, school, obama, responsibility, remarks

Robert Kuttner: Hard Labor

Seeded on Mon Sep 7, 2009 12:45 PM EDT (The Huffington Post)

From the article...

business, recovery, unemployment, obama, labor-day, business-news, economic-recovery, stimulus-package

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Obama bashes 'trickle down' economics in Florida speech
Source: Raw Story
During speech in Florida on Tuesday, President Barack Obama said that “trickle down” economics never worked and called for Congress to pass the so-called “Buffett Rule.” “This is not about a few people doing well, we want people to do well, that&r …
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Female Witness Hits Back at Darrell Issa: "I'm a Woman Who Uses Contraception, That Makes Me Qualified" to Testify
Source: AlterNet.org
Democrats on the House Democratic Steering and Policy Committee held a special hearing Thursday morning in response to the GOP’s decision to prevent women from testifying in support of an Obama administration rule requiring employers to provide birth control wit …
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