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Last July, while many were predicting a serious slowdown, economist Brian Wesbury predicted a strong economy for the future, if government policies did nothing to hurt growth. See the accuracy of his forecast.
Living In The World of Academia does not allow enough exposure to the difficulty of directly creating wealth day after day, year after year. In general, it seems to be the case worldwide, that professors have disdain for the business world.
Would you believe that last year in 2006 Merrill Lynch must have made net, net $2 billion for its own account after paying out lesser amounts in interest to its customers on their idle cash balances? That’s right; they made $2 billion after expenses but before taxes. Is this any way to run a firm? You bet it is.
At a time when traditional pensions in the private sector are disappearing at an alarming rate, the pensions in the public sector remain juicy plums with glaring loop holes to be to be exploited at every turn at the taxpayer’s expense.
Value-based insurance design seen as fiscally responsible, clinically sensitive approach.
Within few days of an unsuccessful United States attempt to pass a United Nations Security Council censure motion Myanmar’s military regime India has reiterated that the issue of democracy and human rights in Myanmar is "an internal matter" of that country. This was stated by the Foreign Minister of India Pranab Mukherjee when he recently visited Myanmar.
A great market awaits this year's college graduates. It's not just the number of jobs that have taken a big jump, starting salaries and signing bonuses have also seen hefty increases.
Citigroup CEO fires subordinate -wants corporate jet back.
The options backdating scandal has resulted in the shareholders of the companies in question being defrauded by the amount of excess compensation that was earned by the executive granted the option. The IRS was never defrauded by the company. In fact the IRS benefited in the excess compensation paid the executive by receiving additional taxes from the executive.
Do ordinary citizens buy into the strong-arm tactics of the powerful unions behind the Wal-Mart campaign? Could anyone favor union imposed work rules, and forced dues payments, at the expense of the millions of hard working Americans trying to get the most for their dollar?
I usually try to keep an open mind about subjects, but in this case I felt I had to write about the Insurance Industry. Why should people have to decide between buying food and paying for mandatory insurance? Why should anyone be denied medical assistance because they do not have insurance?
About 200 million voters have allowed 535 congressmen and the president a spending spree that endangers our future. Temporary restraints are no longer acceptable. We need specific limits on spending.
After years of tax advantages it appears the Democrat controlled Congress has decided to put its foot down. While this won't bring about an end to billion dollar quarterly profits, hopefully the days of "Big Oil" taking advantage of cheap taxes are over.
China's stock market is soaring as investors in the country rush to buy stocks and mutual funds. While some analysts believe the bull run will continue, others are worried that the boom is a bubble, which could quickly collapse.
Fanatical followers of Japanese comic books and cartoon animations have become an economic force in Japan. These so-called otaku are spending more than $2 billion a year on their obsessions.