Posts Tagged ‘government spending

10
Oct
09

new ‘transactions’ tax is the window i’ve been waiting for

the 1-3% corrrection this might cause on monday is the window i’ve been waiting for to get back into stocks:

excerpt:

“This week, the left-leaning Economic Policy Institute floated the idea of a national transaction tax that would raise $100 billion to $150 billion a year. The tax, at a rate of 0.1% to 0.25% of the value of the trade, would be levied on all financial transactions such as stock trades, but not on consumer transactions such as with credit cards.”

http://online.wsj.com/article/SB125512957855977163.html

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29
May
09

ralph nader on gov’t-industrial complex GM bailout

just a prelude of the central planning to come????

http://online.wsj.com/article/SB124355327992064463.html

excerpt: 4) Why is the task force permitting GM to increase manufacturing overseas for export back into the U.S.? Under the GM reorganization plan, the company will rely increasingly on overseas plants to make cars for sale in the U.S., with cars made in low-wage countries like Mexico rising from 15% to 23% of GM sales here. For the first time, GM plans to export cars from China to the U.S. in what is a harbinger of the company’s future business model. What is the conceivable rationale for permitting GM to increase manufacturing overseas — especially in dictatorships, for export back into the U.S. — when preserving jobs and industry is the avowed goal of this immense taxpayer bailout?

27
Aug
08

obamanomics

ny times profiles obama’s economic philosophy and guesses at how he will govern the economy.

http://www.nytimes.com/2008/08/24/magazine/24Obamanomics-t.html?_r=1&scp=1&sq=obamanomics&st=cse&oref=slogin




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