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The current Obama care legislation working it’s way through the Senate could push the effective marginal tax rate of low and middle income earners up to the 70 — 80% bracket, and under some conditions, it could even exceed 100%. This would...
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Bad news always seems to break on the weekends:
On Friday (September 25, 2009), Obama and European allies rolled out what they hope is their most convincing argument yet of Iranian intentions: intelligence suggesting that a...
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The last depression the U.S. went through was in 1930’s, and it was part of huge global downturn.
From a Market update newsletter from Sprott Asset Management, Eric Sprott & David Frankin write: “We are Now in the Early Stages of a...
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Despite well-spoken presidential speeches, the frenzied activities of 100s of cheer-leading liberal and leftist blogs, and the dreams and prayers for “a new New Deal,” it’s probably already game over for the new “hope and...
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Floyd Norris, in the “Off The Charts” columns in the Economy section of the New York Times declares “Leading Indicators Are Signaling the Recession’s End”
but only after it has become the deepest downturn in more than half a...
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