BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Will Health Care Reform Make Us Sick?]]>http://www.bloggingstocks.com/2010/04/13/will-health-care-reform-make-us-sick/http://www.bloggingstocks.com/2010/04/13/will-health-care-reform-make-us-sick/http://www.bloggingstocks.com/2010/04/13/will-health-care-reform-make-us-sick/#commentsFiled under: , , , , , ,

President Obama made it to the oval office with a sincere promise to reform health care in the United States and make it available to those without. Great idea, bad timing. It might also contribute to the bankruptcy of our nation and no amount of hoping, praying and playing with numbers and research reports will alter our path if we spend money we do not have for very much longer.

Contentious Bill

This is a noble task and Obama has energized a national discussion that has led to Senate and House Democrats navigating treacherous straits to piece together recently signed legislation.

Continue reading Will Health Care Reform Make Us Sick?

Will Health Care Reform Make Us Sick? originally appeared on BloggingStocks on Tue, 13 Apr 2010 12:10:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>cost controlfeaturedFederal deficitFederal Spendinghealth insurancehealthcareISRGjnjMRKNVSTue, 13 Apr 2010 12:10:00 EST<![CDATA[Bernanke: U.S. Fiscal Outlook Is 'Somewhat Dark']]>http://www.bloggingstocks.com/2010/03/26/bernanke-u-s-fiscal-outlook-is-somewhat-dark/http://www.bloggingstocks.com/2010/03/26/bernanke-u-s-fiscal-outlook-is-somewhat-dark/http://www.bloggingstocks.com/2010/03/26/bernanke-u-s-fiscal-outlook-is-somewhat-dark/#commentsFiled under: ,

The head of the world's most powerful central bank has weighed-in regarding the U.S. budget deficit.

U.S. Federal Reserve Chairman Ben Bernanke, told Congress the government's budget outlook is " somewhat dark," Bloomberg News reported. The U.S. budget deficit totaled $1.4 trillion last year and is expected to approach $1.5 trillion this year.

Continue reading Bernanke: U.S. Fiscal Outlook Is 'Somewhat Dark'

Bernanke: U.S. Fiscal Outlook Is 'Somewhat Dark' originally appeared on BloggingStocks on Fri, 26 Mar 2010 17:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Bernankebudget deficitfeaturedfederal deficitinthenewsFri, 26 Mar 2010 17:00:00 EST<![CDATA[Uncle Sam has a $4.8 trillion dollar interest payment!]]>http://www.bloggingstocks.com/2009/11/20/uncle-sam-has-a-4-8-trillion-dollar-interest-payment/http://www.bloggingstocks.com/2009/11/20/uncle-sam-has-a-4-8-trillion-dollar-interest-payment/http://www.bloggingstocks.com/2009/11/20/uncle-sam-has-a-4-8-trillion-dollar-interest-payment/#commentsFiled under: , , ,

Here's a shocker! Over the next decade the U.S. government is expected to rack up $9 trillion in debt. More than half that amount, $4.8 trillion, will be in interest payments.

To further emphasize the depth of the problem, in 2015 interest due will be $533 billion, equal to 1/3 of the federal income taxes!

Right now, the Treasury is in a sweet spot with regards to interest payments. With interest rates at near zero, we are able to finance trillions of dollars of debt with practically no interest payments. That scenario is about to change. The change could be rather quick. If the economy heats up, interest rates will rise and so too will interest payments. Because the debt is so large, only a small rise in interest payments could increase the interest burden by a large amount.

Continue reading Uncle Sam has a $4.8 trillion dollar interest payment!

Uncle Sam has a $4.8 trillion dollar interest payment! originally appeared on BloggingStocks on Fri, 20 Nov 2009 13:20:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>federal deficitFederalDeficitinthenewsFri, 20 Nov 2009 13:20:00 EST<![CDATA[Is market rising on Obama presidency?]]>http://www.bloggingstocks.com/2008/08/28/is-market-rising-on-obama-presidency/http://www.bloggingstocks.com/2008/08/28/is-market-rising-on-obama-presidency/http://www.bloggingstocks.com/2008/08/28/is-market-rising-on-obama-presidency/#commentsFiled under: , , , , , , ,

Many observers refer to the market as a forecasting mechanism. If so, today's 213 point rise could be a signal that investors anticipate an Obama win. I don't think today's reported 3.3% Gross Domestic Product (GDP) growth for the second quarter can explain the rise. Rather I think the market could be happy with the idea of taking a break from the failed tax cut and spend policies of the last eight years -- which have led to a record $490 billion federal deficit, a $9.8 trillion national debt, and the loss of $8 trillion in housing-related value.

Bloomberg News reports that GDP grew 3.3% thanks to a rise in exports to Europe -- still GDP growth was anticipated to hit 2.7% so today's figure -- which could be revised after the November election -- looked more favorable. Nevertheless, Bloomberg does not expect the so-called expansion to continue since the European economy is weakening and consumers burdened with falling home values -- the average home is down 16% -- and a tough job market -- will lead cut back their spending, which accounts for 70% of GDP growth. Bloomberg writes that "the number of Americans collecting unemployment benefits reached a five-year high last week."


Continue reading Is market rising on Obama presidency?

Is market rising on Obama presidency? originally appeared on BloggingStocks on Thu, 28 Aug 2008 19:36:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>federal deficitFederalDeficitinthenewsnational debtNationalDebtobamaThu, 28 Aug 2008 19:36:00 EST<![CDATA[Oil, war, and interest rates: Are we witnessing electioneering?]]>http://www.bloggingstocks.com/2008/08/08/oil-war-and-interest-rates-are-we-witnessing-electioneering/http://www.bloggingstocks.com/2008/08/08/oil-war-and-interest-rates-are-we-witnessing-electioneering/http://www.bloggingstocks.com/2008/08/08/oil-war-and-interest-rates-are-we-witnessing-electioneering/#commentsFiled under: , , , ,

Republican presidential nominee-in-waiting, John McCain is going to be all smiles as we approach the November election. If you are a conspiracy theorist, or just find it a curious irony as I do, you must be noting that, just this week, the Federal Reserve decided to leave the Fed loan rate at 2%, the Iraq and U.S. governments are negotiating a withdrawal timetable for our troops, and oil prices are falling fast.

All of these headline-worthy items will benefit the Republicans more than the Democrats. Furthermore, all of these improvements will help the folks on Wall Street and Main Street. The stock market is way up today, they say on dropping oil prices: Stocks jump as oil prices fall sharply.

This has the taint of political engineering or "electioneering," even if it is just coincidence. Maybe the world is just happy to see Dubya go into retirement ... who knows?

Earlier I posted Obama's $1000 giveaway is a take away! and now it's time to rant about Dear John. He is on record as claiming he can balance the federal budget by the end of his first term without raising taxes. I think we have heard that before. It's not going to happen. Why do politicians insist on uttering such nonsense?

Continue reading Oil, war, and interest rates: Are we witnessing electioneering?

Oil, war, and interest rates: Are we witnessing electioneering? originally appeared on BloggingStocks on Fri, 08 Aug 2008 18:05:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Federal deficitfederal reserveInterest ratesIraq WarJohn McCainoil pricesSheldon LiberSheldonLiberFri, 08 Aug 2008 18:05:00 EST<![CDATA[Fund roads & bridges NOT mad money stimulus]]>http://www.bloggingstocks.com/2008/03/04/fund-roads-and-bridges-not-mad-money-stimulus/http://www.bloggingstocks.com/2008/03/04/fund-roads-and-bridges-not-mad-money-stimulus/http://www.bloggingstocks.com/2008/03/04/fund-roads-and-bridges-not-mad-money-stimulus/#commentsFiled under: , , , , , , , , , , , , , , , , , , , , ,

It is alarming to me that the same people who screw up the economy (or stand by watching) are the ones that are now promoting the remedies. They have proven without a shadow of a doubt that this is not their strong suit. The proposed economic stimulus package has bi-partisan support and calls for an estimated $156 billion of tax rebates ranging from $500 to $1,000 (+ $300 for each child) that might show up in May.

If we are going to add on to our already humungous joke of national debt, than I want to invest this capital in something that will bring a higher return on invested capital (ROIC) than the paltry one time mad money. That expenditure should be for national infrastructure projects like roadways, bridges, tunnels, and waterways.

We have all heard about the poor condition of our national infrastructure and the hundreds of billions of dollars of repair work and replacement that is desperately needed.

This alternative would bring visible results that every single person in the country would benefit from and improved linkages always stimulate economic growth. Road improvements even reduce fuel consumption by shortening routes and reducing friction both strategically and physically.

Continue reading Fund roads & bridges NOT mad money stimulus

Fund roads & bridges NOT mad money stimulus originally appeared on BloggingStocks on Tue, 04 Mar 2008 17:43:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>AABDKBHPCATCXDEeconomic stimulous packageEconomicStimulousPackageFCXFederal deficitfederal spendingFederalDeficitFederalSpendingGEHDJCIJECLiberNUERoads and bridgesRoadsAndBridgesRSRTPURSUTXXTue, 04 Mar 2008 17:43:00 EST