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Social Security New Front in Payroll-Tax Fight - WSJ.com
Seeded on Wed Dec 7, 2011 9:02 PM EST (Wall Street Journal)
Politics make strange bedfellows, imagine Bernie Sanders on the same side as Sen. Kyl
U.S. Plans Bomb Sales in Persian Gulf to Counter Iran - WSJ.com
Seeded on Fri Nov 11, 2011 9:55 PM EST (Wall Street Journal)
The U.S. is considering the sale of bunker buster bombs to the UAE to counter Iran.
Exculsive: Democrats Seek 3 Trillion In Savings
Seeded on Thu Oct 27, 2011 1:07 AM EDT (Reuters)
Tax Increases and Cuts To Medicare and Medicaid to lower the national debt by 3 trillion dollars.
Poll:Is It Rude To Ask A Complete Stranger What Something Costs?
Sat Oct 22, 2011 9:38 PM EDT
Has this ever happened to you? A complete stranger walks up to you, and without introducing himself, asks how much your car, IPAD etc costs?
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Little State With A Big Mess
Seeded on Sat Oct 22, 2011 8:45 PM EDT (The New York Times)
ON the night of Sept. 8, Gina M. Raimondo, a financier by trade, rolled up here with news no one wanted to hear: Rhode Island, she declared, was going broke. Maybe not today, and maybe not tomorrow. But if current trends held, Ms.
Krugman Calls Social Security Ponzi Scheme 1996
Seeded on Tue Oct 4, 2011 9:57 PM EDT (Wall Street Journal)
Back in the good old days it was the liberal media that called Social Security a Ponzi scheme
Wall Street, Occupation
Tue Oct 4, 2011 1:11 AM EDT
It would seem to be a good time to re evaluate the role of Wall St in our economy and society. Some background should be in order to put my observations into perspective. I started on Wall St as a college student way back in 1968.
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The Phony Solyndra Scandal
Seeded on Sat Sep 24, 2011 1:11 AM EDT (The New York Times)
Republicans are trying to make the Solyandra investigation into a scandal
End Mortgage Tax Deduction?
Tue Dec 14, 2010 9:45 PM EST
One of the proposals to come out of the deficit commission is the elimination of the deduction for mortgage interest. It must be tempting to tap such a huge source of revenue. In my opinion the revenue would be matched by expenditure to create a zero gain.
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4 Big Mortgage Backers Swim In Ocean Of Debt
Seeded on Thu Dec 17, 2009 3:31 PM EST (The New York Times)
Even as the biggest banks repay their government debt in what is being heralded as a successful rescue program, four troubled giants of the financial world remain on government life support.
House moves to protect doctors from Medicare cuts
Seeded on Fri Nov 20, 2009 12:43 AM EST (msnbc.com)
The Democratic-controlled House voted Thursday to add more than $200 billion to the deficit to prevent steep Medicare payment cuts to doctors, a move Republicans denounced as a political payoff.
Poll: What Will Health Care Reform Mean To You?
Thu Oct 8, 2009 10:50 PM EDT
Since it is apparent that some form of healthcare reform will be passed this year, its time to find out what all this means to you. Will you be obtaining cheaper rates, will the pre exist clause help you obtain insurance that you couldnt get before?
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Swiss Health Care Thrives Without Public Option
Seeded on Thu Oct 1, 2009 9:17 PM EDT (The New York Times)
Like every other country in Europe, Switzerland guarantees health care for all its citizens. But the system here does not remotely resemble the model of bureaucratic, socialized medicine often cited by opponents of universal coverage in the United States. .
Changing Health Care By Steps
Seeded on Wed Sep 2, 2009 11:49 PM EDT (The New York Times)
After Harry Truman repeatedly failed to persuade Congress to pass universal health insurance, some Truman administration officials came up with a less ambitious idea.
What I Learned From The 'Mob'
Seeded on Wed Sep 2, 2009 2:27 AM EDT (Wall Street Journal)
By TOM COBURN I spoke with thousands of voters at town-hall meetings this summer. What I gathered from them is that it's not just the proposed overhaul of health care that has them upset. Many also expressed a sense of betrayal.
Tennessee Experiment's High Cost Fuels Health-Care Debate
Seeded on Mon Aug 17, 2009 12:37 AM EDT (Wall Street Journal)
In 1994, Tennessee launched an ambitious public insurance program to cover its uninsured. The plan, TennCare, fulfilled that mission but nearly bankrupted the state in the process.
Health Care in Britain: Expat Goes for a Checkup
Seeded on Sun Aug 16, 2009 7:56 PM EDT (The New York Times)
There are times when, viewed from afar, American political discourse looks like nothing more than a huge brawl conducted by noisy, ill-informed polemicists.
A Public Option Isnt A Curse, Or A Cure
Seeded on Sun Aug 16, 2009 12:19 AM EDT (The New York Times)
"WE clearly don't need any more distractions from the two main issues of health care reform: how to deal with our large uninsured population and how to make the entire system more cost effective.
U.S. Home Foreclosures Set New Record In July
Seeded on Thu Aug 13, 2009 2:31 AM EDT (Reuters)
U.S. home loans failed at a record pace in July despite ongoing federal and state programs to avoid foreclosures, which have severely strained housing and the economy.
The Next Fannie Mae
Seeded on Tue Aug 11, 2009 2:37 AM EDT (Wall Street Journal)
"Much to their dismay, Americans learned last year that they "owned" Fannie Mae and Freddie Mac. Well, meet their cousin, Ginnie Mae or the Government National Mortgage Association, which will soon join them as a trillion-dollar packager of subprime mortgages.
Geithner Asks Congress To Raise Debt Limit
Seeded on Fri Aug 7, 2009 9:49 PM EDT (Reuters)
WASHINGTON (Reuters) - U.S. Treasury Secretary Timothy Geithner formally requested that Congress raise the $12.1 trillion statutory debt limit on Friday, saying that it could be breached as early as mid-October.
House Member Received Loans From Countrywide
Seeded on Fri Aug 7, 2009 6:14 AM EDT (Reuters)
"A leading Democrat in the House of Representatives who has rebuffed Republican efforts to subpoena records of a mortgage program for favored borrowers at Countrywide Financial Corp got home loans from that lender, the Wall Street Journal reported on Friday"
Fannie Mae Draws More Money From U.S. After 14.8 Billion Dollar Loss
Seeded on Thu Aug 6, 2009 8:42 PM EDT (Reuters)
Losses continue to mount as the housing market remains in the doldrums
Nearly Half Of All Mortgages Will Be Underwater By 2011
Seeded on Wed Aug 5, 2009 4:17 PM EDT (Reuters)
The percentage of U.S. homeowners that owe more than their house is worth will nearly double to 48 percent in 2011 from 26 percent at the end of March as home prices continue to fall, Deutsche Bank said on Wednesday.
The Price Of U.S. Recession Is Paid In Jobs
Seeded on Mon Aug 3, 2009 4:12 PM EDT (Reuters)
" Long after President Barack Obama's first term ends in 2013, millions of U.S. families will still be paying the price for the recession.
Recent Votes
Social Security New Front in Payroll-Tax Fight - WSJ.comPolitics make strange bedfellows, imagine Bernie Sanders on the same side as Sen. Kyl
Obama's "Poignant Defining" Speech Yesterday in Kansas Hailing Back To Teddy Roosevelt Has Some Factual Problems (After It Was Fact Check By The Washington Post - It Was Found Lacking)...So Much for the "Poignant" "Make or Break for the Middle Class" Spe
I really wanted to listen to Obama's "Make or Break for the Middle Class Speech",where he hailed back to the same place and theme as Teddy Roosevelt (how many former Presidents has he tried to compare himself too already - Lincoln, Reagan, and now Roosevelt when Jimmy Cauta might …
- Obamacare Threatens Life and Liberty
The Supreme Court’s announcement on Monday that it will consider the constitutionality of some of Obamacare’s provisions, including the individual mandate, has reignited discussion of the health care law’s many problematic provisions.
- A daring idea to fix the economy: try doing less - Telegraph
There is an urgent need now to rethink the whole relationship between government and populace while there is still the possibility of discussion. In Britain, Europe and America, the questions are remarkably similar.
- I'll Gladly Pay You Tuesday For a Tax Increase Today
At Tuesday night's Republican presidential debate on foreign policy, for example, CNN's Wolf Blitzer asked the candidates for the one-millionth time if they would agree to raise taxes in exchange for spending cuts 10 times larger than the tax hikes. Terrorism can wait -- first, …
Comments & Feedback
Hey, Lampell, I miss your input, where've you been ?
I have the pleasure of spending lots of time talking with Marc, who is cogent on just about any subject - not just economics and finance. Happy Birthday, Marc!
— mikey-k
Your comments are intelligent, thoughtful, and realistic. You occupy a very sparse niche on the Vine, but it's the niche that makes this place enjoyable. Keep it up. You're also a motorcyclist, so clearly you rock in all aspects of life.
It is refreshing to encounter a writer on the vine that presents financially based, political rhetoric, that can be substantiated. Thank you Lampel, for taking the time to share your knowledge of the financial sector. I look forward to many fruitful conversations.
Raymond Max.
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Member Since: 5/2009Last Seen: 1/27/2012
"Large donors buy politicians and politicians buy large amounts of votes" (from the never written book by Lampell "American Politics"
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Latest Comments
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Obama's "Payroll Tax Cut" Won't Pay For My Obamcare Increased Healthcare Contributions!
Obama's "Payroll Tax Cut" Won't Pay For My Obamcare Increased Healthcare Contributions!
Obama's "Payroll Tax Cut" Won't Pay For My Obamcare Increased Healthcare Contributions!
Obama's "Payroll Tax Cut" Won't Pay For My Obamcare Increased Healthcare Contributions!
From the Irony Department: Union Election Requires Photo ID
Obama's "Payroll Tax Cut" Won't Pay For My Obamcare Increased Healthcare Contributions!