National Socialized Banking?
Posted under General on September 25th, 2008 by Bruce Morlan
So we have banks that are “too big to fail”? Then perhaps they are too big to be free market driven? Perhaps they are too big to be anything other than “conservative as a banker“? Boy, that’s an old saying that surely has changed. Republicans are conservative. Republicans should be conservative about their finances, moderate [...]
I’ll see your pain, and raise your taxes $5B
Posted under General on September 23rd, 2008 by Bruce Morlan
$5B is a lot of money, but it is apparently something the DFL would like to collect to support lots of little project and pet concepts. You’ll be seeing that number, $5B ($5,000,000,000.00) a lot in the next months. But enquiring minds wanted to know … where does it come from? Well, we found the [...]
But what’s the total cost … ?
Posted under General on September 17th, 2008 by Bruce Morlan
Business people understand the phrase “total cost of ownership“. It’s what they calculate before they buy a new asset. It means they have not only estimated the purchase price, but also the cost of the maintenance, expendables, taxes and other not-so-visible costs. Many a small town has been sucked down the rabbit hole because their [...]