Ohio

IRS Chief Requests Not To Be Impeached Despite Admitting He Misled Congress

IRS Commissioner John Koskinen expressed "regret" to Congress on Wednesday for his agency’s past mistreatment of tea party groups, but ahead of a hearing before the House Judiciary Committee, the top IRS official said he has cooperated with congressional investigators "and does not deserve to be impeached." In his prepared remarks, Koskinen said that impeaching him would be "improper" adding that "it would create disincentives for many good people to serve."

"She's So Full Of S**t" - Lessons For Hillary: Pricey Ads, Catchy Soundbites Don't Work

Hillary Clinton has spent several times what Donald Trump has spent to air television ads in key states. That will likely continue; in a new count by Advertising Age, the Clinton campaign and its allied super PACs have booked $145.3 million in ad time between now and Election Day, to $4.4 million for Trump and his groups. The disparity has terrified some Republican strategists who fear Trump is being drowned in a tidal wave of Clinton ads. But what if it doesn't really matter?

Frontrunning: September 16

  • Deutsche Bank to fight $14 billion demand from U.S. authorities (Reuters)
  • Exxon’s Accounting Practices Are Investigated (WSJ)
  • European leaders seek elusive 'road map' after Brexit shock (Reuters)
  • Johnson Said to Tell Italy Exit Talks Likely to Start Early 2017 (BBG)
  • Brexit Bulletin: Merkel Sings the Bratislava Blues (BBG)

A New Problem For Hillary Emerges

With Trump suddenly surging in the polls, the Democrats are panicking as Hillary's lead in the RealClearPolitics average has shrunk to just 1 points. However, as the latest set of polls shows, the Donald is not the only thing Hillary's campaign has to worry about: a new threat has emerged. Or rather two.

Electile Dysfunction: From Landslide To Loser

Despite the polls, the outcome is utterly unpredictable. This was true even before Hillary Clinton's recent health issue. The reality is that polling is incapable of accurately predicting the outcome of elections like this one, where so many voters are angry, resentful, emotional, negative, and frightened.

Global Market Rout Abates As Bond Selloff Pauses, Oil Rebounds

After a sudden rout in financial markets that wiped $2 trillion in global market cap over the past week showed signs of easing, overnight stocks tried to stage another "BTFD-type" comeback with European stocks climbing for the first time in five days as oil and metals prices gained. S&P futures were modestly in green, although they faded earlier gains, on the back of a slide in the USDJPY which initially spiked to 103.31 only to fade back to the mid 102-range.

Last Chance For The "Deplorables"

I think this will be the last election if I don’t win ... because you’re going to have people flowing across the border, you’re going to have illegal immigrants coming in and they’re going to be legalized and they’re going to be able to vote, and once that all happens, you can forget it.” Politically and demographically, America is at a tipping point.

Frontrunning: September 12

  • Selloff gathers pace as stimulus pullback fears deepen (Reuters)
  • Clinton's bout of pneumonia raises worries for Democrats (Reuters)
  • Google's Self-Driving Car Project Is Losing Out to Rivals (BBG)
  • OPEC sees more oil supply from rivals, implying larger 2017 surplus (Reuters)
  • Oil falls as U.S. drills more (Reuters)