With the President’s approval of FDA plans to squelch advertising and promotion of cigarettes to kids last week, CNN interviewed a North Carolina tobacco farmer. What would be the impact of the new regulations?
“Devastatin’. Just devastatin’” came the reply.
I’m not making fun of his drawl — I am a total fan of the […]
“I try to live below my means (and invest the surplus in no-load, low-fee mutual funds) … but my 13-year old Honda needs to be replaced (with a late-model used car). Through my credit union, I can obtain a share-secured 2-year loan at 4.5%…meanwhile, the shares earn 3.8%. I do realize that the 3.8% dividend […]
From Don Steinhart: “I have enjoyed reading your column on the Ceres homepage for about 6 months now. However, in the comments from the past few weeks, I see that you obviously have an agenda you are trying to accomplish by bashing Dole. I respect your opinions, and even though we don’t agree, you are […]
From Tom Hintz: “Now that your true colors have come out (a dyed-in-the-wool bleeding heart liberal), I need to correct you on just a couple of points. (To try and refute all of your points would be more of a waste of my time.) To start with, look at a graph of capital gains tax […]
Lots of good mail from last week’s comments on the Dole tax cut proposals. Before moving on to other subjects (Wednesday: when it makes sense to turn down a 4.5% credit union loan; Thursday: tobacco stocks and A Time to Kill), I wanted to take a couple of days to share the response.
I won’t […]
Sounds fair, doesn’t it? Just cut taxes 15% across the board. Rich, poor, black, white — whatever.
But one effect of Dole’s 15% tax cut would be to widen the already vast and rather worrisome gap between rich and everyone-else in America.
For a high-income type like me in the 39.6% bracket, a 15% cut […]
My ophthalmologist’s optician’s grandfather came to this country from Greece. To New York. This is a great country, and he got a job digging. They were building the New York City subway. Before World War I.
He was young. He spoke no English. He didn’t know what the hell they were doing, he was just […]
The last couple of days I’ve been trying to figure out how Bob Dole would balance the budget by slashing government revenues and spending more on the military.
This certainly is not the platform on which he was running in the primaries.
But let’s take him at his word — that he really plans to […]
Correction: If you bet $20 on the “birthday trick” as I suggested last week, you’re likely to lose. Oops. You don’t need 20 people for a 99% likelihood of winning, as Mark told us; you need 59 or 60. For the odds to be 50/50, you need about 23. Thanks to Keith Burdick, Toby […]
Did you hear Bob Dole’s acceptance speech Thursday night?
Under Clinton, close to 10 million new jobs have been added to the economy (versus essentially none during the Bush years) even as the federal payroll has been cut to levels not seen since the Kennedy years and the deficit — enormous during Reagan/Bush — has […]
Quote of the Day
Market economics as currently practiced often ... includes only what's countable, not what counts.~Rocky Mountain Institute
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