Archive for January, 2011

New Tax Law What’s in it for YOU

In the closing days of December, President Obama capitulated (maybe) and entered into an agreement with the Republicans to pass a new tax law after 2 years of bickering. It amounts to an $858 billion cut based on the expiration of the old Bush tax rates which are now being extended through 2012. This is [...]

Is Uncle Sam Still Worthy of a Triple A Credit Rating?

Ben Bernanke & Treasury Secretary Timothy Geithner – It’s not up to them, it’s up to us. Many people believe that any potential downgrading of the United States credit rating would be years away.  I am not so sure. At the moment US Government paper is accorded the highest credit rating possible. We are Triple [...]

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