Back in 2010 when I first wrote this post, The Economy Seems Fine. I was confused by the state of the economy. We had just gone through a horrendous Global Financial Crisis. Yet, things felt as strong as usual. Today, the economy seems fine despite the K-shaped recovery. After all, stocks and real estate have […]
Am I Living In A Parallel Universe? The Economy Seems Fine! Read More »
One of the most anticipated NBA free-agent announcements came when Lebron told the world he’s heading to South Beach to play for the Miami Heat. Of the six teams coveting him, really only three stood a chance: Miami, Cleveland, and New York City for obvious reasons. The other three teams: Chicago, LAC, and New Jersey
Even Lebron Doesn’t Listen To President Obama Read More »
With a GDP of US$3.6 trillion, Germany is now the largest economy in Europe as well as the 4th largest economy in the world. Germany also has roughly $50 billion in estimated loans to Greece, a large amount, but not an overwhelmingly debilitating amount given the size of their economy. Saving Greece helps the Germans
Germany Missed An Opportunity To Save Greece & Themselves Read More »
Insensitive statements by Senate Majority Leader Harry Reid (D) not only infuriates many, but also raises one titillating question: Why isn’t President Obama considered white? Obama’s mother is white, and his father is black. He relates more to his white side of the family given his father left him as a child. Hence, isn’t it
Why Isn’t President Obama Considered White to The World? Read More »
President Obama plans on limiting the tax break for charity deductions to 28%, penalizes those in the 33%, 35%, and soon to be 40% federal income tax brackets. What are President Obama and the Democrats against charities? Since the overwhelming majority of charitable contributions come from households, and the overwhelming absolute dollar amount comes from
Why Are President Obama And The Democrats Against Charity? Read More »
The government is sexist. Let me prove it to you. Out of curiosity, I surveyed five of my married friends to answer two questions: 1) Did you pay more or less in taxes after you got married, and 2) How much more or less did you pay? The answers I got were concerning. They all
The Government Is Sexist And Nobody Seems To Care Read More »
Anybody want to guess what happened on Wed, January 19, 2010 right before the market fell off a cliff? The people got rocked. If you guessed Obama delivered a politically charged speech to rally for his own support and crucify others, you’re right! On Wed, January 19th, Obama went on national TV to tell the world,
The People Asked To Get ROCKED & A Boulder Drops On Their Heads Read More »
Moral hazard is the way of life. We don’t like the government, but just look at the government spend trillions in stimulus to bail out America during the 2020 coronavirus pandemic? Everybody was quietly watching the puppet show at the Asian Art Museum when I hear a “boooooooP!” What was that, I think to myself
Someone Always Farts In A Crowd: Moral Hazard Is Normal Read More »
The government introduced new legislation to tax all “big banks” 0.15% of their assets to recoup about $120 billion in TARP money. What’s interesting is that the government is also taxing banks who did not receive TARP money, while conveniently leaving out AIG and the auto industry! Three Takeaways From Asymmetric Regulation: 1) Because the
Taxing All Big Banks Is A Double Standard And Is Unconstitutional Read More »
Want to get happy? Here’s a lovely article highlighting that over the past 18 months, the percentage of Federal Government employees making over $100,000 jumped from 14% to 19%! An even more astonishing fact is that 1,690 employees at the Department of Transportation now make over $170,000 vs. only one before the recession started. My
Federal Government Employees Raking It In Read More »
