“When did profit become a four letter word?”
A Nation of Fools by Peary perry (www.pearyperry.com) How the word ‘Profit’ get to be a four letter word? The dictionary defines the word … ‘profit’ in the following manner: “ the monetary surplus left to a producer or employer after deducting wages, rent, cost of raw materials, etc.: The company works on a small margin of profit.” So how is it that our current | Read More »
House Bill, by the Numbers
Total cost: $1.055 trillion New Taxes: $572 billion Cuts to Medicare: $426 billion Not included: $247 billion needed to stop Medicare payments to doctors from decreasing, pledged to be passed in a separate bill to keep this bill “revenue neutral” Pages: 1,990 The word regulation appears in the bill 181 times. The word fees appears in the bill 103 times. The word tax appears in | Read More »
New RNC Ad on ObamaCare Taxes
From the Obama Experiment. Taxes on your health plan, penalties for not buying one, and taxes on all sorts of health care services — all passed on to you, the patient.
New York State vs. Small Business
In any economic evaluation, you have to balance long-term goals and short-term goals in a way that will ultimately benefit the “Bigger Picture.” In other words, though it isn’t always the case, sometimes you have to sacrifice short-term prosperity in order to benefit greater in the long run. Recent decisions by New York State, however, seem to suggest a willingness on the part of the | Read More »
Paying for other people’s bad credit card habits.
Bluntly? Somebody else can do that. I’m not interested. Credit Card Industry Aims to Profit From Sterling Payers Credit cards have long been a very good deal for people who pay their bills on time and in full. Even as card companies imposed punitive fees and penalties on those late with their payments, the best customers racked up cash-back rewards, frequent-flier miles and other perks | Read More »
California: a bastion of sanity
Two quick news stories in California crossed my field of view in the past few days which I found, er, interesting, to say the least. First, if you ever happen to visit California and I happen to be in a car crash while you’re present, do not under any circumstances move me out of the car if you think the car might explode. If you | Read More »