Washington Spurs Hiring When It Supports American Businesses

Let?s first establish one important notion: private sector jobs are what drive personal and national prosperity. Congress and the administration cannot create those jobs. Only business can. Washington's actions, policies and decisions, however, have significant impact on private employers' decisions to hire, expand and invest.

Source: http://www.forbes.com/sites/greatspeculations/2011/09/16/washington-spurs-hiring-when-it-supports-american-businesses/

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Another Way In Which Europe Is Fundamentally Broken


Most of the focus in Europe this week has been on the acute financial situation, and whether Greece is about to run out of Euros, forcing it to default.

But there were also larger discussions of economic policy, and how to get Europe growing again which, after all, is going to be key if the sovereign debt issues are resolved.

Among other things, Tim Geithner encouraged Europe (the Germans, mostly) to do more fiscal stimulus, and Germany rejected him.

But Germany really should be spending more to grow the economy.

Here's the problem in a nutshell...

Theoretically, in a recession, a government should have no problem cranking up spending, because the private sector has retrenched, and retrenchment means more savings, and more savings means more money in banks, and more money in banks means more bond buying, and thus the circle is squared. Private sector savings mean public sector deficits aren't a problem.

But in Europe the cycle is broken. Italian and Greek savers are under no compunction to save domestically, and long-story-short a ton of money is flowing specifically into German bunds, where yields are at record low levels.

Here's a look at the German yield curve. You'll see the numbers are pretty similar to those in the US.

chart

So there's tremendous demand for German debt (because there's nothing good to invest in, and nobody wants the debt of any other country), and in theory this should make it super-easy for Germany to crank up spending. But due to the German's unwillingness to do these kinds of things, the money just goes into German bunds and just sits there, accomplishing nothing, yielding very little.

So the cycle doesn't work in Europe, because of the weird thing where countries share a currency, but don't share a Treasury.

What's sad is that, officially, Europe doesn't seem to get that that's its problem. How else to explain this notion that Tim Geithner shouldn't lecture Europe because the US has high government debt? High government debt isn't a problem in the US, and really it's not the problem in Europe either.

Any attempt to 'solve' Europe without recognizing the inherent brokenness of a system that divorces the monetary authority from the fiscal authorities is doomed to fail, and nobody seems to realize that yet.

SEE ALSO: Here's who goes bust if Greece defaults >

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Source: http://feedproxy.google.com/~r/businessinsider/~3/dMR3lAB2ndE/another-way-in-which-europe-is-fundamentally-broken-2011-9

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Lindsey Graham: "Everything Is Worse Under Obama"


AP Lindsey Graham

Sen. Lindsey Graham (R-SC) declared on CNN's State of the Union that the 2012 election is the GOP's to lose.

"President Obama has done everything he knows how to do to beat himself," he said. "The reason people have little conference in President Obama's policies is they're just not working. Everything is worse."

Graham had been one of the friendliest Republicans to Obama during his first two years in office, but has become increasingly critical of Obama's foreign policy decisions as he prepares to wind down the Iraq War.

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Source: http://feedproxy.google.com/~r/businessinsider/~3/yjV0XZPm4Jo/lindsey-graham-everything-is-worse-under-obama-2011-9

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Many times new traders complete one of our seminars and are very enthusiastic. They feel empowered by the new strategies they have learned, and perhaps they have already found success in their early trades.

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How May You Be Capable Of Steer Clear Of Injury At Work?

Mishaps are in all places, and it’s also really quite inescapable in the sense that no person can avoid it, no person can detect its arrival, and no one can actually avoid such the moment it hits. Just about the most typical accidents that could occur to any individual is the injury at work. Fundamentally, [...]

Source: http://www.legaldebthelponline.com/2011/09/17/how-may-you-be-capable-of-steer-clear-of-injury-at-work/

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More Scenes From This Weekend's Anti-Wall Street Protests In Lower Manhattan


TakeBackWallSt

Nonviolent protestors occupied the Wall Street area in peaceful, yet loud, demonstrations Saturday.

The event, which is being called #OccupyWallStreet and #TakeWallStreet on Twitter, included a variety of groups with different agendas.

Some were angry with banks, the president and the government, while others were concerned with issues such as poverty and the death penalty.

One group called Adbuster's goal was to have President Obama end "the influence money has over our representatives in Washington."

Police blocked Wall Street and only residents who live in the neighborhood were permitted.

Police even guarded the famous "Charging Bull," a symbol of Wall Street.

Since demonstrators were not allowed on Wall Street they convened near Battery Park.

See the rest of the story at Business Insider

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Source: http://feedproxy.google.com/~r/businessinsider/~3/hoINpaZ9_r4/take-back-wall-street-protests-2011-9-17

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Watch An Awesome Video That Makes Frankfurt Airport Look Like A Kid's Toy

Heinz Gets Squeezed Down Under, Collateral Damage Of Aussie Retail Battle

As price-war continues between Australia's two biggest retailers, H.J.Heinz Company continues to suffer significant declines in gross margin in the Australian market that is increasingly becoming inhospitable for branded products.

Source: http://www.forbes.com/sites/greatspeculations/2011/09/16/heinz-gets-squeezed-down-under-collateral-damage-of-aussie-retail-battle/

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Stuck in a Rut?

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Many times new traders complete one of our seminars and are very enthusiastic. They feel empowered by the new strategies they have learned, and perhaps they have already found success in their early trades.

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