Obama

In the aftermath of privacy breaches and consumer outrage, the Obama administration has introduced the “Consumer Privacy Bill of Rights.” According to the Associated Press, the bill includes privacy protections with “voluntary but enforceable rules.” Administration officials are urging tech...

The fact that only 49 State Attorneys General ("AG") entered into the mortgage fraud foreclosure fraud settlement focused attention briefly on Oklahoma’s AG, E. Scott Pruitt.  The Oklahoma Republican Party bills Oklahoma as the reddest state, and Pruitt is beet red.  He refused to enter into the...

By now everyone has learned that this week President Obama  presented his plan, which will need Congressional approval to enact, to refinance homeowners' underwater mortgages which are not held by Freddie or Fannie. This is different from President Obama's Refinance  plan 2.0, which only offered...

The Obama administration’s record of prosecuting elite financial frauds is worse than the Bush administration’s record, which is a very large statement.  Syracuse University’s TRAC issued a report on November 11, 2011 entitled “Criminal Prosecutions for Financial Institution Fraud Continue to Fall...

There has been a lot of discussion lately about the rising threat of Iran becoming the new top enemy of the United States. Especially, the Republican presidential candidates have voiced their concerns over Iran's nuclear program and actions to shut the Strait of Hormuz, which is a main shipping...

Sixty Minutes' December 11, 2011 interview of President Obama included the following gem: KROFT: One of the things that surprised me the most about this poll is that 42%, when asked who your policies favor the most, 42% said Wall Street. Only 35% said average Americans. My suspicion is some of...

According to a recent CNN article, approximately 2.5 million more young adults in the United States are now receiving health coverage as a part of President Obama's healthcare reform, the Patient Protection and Affordable Care Act. A part of the reform that became effective in September allows...

Steven J. Davis, Senator McCain's chief economics advisor during his presidential campaign, has written a political hit piece on the man that defeated his candidate. His co-authors were Scott R. Baker and Nicholas Bloom. For the sake of brevity I will refer to the authors as “the authors” or “...

In internet culture terms, it seems that the Obama administration is trolling the American people. Recently, the Agriculture Department enacted a policy in which all fresh trees used for the holiday will have an added $0.15 charge. While this is basically a meaningless sum of money for the majority...

Odds for Obama to be re-elected on Intrade fell to 47.5% today, the lowest odds in the history of the contract (see chart).  

FOX Business Network host David Asman warns of a troubling addiction on Wall Street. “Ben Bernanke has two mandates, and he has failed on both,” Asman told Benzinga during a recent Q&A. “[First] to maintain the value of the currency, [and second] to keep unemployment low. Like the President,...

By Robert A. Green, CPA and founder and CEO of Green & Company Inc. (GreenTraderTax.com and GreenTraderFunds.com) Chinese media interviewed me about this blog: Xinmin Weekly article in Chinese. I met a nice journalist Ms. Leyun (Lorrin) Shao from China in Finland last year. She reads my blog...

"In his September 8 lecture to Congress, President Obama promised that “every proposal I've laid out tonight will be paid for.”  How?  By raising tax rates on “the wealthiest Americans and biggest corporations.” In other words, the President is proposing a $447 billion tax increase." Read more...

One of the current Republican talking point is that a major reason that firms are not hiring is regulatory uncertainty. Of course there is little or no evidence to support this argument and virtually every poll of business and especially small business shows that fear of regulation is a very minor...

The morning after U.S. President Barack Obama delivered his much anticipated “jobs speech,” investors have found other things to fret about.   Stock markets around the world sold off sharply after it was released that European Central Bank Executive Board Member Juergen Stark was stepping down...