Markets rallied, and as one headline stated, Ratemania!

| 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 […]

How prepared are we for the next economic downturn?

| November 13, 2018

After Monday’s selloff (see below), what lies ahead for the U.S. economy? That thought has some of seriously thinking the next economic downturn could come sooner rather than as expected … later. The sell off … "again" … has me wondering if we are prepared for the next recession? Is the U.S., or the world, […]

"A Complete National Disgrace" – Where is our nation headed?

| October 6, 2018

As we watch the Brett Kavanaugh hearing play out in the political circus that has become Washington DC politics, some Americans have lost sight that there are actual people and lives at the center of these hearings. Senate confirmation hearings were once straight forward, and usually concluded with a vote to confirm, if the appointed […]

A “new to me” addition to Parkinson’s Law

| May 6, 2018

Parkinson’s Law has a wide lattitude of application or perhaps abuse by those of us that do the same for Murphy, but I’ve heard it most often when referring to bureaucratic management and the perpetual growth of an organization. The adage goes that “work expands so as to file the time available for its completion.”  […]

What is Crony Capitalism?

| March 10, 2018

A simple explanation of crony capitalism in this Prageru video, but a challenging to stop corruption that exists with politicians running governments.

What is this GOP Memo thing all about in 4 minutes

| February 10, 2018

Here is the short take from the guys who wrote #thememo. No matter which political party is using the FBI, Department of Justice … or for that matter IRS or other agency … in order to stack the deck to achieve their favored political outcome, it has to stop. Those abusing power need to be […]

Financial markets continue down – DJIA off another 1033 points

| February 8, 2018

So much for the "good news" that tax cuts will eventually providing revenue by helping the economy grow. The "hope" is that over time the economy growing will put more people to work (it is) and that the snowball would eventually grow paychecks (it is) AND that we could begin to reduce our country’s yearly […]

A government shutdown and not over cuts or more spending

| January 21, 2018

We are dealing with a government shutdown once again. Our ineffective elected politicians in Washington DC can’t figure out how to work together in a way to even keep the federal government doors open for business … let alone do the actual work to improve the country without making someone suffer (those depending on a […]

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 […]

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 […]

A three day reprieve on Tax Day, but …

| April 18, 2017

… the IRS bite feels just the same.

It is time to get serious about working on and filing taxes

| April 2, 2017

The beginning of April is one of my least favorite times of the year … tax time … but for a couple reasons, next year should be better. This is the last FULL year to file for MomH and her trust return. We should see lower tax rates for 2017 (if retroactive?) Republicans are advocating to simplify […]

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 […]

The morning or mourning after: Trump wins, Clinton concedes

| November 9, 2016

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 […]

A new book to read from Fox News host Juan Williams

| April 21, 2016

I would have put the title of the book in the subject line, BUT it is a long one: We the People: The Modern Day Figures Who Have Reshaped and Affirmed the Founding Fathers’ Vision of America … whew! Title aside, I’m really looking forward to readings Juan Williams thoughts on the impact on America […]

Learning the New American way of Life in the Obamaconomy

| February 8, 2016

It is well past time that we elect representatives with a little more commonsense than the ones who churned out “feel good” public assistance help from Washington DC and many state houses. They love handing out “other people’s money.”  Perhaps they think of themselves as do-gooders and either, don’t see or don’t care, that  the […]

How are you doing in the Obama economy?

| September 23, 2015

No doubt the American Dream is slipping away from the middle class, but a quick look a few graphs below depicts an even more dismal image of a nation in decline. Is it too late to turn our country around? Let’s hope not!   Unfortunately too many regulations, thousands of laws, taxes on taxes and […]

Counties in Ohio continue to stealthily raise Sales Taxes

| July 27, 2015

Small business owners who regularly collect sales tax on their goods and services might not be quite as enamored with the “economic rebound” being boasted about in Ohio. While I do support Gov John Kasich and realized he does not have direct impact on counties needing to find more tax revenue, the tax shifting in […]

Top 20% of Earners Pay 84% of Income Tax #WSJ

| May 8, 2015

The bigger the federal government grows and the longer the tenticles reach into business and personal lives, the slower our country grows. What will it take for Americans to recognize that our country grows and lifts every citizen when the ambitious and innovative are not thwarted by Uncle Sam at every turn?  Besides limiting the […]

Did you know? The ONLINE Ohio DMV is #1 in the country

| March 13, 2015

It is the time of year I need to pay the $54.88 (ST $31 + Local $20 + service fee) to renew my Ohio registration fee for each vehicle and affix the tiny stickers to my aging metal license plate. The process in recent years is far easier with the online registration (so long as […]

How about putting ALL that health care savings into a 529 plan?

| 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 […]

Pension plans continue to fall behind as stock market gains

| January 10, 2015

One would think that a “rising tide lifts all boats” when it comes to gains for financial markets, but that is not the case for conservatively managed U.S. pension funds. The strong stock market returns during 2013 and 2014 have helped most individual investors recover from the 2008 financial collapse, so as long as they […]

Do you know what your student loan repayments are used for?

| 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 […]

The State–Obama Democrats vs Kennedy Democrats

| December 9, 2014

One wonders if today’s Democrats blindly following President Barack Obama and his administration’s goal of “fundamentally transforming the United States of America” even remember what it was like to support a leader who understood our democracy?John F. Kennedy knew what it was to believe and fight for the words and principles which founded this country. […]

Obamacare remarks from Jonathan Gruber draw media scrutiny

| 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). […]

Teach your children well–the correct U.S. Constitution perhaps?

| November 2, 2014

Who would have thought that as a Reagan conservative I would be referencing the the 1970  Graham Nash song and lyrics as a warning to “teach your children well” (or children to teach parents, as the song goes) when it comes to the U.S. Constitution and the Bill of Rights (do you remember when Walter Mondale […]

Does a generous welfare benefit create a work disincentive?

| July 10, 2014

I listened to a debate on CNBC on Wednesday morning featuring Princeton economics professor Alan Krueger discussing the problems of long term unemployment which lead to Joe Kernen suggesting there are financial disincentives to taking entry level jobs … the kind of work the unemployed need to gain experience. Krueger discounted that people weigh the […]

Over-regulation deters small business entrepreneurship

| May 11, 2014

Fox Business anchor Stuart Varney comment, in between his entertaining persiflage with Don Imus, struck a chord with me as he highlighted the failures of the Obama administration’s big  government policies — regulations that are killing small business entrepreneurs. Stuart Varney with Don Imus (MP3) – May 2014 As someone who started a someone “traditional” […]

Michael Bloomberg on the Feds actions and wealth inequality

| May 2, 2014

Love him or hate him, billionaire “business magnate, politician and philanthropist” Michael Bloomberg clearly understands the effect the Federal Reserve has when it comes to pumping money into the economy. So simple and so true when it comes to who benefits the most from government trying to solve business and wealth inequity problems. He is […]

Happy Tax Day — April 15th! Where does the money go?

| April 15, 2014

Heritage.org

If you hate paying taxes, move to Wyoming or Alaska

| March 23, 2014

Wallethub compared how average families from each state when it comes to paying taxes … how does your state look? According to their color coded map, the brighter red your state, the more you pay; conversely, the greener your state, the lower your taxes, and brown puts you somewhere in the middle. If you hate […]

Don’t forget to “spring forward” for DST this weekend

| March 8, 2014

We’ve changed the Federal DST law quite a few time (surprised me) and I learned a few more things about Daylight Saving time this week … starting with that there isn’t an “s” on the end of “Saving” … duh! Daylight Saving time, or its abbreviation "DST" was an idea first proposed by Benjamin Franklin […]

Balancing liberty and big over-reaching government

| February 15, 2014

Although I have a libertarian slant to my political philosophy, the wars and struggles in the Middle East demonstrate why our country need to maintain the appropriate balance between freedom and over reaching government. An article in the WSJ on Friday is a reminder that the threat from terrorists, cartels, gangs and other countries is […]

More on what the Obama administration chooses to shutdown

| October 6, 2013

In a previous post, I commented on the Obama administration choosing to shutdown U.S. memorials and parks in what many perceived as unnecessary. It is obviously that it is purely politics when it requires more federal workers and costs more to close sites like the World War II Memorial and the Lincoln Memorial (never closed […]

Citizens unnecessarily annoyed during government shutdown

| October 3, 2013

Although I’m not a big fan of the “goings on” in Washington DC, particularly the current government shutdown … but I’m really frustrated to see political elements doing their darnedest to make it even more uncomfortable for everyone. Most news watchers are aware of the brouhaha over the WW2 Memorial this past Wednesday, where World […]

The government shuts down and they are not even talking

| October 1, 2013

Once again our dysfunctional federal government reared its ugly head and made many of us wonder why we continue to send money to Washington DC?  The taxpayer continues to be squeezed by our bloated bureaucrats who can’t seem live on the nearly trillion dollars we send them each year — it’s ridiculous!   From my […]

Our Federal Government: more waste, fraud and abuse

| August 26, 2013

Wasteful government spending is nothing new, nor is the corruption and abuse by companies and recipients siphoning off our hard earned tax dollars. What is new is a much bigger federal government and the addition of bunches of new programs and the seeming disregard for responsible oversight that comes with a “bigger government.” It is […]

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.