Tuesday, September 28, 2010

Good News for Investors

Finally, we have some good news for investors. Robert Herz has resigned from the FASB (Financial Accounting Standards Board). Why is that important? He and his cronies were responsible for pushing the economy off the cliff with their experimental mark-to-market regulations that made it impossible to bring companies like Lehman and AIG back from the brink. The repeal of mark-to-market in 2009 was the single biggest factor in the recovery we've seen in both the stock and bond markets. This is part of the Political Common Sense for America series.

Thursday, September 23, 2010

Racial and Gender Hiring Quotas

Dodd and Frank once again slide a special interest rider into a mega bill. Section 342 of the new Wall Street Reform and Consumer Protection Act imposes both gender and racial employment quotas on the financial services industry. This will cost taxpayers over $58M annually and companies over $4B annually. It's also racial and gender bigotry. The is part of the Political Common Sense for America series.

Sunday, September 19, 2010

Founding Fathers - Brilliance or Luck?

This segment examines the motivation of the Founding Fathers. Currently, many political groups are using the writers of the Declaration of Independence and the Constitution as symbols of what we want to strive for, but do we really understand their motivations. Was the success of these documents brilliance or luck? This is part of the Political Common Sense for America series.


Thursday, September 9, 2010

Rick Scott's Political Balancing Act

The two party system just isn't giving us any real options come November. The Florida Gubernatorial Republican primary left us with what looks like a solid conservative candidate in Rick Scott. Look a little deeper and you have to ask yourself, "Is he any different than the people we're complaining about right now?" I don't think so! This is part of the Political Common Sense for America series.

Wednesday, September 8, 2010

Who's Crossing the Border?

Pew Research recently showed data suggesting that the number of illegal border crossings has been cut in half. Now my question is, who is still making the trip? Bad guys of course! This is part of the Political Common Sense for America series.

Tuesday, September 7, 2010

Is President Obama an economic Idiot

As President Obama announces potential tax cuts to businesses, you have to ask yourself, "Is he an economic idiot?" This proposal is all hype and political maneuvering. Congress can't make this happen and even if they did it still doesn't create the right long term effect. What we need is to eliminate corporate tax completely and forever. This will bring back corporate investment, repatriate offshore profits, and put people back to work.

Wednesday, September 1, 2010

Pledge of Allegiance

What does the Pledge of Allegiance mean to you? This video investigates the meaning of the words and how it might help us come together as one America. This is part of the Political Common Sense for America series.