http://www.youtube.com/watch?v=PTUY16CkS-k
How Much Do You Think I Deserve To Keep? One of the best questions ever asked in a political debate was posed by a young man at last week’s GOP debate in Tampa, Fla. He asked, “Out of every dollar that I earn, how much of that do you think I deserve to keep?” Moderator Wolf Blitzer directed the question to former Utah Governor Jon Huntsman, who said: “…for you we leave it at 8 percent, 14 percent, 24 percent.” Then Blitzer moved the discussion to corporate tax breaks. The original question wasn’t posed to any of the other candidates. Why?
The Crash Course The Crash Course has provided millions of viewers with the context for the massive changes now underway, as economic growth as we've known it is ending due to depleting resources. But it also offers real hope. Those individuals who take informed action today, while we still have time, can lower their exposure to these coming trends -- and even discover a better way of life in the process. We'll show you how. For the best viewing experience, watch the above video in hi-definition (HD) and in expanded screen mode
30 SECOND GUIDE: Operation twist By Daily Mail ReportersUPDATED: 08:08 GMT, 20 September 2011 The Daily Mail City team explains what is the effect of operation twist on the economy as the Fed is expected to do something at its two-day meeting this week to boost growth. What’s that? It is what the financial markets are expecting from the US Federal Reserve this week to boost growth in the flagging American economy.
Northwest Eyes Big Gains From Free Trade Agreements Update Required To play the media you will need to either update your browser to a recent version or update your Flash plugin. WASHINGTON, D.C. - Northwest lawmakers say the region’s economy stands to reap big benefits from free trade agreements with South Korea, Colombia and Panama. After years of stop-and-start debate, both chambers of Congress approved those bills Wednesday. It’s not often that Oregon Democrat Ron Wyden and Idaho Republican Jim Risch come down on the same side of a big vote in the Senate –- but when it comes to free trade… Here’s Wyden: “It seems to me, that when we have an opportunity to promote exports, we ought to take it.”
Recovery before Reform - Robert Skidelsky Exit from comment view mode. Click to hide this space LONDON – The financial crisis that started in 2007 shrunk the world economy by 6% in two years, doubling unemployment. HERP : Calculated Risk: A few comments on the HARP Refinance Program changes by Bill McBride on 10/24/2011 04:38:00 PM Here is the press release from the FHFA: FHFA, Fannie Mae and Freddie Mac Announce HARP Changes to Reach More Borrowers • One of the key elements is the elimination of seller and servicer reps and warrants on these loans. Several readers have asked if that is a "gift" for the originators?
Adbusters Calls For Occupy Wall Street To Demand G20 Impose 'Robin Hood' Tax NEW YORK (Michelle Nichols) - An anti-capitalist group which sparked the Occupy Wall Street movement has called for global protests Saturday to demand G20 leaders impose a ``Robin Hood'' tax on financial transactions and currency trades. Canada-based Adbusters wants the Occupy Wall Street protest movement against economic inequality to take to the streets to call for a 1 percent tax on such deals ahead of a Nov. 3-4 summit of the Group of 20 leading economies in France. ``Let's send them a clear message: We want you to slow down some of that $1.3 trillion easy money that's sloshing around the global casino each day -- enough cash to fund every social program and environmental initiative in the world,'' the activist group said on its website, www.adbusters.org. Thousands turned out for a global day of protests on Oct. 15, which were mostly peaceful apart from in Rome, where there were riots. ``As the movement matures, let's consider a response to our critics.
Director's Blog » Blog Archive » Trends in the Distribution of Income CBO Releases "Updated Estimates of the Effects of the Insurance Coverage Provisions of the Affordable Care Act, April 2014" April 14, 2014CBO and JCT have lowered their estimates of the net federal cost of the ACA’s insurance coverage provisions—to $1.4 trillion over the next decade, about $100 billion less than estimated in February. read more CBO Releases "Updated Budget Projections: 2014 to 2024" April 14, 2014The deficit will decrease to $492 billion in 2014, CBO projects. CBO Releases "Testimony on Increasing the Minimum Wage: Effects on Employment and Family Income" March 12, 2014Director Doug Elmendorf testified on the effects of raising the minimum wage, noting that such an increase would boost family income for many low-wage workers but that some jobs for low-wage workers would probably be eliminated.
S&P 500 Extends Biggest Monthly Rally Since 1974 on Europe Deal Oct. 27 (Bloomberg) -- U.S. stocks rose, extending the biggest monthly rally since 1974 for the Standard & Poor’s 500 Index, as European leaders agreed to expand a bailout fund to $1.4 trillion and American economic growth accelerated. Bank of America Corp. and JPMorgan Chase & Co. advanced at least 8.3 percent, following gains in European lenders. The Dow Jones Transportation Average, a proxy for the economy, jumped 4.5 percent. The index extended its October rally to 20 percent and is poised for its best monthly gain since 1939. Alcoa Inc. and General Electric Co. climbed more than 6.2 percent to pace gains in companies most-dependent on economic growth. The S&P 500 rose 3.4 percent to 1,284.59 at 4 p.m.