It occurred to me this week that I had not heard much about the stock market since it started going south in January. So I perused the Internet and came across some interesting article headlines from times past: “Dow Falls Below 8,000: First Time Since ’03” (ABC News, Nov. 19, 2008) “Wall Street Cheers as […]
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I recall during the market and housing crash of fall 2008 that many savers were running from the stock market. As panic ensued, the strategy of “buy high, sell low” became commonplace, and those who stayed the path of regularly saving and investing in equities were viewed as risky and idealistic. This prompted me to […]
There is always a target for bad tax policy, and these days it seems to be the rich. Every scheme designed to raise tax revenue is usually based on taxing the rich more, taxing the poor less, and generally redistributing wealth so that society is fair. Sadly, however, the non-wealthy but frugal and hard-working citizen often […]
If Sen. Dianne Feinstein’s (D-Ca.) assault weapons bill is not enough of a kneejerk reaction to the Newtown shooting, Chicago is playing its part in contributing to the lack of common sense measures as well — by hurting its employee pension system. The board of Chicago’s Municipal Employees’ Annuity and Benefit Fund voted to divest […]
cialis online The stock market is getting a bad reputation these days. It waxes and wanes hour by hour depending on everything from who is elected president to the future of twinkies and cupcakes. Never mind that in the grand scheme of things, individual stock returns are really based on corporate earnings, and […]
buy cheapest viagra “150” height=”150″ /> Note: Guest blogger Kyle Buckley, a NCPA research associate, gives his thoughts on the Vice Presidential debate. The Vice Presidential debates last night were painful to watch, and the aftermath isn’t any more reassuring. Talking heads have focused relentlessly on body language and what should have been said, while […]
Today's highlighted the often-ignored plight of the U.S. fiscal cliff . Beginning in January 2013, $1.2 trillion of automatic, across-the-board cuts in discretionary spending will take place over 10 years, as directed by the congressonional “supercommittee” last November (yawn…remember them?). Of course, there is still time for Congress and take a serious look at what […]