Government

Post image for Congress Fails, Markets Wail.  Supercommittee Can’t Agree On A Deal.

Congress failed to strike any deficit reduction deal or compromise on a plan that would replace the mandatory cuts put in place in case negotiations failed. The Super Committee’s inability to reach a deal triggers [...]

Washington – CBO Congressional Budget Office projected 2011 government receipts for 2011 at 15.4 percent of GDP or 2.6 percent below the 40-year average of 18 percent. Obama Steps In According to White House representative [...]

Former U.S. president Bill Clinton offers solutions to fix the economy in book and interviews. Like a helicopter parent, former president Bill Clinton gives economic advice to the second straight sitting U.S. President. According to [...]

Washington, DC – Boehner cites Obama’s “class warfare” as why Obama’s relationship with him has cooled. Revenues are still the main hurdle in negotiations for the “super committee” or the Joint Select Committee on Deficit [...]

Barton Biggs thinks European Austerity is a “big mistake”. As noted in the Ireland austerity piece, the reward to severe austerity during down times are lower GDP and higher costs to borrow. Biggs wants increased [...]

Washington, D.C. Obama’s refinance plan could positively help at least 800,000 homeowners with negative equity… possibly millions. Why does this matter for the overall economy? Most While Obama’s American Jobs Act focuses on start ups [...]

Post image for Rogue Politicians Are Pushing the US Toward the Same Irish Cliff

Ireland. Pre economic meltdown, Ireland had one of the fastest growing economies in the EU. Real estate grew at precipitous rates and it’s GDP surged. Then the global recession hit hard, tumbling Ireland to the [...]

by Guest Financial blog writer Amy Lewis Debt relief provides people, businesses and governments with a fresh financial start. In a report named ‘The Small Business Economy 2009’, the Small Business Administration describes that because [...]

Quantitative easing is the lightning rod topic for economists and pseudo-economists talking heads. What has the role of government been and how has it affected the market? Talking heads from the political and financial sector [...]