by Linda Beale Dow Jones video admits there’s not much other than anecdotal tales that even millionaires readily move from one state to another to avoid taxes OK. Admittedly long title. But you get the point. The anti-tax gurus are forever saying that states (and countries) can’t increase taxes from our historically very low point […]
by Run75411 “Water For Elephants” “carrying water for elephants” is a phrase that means carrying a heavy load, much like carrying a secret that you can’t tell even someone you love wholeheartedly, just as in the end Jacob does for his wife.An elephant drinks 25-75 gallons of water a day far more than any man […]
by Kenneth Thomas Is the Growth of Manufacturing Production a Mirage? A lot of people lament the decline in manufacturing employment, which has fallen by about 1/3 since 2000. As Upjohn Institute economist Susan Houseman points out in the linked article, we’re talking about 5.5 million lost manufacturing jobs in that time frame. Here’s what […]
Via David Zetland’s Aguanomics comes this reminder (1959) of ‘why math is fun’ worked for kids. He didn’t see it till taking calculus. Can you imagine it being produced now?
by Kenneth Thomas Lid Blowing Off Romney Tax Secrecy Gawker (via Eman at Daily Kos) dropped a bombshell yesterday when it released over 950 pages of confidential documents from 21 Bain Capital-related investment vehicles, all of which Mitt or Ann Romney invested in. It made all 48 documents into a single searchable one here so […]
“Mother” of All Bank Frauds Shocks and Awes Regulators,As LIBOR Victims Seek Justice By Jeff McCord of The Investor Advocatewww.the-investor-advocate.comAugust 21, 2012 Many wonder why Federal regulatory precincts are so quiet several weeks following discovery that the London Interbank Offered Rate (LIBOR), a key interest rate determining charges to and earnings by American borrowers, lenders, […]
By Jeff McCord is a former US Senate staffer, Securities Investor Protection Corp (SIPC) executive and has been a free-lance journalist for Dow Jones publications. His academic background in economics includes post-graduate work at the London School of Economics and George Washington University. He can be read at Investors Advocate. EX-BIDEN AIDE’S MEA CULPA REVEALS […]
Having now read the Gawker articles summarizing some of the Bain documents leaked to Gawker and published there today, I’m speculating that the leaker of the documents is also Harry Reid’s source for Reid’s allegation that Romney paid no taxes for at least a decade, and that the leaker believes that the documents suggest either that Romney […]
Krugman recently presented this graph, showing household debt as a percentage of GDP. and made this comment. Second, a dramatic rise in household debt, which many of us now believe lies at the heart of our continuing depression. There are those who seem to believe that if Krugman says it, it must be wrong. Here […]