Tom Blumer

Deficit Reduction: Far Less Than Meets the Eye

Congressional budget talks may be winding their way to a narrow agreement on 2014 spending levels, but before the results of those negotiations are announced, there are a couple of reasons to reopen the books on fiscal 2013. When the Obama administration issued its final...

Is GM Steering Toward Another Subprime Loan Crisis?

In late September, the U.S. Treasury filed its final trading plan to rid itself of its holdings of General Motors (NYSE: GM) stock, signaling the imminent end of one of the most controversial chapters in U.S. corporate history. The Treasury Department estimates that its...

Why Divorce Attorneys Will Love Obamacare

Someone in the White House thinks marriage is a bad idea. Earlier this year, TFT showed that a high-earning couple, each with incomes of $400,000, would save about $27,000 annually if they divorced and filed their taxes separately.  Now we learn that the Affordable...