Ad Majorem Dei Gloriam

Essential thinking for reading Catholics.

Wednesday, November 14, 2012

Today's News You Should Have Seen, But Haven't (11/14/12)

I'll update these as time allows today. (Updated at 2pm EST)

Unions in Spain, Portugal and Greece went on strike to protest government austerity plans amid a wide economic contraction across Europe's periphery, but questions remained about the unions' ability to influence economic policy.

If newly re-elected President Obama was hoping to float into his second term on a cloud of renewed national optimism and bipartisan goodwill, he's likely to be disappointed. The latest IBD/TIPP Poll shows that, at least as far as economic optimism is concerned, America very much remains a house divided.
When President Barack Obama meets with about a dozen business and labor executives to discuss the "fiscal cliff," not a single Wall Street e...
Congressional oversight committee members say decisions made by former NJ Gov. Jon Corzine at his firm led to missing $1.6B in customer funds, reports CNBC's Kayla Tausche.
Stocks closed poorly Tuesday, ending in the red and near their session lows. The Nasdaq lost 0.7%, while the S&P 500 and NYSE composite both shed 0.4%. Volume increased from Monday, when the Veterans Day holiday slowed trading. Each index touched a fresh low for the current correction, in a sign that the market has yet to stabilize or establish a ...
Obama will start budget talks with congressional leaders Friday by calling for $1.6 trillion in additional tax revenue in the next decade, far more than Republicans will likely accept.
Firms Warn on Cutbacks
Business Leaders Spooked
Capital: Next in Budget Drama
Higher tax rates on upper-income Americans are a central part of the White House's deficit-reduction proposal, Geithner said at the WSJ's CEO Council, because there is no way to raise enough revenue only by limiting tax breaks.
Fiscal Cliff ‘Simply Not Going to Happen’: Sen. Corker

Democrats Like Romney Idea on Income Tax
Is America on the path to welfare and government dependency, or is there a future of free market capitalism?
CNBC's Eamon Javers reports top U.S. General in Afghanistan John Allen is under investigation for emails to Petraeus' friend Jill Kelley; an...
John Schnatter, CEO of Papa John's has a problem with Obamacare -- many franchise operators are planning to cut employee hours to part-time ... 
Vernon Bogdanor, professor of government at King's College London, tells CNBC that Britain is fortunate to be outside the euro zone and Germ...


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