Today is Tuesday, October 21, 2014

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Bald Eagles from the Pyre–Micro Capital Markets as a Key to American Prosperity and Jobs Bald Eagles from the Pyre–Micro Capital Markets as a Key to American Prosperity and Jobs

by Patrick A. Howell “Americans are in a cycle of fear which leads to people not wanting to spend and not wanting to make investments, and that leads to more fear. We’ll break out of it. It takes time.”—Warren Buffett I was right off Newport Coast Highway, at an elevated height—an $8 million mansion overlooking the Pacific Ocean and formerly owned by Wheel of Fortune’s Vanna White.  The check writer for the mortgage sat in an ornate leather armchair in a mahogany ... Read More

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One Way Or Another One Way Or Another

By Michael O'Derrick As I sit listening to yet another news program depicting the fate of our economy, I realize that we have entered a new era of no compromise of significance from either party regardless of the consequences. Is it true that we are in transition from governing from within to governing by abstaining from compromise? This seemingly new, but hardly tested, politics from Washington, presents the American people with no real voice in our financial debacle, leaving us feeling pulled ... Read More

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HERMAN CAIN–Getting Down to Business: A Conversation with Herman Cain HERMAN CAIN–Getting Down to Business: A Conversation with Herman Cain

The GOP candidate talks with the Opportunist’s Managing Editor Leslie Stone about why he’s running for the nation’s highest office, his economic plan and his ideas for reinvigorating the American Dream. Herman Cain prides himself on being the only nonpolitician among the candidates vying for the 2012 Republican presidential nomination. “Whenever I give speeches at town halls, rallies or meet-and-greets and I tell people the biggest difference between my opponents and me is that I’ve never held public office, I ... Read More

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Cain’s 9-9-9 Plan Gets a Closer Look Cain’s 9-9-9 Plan Gets a Closer Look

Excerpt from John D. McKinnon | October 13, 2011 | WSJ.com | Herman Cain's surge in the polls is focusing new attention on his "9-9-9" tax plan, but also raising new questions about whether it does everything it claims. The former restaurant-company executive and Republican presidential candidate says his plan would raise at least as much revenue for the government as the current system, generally keep taxes level or even lower for low-income earners, and spur economic growth. Liberal critics, however, say it ... Read More

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Obama’s Big Green Mess–How the White House lost its eco-mojo. Obama’s Big Green Mess–How the White House lost its eco-mojo.

The following is an excerpt from Daniel Stone & Eleanor Clift | October 17, 2011 | NewsWeek Magazine | This summer, federal inspectors made a routine visit to 11 homes in St. Louis to see what taxpayers got for the $5 billion that President Obama spent to help Americans weatherize their homes to save energy. What they found was quite a surprise. Some of the energy-efficient furnaces installed at taxpayer expense spewed carbon monoxide that could poison occupants. New water heaters lacked ... Read More

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Three Steps to Save the World Three Steps to Save the World

The following is an excerpt from David Sessions | October 12, 2011 | thedailybeast.com (Picture on left: Dario Cantature/Getty Images) Only drastic measures will save the U.S. and Europe from decades of devastating slump, a sweeping new economic proposal argues. Read the details. Plus, top economists give The Daily Beast their reactions. Just about everyone will tell you the Obama administration’s response to the recession has barely made a dent in the misery gripping the country. Every day, the euro zone wobbles ... Read More

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Social Security recipients getting 3.6% raise, first in two years Social Security recipients getting 3.6% raise, first in two years

Excerpt by The Associated Press | bottomline.msnbc.msn.com Some 55 million Social Security recipients will get a 3.6 percent increase in benefits next year, their first raise since 2009, the government announced Wednesday. The increase, which starts in January, is tied to a measure of inflation released Wednesday morning. About 8 million people who receive Supplemental Security Income will also receive the 3.6 percent cost-of-living adjustment, or COLA, meaning the announcement will affect about one in five U.S. residents. There was no COLA in 2010 ... Read More

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Steve Forbes Endorses Rick Perry Steve Forbes Endorses Rick Perry

The following is an excerpt from Arlette Saenz | October 24, 2011 10:30 am | abcnews.go.com Texas Gov. Rick Perry received the endorsement of businessman Steve Forbes Monday morning. Forbes helped Perry craft the flat tax plan he will debut in South Carolina Tuesday, and Perry noted earlier in the campaign season that he had consulted Forbes on economic policy. Forbes made his own presidential bids in 1996 and 2000, which focused on the implementation of a flat tax. Perry’s forthcoming plan differs ... Read More

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Marvels of Capitalism-Credit Cards Marvels of Capitalism-Credit Cards

The first bank card, called "Charg-It," was introduced in 1946 by John Biggins, a banker in Brooklyn, according to MasterCard. When a customer used it for a purchase, the bill was forwarded to Biggins' bank. The bank reimbursed the merchant and obtained payment from the customer. However, purchases could only be made locally, and Charg-It cardholders had to have an account at Biggins' bank. DINERS CLUB The Diners Club Card was the first credit card in widespread use. In 1949 Frank McNamara ... Read More

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Sarkozy Wins China Cooperation Pledge Sarkozy Wins China Cooperation Pledge

Excerpt from Jonathan Steams and Helene Fouquet | October 27, 2011 | bloomberg.com | French President Nicolas Sarkozy conferred with his Chinese counterpart Hu Jintao as European policy makers seek to build support for an enlarged rescue fund designed to resolve the region’s sovereign-debt crisis. Hu hopes that the measures will help to stabilize markets, state-owned China Central Television reported. The phone call between the leaders came hours after a euro-region summit ended with an agreement to boost the European Financial Stability ... Read More

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