Category Archives: Administrative

Spain Elections –

Posted on 21. November 2011 by Jim Sutliff

Elections in Spain signaled another shift in governments with the People’s Party winning 186 of the 350 seats.  The debt crisis is largely responsible for the results and the new government is expected to be fiscally conservative in their policy … Continue reading →

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Super Committee Deadlocked –

Posted on 19. November 2011 by Jim Sutliff

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 →

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Debt Super Committee –

Posted on 13. November 2011 by Jim Sutliff

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 | Leave a comment

Italy Set To Vote On Budget –

Posted on 11. November 2011 by Jim Sutliff

Italy is set to vote on debt reduction measures to lower their debt level and increase investor confidence.  Currently, Italy has $2.6 trillion in debt and has a bond yield near 7%.  Prime Minister Silvio Berlusconi is expected to step … Continue reading →

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Virginia State Senate Shifts To GOP –

Posted on 9. November 2011 by Jim Sutliff

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 →

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ECB Italian Bond Purchases –

Posted on 5. November 2011 by Jim Sutliff

The European Central Bank is discussing the possibility of halting Italian bond purchases.  European Central Bank officials are determining if the Italian government is following through with the changes it promised the European Union.  The bond buying program by the ECB has … Continue reading →

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Nevada Moves Caucus –

Posted on 22. October 2011 by Jim Sutliff

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 →

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S & P Downgrades Spain; Barcelona –

Posted on 18. October 2011 by Jim Sutliff

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 →

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Europe Plan Gains Support –

Posted on 16. October 2011 by Jim Sutliff

Global finance chiefs are showing support for a plan to address the European sovereign debt crisis.  A more complete plan may be presented by the October 23rd summit in Brussels. The plan is expected to include writing down as much as 50% … Continue reading →

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Senate To Vote On Currency Bill –

Posted on 11. October 2011 by Jim Sutliff

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 →

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Iowa GOP Caucus-

Posted on 9. October 2011 by Jim Sutliff

The Iowa Republican caucuses are expected to be moved to January 3rd 2012.  The date of the Iowa GOP caucus was moved after Florida set their primary date at January 31st.   The Nevada caucuses are scheduled for January 14th and the South Carolina … Continue reading →

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Moody’s Downgrades Italian Debt –

Posted on 4. October 2011 by Jim Sutliff

Moody’s downgraded Italian government debt from Aa2 to A2 with a negative outlook.  Moody’s cited the increase in long-term funding risks for Euro nations with high levels of debt.  Also, the weak global economic outlook was part of the rationale for … Continue reading →

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Florida Moves Republican Primary –

Posted on 2. October 2011 by Jim Sutliff

Florida Republicans haved moved the Republican Presidential primary to January 31st.  The move is expected to cost Florida Republicans half of their delegates.  Several other states are considering moving their Republican primaries earlier in the nominating process.  The earlier primary date … Continue reading →

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Senate Avoids Shutdown –

Posted on 28. September 2011 by Jim Sutliff

The U.S. Senate voted 79-16 in support of legislation to finance the government.  The legislation also includes $2.65 billion in disaster assistance.  The measure will finance the government through November 18th.  The House is expected to vote on the legislation on … Continue reading →

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Currency Legislation –

Posted on 27. September 2011 by Jim Sutliff

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 →

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