Conservative Economics

Advertisement

Recent Tweets

Follow capflowwatch on Twitter
Subject: Henry Waxman

Henry Arnold Waxman (born September 12, 1939) is an American politician. He has represented California’s 30th congressional district in the U.S. House of Representatives since 1975. Waxman, a Democrat, is considered to be one of the most influential liberal members of Congress. His district includes much of the western part of the city of Los Angeles, as well as West Hollywood, Santa Monica and Beverly Hills. Before his election to Congress, he served six years in the California State Assembly.
With the Democrats’ victory in the 2006 midterm elections, Waxman became chairman of the House Oversight and Government Reform Committee, the principal investigative committee of the House. He was the committee’s ranking Democrat from 1997 to 2007. In 2009, he began serving as the Chairman of the House Energy and Commerce Committee after defeating Chairman John Dingell in a 137-122 secret vote of House Democrats on November 20, 2008. (Wikipedia Jan 2010)

State finance:

Banks accept California IOUs for deposit

Emperor Norton, typical California nut-case

On July 2, 2009, the Federal Reserve announced that it was aware that the State of California was issuing its own currency to pay its bills.

This, of course, is consistent with the lack of fiscal discipline which is the hall mark of far left Californian politicians, of which Nancy Pelosi is a prime example.

California has experience with nut-case economics, having been the home of the famous Emperor Norton who issued his own currency to pay his bills in the mid-19th century.

US politics

Governor Sarah Palin waves goodbye

Sarah Palin waves goodbye

On the 4th of July weekend, former Republican Vice Presidential candidate, Sarah Palin, resigned her position as Governor of the State of Alaska. This has raised questions as to her political future.

Sarah Palin and her family have been severely, viciously, and unfairly attacked by far left ideologues who hate her and her family as a representatives of a traditional, Norman Rockwell America. Is Sarah finished? Her enemies hope so.

Post Modern Security Analysis

Moving beyond Standard & Poor’s

New Technology

Current publishers of financial statistics, like Standard & Poor’s and Moody’s, only deal with a tiny fraction of the useful data now freely available on the Internet. This article traces the historical development of 20th century financial publishers and suggests new sources and techniques available to Post Modern Security Analysts in the 21st century.

Semantic wikis, collaborative research, Capital Market Taxonomy, and free data collecting tools like Zotero are discussed.

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.
More ...

Securities Analysis

Are investors being misled?

Mutual funds are sold primarily on the basis of 'performance' measured by historical 'total return'.The famous Morningstar 'star' rating system is based on 'total return', in this case 'risk-adjusted total return' relative to funds of the same asset category.
More ...

US Politics

President Obama and the Lincoln Bible

The Crash of 2008 put Barack Obama in the Oval Office and was the culmination of two secular financial trends. Americans now have an untested, inexperienced leader, with strange radical friends and a leftist deficit spending agenda. More ...

US equities

Stock values and cash dividends wither

Wall Street ballyhoo and flim-flam to the contrary, the year 2005 closed-out half a decade of misery and pain for the average investor in US equities. Average cash dividend yields never surpassed 3.8% during the period, and most of this was consumed by taxes and management expenses of the open-end mutual funds. More ...

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

Working off the US trade deficit

Foreigners hold $16.8 trillion in US financial assets as a result of selling more goods to Americans than they buy from them. Since the 'deficit' is in dollars, the US has no problem in 'paying it off'. More ...

Custom Search

Subscribe / Follow

Subscribe via RSS Subscribe via Email

Site navigation

Capital Flow Watch has hundreds of articles on economics and investments.

Articles have excerpts on the front pages, and on tag, category, search and archive pages.


Review capital-flow-watch.net on alexa.com

» Blog Guide

Excerpts by Category

Article Calendar

September 2010
MTWTFSS
« Aug  
 12345
6789101112
13141516171819
20212223242526
27282930 

Stock Quotes

DJIA10858.14  chart +0.43%
NASDAQ2379.59  chart +0.41%
S&P 5001147.70  chart +0.49%

Ftse 1005578.44  chart +0.09%
Dax6276.09  chart -0.04%
Cac 403762.35  chart -0.10%

Nikkei 2259495.76  chart +0.00%
Hang Seng Index22109.95  chart +0.00%
Straits Times Ind3097.35  chart -0.52%

Eur To Usd1.36  chartN/A
Usd To Jpy83.91  chartN/A
Gbp To Usd1.58  chartN/A

2010-09-28 16:01