Author Archives
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Privatize Unemployment Insurance
There is a raft of insurance out there for homeowners, pets, renters, travelers, and victims of floods, fires, theft, terrorism or earthquakes. There’s even insurance if you lose your cellphone or your microwave breaks. There is errors and omissions insurance,… Read More ›
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Unemployment Insurance: The Ugly Truth and The Ugly Abuse
The Ugly Truth Let’s put the myth to rest…you do not pay anything into unemployment insurance in California. Your employer is the only one taxed for unemployment insurance. Now wait a minute, before you all go whipping out your pay… Read More ›
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Truth Through Omission
‘Truth through omission’ is not lying. It is answering a question without providing all of the necessary information an individual would need to make an informed choice. It is the politician’s front line tactical weapon of their trade. In the… Read More ›
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The Coming Foreclosure Tsunami & Our Elected Madhatters
Was away for a few weeks for work and took a short vacation. Let’s get back to it… There is an excellent post on a blog I have been following for years, the Irvine Housing Blog. The IHB has been… Read More ›
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Update: Cash-For-Clunkers
My post on the Cash-For-Clunkers program can be found here. I felt that a list of the unintended consequences should be posted separately, so here they are… Our Losses A perfectly good asset is destroyed. New car prices go up,… Read More ›
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A Message From The Children: Enough Already!
When I was a child, politicians often said that this or that was “for the children.” Taxes are being raised to add firefighters or police “for the children.” Teachers unions get better health care, secure higher salaries, increase early retirement… Read More ›
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Government Death Panels or Goat Sacrifices? You decide.
Death Panels? No, the bill does not use the term, “Death Panel.” If you were trying to convince Americans to sign up for a program where more of their paychecks would disappear in taxes, would you really use the expression… Read More ›
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When will we be happy to pay too much?
This morning on CNBC there was a report on consumer spending and Wal-Mart reporting better than expected earnings. To my surprise Target is also doing very well. Target carries nicer/more expensive product that Wal-Mart but cheaper than other higher end… Read More ›
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Government Health Care: The Birth of Socialism?
I think it is. War & Peace has about 1,200 pages. The government healthcare plan is 1,017 pages. It is passing through Congress with record speed and you just have to wonder, have any of them actually read it? If… Read More ›
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Cash for Clunkers: A Program to Scrap
Hot off the bad idea assembly line, and direct from the unintended consequences warehouse, our government has cobbled together yet another ridiculous idea in their drunken stumble of an effort to revive the economy. So let’s consider what is really… Read More ›