Category Archives: Finance and Economics

Bureaucratic Blundering Behind Debit Fee Debacle and Health Premium Hikes

Financial Foolishness Earlier this week, Bank of America announced plans to charge customers $5 each month on accounts that make at least one debit card purchase in a given month. The bank itself cited recent regulations as the primary reason … Continue reading

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Posted in Business, Finance and Economics, Healthcare, Media, Policy, Politics, Socialism, Taxes | Tagged , , , , , , , , , | Leave a comment

Class Warfare Has Consequences

“I have found incredible success in raising money for Gov. Romney…We are raising the guy a fortune from people who are disaffected by what the president is doing” — Hedge fund executive Anthony Scaramucci as quoted in the Los Angeles Times … Continue reading

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Posted in Business, Finance and Economics, Leadership, Policy, Politics, Socialism, Taxes | Tagged , , , | 34 Comments

Obama’s “Buffett Rule”: Good Politics, Bad Economics

Pleasing the Proletariat Obama’s call for increasing taxes on the wealthy is playing well with the ever-expanding ranks of the proletariat. According to a September 15-18th Gallup poll, 66% of respondents favored increasing income taxes on individuals earning at least … Continue reading

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Posted in Business, Finance and Economics, Mathematics, Policy, Politics, Taxes | Tagged , , , , , , | 50 Comments

Press Recession Mentions Presage Recessions

The Economist‘s Daily Chart blog publishes a lot of creative and fascinating charts each week. A little over a week ago, the blog published the chart above, which tracks the number of articles in the Financial Times and the Wall … Continue reading

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Posted in Business, Finance and Economics, Policy, Politics, Predictions | Tagged , , , | 3 Comments

An Employer’s Perspective on Jobs and Regulations

Peter Schiff’s Congressional testimony last week provided more support to the argument that excessive government regulation stifles job creation. Agree or disagree, Mr. Schiff’s testimony is certainly entertaining.

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Posted in Business, Finance and Economics, Policy, Politics, Socialism, Taxes | Tagged , , , | 6 Comments

Obama’s Partisan Debt Reduction Plan

The President released his debt reduction plan today. Based on its contents, it is clearer than ever that he is more concerned about his reelection prospects than solving the nation’s economic and fiscal woes. President Obama again leads with his tiresome demonization … Continue reading

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Posted in Business, Finance and Economics, Policy, Politics, Social Security, Taxes | Tagged , , , , , , , , , | 13 Comments

The Road to Oblivion Is Paved with Noble Liberal Intentions

Recently, I had the opportunity to watch one free night of cable during a brief hotel stay, and decided to tune in to Fox News. When I heard a commentator railing against a provision in President Obama’s jobs bill that “would … Continue reading

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Posted in Business, Finance and Economics, Policy, Politics, Socialism | Tagged , , , , , , | 6 Comments

Living Laffer

Tonight, I flew into New York for business. On the way to my hotel, I had a long, illuminating conversation with my taxi driver, who also happened to be a small business owner. It wasn’t long before John (not his … Continue reading

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Posted in Business, Finance and Economics, Policy, Politics, Taxes | Tagged , , , | 9 Comments

9/11 in Numbers (Part III): How Have Things Changed?

Since 9/11, the government and most individuals are in weaker financial health, government has aggressively expanded, and the United States appears to be in a weaker position as a global superpower. That said, the United States still remains unmatched militarily, and … Continue reading

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Posted in Business, China, Clean Energy, Clean Tech, Climate Change, Defense, Energy Security, Finance and Economics, Middle East, Nuclear Power, Peak Oil, Policy, Solar, Taxes, Technology, Wind | Tagged , , , , , , , , , , , , , , , , , , , | Leave a comment

Why Texas Governors Don’t Go to Prison

Rick Perry’s aide gave a beautifully roundabout answer to a recent question about the blatant quid pro quo that marked his reign as Governor.  The spokesman explained, “There’s never been any wrongdoing substantiated.” Nor will there be.  Remarkably, Perry’s probably … Continue reading

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