The first event this week for me that was unexpected was Mitt Romney’s defeat, the second was Question #2’s defeat
And then once Barack Obama was safely re-elected a lot of unexpected things suddenly started happening:
NII Holdings, which operates mobile services under the Nextel brand in Latin America, announced that it is taking actions to realign certain resources and roles between its headquarters and market units in order to create a stronger and more agile organization, and to facilitate future growth. As part of this strategy, the company is reassigning select positions located at its headquarters to its operations in Latin America and eliminating certain positions at its corporate headquarters in Virginia (US). In total, the company will reduce its workforce at its headquarters by 20 percent.
At the State Department:
An economic analyst invited by the State Department to brief a group of foreign journalists on the U.S. economy on Election Day responded to a question from a reporter from the Egyptian newspaper Al Wafd by predicting that U.S. Treasury securities—the means by which the U.S. government finances its debt–will be downgraded again.
Barack Obama may consider introducing a tax on carbon emissions to help cut the U.S. budget deficit after winning a second term as president, according to HSBC Holdings Plc.
A tax starting at $20 a metric ton of carbon dioxide equivalent and rising at about 6 percent a year could raise $154 billion by 2021, Nick Robins, an analyst at the bank in London, said today in an e-mailed research note, citing Congressional Research Service estimates. “Applied to the Congressional Budget Office’s 2012 baseline, this would halve the fiscal deficit by 2022,” Robins said…
The U.S. Mission to the United Nations helped move a controversial arms trade treaty on Wednesday, less than 24 hours after President Obama won reelection.
The Obama administration was widely blamed by treaty advocates for derailing the effort back in July when it asked for more time amid growing opposition from Republicans and pro-gun-rights Democrats who are worried the treaty would affect the sale of civilian weapons in the United States. Fifty senators — including eight Democrats — signed on to a letter at the time signaling their opposition to the treaty.
The U.S. Mission said the timing of the vote had nothing to do with the election. They said it was initially scheduled for last week but was delayed because of Hurricane Sandy.
Suddenly Boeing has Layoffs
Boeing announced a major restructuring of its defense division on Wednesday that will cut 30 percent of management jobs from 2010 levels, close facilities in California and consolidate several business units to cut costs.
And Vesta in Colorado?
The Danish wind turbine manufacturer Vestas says it plans to cut its global workforce by another 3,000 by the end of next year.
and the Fema offices in Staten Island,
Looks as if FEMA is just a fair- weather friend.
Yesterday’s nor’easter proved too much for the Federal Emergency Management Agency’s aid location in Tottenville, SI — which hung a sign reading “Closed due to weather” as the wintery storm blew into town.
Ten FEMA centers in the area reportedly suspended operations because of the storm, although the location with the sign at the Mount Loretto Community Center did open at noon.
Hey the President has been re-elected, Mission accomplished so all that stuff people have held back on, in the media, in the government, and everywhere else.
And BTW a reminder that you will be hearing from me a lot
As the financial world puts Tuesday’s presidential election behind it, the light in the tunnel could be an economic freight train.
A Las Vegas business owner with 114 employees fired 22 workers today, apparently as a direct result of President Obama’s re-election.
“David” (he asked to remain anonymous for obvious reasons) told Host Kevin Wall on 100.5 KXNT that “elections have consequences” and that “at the end of the day, I need to survive.”
And not Unexpectedly they’re not alone.
The world’s biggest hamburger chain said Thursday that a key sales figure fell for the first time in nearly a decade in October, as it faced the double whammy of a challenging economy abroad and intensifying competition at home.
and in the stock market:
The two-day slump came in the wake of Obama’s re-election to a second term as investors turned their focus back to Europe’s problems and the so-called fiscal cliff, a package of tax increases and government spending cuts in the U.S. that will occur unless Congress acts by Jan. 1. Investors see it as a serious threat to the economic recovery.
“The thinking before the election was that it would remove some of the uncertainty, but it seems to have done the opposite,” said Tyler Vernon, chief investment officer at Biltmore Capital Advisors in Princeton, N.J.
Oh I think with four more years of Obama there is a ton of certainty in my mind as to were we are going.