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I thought it humorous at first and then downright sad as I witnessed the foolishness and uselessness of our elected officials in dealing with the economic crises they have inflicted on our country. The latest is the AIG debacle, as they purport to attempt retrieval of $165 million in bonuses they knew about months ago that are protected under wording of the amendment they passed for the bailout. ...more
March 21, 2009
Joan Atkins of Palm Harbor says Americans should be wary of "cradle-to-grave micromanagement" of health care by the federal government. ...more
March 21, 2009
The Democratic-led House overwhelmingly approved a bill today to slap punishing taxes on big employee bonuses from AIG and other firms bailed out by taxpayers. The vote was 328-93. "We want our money back and we want our money back now for the taxpayers," said House Speaker Nancy Pelosi, D-Calif. ...more
March 19, 2009
The Internal Revenue Service issued guidelines Tuesday that will allow relief and refunds for some Bernard Madoff victims who were taxed for investment earnings that turned out to be nonexistent. ...more
March 17, 2009
Paying Twice
March 17, 2009
As they prepare to open a two-day meeting Tuesday, Federal Reserve policymakers are weighing whether to launch new programs or expand existing ones to spur lending, get Americans spending again and lift the country out of recession. ...more
March 16, 2009
Billionaire investor Warren Buffett had some sage advice for Washington the other day. ...more
March 15, 2009
Blair Blew It If Brian Blair ever wanted to continue on in the field of politics he has really blown his chances of it ever happening again. ...more
March 14, 2009
As a Spring Lake resident and member of the golf club, purchase of the club by Spring Lake Improvement District looks like a good deal. It will cost half as much as the alternative land purchase as mandated and save the taxpayers as much. I have yet to meet anyone opposed to this purchase and suggest anyone who is to find out the facts. It is not unusual and in fact common for a community to own a golf course. This purchase could only enhance the property owner's interest in our community. ...more
March 14, 2009
Cash-strapped taxpayers got unwelcome news this week when officials speculated solid waste assessments may go up - and even double - because of delays to the expansion project at the county landfill. ...more
March 13, 2009
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