RichC | October 2, 2024
The government under Biden/Harris has been totally irresponsible when it comes to spending. They’ve shown zero interest in working towards a balanced budget and have put us another $2.3 TRILLION dollars further in debt (they are spending way more than they collect in taxes). Of course there’s nothing new to this fiscal malfeasance … it […]
RichC | June 15, 2024
While clearing a few photos off my iPhone 7 Plus due to limited storage space this week, I decided it might be nice to archive a few photos … so “leftovers” from the week sounded like a good idea for this post. First, Brenda wanted a few new hooks for mops and things in the […]
RichC | April 2, 2024
The humor may be dark, but each time I think the Republican controlled Congress (although barely the majority) might be trying to curtail the excessive spending or the heavy-handed policies enacted by President Biden or progressive Democrats, they fail due to infighting amongst themselves. It is ridiculous just how dysfunctional these “roaring” Republicans are as […]
RichC | August 7, 2022
While discussing the “will it” or “won’t it” Inflation Reduction Act being pushed by Democratic leadership in Washington DC as a way to replace the failed 2021 Build Back Better spending plan by President Biden last week, I figured digging into the details might prove better than spewing left or right talking points. The bill […]
RichC | May 13, 2022
FoxBusiness/WSJ graphic For the good or bad, whenever I’m away from my daily routine, it seems like the financial markets lose stability and investors go into crisis mode? The past couple of weeks, those invested in stocks, bonds and crypto know that it has been painful; there have been very few refuges from the sharp […]
RichC | April 13, 2022
It is hard to stand by and watch the wasteful spending, bloating of government and divisive polices streaming from our Federal government in Washington DC this past year. Unfortunately there seems to be no stopping the progressive Democrats in Congress who push their leftist agenda, followed by a constant stream of poor decisions from President […]
RichC | February 21, 2022
Although the artist wasn’t mentioned, Ohio Republican Congressman Jim Jordan tweeted out an impressive painting this afternoon. Happy Presidents’ Day.
RichC | January 8, 2022
It feels like we are obliviously sailing on the Titanic and ignoring a financial storm on the horizon. We know that there is a debt iceberg ahead and yet have convinced ourselves that the United States is unsinkable … and so … continue our TRILLION dollar money printing and our unsustainable spending ways. Congress spends […]
RichC | October 9, 2021
If you think about it, the IRS will probably need far more than another $80 BILLION tax dollars to hire enough agents to track and follow up on every American who has a bank account or transaction over $600? A major component of President Joe Biden’s plan to raise revenue to pay for his trillions […]
RichC | January 7, 2021
For red, white and blue flag waving, National Anthem honoring, military respecting patriots … who believed in the traditional values that founded this country … January 6, 2021 was a tough day. The election in Georgia for control of the U.S. Senate, the last line of defense for Republicans, went to the two Democrats Raphael […]
RichC | April 21, 2020
As the United States and the world prepare to open society in phases after well over a month of stay-at-home orders due to the Coronavirus, the debate between those who see the health risk as too high and those who fear a full on economic collapse (world wide depression) continues. Several states are seeing protests […]
RichC | March 24, 2020
It has been good to be distracted with a painting and bookshelf project while "staying at home" these last few days. Unfortunately the COVID19 Coronavirus doesn’t look to be disappearing or dissipating as quickly as we were all hoping … so it looks as if we’ll be struggling to figure out how to not only […]
RichC | December 19, 2019
How does a “relatively open minded” politically moderate to conservative American see the impeachment of President Trump? I pay relatively close attention to the news … and politics since it is a big part of our news nowadays … AND with three years of quarrelling and intense dislike for President Donald Trump by his political […]
RichC | February 27, 2019
As far as news goes, one would think that the biggest news of the day would be a second summit meeting between North Korean leader Kim Jong Un and President Donald Trump. It was only two short years ago that “little Rocket Man” was firing missiles over Japan and testing his nuclear weapons … and […]
RichC | November 28, 2018
The Dow closed up 618 points on Wednesday after the Federal Reserve chief Jerome Powell indicated that "interest rates are just below the neutral level that neither aids or hinders economic growth." Investors looking for something positive as they wait hoping for some good news during the G-20 meeting between President Trump and China’s Xi […]
RichC | November 4, 2018
Americans are finally working again and the U.S. is once again the place for businesses to expand, hire, give raises and grow. For all the questionable rhetoric from the far right and left extremes … and yes, from President Trumps’ "tweets" and biased media reporting … the actual governing under his administration and a GOP […]
RichC | December 18, 2017
While waiting for the predicted Tuesday vote on the GOP Tax Plan that has been anticipated ALL year, it is looking like it might actually get done in 2017. It has not been easy or as simple as many of us wanted “Tax Reform,” but the corporate tax cut will make the U.S. more competitive […]
RichC | December 15, 2017
Another record high on Wall Street as once again the financial markets believe the Republicans in congress will finally get promised tax reform across the finish line. Even if Democrats see some benefits (many agree US corporate taxes are too high) they haven’t contributed in the GOP plan; they likely will continue to oppose anything […]
RichC | 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 […]
RichC | 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 […]
RichC | October 21, 2015
It looks like Rep Paul Ryan is open to running for Speaker of the House “if” all the political components in the Republican party can unite. In today's divided congress (not just Democrats and Republicans), this will not be a small task. I personally hope that this Miami grad (MU Ohio) will be able to […]
RichC | February 24, 2015
CEO Steven Mollenkopf spoke with Maria Bartiromo on Sunday Morning Futures this past weekend about his company Qualcomm Inc. ($70.94 -0.58 -0.81%) and dealing with taxes and low interest rates impact his business decision making. About taxes, Mollenkopf commented that the high current U.S. corporate tax rates (graph below) encourage investment and job creation overseas […]
RichC | January 28, 2015
After 6-years of saving $2,500 each year on our “unchanged plan” or greatly improved “21st century” Obamacare health care plan, Democrats in congress and President Obama have made it possible for average Americans to have now amassed $15,000 (6 yrs x $2500) … no thanks to those Republicans voting against it (#sarcasm). And since getting […]
RichC | January 21, 2015
After taking notes during the State of the Union address I went to bed disgusted rather than hopeful … even though I knew in advance the direction President Obama would be saying in his address. Call me sentimental or just hopeful, but I really thought that after the mid-term elections where, “make no mistake, his […]
RichC | January 3, 2015
In keeping with tradition this time of year, Lake Superior State University (LSSU) has released their “banished words” for the 40th year. The nominees totals “tens of thousands” but were narrowed down to 800 of the most annoying words and phrases in 2014 before giving them to the committee. Yes a few were appropriate for […]
RichC | December 14, 2014
A discussion between the host and guest on CNBC this week concluded that instead of saving college students money on their student loans that the government was using the repayments in other areas amounting to BILLIONS of dollars – ie. $19 billion for deficit reduction and Obamacare! It seems the take-over by the Federal Direct […]
RichC | December 7, 2014
And the war with Japan began … To the Congress of the United States: Yesterday, Dec. 7, 1941 – a date which will live in infamy – the United States of America was suddenly and deliberately attacked by naval and air forces of the Empire of Japan. The United States was at peace with that […]
RichC | November 15, 2014
Some of the political hot-potato news this past week was related to self described “off the cuff” comments from MIT’s Jonathan Gruber a respected health economist. He helped craft President Obama’s health care law and was captured on video commenting about the “stupidity of the American voter” and suggesting the law was passed dishonestly (NYTimes). […]
RichC | October 30, 2014
The left, the media and even mainstream Republicans had me convinced that Senator Ted Cruz was not a viable candidate to put on the national ticket … and that his ideas were “just too radically conservative” for today’s America. BUT … listening to him for 6 minutes (below) on CNBC’s Squawkbox this morning, I’m not […]
RichC | August 8, 2014
Even after the Sandra Fluke plea to congress over free birth control, is hard to believe the 2700 pages of Obamacare overlooked including feminine sanitary products? [/sarcasm] Tweet from noted feminist Jessica Valenti: Twitter friends: Anyone know a country where tampons are free or somehow subsidized? — Jessica ValentiJessica Valenti (@JessicaValenti) August 8, 2014
RichC | August 4, 2014
While reading President Obama’s comments in The Economist, the same class-warfare ire continues to be flamed for those who believe those living in the United States are against each other: Poor vs. wealthy, CEO vs. employee, ambitious vs. entitled, black vs. white, Democrat vs. Republican, etc. Isn’t it possible that those CEOs and corporations being […]
RichC | June 15, 2014
As civil society’s long drawn out war on terror or GWOT continues dealing with Islamic terrorist organizations like al-Qaeda, the U.S. struggles in an effort to wind down military involvement and to leave political stability in Iraq and Afghanistan. After reading many of the biographies, political and history oriented books being published, I’ve gained better […]
RichC | March 12, 2014
I keep thinking that something has got to give in Washington DC when it comes to the how the Obama administration and many in congress bog down the greatness of our country. The lack of an economic recovery is hurting the middle class and there isn’t a commonsense reason for it. Take the debate over […]
RichC | February 21, 2013
Really … something has to change in Washington DC. We’re borrowing TRILLIONS, yet the President jets around playing golf while the first lady and family heads to Colorado on vacation. Sure it only MILLIONS … In the another branch of our govenment, they pass reams of laws, bicker about raising more revenue (taxing us), pretend […]
RichC | December 28, 2012
Those old enough and wise enough to know how the sausage is was made in Washington DC have noticed a change in recent years. Politicians of different stripes and philosophies are no longer coming together for the common good … and the lack of a leader (aka: POTUS) willing guide congress is shocking. Here we […]
RichC | July 11, 2012
For those wondering about the government’s Constitutional power to tax as it relates to “Obamacare,” here’s an excellent history lesson OpEd. In 1935, Secretary of Labor Frances Perkins was fretting about finding a constitutional basis for the Social Security Act. Supreme Court Justice Harlan Fiske Stone advised her, “The taxing power, my dear, the taxing […]
RichC | June 28, 2012
It was a big news day on Thursday and by now all who were interested in hearing the Supreme Court’s conclusion are no doubt tuning-out the overwhelming amount of news and opinion … that is unless you are celebrating this as a victory. I personally was surprised by the court’s ruling and am now wondering where […]
RichC | April 19, 2012
RichC | March 4, 2012
We’ve all heard the “kicking the can down the road” metaphor as it relates to those we elect to govern the country and manage our tax contributions (or mismanage as the case may be). I’ve been trying to educate myself on one component my parents and my wife’s parent rely on – Medicare. I suspect […]
RichC | January 18, 2012
Against my inner voice telling me not to bother, I wrote to my congressmen yesterday regarding the Stop Internet Piracy Act (SOPA) and Protect IP Act (PIPA). There are areas that I agree with and understand, but also way too many areas that will impact what most of us appreciate about the Internet. As written, […]
RichC | November 22, 2011
Even if you’re not a CNBC watcher or someone who focuses on the financial markets each day, you may have heard of Rick Santelli and his rant in 2009 during the peak of the U.S. financial bailouts. I included the clip in a post which many believed may have spurred the Tea Party movement (some […]
RichC | November 21, 2011
The financial markets responded negatively Monday morning to the general conclusion that neither Europe or the U.S. can come to agreements over out of control spending. The congressional super committee charged with coming up with a solution telegraphed failure this weekend as neither Democrats or Republicans seem interested in compromising their positions. I ask you, […]
RichC | November 4, 2011
I had a brief, but friendly, discussion with a client who’s political views are 180 degrees apart from mine. We chatted about the role of government and eventually settled on a discussion around the problem of funding campaigns and lobbyist gaining influence in our government – something we both agreed was a problem. He was […]
RichC | October 1, 2011
I saw a CNBC interview with Warren Buffett the other day and didn’t realized just how twisted the “tax the rich” ideas had become. I’m not saying that I agree with either Warren Buffett or President Obama’s new tax proposals, BUT I was surprised to have them being reported as nearly one in the same […]
RichC | July 21, 2011
While Americans wait and watch politicians haggling in Washington DC, the stock markets seems to be banking on a deal. Mid day on Thursday, the NYTimes mid-day reported that President Obama and Speaker of the House John Boehner were close to a deal … only to have Whitehouse spokesman Jay Carney quickly say that there […]
RichC | June 6, 2011
Over and over again, “men” in powerful positions repeatedly show little self-control or respect for their elected positions (or their families) while serving in congress … or governorships or even as President. Today, the week long scandal involving Rep. Anthony Weiner (D-NY) and his Twitter account and the tweeting of images of himself to a […]
RichC | April 6, 2011
The fiasco in Washington DC over the 2011 budget, legislation that should have been passed last year by the previous congress is coming to a head once again. Some think we’ll see another extension delay tactic, but entrenched politicians are getting louder and seem to be unwilling to compromise. There are those wanting to cut […]
RichC | February 16, 2011
Now that President Obama has delivered his 2012 budget, many conclude (even the President’s own Fiscal Commission), that there is a lack of leadership coming from the Whitehouse in dealing with America’s compounding debt. Obviously the problem isn’t going to go away without some control over how much money the US government spends and borrows, […]
RichC | November 2, 2010
Just for the fun of it I’m tracking the election tonight as the results come in. My early gut call is that the Tea Party groups will run many of the incumbent Democrats out of office and give Republicans the House of Representatives. In fact, I’m not really following the House race and believing it […]
RichC | September 24, 2010
Although I may offend some of my hardcore conservative Tea Party friends, I’m in agreement with Charles Krauthammer and enjoy his his columns and commentary (“offend” – in reference to his comments regarding Tea Party favorite Christine O’Donnell) I appreciate his bright and intelligent arguments … from a conservative point of view … and was […]
RichC | September 24, 2010
I was somewhat irritated to hear that comedian Steven Colbert was invited to speak to a congressional subcommittee… in character… about illegal aliens living, working, committing crimes and and basically leeching off US citizens. It did sound like a ridiculous way to spend taxpayer dollars (estimated at $125,000/hr), but in retrospect might be an effective […]
RichC | July 20, 2010
Politicians in Washington DC seem to spend more time looking to gain political points on the back of those who are jobless than fixing the problem … part of which they, big government, creates. The Republicans in attempting to turn the focus on fiscal responsibility want to see and extension of unemployment benefits ‘paid for’ […]
RichC | March 22, 2010
As the the Democrat’s health care bill passes under less than optimum circumstances, tempers and emotions flare in both congress and between citizens of our nation. My representative, the Honorable John Boehner, lead the Republican minority in a valiant fight, in this case speaking for the majority of people across our nation (video below). Unfortunately […]
RichC | March 19, 2010
Personal Opinion post: I’m attempting to be understanding of those with different political philosophies than myself as they relate to reforming health care. That said, I can’t imagine those who support progressive social and economic re-engineering of our nation even stomaching the shenanigans currently going on in Washington DC? At times like these, it may […]
RichC | January 8, 2010
President Obama, for all the “hope and change” that was promised, seems to have no problem with the lack of openness and transparency being demostrated under his tenure. Obama’s promises of “openness” are empty … or perhaps only apply when concerning Republican leaders? For many, President Obama is a bigger disappointment than his predecessors because […]
RichC | October 29, 2009
For those citizens trying to follow the political goings on in Washington DC, it is irritating to trying to figure out just what is being debated and discussed by those we elect to “do the people’s business.” The current health care debate and varies bills being proposed in the House and Senate are prime example […]
RichC | September 29, 2008
It was a rough day on Wall Street, but nothing like it will be if they aren’t able to pass a bill to keep money flowing in the U.S. When paychecks are no long being cashed and layoffs start occurring in full force, their will be blood. For most, the losses are currently just on […]
RichC | September 28, 2008
As I watch a bit of news before bed early Sunday morning, congress negotiators look to have come up with a ‘bailout’ plan. The whole group of leaders are walking out smiling at 12:28 AM and Nancy Pelosi announced that they have a “package to stabilize markets” and “protect citizens and taxpayer.” They still need […]