There’s something just a little, how do I put it, smarmy about our soon-to-be new Secretary of the Treasury.  Here he is, applying for the job that oversees the IRS, and somehow a few years back he came up about $30,000 short on various taxes.
Where I grew up, we called that a double-standard.  President Obama [...]

You may recall a few months ago I mentioned I had started reading The FairTax Book. It only took about 5 or 6 hours of reading time, but it kept bouncing around in priority, and I just finished a couple of days ago.
It is really tough to explain the whole idea in a few [...]

Today we got to see some of the substance of Barack Obama’s plan for solving the current economic crisis.  Both Reuters and the Wall Street Journal have good write-ups.
Obama’s approach includes:

More power to the Federal Reserve over non-bank investment firms that borrow from the central bank
A ‘financial oversight commission”
$30 billion in aid for financially stressed [...]