Basic contract law stipulates no agreement exists when there is no meeting of the minds of the contracting parties, regardless of the words of the agreement. That is what appears to have taken place in Geneva - two sides used the same words in English, but meant different things. In short, there was no agreement at Geneva.
This is the kind of guilt-driven idealism, which is pushing the political needle and influencing elections around the world. Unfortunately, the outcome is often that those without means are demanding that those with means to "share" through higher taxes.
I don’t want anyone to accuse me of red-baiting, so let’s pretend communism never existed and look at an unfortunate episode from American history. When the colonists created the Plymouth Colony, they used a socialist model... And Capitalism ultimately saved the day.
Yes, officials of the U.S. Patent Office issued a patent for this "invention". But then, they issued a patent for a stick once before too, so we suspect their standards are pretty low....
Every month (on average), for about a year, there has been a startling discrepancy between employment as measured by the household survey and jobs as reported by the establishment survey. I believe the discrepancy is yet another Obamacare artifact.
As it happens the federal government's subsidization of U.S. ethanol producers, who produce ethanol from corn, which is also the primary feed grain for farm-raised turkeys might be playing into the skyrocketing cost of Turkeys in the US.
The U.S. Senate’s deployment of the “nuclear option” — lowering the threshold for approval of non-Supreme Court presidential nominees from 60 votes to 51 votes — will enhance the ability of the president and his party to control the health care sector well after he leaves office.
Herding cats doesn’t even begin to define the management problems of the administration, unless you allow for the cats to be drug-addled relics from the 1960s and 1970s.
After having banned concealed carry in all of their stadiums, and even ordering women to give up their purse in favor of see-through plastic bags, (don’t ya feel safer now?) the NFL has accelerated its war on gun ownership by trampling the First Amendment rights of a potential Super Bowl sponsor.
Former Congressman Bob Beauprez spoke with Michael Schaus about the Obama Administration’s Iranian “appeasement” plan. It’s more than a bad deal, or a Neville Chamberlin blunder: It’s illustrates this Administration’s lack of competency and perspective.
Israel is finding itself abandoned by the U.S. after President Obama, was yet again outmaneuvered by Vladimir Putin, and signed a terrible deal that saves Iran's nuclear program. President Obama is coming up way short in dealing with Russia's KGB President.
The military leader of the Free Syrian Army said it will not attend the Geneva talks in January 2014 because conditions are not appropriate for talks, which means the Free Syrian Army is getting beaten and has no political leverage.
Obama said, "For the first time in nearly a decade, we have halted the progress on Iran's nuclear program." But, Mohammed Zarif said the agreement enshrines Iran's nuclear capabilities by emphasizing "at two different points that there will be no solution without [the existence of] a nuclear enrichment program inside Iran."
Although the debate over whether corporations are people continues to rage (or simmer depending on your point of view), there is no doubt a corporation is a reflection of people. The underlying stock of a company goes a step further, serving as a proxy for mood and potential and providing a glimpse into the future.
Those of us who are tall, good-looking, over 40, white and male rarely have trouble being perceived as leaders. In our society, "people of the historically dominant race and gender, and a respected age, are typically afforded higher status than everyone else," say two business school professors, Adam D. Galinsky and Gavin J. Kilduff, in a recent article on group behavior in the Harvard Business Review.
What would you do next if you had successfully brokered a “Neville Chamberlin” style deal with a rogue state that wants to annihilate America and her Middle East allies? Well. . . You’d downgrade diplomatic ties with the Vatican, of course. At least, that’s what you would do if you were Obama.
Michael Rubin, foreign security and Middle East expert, joined the program to discuss the faults in Obama’s Iran Deal. Also: Barack Obama makes a stunning 180 when he tells a heckler that we are a “nation of laws”. (Hey, there’s a first time for everything.)
The great ones don’t stay great forever. Look at Microsoft (MSFT), Johnson & Johnson (JNJ), Merck (MRK), Cisco (CSCO), General Electric (GE). They are still good companies, no doubt, but these once mighty titans are not the engines of growth and prosperity they once were.
This is the season of rejoicing, reflection, and remembrance, which can often lead to a change in lifestyle and beliefs. Already, we have seen a groundswell of Americans change their minds about the new healthcare law, and we would like to see it delayed, curtailed or dismantled.
I have great sympathy for almost all segments of the population that have been disadvantaged by Obamacare. Among the victims are many relatively powerless people, including children, low-income workers, and retirees. But, there's always an exception.
As the health care debacle has shown yet again, a one-size-fits-all federal approach doesn't work. There's no reason for Washington, D.C.-based regulators to be overseeing energy projects hundreds or thousands of miles away, especially when the states have regulated energy development effectively for decades.
The number of French business bankruptcies hit a record in the third quarter of 2013 and the yearly total is on a pace that will come close to the total reached in the dark days of the great financial collapse in 2009.
Amidst the Democratic Party meltdown might elite Republican Party operatives snatch defeat from the jaws of victory? Don’t rule it out. Many elite Republicans lust to steer their party the way of the Whigs.
Herd mentality can be as frustrating as it is inexplicable. Financial markets are currently following this pattern with respect to the unshakable belief that the Federal Reserve is ready, willing, and most importantly, able, to immediately execute a wind down of its quantitative easing program.
Today, however, I want to agree with Paul Krugman. He recently wrote that there’s a “plot against France,” and I think that’s unambiguously true. But we do have one small disagreement.
Regardless of what happened, politically speaking, Obamacare came at a last-chance now-or-never point with public opinion split nearly 50-50. For now, it's waiting time. The next presidential election will determine what major changes in healthcare are coming.
After all, what can you possibly buy that would be genuinely fun for someone whose idea of fun revolves around banking or monetary policy?
Former Secret Service Agent Dan Bongino joined the Program to discuss the incestuous nature of Washington DC. In his new Book Bongino reveals the insular nature of the Whtie House, and the corrupt mentality of DC insiders.
Union groups are ramping up for “massive” strikes at Walmart this Black Friday. If prior years are any indication, we can expect a handful of union thugs showing up at a handful of Walmart stores, with a few mass-printed signs. The rest of America, however, will be buying discounted flat screens (and driving store employees insane).
As a consequence of this defeat the measure of success for the peace isn't the amount of American influence and prestige; it's whether a suitcase bomb explodes in New York or Madrid.
Looking for advice on how to improve the NYPD’s ability to keep New Yorkers safe, incoming Mayor Bill de Blasio is turning to the experts in criminal activity. . . Ex-convicts. The “expert’s” message was pretty simple: “Get Soft on Crime.”
The report found that only 37% of meteorologists who did not make a living by publishing papers supporting the theory that global warming is caused by human activity actually think that man-made global warming is real.
Imagine being arrested for circulating a petition asking Obama to resign. Is it that far-fetched?
We don't work with a safety net and there's a real potential that our previous thinking may turn out to be wrong.
The Banking Committee approved Yellen 14 to 8, with only one Democrat, Sen. Joe Manchin (D-W.Va.), voting against her and she is likely to be voted on by the full Senate by the middle of December.
Unlike the U.S. constitution, which is a document that limits government power in order to secure the rights of man, the Commie constitution is a list of affirmative powers granted the government to regulate the lives of citizens.
I have arrived at the deduction that this Washington D.C. quandary comes as result of the Zombie Effect. Yeah, I said it: zombies.
For someone with little money or assets, why not take the chance? Bankruptcy is always an option. Ultimately, this line of thinking may cause millions to opt out. And it is not just the young who will opt out.
Meanwhile, six months ago, the stock market suddenly spiked upward on 14 May 2013, as stock prices were racing to catch up to the then recent shift in the forward-looking focus of investors, who were shifting away from focusing on the dividends they were expecting to earn in 2013-Q2 to instead focus on the more distant future of 2014-Q1.
New Time 11:20 AM PT: Get the Market Movements in Advance: William's Edge Webinar for Fridat April 25th, 2014 | John Ransom
New Time 11:20 AM PT: Get the Market Movements in Advance: William's Edge Webinar for Thursday April 24th, 2014 | John Ransom
New Time 11:20 AM PT: Get the Market Movements in Advance: William's Edge Webinar for Tuesday April 22nd, 2014 | John Ransom