The stand off between rancher Cliven Bundy and the Bureau of Land Management could have been avoided. The pencil pushers at BLM shouldn’t be in the real estate business. “Essentially, they run a giant socialist enterprise in trying to centrally plan vast lands and resources. The decisions the agency makes are often infuriating to Westerners […]
The Future of Pension Reform
Rhode Island General Treasurer Gina Raimondo’s public pension reforms were a template for other states around the country. Now the changes are being derailed in court. The Wall Street Journal examines Raimondo’s current situation here . In February, Ms. Raimondo and Governor Lincoln Chafee announced a deal with labor leaders to avert a trial. The […]
Retail Sales Slowdown Highlights Sluggish Obama Economy
Growth in sales at retail chain stores has fallen again according to an ICSC-Goldman Sachs survey. You can see on the chart below that growth has been slowing for nearly two years and is now well below its historical average.
Congratulations Kiss!
Main Street Getting What it Deserves
Banks are picking up the pace in lending to those who need it: small businesses and entrepreneurs. The Fed’s mis-guided policies have fattened the coffers of Wall Street and the well connected for far too long. With the end in sight for QE bank lending is beginning to go where it belongs, into the hands […]
Off to Wyoming for More Skiing and Less of This
One of my clients splits his time between Florida and Wyoming. He skis and collects cars. He never complains about state taxes. The successful residents of NY, NJ, and CT may want to follow his lead. Gallup shows us why: Residents of New York, New Jersey, and Connecticut are the most likely of any state’s […]
Where Did Everybody Go?
Illinois Governor Pat Quinn and House Speaker Michael Madigan want to tax the rich even more. But the successful or those that create jobs are leaving the state. The WSJ reports: All of which makes it an ideal moment to consider how the Quinn-Madigan policies are working. One way to judge is to compare Illinois […]
How Investor’s Are Getting Strong Armed
You need to sit up and pay attention. As if managing money weren’t hard enough already, there’s some fine print I want you to understand. The issue is whether your investment advisor/broker works under a fiduciary or suitability standard. There’s a big difference between the two. When you work with a broker, he is guided […]
10 Freedom-Crushing Aspects of the Income Tax
My Cato friend and tax policy expert Chris Edwards breaks-it down for the policy makers: Here are 10 freedom-crushing aspects of the income tax that policymakers should tackle: 1. Complexity and Ambiguity. Certainty in the law is a bulwark against arbitrary and abusive government. But there is no certainty under the income tax because it […]
Small Business Profile: Island Creek Oysters
Becky and I are familiar with the Island Creek success story because good friends of ours live in Duxbury, MA and hang-out with the founder and CEO Skip Bennett. If you like oysters, then you’ll love Island Creek Oysters. What’s great about Skip’s incredible story is that it was his desire for independence that drove […]
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