All Posts Tagged With: "Barack Obama"
Obama and McCain Clash on US Tax Reform
Presidential hopefuls Barack Obama and John McCain have clashed over the issue of tax reform.
Obama has pledged to introduce a windfall profit tax on oil companies and raise income tax for those earning over $250,000 a year if he wins the White House. McCain favors a lower corporate tax rate (from 35% to 25%) and suspension of fuel taxes during summer. Both seek tax cuts for the middle class.
“Investors should focus their minds around one uncomfortable fact,” says Martin Hutchinson in Money Morning.
Obama or McCain, U.S. May Suffer Either Way
As Barack Obama closes in on the Democratic presidential nomination, investors should focus their minds around one uncomfortable fact: Whether it’s Obama or Republican John McCain who wins the White House, expect some policy changes that won’t sit well with investors - or with the U.S. economy.
Barack Obama is a Strong Favourite to Win the Presidency
On the whole, I have a better record of forecasting American elections than British. Distance makes one see the developments more clearly.
Strategists See McCain On Track to Beat Obama by Clear Margin
It may not seem likely now, but GOP strategists believe 71-year-old Republican presidential candidate John McCain could beat Barack Obama in the presidential race — and by a margin exceeding President Bush’s Electoral College victory in 2004. This from Politico.com:
At first blush, McCain’s recent rough patch and the considerable financial disadvantage confronting him make such predictions seem absurd. Indeed, as Republicans experience their worst days since Watergate, those same GOP strategists are reticent to publicly tout the prospect of a sizable McCain victory for fear of looking foolish.
Attack of the Control Freaks!
Last week, many of the 280 attendees at our Total Wealth Symposium asked me the same question: They all wanted to know about the possibility of the U.S. government imposing exchange controls.
Global Investing Roundups: Tuesday, May 20th, 2008
Lowe’s Reports 1Q Declines; Oracle of Omaha for Obama; Microsoft, Yahoo at it Again; Staples Launches Hostile Takeover of Corporate Express; News Corp. Increases Premier Stake; Take-Two Snubs EA; Pacific Ethanol Stock Surges Despite Loss; Feds to Investigate DeVry.
Buried Within the Blather
I can’t think of the last time an American politician has said something so utterly unconstructive — in large part because buried within the blather is a grain of truth.
Intrade Future Markets Predict 2008 Elections
Intrade is a website that allows you to bet on the outcomes on a variety of international events, from political elections and finance, to “Will Elliot Spitzer be Indicted on Felony Charges on or before June 30th”.
The traders on the website are currently betting with 89% odds that Barack Obama will be the Democratic nominee. They’re also placing a 37.9% chance that John McCain will win the presidential election in November. And, the chances of the US going into a recession in 2008 have fallen to 28% from a high of 76% back in early April.
The End of Democracy
The war between the ‘flations drags on. Inflation has become globalized. In the United States, you are on the pot-holed highway to Hell…and more thoughts, insights and advice to take you into the weekend!
Obamanomics Emerges as Clear Front Runner for Investors
With contests in both Indiana and North Carolina, today (Tuesday) probably marks the last of the crucial Democratic presidential primary election contests between senators Hillary Rodham Clinton and Barack Obama.
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