Relevant and even prescient commentary on news, politics and the economy.

Tax breaks for dogs?

Here’s a little fun one for you. Should pets, in this case dogs, be tax deductible like children? That’s right. From Congress.org a person comes up with this proposal: My husband & I have no children because we cannot afford to have children living on Long Island. But we do have 2 dogs – 2 […]

Has Jacob Marley been visiting?

After reading Stormy’s post on global warming posted Thursday, 3/12, I heard on NPR’s Market Place today, Thomas Friedman’s solution to the problem – Greed. (Green with a D) Now, there is something wrong I think when a negative character trait is professed as a good thing and a necessity to solve a community problem. […]

More info for saving Michigan and Ohio

This is a continuation of my previous post on what to do to help out Michigan and Ohio. (or the rest of the nation for that matter). I suggested that there is plenty of money in this country, we just need to find a way to reduce a trend that has lead to the top […]

Answering the Vicious Cycle

Well, Save the Rust Belt inspired me to make my first, self posted posting. Save the Rust Belt appears to be asking for help in his posting about the downturn of Michigan and Ohio. So, I thought this is a good post to jump on to start a line of solutions as oppose to just […]

Tax “Cuts”: Kash’s Rebuttal to Mankiw

Kash suggests that Greg Mankiw was not careful in his beer drinking example: The first and second men (the poorest) used to pay $0.20. Now they pay only $0.15 (a savings of $0.05, or 23%). They must then pay an additional $0.16 somewhere down the road. The third and fourth men (the next poorest) used […]

OldVet’s Question

I’ve always suspected longtime reader OldVet of consorting with foreigners. Sadly, my worst fears were confirmed just now, when he sent me this e-mail: _____________________________________________________________________ This morning I got the following email request from an entrepreneurial young Indian businessman from New Delhi : “Greetings from somewhere over Azerbaijan . I am on my way to […]

Credit

Credit Card debt bubbles through the financial world. “Debt eventually leaks into other areas, whether it starts with the mortgage and goes to the credit card or vice versa,” said Cliff Tan, a visiting scholar at Stanford University and an expert on credit risk. “We’re starting to see leaks now.”The value of credit card accounts […]

Global Warming: TCS v. Al Gore and Andrew Sullivan

Robert Balling over at TCS goes after Al Gore’s “An Inconvenient Truth” by noting a passage taken from this study, which got NRO’s Jonah Goldberg all excited. Andrew Sullivan more carefully reads what the study said and did not say and links to this piece which has in large font the following: Emissions of greenhouse […]

Feeling Bearish

David Wessel of the Wall Street Journal is feeling bearish this morning: Every so often, economic forces and financial markets collide in ways that make for a tumultuous year — the stock market crash in 1987, the Asian financial crisis and bond-market paralysis in 1998, the bursting stock bubble in 2000. Suddenly, this year has […]