Charles Schwab: Obama Economic Inaction Harms Elderly – USA Today  “The Obama administration’s lack of a growth policy isn’t just hurting the millions of Americans who are out of work. It’s clobbering retirees. If you’re in retirement — and there are 40 million Americans who are — you should be fuming that all your hard work and careful planning have come to this. Unless we get our economy back to normal growth with more people employed, it will remain easy to count our savings income. It will be zero. Seniors need to support the presidential candidate who can best assure us of a fast return to normal economic growth.”

Pension Envy: Who Has More—Obama or Romney? – CNBC   The answer may surprise you!  “Romney only served one term as governor of the Bay State and did not take a salary, so he is eligible for nothing. So while Romney appears headed for a happier retirement financially, he’ll be footing his own bill — unless, of course, he wins next month. In that case, his nest egg will be even that much bigger than Obama’s.”

Iran: How Long Can Debt-Laden US Remain World Power? -  Jerusalem Post  “Ahmadinejad says US influence in world affairs waning due to massive debt and loss of legitimacy, adds West increasingly questioning legitimacy of ‘Zionist regime’, hints EU hurt more by sanctions than Iran.”

The Next Euro Storm Is in Italy – MarketWatch  “One thing should have been learned for certain during the almost three years the euro has been in crisis. While the markets are getting worked up over one issue, the real trouble is usually brewing somewhere else. But the next storm will be in Italy. Why? Because the People for Freedom party of former Prime Minister Silvio Berlusconi is taking an increasingly strident anti-euro position. If it goes into next year’s elections campaigning against the single currency, it could cause a meltdown in the financial markets.”

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