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Category Archives: Taxes & Economy
Here’s the deal. It’s complex, but not that complex. Anyone in 9th grade oughta be able to grasp it – which is why the bedwetters don’t/won’t/ can’t.
- A corporation is a THING, an inanimate object. It has no “duties,” moral, ethical or otherwise, any more than does your car or your carpet.
- The people who run public corporations have two duties. A legal duty to maximize shareholder earnings (really to ensure best use of company money/earnings/investment, which is the same thing) by making
Executive pay is a hot button in the culture wars. A pragmatic reaction to any proposals for the government to cap executive pay should not be just a knee-jerk rejection, but one based on ideas other than the status-quo and increasing an unprecedented American divide between the haves and have-less’es, something that is not good for the body politic.
Bonuses or salaries of tens or hundreds of millions of dollars for bankrupting one’s company or quitting and parachuting out of a contract – or even just doing a good job – are not American ideals. No previous generation […]
Today, 3 Feb 2015, the following three columns promulgating Progressive policies are carried via Real Clear Politics from their respective media organs:
“President Holds High Ground in Budget Fight” – Dana Milbank, Washington Post.
“Obamacare is Costing Way Less than Expected” – Ezra Klein, Vox.
“The Long Run Cop-Out“- Paul Krugman, NY Times.
Milbank’s is a treatise on the GOP daring to exercise the Rule of Law via the DHS budget and illegal immigration. Klein’s a celebration that new CBO numbers project that Obamacare will cost only $36B (that we don’t have) rather than […]
They’re coming sooner than most people think. What will they mean? What will be the unintended consequences? What about the societal impact? What about the role of government?
That last sounds odd; what does the government have to do with driverless cars?
Well, the sooner these things are the majority of – or only – cars on the road, the safer everyone is, the higher the rate of road utilization, the lower the congestion and the lower the national gas consumption. Driverless cars will reduce congestion by as much as 90%. This is due to the faster reaction time of […]
France has dissolved their government because of disagreement over fiscal policy. They’ll have a new one ready in a sec.
What was the problem? The adults wanted France to live within her means, and the Leftists – didn’t. What the French expected after electing a president demanding 75% income taxes is unknown. But actually thinking that would help their economic woes was childish.
In the rest of the Eurozone, the “countries” are pretty much stuck in economic doldrums, as is the USA.
Because of the nonsensical post-war Western welfare state. Because of the assumption that those who refuse to […]