Category Archives: Economy

Pay for Performance- not for executives, it’s not!

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What a surprise- NOT!

I’ve said for years that the bloated, sky-high compensation proffered to corporate executives, the CEO pay, has nothing to do with corporate performance.  OK.  I apologize.  I have been wrong.

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Where credit is due?

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Everyone have to recognize one basic fact.  WE are not the customers of Equifax, Experian, or TransUnion.  That’s right- banks, credit cards, finance companies, employers- these are the customers of those agencies.  But, the credit reporting firms feel that they have no obligation to keep our information- stuff we NEVER authorized them to collect- secure.

Continue reading Where credit is due?

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What Can We Do About Taxes?

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Don’t you just love it that when the Democratic Party is in power, all the GOP can discuss is the increasing debt.  And, once the GOP takes power, they forget all about the debt and suggest a tax reduction for the rich that will add trillions of dollars to our debt and render the budget inflows to be a small percentage of the budget outflows.

Continue reading What Can We Do About Taxes?

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Income and Net Worth Increases at an all time high… NOT!

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Here we go again.   The US Government is trying to convince us how great the economy is booming.  Umm.   BS!   (I sure am tired hearing how a rising tide raises all boats.  Especially when the size of the boat affects how quickly and strongly that tide raises up the boats.)

Continue reading Income and Net Worth Increases at an all time high… NOT!

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Tax Reform? Maybe…

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Tax Reform is all the rage.  And, now that the fairy-tale land of budget reconciliation has terminated (it ended on 30 September, where items could pass with a simple majority- which means the Vice President could break any ties), our Congress will now get all hyped about lowering the tax burden  (I fear they will offer the rich a tax break, the poor more taxes, the middle class empty promises, and Christmas gifts for big business.  We’ll have to see what they really propose.)

Continue reading Tax Reform? Maybe…

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Have you done this yet?

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Here we go again.  Not only, as I’ve reported before, has TheDonald shortened the open season for PPACA (Patient Protection and Affordable Care Act, aka Obamacare), but he and his minions have been hard at work to prove that it is failing.  By making it fail- or at least continually trying to kill it.

Continue reading Have you done this yet?

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Oligarchy

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We all keep hearing that the Fed (the Federal Reserve) is confounded.  The economy is growing (albeit slower than they would like), but inflation- given the unemployment rates- is virtually non-existent.  And, what else is non-existent is a real rise in wages.

Continue reading Oligarchy

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