Change the Left believes in… ====== WSJ 8/29/2016 As President Obama ends his second term, he’s leaving plenty of political parting gifts. The latest is a 35% single-year increase in the federal budget deficit, and a rising trajectory of spending and debt as a share of the economy. Hillary Clinton’s campaign promise of more “stimulus” spending next year suddenly looks a lot more... Read more
Archive for the ‘Big Govt’ Category
Who’s in Kahootz with Who?
June 18 | Posted by mrossol | Big Govt, LawMore citizens need to ‘push back’. ========= WSJ 6/17/2016 A seedy side of American law is the widespread collusion between the plaintiffs bar and government prosecutors, who trade contingency-fee lawsuits for campaign contributions. Now the contingencyfee arrangements are getting a legal challenge in Texas, where a citizen says they are unconstitutional. The government of Hunt County, Texas claimed that Kirk Grady was storing a... Read more
A Crooked World Needs Panama
April 10 | Posted by mrossol | Big Govt, Law, Tax Issues, Western CivilizationCouldn’t say it any better. ============= WSJ 4/9/2016 So far the one certain crime, in the so-called Panama Papers scandal, is the theft and distribution of a Panamanian law firm’s private property, its confidential documents. With the U.S. government railing this week against the Pfizer-Allergan deal, even the media might notice that the world’s convoluted tax codes actually incentivize people legally to hold... Read more
Ah, But You Should Have Asked Sooner…
April 8 | Posted by mrossol | Big Govt, ObamaCareLet me know if this surprises you… ===== WSJ 4/8/2016 By Justin Haskins Legislators in Arkansas, New Hampshire, South Dakota and elsewhere have spent the past three months considering whether they should expand Medicaid under the terms of the Affordable Care Act, or renew their previous commitment to do so. But new projections by the Congressional Budget Office (CBO) and Joint Committee on Taxation... Read more
Yale’s Tax Endowment
March 29 | Posted by mrossol | Big Govt, Democrat Party, Tax IssuesWell, well, well. ======= 3/29/2016 O ur guess is that most Yale University professors are proud to be progressives. Well, they are now getting the chance to live their convictions as Connecticut Democrats attempt to soak Yale’s rich endowment. Facing a $220 million budget shortfall, Democrats in Hartford have proposed taxing the unspent earnings of university endowments with more than $10 billion in assets.... Read more
