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Former Chairman of CAIR (The Council on American-Islamic Relations), Omar Ahmad: “Islam isn’t in America to be equal to any other faith, but to become dominant. The Koran should be the highest authority in America, and Islam the only accepted religion on earth.” British Imam Anjem...

People scream hysterically about the economic mess we're in without taking the time to look at how we got here. The collapse of the US economy began in 1999 when Congress passed (overwhelmingly by Democrats and Republicans) the repeal of the Glass-Steagall Act that had, since 1933, separated...

You simply dismiss all of it as nonsense, but that's the published OECD data. Maybe they got Canada wrong, but my wife and I were in Sweden and Norway this past summer where they've slashed corporate taxes (from 55% down to 28%) and are increasing employment as a result.

Going back to the Eisenhower rates wouldn't solve the problem for two reasons: (1) The highest rates didn't kick in until you made over $200k per year, which would be about $3M/year in today's dollars. Very few people make that kind of money. Certainly not enough to make a dent in a trillion...

Business taxes in the US are still much too high. They pay a corporate tax rate of 35% plus state corporate taxes, pushing many into the 40+% bracket. Business taxes are lower in the rest of the world: United States: 35% (Plus state taxes) Canada: 18% Denmark: 25% Germany: 30%...

I have twice (once a close friend, and once a family member) tried to teach people to trade and both times they quit after a few months. The psychological/emotional issues that destroy patience and discipline are almost impossible to overcome. I think your point about hitting a "personal low" is...

Your statistics require historical background. The period of 1945-1965 established the US as the leading manufacturing country in the world, not because of our manufacturing prowess, but rather because of our military might. At the end of WWII, the US had 5% of the world's population and 70%...

One of the things that technology sometimes does is increase the supply of labor relative to demand for labor. In other words, a new technology will often make it possible for less-skilled people to do a job that used to require someone with greater skill. If a job requires less skills, there...

Productivity has increased because of technology. The added wealth (productivity) goes to those who invent/own the technology.

I tell them that, under the advice of my attorney, I don't invest other people's money because of the potential liability. Period. End of discussion. If a family member or friend comes to me in legitimate need of money, I just give it to them.

According to Gallup, it's now over 10%. http://hotair.com/archives/2010/10/07/gallup-unemployment-rate-back-over-10/

Quote from Omar Ahmad, CAIR’s former chairman: “Islam isn’t in America to be equal to any other faith, but to become dominant. The Koran should be the highest authority in America, and Islam the only accepted religion on earth.”

The fact that I don't support Obama doesn't mean that I hate him. I disagree with him because: 1. He wants to raise my taxes substantially; 2. He's running up massive debts that will make my children debt slaves to China. I also believe that under the right circumstances he might support...

It's sugar, refined carbohydrates (bread, cookies, white pasta, etc.) and high glycemic carbs (e.g., potatoes) that kids get addicted to. To make matters worse, the beef served by fast food restaurants is grain fed (very bad), low in Omega 3 fatty acids and laced with growth hormones. We keep...

Read this article written in 1999. In paragraph 8 it predicts what was to happen eight years later. http://www.nytimes.com/1999/09/30/business/fannie-mae-eases-credit-to-aid-mortgage-lending.html

Good point. Here in California state income taxes and sales taxes have doubled since the 1950s, and gasoline taxes have quadrupled.

You're right. It's not about the money. I don't know any billionaires but I do occasionally play golf with a guy that's supposedly worth over $400M. Money doesn't matter to him. It's about achievement. He still works 16 hour days. And when we play golf, he's there two hours before everyone...

As I stated in my previous post: It's true that "published" tax rates went has high as 91%, but nobody actually paid those rates. During 1940s-1960s there was something called "non-recourse leveraged tax shelters" that wealthy people used to lower their taxes. The last of the allowable...

It's true that "published" tax rates went has high as 91%, but nobody actually paid those rates. During 1940s-1960s there was something called "non-recourse leveraged tax shelters" that wealthy people used to lower their taxes. The last of the allowable non-recourse leveraged tax shelters were...

The "ideal" tax rate would be zero, but that's not practical. We need to have a government and it has to be paid for in some manner, so taxes are a necessity. The ideal practical tax rate would be that amount required to fund the government. That raises a big thorny question: How big should...