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US law and demographics

Deporting illegal immigrants

Gov't sign discouraging illegal immigration to US

A ball park estimate of the cost of deporting illegal immigrants from the US would be somewhere north of $200 billion dollars — in the first year.

However, the presumed economic advantages of mass deportation seem illusive, while the political disadvantages to whatever Party were to try to enforce mass deportation, seem immense, even suicidal.

The solution to the US illegal immigration problem is an issue fraught with unintended political and economic consequences for all involved.

Featured articles on inside pages

Stock buybacks

Buybacks + options + hedge funds

Stock buyback programs are a legalized form of market manipulation, sanctioned under SEC Rule 10b-18 and that serve to drive up the price of a company's stock and to give false value to executive stock options.
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Securities Analysis

How inflation impacts EPS and PE ratios.

The Obama administration and Congress are laying foundations for high inflation. US equity investors should consider the effect of a rapidly devaluating currency on EPS and PE ratios. More ...

US Politics

What is the future of private pension plans?

Between 1999 and 2002, US private pension funds lost US$ 1.2 trillion in value. It would almost seem that pension fund managers had been speculating with retirement money, attempting to beat each others' short-term performance statistics, with little interest in safeguarding the assets of plan beneficiaries. More ...

US equities

The productivity vs. population debate

The 'Baby Boomer Bomb' refers to the expected effect of the retirement of the Baby Boomer generation on capital markets, particularly equities. Two proposed 'solutions' to the problem are examined: Boomers being 'saved' by productivity and technology; and, alternatively, by selling their financial assets to the next generation..
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US Bonds

Bond demand exceeds supply for a decade

Over the decade, 1995-2004, the demand for US bonds of all types has surpassed new bond issues in eight of the last ten years. This is the reason that bond prices have held firm, even in 2003, when net new issues reached almost $1.8 trillion. More ...

World Economy

Signs of US losing its groove?

Thirty years ago, US income from abroad was more than double the amount of income that the US paid to the rest of the world. This year, or the next, this foreign income surplus may disappear forever. Is the US 'losing its groove'? More ...

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2010-12-10 16:01