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Members of AIG's financial-products unit should take heart. Yes, Obama administration pay czar Kenneth Feinberg is coming down on them with the awesome power of his czardom, dictating that their pay not exceed $200,000 a year. ...more
October 28, 2009
After banks and car dealers got a windfall from our government, doing away with cost-of-living adjustments for seniors on Social Security seems both unfair and prejudicial. ...more
August 29, 2009
Whenever I hear that someone hits the lottery or some other big windfall, I say to myself, "Why can't they share it with me?" Well, my wife and I were shopping a few weeks ago, and when lunchtime came around we ate at the nearest place that we could find. ...more
August 22, 2009
I've had a few questions lately about this idea of Florida getting oil-drilling revenues to help with its sagging budget - and things like schools. If you're swayed by this argument and big oil's latest push to put rigs off the tourism state, then you need to know something: Oil money from federal leases cannot be used for that kind of stuff. It can only be used to clean up the mess and damages from drilling. ...more
June 16, 2009
State lawmakers say gambling bills that passed a Senate commitee today could plug a third of the state's $3 billion funding hole. ...more
March 25, 2009
Being on the lake at first light is a way of life for Ivan Oueda and Edward Parker. ...more
March 10, 2009
Filing your federal taxes could put a few extra bucks in your pocket this year, especially if you pay close attention to the fine print. ...more
March 1, 2009
Gov. Charlie Crist released a proposal this afternoon that relies on billions of federal stimulus dollars to boost state spending by $1 billion next fiscal year. ...more
February 20, 2009
As we are well into the recession brought on by the burst "housing bubble," I have seen blame apportioned to any number of "malevolent" forces including "predatory" lenders, "greedy" developers, "unprincipled" house flippers, George W. Bush and the wicked Dick Cheney, as well as other evil or indifferent classes of fortune seekers. The theme is played to demonize all who thought to profit in housing while portraying those facing foreclosure as victims, duped by sophisticates playing two or more steps ahead of them. ...more
February 20, 2009
Citing a desire to reward his employees, a Miami banker doled out $60 million in bonuses to all staffers and even some retirees after he sold a majority stake in the company for close to $1 billion. ...more
February 16, 2009
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