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ETFs Loaded With Political Donors (EIS, XLE)
Thursday, July 12, 2012 - 3:11pm | 861With campaign season in full swing, candidates and voters alike are reminded that running for president in this country is an expensive task. Just one month of fund raising statistics highlights the exorbitant costs associated with becoming the leader of the free world. In June, President Obama's...
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Obama, Romney in Dead Heat: Obama's Intrade Chance Remains Near 60%
Wednesday, May 2, 2012 - 12:39pm | 658On May 1, 2012, the Drudge Report linked to an interesting article from Gallup reporting that the 2012 US presidential race between Pres. Barack Obama and former Massachusetts governor Mitt Romney is now in a "dead heat". Per Gallup's recent numbers, among registered voters asked for whom they...
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Mankiw's Ode to the Governmental Competition that Made Romney Wealthy
Monday, April 23, 2012 - 6:38am | 3403This is the second part of my discussion of N. Gregory Mankiw's column asserting that governmental competition is desirable for the same reason that private competition is. Mankiw was Chairman of President Bush’s Council of Economic Advisors from 2003-2005. He was one of the principal architects...
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Leviathan: In Search of Quality Political Leadership
Tuesday, April 17, 2012 - 10:19am | 1669"The dominant doctrines of the 19th century, if not dead, are so battered that they will not serve us any longer as our main props. We are, indeed, living in a vacuum of faith. But the trouble about a vacuum is that it gets filled. And if there are no angels available to fill it, fools or worse...
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Romney's Lead Economist Urges Policies that will Cause the Next Financial Crisis
Monday, April 16, 2012 - 8:11am | 1778Presidential nominees of either U.S. party can secure economic advice from any economist in the world. This makes it all the more amazing and sad that they choose economists with track records of disastrous policy advice. Bill Clinton chose Robert Rubin, George W. Bush chose Gregory Mankiw,...
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Intrade: Has Obama Already Won the 2012 Election?
Tuesday, April 10, 2012 - 7:33pm | 1392In light of Rick Santorum's leaving the race to be the GOP presidential nominee, the 2012 election appears that it will come down to a contest between former Massachusetts governor Mitt Romney and the incumbent Pres. Barack Obama. For one who believes in the "wisdom of crowds" in conjunction with...
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Energy ETFs: Careful What You Wish For In November (XLE, XOP)
Monday, April 2, 2012 - 4:00pm | 769There's no denying the fact that the Obama Administration has been less than hospitable to U.S.-based integrated and independent oil producers. Whether it has been losing bets on solar energy firms, the ill-fated moratorium on deepwater drilling following the Gulf of Mexico oil spill in 2010 or...
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Leviathan: On Monarchs, Mandates, and the Mainstream Media
Sunday, April 1, 2012 - 10:09pm | 1751"They that are discontented under monarchy call it tyranny, and they that are displeased with aristocracy call it oligarchy; so also, they which find themselves grieved under a democracy call it anarchy." ~Thomas Hobbes In the 17th century, the English philosopher Thomas Hobbes wrote of the...
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Presidential Debates and Income Taxation - What is Fair and What is Strategic?
Wednesday, February 1, 2012 - 2:53pm | 1439No matter how you slice and dice it, it is difficult to swallow when you see Warren Buffett's or Mitt Romney's taxes. You may think, how did they get their tax rates down to 15%? The challenge for many of us is not the tax rates, but the totality of taxes or the level of income we receive. As I...
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Even With Valid Questions, Gov. Romney's Taxes Look Compliant
Tuesday, January 24, 2012 - 8:51pm | 2296By Robert A. Green, CPA and founder of Green & Company Inc. (GreenTraderTax.com and GreenTraderFunds.com) Gov. Romney's tax returns are complex, but that is par for the course for someone who is compliant with overly detailed and onerous IRS rules, especially on all things foreign....
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J.P. Morgan CEO Jamie Dimon Tells Fox Business He Intends To Stay With Company For Three To Five Years
Tuesday, January 24, 2012 - 3:48pm | 2410FOX Business Network (FBN) Senior Correspondent Charlie Gasparino spoke exclusively with JPMorgan CEO Jamie Dimon from the JPMorgan's New York headquarters about the health of the company, financial regulation, and the United States economy. Dimon said he hopes to continue to run JPMorgan for “...
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The Mitt Romney ETF Portfolio
Thursday, January 19, 2012 - 2:24pm | 684In case you didn't get the memo, Republican voters head to the polls in South Carolina on Saturday for the third nominating showdown of the 2012 race for the GOP nomination. The latest polls show former Massachusetts Governor Mitt Romney ahead by substantial margins in the Palmetto State, but...
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Are Iran Fears Totally Baseless?
Tuesday, January 10, 2012 - 10:11am | 708There has been a lot of discussion lately about the rising threat of Iran becoming the new top enemy of the United States. Especially, the Republican presidential candidates have voiced their concerns over Iran's nuclear program and actions to shut the Strait of Hormuz, which is a main shipping...
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Vanguard Rising: Occupy Wall Street, the 2012 Elections, and the Specter of Post-Marxism
Tuesday, December 27, 2011 - 1:38pm | 2342Sometimes bread tastes better than freedom. One has to wonder how much freedom a starving individual would be willing to give up in order to survive. This is something to keep in mind going into the next year as we make our way through the global financial crisis. And as we approach the beginning...
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Afterthought from Republican Debate: Romney Has Promising Future Career As Game Show Host
Sunday, December 11, 2011 - 3:01pm | 1384Following the Republican presidential debate on Saturday night in Iowa, it finally dawned on me that Mitt Romney's calling may be to be a game show host. Where some Americans during the 2008 presidential election commented that they could see Sarah Palin as a future talk show host, I can now see...