I've always had a problem with the corporate tax code, We often hear of corporations that pay no taxes. Is it because we base corporate taxes on profits, and then provide so many loopholes that allow these profits to disappear? … [Read more...]
Some crazy talk about the economy.
I don't happen to think the economy is in such bad shape. I believe it's largely a rich person's crisis, which they, as good, wholesome, greed-driven Americans, are trying to spread around. And they will probably succeed. Money protects … [Read more...]
Obama’s Other Huge Task
Cross-posty: This also appears at Marry in Massachusetts.The huge 1984 win for Ronald Reagan — 525 electoral votes and 58.5% of the popular tally — spoke loudly for that befuddled version of hope. Borrow, borrow, borrow...spend, … [Read more...]
Kerry Details Economic Recovery
Cross-posting note: This also appears at Marry in Massachusetts with a mug and a more dramatic head.I didn't see the dailies in Lynn in the North Shore Community College's gym, nor do today's papers carry Kerry coverage. They … [Read more...]
The Fix We’re In: CommonWealth magazine blog tackles economic crisis
CommonWealth magazine's new blog, CommonWealth Unbound, has six leading thinkers weighing in on the economic crisis. Check out the online forum dubbed The Fix We're In to read perspectives on the state budget impact from former GOP … [Read more...]
Frank, Pelosi, and the DC team should hire some new economics advisors, pronto
Around the world, global leaders are huddling to determine the best steps to get out of the financial crisis. It's bad. If the Dow doesn't come back by December 31st, this year will mark its worst yearly slump since 1937. Millions of people … [Read more...]
A Main Street Bail Out Plan that provides real relief for Main Street
Obviously some of the Mortgages that were in these portfolios are the Mortgages that People need help with because they are delinquent on Payments, or are in Foreclosure or have been foreclosed upon. Then I ask why is this crisis funding is … [Read more...]
Why the bailout may never pass the smell test
In an article just published which I hope you will read is a run down of the reason why I think a huge Majority oppose the Crisis bailout and one reason I feel it needs to have real teeth if I am going to suggest it must pass. Can wild CEO … [Read more...]
The Wall Street Crisis: I don’t get it
I need someone to explain to me why spending hundreds of billions of dollars so that failing banks can prop up failing companies is a good thing for the economy. Wouldn't we be better off in the long run if we allowed credit to tighten and … [Read more...]
This I don’t believe
I don't believe that Henry Paulson and Ben Bernanke are lying, devious hacks simply because they were appointed by Bush. I don't believe that Paulson's aim is simply to enrich himself after his current gig is up. I don't … [Read more...]
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