It is far too soon to make sweeping pronouncements of any sort, but one of the most persistent issues of next year’s Presidential Election may well be a grand debate on the size of government. Republicans have considered this their meat-and-potatoes issue since 1980, but in many ways, it is far less applicable today. Even so, now that a substantial federal deficit exists, Republican Presidential candidates will be sure to keep bringing up that fact in debates, television ads, flyers, e-mail blasts, Tweets, and solicitations for contributions. If only they knew that the era of Big Government has long been over. Their paranoia about the evils of contagious socialism is a mere specter now. But so far as myths go, this is one of the more persistent, and has gone unchallenged for so many years that it might as well be gospel in the minds of many believers.
Tag: Private Sector
Oct 11 2010
Supposedly ‘Uncertainty‘ is the new Corporate buzzword.
‘Uncertainty‘ is the Mantra that keeps them FROZEN with inaction.
Well I guess, a lot depends on what kind of ‘Action’ — were looking at.
America’s Corporate Cash Cushion
Jonathan Cheng, WSJ Market Beat — Sep 17, 2010
The Federal Reserve put out its quarterly report on fund flows today, which shows corporate balance sheets more or less flat at $1.845 trillion, compared to $1.847 trillion in the first quarter of 2010.
“Companies weren’t stuck like a deer in the headlights because of regulatory or political uncertainty,” he said. Instead, he says corporate directors have been spending on capital expenditures, M&A, and buybacks and dividends. [ … according to Anthony Carfang, from at Chicago-based corporate treasury consultancy Treasury Strategies.]
Dividends and buybacks, like the ones announced after market close yesterday by Texas Instruments, are on the rise […]
Be afraid, be very afraid, people — Or so the Corporate Speakers are telling us.
Jun 14 2009
In case you haven’t noticed, there is a Talking Point War, developing around the “validity” of the Public Option.
There is very much at stake in this inevitable War of Words — not least of which is YOUR Future Health, Wealth, and peace of mind.
Of course, the forces of the Status Quo, will do everything within their Financial Power, to convince you that a non-profit “Public Option” in Health Care — is against your best interests! That it is anti-American! … That a Public Option is somehow an “inferior” product. (says who, btw?)
Just don’t buy what their selling, because really it’s someone else’s “best interests” that those Talking Point warriors, really have in mind:
Beware of Big Business’ next “Bait and Switch”!
(Whether it be some amorphous “co-op” idea, or some other shiny object, like promising to finally “play nicely now”.)