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A lower corporate of return on investment tax rate will create jobs because currently worldwide investment capital is flooding into China because they have ultra low corporate tax rates. When you invest in a company you have to take all things into consideration. Like how much potential profit and how much of that profit is the government going to skim off the top of my return on my investment. China Read More
The economist's problem does not matter. As long as American's buy more from off shore entities than from within we lose. The race to the bottom is a capitalist's dream...meaning of love every CEO on the planet. They would love to have us all living in company houses buying from the company store again. There is no national allegiance in the board room. They don't care. If Goldman thought it could do Read More
Not just climate research...politics at work should not be in any science. Science, if done well, is done as objectively as possible. It's impossible, of course, to keep politics totally out, since doing experimental scientific research requires outside funding. Some great scientists I worked with before were able to do science on their own budget, but unfortunately, this is rare and mostly for theoretical Read More
As usual when I read the end of heartache WSJ boards I am depressed by the posts (and annoyed that I pay for my subscription and the most blather comes from non-subscribers). So, here is my analysis of the Gordian Knot: some folks continue in their righteous indignation to point out the useless: their is a surplus (all gone). Just raise taxes and cut this or that and the wonderful plan will continue. Read More
Now that we have all these new rules that apply to a bank's capital strength will Timmy perform another stress test? These new rules remove some of the, call them what you want, assets capital from the calculations that Timmy used in his previous test. The auto dealers escaped the bill I guess because Obama owns the auto companies and he does not want the public to know that auto dealers get a kick off Read More
Greg, this is a distinction without a finding meaning in life. Admit it: you're justifying abortion. In a Christian moral posture, human life is sacrosanct. The unlawful taking of a life is murder. Your reliance on the free wil of the adult to justify the taking of the life of the innocent unborn child has no basis in Christian reasoning. You take this position at peril of your soul. Do you give no value Read More
Well, at least on surface, Chinese government is exercising its right as the owner of these banks. The four major banks dominate Chinese banking sector, they're owned by the government. Regardless how to start exercising you see the bank bailout, what irks me the most is the fact that even after the bailout, the US government acts as if it's afraid to take on the banks, I mean, for crying out loud, you're Read More
I do wish if you are going to write such an article that you would at least get the FACT STRAIGHT. Listen very carefully the ETS did NOT repeat did NOT determine that someone else took Rose's test. If you had read teh final NCAA report on the issue you would have found that the OFFICIAL position of the NCAA is that Rose DID TAKE HIS OWN TEST. When the ETS invalidated the test it had NOTHING to do with Read More
How Stupid are you Peggy? Under H.W. Bush the nation went into a large defict that it took Clinton to get us out of and when he left office he had us in the positive thinking tips with a surplus to last the decade. Then came jr. war, war, war. spend, spend, spend, and not on the American People. He gave Billions to our enemies or anyone that for the moment would help him. Now We have a president that Read More
After a couple of bone-headed and just plain wrong articles on Credit Cars and Debit cards in the WSJ and it's sister publications, this piece is welcome. My college student son has a credit card default card with automatic payment through his school credit union. It is an important step to learning to control finances and spending. The Debit cards are very dangerous in these times of highjacked accounts Read More
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