Implode-Explode Heavy Industries news feed http://implode-explode.com/ Tracking the many faces of the global credit implosion. en-us iehi-feed-63203 Thu, 26 Oct 2017 00:57:03 GMT Well Played - The Republican Tax Cut Strategy | Mandelman Matters http://implode-explode.com/viewnews/2017-10-25_WellPlayedTheRepublicanTaxCutStrategyMandelmanMatters.html ... perhaps even more important was the passage of "reconciliation instructions" that makes a future tax bill filibuster-proof... a final tax cut bill will now only need 51 votes to pass as opposed to 60, and that means it could be passed by Republicans alone.

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The Senate's plan calls for $473 billion in cuts from Medicare over 10 years and more than $1 trillion from Medicaid, which shouldn't be making anyone happy. However, according to a Congressional Budget Office estimate, the bill will also cut spending by more than $5 trillion over the next 10 years, although details are missing.

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With the mid-term elections now only a year away, Republicans are clearly desperate. Having failed in their efforts to repeal and replace the Affordable Care Act, aka Obamacare, and with no other legislative accomplishments to speak of, they are understandably worried about losing the majority in the House of Representatives next fall.

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My point here is that when Republicans were trying to repeal Obamacare, voters made their voices heard, and both attempts failed as a result. This time around, we shouldn't expect the GOP to make the same mistakes they made last time around. In fact, we should expect Republicans to make almost any deal if doing so will make the bill pass.

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iehi-feed-55908 Tue, 20 Jan 2015 14:02:48 GMT Swiss Franc Wiped Out Everest's Main Fund http://implode-explode.com/viewnews/2015-01-20_SwissFrancWipedOutEverestsMainFund.html iehi-feed-55604 Sun, 07 Dec 2014 14:20:50 GMT Ukraine's electricity crisis deepens as a plan to import South African coal collapses http://implode-explode.com/viewnews/2014-12-07_UkraineselectricitycrisisdeepensasaplantoimportSouthAfricancoalc.html iehi-feed-53018 Wed, 01 Jan 2014 18:36:51 GMT New Year's Eve Gold Rush At Shanghai Shopping Mall http://implode-explode.com/viewnews/2014-01-01_NewYearsEveGoldRushAtShanghaiShoppingMall.html iehi-feed-50208 Mon, 11 Mar 2013 13:02:16 GMT Gold Bears, Beware! Don't Take On Central Banks http://implode-explode.com/viewnews/2013-03-11_GoldBearsBewareDontTakeOnCentralBanks.html iehi-feed-50106 Wed, 27 Feb 2013 16:10:41 GMT New Stream Hedge Fund Executives Charged with Criminal Fraud http://implode-explode.com/viewnews/2013-02-27_NewStreamHedgeFundExecutivesChargedwithCriminalFraud.html iehi-feed-47540 Sun, 16 Sep 2012 19:34:40 GMT I Don't Hang Up On Bill Collectors, They Hang Up On Me! http://implode-explode.com/viewnews/2012-09-16_IDontHangUpOnBillCollectorsTheyHangUpOnMe.html iehi-feed-47516 Sat, 15 Sep 2012 16:56:12 GMT Wells Fargo Retracts Help For Dying Woman, Plans To Foreclose 6 Days Before X-mas http://implode-explode.com/viewnews/2012-09-15_WellsFargoRetractsHelpForDyingWomanPlansToForeclose6DaysBeforeXm.html iehi-feed-47491 Fri, 14 Sep 2012 17:16:18 GMT Is Wells Fargo Run By The Catty Ladies From TV's Dynasty? http://implode-explode.com/viewnews/2012-09-14_IsWellsFargoRunByTheCattyLadiesFromTVsDynasty.html iehi-feed-47404 Wed, 12 Sep 2012 18:13:00 GMT Dead Homeowners Are Like Dead Interns, They Haunt Politicians On Election Day http://implode-explode.com/viewnews/2012-09-12_DeadHomeownersAreLikeDeadInternsTheyHauntPoliticiansOnElectionDa.html iehi-feed-47371 Tue, 11 Sep 2012 19:12:34 GMT FDIC Sues Banks and Depositors Over MBS Fraud http://implode-explode.com/viewnews/2012-09-11_FDICSuesBanksandDepositorsOverMBSFraud.html iehi-feed-47341 Tue, 11 Sep 2012 04:50:24 GMT Did Romney Finance Chair Advise Clients To Steal Money From School Children? http://implode-explode.com/viewnews/2012-09-11_DidRomneyFinanceChairAdviseClientsToStealMoneyFromSchoolChildren.html iehi-feed-47297 Mon, 10 Sep 2012 00:48:13 GMT MFI-Miami Client Spanks Linda Orlans, Scores Free House From Fannie Mae http://implode-explode.com/viewnews/2012-09-09_MFIMiamiClientSpanksLindaOrlansScoresFreeHouseFromFannieMae.html iehi-feed-46482 Tue, 14 Aug 2012 13:03:25 GMT Markets rally on upside German growth surprise http://implode-explode.com/viewnews/2012-08-14_MarketsrallyonupsideGermangrowthsurprise.html Stronger-than-anticipated economic growth in Germany has helped shore up markets Tuesday even though Europe's economy as a whole appears headed for recession.

Investors breathed a sigh of relief on the news that Germany, Europe's biggest economy, posted 0.3 percent growth in the second quarter. The consensus in the markets was for a lower figure, with some analysts predicting a flat reading.

A better rounding error than expected! Any excuse to rally...

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iehi-feed-20193 Tue, 11 Aug 2009 23:16:10 GMT Atticus Global - Implosion http://hf-implode.com/imploded/fund_AtticusFunds_2008-09-04.html iehi-feed-17871 Thu, 14 May 2009 21:07:48 GMT Austin Capital Management - Safe Harbor Fund http://hf-implode.com/imploded/fund_AustinCapitalManagement-SafeHarborFund_2009-05-13.html iehi-feed-17711 Sun, 10 May 2009 13:44:40 GMT Satellite Asset Management http://hf-implode.com/imploded/fund_SatelliteAssetManagement_2009-05-08.html iehi-feed-17345 Mon, 27 Apr 2009 14:09:10 GMT Perot family fund, Parkcentral Global Hub, imploded http://hf-implode.com/imploded/fund_ParkcentralGlobalHub_2009-04-26.html iehi-feed-16320 Fri, 20 Mar 2009 13:55:38 GMT Weavering Capital's Flagship Fund Goes http://hf-implode.com/imploded/fund_WeaveringCapital-MacroFixedIncomeFund_2009-03-20.html iehi-feed-15542 Sat, 21 Feb 2009 00:46:09 GMT Hedge Implode: Highland CDO Opportunity Fund LP http://hf-implode.com/imploded/fund_HighlandCapitalManagement_2009-02-20.html