Obama spoke this week during the State of the Union: “Let’s set party interests aside, and work to pass a budget that replaces reckless cuts with smart savings and wise investments in our future. … It’s not a bigger government we need, but a smarter government that sets priorities and invests in broad-based growth.” He […]
February 13, 2013
In his 2008 campaign Obama attacked this. Now Obama has nominated him for Treasury Secretary to replace Timothy Geithner. NY Times: “As recently as 2010, Jack Lew, President Obama‘s nominee to be the next secretary of the Treasury, had $56,000 invested in a CitiGroup venture capital fund based in the Cayman Islands’ notorious Ugland House, […]
February 13, 2013
Last night’s State of the Union was focused on more of the same, spending, although redefined as investing. The plan never changes, the words do. Government spends/invests, government creates, paid for with higher taxes, and in the end it’s just more debt. One of those areas in the plan which has again been reintroduced is […]
February 12, 2013
Pelosi Sunday morning on Fox: “We have to make a judgment about what, how do we get growth with jobs, that is where the real revenue comes from. You don’t get it by…cutting your education and cutting back on investments in science and National Institutes of Health, food safety, you name it. So, it isn’t […]
January 28, 2013
NYP: “The city’s hedge-fund executives are flying south — and it’s not for vacation. An increasing number of financial firms, especially private equity and hedge funds, are fed up with New York’s sky-high city and state tax rates and are relocating to the business-friendly climate in Florida’s Palm Beach County. And they’re being welcomed with […]
January 28, 2013
The no tax states are looking very healthy today. We looked at some of the corporations which have pulled a Mickelson in California; Ebay, Wells Fargo, Rockwell Collins, Legacy Electronics, Hyundai Capital, MVM Tech, Fallbrook Tech, Chevron, EDM Labs, Tickets.com, Claim Jumper, Capital One, Kairak, Callaway Golf, Bubba Gump, SumTotal Systems… In 2010 204 companies […]
January 7, 2013
Rep Smith(D) recently spoke to The Hill about sequestration: “At a certain point the industry has to deal with what’s coming at them. They did what they could, but just the broader challenges of addressing our deficit issues are too great for anyone at this point.” Yesterday on Face The Nation Pelosi discussed future post […]
January 2, 2013
Last night the House passed the Senate bill to avert the Obama Cliff. Nobody’s taxes were cut, entitlements were extended, tax increases were used to fund spending increases, and spending was increased by well over $300 Billion. Let’s look back at what we said yesterday. Burst Updates, Jan 1: Long term unemployment remains as is, […]
January 1, 2013
Long term unemployment remains as is, capital gains and inheritance change, sequestration is delayed, but the heart of this deal is ‘Old 41′, $620 Billion in new taxes and $15 Billion in spending cuts. That’s the ratio Obama came before the country yesterday afternoon and campaigned for while the Senate was trying to work something […]
February 14, 2013
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