In the interest of the Private Equity sector, perhaps Mitt Romney should simply release his taxes before progressive leaders in states like New York make tax avoidance a crime. It is reported that Romney took a apparently completely legal deduction of hundreds of thousands of dollars in Private … [Read more...]
QE3 Easing Certain
With the poor jobs report, there is now little doubt that Bernanke will move to stimulate growth. The old adage, "Don't fight the FED!", will be given just due as there are clearly no signs of inflationary pressure outside of gold and commodities. With factories far below capacity there is … [Read more...]
Quantitative Easing – The Draghi Twist
We’ve already seen the impact of ECB President Mario Draghi’s TWIST effort to jumpstart the moribund economies of Greece, Spain and Italy on equities and commodities. Yet in the offing is confirmation of Bernanke’s QE3, 3rd round of quantitative easing, which probably hinges on the success of the … [Read more...]
Romney Class Warrior
It is refreshing to at last hear a politician speak the truth of his agenda. I bemoaned Paul Ryan running from his philosophical touchstone by denying Ayn Rand as Peter the Apostle denied Jesus. Yet, his massive lie, was it not Machiavellian in placing political expediency before truth? Mitt Romney, … [Read more...]