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Jim Cramer Responds to White House

Jim Cramer of Mad Money on CNBC and commentator for TheStreet.com has written a response to White House criticism over his recent remarks about the Obama budget.  He claimed that the budget may be one of the greatest wealth destroyers of all time.  In his article, he writes that he agrees with virtually all of Obama's policies, but thinks that they are too extreme right now:

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Blog

Jim Cramer Responds to White House

Jim Cramer of Mad Money on CNBC and commentator for TheStreet.com has written a response to White House criticism over his recent remarks about the Obama budget.  He claimed that the budget may be one of the greatest wealth destroyers of all time.  In his article, he writes that he agrees with virtually all of Obama's policies, but thinks that they are too extreme right now:

03/06/2009
Entrepreneurs: Dealing with Government

In the face of radical uncertainty, some entrepreneurs are finding ways to make money in today's credit market.  Yesterday, Bloomberg ran an article on bank charges and mark to market accounting, but the lead for their article told an interesting story of entrepreneurship.  

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Blog

Entrepreneurs: Dealing with Government

In the face of radical uncertainty, some entrepreneurs are finding ways to make money in today's credit market.  Yesterday, Bloomberg ran an article on bank charges and mark to market accounting, but the lead for their article told an interesting story of entrepreneurship.  

03/05/2009
Reporter Says Outburst Was Spontaneous

Rick Santelli, the CNBC reporter whose on-air suggestion of a “Chicago Tea Party” to protest President Obama’s housing plan sparked an Internet sensation and a smattering of actual protests across the country, found himself on the defensive Monday.Mr. Santelli published a long blog post on CNBC’s Web site Monday evening denying any affiliation with the “tea party movements that have popped up” since his comments were broadcast. A number of blogs had questioned whether Mr. Santelli had coordinated his on-camera commentary with right-wing groups.

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Newspaper Article

Reporter Says Outburst Was Spontaneous

BY Brian Stelter

Rick Santelli, the CNBC reporter whose on-air suggestion of a “Chicago Tea Party” to protest President Obama’s housing plan sparked an Internet sensation and a smattering of actual protests across the country, found himself on the defensive Monday.Mr. Santelli published a long blog post on CNBC’s Web site Monday evening denying any affiliation with the “tea party movements that have popped up” since his comments were broadcast. A number of blogs had questioned whether Mr. Santelli had coordinated his on-camera commentary with right-wing groups.

03/04/2009
Entrepreneurs Will Save Us

If the government would let them.

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Blog

Entrepreneurs Will Save Us

If the government would let them.

03/04/2009
Groups Adapt '08 Tactics For Lobbying Efforts

If you're a Blue Dog Democrat and you voted for the stimulus, there's someone using your name on Google to try to turn your constituents against you.The conservative advocacy group FreedomWorks is launching a search engine advertising campaign this week targeting all 49 of the fiscally conservative House Democrats, either criticizing or applauding them for how they voted on the stimulus package. The organization is buying spots in Google's "Sponsored Links" column, which appears alongside searches for the lawmakers' names.

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Newspaper Article

Groups Adapt '08 Tactics For Lobbying Efforts

BY Amy Harder

If you're a Blue Dog Democrat and you voted for the stimulus, there's someone using your name on Google to try to turn your constituents against you.The conservative advocacy group FreedomWorks is launching a search engine advertising campaign this week targeting all 49 of the fiscally conservative House Democrats, either criticizing or applauding them for how they voted on the stimulus package. The organization is buying spots in Google's "Sponsored Links" column, which appears alongside searches for the lawmakers' names.

03/04/2009
Bill would move kicker money into rainy-day fund

SALEM -- Lawmakers said Tuesday that they're ready to take on one of Oregon's most sacred cows: the kicker tax refunds.A bipartisan group of legislators unveiled a bill to siphon off all or part of any future surplus and put the money into the state's rainy-day savings account rather than sending it back in checks to taxpayers.If approved by the Legislature, the issue would go to Oregon voters in a general election. Kicker refunds are locked in the state constitution, which can't be amended without a statewide vote.

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Newspaper Article

Bill would move kicker money into rainy-day fund

BY Harry Esteve

SALEM -- Lawmakers said Tuesday that they're ready to take on one of Oregon's most sacred cows: the kicker tax refunds.A bipartisan group of legislators unveiled a bill to siphon off all or part of any future surplus and put the money into the state's rainy-day savings account rather than sending it back in checks to taxpayers.If approved by the Legislature, the issue would go to Oregon voters in a general election. Kicker refunds are locked in the state constitution, which can't be amended without a statewide vote.

03/04/2009
FDIC Could Be Insolvent?

Chairman of the Federal Deposit Insurance Corporation (FDIC), Sheila Bair, said that the FDIC could be insolvent this year.  In a letter to the banking industry, Bair wrote that the FDIC would raise fees in an attempt to prevent insolvency.  The government agency offers deposit insurance on bank accounts up to $250,000.  

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Blog

FDIC Could Be Insolvent?

Chairman of the Federal Deposit Insurance Corporation (FDIC), Sheila Bair, said that the FDIC could be insolvent this year.  In a letter to the banking industry, Bair wrote that the FDIC would raise fees in an attempt to prevent insolvency.  The government agency offers deposit insurance on bank accounts up to $250,000.  

03/04/2009
Jim Cramer (Democrat) slams Obama's "radical" economic policies

Jim Cramer, one of the loudest Wall Street supporters of Barack Obama prior to the election, may now be one of the first well-known liberals to start saying publicly what many of the rest of us non-liberals have been saying for weeks or months. While the Democrats have had some fun in recent days with the mini-tiff between Rush Limbaugh and Michael Steele, now we have a high-profile Democrat with a large following (though many people aren’t sure why) calling the president out as the radical that he is.

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Blog

Jim Cramer (Democrat) slams Obama's "radical" economic policies

Jim Cramer, one of the loudest Wall Street supporters of Barack Obama prior to the election, may now be one of the first well-known liberals to start saying publicly what many of the rest of us non-liberals have been saying for weeks or months. While the Democrats have had some fun in recent days with the mini-tiff between Rush Limbaugh and Michael Steele, now we have a high-profile Democrat with a large following (though many people aren’t sure why) calling the president out as the radical that he is.

03/03/2009
Stock market gets Obama-ed again on Tuesday

On Tuesday, the stock markets put in another dismal performance, with all major indices closing down on the day. The Dow Jones Industrial Average closed at 6726, down 37 points, about 20 points above its low and 125 points below its mid-day high. And immediately after the bell, futures are trading substantially lower, as if the Dow were down another 25 points or so.  The market closed at levels last seen in October, 1996. Technology stocks were slightly stronger, with the Nasdaq down only two points, but also much closer to its daily low than high.

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Blog

Stock market gets Obama-ed again on Tuesday

On Tuesday, the stock markets put in another dismal performance, with all major indices closing down on the day. The Dow Jones Industrial Average closed at 6726, down 37 points, about 20 points above its low and 125 points below its mid-day high. And immediately after the bell, futures are trading substantially lower, as if the Dow were down another 25 points or so.  The market closed at levels last seen in October, 1996. Technology stocks were slightly stronger, with the Nasdaq down only two points, but also much closer to its daily low than high.

03/03/2009
History of Financial Bailouts

If you liked FreedomWorks' Roots of the Crisis, you'll enjoy this.  The February issue of the Freeman magazine has a great article by free banking historian and economist Larry White on the recent history of financial bailouts.  It's a historical narrative of financial bailouts over the last year.  Check it out here.  

http://d7.freedomworks.org.s3.amazonaws.com/styles/thumbnail/s3/te_social_media_share/fw_default_0.jpg?itok=mX_C44GW
Blog

History of Financial Bailouts

If you liked FreedomWorks' Roots of the Crisis, you'll enjoy this.  The February issue of the Freeman magazine has a great article by free banking historian and economist Larry White on the recent history of financial bailouts.  It's a historical narrative of financial bailouts over the last year.  Check it out here.  

03/03/2009

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