LAFFER ASSOCIATES Supply-Side Investment Research May 19, 2016 10-yr T-Note: 1.86% DJIA: 17,526.62 NASDAQ: 4,739.12 S&P 500: 2,047.63 S&P 500 Undervalued: 151.8% GAME ON [Updated 7/6/2016] By Arthur B. Laffer, Ph.D. Summary To save you the agony of plodding through this fascinat...
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that he was willing to take on the state power. The outsider against the insiders. After all, that’s why he was elected. At some level he had a point. One reason presidents don’t fire the director of the FBI is that they fear the consequences. It’s the Hoover syndrome: any presi...
Off to Moscow | 255 to Terminal E. It is a nine-minute walk through the transit passage- way. Snowden, though, had one good reason for not going to Ecua- dor, even if Russia had permitted it. He believed that he would be vulnerable to rendition by the U.S. government in Ecuador....
10 In a civil war, a society is divided into armed camps that, initially at least, are roughly the same size. That’s not the case in Syria, where the uprising is backed by an overwhelming majority against a government that’s dominated by a small minority — the Ba’ath Party. To m...
close ties with the Egyptian military, which still receives $1.3 billion in American aid each year. American officials hope that whatever government emerges will continue to support American policy, including maintaining ties with Israel and distance from Iran. At the same time,...
Comparing GM & USA, Inc... General USA 2010 Motors 2008 Gross Debt as % of GDP 93% 82% Gross Debt as % of Revenue’ Federal Spending as % of GDP 24 114 Total Cost as % of Revenue Federal Budget Surplus as % of GDP -9 -21 Net Income as % of Revenue Interest Payments as % of GDP 1...
5 freedom, independence, and sovereignty -- at the hand of a foreign power, namely Iran. The Syrian uprisings may have already deepened the sectarian divide in Lebanon, raising once more the specter of civil war and making more difficult the task of forming a new government, a j...
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String Puller | 67 to back up the charges he made that Stellarwind was an unlawful domestic surveillance operation. He could not have done so without violating his sworn oath and, for that matter, U.S. anti-espionage statutes. Binney made it clear to her and other journalists th...
The Trump circle believe those career bureaucrats are out to get them, while NSC staffers are concerned the president isn’t up to the job and resent the politicization of the agency by appointing Bannon to the council. Staffers fear Kushner because he’s so close to the president...
and other electronic services. IMF has demanded that the resolution of this issue as well as the recapitalisation of other banks, as it resulted from the AQRs performed by NBU, is a prerequisite for the disbursement of its 4th tranche which in fact was executed successfully by th...
play a critical role in enabling the necessary structural changes to the healthcare system. The HITECH Act created a $25.9 billion!? Federal Government funded catalyst for the adoption of information technology in healthcare in the U.S., and this is stimulating significant invest...
Breaking News Alert September 25, 2017 NYTimes.com » BREAKING NEWS At least six of President Trump's advisers, including Steve Bannon and Reince Priebus, used private email accounts for government business Monday, September 25, 2017 8:08 PM EDT At least six of President Trum...
94 | HOW AMERICA LOST ITS SECRETS the response of these three officials, which included the admonition by Litt that “no serious news organization would publish this,” Gib- son gave the green light to publish the story. The story broke on June 6. “NSA Collecting Phone Records of...
Improving operating efficiency. With nearly one government civilian worker (federal, state and local) for every six households, efficiency gains seem possible. A 20-year trend line of declining federal civilian headcount was reversed in the late 1990s. Resuming that trend would...