One of the leading controversies on the Sunday TV talk shows was the appropriateness of the government imposing limits on the executive compensation packages of those corporations which have been bailed out with tax funds. A moment's reflection on the fact that the taxpayer now stands in the place of the stockholder as the owner of these companies should be a sufficient justification for these limits. Stockholders, as the owners of a corporation, originally set the compensation of its officers and employees, but over the years, the officers and boards of directors, through a series of strategies, wrested control from the stockholders and, treating the companies as their own, set their own compensations without regard for the wishes of the true owners, the stockholders. Their view? If you don't like it, sell you stock. A board room "coup de corps!" ...more

October 27, 2009

Dang 'em! We ought to take a rope and hang 'em! From higher than the tallest tree! ...more

March 25, 2009

Obscene Raises On consecutive days, Nov. 20-21, The Tampa Tribune provided information on the challenges of financing higher education in Florida from which I surmised that the quality of learning isn't likely to be resolved any time soon. Not surprisingly, it's all about money. ...more

November 28, 2008

Comparisons to Pearl Harbor might have been an exaggeration, according to two University of Florida economics professors. ...more

September 26, 2008