Author Archives: Jim

Open Letter to Freddie Mac’s Paige Wisdom

Posted on March 8, 2013 by Jim

Recently, I have been doing some reading on risk management related to public policy. Not too surprising given my recent posts that provide evidence that government control does not mean zero risk, but often higher risk. One piece that I … Continue reading →

Posted in Economics | Tagged Fannie Mae, Freddie Mac, housing bubble, Paige Wisdom, risk management | 1 Comment

Republicans Want to Tax the Rich Too

Posted on March 7, 2013 by Jim

When Democrats posture that the Republicans are only out to protect the rich from taxes, I have to wonder what deluded alternate reality they are observing. Seriously, if we drop rhetorical clichés for a moment, let’s do something strange and … Continue reading →

Posted in Political Discussions | Tagged amity shlaes, Andrew Mellon, Bush tax cuts, Calvin Coolidge, capital gains tax, Kemp-Roth, Reagan tax cuts, Republican Party, tax reform, taxes | 4 Comments

NJ Gov. Christie Evades Government Spending in Union Giveaway

Posted on March 6, 2013 by Jim

Bloomberg reports that New Jersey’s unfunded public employee pension liability increased by $5.5 in 2012, which is a 13% increase in the states total unfunded pension liability. As I have written before in the case of Obama’s $761.5 billion accounting … Continue reading →

Posted in Election, Political Discussions | Tagged Barack Obama, Bloomberg, Bosch Fawstin, Chris Christie, corruption, debt, debt ceiling, deficit hawk, deficit reduction, deficits, Elise Young, New Jersey, pensions, public employee unions, Terrance Dopp, unfunded liabilities | Leave a comment

Gay Marriage and Barbara Jordan

Posted on March 4, 2013 by Jim

As part of a school assignment related to Black History month, I assisted my niece with her paper on Barbara Jordan. Of course, in my family who is the go to guy for black history but me? Probably the people … Continue reading →

Posted in Congress | Tagged Barack Obama, Barbara Jordan, black history month, civil rights, gay marriage | 1 Comment

The Allegory of Africa

Posted on March 3, 2013 by Jim

While you are no doubt familiar with Frédéric-Auguste Bartoldi’s “Statue of Liberty,” you have probably not yet been introduced to his “Allegory of Africa.” The figure of a well muscled African reclines prone, neither rising nor resigned to fall back. … Continue reading →

Posted in Political Discussions | Tagged Africa, Frédéric-Auguste Bartoldi, National Gallery of Art, Statue of Liberty, voluntary | Leave a comment