January 27, 2012 0Comment

By STEPHEN OHLEMACHER | Associated Press WASHINGTON (AP) — Why do Mitt Romney and other wealthy investors pay lower taxes on the income they make frominvestments than they would if they earned their millions from wages? Because Congress, through the tax code, has long treated investment more favorably than labor, seeing it as an engine for economic growth that benefits everyone. President Barack Obama and the Occupy Wall Street movement are challenging that value system, raising volatile election-year issues of equity, fairness — and Romney’s tax returns. Romney, who released his 2010 and 2011 tax returns this week, has been forced to defend the fact that he paid…

January 16, 2012 0Comment

You may have a clear vision for your business, but that may not be enough. A case in point, President Obama, whether you agree with him or not, has a clear vision, but his leadership style has created incredible gridlock. Now I know his supporters will blame the Republicans, but a great leader is able to work with his adversaries and still achieve results. Blaming your opponents is just an excuse, the bottom line is that success is your responsibility. In business almost everyone is your adversary, vendors want to charge you more, customers want to pay you less, employees want bigger salaries,…

January 15, 2012 0Comment

I am sure Apple fans will be distressed at the idea that Apple and Microsoft are not all that different. Well I am not referring to their products, I am referring to their business practices. Any objective person has to admit that Bill Gates and Steve Jobs are both Brilliant. Each in their own way arguably had more of an impact on our current world than anyone else. Yet with his passing Steve Jobs is revered as a profit or seer and in contrast Bill Gates has suffered endless criticism. Why? Bill Gates made had the foresight to allow other hardware manufacturers to…

January 8, 2012 0Comment

What many people don’t consider is that stimulus spending is a different issue than deficit spending. Debating the merits of government stimulus spending is a different discussion. The fact is that when the government borrows money for any type of spending it has the same effect. So what is the problem with the government borrowing so much money? Let’s say you had $100 that you could lend and you knew 2 people who wanted to borrow it. The first one owned a nice home, had a good job, and expensive jewelry. He would give you an expensive diamond ring to…