Business & Economics
Business & Economics
FOR STATE BUDGET, NOTHING TO ‘LIKE’ ABOUT FACEBOOK IPO
Facebooks stock price is currently hovering just above its all-time low. Shares have lost nearly half their value since they hit the market in May. The social networks executives, employees and investors arent the only ones disappointed by the stocks underperformance. The state of California was hoping for roughly $2 ...
Business & Economics
The Policy Value Gap, Part 1: A Fiscal Perspective
In the spirit of Jimmy Carter, an economic malaise plagues the country. Rather than being the product of a fundamental flaw in our economic system, though, the current stagnation is mainly the result of the nations misguided economic policies. The federal governments response to the financial crisis of 2008 was ...
Business & Economics
Brown should go back to idea of a flat tax to help economy
Gov. Jerry Brown just signed bills finalizing California’s budget and closing the Golden State’s $16 billion budget deficit. But the governor’s budget is contingent on voters approving a proposed $8.5 billion tax hike at the ballot box this November. If they don’t, some $6 billion in spending cuts will go ...
Business & Economics
Arthur B. Laffer: Right to work, wrong to tax in California
Gov. Jerry Brown just enacted a $91.3 billion budget measure to close California’s $16 billion deficit. After pleading with legislators to approve billions of dollars in spending cuts, he’s asking voters to approve major tax increases in November. If they don’t, some $6 billion in cuts would take effect in ...
Business & Economics
Bankruptcy may be only way out for cities, states
The problem in the public sector is that government never is allowed to fail. There never is a day of reckoning no matter how poorly government provides its so-called services I recently documented how the state’s pro-union attorney general, Kamala Harris, crafted an unfair and dishonest title and summary for ...
Business & Economics
Bond Holders Seek Governmental Transparency
Once upon a time buying a municipal bond was considered a safe bet. A decent rate of return with little risk – just the thing for junior’s college fund and grandma’s retirement account. But that was before Standard & Poor’s downgraded the U.S. government’s credit-worthiness, sending shock waves through the ...
Business & Economics
Obama Defends Bailouts, Handouts and Cop-Outs
State of the Union addresses provide insight into the vision of America embraced by the president, and in that regard Tuesday’s address by President Barack Obama didn’t disappoint. He envisions a country where the federal government protects and creates union jobs and where the public sector is leading the charge ...
Business & Economics
Stop Rewarding Irresponsiblity
During the State of the Union, President Obama called for a new era of responsibility, and declared that there will be “no bailouts,” yet he offered a supposed solution for the ongoing mortgage crisis that rewards irresponsibility by promising even more bailouts for “underwater” homeowners. The president blamed the nation’s ...
Business & Economics
T2AR: The Second American Revolution
The American people are in a restive state resembling the mood of their ancestors two 60 new Representatives in the largest election wave since 1948. In a Wall Street Journal/NBC News poll released on October 13, 2011, 74% of Americans believe the nation was “off on the wrong track.” If ...
Business & Economics
Getting Serious About Ron Paul
I can’t forgive myself for voting for Arnold Schwarzenegger for governor during the 2003 recall. I selected a “winnable” loser rather than Tom McClintock, a principled conservative who knew what policies to pursue to right California’s sinking fiscal ship. If everyone who voted for Schwarzenegger under the belief that McClintock ...
FOR STATE BUDGET, NOTHING TO ‘LIKE’ ABOUT FACEBOOK IPO
Facebooks stock price is currently hovering just above its all-time low. Shares have lost nearly half their value since they hit the market in May. The social networks executives, employees and investors arent the only ones disappointed by the stocks underperformance. The state of California was hoping for roughly $2 ...
The Policy Value Gap, Part 1: A Fiscal Perspective
In the spirit of Jimmy Carter, an economic malaise plagues the country. Rather than being the product of a fundamental flaw in our economic system, though, the current stagnation is mainly the result of the nations misguided economic policies. The federal governments response to the financial crisis of 2008 was ...
Brown should go back to idea of a flat tax to help economy
Gov. Jerry Brown just signed bills finalizing California’s budget and closing the Golden State’s $16 billion budget deficit. But the governor’s budget is contingent on voters approving a proposed $8.5 billion tax hike at the ballot box this November. If they don’t, some $6 billion in spending cuts will go ...
Arthur B. Laffer: Right to work, wrong to tax in California
Gov. Jerry Brown just enacted a $91.3 billion budget measure to close California’s $16 billion deficit. After pleading with legislators to approve billions of dollars in spending cuts, he’s asking voters to approve major tax increases in November. If they don’t, some $6 billion in cuts would take effect in ...
Bankruptcy may be only way out for cities, states
The problem in the public sector is that government never is allowed to fail. There never is a day of reckoning no matter how poorly government provides its so-called services I recently documented how the state’s pro-union attorney general, Kamala Harris, crafted an unfair and dishonest title and summary for ...
Bond Holders Seek Governmental Transparency
Once upon a time buying a municipal bond was considered a safe bet. A decent rate of return with little risk – just the thing for junior’s college fund and grandma’s retirement account. But that was before Standard & Poor’s downgraded the U.S. government’s credit-worthiness, sending shock waves through the ...
Obama Defends Bailouts, Handouts and Cop-Outs
State of the Union addresses provide insight into the vision of America embraced by the president, and in that regard Tuesday’s address by President Barack Obama didn’t disappoint. He envisions a country where the federal government protects and creates union jobs and where the public sector is leading the charge ...
Stop Rewarding Irresponsiblity
During the State of the Union, President Obama called for a new era of responsibility, and declared that there will be “no bailouts,” yet he offered a supposed solution for the ongoing mortgage crisis that rewards irresponsibility by promising even more bailouts for “underwater” homeowners. The president blamed the nation’s ...
T2AR: The Second American Revolution
The American people are in a restive state resembling the mood of their ancestors two 60 new Representatives in the largest election wave since 1948. In a Wall Street Journal/NBC News poll released on October 13, 2011, 74% of Americans believe the nation was “off on the wrong track.” If ...
Getting Serious About Ron Paul
I can’t forgive myself for voting for Arnold Schwarzenegger for governor during the 2003 recall. I selected a “winnable” loser rather than Tom McClintock, a principled conservative who knew what policies to pursue to right California’s sinking fiscal ship. If everyone who voted for Schwarzenegger under the belief that McClintock ...
