Archive for October, 2008

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Bailout Fiasco Explained in Layman Terms

Statement of Barney Frank (D – MA):
“I want to begin by saying that I am glad to consider the legislation, but I do not think we are facing any kind of a crisis. That is, in my view, the two government sponsored enterprises we are talking about here, Fannie Mae and Freddie Mac, are not in a crisis.”

10Oct2008 | | 0 comments | Continued
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SKES or KISS?

The adage is ‘Keep It Simple Stupid’ not Simple, ‘Keep ’em Stupid’. This applies to Tax Laws and Governmental Regulations. Doesn’t it seem obvious that ‘the more intricate tax laws and regulations are made, the more inspired lawyers are to find loopholes’ ? In their simplest form tax laws should be enough to bring in […]

3Oct2008 | | 0 comments | Continued
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