Obama spoke this week during the State of the Union: “Let’s set party interests aside, and work to pass a budget that replaces reckless cuts with smart savings and wise investments in our future. … It’s not a bigger government we need, but a smarter government that sets priorities and invests in broad-based growth.” He […]
February 13, 2013
Last night’s State of the Union was focused on more of the same, spending, although redefined as investing. The plan never changes, the words do. Government spends/invests, government creates, paid for with higher taxes, and in the end it’s just more debt. One of those areas in the plan which has again been reintroduced is […]
February 12, 2013
Pelosi Sunday morning on Fox: “We have to make a judgment about what, how do we get growth with jobs, that is where the real revenue comes from. You don’t get it by…cutting your education and cutting back on investments in science and National Institutes of Health, food safety, you name it. So, it isn’t […]
January 30, 2013
Jay Carney spoke about the Q4 .01% GDP contraction: “There is more work to do and our economy is facing headwinds, and that is Republicans in Congress. It can’t be we’ll let sequester kick in because we insist tax loopholes remain in place for corporate jet-owners. It’s not a game, it’s the American economy.” This […]
January 30, 2013
Bloomberg: “U.S. stocks fluctuated between gains and losses, after benchmark indexes climbed to a five-year high, as data showed the economy unexpectedly shrank last quarter. Amazon.com Inc., the world’s largest Internet retailer, jumped 4.5 percent after reporting gains in sales and North American operating margin. Chesapeake Energy Corp. surged 7.2 percent as Chief Executive Officer […]
January 28, 2013
NYP: “The city’s hedge-fund executives are flying south — and it’s not for vacation. An increasing number of financial firms, especially private equity and hedge funds, are fed up with New York’s sky-high city and state tax rates and are relocating to the business-friendly climate in Florida’s Palm Beach County. And they’re being welcomed with […]
January 28, 2013
The no tax states are looking very healthy today. We looked at some of the corporations which have pulled a Mickelson in California; Ebay, Wells Fargo, Rockwell Collins, Legacy Electronics, Hyundai Capital, MVM Tech, Fallbrook Tech, Chevron, EDM Labs, Tickets.com, Claim Jumper, Capital One, Kairak, Callaway Golf, Bubba Gump, SumTotal Systems… In 2010 204 companies […]
February 14, 2013
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