Posts Tagged ‘Unemployment Rates’

Ongoing U.S. Economic Challenges May Cause Muni Bond Chaos

Friday, June 4th, 2010

 

Warren Buffet Turns Sour on Muni Bonds.  Thanks to Massive Underfunded Pensions, Dwindling Revenues and Inability to Raise Taxes – State and Local Agencies Are in for a Rough Ride.  Over $14 Billion of Muni Bond Defaults in 2008 and 2009.  This may be just the tip of the iceberg.

http://www.moneynews.com/StreetTalk/warren-Buffett-Municipal-Debt/2010/06/03/id/360924?s=al&promo_code=A01D-1

 

U.S. Unemployment Continues to Challenge Recovery.  Census Workers Cannot Cure the Problem (WSJ).

http://online.wsj.com/article/SB10001424052748704764404575286263535019280.html?mod=djemalertNEWS

 

Long-Term U.S. Problems Continue (The Economist) -

http://finance.yahoo.com/tech-ticker/%22longer-term-issues-for-america-are-really-really-serious%22-bishop-says-498808.html?tickers=%5Edji,%5Egspc,tlt,tbt,euo,man&sec=topStories&pos=9&asset=&ccode=

Goldman Sachs Hearings, U.S. Financial Reforms & Unemployment &

Wednesday, April 28th, 2010

Read the following updates regarding:

  •  The Senate grilling of Goldman Sachs’ Executives (WSJ):

WSJ.com – Goldman Sachs Senate Hearings – Bruised/ Defiant. Do the Senators Really Understand What Market Makers Do? http://on.wsj.com/95hr1G

 

  • Proposals to Revamp the U.S. Financial System (FT):

Martin Wolf (Financial Times) Evaluates U.S. Financial Reform Options http://www.ft.com/cms/s/0/cca02e40-522d-11df-8b09-00144feab49a.html

 

  • The Press Spin to Put Lipstick on the Unemployment Pig: 

347 Regions Experience Higher Unemployment.But Press Spins the News as Positive   http://bit.ly/bXPwD6

 

  • Going Green – The Wind Solution May Just Be Hot Air (WSJ):

WSJ.com – “Power Hungry” by Robert Bryce – The Wrong Way To Get to Green http://on.wsj.com/8ZIW2r

 

For all my Twitter Updates, please follow me at:

http://twitter.com/taxcredits_CPA