Tag Archives: Obama Administration

Why Do We Depend on the Fed??

Financial FAQs The March FOMC meeting ended today, the Fed left rates unchanged, and financial markets are spinning their wheels attempting to guess what happens next—e.g., how many rates hikes this year? The Fed’s decision to pause their rate hikes … Continue reading

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Will There Be Tax Reform?

Popular Economics Weekly After Republicans’ failure to repeal Obamacare, they will now attempt to pass a budget, and tax reform plan. But the $1 trillion in spending cuts (mainly from Medicare) they hoped with the repeal of Obamacare, which would … Continue reading

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Middle Class Finally Gets A Raise

Popular Economics Weekly A new rule announced by the Obama administration will, effective December 1, double the overtime-pay salary threshold and set it to automatically increase every three years. It’s about time. The salary of employees has been diminishing since … Continue reading

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Where’s the Outrage, Mr. President?

Financial FAQs Where’s the outrage, Mr. President, when the New York Times just reported that at least 250 Disney World employees have been discharged, with many forced to train their own foreign replacements that have temporary H-IB work visas? Those … Continue reading

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Restricted Credit Will Impede Housing Recovery

Financial FAQs As if we need more evidence that the Consumer Protection Finance Bureau and government regulators have listened to the wrong people when drafting their Qualified Mortgage requirements (that lowers the maximum debt-to-income ratio to 43 percent for non-agency … Continue reading

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The Bully Mentality

Popular Economics Weekly Why does the USA have such a problem with bullies?  Whether in the schools, in politics, or on Internet social media?  The result has been teenage suicides, horrendous school shootings by students who felt bullied or belittled, … Continue reading

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Don’t Blame Fannie and Freddie…

The Mortgage Corner Please don’t blame Fannie Mae and Freddie Mac, guarantors of most of the housing market’s conventional mortgages and reason the housing market continues to function at all, for the housing bust. The bust was caused by the … Continue reading

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