When it comes to ACA (Obamacare) good many people have offered up the “can’t afford it” argument in various flavors, many of which center around “deductibles so high people cannot afford to use the insurance.” I wanted to explore this, because mostly it isn’t true, or at best it is only true for a tiny slice of the population. As children we learn to say “I don’t wanna” and find out it only works some … The I Can’t Afford It MythRead more
ethics in income
Posted inInvesting / Thank You Sir May I Have Another
Ethics in Income Act
Many years ago we had news stories about someone occupying a chair at a major brokerage firm for six months while “ the board” searched for a fulltime candidate. After attending only a handful of meetings, this individual pulled the ripcord on a $360 million dollar golden parachute. Needless to say, the blue and white collar workers who had retirement accounts holding mutual funds managed by said brokerage firm were immediately crying foul. The brokerage … Ethics in Income ActRead more
Posted inThank You Sir May I Have Another
Wrong Bucket for the Job
For about a week now I have been hearing the Wall Street supporters saying “leave executive pay out of this package, deal with it later” while Wall Street engages in a massive sell-off to force Congress into a bail out. Yeah right. If there is a ruling on executive pay in this bail out package that will be the ONLY thing which benefits the ordinary taxpayer. Some of you have been long time readers of … Wrong Bucket for the JobRead more