Out Fox The $treet

CEO Jack Dorsey testified in Washington D.C. alongside Facebook COO Sheryl Sandberg. One day Twitter will have a market value that matches the influence of the platform. Revenue estimates and digital ad forecasts have missed the turnaround at the social platform. As the social networking sites   appeared in Washington D.C.   to testify in front of the Senate Intelligence Committee, one noticeable distinguish occurred.   Twitter   ( TWTR ) leader Jack Dorsey became the center focus of the discussions with Congress including an additional committee meeting showcasing the power of Twitter even in comparison to   Facebook   ( FB ) and   Alphabet   ( GOOG ,   GOOGL ). Read the full article on Seeking Alpha.  Disclosure: Long TWTR. Please review the disclaimer page for more details. 

Absurd that this country can't pass a long-term transportation bill. Dysfunctional to say the least in Congress. Even with these issues, Terex (TEX) is hiring 500 employees in Washington for Aerial Work Platforms though it is unfortunately only to replace aging equipment as much as new equipment. Globally though Terex continues to hire as infrastructure is a lot higher priority for those countries. See below interview CEO Ron DeFeo on Bloomberg: Disclosure: Long TEX. Please review the disclaimer page for more details. 

Or at least that appears to be the path this great Super Committee has taken. Tasked with figuring out the best way to cut the federal deficit over the next 10 years, and the group can't come together on anything substantive. Seriously? The federal deficit just reached $15 trillion and out great Congress can't figure how to slow spending over the next 10 years. Yes that's correct, the committee isn't even attempting to cut spending. It just wants to reduce the growth of spending. Possibly cut some stuff already planned to increase, but not actually decrease spending. Without cutting back on spending, we're playing the dangerous game of relying heavily on growth to cut the annual deficit. Grow revenue faster than spending and the deficit begins to shrink. Naturally Democrats want that 1% to pay more taxes that would grow that revenue, but that isn't assured to work as it might just reduce growth. Still, I'd probably be inclined to implement some tax inc...

Not only why are members of Congress allowed to own stocks, but why are they allowed to trade while serving in Congress? These guys have insider information and the ability to sway the political direction. Why are they allowed to gain from that? How many decisions are made based off investments? Is that why coal seems to be favored over natural gas? Or why certain companies are brought to the capital for 'investigations'? Maybe certain politicians were short these stocks and wanted a catalyst to send them lower. Great interview with former high flying lobbyist Jack Abramoff with insights on Congress and investing. Why is this still legal?