-
Post Office Reform Act Likely Dead This Year After House Republican Investigating Trump Steps Down
Thursday, May 25, 2017 - 9:15am | 737The Postal Reform Act of 2017, a bipartisan attempt to overhaul the perennially ailing U.S. Postal Service, appears headed for the dead letter office amid the chaos in Congress. Even though the U.S. House Oversight and Government Reform Committee approved the sweeping legislation on March 16,...
-
How To Trade The Expected Expansion In U.S. Infrastructure Spending
Wednesday, February 15, 2017 - 11:54am | 1125One of President Donald Trump's election promises that struck a chord with the people was his plan to spend $1 trillion on infrastructure. The plan unveiled in October last envisaged spending on highway, waterway, airport, pipeline and bridge projects. Private Participation Sought Trump intends...
-
Republican Presidential Platform Raises The Specter Of Reinstating Glass-Steagall
Tuesday, July 19, 2016 - 11:25am | 297According to various media sites, including Business Insider, the Republican Party wants to re-instate as law "Wall Street's worst nightmare": The Glass Steagall Act. The Glass Steagall Act dates back to 1933 and restricts banks that hold Federal Deposit Insurance Corp. insured deposits from...
-
Gun Stocks Spiking Higher In The Wake Of Orlando Tragedy
Monday, June 13, 2016 - 7:30am | 327Tragedy hit Orlando, Florida, over the weekend as Omar Saddiqui Mateen, a New York-born U.S. citizen of Afghani descent, killed at least 50 people and injured at least another 50 other at a LGBT nightclub. Early reports suggested the shooter pledged allegiance to Islamic terrorist groups. Rep....
-
GovBrain – Oxymoron Or Brilliant Idea?
Tuesday, June 2, 2015 - 1:24pm | 1319Political intelligence website GovBrain uses an automated process to analyze political "events," then ties them to a ticker symbol as a way of determining how government decisions affect the financial markets. The name, GovBrain, which founder Dr. Brent M. Eastwood admitted seemed to...
-
Will the Amazon-Backed Online Sales Tax Sway the House?
Monday, April 29, 2013 - 10:51am | 761The Marketplace Fairness Act, AKA the new legislation that will require states to collect sales tax from items purchased online, is likely to clear the Senate when the final vote is conducted next month. It is not yet clear if it will do the same in the House, however, where many conservative...
-
GOP Uses Keystone to Stonewall White House on Tax Holiday Extension
Monday, December 12, 2011 - 8:26am | 501After President Obama said it would take time to study the feasibility of TransCanada's (NYSE: TRP) Keystone XL Pipeline project, House Republicans found a new way of bringing the question to the table again, by bundling the issue within the law that would extend the tax cut through the holidays...