Posts from November 2012

A Few Thoughts on The Fiscal Cliff

Lots of back and forth on the fiscal cliff.  The more I hear about it, and think about it, the more I think it might just be better to go over.  I have read from Keynesians how higher taxes will …






Breakfast Links

Roger Simon is a friend of mine, and pens a good piece here.  I’d go a little further.  In the spirit of budget cutting, I’d end all federal funding for abortion and marriage, and end marriage subsidies.  Few get married …






Breakfast Links

I didn’t win the Powerball, so back to the salt mines for me.  Don’t throw away your ticket. Geeks.  They have a code.  Researcher wrote a book. Is there more than one type of convertible debt? Is there a Series …






Obamacare Health Exchanges Won’t Work

There is a debate right now about whether to establish a state run health care exchange, or let the federal government administer the exchange.  It’s a poor Solomon’s choice.  Neither will work. What’s the concept of an exchange anyway?  Two …






Breakfast Links

Big 10-ACC challenge started last night.  Good start for the Big 10.  Big 10 basketball is back. 10 best new products few people know about. I think this is correct. Men and sheep, sleeping together. The Dems don’t want entitlements …






Welcome to The New Reality-Government Run Everything

Yesterday, I needed to get a couple of EIN‘s for some things I am doing.  I logged into the IRS website.  I searched for EIN in their search box.  I got to a page which told me a bunch of …






Challenges In Early Stage Start Ups

Recently, we had a SEEDCON in Chicago.   Here is one of the panels. Troy Henikoff moderated the panel. Various entrepreneurs talked about what they did at an early stage to get going, and how they are trying to disrupt …






Breakfast Links

The truth behind beef prices. ($LE_F) Hahahahaha.  And they say they aren’t socialists.  Hahahahahaha.  Mine was tongue in cheek. There never was a recession in Washington DC. Private equity managers make moves before the end of the year. Jack B. …






Taxing The Rich

A lot of folks are practicing “Saul Alinsky” on Grover Norquist.  Some Republicans are backing away from the pledge they signed. There is a lot of misunderstanding on taxes.  Taxes aren’t about anything other than microeconomic incentives to act.  Warren …






Microeconomics Monday-Price Elasticity of Demand

Each Monday, I am doing a series on Microeconomics.  I think it’s a horribly misunderstood topic. People have been taught that economics is simply a trade off between guns or butter and it’s simply not true. One of the most …






Breakfast Links

How to pitch to an angel investor at SEEDCON Advice to college students regarding start ups. Has anything changed? What hasn’t changed. The anti-social era. Munis might still be a buy. Advocates of big government might want to look to …






The Keynesian Way To Rebuild America

My mayor, Rahm Emanuel penned an editorial for the Washington Post.  In it, he advocates bringing the Chicago way to the rest of America.  I would disagree.  Say what you will about the corruption in Chicago-and it’s rampant-but the logic …






Private Capital, Private Markets

At this time of year, a lot of articles write about what you should invest in going forward.  People take a peek at their investments and start doing some mental scoring.  If they look at the S&P, they have made …






Breakfast Links

ND wins, them and who in the National Championship game.  Bama would be a 10 point favorite. It’s not innovation until you turn ideas into profitable companies.  At MIT they are good at that. Student loan interest is being phased …






End of Year Tax Advice

Annually, business publications have at least one article on end of year tax advice.  When I read them, I don’t find anything particularly enlightening.  It’s the same every year. Here is the playbook. Sell off losing stocks and take the …






Breakfast Links

Last night on Fox News, they talked about grass fed beef.  No one knows where to get it, but I do:  Tallgrassbeef.  Shipped to your door. Kinda cool clothing start up in Chicago.  Stock Mfg.  Check them out and order …






Eventually, Math Wins

While standing in line at my local Treasure Island I overheard a conversation between the cashier and the bagger.  The cashier said, “Did you see how much they raised the cost of a monthly CTA bus pass?”.  The bagger said, …