The big compromise supposedly struck with Obama on taxes was good negotiating by Obama. He turned a $300 billion tax deal for those making over $250M a year into a trillion dollar stimulus bill. Sorry, GOP, you have become the vestiges of George W. Bush, redux. Now, the Democrats are trying to reject Obama’s deal. Read the full article…
Billions are flooding out of municipal bonds in the last few weeks. What does the smart money know that we don’t know? Not being a smart money guy, I can only speculate. My guess is they know the cities that issue the bonds are in trouble. A friend tells me the Lansing(MI) school district is Read the full article…
For almost 30 years you have been sending your tax dollars to corporate farmers through the ethanol subsidy. Then, you’ve paid a premium at the pump since the subsidy still doesn’t make ethanol competitive. Then again at the grocery. Archer Daniels Midland has been the most effective lobbyist in Washington for all this time. They Read the full article…