April 2011
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November 2010
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Health care rules limit amount of premium used... →
In other news… the Obama administration is now mandating specific amounts that health care insurers can charge consumers to cover overhead and profit. The govt’s reach into private industries is expanding even further and this is a dangerous precedent.
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October 2010
6 posts
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WSJ: The Tax Me More State →
It’s less than one-week til Election Day, so I felt it would be important to start posting pertinent thoughts / articles. Below are some quick facts about Proposition 25 in California, which would reduce approval of budgets and taxes to a mere simple majority. If you live in California & want to preserve any of the money you earn, it would be advised to vote against Proposition 25.
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Inflation and Devaluing the Dollar Does NOT Lead...
A couple days ago, my idol - Larry Kudlow - highlighted the effects of inflation and how it is destroying the dollar.
A stable reliable dollar is a cornerstone of prosperity in out nation. As a matter of fact, continued inflation of the world’s reserve currency is an inflationary tax hike and will affect food, retail gasoline, imports and will ultimately impoverish our nation.
The dollar...
Learning the Lessons of the Great Depression Could...
During the average recovery since World War II, gross domestic product (GDP) surpassed the pre-recession high five quarters after the recession began. It has never taken longer than seven quarters. Yet today, after 11 quarters, GDP is still below what it was in the fourth quarter of 2007. The economy is growing at only about a third of the rate of previous postwar recoveries from major...
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“If You Like Your Insurance You Can Keep It....
McDonald’s Corp. just reported that it may be forced to cancel its current coverage for 29,500 employees as a result of ObamaCare.
Why? Because the new mandates will make its plans “economically prohibitive” and cause “a huge disruption” unless it gets a waiver.
Given it high turnover (75%) and young workforce (nearly half are <25), McDonald’s uses a...
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Potential Tax Hikes in 2011 are Affecting Business...
Worries over whether Congress will extend some of the expiring Bush-era tax breaks are emerging as important factor in many investors’ and businesses’ decisions.
President Barack Obama has been proposing to allow taxes on dividends and capital gains to rise to 20% from the current 15% for households with incomes of more than $250,000. But many Dems are favoring to let it rise to as...
Obstacle to Deficit Cutting: A Nation of...
The fraction of American households not paying federal income taxes has also grown—to an estimated 45% in 2010, from 39% five years ago
However, 13% of all U.S. households pay neither federal income nor payroll taxes
Payments to individuals—a budget category that includes all federal benefit programs plus retirement benefits for federal workers—will cost $2.4 trillion this year, up 79%,...
September 2010
2 posts
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Repealing the 1099 Provision in ObamaCare →
Full article from WSJ
”..The Senate will vote this morning on whether to repeal part of ObamaCare that it passed only months ago. The White House is opposed, but this fight is likely to be the first of many as Americans discover—as Nancy Pelosi once famously predicted—what’s in the bill.”
Senate will vote on amendments to rescind an ObamaCare mandate that companies track...
It is pretty evident that over the past year, I have neglected this blog and have failed to post any entries for a while. When I first decided to start this blog, I liked the idea that I could simply share things that I found interesting in a quick and simple manner. However, I ultimately wanted a majority of the posts to highlight the values of free-market capitalism, limited government, property...
May 2010
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April 2010
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March 2010
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The Rich Can't Pay for ObamaCare →
It’s unfortunate that Obama doesn’t understand basic economics. If he did, he would know that his tax and spend policies are not sustainable at all. Following is a great op-ed by Alan Reynolds of the CATO Institute.
President Barack Obama’s new health-care legislation aims to raise $210 billion over 10 years to pay for the extensive new entitlements. How? By slapping a 3.8%...
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Kudlow: How to Really Solve Housing →
With everybody focused on Obamacare… the administration has tried to sneak in yet another bailout for housing. Yet again, Team Obama is rewarding reckless behavior, punishing the 90 percent of responsible homeowners who are making good on their mortgages, and setting up a greater moral hazard that will surely lead to an expansion of bailout nation.
I’m talking about an add-on to HAMP, the...
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February 2010
9 posts
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Swamp Girl Run Amok: Slightly Judgemental Notes to... →
Dear Girl I Passed Outside of Kilgo:
I can tell by your umbrella and rainboots that you recognize that it is, in fact, raining. That is good— when you fail to notice water coming out of the sky, that is a bad sign. Also a bad sign? The fact that you are still wearing your overly trendy…
HAHA - Just saw individual #2 today and was able to identify this character. I doubt there are...
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Aziz Ansari as one of the Funniest Characters on...
mollybierman:
nightcheese:
mollybierman:
popculturebrain:
uprightcitizens:
fuckyeahazizansari:
10. Tom Haverford (Aziz Ansari) on Parks and Recreation Leslie Knope’s (Amy Poehler) assistant, self identifies as a “redneck” South Carolinian, despite his Indian heritage (his birth name was Darwish Sabir Ismael Gani). He is a grade A creeper when it comes to the ladies, but remains just...
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mollybierman:
fuckyeahmashups:
Titus Jones -...
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In Search of a Free Duke-UNC Ticket?
Recent ad from Craigslist. “1 ticket (Section 109, row W) to the Duke/UNC game for a brunette, college aged girl, preferably someone who goes to Carolina, to sit with my parents and tell them that we are dating and go by “Sarah” for the game (and possibly dinner beforehand). This is a serious request, and additional details will be given so that my parents think that you are...
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The Best Times to Buy Anything, All Year Round -... →
(via thepursuit)
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amandatong:
swampgirlrunamok:
helloadam:
...
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January 2010
21 posts
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“It is to me a new and consolatory proof that wherever the people are...”
– Thomas Jefferson to Richard Price, January 8, 1789.
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WatchInterview on “The Kudlow Report” with Flordia Senate candidate Marco Rubio where he provides wonderful insight on how our nation can continue to prosper if we embrace the necessity for a limited government and a belief that “government isn’t what has made America great, it’s individuals who are willing to go out and pursue their dreams and hard work to make things...
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Where U.S. Health Care Ranks Number One - WSJ.com →
“As we have all heard, the U.S. spends a higher percentage of its gross domestic product for health care than any other country… Certainly some goes to inefficiencies, corporate profits, and costs that should be lowered by professional liability reform and national, free-market insurance access by allowing for competition across state lines. But the majority goes to a long list of...
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Weekend Interview with Hank Greenberg: Can AIG Be... →
The former chairman of AIG wonders why when the government took over AIG, why did it insist that Goldman and other firms receive 100 cents on the dollar on their AIG exposure, while the terms of AIG’s own bailout were so onerous as to force the firm into slow-motion liquidation.
A fairly interesting interview regarding the collapse of America’s once dominant insurance company.
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Best and Worst Jobs 2010 - The Wall Street Journal... →
Not sure how Dental Hygienist made it to the Top 10 of Best Jobs for ‘09… but here are the 200 best and worst jobs in the U.S. in 2009.
The ranking was based on five criteria — environment, income, employment outlook, physical demands and stress.
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A FORMER INVESTMENT BANKER ANALYST FALLS BACK ON...
mollybierman:
Helen Foster for McSweeney’s
1. Explain why you want to attend law school.
I want to attend law school because I want to make a difference in the world. My desire to attend law school has nothing to do with the fact that I was recently fired from my job as an analyst at an investment bank, where I worked in the mergers and acquisitions group. Since January, I’ve worked on...
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“We expect that, for the foreseeable future, the earnings of the company, if any,...”
– Fannie Mae Quarterly Report
It’s good to know that the Treasury has essentially provided Fannie and Freddie an endless amount of taxpayer money, despite these two government companies are failing enterprises and have no profit potential in the foreseeable future.
(via Wall Street Journal)
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amandatong:
mollybierman:
volcanoes:
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Watchmollybierman:
the past decade in 7 minutes
from newsweek
Although I really don’t enjoy Newsweek.. this was a pretty good rundown of the “aughts”.
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Hatch, Blackwell and Klukowski: Why the... →
Simply why parts of the health-care legislation is unconstitutional:
The Constitution does not give Congress the power to require that Americans purchase health insurance. Congress must be able to point to at least one of its powers listed in the Constitution as the basis of any legislation it passes. None of those powers justifies the individual insurance mandate.
A second constitutional defect...
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Obama's Security 'Breach' - WSJ.com →
“[Jihadists’] latest sanctuary lies in unruly Yemen, headquarters for al Qaeda in the Arabian Peninsula, or AQAP, which last year pulled off a series of local bombings, including at the U.S. embassy in the capital Sana, killing 13. The al Qaeda chapter in Yemen has re-emerged under the leadership of a former secretary to Osama bin Laden… Ninety-seven of the 210 left at Gitmo are...