Zuckerberg’s $1 Billion Consumption Tax Payment
When you study economics you find out that lots of things average people believe just aren’t so. You learn that inflation is caused by monetary...
Author : Wall Street Pit
How Obama Goosed the Jobs Numbers
As long as I can remember, people have always complained about the accuracy of government-reported statistics and claims. For instance, every year, the government reports...
Be Wary of Re-Focus on European Instability
The market opened lower this morning after news of a weak Italian debt auction but was able to rally back to near the flat line....
Robert Shiller Concerned About Drop in Home Prices
Case-Shiller Index co-author Robert Shiller spoke with FOX Business Network (FBN) about his concerns surrounding homeownership. Shiller said he thinks the mortgage interest deduction “looks...
Health Care Premiums: Bend Over ‘n Brace Yourself
I guess we might soon expect Ben Bernanke and his pals at the Federal Reserve to discount the cost of health care from the core...
Labor Torpedoes Immigration Reform
Can you have immigration reform without a viable worker visa program? I...hink...hat most would answer no. Without a scheme...hat provides guest workers sufficient...o meet...he needs...
EU Antitrust Authorities Eyeing Apple iPhone Accords, Report
European Union [EU] antitrust regulators are looking into documents submitted by a group of European telecom-carriers over antitrust fears, a media report on Thursday said....
Deposit Taxes: Should We Prepare?
There’s no way it could happen in the United States. That’s the conventional wisdom on this side of the pond about the ECB’s bailout of...
Missing the Forest For the Trees: Cyprus Edition
The Cyprus bank heist has received a lot of coverage, but in most cases the analysis is missing the forest for the trees. The real...
Retail Stocks Showing Possible Consumer Retreat
Everyone knows that consumer spending keeps the economy running in the United States. If the consumer decreases their spending, the economy will usually come to...