On bayonets and battleships

By: Frederick (Diary)  |  October 23rd at 05:41 PM  | 

Already, much has been made of the President’s comment about “horses and bayonets” during the foreign policy debate. The President was responding to Mitt Romney’s comment that the United States Navy is as small as it has been since our entry into the First World War. The President responded with the following (from the Washington Post): “Well, Governor, we also have fewer horses and bayonets,” | Read More »

No tax break to move jobs overseas

By: Frederick (Diary)  |  October 3rd at 11:06 PM  | 

I’m tired of hearing that companies get a “tax break” for moving jobs overseas. The President repeated this a couple of times during his dabate with Mitt Romney. I’ll buy dinner up to $500 for the first person to show me the section in the tax code that does this. Don’t bother, it doesn’t exist. Here’s what they’re really talking about (very simplified): It’s 1992. | Read More »