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home : opinion

Blame it on the summer heat
It seems like hot summer weather brings out the dumbest comments and proposals. This last few weeks must have set a new record for stupid. Consider the following - presented in no particular order.
Wednesday, July 22, 2015 More...

Letters to the Editor
Wednesday, July 22, 2015 More...
The cult of preposterousity
Did you know Batman and Robin were lovers?

Me neither, but some professor overpaid $300K-plus at Harvard said so last week on Neo-leftist Propaganda Radio (NPR).

You hear some amazingly preposterous things on the social and commercial media these days. Another obscenely overpaid professor at some other 'leading university' said last week that white Americans should all 'commit suicide over slavery'. And he was white. I read that an illegal alien film maker has made a 'documentary' showing white people weeping with guilt over something called 'white privilege'. Another accuses white Americans of genocide against Native Americans, as though whites invented aggression and American Indian tribes had not already been conquering, enslaving, killing, raping and plundering each other for centuries before Wasichu ever made the beach.

Part of the problem here is the archaic and corrupt practice of tenure in universities. Firing a tenure-sheltered professor for babbling bigoted nonsense is more impossible than firing a union schoolteacher for demonstrated incompetence. Tenure makes academia the last institution in America where racism and other forms of asinine bigotry are not just protected, but outright encouraged and monetarily rewarded, as long as the targets are white, hetero or Christian.

The other part of America's overpaid idiocy problem is that increasing numbers of Americans spend their every waking minute contriving schemes of 'wealth redistribution', a perfumed phrase for the communist theft of money earned by some people to be given free to others. Call it 'scammer privilege'.

Wednesday, July 22, 2015 More...
Letters to the Editor
Wednesday, July 15, 2015 More...
Small business warns DOL overtime rule reduces paychecks
Washington, D.C. - The Department of Labor (DOL) is expected to issue a new set of rules that could dramatically change who is eligible for overtime payment and the National Federation of Independent Business (NFIB) cautions that the rule will result in significantly less management positions, higher labor costs and more paperwork, ultimately crippling employers and middle class workers across the country.

"The claim by the President that companies are skirting basic overtime laws and cheating their workers out of pay is simply false," said NFIB Senior Executive Counsel Beth Milito. "The anticipated revisions to the overtime rules will actually hurt the exact people the administration claims it is trying to help. Businesses will be much more reluctant to promote employees and hire salaried workers to avoid paperwork and lawsuits."

Wednesday, July 15, 2015 More...
The markets slipped on Greece
If you're a regular reader of mine, you know I've had my fingers crossed waiting for a major crisis. The last few months have me bored out of my mind. Thanks to Greece, we finally have a crisis. However, even with the scary headlines, the markets have barely budged. Greece is inches away from leaving the Euro, wiping out billions of dollars, and potentially causing a global crisis -- and the S&P 500 reacted with a yawn. What's it going to take to get a little bit of old-fashioned panic? When all this Greek drama started way back in the spring of 2011, the S&P 500 dropped more than 17 percent. That's a panic. When the markets are this reasonable and mature, it freaks me out a little bit.

Here's a quick recap of what the problem is: The Greek economy is very weak, and the Greek government can't pay its debts (which amount to 177 percent of their GDP according to Eurostat). So, the European Union (the EU) has been repeatedly bailing out Greece since way back in 2011. The EU is happy to keep throwing money at Greece - as long as Greece plays by their rules. But no country wants another country telling them what to do, especially when it involves doing very unpleasant things. Unfortunately, there are no easy answers to the problem. Here's a look at the options and ramifications for Greece and the EU as seen by a random financial advisor on the other side of the world.

Wednesday, July 15, 2015 More...

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