Bailout…What bailout? On September 26th, I made appearance on Mike Galano’s CNN television program to discuss the public’s fury over the “bailout” of our banking and financial services industry. My point of contention, or warning in regards to the $700 billion plan was not the dollar amount, or any of the other conventional objections being […]
It has been argued that the House Ways and Means Committee is the most powerful committee in Congress. The duties charged of the committee are to write tax legislation, and other bills that affect Social Security, Medicare and other entitlement programs. This committee wields the mighty power of our 67,204 page tax code. The committee […]
I had eight people call in and cancel their subscriptions to the Markowski Monthly last month due to my article Defying Economic Gravity “How dare you quote my candidate in an honest manner?” where I quote Barack Obama directly in regards to his plan to almost double the capital gains rate to 28%. Gee…Sorry that […]
Faster than rising entitlements. More powerful and complex then the tax code. Able to defy economic gravity with a single bound. Look! Up in the sky! It’s a liberal, it’s a unifier, it’s Barack Obama I have thoroughly reviewed Barack Obama’s economic plan, it is readily available on his, and my website. I dubbed it […]
I have to admit that I am a dork. I am one of the forty-seven individuals in the United States that actually watches C-SPAN on a regular basis. I actually find greater humor in watching our leaders, are self-proclaimed best and brightest stumble all over themselves in Congress, rather than anything made available on network […]
I thought Christmas was over. The storage container I have to rent due to our enormous Christmas decoration stock pile that would make Clark Griswold proud, was packed and sent away weeks ago (We don’t have basements in Florida and my lovely wife loves to add to the stock pile every year.) I guess they […]
We are in the midst of the heralded, oft-discussed and propagandized “First 100 Hours of the 110th Congress,” and I have to admit I spent a great deal of time watching CSPAN the first two weeks. Some of the rhetoric, dialogue and legislation was so over the top, so ridiculous it felt like I was […]
“Facts are stubborn things; and whatever may be our wishes, our inclinations, or the dictates of our passion, they cannot alter the state of facts and evidence..” John Adams, ‘Argument in Defense of the Soldiers in the Boston Massacre Trials,’ December 1770 We are heading into the mid-term election, which means it is time once […]
The House and Senate have agreed in principal to a tax package that would increase the exemption for the alternative minimum tax in 2006. The exemption would increase to $62,550 and $42,500 for joint and individual filers respectively. The AMT exemption was $58,000 for joint filers and $40,250 for individual in 2005. Charles Grassley R-Iowa […]