…in statutory interpretation focussed on tax. I think that the tax system should reflect the values of ordinary Americans and our long-held belief in principles of liberty, equality and community….

…cost “a quarter of a trillion dollars” perhaps hoping people are still scared by the label rather than the number. Because in the context of a $750 billion TARP package…

…there is a column equating to ‘Income – Cost’ which is labeled ‘Net increase during the Year’. Now the Trustees don’t label this as ‘Surplus’ but there is little doubt…

Reader Donald sends us this note on Warren Buffet’s wisdom: I’ve just finished reading through Warren Buffet’s annual letter to Berkshire-Hathaway shareholders I’ve extracted some general interest stuff below: ……

…banking system and the rate of the productivity growth. I think the whole [gross national product] was inflated because bankers got paid so much: You measured GNP and value added…

…is a lesson in what is happening with pricing regarding value and purchasing power. I leave it all up to you to see these lessons and maybe others. Mostly, I…

…the past several months: hope and change. In the end, did Ms. Parker know she was so prophetic? That’s potent medicine. It also should come with a warning label: “May…

One Salient Oversight sends some thoughts from down under on recycling labels: Think of the common labels thrown out against political opponents these days. What sort of political thinking would…

…back to $2/gallon in a few months? As we see our home values–and the equity we can tap into–falling, do we expect to get back to relying on that “wealth”…

…over 30’ (until of course we started turning 30 in 1976). Did we deserve being called self-absorbed, I daresay we did. But did we deserve the label of ‘selfish’. Well…