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The candidate Romney undermined by the money

This was winter 2011. Your servant Karen Millen Outlet attending a party organized by the financial agency Thomson Reuters, which were invited a dozen leaders of banks, hedge funds and private equity (private equity funds). Following urban debates, Karen Millen Dresses the organizer asked everyone who had voted in 2008 and who was his favorite for the presidential election of 2012. Most, four years ago, chose John McCain and three had voted for Barack Obama, one abstained. As for the future, all with one exception, are voted for Mitt Romney, who at the time was far from getting the Republican nomination. A true plebiscite. One of http://www.karenmillenonline-uk.com these already indicated he collected funds for it. The man appeared to be the darling of business: Finally a politician who, once in power, understand their business, its glory, its requirements and hassle. THE PAST THE Republican candidate PUNCHING BALL That time seems far away. 20 and 21 September was held in New York the annual conference of analysts private equity investment. Two bloggers tell the Wall Street Journal Karen Millen Dress that elephant named Romney has consistently hovered over the proceedings. Because his candidacy has transformed the Republican candidate spent punching bag, the entire profession now feels singled out. I'm glad Romney is from Bain Capital and Goldman Sachs no, joked Richard Friedman ago, top executive of the bank. Bain Capital is the former private equity fund managed by Mr. Romney and where he kept interest. Some did try to defend their former colleague, in particular about its ethical citizen undermined by its investments abroad. But even a Marc Leder remained cautious. The co-founder of Sun Capital fund is a financial history of the campaigns of Mr. Romney for twelve years. It was Karen Millen Sale he who organized the famous have dinner $ 50 000 cover Florida, May 17, where Mitt has claimed all the evil he thought the 47% of Americans who do not pay imp? t on income. At a conference in New York, Mr. Leder has refused to dwell, but his comment - All Americans should have the means to succeed - sounded like a distancing. Following the conference the chain does CNBC financial, columnist Rick Santelli attacked the New York attorney, Eric Schneiderman, who has several investment funds to attempt to defraud the IRS. They would mask their commissions per? Ues for effective work under the guise of capital gains, Prom dresses much less taxed. Among the Sun Capital funds suspected appears, that the same Marc Leder, the financial policy of Mr. Romney. So, Mr. Santelli noted that the Democrats now known financial bankruptcy are not even pursued by the prosecutor. Hence his suspicion: the president-candidate Obama he would use the state apparatus against the adversary? The attack fell flat. Because, in fact, that these funds are cheating or not, that Mr. Obama seeks to profit or not for these great financiers, the key is not there. The bottom line is that becoming and maintaining candidate blur on its earnings, its investments and its imp? Ts, Mr. Romney has suddenly put the spotlight on a corporation. It was not at all what its members had hoped. THE MICROSCOPE IS OUR HEAD Moreover, a roundtable was titled Romney's candidacy: why private equity will never be the same ... The microscope is over our heads, and we can no longer pretend that nobody knew about the existence of our profession, said Steven Klinsky, New Mountain Capital. Most of them stressed that the past became the present if the candidate now requires more transparency. Basically, conclude two bloggers Journal, among those people who live happy hidden true desire is that this election is finally finished! Because, regardless of the winner, all appear bruised. In a recent load entitled It's time to do something always in the Wall Street Journal columnist Peggy Noonan, former speech writer for Ronald Reagan, accuses Mitt Romney and his family - including incompetence - not to have understood the role of money in politics to a point a little crazy. Because it is the nerve of the battle, the money can not be neither the brain nor the arm. However, she considers in essence, Mr. Romney and his family have campaigned as if they lan? Have to attack a business, mainly directed to those who resemble them, Karen Millen Dress disdaining to go to the people. We are a great nation, and complicated, she enrages. We are living beings. People. We have souls. We are complex. We are not numbers and data. Result, while the Obama team, less fortunate, both spent and to widen the gap, confidence in the future, as Mr. Romney boasted hoard to crush the enemy in time of advertising. This time, Ms. Noonan fear, may never happen. Because the money goes to winners, not the losers. Romney would d? be well placed to know. Or, spear, furious, the famous conservative analyst, here at Heart of Darkness where he sank Romney sees the unthinkable: A Republican defeat in a year when a Republican candidate could hardly lose.

3% deficit yes, prom dresses but why 2013?

In announce? Ing a bludgeoning Karen Millen Outlet exceptional tax to keep France's European commitments in the budget, Fran? Ois Hollande has raised a great debate. Patriotism and taxation, public finance and growth - all topics Essay certificated me season Science Po The heated discussions Karen Millen Dresses that followed the intervention of the president on Sunday, September 9 TF1 are interesting. As well as the more exotic, caused by the sudden attraction to the Belgian climate of any captain of industry. They have a defect: they are, broadly, heart tee plate. Mr. Holland is true to his campaign promises and http://www.karenmillenonline-uk.com words of Paris towards its partners in the euro area. It intends to maintain this commitment: to reduce the budget deficit to 3% of gross domestic product in 2013. To do this, he announced 10 billion savings in state expenditures and 20 billion imp? Additional ts. Can challenge the distribution of effort. It is Karen Millen Dress regrettable that the packaging, despite what the president leaves the painful feeling of a left that do not, or not enough, companies and entrepreneurs. But Mr. Holland is no prom dresses shortage of good arguments to cling to the 3% cap. He reassured the markets that underwrite loans more readily State fran ais. Paris has rarely sold his debt to such good conditions today - which helps, day after day, to restore its finances. By sticking to these 3%, one of the rules of functioning of the euro, France strengthens the credibility of the single currency at a time when she needs it. The State shall endeavor finally released a heavy debt cycle - largely caused by the deterioration of its trade balance - which is in itself a factor slowdown. The case is solid. Doubt karen millen dress that markets penalize France if it changed course. But Mr. Holland - the champion of growth - was arrested on his way. E it t took a second part to the presentation, as he learns to Science Po e t had addressed this question to our partners in the Eurozone: Why 3% in 2013, precisely? The real debate is less about this case French? Comfortable - the distribution of the fiscal effort - on the timing that set themselves Europeans. In periods of low activity, fiscal austerity may fill a little more growth - and therefore tax revenue, so the debt. Hence the idea put forward by many economists, and included in the future treaty EU budget, adjust the deficit targets to economic fluctuations. This is the notion of deficit structural. Adjusted deficit under the embroidered with the Commission, karen millen sale depending on the state of growth. What is engraved in stone, the return to equilibrium, the variable, the deadline. Queen deficit, France is not best placed to defend the structural deficit. But because Mr. Holland deserved pr t risk.

United States: karen millen dresses all profits coming from Fannie Mae and Freddie Mac will go to the State

The U.S. Treasury Department Karen Millen Outlet presented Friday, August 17, amending its draft plan to dismantle organizations refinancing mortgages Fannie Mae and Freddie Mac, under which the state will recover all of their future earnings. The ministry says Karen Millen Dresses it has signed an agreement with the Federal Housing Finance (FHFA), the agency that supervises Fannie Mae and Freddie Mac, since these two companies were nationalized in September 2008 to prevent them not collapse under the weight of their commitments. This agreement, http://www.karenmillenonline-uk.com the Treasury wrote, will accelerate the collapse of Fannie Mae and Freddie Mac, and ensure that every dollar of earnings for each of these companies is used for taxpayers. It will also help ensure the flow of mortgage loans during the transition to a new model of housing finance. HOUSING FINANCE REFORM The Treasury in February 2011 signed the death warrant of Fannie Mae and Karen Millen Dress Freddie Mac by presenting three options for reform of the U.S. model of housing finance. All provide a dismantling futures of both groups, but neither the government nor Congress have made any progress in carrying out this reform. The agreement signed between FHFA and karen millen dresses the Treasury modifies the current system, forcing Fannie Mae and Freddie Mac to pay an annual dividend of 10% to the State to pay preferred stock which it has because of some 180 billion of dollars it injected into the capital of both enterprises. Even as Fannie Mae and Freddie Mac have returned to profitability since the beginning of the year, this provision could create an endless spiral leading them to continue to draw on the credit line, unlimited until the end of year, granted to them by the state, and this solely in order to be able to ensure the payment of this dividend. Fannie Mae and Freddie Mac announced karen millen outlet it ten days ago have returned to the State $ 45.7 billion in dividends since 2008. Puncture BENEFITS AT SOURCE Now, the state will therefore try to get the refund of money that was injected into two groups by directly reducing the benefits to the source. The two companies will still continue to count on his support in times of hardship. The agreement announced Friday should also accelerate the reduction prom dresses of the investment portfolio of Fannie Mae and Freddie Mac - that is to say they buy loans to credit agencies to enable them to fund other . He states that this relief will be at a rate of 15% per year instead of 10% forecast previously, in order to bring this portfolio of $ 650 billion at the end of the year to 250 billion in 2018.