My Comments: I recall a conversation I had some three years ago where someone asked me if I followed Keynes or did I follow the Austrian approach. Not knowing at the time just what this person was asking, I responded “Keynes” since I knew more or less how Keynes mind worked and had no idea …
Continue reading Stuck in the Mud: Beyond America’s Fiscal Trench Lines
Momentum is building for a tax code overhaul, and lower taxes on stock transactions could be doomed. By Joy Taylor, May 6, 2013 Tax breaks for capital gains and dividends are likely to end by 2015, as lawmakers look for ways to broaden the tax base, allowing income tax rates on individuals to be cut. …
PBR is the short version name of a company registered as Physicians Benefits Resources Risk Retention Group, Inc. For the past four years, I’ve invested significant time and energy with this company as I was convinced since day one ( and am still) that it had a unique value proposition. This value proposition is significant …
My Thoughts on This: Liz Ann Sonders is a highly respected and recognized thought leader in the world of money managment. While none of these people are right all the time, their track record suggests we should pay attention to what they are saying. by: Charles Paikert | Tuesday, April 30, 2013 The current investing …
Continue reading Bullish Market, Recovering Economy Deserve Respect
My Comments: There is good news here and there if you look beyond the crisis de jour. By: Michael Mackenzie / Published: Tuesday, 30 Apr 2013 / The Financial Times, London The U.S. Treasury expects to pay down debt in the second quarter of 2013 as the budget deficit that has dominated national politics starts …
My Comments: Unless you have been to the Cayman Islands, or happen to make far more money than you actually need to live your life, the idea of an offshore tax haven is pretty remote. You’ve heard about them, but since they are so far removed from your reality, they seem to stay under the …
Continue reading Austerity Exposes the Global Threat from Tax Havens
My Comments: I have no idea what I’m having for supper tonight, much less how the markets are going to perform over the next several months and years. However, assuming I haven’t left the building, I expect to eat something, and in like manner, I expect the markets to move up and down with a …
My Comments: There has been a disconnect in this country, typically along partisan lines, whether or not austerity is the way to solve the so called debt crisis at the federal level. As an economist, and a Democrat, my instinct has been to set the stage for growth, and as growth and increased economic activity …
Continue reading The New Deal for Europe: More Reform, Less Austerity
There appears to be a significant disconnect between those of us who have advocated a tactical approach to investing money for years from those who learned their trade during the 18 years that ran from 1982 thru 2000. The study referenced below in the article, as it appeared in the print edition, headlined “45% of …
Continue reading Tactical Strategies Gain, as Buy and Hold Fades
My Thoughts on This: As you know, I fully support the passage a few years ago of the Affordable Care Act. I’m also a realist in that I expect it to change shape over the years. Here’s an article that suggests what might happen in those states where the governor is married to the “anyone …
Continue reading Fallout for States Rejecting Medicaid Expansion
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