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Tag: Reuters

SEC Chief Says STOCK Act Is Good, Not Sure It Can Be Enforced

SEC Chief Says STOCK Act Is Good, Not Sure It Can Be Enforced

On Wednesday, Chairwoman of the Securities and Exchange Commission Mary Schapiro said she welcomed the STOCK (Stop Trading On Congressional Knowledge) Act banning members of Congress from using nonpublic information to make their investments but was unsure the SEC could

FCC Favored White House Linked LightSquared

Download Podcast | iTunes | Podcast Feed On today’s edition of Coffee and Markets, Brad Jackson and Ben Domenech are joined by Matthew Boyle to discuss FCC favoritism toward broadband company LightSquared, the firm’s ties to Obama, and the continual

Financial Fraud Guru Hillary Clinton May Head Up World Bank

Secretary of State Hillary Clinton is apparently a candidate to replace retiring World Bank President Robert Zoellick.  And that should frighten anybody who doesn’t suffer from severe memory loss. Hillary Clinton, you’ll remember, was the driving force behind multiple financial scandals

The Horrors of Hollywood Parenting

The Horrors of Hollywood Parenting

Director Oliver Stone’s son, Sean, converted to Islam this week while filming a documentary in Iran.  The 27-year-old Sean has long been a backer of genocidal anti-Semite Mahmoud Ahmadinejad. “Iran is ruled by law,” explained Stone the Younger. “People don’t like Ahmadinejad,

Obama Administration Fully Endorses Islamist Winter

President Obama’s new budget slots $800 million in funding for the Arab Spring.   Here’s the relevant portion of the budget: Building on the Administration’s significant and continuing response to the transformative events in the Middle East and North Africa

Carriers Transit Strait of Hormuz Despite Iranian Threats

As tensions mount, there are at least two and possibly three U.S. carriers within the theater of operations including the Persian Gulf, as the U.S.S. Abraham Lincoln transited the Strait of Hormuz, despite previous Iranian threats and Iranian patrols following

Obama Budget Forecasts 8.9% Unemployment for the Entire Year

As Talking Points Memo points out this morning, President Obama’s proposed budget forecasts an average unemployment rate of 8.9% for the entire year.  It also forecasts a GDP growth of 3% next year, which is a rosy figure considering the fact that Obama’s

House Overwhelmingly Passes STOCK Act

(Reuters) – The House of Representatives overwhelmingly passed on Thursday a bill to curb insider trading by lawmakers and other government officials, despite objections from both Democrats and Republicans that it was weaker than a version passed by the Senate

Obama Weaponizes DOJ Against Murdoch

It’s becoming clearer and clearer that the Obama Justice Department under Attorney General Eric Holder is not just politicized and biased – it’s a hit squad for Obama’s enemies. Remember when President Obama’s Department of Justice shut down investigation of

Obama Justice: FBI Intensifies Murdoch Investigation

Reuters: U.S. authorities are stepping up investigations, including an FBI criminal inquiry, into possible violations by employees of Rupert Murdoch’s media empire of a U.S. law banning corrupt payments to foreign officials such as police, law enforcement and corporate sources

Clint Eastwood Opposed Obama's Auto Bailout

***ADDED: Fascinating read on how, contrary to Obama/media spin, the auto bailouts failed and cost the taxpayers billions. How did Clint Eastwood and the people around him not see the partisan storm coming with this ad? Eastwood’s a smart guy, as