The Economist provides an interesting video of Robert Rubin, among a panel of finance and economics experts, participating in a simulation of what a US State financial default might look like. HT: Jeff Hummel
One day after the massive electoral rebellion across the U.S. against the mega-spending policies of Washington, President Barack Obama embarks on a ten-day trip to Asia with 3,000 people at a cost of $200 million per day alone in Mumbai, India: “The huge amount of around $200 million would be spent on security, stay…
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In Tribune Media Services, The Washington Examiner and Townhall.com In his weekly, nationally syndicated column this morning, “GOP’s first order: Extend the Tax Cuts,” Cal Thomas encouraged voters to visit MyGovCost for a “handy” way of getting a clearer perspective on the implications that an expiration of the tax cuts will have on an…
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In a new article in the Washington Post, “Obama’s electric-car cult,” Charles Lane reveals how the massive subsidies for electric cars by the federal government “serve no particular purpose, environmental or economic”. The article cites: [A] new, 72-page report by J.D. Power and Associates, “Drive Green: The Global Automotive Industry Outlook” that confirmed, in…
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