Archive for December, 2011

A “Peace Dividend?” Not Likely

December 19, 2011
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Despite the redeployment of U.S. troops out of Iraq, during this dismal period of “austerity” the public isn’t likely to see any discernible difference in the government’s misplaced priorities. Our representatives in Washington recently passed a “bipartisan” military budget of $662 billion. That level of “defense” spending, about $7 trillion over 10 years, Congress...

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A Billionaire Comes A’Whinin’

December 7, 2011
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The Wall Street “veteran” Leon Cooperman has written an “Open Letter to President Obama” that provides us with a glimpse into the mindset of our 21st century corporate overlords. He’s upset not with President Obama’s Treasury Department or his Securities and Exchange Commission, or even his Department of Justice or the IRS. No, what’s...

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