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Archive for October 12th, 2017

The Numbers Are in: Social Security Robs the Working Poor

12 Oct

“Warren Buffet was right about taxes. But not for the reason you might think.”

Source: The Numbers Are in: Social Security Robs the Working Poor

 
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Peter Oppenheimer, Chief Global Equities Strategist – Bear Necessities: Low inflation keeps risks of a bear market in check

12 Oct

Source: Goldman Sachs | In The News – Peter Oppenheimer, Chief Global Equities Strategist, article in the Financial Times – Bear Necessities: Low inflation keeps risks of a bear market in check

 
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Producer Prices Surge At Fastest Rate In Over 5 Years (Thanks To Hurricane Harvey)

12 Oct

“Great news America – your standard of living just dropped little more as producer prices rose by 2.6% YoY in September, the fastest rate of increase since Feb 2012 – driven by a surge in energy prices. This no doubt relieves some pressure on the ‘transitory’ Fed – enabling higher rates (and yet lower living standards)…”

Source: Producer Prices Surge At Fastest Rate In Over 5 Years (Thanks To Hurricane Harvey)

 
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Morton Klein’s Anti-Iran View Published by Breitbart 

12 Oct

For several weeks, rumors have circulated that Trump will decertify the Iran nuclear deal (JCPOA). Trump needs no pushing on this matter, as we know, because he spoke harshly against the agreement with Iran many moons ago. Nevertheless, the anti-Iran contingent has been going full blast to make sure that he does what they favor and that Congress resurrects sanctions on Iran. Breitnart News, which is strongly biased against Iran, has consistently published articles critical of members of the Trump administration who favor certification. (Breitbart News in general exhibits strong biases concerning its favorite causes.) Continuing its anti-Iran promotional activity, …”

Source: Morton Klein’s Anti-Iran View Published by Breitbart – LRC Blog

 
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Top IMF Economist Warns Trump: US Debt Will Explode Under Tax Reform Plan

12 Oct

Robert Wenzel

Source: EconomicPolicyJournal.com: Top IMF Economist Warns Trump: US Debt Will Explode Under Tax Reform Plan

 
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When it comes to slipping punches Murphy’s no McGreevey

12 Oct

“I ran into former Governor Jim McGreevey before the big gubernatorial debate the other night; by night’s end I was convinced the Democratic candidate Phil Murphy could give him a few lessons in how to duck questions…”

Source: When it comes to slipping punches Murphy’s no McGreevey

 
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Is Bridgewater A Fraud? Here Are The Troubling Questions Posed By Jim Grant

12 Oct

“Could Bridgewater be the next Bernie Madoff Investment Securities LLC. While we don’t know the answer, the following stark and concerning questions posed by Jim Grant should certainly prompt some thoughts.”

Source: Is Bridgewater A Fraud? Here Are The Troubling Questions Posed By Jim Grant

 
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