President Obama’s recent 35% tariff on Chinese tires is prompting a lot of fuss over a possible trade war. It is true that this move is drawing scrutiny from Chinese officials and free trade activists alike, however it is unlikely that a protectionist trade war will emerge from this scenario.
The market is simply not taking [...]

All the recent news seems to be about Obama’s trip to Europe, so jumping off the Obama love train, we are going to report on McCain’s recent meeting with the Dalai Lama. If you haven’t heard, McCain and the Dalai Lama meet in the US on Friday.
After McCain expressed his concerns over China’s mistreatment of [...]

The way things are going, it seems like we might have to wait until September to see a debate. Despite Obama claiming that he would debate McCain “anytime, anywhere” we still haven’t seen a single debate planned until the major September 18 debate at the Morial Convention Center.
It seems strange that the first debate is [...]

…that won’t be touched by Mitt Romney if he wins the nomination and general election for president. According to this article on how much Mitt is worth ($250 Million), he owns stock in the following companies.
Citigroup, Cisco Systems, Google, Wal-Mart and Walt Disney. He also has invested in such foreign firms as Allied Irish Banks, [...]

Recently, Hillary Clinton and Barack Obama have agreed to co-sponsor legislation aimed at making the Chinese government revalue their currency, the yuan.
A newsletter I subscribe to, Penny Sleuth, had an interesting article about the effects of this.
Here is a bit about some effects that they think would happen:
We believe tariffs benefit the select few [...]