Aug 14, 2012, 7:00 am EDT
OK, apologies for the hypey headline … but there’s been too much nonsense lately about who “owns” America, and whether or not we plucky patriots have enough piss and vinegar to take back our own country.
The bottom line is that we should be thrilled that foreign investors “own” us. Not just because global investment is not a simple zero-sum game of borrower and lender — but because the alternative is mighty ugly.
As Alhambra Investment Partners puts it in “Things We Think We Know,” capital is leaving China and searching for safer environs. That America remains the safest place to invest right now speaks a wealth about our economic might — and the importance of us keeping an economy this attractive to foreign capital. Read
Aug 13, 2012, 11:44 am EDT
Among politicians, political reporters, and other Washington insiders, Wisconsin Rep. and Republican vice presidential nominee Paul Ryan is fairly well known. For many in the general public, though, this is the first time they have heard in-depth discussion about Romney’s running mate. Here are ten interesting facts about the rising Republican star.
In high school, he worked at McDonald’s
However, his manager believed he didn’t have the social skills to work the front counter, so he was stuck working the grill. It’s been a long trip from grill cook to candidate for vice president.
He also once drove the Oscar Mayer Weinermobile
While in college, Ryan had a sales job with the famous hot dog maker. Part of his work involved driving the famous Weinermobile around. Read
Aug 13, 2012, 10:52 am EDT
So Paul Ryan is officially riding shotgun with Mitt Romney, and we can get down to the business of vetting the issues (and the ugly ads) with each party’s ticket now a lock. (Sorry Ron Paul … but I’m going out on a limb and calling the primary for Romney.)
That means a big focus on jobs and the economy, right?
Well, maybe not. Read
Aug 11, 2012, 5:41 pm EDT
Months of speculation and waiting came to a close this morning in Norfolk, Va., when Republican presidential nominee Mitt Romney introduced Wisconsin Rep. Paul Ryan as his running mate.
Ryan had been suggested as a running mate for some time, but it wasn’t until recently that the talk grew serious. Many felt candidates like Ohio Sen. Rob Portman, former Minnesota Gov. Tim Pawlenty, or Florida Sen. Marco Rubio had a better shot at getting nominated. However, many conservative leaders had advocated on behalf of Ryan in recent weeks, and the Wall Street Journal ran an editorial on Thursday suggesting he was the best choice.
The Romney campaign indicated, however, that Ryan was offered the vice president nod on August 1, well before conservative outcry for his nomination came out. Ryan’s selection capped off a four-month vetting process by the Romney campaign. Read
Aug 10, 2012, 11:03 am EDT
Grocery stores looking to game the food stamp system, watch out. The Agriculture Department is coming for you.
The department just announced new guidelines that will impose harsher penalties on stores violating food stamp rules, as well as give states new tools to root out ineligible applicants.
The move comes as Congress wrestles with a $100 billion-a-year bill that would fund food stamps and determine other agricultural policy for the next five years. The vast majority of the bill’s money goes into food stamps. Read