The trillion-dollar Obama health care plan increases the odds that US economic recover will be delayed, and that unemployment and inflation will increase. The main thrust of the Obama plan is to increase taxes on individuals earning more than $250,000 a year, while forcing all but the tiniest businesses to purchase health insurance coverage […]
In the working paper “The Buyback Monitor - July 2009: Corporate Stock Buyback Profits of 273 Firms from 2000 into 2009“, published on the Social Sciences Research Network, M.A. Gumport, CFA, provides further evidence that stock buybacks are not as good for investors as often touted. The following is quoted from the abstract of this […]
On June 29, 2009, Pope Benedict XVI issued the encyclical “Caritas en Veritate” that dealt directly with capital market operations. Here are some citations from this encyclical: Besides requiring freedom, integral human development as a vocation also demands respect for its truth. The vocation to progress drives us to “do more, know more and have more in […]
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