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

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New Year’s Tax Resolutions

…from the income tax system before Reagan took office, when we had top rates more than double today’s top rates. But it would address the dire fiscal need of the…

I Blame This on the NHL

…more bank failures since Bear Stearns failed are 4th, 9th, and 11th on the list. The only other state in double-digits right now, Florida, is 16th.) I’ll wait patiently for…

Consumer protection and bank regulation

…that are inherently dangerous or expensive to the majority of such consumers could be labeled with a red warning, alerting consumers to high risk. Think of skiing. Who would ever…

The New Black Gold–will tax boondoggles never cease?

…credit amounting to $1.01 a gallon! Let’s see. That’d apparently mean a subsidy double the current one invested in “incentivizing” paper mills into doing what they’ve already been doing since…