Posted by Leonard Steinberg on December 17th, 2012 The Republicans have agreed to raising the tax rates on the rich at last…..the real rich: those earning $ 1million and more per year. At last the definition of wealthy has shifted from a stupid version to a more realistic one. Which idiotic politician truly believed that… [Read More]
OCCUPY WASHINGTON DC? THE PEOPLE ARE ANGRY!
Posted by Leonard Steinberg on November 19th, 2011 As our beloved government teeters on the edge of another major meltdown with the ‘super-committee’ due to formulate a solution to our budget crisis by the middle of next week (something that could cause radical ramifications throughout the markets, especially the credit markets…. think housing), maybe its… [Read More]
IT MAY BE A VERRRRRY LONG HALLOWEEN….
With almost certainty we will see a major political shift after next week’s elections. The presidency will be stuck in a potential gridlock where the only window of opportunity is 2011 says Nouriel Roubini in to-day’s Financial Times. The president deserves credit for setting up a bipartisan debt commission, which is most likely to propose a… [Read More]