Can I put you on? Reply


What do Elton John and Barack Obama have in common?

A song.

Today is the 44th anniversary of Mr. John’s first live album titled 11.17.70. It was recorded on November 17th, 1970, in the A & R Studios in New York and was broadcast live on radio.

This album was one of my first exposures to Mr. John’s music, and I was quite taken with it. I’m a piano player. Most of the rock music of the mid and late 60s was driven by the electric guitar. I like rock music that is driven by the piano. I like it even better when accompanied by strong melody… More…

Hillary forced to back pedal once again 3


For nearly six years, Keynesian economics has been put to the test.

The Obama administration has used “stimulus spending” with a profligacy that would even make Franklin Roosevelt blush. And yet it hasn’t worked.

Economic growth lags way behind typical economic recoveries. Same with the unemployment rate.

What is particularly damning is the employment rate which hovers around the abysmal levels of those sorry Carter years… More…

“Economic patriotism” 4


The latest result of Obamanomics goes by the fancy name of “tax inversions.” What that simply means is a company domiciled in the U.S., say Burger King, gets fed up paying the highest corporate income tax in the world (see chart above) so they buy a Canadian company, let’s say it’s Tim Hortons, and move their domicile to Canada with their 15 percent corporate income tax rate.

You do the math: 15% Canadian tax vs. 35% U.S. tax. More…