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Posts Tagged ‘Susan Rice’

2012/11/27: Quick Post: Weekly Calendar and Weak Macro View

November 27, 2012 Leave a comment

© 2012 ROHR International, Inc. All International rights reserved.

The weekly Report & Event Calendar is available through the link in the right hand column. The Summary Perspective will available soon. Yet there is also an interesting anomaly in the fundamental influences. And it is not just the strongish US economic data versus the trepidation over the potential plunge off the Fiscal Cliff… there is also the negative outlook into next year.

Some would like to believe that the US election settled enough ‘uncertainty’ to encourage an economic revival on the back of clearer parameters. In fact, nothing could be further from the truth, as the pending legislation enactment (Obamacare in particular along with tax increases) and regulation acceleration (EPA takes on anything exuding carbon) in the US is going to be daunting for business. Wait until Obamacare foments the major cancellation of group healthcare plans at myriad small and mid-sized employers.

It’s good old Nanny State Taxulationism1 finally run amok, as the President and his cohorts distract the opposition with even more outrageous proposals to distract them from unwinding what’s already the law of the land. The questionable nomination of UN Ambassador Susan Rice for Secretary of State after her misguided or purposely misleading statements on the Benghazi tragedy comes to mind.

1Taxulationism © 2010 Alan Rohrbach & Jack Bouroudjian. All rights reserved unless explicitly waived

Def.: Combined impact of taxation, regulation and protectionism to an oppressive degree as official policy   

And the degree to which 2013 is going to be a tough year has not escaped the watchful eye of the better macro-economic observers…

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2012/11/16: The Petraeus Predicament and bye-bye Ho-Ho’s

November 16, 2012 Leave a comment

© 2012 ROHR International, Inc. All International rights reserved.

Let’s begin by allowing that some might wonder what the liquidation of Hostess Brands and today’s Congressional testimony on the Benghazi tragedy from General David Petraeus have to do with the markets? While the near term effect will likely be very transitory (if indeed there is any at all), they each provide interesting insights and might exert some influence on American politics and economics. It is especially the case right now that the former might have a very significant influence on the latter.

Maybe this all seems more important because it is a slow economic data day. An spite of that we will also have more to say about the state of the markets at the end of this post as well.

To begin, General Petraeus’ fall is a tragedy of Shakespearian proportions. A true American hero whose commitment to public service even at high personal physical and political risk was a model for others. And yet, feet of clay leave him embarrassed and dismissed from high public office. Not the first, but surely one of the most poignant examples of this. And as most readers who have followed the multiple threads of the Benghazi consulate attack are aware, there is at least one aspect which is now very interesting to all concerned: to what degree did his desire to keep his personal problem under wraps affect his performance as CIA chief during and in the immediate aftermath of that attack?

Conspiracy theories abound…

 

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