Listen carefully to the debate over the Bush tax laws and you will hear the real way politicians in Washington see the world. Democrats and Republicans, it doesn’t matter. Democrats say the richest Americans need to pay the government more taxes. Most say the people who die need to pay more estate taxes. But, it’s Read the full article…
The big compromise supposedly struck with Obama on taxes was good negotiating by Obama. He turned a $300 billion tax deal for those making over $250M a year into a trillion dollar stimulus bill. Sorry, GOP, you have become the vestiges of George W. Bush, redux. Now, the Democrats are trying to reject Obama’s deal. Read the full article…
Billions are flooding out of municipal bonds in the last few weeks. What does the smart money know that we don’t know? Not being a smart money guy, I can only speculate. My guess is they know the cities that issue the bonds are in trouble. A friend tells me the Lansing(MI) school district is Read the full article…
