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A 20-rule manifesto for New No-Growth Economics

Mon, 29 Aug 2011 00:00:00 -0700

MarketWatch - By Paul B Farrell - Aug. 29 (Opinion) - After the coming global collapse â€” the big wake-up call â€” classical economics will be exposed as a fraud sabotaging investors, destroying America.

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IMF bombshell: Age of America nears end

Mon, 25 Apr 2011 00:00:00 -0700

MarketWatch - By Brett Arends - Apr. 25 (News Report) - For the first time, the international organization has set a date for the moment when the “Age of America” will end and the U.S. economy will be overtaken by that of China.

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The economy can’t grow forever

Fri, 24 Sep 2010 00:00:00 -0700

MarketWatch - By Rex Nutting - Sep. 24 (Opinion) - The Earth cannot forever support 7 billion people consuming as much as Americans consume. And yet we’ve staked our future — individually, nationally, and maybe even as a species — on that impossible dream.

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Congress probing use of dispersants in Gulf: WSJ

Sun, 01 Aug 2010 14:57:22 -0700

MarketWatch - Aug. 01 (News Report) - Congressional leaders are looking into whether chemical dispersants were more widely used in the efforts to contain the Gulf of Mexico oil spill than previously disclosed, according to a report Sunday.

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The nuclear option is back on the table

Thu, 20 May 2010 00:00:00 -0700

MarketWatch - By Aude Lagorce - May. 20 (News Report) - For 30 years Sweden stood proudly at the forefront of the world's antinuclear movement. Now, in one of the clearest signs of a nuclear-power renaissance sweeping the globe, it's striving to lift a decades-old ban on new reactors.

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The Nuclear Option

Thu, 20 May 2010 00:00:00 -0700

MarketWatch - May. 20 (Special Report) - Ballooning energy needs, volatile fossil-fuel markets and worries about global warming are pushing countries around the world to reconsider nuclear power.

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Wells Fargo projects record first-quarter profits

Thu, 09 Apr 2009 00:00:00 -0700

MarketWatch - By Sam Mamudi & Alistair Barr - Apr. 09 (News Report) - Wells Fargo & Co. said Thursday that first-quarter earnings would surge to a record $3 billion, well ahead of analyst forecasts, as loan losses and loss provisions dropped from the difficult previous quarter and its mortgage business thrived.

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Poll: Public negative on Bush legacy

Wed, 07 Jan 2009 00:00:00 -0800

MarketWatch - Jan. 07 (News Report) - As President Bush prepares to leave office, U.S. citizens tend to see his legacy as negative, a poll released Wednesday said. The Gallup Poll found Bush gets positive ratings on AIDS and many people say race relations improved during his presidency. But that last finding appears to be a result of the election of Barack Obama as his successor and not from any action of the president. Four out of 10 people surveyed said the country made progress on fighting terrorism. About the same number said the United States had lost ground, making the issue a wash for Bush.

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The bailout is un-American

Sat, 27 Sep 2008 00:00:00 -0700

MarketWatch - By Paul Jaber Jr. Manager, Perpetual Value Fund End of Story - Sep. 27 (Opinion) - Dear Sen. Dodd, I am a resident of Connecticut and I vote. In addition, I work on Wall Street. For years I have been warning people against what is currently happening in our equity and credit markets. Some of us on Wall Street are not shocked by these events; they did not suddenly appear.

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Why McCain would be a mediocre president

Sun, 10 Aug 2008 00:00:00 -0700

MarketWatch - By Rex Nutting - Aug. 10 (Opinion) - In his frivolous Paris and Britney ad, Sen. John McCain has asked the right question: Is Barack Obama ready to lead this country? Since last January, Sen. Obama's fitness for the presidency has been the only question that matters in American politics. The pollsters and pundits agree that if Obama can show the voters that he's up to the job, he'll win. If not, he won't. But that begs another question: Is McCain fit to lead America? That question hasn't been asked, nor has it been answered. The assumption seems to be that McCain's years of experience in the military and in Congress of course give him the background and tools he'd need in the White House. As Britney might say, "Duh! For sure he's qualified!!! He's Mac!!!" But is that true? Does McCain have the right stuff? A careful look at McCain's biography shows that he isn't prepared for the job. His resume is much thinner than most people think. Here are some reasons why McCain would be a mediocre president.

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McCain facing game of fundraising catch-up

Fri, 06 Jun 2008 13:39:22 -0700

MarketWatch - By Robert Schroeder - Jun. 06 (News Report) - WASHINGTON -- One of the first things visitors to John McCain's web site see is a plea from the Arizona senator for money to help him with his presidential bid. An identical plea greets visitors to Sen. Barack Obama's web site. But if past is prolog, the burden is going to be on McCain to match Obama's formidable fundraising skills as the two men head into an already-historic election season. As of the end of April, the latest date for which both campaigns' figures are available, Illinois Sen. Obama had more than double the cash on hand that McCain did, $46.5 million to McCain's $21.7 million. Figures for May are due from the Federal Election Commission later this month, though McCain's campaign said Friday that he ended the month with $31.5 million on hand. Chances are that the presumed Democratic candidate will outgun the probable Republican candidate again during May. McCain raised a total of $90.5 million through the end of April, according to FEC data. But Obama, a first-term senator relatively unknown until recently, has raked in nearly triple that amount in the months he's been campaigning. Through April, Obama has taken in $265.4 million. Obama has built his coffers without money from federal lobbyists or political action committees. On Thursday, moreover, he said that the Democratic National Committee would play by the same rules.

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McCain's move to center means Dems can't presume anything

Thu, 05 Jun 2008 00:00:00 -0700

MarketWatch - By Darrell Delamaide - Jun. 05 (Opinion) - The presumptive Republican nominee -- with presumption somewhat more in his favor than the presumptive Democratic nominee Barack Obama - continues to stake out the political center on some key issues, pushing his unanointed Democratic rival to the left. In fact, the way things are going, it is Obama, not McCain, who is in danger of losing his bearings and getting boxed into positions that won't appeal to white working class voters and many other constituencies he will need to carry if he wants to win the White House.

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Fall campaign kicks off as Obama, McCain dig in

Wed, 04 Jun 2008 10:21:01 -0700

MarketWatch - Jun. 04 (News Report) - John McCain and Barack Obama emerged from a grueling primary season, each promising to bring their own version of change to Washington after eight years of the Bush administration.

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How McCain or Obama can win on the issues

Tue, 03 Jun 2008 16:30:33 -0700

MarketWatch - By Rex Nutting - Jun. 03 (News Report) - Both John McCain and Barack Obama say they aren't your typical politicians. In an election year in which an overwhelming majority of voters say the country is heading in the wrong direction and say that they want big changes in government policies, it's crucial that the candidates clearly show their differences on the things that matter.

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McCain is the loser in Pennsylvania

Wed, 23 Apr 2008 00:00:00 -0700

MarketWatch - By Rex Nutting - Apr. 23 (Opinion) - The enthusiastic way Democrats trooped to the polls on Tuesday can't be good news for the Republicans, who'll send John McCain out in November to face the Democratic nominee, almost certainly Obama. The conventional wisdom , spun by the Clinton campaign and reinforced by opinion polls showing that a significant number of Clinton Democrats say McCain is their second choice, is that Obama can't win in November...The conventional wisdom, as it is so often, is wrong. The stars are aligning for a Democratic landslide in November. The economy, the war, and the general disgust with the Bush years are all moving in their direction, regardless of who the standard bearer is.

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Bush calls for 'direct and rapid' stimulus

Sat, 19 Jan 2008 03:10:00 -0800

MarketWatch - By Robert Schroeder - Jan. 19 (News Report) - A key part of the White House's plan involves income-tax relief but leaves out breaks on payroll taxes paid by poorer Americans. Washington's 2001 rebate was an income-tax rebate, not a payroll-tax rebate. That plan included rebates of either $300 or $600. This time the biggest rebates could reportedly be more than double those.

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Wall Street unleashes its 'weapons of mass manipulation' on you

Mon, 29 Jan 2007 08:37:34 -0800

MarketWatch - By Paul B. Farrell - Jan. 29 (News Analysis) - There's lot's more, but you get the picture: You and me and the rest of America's Main Street investors are outgunned and outsmarted in this game. We can't even speak their language, and what they do is cloaked in secrecy. And the odds against us are getting worse every year! So thanks to the new behavioral finance quants, Wall Street is more powerful than ever!

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Craigslist thumbs nose at Wall Street

Tue, 12 Dec 2006 11:23:05 -0800

MarketWatch - By Bambi Francisco - Dec. 12 (Special Report) - True-believers might argue that a capitalist's pursuit of maximized profit is, by its nature, a noble one, and likely to create benefits for the greater social good. Unfortunately, today, the pursuits of personal, financial rewards and broader, societal betterment are too often mutually exclusive. The reason, perhaps, is that man is inclined to pursue money -- subconsciously or not -- rather than what is virtuous and just. That's why the decision by Craig Newmark, Craigslist founder and ace customer service representative, and the San Francisco classified company's president, Jim Buckmaster, to focus less on profit maximization and more on serving their customers is so incredibly refreshing.

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