RUEFUL . . . AND EVEN A BIT TRUEFUL
This Saturday Night Live skit takes a long time to load if you’re on a dial-up modem, but on my machine eventually did load and began playing.
Can we rely on the media conglomerates to make media conglomeration the important topic of discussion it should be? Click here.
Dave Neal: ‘Do you know how the current bush plan to eliminate tax on dividends would affect CIRA/401k accounts? It would seem that ‘tax-free’ dividends would still be be taxed when withdrawn. This would actually penalize retirement accounts!’
☞ True. But Citigroup CEO Sandy Weill would save $6 million a year (to take just one example), so it all evens out.
Quote of the Day
On the day of the 1983 economic summit, James A. Baker 3rd, then chief of staff, realized Mr. Reagan had not read his briefing book. When Mr. Baker asked why, Mr. Reagan responded, 'Well, Jim, The Sound of Music was on last night.'~Professor Herbert S. Parmet reviewing President Reagan: The Role of a Lifetime
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