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HomePoll: How Is Obamacare ‘Treating’ You So Far?
Posted by Larry Doyle on October 4th, 2013 7:16 AM |
Well, with Uncle Sam not open for business again today, we can forget about the monthly employment report that is released the first Friday of every month.
But let’s redirect our focus for the moment. The roll out of Obamacare this week has generated a slew of reports from both ends of the political spectrum and their respective media accomplices. What is to be believed?
Is the inability to access the healthcare websites in many states a function of overwhelming interest by people looking to sign up or an inoperable system that is just another example of a dysfunctional government run wild? (more…)
Wall Street’s SRO Police Take MAJOR Hit
Posted by Larry Doyle on October 3rd, 2013 8:58 AM |
Did you feel a sizable tremor running between Washington and Wall Street overnight? I did.
At the epicenter of this tremor was the first meaningful questioning of the practice of self-regulation on Wall Street by their governmental overseers at the SEC.
Securities and Exchange Commission Chairman Mary Jo White opened the door to a potential overhaul of financial-market oversight, saying the special regulatory status of U.S. exchanges may not best serve investors or public companies.
Wow. That simple statement may never lead anywhere, but the mere fact the SEC issued a statement of this sort is a tidal shift of epic proportions. Who else echoed the sentiments of this seismic activity? (more…)
$14 Million Whistleblower Award w/o Details
Posted by Larry Doyle on October 2nd, 2013 7:23 AM |
What state mottoes do you like most?
I am personally partial to New Hampshire’s “Live Free or Die” but in light of the opacity displayed across Wall Street and Washington over the last 4 to 5 years, I have a growing appreciation for Missouri as the “Show Me” state:
A name attributed to Representative Willard Van Diver. It connotes a certain self-deprecating stubbornness and devotion to simple common sense.
How about that? Common sense? What a novel concept in light of recent events in our nation and certainly applicable for my blog.
But I think about Missouri this morning given breaking news out of the SEC regarding its first meaningful whistleblower award in perhaps the last 25 years and its largest award ever. Isn’t this the type of thing to highlight and promote? (more…)
Rogoff: America’s Endless Budget Battle
Posted by Larry Doyle on October 1st, 2013 8:59 AM |
With the shutdown of our government overnight, the proverbial lights in Washington have significantly dimmed and the finger pointing begins in a fashion that seems all too similar to a junior high school lunchroom.
Yet while Uncle Sam is not open for business today, our nation faces another enormous issue right around the corner as well, that is, the debt ceiling.
Some may think the costs of shutting down our government and playing chicken with the debt ceiling are not significant given that our overall level of interest rates remain low. But why is that? Because the Fed is purchasing upwards of 90% of net new debt issuance. (more…)
