MAY 25, 2012 8:24AM

Flat Earthers of the Tax Code

Keep mind that Saverin, James and Boeing are extremely visible ramifications of high taxes and regulation.  What is impossible to measure is the amount of business activity that is forgone because of the tax code.  It simply doesn’t make a whole lot of sense to work harder if that mea/… Read full post »

Although I agree with everything in this article, I wish the writer had developed the contrarian argument a little further.  It’s completely illogical for a business not to attempt to maximize profits.  However, our Government invests without a profit motive.  Accordingly, the fa/Read full post »
MAY 23, 2012 9:40AM

Teacher Ineptitude…Gotcha

Wow!  I just listened to the viral-audio of a North Carolina teacher (Tanya Dixon-Neely) chastising a student (Hunter Rogers) for what she considered disrespect of President Obama.  As usual, the liberals will undoubtedly claim it’s an isolated incident and not indicative of teachers/Read full post »

MAY 22, 2012 7:59AM

Facebook…ROTFL

Facebook…ROTFL Until I read the article below I couldn’t explain why I was secretly rooting for Facebook to fail.

Rich Karlgaard writing Monday at Forbes.com on Facebook's disappointing IPO:  

1. Too late. Facebook's shares have been dead in the water for the last 12 months. Pr… Read full post »

MAY 21, 2012 8:12AM

Bain Capitalism 101

I doubt there are too many finance professionals commenting on Open Salon, so hopefully the WSJ article below should help clear up some of your confusion regarding the work of Bain Capital.     

 

 

How does a rapacious company get repeat business?

 

Watching Obama campaiRead full post »

Just read an article that clearly shows the benefits of Republican solutions to our economic woes.  If someone could make the argument to vote for Democrats after reading this article I’d love to hear it.   

 

In his January 2011 inaugural address, California Gov. JerryRead full post »

In April of 2009 Obama held a beer summit at the White House to help lessen the controversy he helped to create.   Summarized the situation came to pass because a black Harvard professor (Gates) lost his keys and attempted to break into his own house.  A white cop (Crowley) responded t/Read full post »

 Henry Hazlitt in "Economics in One Lesson," 1946:

When a corporation loses a hundred cents of every dollar it loses, and is permitted to keep only 60 cents of every dollar it gains, and when it cannot offset its years of losses against its years of gains, or cannot do… Read full post »

APRIL 24, 2012 9:52AM

Politically Motivated Recessions

Contrary to popular belief, recessions and expansions are not objective events. The decision of whether or not the economy is in recession or expansion is unofficially made by the National Bureau of Economic Research (NBER).  Specifically, the Business Cycle Dating Committee of the NBER determinRead full post »

I may not have many nice things to say about liberals but I will give them this: their heart is in the right place.  However, thanks to unintended consequences, what was designed to help often does more harm than good.  One doesn’t need to peel the onion too far to seeRead full post »

MARCH 22, 2012 3:34PM

The 99% target rich and hit the 99%

Usually when the Campaigner in Chief talks about the debt and the reason it’s so high he blames the rich for not paying their fair share.  A similar cry is often uttered throughout Open Salon.  So the Democrats devised a plan called the Buffet Rule, its intention, target the 1% and/Read full post »

MARCH 15, 2012 10:23AM

The Message of Motown

More evidence that labor unions are driving this country into financial ruin, unapologetically plagiarized from today’s Journal:

The clock's running out on Detroit. City leaders are up against a $200 million deficit driven by exploding labor costs and may not be able to pay the bills come May.… Read full post »

FEBRUARY 10, 2012 9:04AM

Snooki, Antelopes and The Rich

Of all the abuses buried in the thousands of pages of Obamacare let me offer the tax hike on tanning salons, as the most flagrant.   In order to pay for Obamacare the Democrats had to scavenge for money, and in so doing, they astutely targeted the weak.   

I don’t have… Read full post »

Of all the unnecessary waste spent by the Government let me offer the Fire Department as the most wasteful of all. There was a time when buildings were built primarily of wood, had fireplaces and used open flames for a light source. Today they are built using all sorts of fireRead full post »

Polls suggest Americans strongly oppose laws taking away the collective bargaining power of public employee unions, however, I suspect if the public was asked to define what collective bargaining is, few would be able to do so.  Contrary to popular belief, it does not abolish public employee uniRead full post »