In part 1 of this series, I explained how the CEO pay ratio is an overstatement, and compares apples to apple pies. Now, we’re going to look at the different economic bargains and incentives for the types of actors in a corporation. Next, we... »
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In Defense of CEO Pay – Part 1: The CEO Pay Ratio
CEO’s have taken a beating lately. Some of the criticism is deserved, but the argument that CEO pay is out of line simply because public company CEOs make 300 times what the average worker does, bears some analysis. The implication, sometimes stated outright, is... »
Why 9-9-9 is not regressive
I’m not normally in the business of making arguments for politicians, but Herman Cain’s 9-9-9 plan is getting some unfair criticism, and more than a few people are mischaracterizing the real tax burden Americans face. Fore example, on Meet the Press this weekend, David... »
So long, and thanks for all the tech.
I’ve never been an Apple guy–I’m not cool enough. I prefer Linux for the same reasons that, when I make bread, I start by planting wheat in my backyard. Using a pipette. My (nerdy) objection to Apple computers, that they do not allow enough... »
The Fierce Incompetence of Central Planning
What if I told you you could get in on the ground floor (or low level) of a technology company. The company is a few years old, and has had increasing losses over it’s history: $27.2M three years ago, $114.1M two years ago, $232.2M... »
Stop Monetary Policy from Getting Progessively Worse
Progressives (née Liberals) far and wide are crying foul over a letter from the GOP Congressional leadership to the chair of the Federal Reserve Board. The letter has drawn charges of intentional sabotage and that the GOP wants America to fail. Dick Durbin even... »
Dems new narrative: The economy has recovered; welcome to the new normal.
Over the weekend two Democrats made essentially the same point: the recovery has gone as far is it can go. Speaking at a fund raiser in Wisconsin, Vice President and Stimulus Sheriff, Joe Biden, announced that “there’s no possibility to restore 8 million jobs... »
Glibbs proves how little the Obama administration understands about business.
Today, Robert “Glibbs” Gibbs showed how little the Obama administrion knows about business and corporations. Glibbs repeatedly said Obama’s reason for not meeting with BP CEO Tony Hayward was that he was merely the CEO, and “anything he does has to be approved by... »
The Art of Saying Nothing: the Age of Obama.
Nearly five minutes of speaking and both Secretary of Homeland Security Janet Napolitano and Secretary of the Interior, Ken Salazar, are both unable to provide on cogent piece of information. “I want to reiterate, BP is the responsible party…” Was this ever in doubt? ... »
New Product – The Circle of Trust
“See, if I can’t trust you, Greg, then I have no choice…but to put you right back outside the circle. And once you’re out, you’re out. There’s no coming back.” – Jack Byrnes (Robert Di Nero) Meet the Parents (2000). It’s simple, it’s elegant... »