Politics

Obama’s Chained CPI Controversy Explained

April 15, 2013

In last week’s budget announcement, the Obama administration included a provision which has liberals howling.  Without delving into mudslinging about political motivations, feigned outrage and the slanted media coverage this proposal has generated, let alone the irony that this measly cut was mixed in with $1 Trillion in tax increases during the same 10 year [...]

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Why Raising the Minimum Wage is a Terrible Idea

February 13, 2013

The biggest problem with Americans today, and the politicians that pander to them, is that they make choices based on emotional effect and not on data.  This is why there’s no outrage over the budget-busting compensation of public sector employees like teachers, firefighters and police (yes, they all do important jobs, but the free market [...]

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$1 Trillion Student Loan Tab, Americans Ask “Where’s MY Bailout”?

November 29, 2012

Over the past few years, Americans have seen so many people, companies and entire industries bailed out, that naturally, they start wondering when they get “their bailout”, as if the multiple handouts the administration has doled out aren’t enough (a record 47 Million Americans on Food Stamps, unprecedented 99 weeks of unemployment, years of a [...]

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How Bad Is Your Health Insurance Increase for 2013?

November 1, 2012

The verdict is in for our plan – it’s a 9% increase year over year. Frankly, that’s a relief given the 47% increase we saw last year. It’s become somewhat comical how annual increases at 3-4 times the annual inflation rate continue unabated in categories like healthcare, commodities, college costs, textbooks and more. It’s just [...]

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How Obamacare is Costing My “Middle-Class” Family More in 2013

October 15, 2012

Obama’s medical insurance legislation that was first billed as not being a “tax” (hilarious given the number of “fees” and “surcharges” it levies; even the Supreme Court could not pass up the opportunity to classify it as such), and also claimed that the plan would be “revenue neutral” (which it clearly won’t be if you [...]

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QE3: 11 Winners and Losers

September 16, 2012

Ben Bernanke and the Federal Reserve are ready to stimulate the economy at any cost. The Fed will inject $40 billion per month in mortgage-backed securities purchases. This policy is good for some, bad for many. Let’s keep track of the score. 11 Winners and Losers from QE3 1. Winner: Banks – Banks are inflation [...]

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Real Unemployment Rate Explained

July 11, 2012

You’ll often hear about a horrible jobs number and then get an update that the jobless rate hasn’t budged, or in some cases, actually improved.  How can this be?  Well, because the “official” government reported figure grossly underestimates those out of the workforce because it simply stops counting people in the denominator who have given [...]

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Dividend Recaps – Smart Policy, or Just More Politics?

June 10, 2012

Tax reform is ugly business in Washington. Few bills stir up either side of the aisle as much as discussion on tax policy – especially when the federal deficit is in the trillions annually. New corporate tax reform bills circulating through Washington are targeting dividend recapitalization and debt financing strategies often used by private equity [...]

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The Welfare States of America – Data That Even Blew My Mind

February 8, 2012

I’ve known we’ve been turning into a welfare state ever since I started digesting, well, anything other than the mainstream media outlets.  But the latest report out of the Heritage Foundation shows just how staggering the situation has become.  It’s not just the current state that is alarming – but where we’re headed.  They released [...]

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Your President Is Lying About a “Strong Dollar Policy” – Why Dollar Weakness Matters

January 31, 2012

I couldn’t help but notice today that Pfizer started the trend we’ll see from every multinational today blaming lower 2012 forecasts on a stronger dollar (CNBC).  Pfizer has lowered their revenue projections by a full $200 Million.  Two Hundred Million Dollars!  … due to a stronger dollar.  And that’s just one company.  A strengthening dollar [...]

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