Behind in the polls, Obama's rekindling class warfare against banks, corporations, and rich people, says Larry Kudlow.» Read More
Now, the dictionary has a number of definitions of ‘recession’ the most well known (and precise) of which is: two consecutive quarters of negative GDP. I haven’t been able to find a dictionary which defines a recession as ‘whatever the NBER says it is.’
Former New Hampshire Gov. John Sununu on Tuesday blasted President Obama for “demonizing” success in a recent speech.
Since Thursday, the incoming Team Obama (TO) has been hard at work and they have been listening to what the markets have been saying.
Following a mass shooting at a Colorado movie theater that left 12 people dead, former Miami Police Chief John Timoney said that such incidents were happening “with some kind of regularity.”
Actually, the bad news started yesterday with Argentina nationalizing their pension funds. The government's seizure of $29 billion of private pension funds has heightened concerns of a return to 2001 policies and a default on their bonds.
You don’t hear many references to the New Testament in financial journalism these days. Maybe that’s part of the problem. Larry Kudlow is a notable exception. Over the past week in the midst of numerous pieces of bad news, Larry has made continual reference to ‘financial mustards seeds of hope’ in our financial markets.
President Obama’s negative attacks on Republican Mitt Romney are failing because voters are looking for optimism, former Virginia Gov. James Gilmore said Thursday on CNBC.
A decades-long decline in the American middle class requires serious, long-lasting measures, former Democratic strategist James Carville told CNBC on Friday.
Don't believe the news stories saying the FASB suspened or loosened the accounting rule.
A news report published Thursday found Mitt Romney had remained the head of Bain Capital three years longer than he had told the Securities Exchange Commission, sparking accusations between campaign staffers for the Republican and President Obama.
I know that you’re deluged with people who are sure that they see what’s wrong and what should be done. As for me, I’m not remotely sure, but I’ve looked at the data and read the plans and chewed it over and (yes, I’m not ashamed to say) prayed it over.
Former Secretary of State Condoleezza Rice “brings gravitas” and would be a “qualified” vice presidential candidate, House Majority Leader Eric Cantor said Wednesday on CNBC.
The Fed has not been particularly agile. Today’s rate cut was late and small. Really, the cut was not actually a cut at all. Bernanke had already been pumping enough money into the system to lower the rate at least to 1.5%.
There is a unique, structural imbalance in the U.S. economy, former Federal Reserve Chairman Alan Greenspan said Wednesday on CNBC.
Forget the pundits — look at what happened to the Intrade political futures market, tracing Sarah Palin withdrawal futures in real time, as Palin debated Joe Biden. They are now lower than Biden withdrawal futures. When people have their money on the line, they think a little more clearly, in my experience. Palin did well.
Expiration of the Bush-era tax cuts for annual incomes above $250,000 in a weak economy will translate to layoffs, Sen. Jim DeMint claimed Tuesday on CNBC.
A Louisiana political wag famously said “Vote for the adulterer; it’s important’. He was referring to a congressional face off between a highly corrupt machine politician, and a reformer who had once consorted with prostitutes.