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Articles Archive for November 2013

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[29 Nov 2013 | One Comment | ]

The most frequent question we get lately is “what happens to long-term interest rates when quantitative easing ends?” Many analysts argue that the Federal Reserve is buying and holding a huge share of Treasury debt and once QE ends other buyers will suddenly have to absorb more. This will cause interest rates to soar, bust the housing market, undermine stocks, and possibly cause a recession.
 

 
We disagree with this analysis in major ways. To respond, we crafted some charts which you will be able to find on our blog, here. In …

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[29 Nov 2013 | No Comment | ]

USA Today reports:Brick-and-mortar retailers and online sellers are using the holiday shopping season to step up their lobbying on a bill that would expand collection of billions of dollars in state sales taxes.So if you order something online or from …

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[29 Nov 2013 | Comments Off | ]

Liquor Store to Host Pop-Up Craft Fair

Urban Folk Circuit will bring between 10 and 15 artisans to Fischman’s Liquors on Saturday.

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[29 Nov 2013 | Comments Off | ]

Ald. Moreno Calls on Residents to Vote in 'Inaugural 1st Ward Awards'

Eleven awards will be handed out for everything from “Best Restaurant” to “Best School.”

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[29 Nov 2013 | No Comment | ]

Bloomberg reports:

Twenty years ago, half the 12 largest U.S. municipalities had a Republican mayor. When Bill de Blasio takes office in New York on Jan. 1, none will.

As middle-class residents moved out of cities and immigrants and young people replaced them, the party lost its grip on population centers even as it increased control of governor’s offices and legislatures. The polarization has pitted urban interests against rural areas and suburbs, denying Republicans a power base.

An interesting article.

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[29 Nov 2013 | No Comment | ]

Fox News reports:

A month after emerging from a government shutdown at the top of their game, many Democrats in Congress newly worried about the party’s re-election prospects are for the first time distancing themselves from President Barack Obama after the disastrous rollout of his health care overhaul.

At issue, said several Obama allies, is a loss of trust in the president after only 106,000 people — instead of an anticipated half million — were able to buy insurance coverage the first month of the new “Obamacare” web sites. In addition, some 4.2 million Americans received notices from insurers that policies Obama had promised they could keep were being canceled.

“Folks are now, I think in talking to members, more cautious with regard to dealing with the president,” said Maryland Rep. Elijah Cummings, the senior Democrat on the House Oversight Committee and one of the first leaders in his state to endorse Obama’s presidential candidacy six year ago.

What politician from Cook County isn’t a liar or in jail????