Politics
Please sir, may I have some more?
Published on January 30, 2009
Maybe it is the decaf coffee the waitress slipped me this morning, but this political environment is getting depressing. Since when does a financial analyst need to be a political expert. Americans don’t know whether to read the Wall Street Journal or Roll Call. Fortunately, there’s TFN.
By Andrew Snyder, TodaysFinancialNews.com
Baltimore – (TFN): Here I [...]
Trickle down justice
Published on January 26, 2009
The worlds of politics, big business and crime seem to get closer and closer with each closing bell on Wall Street. Federal Reserve officials do not pay taxes. Banks beg for cash with one hand and write huge bonus checks with the other. And so-called investing gurus walk off with billions in stolen loot. No [...]
$500 tax credit: Too little, way too late
Published on January 23, 2009
The nation is starting to catch on to the fact that even the latest round of economic stimulus will not be enough to pull the nation’s economy out of the gutter. Instead of stuffing our bank accounts with cash, our leaders are stuffing their pockets with votes.
By Andrew Snyder, TodaysFinancialNews.com
Baltimore – (TFN): There are few [...]
Greed runs rampant: Everybody wants more
Published on January 16, 2009
Americans are becoming used to seeing our money get sucked into a government-created whirlpool of debt and frivolous spending. A trillion dollars used to be a lot of money, but after the last few months, it is nothing. Get out your checkbook, Uncle Sam.
By Andrew Snyder, TodaysFinancialNews.com
Baltimore – (TFN): Somehow it is becoming more and [...]
Greed and corruption in the name of economic stimulus
Published on January 15, 2009
Our elected officials are up to the same old tricks, threatening the nation’s future in the name of votes. Spending trillions of freshly minted dollars may look like a good idea, but you and I will end up paying for it.
By Andrew Snyder, TodaysFinancialNews.com
Baltimore – (TFN): If the nation’s economy ran on political greed [...]
The “death tax” won’t die
Published on January 12, 2009
The inauguration may be next week, but the campaigning for a second term has already begun. Reading the headlines may make Obama look like he is fighting for you and I. But dig a little deeper and you may be surprised by what you learn.
By Andrew Snyder, TodaysFinancialNews.com
Baltimore—(TFN): As the nation’s economy is driven deeper [...]
Paying and suffering as the government gets bigger
Published on January 8, 2009
We turn to our government for support and guidance, but it seems all it does is disappoint us time and time again. Obama’s trillion-dollar deficit may be the feather that trips the global balance of power.
By Andrew Snyder, TodaysFinancialNews.com
Baltimore – (TFN): Our government has gone mad. Crazed by their addiction to votes and incessant desire [...]
Pie in the Sky and Lowered Expectations
Published on December 30, 2008
What consumer confidence numbers tell about America’s trust in liberal totalitarianism.
Will the beggars please form a line…
Published on December 22, 2008
I cannot believe the audacity of this country’s beggars. Greedy businessman after greedy businessman is lining up in Washington for a bailout package of their own. The free market will not help them, so now they want assistance in the world of blind politics.
By Andrew Snyder, TodaysFinancialNews.com
Baltimore—(TFN): After the banks got their rescue, the [...]
Why Congress has no business bailing out anybody
Published on December 10, 2008
Two vital marketplace signals are the profits that come with success and the losses that come with failure. When these two signals are not allowed to freely function, markets operate less efficiently. To be successful a business must take in enough revenue not only to cover wages, rents and interest but profits as well.
Illinois attempts to blackmail Bank of America (NYSE:BAC)
Published on December 9, 2008
This is a big day for Illinois. Not only was its governor and his chief of staff arrested, but the state is working to blackmail Bank of America (NYSE:BAC) out of millions of dollars.
By Andrew Snyder, TodaysFinancialNews.com
Baltimore – (TFN): This country has made an incredible ideological shift in the past three months. I cannot [...]
Unemployment horror: When bad is good
Published on December 5, 2008
The nation was forced to digest a horrifying jobs report this morning. Just when we thought the economic news could not get much worse, it does. What impact will the news have on our nation’s politicians? I say it can only help.
By Andrew Snyder, TodaysFinancialNews.com
Baltimore – (TFN): Today’s horrific jobs report may be just [...]
What really makes oil move
Published on December 3, 2008
No matter how the spot and future prices change (both up, both down, one up, one down), when the futures contract expires, the price gap closes and they make money. All this activity thus will close the abnormal gap between futures and spot prices to normal contango levels. Conclusion: making money is hard work—there is no free lunch—even for speculators!
Financial rescues: The blind leading the blind
Published on December 2, 2008
The new Capital Visitors Center was unveiled in Washington today. It was more than $500 million over budget and three years too late. If our leaders cannot manage a building project, how in the world will they save companies like Ford (NYSE:F) and General Motors (NYSE:GM)?
By Andrew Snyder, TodaysFinancialNews.com
Baltimore – (TFN): I am not one [...]
Clinton 2.0: Obama adds to his team
Published on November 24, 2008
This is one of the most pivotal times in the nation’s history, yet it is politics as usual in Washington. Obama promised change but is delivering Clinton 2.0. Is he making the right decisions or are we all in serious trouble?
By Andrew Snyder, TodaysFinancialNews.com
Baltimore – (TFN): The Bush administration threw its third pitch at a [...]
Washington bows: General Motors (GM) and Ford (F) shares soar
Published on November 20, 2008
Our politicians are handing Wall Street a gift today. Shares of General Motors (NYSE:GM) and Ford (NYSE:F) are soaring in price. Will they make good on their word.
By Andrew Snyder
****** Story Update (3:30 PM EST) ****** Congress now tells us that it has put off a vote on any Detroit bailout until after Thanksgiving. It [...]
The TARP is turning into a political body bag
Published on November 14, 2008
This is turning out to be one of the most important months in American history. Congress is making one politically induced mistake after the other. If it cannot get this mess sorted out, the nation will never be the same again.
By Andrew Snyder, TodaysFinancialNews.com
Baltimore — (TFN): The nation celebrated Veteran’s Day this week. The eleventh [...]
The TARP: Just another government fiasco
Published on November 7, 2008
The federal government does not have a strong reputation of getting things done. When it dives into a big project, a handful of folks get rich and the rest of us suffer. The $700 billion bailout is turning out the same way.
By Andrew Snyder, TodaysFinancialNews.com
Baltimore – (TFN): We all knew it was nothing more than [...]
Vote for your portfolio
Published on November 3, 2008
We are down to the last 48 hours of a presidential campaign that started over four years ago. Now, it seems the more we learn about Obama, the more the nation fears him. It is a shame we do not have more time.
By Andrew Snyder
Baltimore – (TFN): I did my part. After watching the political [...]
Obama Presidency: Goodbye, rule of law! Welcome, rule of social “empathy”!
Published on October 29, 2008
The net result of an Obama Presidency, supported by a rubber-stamp Congress, is that the legal left will once again have a majority on the nation’s most important regulatory court of appeals.
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