Thinking Clearly & Clearly Thinking

In Sharp Contrast

The contrast is striking between the befuddle, confused and inconsistent political leaders in both Washington and the capitals of the European Union when it comes to dealing with the economy, and the skill and focus of American business leaders when it comes to running their busi …

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No Government Welfare Needed

The Wall Street Journal article, "A New Gang Comes to Los Angeles: Solar-Panel Installers -- In Tough Economy, Homeboy Industries Trains Ex-Cons for Brighter Prospects" (February 14, 2009 ) is a heartwarming story; bravo! W …

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No More Pork; Fix The Recession

People, businesses and government spend money to buy goods and services. And they buy these goods and services from businesses -- small, medium and large. In our current recession, not enough goods and services are being bought from businesses to keep the economy expanding.

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Tom Daschle's Tax Problems

When it came to Tom Daschle's tax problems, it seems to me there were two possibilities: (1.) he truly made an error of oversight on an imputed income tax issue of a significant amount, or (2.) he knowingly thought he could get away without paying a material amount of income tax.

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Bipartisan Economic Stimulus

President Obama had asked that 40% of the economic stimulus package be tax reductions, and there be no pork in the other 60% spending that would complete the stimulus.

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Be Civil To Past Presidents

Personally, I'm glad we had President Bush at the time we did. I realize there are well-meaning people who disagree, and that's their right to do so. However, for those who continue to be mean-spirited and disrespectful, shame on you. You can disagree but still be civil.

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Department of Energy in France

Most European countries have high fuel taxes. The prices have traditionally been three to four times the U.S. price, with prices during 2000-2005 equivalent to $5.82/gal. During that same time, the U.S. had prices around $1.50/gal.

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Americans Filed 15 Million More Tax Returns in 2008

About 127 million people voted recently to elect our next president. But more people filed tax returns -- 155 million. Why don't those other 28 million people vote if they have the ability to file a tax return?

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Pursue Happiness; Earn Happiness

The verb "to earn" is a powerful concept. If you go to Google Translate and translate "to earn" into Spanish, French or Swedish, you get back a verb that means to win, to profit, or to serve, respectively -- all words which have much different meaning than "to earn" in English.

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Keep Government Out Of U.S. Healthcare

About 55% of people have their healthcare paid for by their employer, with very little visibility by the employee into total price.

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Nobel Prize in Renewable Energy?

I was dismayed to read Stephen Power's Wall Street Journal report about Energy Secretary Steven Chu (February 20, 2009 ).

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Dog Bites Stimulus Package

I hadn't realized it until I read Daniel Henninger's Wall Streer Journal opinon article, "Obama's 'Hair of the Dog' Stimulus" that the $8 per week tax credit called "Making Work Pay" is supposed to be the clever centerpiece of the $787 trillion stimulus plan, the self-des …

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Bank Rescue Options

I read Professors Hubbard, Scott and Zingales' opinion article (February 7, 2009 ) "From Awful to Merely Bad: Reviewing the Bank Rescue Options," and it made my head hurt to focus on all the opinions and facts.

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No Action Better Than Bad Action

Much of President Obama's narrative regarding the stimulus package is that "we must take action now before a bad situation will get even worse."

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Reform the Income Tax

It was exciting to read Professors Cole & Ohanian's Wall Street Journal opinion article (February 2, 2009 ) about "How Government Prolonged the Depression." I learned much from two authoritative people about lessons-learned t …

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Solve the Root Cause of Financial Crisis

It's been riveting reading and watching news report on the turbulent market and financial crisis, especially since my retirement savings are right in the middle of this crash.

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