And I thought I thought of it first: a payroll tax reduction

Hello folks! I have been saying for quite some time this year that one way to stimulate the economy andjob creation was to have a payroll tax holiday.  See the “game of chicken” post as an example.  Now the Obama Administration is discussing the same thing. Late last night the Wall Street Journal was reporting the news that the U.S. Executive Branch was considering lowering the...
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6 December 2010: Publishers Weekly reviews The Intuitive Investor

Publishers Weekly has just reviewed The Intuitive Investor: A Radical Guide for Manifesting Wealth.  Here’s what they have to say: http://www.publishersweekly.com/pw/reviews/web-exclusive/index.html?page=2
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Twenty six months later

October 2008 – in the first days of this humble little blog – I called for there to be prosecutions of folks who had perpetrated horrible wrongdoing in the financial scandal that was a direct, and large cause of the Great Recession.  Today, twenty-six months later, saw the arrest of more than 500 people all over the United States connected in some way with various schemes, plots and...
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Update on anecdotal evidence

Well the hazards of being a financial news blog writer have been highlighted for me once again.  Earlier this week I had written that the big improvement in the employment situation as reported by ADP had garnered very little attention from that general source for information, but especially celebrity information, CNN.  I said that was likely a sign that folks might finally be expecting an...
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Job creation in November disappoints, but…

Expect a big stock market down draft today. November’s non-farm payrolls (i.e. job creation) figures are in and the U.S. economy created 39,000 jobs.  This compares to a consensus expectation from economists of 144,000 jobs created.  Meanwhile, October’s job creation figures were revised upward to 172,000 jobs from the earlier reported 151,000. Meanwhile, the unemployment rose to...
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Interesting non-response to yesterday’s jobs numbers

Yesterday saw the release of important job creation news by payroll giant ADP.  The strong news was obviously the source for the tremendous stock market rally yesterday.  Yet, even in the midst of the trading day yesterday CNN did not feature the story as its lead story, or even amongst its top 10 stories.  I consider this to be a very, very good sign.  For such important investment news to not...
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Deficit reduction commission report: a rare bit of D.C. honesty

This morning saw the release of a very important document by the White House’s deficit reduction commission, chaired by Republican, Alan Simpson, and Democrat, Erskine Bowles.  Expect me to write about this earthquake of a document for many months going forward as I track the aftershocks emanating from the epicenter of this moment. The 59 page document entitled “The Moment of...
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