| Oct 9, 2013 | Economy / BusinessThe debate over America’s federal budget is getting stale — and getting us nowhere, as the latest government shutdown depressingly reminds us. Political obsession over budget deficits has now morphed into legislative extortion. Today, more than ever, we need to...
| | Economy / BusinessNow that Wall Street Rules mankind, We need banks Of a different kind. It used to be the manufacturers who ran the country — steel, autos, appliances, and the like. The president of General Motors, Charles Wilson, is remembered best for having a comment he made...
| Oct 8, 2013 | Economy / BusinessThe Scottish writer Thomas Carlyle called economics “the dismal science.” He was only half right. Dismal, yes, but a science, no. Economics is more like a religion, in which reality is shaped by belief or blind faith. And, in the case of free-market...
| Oct 2, 2013 | Economy / BusinessA hundred years ago, on October 3, 1913, President Woodrow Wilson signed into law the first modern federal tax on income. John Buenker has been writing about the events that led to that signing for a good bit of the last 50 years. His 1985 book, The Income Tax and the...
| | Economy / BusinessOur tax money As it stands, Oft ends up In private hands. These economically challenging times haven’t ended the golden deals every level of government offers business. State and federal statutes remain loaded with these giveaways. They include grants,...
| Oct 1, 2013 | Economy / BusinessSomeone should make a movie about JPMorgan and title it: “Bankers Gone Wild.” Not long ago, America’s biggest Wall Street Empire was hailed as a paragon of financial integrity. Not now. JPMorgan has been assessed record fines of nearly a billion...
