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Romney's Lead Economist Urges Policies that will Cause the Next Financial Crisis
Monday, April 16, 2012 - 8:11amPresidential nominees of either U.S. party can secure economic advice from any economist in the world. This makes it all the more amazing and sad that they choose economists with track records of disastrous policy advice. Bill Clinton chose Robert Rubin, George W. Bush chose Gregory Mankiw,...
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Principal Reduction: To Be Or Not To Be, That Is The Question
Wednesday, April 11, 2012 - 11:48am
“To be, or not to be, that is the question: Whether ’tis Nobler in the mind to suffer The Slings and Arrows of outrageous Fortune, Or to take Arms against a Sea of troubles, And by opposing end them: to die, to sleep” Where is Shakespeare and his logic when we need him?Ed DeMarco, head of...
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Saturday, March 31, 2012 - 9:46pm
For All the King's Kroner: A Question of Leadership and Politics
Is it time that we have a national discussion on leadership and viable political discourse in America? Given political dysfunctionality in Washington, economic uncertainty ailing everyday citizens, and recent headlines that illustrate sensitive divisions in the US, perhaps a bit more effective...
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Thursday, February 23, 2012 - 7:21am
Will Obama's Privacy Bill Protect Us from Google?
In the aftermath of privacy breaches and consumer outrage, the Obama administration has introduced the “Consumer Privacy Bill of Rights.” According to the Associated Press, the bill includes privacy protections with “voluntary but enforceable rules.” Administration officials are urging tech...
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Confederacy-lite: The Oklahoma's AG's Civil War Against the United States of America
Monday, February 13, 2012 - 12:36amThe fact that only 49 State Attorneys General ("AG") entered into the mortgage fraud foreclosure fraud settlement focused attention briefly on Oklahoma’s AG, E. Scott Pruitt. The Oklahoma Republican Party bills Oklahoma as the reddest state, and Pruitt is beet red. He refused to enter into the...
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Obama Refinance Plan 3.0
Thursday, February 2, 2012 - 3:02pm
By now everyone has learned that this week President Obama presented his plan, which will need Congressional approval to enact, to refinance homeowners' underwater mortgages which are not held by Freddie or Fannie. This is different from President Obama's Refinance plan 2.0, which only offered refi...
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Monday, January 30, 2012 - 7:32am
Holder & Obama's Propaganda is "Belied by a Troublesome Little Thing Called Facts"
The Obama administration’s record of prosecuting elite financial frauds is worse than the Bush administration’s record, which is a very large statement. Syracuse University’s TRAC issued a report on November 11, 2011 entitled “Criminal Prosecutions for Financial Institution Fraud Continue to Fall...
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The Buffett Rule is Bad Tax Policy, Keep Lower Long Term Capital Gains Rates
Thursday, January 26, 2012 - 5:55pm
By Robert A. Green, CPA and founder of Green & Company Inc. (GreenTraderTax.com and GreenTraderFunds.com) Mitt Romney's tax returns have reignited discussion over the lower long-term capital gains tax rates. The Buffett Rule In his State of the Union speech, President Obama called for a new...
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Tuesday, January 10, 2012 - 10:11am
Are Iran Fears Totally Baseless?
There has been a lot of discussion lately about the rising threat of Iran becoming the new top enemy of the United States. Especially, the Republican presidential candidates have voiced their concerns over Iran's nuclear program and actions to shut the Strait of Hormuz, which is a main shipping...
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President Obama's View of Fraud "From 40,000 Feet" (Without an Oxygen Mask)
Sunday, December 18, 2011 - 8:07pmSixty Minutes' December 11, 2011 interview of President Obama included the following gem: KROFT: One of the things that surprised me the most about this poll is that 42%, when asked who your policies favor the most, 42% said Wall Street. Only 35% said average Americans. My suspicion is some of...
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