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Profile: Clifford Drake
Articles by Clifford Drake
Black Friday Retail Sales Score Record High: Something To Look Forward To
This past Friday marked a record breaker edition of Black Friday. Total sales rose 6.6% to $11.4 billion and even experienced a rise in foot traffic, suggesting more people were... read more
Buffett Invest $10.7 Billion Into IBM: Why Buying So High?
Warren Buffett declared his $10.7 billion claim into IBM today, the first tech fund Buffett has invested in his portfolio and nearly 5% of the company. According to John Buckingham,... read more
Flooding In Thailand Hit Hard-Drive And Tech Firms Hard: It’s Worse Than It Looks
After nearly three months of flooding behavior, Thailand continues to face slowing recovery and business. This has clearly affected many tech firms, particularly many in Japan, who offshore to the... read more
Berlusconi Resigns As Austerity Measures Move Through Parliament: The End Of An Era
On Saturday, former Prime Minister Silvio Berlusconi resigned from office, as promised, as austerity measures moved swiftly through Italy’s lower house. His career spanned 17 years yet was marked by... read more
Supreme Court Affirms That Health-Care Bill Case Will Be Heard: History In The Making
This afternoon, The Supreme Court formally reaffirmed their intention to hear the challenges to the Health-Care bill, sometime around March. A decision on the legality of Obama’s sweeping Health-Care bill... read more
Mississippi Rejects Embryo Amendment Bid: A Win For Common Sense
In a referendum vote, Mississippi voters rejected a proposed amendment to officially proclaim impregnated embryos as “people”. If the proposed amendment had passed, it would’ve almost certainly made abortions illegal... read more
Rick Perry’s Michigan Debacle: A Nail In The Coffin, Or More Of The Same?
In Wednesday night’s Republican debate, Rick Perry experienced a horrifically embarrassing moment as he failed to remember which three departments of government he intended to eliminate if taking office. It... read more
Ohio Repeals Law Limiting Collective Bargaining: Politics Begin To Move Back Left
In a referendum vote in Ohio, voters overwhelmingly voted in support of a proposal to repeal a law that limits collective bargaining rights for public sector workers. A popular right... read more
Stocks Gain As Italy Approves Austerity Measures: A Start, Not An End
Friday witnessed a rallying of U.S. stocks as Italy’s parliament passes new austerity measures for the country. With the exiting of Prime Minister Berlusconi imminent due to the quick navigation,... read more
Top 10 Best Majors / Worst Majors For Employment: Preparing For The New Economy
1Every proud parent is relieved to see their kid go to college. A badge of honor amongst the middle class, it signals an academic rigor that should signal success in... read more
Gold Ends Day At Six Week High: Fiat Currency And The Value Of Tangibility
Gold futures closed Monday at over $1,790, setting a six week high for the product. This is amongst a background of continuing EU struggles and without much relief to be... read more
Papandreou Agrees To Step Down, Berlusconi Under Pressure: Another One Bites The Dust
On Sunday night, Papandreou agreed to step down as soon as a new unity government is formed. This was a move long resisted by the Greek PM however, like his... read more
New Study Finds 10% Of Fortune 500 Companies Paying No Corporate Taxes: Success Pays?
In a new study released by the Citizens for Tax Justice, a left leaning think tank, 30 of the 280 Fortune 500 companies studied paid absolutely no corporate tax, even... read more
Groupon Prepares For IPO By End Of Week: Advance Or Desperation?
Groupon will be offering an IPO on it’s share this week, a much anticipated move by the company which has grown so rapidly over such a short period of time.... read more
Russia Offers $10 Billion To Embattled E.U. Bailout Through The IMF: Sharing Is Caring?
Russia’s Chief Presidential Economic Aid, Arkady Dvorkovich, announced this afternoon that Russia would be willing to offer a $10 billion dollar aid package to the recent E.U. Bailout plan as... read more
