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Archive for April, 2011

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CPI Quotes from Jeffrey Hirsch

Wednesday, April 20th, 2011

From page 10 of Jeffrey Hirsch’s Super Boom: Why the Dow Jones Will Hit 38,820 and How You Can Profit From It* comes this quote regarding inflation: The U.S. Department of Labor’s Bureau of Labor Statistics (BLS) has tweaked and manipulated the Consumer Price Index (CPI) so many times over the past 30 years or […]

Alan Blinder Doesn’t Like Paul Ryan’s Plan. Big Surprise…

Tuesday, April 19th, 2011

Today’s WSJ contained an opinion piece by Alan Blinder trashing Paul Ryan’s Budget Plan. At the end of these opinion pieces is usually a little blurb about the author. This is what it said about Mr. Blinder: “Mr. Blinder, a professor of economics and public affairs at Princeton University, is a former vice chairman of […]

I Saw This on Facebook…

Monday, April 18th, 2011

I saw this on facebook this morning and thought this was kind of humorous: “Give back…” Question: What did they take that would require them to give back? I never thought much about the phrase “give back,” until AFM reader, Jack, said something about it a few months ago. Oh, and if people want to […]

Arthur Laffer: The 30-Cent Tax Premium

Monday, April 18th, 2011

From this morning’s WSJ: The 30-Cent Tax Premium. Arthur Laffer claims that all the compliance and work that goes into paying our federal income tax, adds 30-cents to each dollar paid in taxes. He calls it a compliance markup. His solution (which sounds like what I have been advocating): A tax reform to a simple […]

President Obama’s Deficit Speech

Friday, April 15th, 2011

I found the transcript for Obama’s deficit speech. You can read it here. Interesting snippets: …after Democrats and Republicans committed to fiscal discipline during the 1990s, we lost our way in the decade that followed. We increased spending dramatically for two wars and an expensive prescription drug program—but we didn’t pay for any of this […]

Out of the Mouth of Babes (It’s Not Just Cupcakes)

Thursday, April 14th, 2011

The following is a guest post by my friend, Richard Rosso, a certified financial planner in Houston. Out of the Mouth of Babes (It’s Not Just Cupcakes) Richard M. Rosso, MS, CFP®, CIMA® “Kids say the darndest things,” Tammy Wynette. It’s a sincere honor to teach the future generations about money. Those under thirteen tend […]

Working on Taxes Today…

Wednesday, April 13th, 2011

I’ll be doing our taxes today. I’ve put it off long enough. This will be fun.

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