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Author Archives: Jim Sutliff
Super Committee Deadlocked –
The Super Committee remained deadlocked on Saturday as Republicans and Democrats could not agree on a compromise. Budget savings of $1.2 trillion are required by midnight on Wednesday. If an agreement is not reached by the deadline it could send … Continue reading
Posted in Administrative, Budget, Congress, DC, Democrat, Economy, Election, General, Politics, Presidential, Regulatory, Republican, Treasury
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Debt Super Committee –
The debt super committee has 10 days left before the November 23rd deadline. The 12 member committee comprised of six Democrats and six Republicans must come to an agreement by the deadline or automatic spending cuts will take effect. In addition, inaction … Continue reading
Posted in Administrative, Budget, Democrat, Economy, Estate Tax, General, Healthcare, Infrastructure, Politics, Republican, Tax, Uncategorized
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Virginia State Senate Shifts To GOP –
The GOP needed to pick up two seats in the Virginia State Senate to gain control and they may have succeeded. Republicans picked up one race and are ahead by 86 votes in another contest. Republican control of the State Senate would move … Continue reading
Posted in 2012, Administrative, Congress, Democrat, Election, General, Politics, Presidential, Redistricting, Republican
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Nevada Moves Caucus –
The Nevada Republican party moved their caucus to February 4th. The Nevada GOP had scheduled a January 14th date for the caucus but that would have forced New Hampshire to hold a primary in December. Nevada will still be the … Continue reading
Posted in 2012, Administrative, Democrat, Election, General, Politics, Presidential, Republican, RNC, Uncategorized
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S & P Downgrades Spain; Barcelona –
Standard & Poor’s cut the debt rating for Barcelona to AA- with a negative outlook. The downgrade was expected after Standard & Poor’s cut the sovereign debt rating for Spain. Debt for Spain and Barcelona can expect another downgrade if economic conditions do … Continue reading
Posted in Administrative, Budget, Business, Economy, General, International, Uncategorized
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Senate To Vote On Currency Bill –
The Senate voted 63-35 in support of the currency bill. The currency bill was supported by Republican and Democratic Senators and is hoped to address the trade imbalance due to undervalued currencies. Although the Senate supported the measure, the House … Continue reading
Posted in Administrative, Business, Democrat, Economy, General, International, Regulatory, Republican, Trade
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Sarah Palin Will Not Run –
On Wednesday, Sarah Palin anounced that she will not seek the Republican nomination in 2012. New Jersey Republican Governor Chris Christie also announced this week that he would not run for President. The Republican field is taking shape and fundraising is … Continue reading
Posted in 2012, Election, Fundraising, General, Politics, Presidential, Republican
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Currency Legislation –
Democratic Senator Harry Reid has indicated that he will introduce legislation relating to undervalued currencies. The measure will address the effect that undervalued currencies have on trade. The Chinese Yuan is one currency that is considered to be undervalued and acting as a subsidy to … Continue reading
Posted in Administrative, Budget, Business, Democrat, Economy, General, International, Regulatory, Republican, Trade
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Florida GOP Debate –
Republican Presidential candidates squared off last night in their third debate in less than a month. Social security and immigration were two of the main issues discussed in the debate. Most of the action was between frontrunner Rick Perry and … Continue reading
Posted in 2012, Debate, Democrat, Election, Fundraising, General, Politics, Presidential, Republican
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Tea Party Debate –
On Monday, eight Republican Presidential candidates squared off in the CNN/Tea Party Debate. The Tea Party debate took place in Florida which is expected to be a heated primary race. Perry maintained his frontunner status with Romney and Bachmann questioning his … Continue reading
Posted in 2012, Debate, Election, Fundraising, General, Politics, Presidential, Republican
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Reagan Debate: Perry & Romney –
The debate at the Ronald Reagan Presidential Library took shape as a showdown between Rick Perry and Mitt Romney. Perry had taken the frontrunner status from Romney and perfomed well in his first Presidential debate. There will be two more … Continue reading
Posted in 2012, DC, Debate, Democrat, Election, General, Politics, Presidential, Republican
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Ten Year Treasury Yields Drop –
The yield on a ten year Treasury fell to an all-time low in trading on Tuesday. The European debt crisis and a slow US economy drove investors to the safety of Treasuries. European stocks fell on Monday and US stocks declined in trading … Continue reading
Posted in Business, Economy, Federal Reserve, General, Regulatory, Treasury
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Washington Monument Closed For Repairs –
The Washington Monument has been closed to repair damage from the earthquake. The 5.8 magnitude earthquake also caused damage at the Washington Cathedral which has also been closed. Engineers are studying the damage at the Washington Monument and there is not … Continue reading
Posted in Administrative, DC, General
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Fitch Rates US Debt AAA –
On Tuesday, Fitch Ratings announced that they were keeping U.S. debt at a AAA rating. In addition, the outlook was kept at stable. Moody’s has U.S. debt rated AAA with a negative outlook. Fitch Ratings indicated that the outlook could change to negative if Congress … Continue reading
Posted in Administrative, Budget, Business, Economy, Federal Reserve, General, Treasury
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Rick Perry Set To Declare –
A spokesman for Texas Governor Rick Perry has indicated that Perry will run for President. The Republican is expected to announce his candidacy on Saturday. Rick Perry has a strong record as Governor and proven fundraising skills. Perry will be a top … Continue reading
Posted in 2012, Election, Fundraising, General, Governor, Politics, Presidential, Republican
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