Those Californians who haven't already fled the state's high taxes, are looking at man-made power outages for as much as 10 years, reports Katherine Blunt in the Wall Street Journal. She writes: PG&E Corp. PCG -0.37% ’s chief executive said Friday that it could take as long as 10 years for the company to improve its electric system enough to significantly diminish the need to pull the plug on customers to reduce the risk of sparking fires. Bill Johnson, who joined the company in May, made the disclosure at a California Public Utilities Commission hearing where the panel’s president, … [Read more...]
California’s Tax Increases Spur 40% More Wealthy Residents to Leave
Just how long will wealthy Californians accept being used as an ATM machine by the state's legislators? For years Democrats have said their ever-increasing taxes don't drive wealthy people away from the state. A new study says that theory is false. In fact, the study suggests higher taxes in California increased the number of wealthy residents fleeing by 40%. Americans do, in fact, want to leave their high tax states. The Editors at The Wall Street Journal write: Democrats in California have raised taxes on the rich again and again, and liberals claim it has no effect on taxpayer … [Read more...]
In Mexico, Gun Control Kills
Americans questioning whether or not national gun control is an appropriate course to take for fighting crime have the ability to peer in on an experiment that has tried just that. Just below America's southern border lies a laboratory that has been testing some of the toughest gun control laws in the world. Despite those tough controls, in Mexico, violence is rampant. In the Wall Street Journal, John R. Lott, Jr., author of More Guns Less Crime, The War on Guns, and The Bias Against Guns, explains what can be learned from the situation in Mexico. He writes: Another month, another … [Read more...]
Fidelity Ends its $500M Relationship with Ken Fisher
Darla Mercado reports at CNBC: Fidelity has terminated a $500 million relationship with Fisher Investments, bringing the total yanked from the money manager to almost $1.8 billion. Officials at the giant Boston-based asset manager confirmed it would end its relationship with Fisher on Monday, in light of inappropriate comments founder Ken Fisher made at an investment conference on Oct. 8. Fisher managed $500 million in assets for Fidelity’s Strategic Advisers Small-Mid Cap Fund. “Fisher Investments does not provide investment advisory services for any portion of the assets of … [Read more...]
Here’s Why Warren’s Wealth Tax Won’t Work
Elizabeth Warren has a plan to pay for all her plans; take wealthy Americans' money. The problem is, other countries have tried just that, and it didn't work. The rich and ultra-rich can move anywhere in the world and hide their wealth there. That's exactly what they have done in other countries that tried to pin them down and take their wealth. Not to mention how difficult wealth taxes are for family farmers, whose wealth is tied up in their land. They are forced to sell parcels each year in order to fund the taxation. Pretty soon, there's no farm left! And certainly no wealth. At … [Read more...]
Your Retirement Life: Thank You EJ from Kodiak, Alaska (Part II)
You may have read about my client Dr. Lee earlier this week, how we’ve been working together for 16 years, and the story behind the homemade “Thank You EJ” sign in the picture. I want you to read his response to my post and share it with everyone whose financial security you care about. Part of my effort on your behalf is to help you avoid inertia, get into the compounding game, and always be prepared for the worst. Always think about your risks first and realize the success you and your family deserve. It’s that simple. Here's what he wrote: Well said. Hope people listen. It’s not … [Read more...]
Trump Makes America Great in Dallas
Watch the first five minutes and you too will want to “Make America Great!” … [Read more...]
Northeast Bomb Cyclone Lashing New England
Last night a "bomb cyclone" hit New England, causing winds up to 90mph and setting low-pressure records for October. [Observed Wind Gusts] It was a wild night with wind gusts up to 90 mph in Provincetown #MA! Here is a map of other observed wind gusts across #RI #CT pic.twitter.com/f6ozxZ3tgE — NWS Boston (@NWSBoston) October 17, 2019 Weather.com reports of the storm: A bomb cyclone lashing the Northeast has left over a half-million residents without power, downed numerous trees and set new October low-pressure records. The intense storm has left over 550,000 customers without … [Read more...]
Boston Pulls $248 Million from Fisher Investments
The city of Boston's pension board will join Philadelphia and the state of Michigan in divesting from Fisher Investments reports Bloomberg's Janet Lorin, writing: “Boston will not invest in companies led by people who treat women like commodities,” Mayor Martin Walsh said in a statement Wednesday. “Reports of Ken Fisher’s comments and poor judgment are incredibly disturbing.” The city’s pension board will pull $248 million. Fisher Investments is seeing a growing backlash since the firm’s founder made offensive comments about women, spoke of genitalia and then failed to immediately … [Read more...]
Deep State Fears: Taibbi “We’re in a Permanent Coup”
I've followed Matt Taibbi's career for some time. One of his best lines was about Facebook, which he called "a giant blood-engorged tick hanging off your frontal lobe." Taibbi is no conservative, at least not from what can be deciphered from his writing, so his recent endorsement of the idea that the Deep State is after President Trump takes on all that much more seriousness. He writes: I’ve lived through a few coups. They’re insane, random, and terrifying, like watching sports, except your political future depends on the score. The kickoff begins when a key official decides to buck the … [Read more...]
- « Previous Page
- 1
- …
- 300
- 301
- 302
- 303
- 304
- …
- 477
- Next Page »