The U.S. House today passed a bill that would tax AIG employees who received bonuses of over $250k. The tax rate is 90%. Are you kidding me? This is your government run-a-muck. The US Congress should not be in the business of passing bills directed at single companies, or short-term micro issues. The bonuses at…
I’ve been watching AIG CEO Edward Liddy testify before the House Financial Services Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises. He is taking heat from the congressmen over some employess receiving retention bonuses from AIG. Because AIG received a loan from the government, the representatives are upset about the so called bonuses. What…
Why can’t the politicians get it? They are growing the size of our government beyond what we are capable of maintaining. Bush spent us into the poor house and now Obama wants to double down on that achievement? We’re headed for massive inflation and a decade of stagnation. No doubt!
On January 31, 2008 I told you in this blog how crazy the Republicans would be if they put up John McCain as their nominee. My view has been the same since then. The Republicans were crazy to put up John Mccain as the party's nominee. Won't they every learn that merely hanging around the…
Have you ever noticed that every election seems to be the same? No matter how far back you go, the same language is always used. We always hear “this is the most important election of our lifetime.” Why is that? It’s because politicians are completely full of B.S. Aren’t you sick of hearing these words…
With the market sliding seemingly out of control we need to cut capital gains rates immediately. Why not just drop them to zero. You would see an infusion of cash into the US within 24 hours. What are they waiting for?
Isn’t amazing that two years ago when we had devastating hurricanes in the Gulf we heard a lot about “Global Warming.” The media was on the hype bandwagon about how the earth is warming and the waters got so warm that they caused such devastating hurricanes. Well this winter it was so cold all over…
Scooter is bummed. Did he lie? Maybe. I just don’t see how an experienced lawyer gets into a situation where he’s under oath, and then lies. I think he’s smarter than that. Furthermore, this is really the criminalization of politics. All of this should’ve been handled in a political way especially when the special prosecutor…