Category Economy

Part 2: What Deal Was Struck to Avoid the Fiscal Cliff?

In Part 2 of today’s mini-series on the Fiscal Cliff brouhaha, TheLeftyWolfe is here to explain the deal that was just agreed to late last night on Capitol Hill.  In a somewhat surprising turn of events (given the last two years of partisan bickering), both the Senate and House were able to pass a measure […]

Part 1: What is the Fiscal Cliff?

For what seemed like an eternity, members of Congress, along with our newly re-elected President, have been squabbling over how best to deal with the Fiscal Cliff mess that they created themselves.  Yep, you read that correctly.  All of this banter and arguing over the dreaded Fiscal Cliff was entirely the doing of the House […]

Longest-Serving U.S. Senator Dies, Black Senator-To-Be Makes History

Today’s stories are focused squarely on news from the U.S. Senate…read on! 1. Senator Daniel Inouye of Hawaii Dies – While most of you likely do not know this name, this Democratic senator from the Aloha state was, until his death yesterday, the longest-serving Senator currently in office (and 2nd all-time only to the deceased Sen. […]

The Fiscal Cliff Mess: A Look at the Competing Bills from Democrats and Republicans

Here at TheLeftyWolfe, we are getting REALLY tired of the never-ending talk in the media concerning the approaching fiscal cliff.  All the reporters and political instigators are speaking of this coming moment as if it will be the end of the U.S. as we know it (should the fiscal cliff measures go into full force).  This […]

Washington’s Self-Imposed Fiscal Cliff: Will Lawmakers Work Together to Prevent Catastrophe?

Back from a long holiday weekend of indulgence in SC, TheLeftyWolfe is now in full swing and ready to report on today’s trending topics.  For this post, I’ll focus on all the talk of the nearly-here fiscal cliff situation that has newspapers and online sites buzzing.  Read on! First…what is the fiscal cliff? – If you […]

Non-Partisan Tax Center: Romney Plan Raises Middle-Class Taxes, Lowers Taxes for Wealthy

“A small nonpartisan research center operated by professed “geeks” has found itself at the center of a rancorous $5 trillion debate between President Obama and Mitt Romney. No white paper or policy manifesto put out during the presidential campaign has proved more controversial than an August study by the Washington-based Tax Policy Center, a respected […]

Housing Market Sees 15% Increase in Construction Starts for September

Today’s Quick Click for your viewing pleasure… In what can only be described as FANTASTIC news, the American housing industry is seeing remarkable growth after years of sliding prices and falling home ownership rates. “U.S. builders started construction on single-family homes and apartments in September at the fastest rate since July 2008, a further indication […]