Eliminating Tax Loopholes Won't Make Up for Defense Spending
Getting rid of things like mortgage and charitable deductions wouldn't make a dent
Economics
RIM Stocks Tumble over Lousy Market Share News
Blackberry has a measly 1.6 percent of the mobile market
GOP Split on Next Moves on Fiscal Cliff
Senators want quick deal while House members want to demand tax code and entitlement changes
Los Angeles Will Not Soon Be Following the Pension Reform Lead of San Diego and San Jose
Former Los Angeles Mayor Richard Riordan has dropped his quest, on which he spent a reported $500,000, to gather signatures for a ballot initiative that would have replaced defined-benefit pensions for city employees with 401(k)-style defined-contribution plans.
Port of Houston Paying Cruise Lines to Dock Rent Free
Only in bizarro government world does that make sense
OECD Revises Global Growth Outlook Downward; Euro Debt Largest Threat
Recommends more money printing
CFTC Lawsuit Leads to Intrade Pullout From U.S. Market
The predictions market company told its U.S. customers they have to close their accounts after the feds accused them of violating Dodd-Frank
NYC Wants $9.8 Billion From Feds Post-Sandy
On top of $9.2 billion it's already received from private insurance and FEMA pay-outs
'The World Is More Complicated'
David Simon, creator of The Wire and Treme, on New Orleans, private prisons, drug policy, newspapers, and letting down libertarians
Intrade Prediction Market Targeted by Our Commodity Futures Trading Commission (For Absolutely No Good Reason)
In a press release strangely devoid of any mention of anyone being victimized or defrauded, the U.S. Commodity Futures Trading Commission (CFTC) announces it is suing Intrade, the famous "prediction market" business, based in Ireland.
Amazon Raises $3 Billion from Bond Offering
Takes on debt to purchase its Seattle headquarters
HP Sued by Investor
Claims company executives misled on bad acquisitions that lost billions
Everybody Will Be Talking About Powerball for a Few Days
Jackpot is at $425 million. Enjoy the footage of people buying tickets on your local news.
Facebook Shares Jump 8 Percent
A former critic of the stock's performance is now more optimistic
Why Cities Like Cleveland Die: They Refuse to Emulate Success While Persisting in Failure
Earlier this month, Cleveland's West Side Market celebrated its 100th anniversary with a fundraising party designed to raise dollars to help maintain the facility.
Obama Administration's Economic Policies Echo Those of Failing California
And they're likely to have the same amazing results
Price Controls Favor California Cheese Makers, Hurt Everybody Else
Don't even try to make sense of the rules
French Minister Urges Giant Steel Maker To Quit the Country
Why wait for economic ruin when you can bring it about yourself?
Unionized Workers Turning on Unions
Some want out as labor unions lose leverage and descend into total cronyism
The Supreme Court Should Tackle the Federal Government's "Naked Economic Favoritism"
A New Deal price-fixing scheme reaches the High Court. Will the justices take the case?
Florida Weighs Corporate Welfare for New Sports Stadium
Tampa Bay taxpayers already funded one baseball stadium. Will they be forced to subsidize another?
Jersey City Spends $15 Million On "Longevity Pay" While Touting Pay Freeze
Good work if you can get it
Most People Are Pessimistic Over Fiscal Cliff Deal
Two-thirds are predicting that lawmakers will act like spoiled children, as per usual
Russia Has Been Keeping Assad's Regime Running With Cash Injections
Over 200 tons of "bank notes" have been shipped to Syria from Moscow
Cyber Monday Sales Look to Top $1.5 billion
We all need more stuff to be thankful for next year
E.U. Ministers to Discuss Next Greece Bailout Installment
Disagreements on how to deal with the debt crisis still to be resolved
British MP Recommends Patients Pay For Drugs Used to Treat Lifestyle Related Conditions
Says the move would save money and encourage personal responsibility
Top Republicans Abandoning Norquist
Fiscal worries are making some GOP lawmakers ready to accept tax hikes
British Regulator Fines UBS $47.6 Million
Bank failed to stop rogue trader from losing more than $2 billion dollars
