Charlie Rangel is proposing lowering the corporate tax rate from 35% to 28%—a move that comes close to McCain’s proposal to lower it to 25%, but not so close to Reagan’s better proposal to lower it to 0%—while raising the top individual tax rate to 44%, applying on income over $200,000. One out of [...]
Archive for the ‘economics’ Category
Rangel on Taxes
Posted in economics, tagged taxes on November 15, 2008 | Leave a Comment »
Puzzling Juxtapositions
Posted in Politics, economics, tagged global warming, unions on November 15, 2008 | 4 Comments »
Have you noticed?
Obama won 52% of the vote—a “landslide,” according to the increasingly foolish mainstream media. California’s Proposition 8 also passed with 52% of the vote. Why is no one calling that a landslide?
Obama is said to have won because voters were concerned about the economy. But the stock market has plummeted [...]
Thomas Sowell on Obama and Biden
Posted in Politics, economics, foreign policy, law, tagged Obama on November 2, 2008 | 1 Comment »
He disapproves:
Barack Obama has the kind of cocksure confidence that can only be achieved by not achieving anything else.
Anyone who has actually had to take responsibility for consequences by running any kind of enterprise– whether economic or academic, or even just managing a sports team– is likely at some point to be chastened by either [...]
The Obama Market
Posted in Politics, economics, tagged Obama on October 27, 2008 | Leave a Comment »
I’ve been saying this for months, but let me get it on the record here: if Obama wins, the Dow Jones Industrial Average will be at 5,000 within a year. Jennifer Rubin:
Barney Frank and Joe Biden are the sodium pentothal of the Democratic Party. Biden told us to be afraid on national security. Frank [...]
The Criminal Campaign
Posted in Politics, economics, tagged Obama on October 27, 2008 | 1 Comment »
Evidence is mounting that the Obama campaign has encouraged illegal contributions by disabling features that link names to addresses and credit card numbers. Read the evidence here, here, here, and here, or you’ll find it hard to believe.
Forbes on the Financial Crisis
Posted in Politics, economics, tagged capitalism on October 27, 2008 | Leave a Comment »
In the best piece I’ve read on the market meltdown, Steve Forbes explains how capitalism will save us—if we let it.
Boo, Indeed!
Posted in Politics, economics, tagged Halloween on October 22, 2008 | Leave a Comment »
Joe the Plumber and Obama the Tabula Rasa
Posted in Politics, economics, tagged Joe the Plumber, Marxism, Obama on October 17, 2008 | 1 Comment »
Maybe, for the first time, the shape of the current race is becoming clear. Joe the Plumber asked Barack Obama about taxes; Obama said that he wanted to “spread the wealth around.” Now the Democrats are researching and attacking Joe, as if it matters who asked the question. What does matter is [...]
The Panic of ‘08
Posted in Politics, economics, tagged bailout, McCain, Obama on September 27, 2008 | 1 Comment »
I’ve been resisting commenting on the financial crisis, wanting to have a better understanding before saying anything. But last night’s debate frustrated me; John McCain let Obama get away with alleging that the problem was a lack of regulation, when in fact it was a combination of government directives and cronyism on the part [...]
New Spam?
Posted in Politics, economics, tagged bailout on September 27, 2008 | Leave a Comment »
From Quid Nimis:
DEAR AMERICAN:
I NEED TO ASK YOU TO SUPPORT AN URGENT SECRET BUSINESS RELATIONSHIP WITH A TRANSFER OF FUNDS OF GREAT MAGNITUDE.
I AM MINISTRY OF THE TREASURY OF THE REPUBLIC OF AMERICA. MY COUNTRY HAS HAD CRISIS THAT HAS CAUSED THE NEED FOR LARGE TRANSFER OF FUNDS OF 800 BILLION DOLLARS US. IF YOU [...]