Plays off the State of the Union
In his State of the Union address Tuesday night, President Obama is bound to splice his progressive Inauguration Day themes with budget and economic messages that finally respond to more prominent issues. These will touch on the need to head off the March 1 budget sequester, in addition to talk on immigration reform, gun control and climate change. The speech will also likely address the need to forge a "balanced" deficit reduction deal, while stepping up investments and reforms designed to protect the middle class, such as curbing college costs and expanding mortgage-refinance assistance.
To quickly address immigration reform, Obama will seize the partisan advantage he helped to create for fellow Hill Democrats with his strong showing among Hispanic voters last November. Should investors wake up Wednesday morning with the notion that the time is "now" for immigration reform in Washington, we'd suggest looking at the money transmitters -- Western Union (WU) and MoneyGram (MGI). In the past, conventional wisdom has expected the deportation of resident illegal immigrants, which can disrupt the flow of remittances back to Mexico and other countries -- bread and butter for companies like these....768 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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