Tag Archives: Rant

The Detroit Bankruptcy Should Teach You that Nothing is Guaranteed with your Finances

We are years away from understanding the full impact and consequences of Detroit’s recent decision to file a Chapter 9 Bankruptcy.  There will be lawsuit after lawsuit and motion after motion to determine what and how the Courts will handle the Country’s largest municipal bankruptcy.  The current estimates have us at about $18 Billion debt… Continue Reading

First Thing You Need to Understand When You Want to Open ANY Business…

I was talking to a colleague the other day who happened to open up a restaurant when he reminded me of the most important thing to understand and know before you start ANY business.  It wasn’t the point of the conversation, but it came out pretty quickly.  I know it will sound trivial and rudimentary,… Continue Reading

Should Tax Money Be Used to Stop Consensual Sex?

I can’t figure out why adult consensual prostitution is illegal.  If two consenting adults want to boil down their brief relationship encounter to an exchange of dollars for “services” why should I care?  Is it breaking down the moral fibers of society? If so, shouldn’t society be broken considering it is known as the world’s oldest… Continue Reading

It Makes Perfect Sense that the Rich Benefit More from Deductions!

The Los Angels Times recently reported that the richest households are getting the majority of “tax breaks” and deductions built into our tax code.  Their article is based on a CBO Report titled, The Distribution of Major Tax Expenditures in the Individual Income System. First thing is first, I think it reprehensible that a non-partisan… Continue Reading