…a slide projector and screen and (c) a way to label and store all the images. Online music streaming: NO. I grew up with vinyl and tapes (reel-to-reel, cassettes and…

…puzzlement by the Beltway conventional wisdom. Fiscal Times reports: We’ve already seen evidence that consumers have largely shrugged off this year’s expiration of the payroll tax holiday. A new survey from…

…Dale Coberly: As I may have tediously tried to point out elsewhere, rescinding the tax holiday is not a tax raise.. it is the end of a government “stimulus” funded…

…because cities in Virginia, including Harrisonburg City, have their students in school today—a Federal holiday—but made damned certain the kids were out on Friday for [Robert E.]Lee-[Stonewall]Jackson Day. If Barack…

…numbers for Friday. And a search today gave me the results for Monday the 31st (since Tuesday was a Federal Holiday) with Total Public Debt of $16,432,730,050,569.12 . This number…

Bill McBride offers: A little holiday cheer … Discussions of the business cycle frequently focus on consumer spending (PCE: Personal consumption expenditures), but the key is to watch private domestic…

…leading up to it is rational. The next question is how we get there. But that will have to be deferred to my next post. Enjoy the Holiday. *Excess capacity…

Today’s New York Times article on rapid online repricing by holiday retailers depicts a retail world starting to approach the “flash-trading” status of financial markets: Amazon dropped its price on…

…“repatriation holiday” even though the one given in 2004 did not yield any significant new investment, but lots of dividends and stock buybacks. The new report list 10 companies with…

…offshore profits are not repatriated, or if corporations are successful in lobbying for another very-low-tax repatriation holiday), and years of deferral can convert what appear to be substantial taxes into…