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Tax Reform: The current federal income tax system is effectively REGRESSIVE!
From InvestmentWatch, 2 year ago, Read 0 times. Similar articles
The current federal income tax system is effectively REGRESSIVE due to numerous tax loop holes and ridiculous complexity which makes it ripe for abuse. This is why Warren Buffet, the 2nd wealthiest person in the U.S., pays a lower tax rate (e.g. 17.7% in federal taxes on $46 Million in year 2006),...
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It begins - Option ARM resets / recasts
From InvestmentWatch, 2 year ago, Read 0 times. Similar articles
The next residential mortgage default wave to slam ashore…. The warnings about this have been sounding for months.
MORE HOMEOWNERS STRUGGLING AS OPTION ARMS RESET HIGHER
CNBC
Published: Tuesday, 12 Jan 2010
Thousands of American homeowners are starting to see their monthly mortgage payments...
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We had a bit of selling today'???what next'
From InvestmentWatch, 2 year ago, Read 0 times. Similar articles
Well, we did experience some -800 ticks today, but we did not quite get to a -1000 tick…….
It is not too much to ask, is it' For there to be enough beginning of year selling to reach a measely -1000 tick'??
So, until we see more of a capitulation of selling (as measured by an extreme...
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Must-Know News - Jan. 12
From InvestmentWatch, 2 year ago, Read 0 times. Similar articles
1) California May Delay March Bill Payments on Cash Dip
“Jan. 11 (Bloomberg) — California may delay paying some bills in March because the most-populous state projects it will have less cash than the cushion it likes to maintain, an official in Governor Arnold Schwarzenegger's budget...
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Focus on the big picture re: employment.
From InvestmentWatch, 2 year ago, Read 0 times. Similar articles
Ask some questions:
1) What is employment'
Ans. It’s the part of the production equation:
Production = raw materials + labor + capital
2) What might the US do to improve its demand for labor'
Ans. The obvious first answer is if nothing else changed, the cost of labor has to come down. This...
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GLOBALIZATION
From InvestmentWatch, 2 year ago, Read 0 times. Similar articles
Globalization initially meant a transfer of business production that was ?labor intensive to a lower labor cost country', ?regulatory intensive to a freer labor or environmental operation country' and ?tax intensive to a lower tax country'.
Later Globalization was a means of outsourcing. To...
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Great Atlantic & Pacific loses $14.35 a share vs 0.72 expected
From InvestmentWatch, 2 year ago, Read 0 times. Similar articles
Lost even more money vs. same period last year.
NEW YORK (MarketWatch) — The Great Atlantic & Pacific Tea Company Inc. said Tuesday that it lost $560 million, or $14.35 a share in the third quarter. In the same period last year the grocer lost $14 million, or $1.90 a share. This...
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I noticed that beginning around the first of the month'
From InvestmentWatch, 2 year ago, Read 0 times. Similar articles
An elevated level of 2010 “recover hyperbole” was getting passed from continent to continent…from the U.S. then to Asia and to Europe and back to the U.S. again…and so on.
All of this foolishness was working…for awhile…intil Alcoa (somehow by some force) had to...
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People are buying less from china..
From InvestmentWatch, 2 year ago, Read 0 times. Similar articles
Published January 12, 2010
Shanghai box volume falls as China trade slumps
(SHANGHAI) Shanghai’s annual cargo box traffic fell for the first time in more than three decades on slumping demand for Chinese exports, undermining the port’s bid to surpass Singapore as the world’s...
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A U.S. soldier surveys a German concentration camp
From InvestmentWatch, 2 year ago, Read 0 times. Similar articles
It is a matter of history that when Supreme Commander of the Allied Forces, General Dwight Eisenhower, found the victims of the death camps, he ordered all possible photographs to be taken, and for the German people from surrounding villages to be ushered through the camps and even made to bury the...
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Ron Paul: Geithner Should Be Fired Over Bankergate
From InvestmentWatch, 2 year ago, Read 0 times. Similar articles
Congressman Ron Paul has called for Treasury Secretary Timothy Geithner to be fired for his involvement in the AIG bailout scandal, adding that the fiasco proves the Fed should be stripped of its powers and audited.
Explosive emails released last week could see Treasury secretary Timothy Geithner...
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