Riddle:I am the key to unlocking your finances, I am unique only to you, I have the power to destroy politicians who challenge me, I am worshiped by millions, and I offer false promises to future generations. Who am I? If you answered Social Security you would be correct. Charles Blahous, special assistant to the president for [...]
Archive for November, 2007
RETIREMENT RIDDLE
November 13, 2007PERFORMANCE SHENANIGANS
November 13, 2007A new academic report by Professors Vikas Agarwal, Naveen Daniel and Narayan Naik entitled Why is Santa So Kind To Hedge Funds? studied the performance of hedge funds returns for the month of December. The professors looked at 7,535 hedge funds from 1994-2002 and what they found is in their words is a “December spike.” [...]
AMT FIX OR TAX HIKE
November 13, 2007The most powerful committee in the House of Representatives is Ways and Means. Members of the caucus wield the most powerful instrument in the United States, the tax code. This past month Chairman Charles Rangel outlined what is being dubbed in many outlets as the “Mother of All Tax Hikes.” This is the largest individual [...]
