Showing posts tagged obama

US Under Attack In The Middle East And At Home | Ed Butowsky (by edbutowsky)

Ed Butowsky on Fox Business 9-14-12 p2 on Flickr.Check out my appearance on Fox Business where we discuss the Middle East crisis at the US embassy.

Ed Butowsky on Fox Business 9-14-12 p2 on Flickr.

Check out my appearance on Fox Business where we discuss the Middle East crisis at the US embassy.

Could Lowering Taxes Help The Economy?

Quarter after quarter we see earnings reports, some make sense some do not. All in all they are in a language most people do not understand and they dismiss it as not relevant. That could not be further from the truth. All earnings tell a story about the company, but more importantly it tells a story about the economy and how well its doing. The lay person should not base their understanding of how the economy is doing solely on how their 401k is doing.

Why you ask are earnings so important? Corporate earnings help explain how the company is doing now but also 6-9 months from now. So its a very good indicator of how economies around the world may be doing as well.

As earnings are being reported this quarter we are starting to see the affects of the global economy and conditions take its toll on companies here in the US. Our government has tools to counter what the US economy has been going through. However, at this point in time they have used up all their tools to fix things except one possibly - lowering taxes. Its interesting why this administration lead by President Obama would not consider this tool and spare all others. Spare us from the inflation backlash that this country is going to experience when all the money being printed comes back to haunt this economy, spare us from the high unemployment we have been experiencing over the last 40+ months, and why not spare us from the low to no economic growth in this country.

It will be very interesting to see the outcome of the election and the actions after the elections. Take this brief poll..


Review the full write-up by Ed Butowsky, One Tool Left to Jumpstart Economic situation: Lower Taxes, at Fox

Lowering Taxes May Be The Only Trick Up Obama’s Sleeve To Help This Economy

Just like the way things on sites like twitter and Facebook are penned into history when you submit a status, so to are earnings reports when they are released quarter after quarter. But what are they really saying. In the current economic conditions they seem more and more less relevant because of the language used. However the reality is these earnings reports tell the entire story about a company and help investors and economist determine the true health of this economy. Without such things we would not be able to understand the direction we are going or how well your retirement funds will do - especially your 401k as an example.

The government especially pays close attention to these reports because if things are going well they have tools at their disposal to help keep the economy at a steady state, and to the contrary if the economy is not doing well they have tools to help stimulate the economy. However, at today’s stage in our economic health those tools have been used up all except for one - lowering taxes. This surely will help especially if its directed at Corporate America.

If you ask the current administration under President Obama, they feel there is still some things that can be done. The main thing they are doing right now is quantitative easing (another big term) which means print more money. This action is slowly eroding away at your purchasing power of your money, is that what we want?

Read the full article by Ed Butowsky, One Tool Left to Jumpstart Economy: Lower Taxes, at Fox Business.

Could Outsourcing Become THE Presidential Topic?

With the current state of the economy and the lackluster jobs market that exists today many eyes are turning to discuss how outsourcing could play a roll in returning the US jobs market to the heyday it once was. But what would it take for Mitt Romney or President Obama to solve this dilemma in this country.

Outsourcing Topic Good Or Bad In Election Year | Ed Butowsky (by edbutowsky)

The concept of outsourcing is not new, and has been going on since the 70s.  Why is this becoming a hot topic relative to the presidential election.

Outsourcing - An Election Topic Up For Debate

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What is perceptions vs reality when discussing outsourcing particularly during this election year. Why hasn’t this topic been more of a focal point in recent years? Ed Butowsky, wealth manager, financial advisor, and managing partner of Chapwood Investment Management, joins CCTV to examine the reality vs perception of outsourcing and what has kept this topic under the radar.

Ed Butowsky is the managing partner of Chapwood Investment Management and is an internationally recognized expert in the investment wealth management industry. Ed is also a frequent guest on other networks such as CNN, NBC, ABC, Fox News, Fox Business, and Bloomberg to name a few.
 
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Pres Obama - If You’ve Got A Business Someone Else Made That Happen

President Obama said if you have a successful business you had a lot of help and you should pay more taxes. His comments were certainly not taken lightly by Ed Butowsky who built a successful business. Ed Butowsky, wealth manager, financial advisor, and managing partner of Chapwood Investment Management, joins Fox Business’ Varney & Company to examine the comments made by President Obama about businesses in America.


Ed Butowsky is the managing partner of Chapwood Investment Management and is an internationally recognized expert in the investment wealth management industry. Ed is also a frequent guest on other networks such as CNN, NBC, ABC, Fox News, Fox Business, and Bloomberg to name a few.
 

Paying Your Fair Share Of Taxes

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Most of Hollywood is in President Obama’s camp, but not former Saturday Night Live star Jon Lovitz. In a recent media recording he rants about his tax burden with Hollywood director Kevin Smith.

Jon Lovitz: If I make a dollar, and out of every dollar, I’m taxed 50, half of 50 cents, I have to give ins’t that like enough?

Kevin Smith: Yes

Jon Lovitz: So for every dollar you make, two dollars, you have to give a dollar back. No, that’s not right. Your not paying enough. It’s Half!

Kevin Smith: Yeah, yeah I got you, I feel you. I pay…

Jon Lovitz: Half! And then they go, ‘well all the rich people have all these deductions.’ Well everyone in this room has the same deductions. You just didn’t know, learn about it. You hae the exact same deductions. Do you drive a car? Did you take it to work? Deducted. Do you eat lunch? Deducted.

Kevin Smith: Hey hey, stop yelling at the 99%.

Jon Lovitz: It’s my club.

Kevin Smith: Yeah but don’t burn it down, man. Occupy Lovitz!

Jon Lovitz: You’re constantly thinking of ways to be creative and make money. What’s wrong with that?

Kevin Smith: Do you know why? Because the government takes half.

Jon Lovitz: That’s right and you had no money growing up, didn’t you?

Kevin Smith: None

Ed Butowsky, wealth manager, financial advisor, and managing partner of Chapwood Investment Management, joins Fox Bussiness Varney & Company to discuss how wealthy investors and clientele feel about paying half of their income to taxes.

Ed Butowsky is the managing partner of Chapwood Investment Management and is an internationally recognized expert in the investment wealth management industry. Ed is also a frequent guest on other networks such as CNN, NBC, ABC, Fox News, Fox Business, and Bloomberg to name a few.

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