Tag: George W. Bush

Replacing “Assets Under Management Fees” with “Net Worth Under Management Fees”

The other day I asked a money manager I was getting to know whether his firm charged a lower fee for managing bond portfolios than it charged for managing stock portfolios. He said no — that his firm charged the same for both. I asked him about this because some […]

Defined Benefit vs. Defined Contribution Retirement Plans: Why 401k Plans are Not Your Father’s Oldmobile

Making the rounds the past 24 hours is a piece by Atrios in USA Today called “401Ks are a Disaster.” Here are the first two paragraphs: We need an across the board increase in Social Security retirement benefits of 20% or more. We need it to happen right now, even […]

The Tax Sunsets (Mostly) Sunset

We can, I suspect, all agree that taxes impact behavior. To see that this is so, one need only look to Vancouver, Washington, a Portland suburb adjacent to the Oregon/Washington border, where many Vancouverites go out of their way to do most of their shopping across the river in Portland, Oregon, where there is […]

Tax Rates and the Fiscal Cliff (a/k/a the ALLEL-GBTD-HSS-2001)

We now return to our normally scheduled program . . . *  *  * The election of 2012 is over and at least day-and-a-half-after debriefed. My how things have changed. Looking back we see how:      Twelve years ago we, as a nation, made decisions which, when aggregated, were […]

On the Occasion of September the 11th, 2006: A Reflection on Power

Five years on, all of us remember back. For me it is the sound of the sadly-NPR-departed Bob Edwards wafting up through my pillow speaker (a piece of technology that has vastly improved my marriage) saying in a very calm voice and not, apparently, as part of a breaking-in-to-tell-you-some-breaking-news sort […]

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