Germany Declares Greek Bankruptcy

As the turmoil surrounding the Greek bailout continues both in the halls of the Greek legislature and in the streets, Germany is preparing plans for a Greek bankruptcy and their subsequent departure from the Euro zone.  Even as European finance … Continue reading →

Obama Stifling the Economy

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Enforcing the rule of law is an important and proper role for the government to play. But the practice of regulating even the smallest aspects of life, from the amount of lime in dishwasher detergent (if you’ve noticed your glasses … Continue reading →

The Entitlement Dilemma – Will the Elderly Lose Their Benefits?

As the nation struggles with controlling the federal budget, lawmakers are searching for areas of the budget that can be trimmed.  And while the amount of waste and corruption within the federal government is shocking (see the multiple posts on … Continue reading →

Bank of America Fee Increase … Who’s to Blame?

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I hate to say, “I told you so,” but on June 10, I wrote a post entitled The Seen and Unseen on this blog, writing, “but [banks] are not going to sit idly by and explain to shareholders that they lost … Continue reading →

European Debt Woes Continue Due to Toxic Greek Debt

Investors are bracing for another tough week in international financial markets after a weekend fraught with new indicators that the European Debt Crisis is far from over.  It seems that not a week goes by without some new mini-crisis on … Continue reading →

Economy Adds NO Jobs in August While Lawmakers Vacation

In Washington politics, little is more sacrosanct than Congressional recesses.  And its for that reason that controversial measures are often postponed to the eave of a vacation, with the goal that lawmakers will be reticent to postpone their travel plans … Continue reading →

President Obama Calls for Budget Cutbacks and Fiscal Responsibility

Today, President Obama’s Office of Management and Budget released a memo directing Obama’s Cabinet Members to propose 2013 budgets at levels 5% below 2011 enacted appropriations.  With the baseline established on the Republican passed Continuing Resolution, which already began the … Continue reading →

Warren Buffett’s Tax Policy

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Warren Buffet made headlines yesterday with his opinion piece in the New York Times entitled, “Stop Coddling the Super Rich.”  Apparently the multi-billionaire investor Warren Buffet does not believe he pays enough taxes, posting an effective tax rate of 17.4%, which includes the … Continue reading →

America’s First Day of Freedom – Cost of Government Day Is Here at Last

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Every year, the Americans for Tax Reform Foundation publishes its Cost of Government Day Report, detailing the costs of government on the day of the calendar year at which the average American has paid off the burden of government spending … Continue reading →

The Obama Hypocrisy Tax

The Onion headline for today, Obama Proposes Tax Increase on Meanest 2% of Population, gave me an idea.  There are lots of rich liberals who advocate for higher taxes on the rich.  And there are even rich liberals that say … Continue reading →