Tax Politics
The Politics of Taxes
Barack von Bismarck
More good reading today--this one coming out of the Acton Institute. A short piece, nevertheless it points out that Otto von Bismarck was the father of the welfare state, and maintains that Obama is following Bismarck's vision of government. Read below. by Anthony B....
Thoughtful Reading: Thomas Sowell
As we head into the election homestretch, I wanted to share with you a brief but poignant essay by economist Thomas Sowell over at the Jewish World Review. Sowell reminds us of the disastrous effects of government intervention into the economy during the Great...
Geitner's Goal: Rebalanced World Economy
Another example of the Obama Administration using the yardstick of "fair". While talking about guidelines for world exchange-rate policies, Timmy Geitner tells the WSJ, "Right now, there is no established sense of what's fair". If that was not bad enough, this...
NYC Pensions: Too Much
Catching up on some old reading this weekend, I wanted to share Bloomberg's wry observation of the current state of the NYC pension fund. “It's overstating it a little bit to say the only one who's done that well is Bernie Madoff, but 8% for a long period of time is...
Fear the Boom and Bust
Have a little economic fun! If you haven't seen this fun video on basic economics, take a 7:32 break and enjoy. It's Hayek vs Keynes, cleverly rapped to give the fun overview of the battle of two influential economists. My link below includes the video and the lyrics....
Lame Ducks and the AMT Patch
Ed Barnes at Fox News is one of the very few people talking about the AMT these days, but if the AMT doesn't get its annual patch, the economic repercussions could be catastrophic. This leaves me to wonder if this is a political tactic from the Left, who will fancy...