I wish this was around when I was 23…

…”Venture for America“.

 

 

Favorite TV Shows of 2012-2013

Favorite TV Shows of 2012-2013

Dramas

Comedies

Realty Show

Late Night Talk Show

  • Red Eye (FNC)

Podcast (substituting for TV consumption:

 

Also note this similar discussion here.

“The FSOC’s decision to expand the too-big-to-fail designation to nonbank firms will be seen as the most damaging action taken under Dodd-Frank”

Instead of going away, “Too Big To Fail” is expanding:

 

It was no surprise that the Financial Stability Oversight Council (FSOC) decided last week to cite a number of nonbank firms as systemically significant, placing them in line for greater regulatory scrutiny by the Federal Reserve. What was a surprise is that — in the midst of a huge outcry in Congress about banks that are too big to fail (TBTF) — neither Congress nor the administration asked the FSOC to stop the designation process until the too-big-to-fail issue had been fully thought through. After all, by designating some nonbanks firms as TBTF — GE Capital, AIG, and Prudential Insurance are in the group — the FSOC has created a whole new set of institutions that will now be considered TBTF. [via The American]

 

America move from entrepreneurial capitalism to state crony capitalism continues step-by-step.

IMO, companies that are “too-big-to-fail” need to be broken up.

 

 

Time for a Theme Song for the “Financial Cliff”

My choice is “Ship of Fools” by World Party:

I’ve used it before.

Idea for Avoiding the Fiscal Cliff: 4 X 4 X 4

How about this idea for 4 year plan:

  • 4% across the board income tax surcharge for all taxpayers regardless of income bracket
  • 4% across the board reduction in real spending (not projected increases in funding) for year one
  • In each subsequent year, total real spending has to decrease an additional 4% (it doesn’t have to be 4% across the board though)
  • At the end of 4 years, the income tax surcharge expires automatically
  • If in any year, total real spending doesn’t decrease 4%, the Income Tax surcharge is suspended
  • If in any year, total real spending doesn’t decrease by 4% the permanent base pay of members of congress, congressional political staffers, POTUS, VPOTUS, and executive branch political staffers decreases by 4%

Its better then the cliff. Also a “4 year” plan sounds like a “5 year” plan so the lefties should like that. I think Instapundit’s  ideas should be included as well.

Call it the Purpleslog 4 x4 x 4 Plan.

 

Keep the Dollar Bill, Ditch the Penny

This, not this.

I like the idea of Lincoln Nickles.

http://coinauctionshelp.com/TPGS_FORUM/phpBB3/download/file.php?id=1251&mode=view

Amen to This: “it’s important it’s seen as a socially desirable thing to be an entrepreneur”

Quoting Elon Musk via Next Big Future. Read it.

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