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Survey results at a glance:· Business conditions index drops below growth neutral for second time in four months.· Prices-paid index indicates excessive inflationary pressures.· Region lost jobs for the fourth time in five months.·...
Over the past decade, it has become fashionable to bash high income earners in the name of equity. For example, Omaha investor, Warren Buffet, receives high praise from big spending bureaucrats when he claims that the rich should pay higher taxes.
· Job losses for Rural Mainstreet continue at an annualized pace exceeding 5 percent.
· The Rural Mainstreet Economy has yet to rebound.
· Bankers expect 2009 crop income to be down less than livestock income.
· Over...
Since March of this year, the value of the dollar, relative to the currencies of the US’s major trading partners, has sunk by almost ten percent. This downward movement has produced the usual hyperbole from chattering political leaders. For...
U.S. Senator Majority leader Harry Reid is considering attaching a Medicare tax on workers making more than $200,000 to help fund health care reform. Reid, of course, fails to recognize that these individuals will already be paying confiscatory rates...
Last week Warren Buffet announced that his company, Berkshire Hathaway (BRK) would buy the remaining 77 percent of Burlington Northern Santa Fe Corp. (BNI) that he didn’t already own for $100 per share.
Based on the stock prices of two of BNI’s...
Europe’s recent economic performance shows how “cap and trade” will likely affect the U.S. economy if Congress passes this legislation currently before the body. In 1997, Europe adopted emission reduction goals outlined in the Kyoto carbon...