Hat tip reader ilsm for this article by Tony Capaccio, Bloomberg News, Bloomberg.com July 6, 2010 U.S. spending on weapons through 2016 likely will grow faster than the overall defense budget, which will have annual increases of only about 1 percent above inflation, according to Pentagon Comptroller Robert Hale. “Our goal would be to get […]
Deep Horizon Response Unified Command website has the following announcement: NEW ORLEANS – The Captains of the Port for Morgan City, La., New Orleans, La., and Mobile, Ala. , under the authority of the Ports and Waterways Safety Act, has established a 20- meter safety zone surrounding all Deepwater Horizon booming operations and oil response […]
by Mike Kimel Tax Burdens and Economic Growth – Answering the Objections This piece is cross-posted with the Presimetrics Blog. Consistent with findings in Presimetrics, the book I wrote with Michael Kanell which will be released in August, I’ve had some posts whose results contradict standard economic theory. In some cases, readers have insisted that […]
and nobody notices, did it really disappear? by Bruce Webb I started reading the Annual Report of the Trustees of Social Security in 1997 and awaited its typical March 31st release date each year since with eager anticipation. To the point that last year I put up a post that morning called Bestest Day of […]
Moneycentral author Liz Pulliam offers advice using one American symbol of success, the car, as one measure of the times. I had suggested that if you can’t pay cash for your next car, you should make a down payment of at least 20%, finance the balance for four years or less and make sure the […]
by Bruce Webb On Conservatism.Modern Conservatism = Protection of Property Rights. The historical process in Northern Europe and Britain from the mid 17th through the 19th century was marked by a sometimes gradual, sometimes violent collapse in belief in the Divine Right of Kings, and for that matter Popes. Conservatism replaced its traditional appeal to […]
We actually appeared to have forgotten we are a nation “at war” if news reporting is any indication from a personal search, except for the DC centered coverage of Gen. McChrystal. Notice it was a music magazine that got the scoop, more power to them, not mainstream media. Here are some thoughts from Tomdispatch to […]
by Bruce Webb In response to my Pelosi Rule post of yesterday commenter Darms plays Devil’s Advocate in asking the following shrewd question. Bruce, Since the commision may be looking for a mechanism to delay redemption of those SS trust fund bonds and I’ve read that some of these bonds are routinely redeemed & renewed […]
This July 4th appears to be quite mixed for Americans, depending on both where you are and whether you are on a paid vacation day. Follow the link to some ‘do it yourself’ fireworks. And have a good day no matter what.
CoRev asks if anyone wants to discuss the justifications of the beneficiaries of the different parties policies. So I though this gives me an opportunity to present some recently publishedCBO data on income and tax that could give people something to tie the discussion to. Republican policy has been to favor the more affluent in […]