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Fed Minutes: U.S. Economy Not Strong Enough to Wind Down QE2

by | Jan 4, 2011 | Towing

The U.S. economy has strengthened, but not enough for the government to pare down its bond-buying program, according to the latest Fed minutes. In late 2010, investments rose and the job market improved — but the housing marke…

Bailed-Out Banks Remain in Danger of Failing: 98 Banks at Risk

by | Dec 27, 2010 | Towing

The number of government-aided U.S. banks in danger of failing has grown about 15% in the past six months, The Wall Street Journal has reported. The economy has continued to batter many struggling institutions, with 98 bailed-o…

The Compromise Tax Bill: Why Something Was Better Than Nothing

by | Dec 17, 2010 | Towing

If a compromise by definition is a deal that pleases no one, then the tax deal that cleared Congress Thursday was a rousing success: Conservatives and liberals both dislike it, but those who voted for it agreed that the alterna…

The Compromise Tax Bill: Why Something Was Better Than Nothing

by | Dec 17, 2010 | Towing

If a compromise by definition is a deal that pleases no one, then the tax deal that cleared Congress Thursday was a rousing success: Conservatives and liberals both dislike it, but those who voted for it agreed that the alterna…

How Many Jobs Will Obama’s Tax Deal Create or Save? At Least One

by | Dec 17, 2010 | Towing

The $858 billion compromise tax bill passed the House Thursday at midnight, and is on its way to President Obama’s desk. With its passage, and the GDP growth it will propel, his reelection is more in the bag than ever. What eff…

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