“We will be accountable. We will answer for this legislation one year from now… We won’t say, ‘Well, that’s just the economy’s fault.’ No, we will be accountable for the decisions that w...Read More
Last week in my blog post, Pensions are not Free, I was pretty hard on the accounting profession and worried about our national pension liability. This is another, more positive way to think about it:...Read More
Peggy Noonan wrote a great article in the Saturday WSJ about the Tea Party movement and the unease many American feel about the “ruling elite.” Revolt of the Accountants It made me think...Read More
On this date in 1869, thousands of businessmen were ruined in a Wall Street panic known as “Black Friday” after financiers Jay Gould and James Fisk attempted to corner the gold market. And...Read More
Even the Democrats in the California Legislature couldn’t bring themselves to vote for this Nanny State Ban on Plastic Bags. The LA Times thinks it was defeated by plastic industry lobbying. ...Read More
“I believe that there is only one road to true reform, and that is to rediscover and reapply the principles of federalism and, in that way, reduce the scope of federal responsibility to manageab...Read More
I wrote the following right after I heard that a judge had ruled California’s ban on gay marriage unconstitutional. I hesitated to post it because…I’m not even sure why. “I...Read More
San Francisco again. The City Council is considering a ban on selling pets. Our Dog Missy The article in the SF Chronicle says that the council wants to stop people from abandoning pets. Message t...Read More
Years ago some children were killed on bikes. So the governments, state and federal, passed laws that required children to wear helmets when they rode bicycles. The laws were of course supported b...Read More