Volkswagen wants incentives for diesel cars removed in Germany

| December 11, 2017

After years of leading the "clean diesel" push and getting their hand slapped for cheating on emissions testing, Volkswagen looks to be giving up on fossil fuel or at least diesel cars. In fact according the New York Times, VW wants the German government to phase out subsidies they lobbied for for years that favored […]

Using journalistic integrity when reporting on President Trump

| November 7, 2017

Ethics in journalism, particularly political content, continues to disappear as the line between editorializing and reporting is blurred. Most who consume "their" brand of NEWS recognize there is truth to the sarcastic #FakeNews hashtag on social networks and President Trump’s regular "tweets" complaining about how his administration is treated by the #MSM (Main Stream Media). […]

Financial Friday: Income tax simplification #taxcuts #taxreform

| November 3, 2017

On Thursday, the long awaited Republican tax reform plan finally saw the light of day after most political and financial watchers haggled over the unknown details most of this year. President Trump has made tax reform and cuts as his centerpiece agenda as essential to growing the economy and stimulating job and wage growth for […]

Why be cautious with such hot financial markets, corporate tax cuts around the corner and the promise of tax reform?

| October 13, 2017

The early 1980s were challenging as manufacturing headed overseas, inflation ate up the buying power of every dollar and the cost to borrow was at an all time high. In fact, Brenda and I were giddy to have acquired a 12% mortgage on our first house in 1982 because our friends were applying for new […]

So what is your plan for social security and retirement?

| October 7, 2017

A friend of mine is receiving his first social security check this month and so I’ve been doing some reading on the subject (it is a long way off yet for me … just in case readers had me already over-the-hill!) One of the biggest concerns for those nearing retirement and doing calculations is that […]

Nothing like disasters and tragedy to test a new president

| October 5, 2017

One may have thought that the divided nation after the election and political chaos in putting together an administration that worked well together would have been the biggest challenge for the unconventional President Donald Trump when it comes to being POTUS, but after the last 30 days you would be wrong. The president has faced […]

Which corporations stand to benefit the most with a 20% tax rate?

| October 4, 2017

A little bit of research highlights which of the Dow 30 companies benefit from corporate tax reform and which one are currently better at working the existing complex tax code. Company Ticker Median effective income-tax rate – past five reported quarters UnitedHealth Group Inc. US:UNH 40% Home Depot Inc. US:HD 36% Verizon Communications Inc. US:VZ […]

A quick look at the new Trump Admin tax reform plan

| September 28, 2017

President Trump will roll out his administration’s tax reform plan on Wednesday, seeking reductions in both the corporate and individual income tax rates, while doubling the standard deduction. The plan would cut corporate taxes from 35% to 20%, while dropping the top individual tax bracket from 39.6% to 35% and collapsing the current seven brackets […]

The NFL football protests have an unpatriotic aftertaste

| September 26, 2017

Since I’ve been watching the Ken Burns and Lynn Novick PBS Vietnam War 10-part series, it is not surprising that once again that some in the United States have an issue over perceive inequities (or something). Unfortunately peaceful protestors again take it out on those wearing a uniform? Very sad … one would think that […]

At least with the ACA we all have affordable healthcare #sarcasm

| September 7, 2017

Obviously the "promises" made by the Obama administration, and the Democrats who passed the Affordable Care Act (ACA), have failed us … and the current GOP controlled congress have failed to fix, repeal or replace (their promise if elected). Who in middle class America can afford health insurance at $1000/mo with a $12,900 deductible?  As […]

Music Monday: Want-to-be politician Kid Rock – Born Free

| August 7, 2017

Musician Robert James Richie, better known as Kid Rock, is planning to make a run for the U.S. Senate in Michigan (kidrockforsenate.com) according to a tweet last month and news reports. His music speaks to many who love freedom and America the way many in middle of the country enjoy it. He might just be […]

Is the government sector overpaid or private sector underpaid?

| August 3, 2017

Just one more irritation as to how politicians spend tax dollars … and line their own pockets. For the past couple of decades, the private sector has been struggling … particularly the blue collar worker and mid to lower management employees. Pensions are non-existent, benefits eliminated and health care for the private sector a nightmare!  […]

It seems inevitable gasoline and diesel taxes will go up

| June 13, 2017

There was a time when I thought I could count on Republicans who now control the House of Representatives, Senate and Whitehouse in Washington DC to reduce taxes — how naïve of me. The latest going around is how "gasoline and diesel taxes haven’t been increase in years and how they need to go up […]

Rethinking our National Debt while still encouraging growth

| June 4, 2017

From a small business perspective, excessive debt is near the top for reasons entrepreneurs fail in business. In my experience there are bankers and leasers with terms in the lenders favor, but not in the borrower’s favor. Bankruptcies are harmful not only to the person and family going through the ordeal, but on the creditors […]

New book: White Working Class by Joan C. Williams

| May 16, 2017

The Kindle ebook reader is my preferred choice ever since getting my "own" ereader. My buddy Jeff has found a new way to entertain me … gifting Amazon books (this one for my birthday). I sense that he assumes everybody reads as much as he does? I assure you that I do not … but […]

Investors sure do love to hear about tax reform and tax cuts

| April 26, 2017

What a start to the week for the stock market! There is optimism that something "will" get done with taxes, unlike #RepealAndReplace legislation. The news is that President Donald Trump will be unveiling his proposal to cut corporate taxes on US companies’ foreign profits and slash the top tax rate has investors in the "buy" […]

Rep Tom McClintock (R-CA) weighs in with Neil Cavuto

| April 5, 2017

As California Congressman Tom McClintock (R-CA) excogitated his ideas and explained the slow progress of repealing and replacing Obamacare with Neil Cavuto, he quoted one of his late fellow Californians, Paul Masson, "We will sell no wine before its time." How apropos to healthcare reform (listen or watch below). That wasn’t the only smart saying […]

Economy and robust 1st quarter 2017 for stock market

| April 1, 2017

The “Trump Rally” as many have dubbed it, provided investors with solid quarterly gains as a brighter economic outlook offset the lackluster Washington DC agenda which has become bogged down in politics.  Investors still believe job growth, better corporate financial returns and tax cuts will over shadow the Fed “applying the brakes” in the form of higher […]

A timeline of US immigration from theSkimm

| March 13, 2017

The US has been going through immigration policy mood swings since the American Revolution. At first, only “free white persons” can become citizens. And over the next several decades, immigration (mostly from Europe) is fairly free flowing, because Thomas Jefferson and friends want more people to come party in the USA. In 1868, an NBD […]

FoxBusiness is growing because of talent like Maria Bartiromo

| March 2, 2017

This kind of interview and polite exchange with Jason Furman is what make Maria Bartiromo one of the best in the business … and why FoxBusiness is beating CNBC. They are now the business news powerhouse … not to mention their sister channel FoxNews had more viewers than any other network during President Trump’s speech […]

It looks like there is hope for America #Millennials

| February 28, 2017

Spotted this on my Facebook feed (was posted in 2016). *Video: millennial speaks out

Paying to exercise a constitutionally protected right

| February 22, 2017

Should municipalities and states charge citizens if they exercise a constitutionally protected right?  On the surface, most of us would say "no way" should a city or state charge US citizens to "vote," "worship" or to "speak freely" … but that’s what some politically left leaning cities and states do to those who own firearms. […]

Presidents Day: Leaving behind debt (as a share of GDP)

| February 20, 2017

Happy Presidents Day … if you can still smile after the lack of discipline and leadership.  

Debating political spin, fake news, lies and misleading the public

| February 19, 2017

Having been around journalists and the media most of my working life, I disagree with the broad brush of many who paint them as "knowingly biased and of misleading the public." Most reporters, professional journalists, aspire to gather and report the relevant facts with the purpose of getting a story correct and providing the facts […]

Federal Income Taxes – what changes are in store for 2017?

| February 16, 2017

Unless you’ve had your head in the sand pile, you know that there is a shake-up happening in Washington DC since the election of President Donald Trump and his taking office less than 1 month ago. Much of the economic optimism seen by new records on Wall Street, job incentives and both interest rates and […]

Nicki Bluhm and an appropriate song for our political state

| February 8, 2017

Nicki Bluhm continues her image as someone who fit better in the 1960s and 70s (a time before she was born), than someone rising in popularity nowadays. I’ve enjoyed her music, and Van Sessions with The Gramblers, from the beginning and continue to appreciate her talent … and love the sound. This new folk music […]

President Trump and Andrew Jackson – a comparison

| January 31, 2017

Is there a comparable president to Donald Trump? People say President Donald Trump is unique in U.S. history, yet a few who study presidential history say it is not entirely true. Doug Wead, a presidential historian, compares President Trump to Andrew Jackson, as he did shortly after the November 2016 election on "Happening Now" with […]

Can the Federal Government find political balance?

| January 26, 2017

My answer: Rarely does the pendulum find the middle. Neither the fiscal or social policy balancing coming from Washington DC makes much sense to me. There have to be moderates who see validity in each others positions? Rather than the black and white collisions between the liberal Democrats and the conservative Republicans’ points of view, […]

What photo is most vivid in your mind for 2016?

| December 31, 2016

The last several years MyDesultoryBlog has highlighted "banished words" from the list Lake Superior State University (LSSU), who puts together a list at the beginning of a new year (and probably still will in early January)? This year we’ll end we’ll end 2016 with a couple memorable photos. The first being serious, and second … […]

Debt, Bankruptcy and Loan Forgiveness — a personal rant

| December 15, 2016

Forgiving debt and bankruptcy options aren’t new, but those of us who strive to "play by the rules" often feel like suckers when it comes to bureaucrats playing fast and free with tax dollars … or with OPM. While it is understandable that our society wants to be compassionate and lend a helping hand to […]

The morning or mourning after: Trump wins, Clinton concedes

| November 9, 2016

Closing in on a president-elect Trump at 2AM

| November 9, 2016

They won’t call it, but it is all but a shoe in for America’s next president … Donald J. Trump. Since both Clinton and Trump are in NYC, here’s the current New York Times website front page. Good night all and hold on for a wild financial market ride tomorrow.

One last uncomforting look at our presidential choices

| November 6, 2016

As someone who politically grew up at a time when Ronald Reagan instilled optimism in America and in Americans, I am disgusted and embarrassed to to watch and vote for the “least worst” person running for president. On this coming Tuesday, or for many mailing in absentee or early voting, we’ll be doing just that […]

Nothing like NYTimes Page A21 to inform readers #sarcasm

| November 2, 2016

While I suspect a Thursday post to be about game 7 of the World Series between the Cleveland Indians and Chicago Cubs (let’s just call them the comeback kids now that they have won the last 2 games and have tied the series up), I’ll post an election observation and get my bias media post […]

Halloween evening. Waiting for Trick or Treaters

| October 31, 2016

Just capturing a beautiful autumn sky as the Trick or Treat gang gets ready to make their rounds in the neighborhood this quiet Halloween night. Let’s hope I have enough candy as I’m giving out 5-bar packs tonight! (the last photo below I saw on Twitter … Brenda said I couldn’t share it when "Baby […]

Skimm-ing Ohio as the 2016 presidential election nears

| October 25, 2016

Looking at Ohio in the presidential election from theskimm.com distance: OHIO DON’T LIVE THERE, DON’T CARE. If you had to bet on who’d win in November, hang out in Ohio first. The state’s voted for the winner every year since 1964. WHAT DO I NEED TO KNOW? That if the US held up a mirror […]

Trying to keep a sense of humor about the upcoming election

| October 23, 2016

It has NOT been an enjoyable campaign season … a very long year and a half! Citizens of voting age in the United States (see Twiitter comment below) voluntarily head to the polls to decide who they want or more appropriately DON’T want as their president for the next 4 years. I doubt I’m alone […]

Ugly election, Middle East unrest, Economy – October surprise?

| October 18, 2016

Maybe it is just me being a little nervous, but there are a lot of potential triggers for panic. The craziest presidential election I’ve ever seen, a stock market that has risen longer than average between recessions (with tepid economic growth), unrest in the middle east (of course always on fire) and both the Chicago […]

What is with the cryptic Wikileaks 64-character messages?

| October 17, 2016

Rumors are swirling that something or someone has started triggering the Wikileaks "Deadman’s Switch," which has been put in place if something should happen to founder Julian Assange.

Everybody thinks they are an economist … including me!

| October 16, 2016

I love simplicity … so when tossing around political footballs, I generally join the team that at least "attempts" to simplify government and taxes. I’m not naïve enough to believe it will ever happen or even work well, but after filing personal (for friends and family), organizations and business taxes for years, it would sure […]

Desultory - des-uhl-tawr-ee, -tohr-ee

  1. lacking in consistency, constancy, or visible order, disconnected; fitful: desultory conversation.
  2. digressing from or unconnected with the main subject; random: a desultory remark.