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Slow Road to Hell: Spain Entertains VAT Hike

Posted in Hot News on 11th April 2012

Of all the inept policy moves in the midst of a clear depression, hiking taxes is correct at the top of the checklist. However, that is the path Spain is on, because it will not meet its price range projections.Right here is a website link to an amusing "as is" Google translation of an report ...

Inconsistencies in Spain’s Budget Suggest Deficit will be 7% not 5.3%; Andalucia Regional Government Will Not Agree to Deficit Targets; Only 26% Trust Prime Minister to Overcome Crisis

Posted in Hot News on 10th April 2012

Courtesy of Google translate, please take into account The inconsistencies of the State Spending budget for 2012 A lot is written these days about the spending budget submitted by the Government for 2012, which proposes that the deficit be lowered to five.three% of GDP. In this article we focus not on a complete evaluation of these ...

Bernanke says banks need bigger capital buffer

Posted in Economy on 10th April 2012

1 of 2. U.S. Federal Reserve Chairman Ben Bernanke pauses as he gives a lecture on the 2008 global financial crisis in a classroom at George Washington University School of Business in Washington, March 29, 2012. Credit: Reuters/Jonathan Ernst By Pedro Nicolaci da Costa STONE MOUNTAIN, Georgia | Mon Apr 9, 2012 9:36pm EDT STONE MOUNTAIN, Georgia (Reuters) ...

Gas Price Psychology Under Bush vs. Gas Price Psychology Under Obama; Three Reasons Gas Prices are High; Caroline Baum on “Obama the Omniscient”

Posted in Hot News on 9th April 2012

The blatant hypocrisy and arrogance of president Obama, Nancy Pelosi, and Hillary Clinton in the following video is simple beautiful.Website link if video does not play: Hypocrisy More than OilCaroline Baum on "Obama the Omniscient"Inquiring minds are reading Bloomberg columnist Caroline Baum's article President Scapegoat Can’t Stop Selecting on Huge Oil Barack Obama is not the ...

Analysis: How low can U.S. jobless rate really fall?

Posted in Economy on 9th April 2012

By Jonathan Spicer and Lucia Mutikani NEW YORK/WASHINGTON | Sun Apr 8, 2012 11:13am EDT NEW YORK/WASHINGTON (Reuters) - Gary Feeman has been searching for a job for 16 months. He's not ready to give up just yet, but the 60-year-old worries he is running out of options. Feeman is among the more than 5 million Americans who ...

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